Musicians, Local 655
Basic Information
Local 655
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 | $92,036 |
| Total Liabilities | $3,809 |
| Total Income | $58,924 |
| Total Spent | $61,891 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $59,515 (-4.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $27,836 (-8.2%) |
| Fixed Assets | $0 (-8.2%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $4,685 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $3,809 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $56,868 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $539 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $395 |
| Loans Obtained | $0 |
| Other Receipts | $1,122 |
| 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
$61,891
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $26,480 (42.78%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $1,744 (2.82%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
202
Income per Member
$292
Dues (per year)
$185
Membership Trend
| Year | Members |
|---|---|
| 2002 | 841 |
| 2003 | 755 |
| 2004 | 755 |
| 2005 | 653 |
| 2006 | 631 |
| 2007 | 553 |
| 2008 | 496 |
| 2009 | 388 |
| 2010 | 381 |
| 2011 | 365 |
| 2012 | 348 |
| 2013 | 328 |
| 2014 | 301 |
| 2015 | 293 |
| 2016 | 265 |
| 2017 | 263 |
| 2018 | 278 |
| 2019 | 257 |
| 2020 | 233 |
| 2021 | 217 |
| 2022 | 202 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,942
Total Employees
9
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JEFFREY APANA | SECRETARY/TREASURER | $16,900 |
| CHARLES RESKIN | PRESIDENT | $5,200 |
| MATT COREY | DIRECTOR | $660 |
| ELIZABETH ARON | DIRECTOR | $640 |
| KAREN FULLER | DIRECTOR | $640 |
| BOB FOLSE | DIRECTOR | $620 |
| IRIS VAN ECK | VICE PRESIDENT | $620 |
| CAREY KLEIMAN | DIRECTOR | $600 |
| RICHARD BRAVO | DIRECTOR | $600 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Sports / Entertainment | 1 |
| Arts, Entertainment and Recreation | 1 |