American Federation Of Musicians Of The Us & Canada
- Assets
- $6.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 09/1940
- Data as of
- 12/2022
- EIN
- 62-0291510
Organization Overview
American Federation Of Musicians Of The Us & Canada is located in Memphis, TN. 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. 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 12/2022, American Federation Of Musicians Of The Us & Canada generated $55.0k 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 (15.8%) each year. All expenses for the organization totaled $58.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.9%) 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
2022
Describe the Organization's Program Activity:
Part 3
FOR THE BENEFIT OF ALL MEMBERS TO REPRESENT THEM AND PROMOTE THEIR PROFESSION ABILITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Nathan Nix President | 15 | $8,800 | |
Saundra L D'amato Secretary/treasurer | 15 | $8,800 | |
John R Spott Former President | 0 | $0 | |
Laurie Pyatt Former Sec/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $54,711 |
| Investment income | $168 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $168 |
| Total Revenue | $55,047 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $20,718 |
| Salaries, other compensation, and employee benefits | $18,947 |
| Professional fees and other payments to independent contractors | $2,350 |
| Occupancy, rent, utilities, and maintenance | $5,161 |
| Printing, publications, postage, and shipping | $116 |
| Other expenses | $11,642 |
| Total expenses | $58,934 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,047 |
| Other assets | $0 |
| Total assets | $6,047 |
| Total liabilities | $944 |
| Net assets or fund balances | $5,103 |