American Federation Of Musicians Of The Us & Canada
- Assets
- $674.8k
- Revenue
- $515.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Arlington, TX
- Founding
- 09/1940
- Data as of
- 12/2023
- EIN
- 75-0275575
Organization Overview
American Federation Of Musicians Of The Us & Canada, operating under the name Local 72 147, is located in Arlington, TX. The organization was established in 1940. 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 12/2023, Local 72 147 employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Local 72 147 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, Local 72 147 generated $515.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $486.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION REPRESENTATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MEMBERS ARE SERVED BY PROVIDING REPRESENTATION AND LEADERSHIP IN NEGOTIATIONS WITH EMPLOYERS CONCERNING WORKING CONDITIONS AND PAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Pino Secretary And Treasurer | Officer | 40 | $45,000 |
B Stewart Williams President | Officer | 40 | $45,000 |
Dana Sudborough Administrator | Officer | 40 | $42,000 |
Frederick Nichelson Board Member | Trustee | 0 | $0 |
Matthew Good Board Member | Trustee | 0 | $0 |
Paul Unger Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $474,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,626 |
| 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 | $489,626 |
| Total Program Service Revenue | $0 |
| Investment income | $494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $95 |
| Net Rental Income | $25,700 |
| 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 | $515,915 |
| 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 | $128,520 |
| Compensation of current officers, directors, key employees. | $131,999 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $12,888 |
| Other employee benefits | $0 |
| Payroll taxes | $12,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,403 |
| Fees for services: Accounting | $5,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,432 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,640 |
| Travel | $11,996 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,776 |
| Interest | $990 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,347 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $486,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,684 |
| Savings and temporary cash investments | $495,031 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,994 |
| 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 | $0 |
| Net Land, buildings, and equipment | $72,132 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $674,841 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $26,738 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,612 |
| Total liabilities | $30,350 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $406,272 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $238,219 |
| Total liabilities and net assets/fund balances | $674,841 |