Musicians, Local 47
Basic Information
Local 47
Financial Information
The Labor-Management Reporting and Disclosure Act (LMRDA), which is enforced by the Office of Labor-Management Standards, requires labor unions to file annual reports detailing their operations. Contained in those reports are breakdowns of each union's spending, income and other financial information.
Basic Financials
| Total Assets | $24,230,766 |
| Total Liabilities | $204,144 |
| Total Income | $6,618,126 |
| Total Spent | $6,520,821 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,996,181 (+5.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $3,847,772 (-82.6%) |
| Fixed Assets | $18,309,044 (-82.6%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $77,769 (+18.1%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $204,144 |
| Mortgages | $0 |
Income
| Dues | $3,701,399 |
| Per Person Tax | $563,468 |
| Investments | $1,861,904 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $151,693 |
| Dividends | $0 |
| Rents | $131,122 |
| Fees and Fines | $52,341 |
| Loans Obtained | $0 |
| Other Receipts | $156,199 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $86,762 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Spending
The Office of Labor-Management Standards (OLMS) requires unions to report how they spent their money in a number of categories. For the first five, OLMS requires unions to provide detailed information on any recipient that received more than $5,000 per year.
Total Spent in 2019
$6,520,821
Spending Overview
Spending Breakdown
| Representational | $258,311 (3.96%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $4,633 (0.07%) |
| General Overhead | $2,010,148 (30.83%) |
| Union Administration | $159,992 (2.45%) |
| Strike Benefits | $7,875 (0.12%) |
| To Union Officers | $305,094 (4.68%) |
| To Union Employees | $904,383 (13.87%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
6,119
Income per Member
$1,082
Dues (per YEAR)
$210
Membership Trend
| Year | Members |
|---|---|
| 2002 | 9,421 |
| 2003 | 9,261 |
| 2004 | 8,942 |
| 2005 | 8,755 |
| 2006 | 8,590 |
| 2007 | 8,545 |
| 2008 | 8,474 |
| 2009 | 8,163 |
| 2010 | 7,784 |
| 2011 | 7,576 |
| 2012 | 7,388 |
| 2013 | 7,200 |
| 2014 | 7,164 |
| 2015 | 6,495 |
| 2016 | 6,522 |
| 2017 | 6,353 |
| 2018 | 6,206 |
| 2019 | 6,119 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$41,125
Total Employees
38
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOHN ACOSTA | PRESIDENT | $122,866 |
| GARY LASLEY | SECRETARY | $99,588 |
| BAPTIST RICK | VICE PRESIDENT | $99,588 |
| EPRUI KHARARJIAN | ACCOUNTING | $77,756 |
| DIANE LAUERMAN | ADMINISTRATIVE ASSISTANT | $69,164 |
| STEPHANIE CASTILLO | EMD ADMIN | $67,010 |
| TAGUHI MIRZOIAN | ADMINISTRATIVE ASSISTANT | $64,898 |
| LINDA RAPKA | COMMUNICATIONS | $63,263 |
| MICHAEL ANKNEY | BUSINESS AGENT | $62,881 |
| ANGELITO LAGOS | DATA ENTRY | $58,154 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Sports / Entertainment | 56 |
| Arts, Entertainment and Recreation | 24 |
| Service | 8 |
| Other | 6 |
| K-12 Education | 1 |
| State Government | 1 |
| Educational Services | 1 |
| Not Provided | 1 |
| Accommodation and Food Services | 1 |