Magazines And Books At Retail Association Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 12/1972
- Data as of
- 12/2022
- EIN
- 13-2721436
Organization Overview
Magazines And Books At Retail Association Inc is located in New York, NY. The organization was established in 1972. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Magazines And Books At Retail Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magazines And Books At Retail Association Inc 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 12/2022, Magazines And Books At Retail Association Inc generated $112.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (29.6%) each year. All expenses for the organization totaled $186.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.9%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES A FORUM FOR EXCHANGE OF INFORMATION TO MEMBERS IN A COMMON INDUSTRY.
Describe the Organization's Program Activity:
Part 3
MONITORING OF INDUSTRY RELATED LEGAL DEVELOPMENTS AND COURT DECISIONS
TRADE UTILIZATION OF COMPUTERS, UNIVERSAL PRODUCT CODES AND TELECOMMUNICATIONS
BOOK AND MAGAZINE MARKETING SEMINARS AND CONFERENCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Harris Director | 0 | $0 | |
Christi Crowley Director | 0 | $0 | |
Scott Hill Director | 0 | $0 | |
Gerald Lynch President | 40 | $3,000 | |
Bruce Sherbow Chairman | 0 | $0 | |
Eric Szegda Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Herman Consulting Group Inc System Design & Opns | 12/30/19 | $126,582 |
Vitkin Management Company Software Dev & Opns | 12/30/19 | $108,266 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $112,314 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,314 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,640 |
| Professional fees and other payments to independent contractors | $17,825 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $121,027 |
| Total expenses | $186,492 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |