American Federation Of Musicians Of The Us & Canada
- Assets
- $2.3m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 66
- Location
- Burbank, CA
- Founding
- 09/1940
- Data as of
- 12/2023
- EIN
- 95-1033610
Organization Overview
American Federation Of Musicians Of The Us & Canada is located in Burbank, CA. The organization was established in 1940. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, American Federation Of Musicians Of The Us & Canada employed 66 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Federation Of Musicians Of The Us & Canada 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, American Federation Of Musicians Of The Us & Canada generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) 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
TO PROVIDE SERVICE AND REPRESENTATION TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOCAL SECURES AND PROVIDES IMPROVED WAGES AND WORKING CONDITIONS FOR THE MEMBERS AND FURTHERS THE INTERESTS OF THE LOCAL AND THE TRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie O'keefe President | OfficerTrustee | 40 | $126,921 |
Marc Sazer Vice President | OfficerTrustee | 40 | $102,874 |
Gail Kruvand Secretary/treasurer | OfficerTrustee | 40 | $97,905 |
William Reinchenbach Executive Board/trustee | Trustee | 4 | $3,463 |
Bonnie Janofsky Executive Board/trustee | Trustee | 4 | $5,122 |
Pamela Gates Executive Board | Trustee | 4 | $3,333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $130,380 |
| 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 | $130,380 |
| Total Program Service Revenue | $3,433,361 |
| Investment income | $21,947 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$94,539 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,508,274 |
| 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 | $42,000 |
| Compensation of current officers, directors, key employees. | $435,388 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,068,976 |
| Pension plan accruals and contributions | $96,412 |
| Other employee benefits | $136,602 |
| Payroll taxes | $122,968 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $155,724 |
| Fees for services: Accounting | $20,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,625 |
| Advertising and promotion | $15,530 |
| Office expenses | $293,838 |
| Information technology | $109,307 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,197 |
| Interest | $3,511 |
| Payments to affiliates | $1,208,193 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $76,895 |
| All other expenses | $21,329 |
| Total functional expenses | $3,885,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $800,428 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $322,347 |
| 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 | $550,699 |
| Investments—publicly traded securities | $546,568 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,975 |
| Total assets | $2,273,017 |
| Accounts payable and accrued expenses | $142,062 |
| Grants payable | $0 |
| Deferred revenue | $249,111 |
| 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 | $165,510 |
| Total liabilities | $556,683 |
| Net assets without donor restrictions | $1,716,334 |
| 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 | $2,273,017 |