Magazines And Books At Retail Association Inc is located in New York, NY. The organization was established in 1972. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Magazines And Books At Retail Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magazines And Books At Retail Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Magazines And Books At Retail Association Inc generated $112.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $186.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES A FORUM FOR EXCHANGE OF INFORMATION TO MEMBERS IN A COMMON INDUSTRY.
Describe the Organization's Program Activity:
Part 3
MONITORING OF INDUSTRY RELATED LEGAL DEVELOPMENTS AND COURT DECISIONS
TRADE UTILIZATION OF COMPUTERS, UNIVERSAL PRODUCT CODES AND TELECOMMUNICATIONS
BOOK AND MAGAZINE MARKETING SEMINARS AND CONFERENCES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald Lynch President | 40 | $3,000 | |
Ben Harris Director | 0 | $0 | |
Christi Crowley Director | 0 | $0 | |
Bruce Sherbow Chairman | 0 | $0 | |
Scott Hill Director | 0 | $0 | |
Eric Szegda Director | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Vitkin Management Company Software Dev & Opns | 12/30/19 | $108,266 |
Herman Consulting Group Inc System Design & Opns | 12/30/19 | $126,582 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $112,314 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $112,314 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $47,640 |
Professional fees and other payments to independent contractors | $17,825 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $121,027 |
Total expenses | $186,492 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |
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