Musicians, Local 56
Basic Information
Local 56
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 | $82,427 |
| Total Liabilities | $10,041 |
| Total Income | $106,124 |
| Total Spent | $90,798 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $24,246 (+171.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $49,933 (-14.5%) |
| Fixed Assets | $3,240 (-14.5%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $5,008 (-18.4%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $104,031 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $504 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $280 |
| Loans Obtained | $0 |
| Other Receipts | $1,309 |
| 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
$90,798
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 | $24,082 (26.52%) |
| To Union Employees | $572 (0.63%) |
| Education | $0 (0.00%) |
| Fees | $480 (0.53%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
271
Income per Member
$392
Dues (per year)
$156.00
Membership Trend
| Year | Members |
|---|---|
| 2002 | 372 |
| 2003 | 407 |
| 2004 | 410 |
| 2005 | 419 |
| 2006 | 401 |
| 2007 | 376 |
| 2008 | 398 |
| 2009 | 386 |
| 2010 | 375 |
| 2011 | 387 |
| 2012 | 362 |
| 2013 | 347 |
| 2014 | 320 |
| 2015 | 308 |
| 2016 | 283 |
| 2017 | 284 |
| 2018 | 292 |
| 2019 | 271 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$3,010
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ANDREA GIBA | SECRETARY/TREASURER | $14,334 |
| BENNIE KEYS | PRESIDENT | $4,175 |
| KEVIN MURPHY | VICE-PRESIDENT | $3,285 |
| MELODY POLLARD | BOARD MEMBER | $648 |
| CHRISTOPHER MARTIN | BOARD MEMBER | $440 |
| LLOYD VINES | BOARD MEMBER | $440 |
| CHRISTINA FONG | BOARD MEMBER | $400 |
| CHARLES JOHNSON | BOARD MEMBER | $360 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Arts, Entertainment and Recreation | 2 |
| Sports / Entertainment | 1 |
| Other | 1 |