National Association Of Negro Musicians Inc The
- Assets
- $197.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Inglewood, CA
- Founding
- 02/1971
- Data as of
- 08/2022
- EIN
- 23-7015807
Organization Overview
National Association Of Negro Musicians Inc The is located in Inglewood, CA. The organization was established in 1971. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Association Of Negro Musicians Inc The is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, National Association Of Negro Musicians Inc The generated $95.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $120.4k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne-Marie Hudley-Simmons President | 15.25 | $0 | |
Dorothy J Canady Executive Secretary | 10.15 | $2,400 | |
Paul Martin-Bender First Vice Presidednt | 5 | $0 | |
Alfrelyn Roberts Second Vice President | 2 | $0 | |
Notorshau M Davis Secretary | 2 | $0 | |
Livingston Holloway Assistant Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,687 |
| Total Program Service Revenue | $37,199 |
| Membership dues | $40,645 |
| Investment income | $154 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,685 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $175 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $16,753 |
| Occupancy, rent, utilities, and maintenance | $4,962 |
| Printing, publications, postage, and shipping | $2,564 |
| Other expenses | $81,968 |
| Total expenses | $120,422 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $197,734 |
| Other assets | $0 |
| Total assets | $197,734 |
| Total liabilities | $0 |
| Net assets or fund balances | $197,734 |