Fretted Instrument Guild Of America
- Assets
- $168.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edmond, OK
- Founding
- 06/1978
- Data as of
- 12/2021
- EIN
- 36-2961676
Organization Overview
Fretted Instrument Guild Of America is located in Edmond, OK. The organization was established in 1978. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fretted Instrument Guild Of America 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 12/2021, Fretted Instrument Guild Of America generated $56.8k 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 (8.4%) each year. All expenses for the organization totaled $46.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
PUBLISH FIGA MAGAZINE DISTRIBUTED TO MEMBERS AND LIBRARIES MAINTAIN A MUSIC LIBRARY AWARD EDUCATIONAL GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Baier Sectres | 0 | $0 | |
Dr Ron Mc Lawhon President Emeritus | 0 | $0 | |
Cindee Burkitt Vice President | 0 | $0 | |
Dr Jeff Grosser President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,683 |
| Total Program Service Revenue | $750 |
| Membership dues | $14,495 |
| Investment income | $13,256 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,653 |
| Other Revenue | $0 |
| Total Revenue | $56,837 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $35,520 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $4,364 |
| Other expenses | $0 |
| Total expenses | $46,384 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,065 |
| Other assets | $0 |
| Total assets | $168,065 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,065 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fretted Instrument Guild Of America has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Choral Directors Oklahoma City, OK | $6,300,966 | $4,541,805 |
Radio Advertising Bureau Inc Irving, TX | $1,650,812 | $4,069,423 |
Alpfa Inc Austin, TX | $2,203,417 | $4,356,739 |
Texas Society Of Architects Austin, TX | $4,439,706 | $3,150,924 |
Aia Colorado Denver, CO | $1,813,569 | $1,321,943 |
Houston Chapter American Institute Of Architects Houston, TX | $892,719 | $1,154,952 |
Womans Club Of Fort Worth Inc Fort Worth, TX | $3,875,727 | $886,310 |
Austin Chapter American Institute Of Architects Austin, TX | $1,324,649 | $1,027,697 |
American Institute Of Architects Kansas City, MO | $675,522 | $664,208 |
Texas Press Association Austin, TX | $5,049,090 | $467,941 |
The American Coaster Enthusiasts Inc Grand Prairie, TX | $1,478,767 | $574,861 |
Missouri Cable Telecommunications Association Jefferson City, MO | $314,105 | $647,946 |