American Federation Of Musicians Of The Us & Canada
- Assets
- $763.0k
- Revenue
- $927.4k
- Investments
- $532.6k
- Employees
- 171
- Location
- Cleveland, OH
- Founding
- 09/1940
- Data as of
- 12/2023
- EIN
- 34-0417260
Organization Overview
American Federation Of Musicians Of The Us & Canada is located in Cleveland, OH. The organization was established in 1940. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, American Federation Of Musicians Of The Us & Canada employed 171 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Federation Of Musicians Of The Us & Canada is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, American Federation Of Musicians Of The Us & Canada generated $927.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $974.3k during the year ending 12/2023. While expenses have increased by 9.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR UNION - ORGANIZE ALL WORKERS AND SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZING, NEGOTIATIONS AND COLLECTIVE BARGAINING. BENEFITS 485 MEMBERS.
.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Dicosimo President | Officer | 40 | $74,087 |
William March Secretary/tr | Officer | 40 | $54,382 |
Sandy Baxter Secretary/tr | Officer | 40 | $39,552 |
Todd Smith Vice Preside | Officer | 1 | $1,900 |
Michael Miller Director | Trustee | 1 | $900 |
David Banks Director | Trustee | 1 | $861 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $408,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $408,500 |
| Total Program Service Revenue | $463,989 |
| Investment income | $54,876 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $927,365 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $30,784 |
| Compensation of current officers, directors, key employees. | $168,021 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $406,841 |
| Pension plan accruals and contributions | $6,434 |
| Other employee benefits | $7,038 |
| Payroll taxes | $48,720 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,636 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,456 |
| Advertising and promotion | $12,273 |
| Office expenses | $3,555 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,773 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,686 |
| Interest | $0 |
| Payments to affiliates | $105,405 |
| Depreciation, depletion, and amortization | $560 |
| Insurance | $1,849 |
| All other expenses | $8,180 |
| Total functional expenses | $974,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,982 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $134,849 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,641 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $532,605 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,900 |
| Total assets | $762,977 |
| Accounts payable and accrued expenses | $139,936 |
| Grants payable | $0 |
| Deferred revenue | $8,635 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $148,571 |
| Net assets without donor restrictions | $614,406 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $762,977 |