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 | $97,929 |
| Total Liabilities | $6,432 |
| Total Income | $73,773 |
| Total Spent | $72,411 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $54,304 (+2.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $43,048 (+23.4%) |
| Fixed Assets | $0 (+23.4%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $577 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $6,432 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $69,569 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $1,182 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $950 |
| Loans Obtained | $0 |
| Other Receipts | $2,072 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$72,411
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 | $27,400 (37.84%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $3,515 (4.85%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
257
Income per Member
$287
Dues (per year)
$176
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 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$3,044
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 |
| KAREN FULLER | DIRECTOR | $800 |
| IRIS VAN ECK | DIRECTOR | $780 |
| MATT COREY | DIRECTOR | $780 |
| BOB FOLSE | DIRECTOR | $760 |
| ELIZABETH ARON | DIRECTOR | $760 |
| RICHARD BRAVO | DIRECTOR | $740 |
| CAREY KLEIMAN | DIRECTOR | $680 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Sports / Entertainment | 1 |
| Arts, Entertainment and Recreation | 1 |