Piano Technicians Guild Incorporated
- Assets
- $3.5m
- Revenue
- $1.5m
- Investments
- $548.2k
- Employees
- 8
- Location
- Kansas City, KS
- Founding
- 06/1945
- Data as of
- 12/2023
- EIN
- 74-1209958
Organization Overview
Piano Technicians Guild Incorporated is located in Kansas City, KS. The organization was established in 1945. 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, Piano Technicians Guild Incorporated employed 8 individuals. This organization is the central organization for a national or regional group of organizations. Piano Technicians Guild Incorporated 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 12/2023, Piano Technicians Guild Incorporated generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
TRADE ASSOCIATION OF PIANO TECHNICIANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOURNAL EXPENSE - PUBLICATION OF A MONTHLY MAGAZINE TO PROVIDE CURRENT TECHNICAL INFORMATION AND INFORMATION ABOUT GUILD ACTIVITIES TO MEMBERS
PROVIDE EDUCATIONAL AND CONSUMER LITERATURE FOR THE CONVENIENCE OF THE MEMBERS; PUT ON EDUCATIONAL SEMINARS; PROVIDE CERTIFICATION TO MEMBERS
CONVENTION EXPENSE - ANNUAL CONVENTION WHICH COMBINES THE ANNUAL BUSINESS MEETING WITH A TRADE SHOW AND NUMEROUS CONTINUING EDUCATION SEMINARS.
COMMITTEE EXPENSE - TRAVEL, LODGING AND SUPPORT FOR THE VARIOUS COMMITTEES WHICH RUN THE ASSOCIATION AND PROVIDE INFORMATION TO ITS MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Cantrell President | OfficerTrustee | 2 | $0 |
Gina Bonfietti Regional Vice President | OfficerTrustee | 2 | $0 |
David Stoneman Vice President | OfficerTrustee | 2 | $0 |
Ashley Turner Regional Vice President | OfficerTrustee | 2 | $0 |
Ricki Klos Secretary-Treasurer | OfficerTrustee | 2 | $0 |
Douglas Snook Regional Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,265 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,265 |
| Total Program Service Revenue | $1,418,718 |
| Investment income | $28,785 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,408 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,256 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,468,479 |
| 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. | $174,539 |
| Compensation of current officers, directors, key employees. | $172,794 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $258,168 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,582 |
| Payroll taxes | $31,142 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,365 |
| Fees for services: Accounting | $14,218 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,456 |
| Advertising and promotion | $5,743 |
| Office expenses | $13,061 |
| Information technology | $45,281 |
| Royalties | $0 |
| Occupancy | $71,110 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $245,844 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,856 |
| Insurance | $37,519 |
| All other expenses | $109,648 |
| Total functional expenses | $1,415,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $986,299 |
| Savings and temporary cash investments | $991,523 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,891 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $52,106 |
| Prepaid expenses and deferred charges | $77,149 |
| Net Land, buildings, and equipment | $734,098 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $548,206 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $65,638 |
| Total assets | $3,501,910 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $600,130 |
| 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 | $86,020 |
| Total liabilities | $686,150 |
| Net assets without donor restrictions | $2,815,760 |
| 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 | $3,501,910 |