Guild Of American Luthiers is located in Tacoma, WA. The organization was established in 1983. As of 12/2022, Guild Of American Luthiers employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guild Of American Luthiers 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 12/2022, Guild Of American Luthiers generated $289.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $312.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE SHARING AMOUNG LUTHIERS TO ELEVATE THE ART AND CRAFT OF LUTHIERS BY PUBLISHING A QUARTELY JOURNAL, BOOKS, INSTRUMENT PLANS AND PERIODIC CONFERENCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATIONS OF QUARTERLY JOURNAL AMERICAN LUTHERIE AND BOOKS RELATED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
T Brotherton Director | Trustee | 1 | $500 |
B Henderson Secretary | OfficerTrustee | 5 | $12,240 |
Debra Olsen Treasurer VP | OfficerTrustee | 15 | $24,054 |
Tim Olsen President | OfficerTrustee | 25 | $44,162 |
R Petrulis Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $200,725 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $6,917 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $207,642 |
Total Program Service Revenue | $81,824 |
Investment income | $0 |
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 | $289,466 |
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. | $80,956 |
Compensation of current officers, directors, key employees. | $24,054 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $88,397 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,008 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
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 | $0 |
Advertising and promotion | $1,156 |
Office expenses | $1,774 |
Information technology | $10,419 |
Royalties | $312 |
Occupancy | $18,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $616 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,086 |
Insurance | $2,026 |
All other expenses | $0 |
Total functional expenses | $312,904 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $219,950 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $8,663 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $228,613 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $182 |
Total liabilities | $182 |
Net assets without donor restrictions | $0 |
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 | $228,431 |
Total liabilities and net assets/fund balances | $228,613 |