Musical Instrument Technicians
- Assets
- $67.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southbury, CT
- Founding
- 09/1988
- Data as of
- 12/2021
- EIN
- 43-1332565
Organization Overview
Musical Instrument Technicians is located in Southbury, CT. The organization was established in 1988. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Musical Instrument Technicians 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 12/2021, Musical Instrument Technicians generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.7%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (37.7%) per year over the past 5 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
DESIGN AND MAINTAIN WEBSITE FOR MEMBERS AND THE PUBLIC TO INFORM AND EDUCATE THEM IN THE FIELD OF INSTRUMENT TECHNOLOGY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Vanovich Secretary | 1 | $0 | |
Kenneth Gerler President | 1 | $0 | |
Ken Knapp Director | 1 | $0 | |
Leo Corvino 3rd Vice Pres | 1 | $0 | |
Lonnie Smith 2nd Vice Pres | 1 | $0 | |
Harvey Casey 4th VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,080 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,083 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,093 |
| Total expenses | $1,093 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,078 |
| Other assets | $0 |
| Total assets | $67,078 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,078 |
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