Amusement & Music Operators Assn
- Assets
- $4.1m
- Revenue
- $767.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Crystal Lake, IL
- Founding
- 02/1960
- Data as of
- 12/2022
- EIN
- 36-2469101
Organization Overview
Amusement & Music Operators Assn is located in Crystal Lake, IL. The organization was established in 1960. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Amusement & Music Operators Assn employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amusement & Music Operators Assn 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, Amusement & Music Operators Assn generated $767.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $875.1k during the year ending 12/2022. While expenses have increased by 1.2% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE NEEDS AND INTERESTS OF THOSE PERSONS AND COMPANIES ENGAGED IN THE BUSINESS OF OPERATING COMMERCIAL, CURRENCY-ACTIVATED ENTERTAINMENT EQUIPMENT--SUCH AS JUKEBOXES, VIDEO GAMES, POOL TABLES, REDEMPTION GAMES AND OTHER DEVICES VIA EDUCATION PROGRAMS, LEGISLATIVE ADVOCACY, PURCHASING DISCOUNTS, NETWORKING OPPORTUNITIES, COMMUNICATION PRODUCTS AND RELATED SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTING MEMBER INTERESTS ON LEGISLATIVE ISSUES THROUGH ADVOCACY EFFORTS IN WASHINGTON D.C.
CONDUCTING CONTINUING EDUCATION PROGRAMS TO ENHANCE THE PROFESSIONAL DEVELOPMENT AMONG INDUSTRY EXECUTIVES
ORGANIZING ANNUAL INDUSTRY TRADESHOW, MEMBERSHIP MEETING, AND LEADERSHIP SESSIONS THAT PROVIDE MARKETING OPPORTUNITIES, NETWORKING, EDUCATION, AND INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Ramos Director | Trustee | 2 | $0 |
Angel Portugues Director | Trustee | 2 | $0 |
Bob Burnham Secretary | OfficerTrustee | 3 | $0 |
Bret Clostermery Director | Trustee | 2 | $0 |
Brian Brotsch Director | Trustee | 2 | $0 |
Chi Babich Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $814,111 |
| Investment income | $72,651 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$162,748 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $767,300 |
| 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. | $142,612 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $134,984 |
| Pension plan accruals and contributions | $14,645 |
| Other employee benefits | $0 |
| Payroll taxes | $21,596 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,225 |
| Fees for services: Accounting | $10,253 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,635 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,153 |
| Office expenses | $30,340 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,307 |
| Travel | $68,078 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,030 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,375 |
| All other expenses | $23,071 |
| Total functional expenses | $875,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $384,799 |
| Savings and temporary cash investments | $156,805 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $625 |
| 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 | $28,100 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,493,559 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,503 |
| Total assets | $4,110,391 |
| Accounts payable and accrued expenses | $16,440 |
| Grants payable | $0 |
| Deferred revenue | $304,558 |
| 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 | $9,534 |
| Total liabilities | $330,532 |
| Net assets without donor restrictions | $3,779,859 |
| 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 | $4,110,391 |