Musicians, Local 5
Basic Information
Local 5
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 | $690,693 |
| Total Liabilities | $88,467 |
| Total Income | $489,195 |
| Total Spent | $536,080 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $586,665 (-7.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $98,643 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $5,385 (+3.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $88,467 |
| Mortgages | $0 |
Income
| Dues | $390,183 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $130 |
| Dividends | $0 |
| Rents | $59,512 |
| Fees and Fines | $1,240 |
| Loans Obtained | $0 |
| Other Receipts | $38,130 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $8,130 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
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 2022
$536,080
Spending Overview
Spending Breakdown
| Representational | $75,819 (14.14%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $12,355 (2.30%) |
| General Overhead | $94,765 (17.68%) |
| Union Administration | $137,374 (25.63%) |
| Strike Benefits | $6,525 (1.22%) |
| To Union Officers | $116,602 (21.75%) |
| To Union Employees | $36,906 (6.88%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
770
Income per Member
$635
Dues (per YEAR)
VAR
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,388 |
| 2003 | 1,439 |
| 2004 | 1,374 |
| 2005 | 1,370 |
| 2006 | 1,303 |
| 2007 | 1,234 |
| 2008 | 1,147 |
| 2009 | 1,099 |
| 2010 | 1,047 |
| 2011 | 996 |
| 2012 | 958 |
| 2013 | 921 |
| 2014 | 908 |
| 2015 | 897 |
| 2016 | 890 |
| 2017 | 826 |
| 2018 | 827 |
| 2019 | 817 |
| 2020 | 822 |
| 2021 | 764 |
| 2022 | 770 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$8,327
Total Employees
23
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| GEORGE TROIA | PRESIDENT | $72,828 |
| CARL CAFAGNA | SECRETARY/TREASURER | $58,485 |
| MARY JOHNSTONE | CLERK | $17,438 |
| IDELE BELTZMAN | CLERK | $16,115 |
| MARY JOHNSTONE | SECRETARY/TREASURER | $9,475 |
| MICHAEL MCGOWAN | CLERK | $2,426 |
| DOUGLAS CORNELSEN | DIRECTOR | $1,452 |
| ALAN AYOUB | DIRECTOR | $1,452 |
| MICHAEL MCGOWAN | VICE-PRESIDENT | $1,452 |
| RALPHE ARMSTRONG | DIRECTOR | $1,452 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Arts, Entertainment and Recreation | 8 |
| Sports / Entertainment | 8 |
| Service | 2 |