Musicians, Local 325
Basic Information
Local 325
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 | $992,694 |
| Total Liabilities | $0 |
| Total Income | $496,087 |
| Total Spent | $426,325 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $552,930 (+14.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $234,226 (+0.7%) |
| Fixed Assets | $204,638 (+0.7%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $900 (+260.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $385,848 |
| Per Person Tax | $28,350 |
| Investments | $0 |
| Supplies | $15 |
| Loan Repayment | $550 |
| Interest | $174 |
| Dividends | $2,728 |
| Rents | $40,940 |
| Fees and Fines | $37,482 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$426,325
Spending Overview
Spending Breakdown
| Representational | $30,375 (7.12%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $116,506 (27.33%) |
| Union Administration | $177,776 (41.70%) |
| Strike Benefits | $4,834 (1.13%) |
| To Union Officers | $82,417 (19.33%) |
| To Union Employees | $57,602 (13.51%) |
| 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
440
Income per Member
$1,127
Dues (per YEAR)
$168
Membership Trend
| Year | Members |
|---|---|
| 2002 | 770 |
| 2003 | 770 |
| 2004 | 700 |
| 2005 | 650 |
| 2006 | 631 |
| 2007 | 571 |
| 2008 | 575 |
| 2009 | 524 |
| 2010 | 523 |
| 2011 | 524 |
| 2012 | 540 |
| 2013 | 512 |
| 2014 | 504 |
| 2015 | 535 |
| 2016 | 525 |
| 2017 | 545 |
| 2018 | 524 |
| 2019 | 486 |
| 2020 | 423 |
| 2021 | 431 |
| 2022 | 440 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$46,673
Total Employees
3
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CLAUDIA DE SIMONE | OFFICE MANAGER | $57,602 |
| JAMES DAVIES | TREASURER | $50,862 |
| LORETTA KIRKELL | PRESIDENT | $31,555 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Sports / Entertainment | 3 |
| Arts, Entertainment and Recreation | 2 |