American Federation Of Musicians Of The Us & Canada
- Assets
- $302.7k
- Revenue
- $115.2k
- Investments
- $0.0
- Employees
- 16
- Location
- Indianapolis, IN
- Founding
- 01/1940
- Data as of
- 12/2020
- EIN
- 35-0536510
Organization Overview
American Federation Of Musicians Of The Us & Canada, operating under the name Local 3 Indianapolis Musicians, is located in Indianapolis, IN. 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 12/2020, Local 3 Indianapolis Musicians employed 16 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Local 3 Indianapolis Musicians is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2020, Local 3 Indianapolis Musicians generated $115.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $230.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO THE ENHANCEMENT AND PROMOTION OF THE MUSIC PROFESSION IN INDIANA WITH OVER 400 MUSICIANS PERFORMING A WIDE VARIETY OF MUSICAL STYLES AND SETTINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF LOCAL LABOR UNION FOR THE INDIANAPOLIS AREA. PROVIDING SUPPORT TO MUSICIANS WHO ARE MEMBERS OF THE LABOR UNION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Hodapp Secretary/treasurer | OfficerTrustee | 35 | $55,906 |
Lawrence Clark Jr Vice President | OfficerTrustee | 1 | $1,343 |
Jared Rodin Director | Trustee | 1 | $924 |
Gary Myers Director | Trustee | 1 | $924 |
Edmund Cord Director | Trustee | 1 | $504 |
Kara Spurlock President | OfficerTrustee | 1 | $420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $100,647 |
| 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 | $100,647 |
| Total Program Service Revenue | $0 |
| Investment income | $5,232 |
| 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 | $115,234 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,917 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,259 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,026 |
| Advertising and promotion | $397 |
| Office expenses | $8,818 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,574 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $708 |
| Insurance | $3,591 |
| All other expenses | $11,733 |
| Total functional expenses | $230,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,474 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,112 |
| 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 | $139 |
| Net Land, buildings, and equipment | $19,800 |
| Investments—publicly traded securities | $228,182 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $302,707 |
| Accounts payable and accrued expenses | $960 |
| Grants payable | $0 |
| Deferred revenue | $8,337 |
| 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 | $9,297 |
| Net assets without donor restrictions | $293,410 |
| 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 | $302,707 |