Musicians, Local 581
Basic Information
Local 581
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 | $2,577 |
| Total Liabilities | $1,282 |
| Total Income | $24,127 |
| Total Spent | $23,785 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $342 (-87.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $2,235 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $1,282 |
| Mortgages | $0 |
Income
| Dues | $19,698 |
| Per Person Tax | $3,290 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $293 |
| Loans Obtained | $0 |
| Other Receipts | $846 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2011 • 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 2011
$23,785
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 | $9,605 (40.38%) |
| To Union Employees | $1,600 (6.73%) |
| Education | $0 (0.00%) |
| Fees | $450 (1.89%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2011 • Last Updated: June 12th, 2023
Membership
Total Members
105
Income per Member
$230
Membership Trend
| Year | Members |
|---|---|
| 2002 | 119 |
| 2003 | 113 |
| 2004 | 143 |
| 2005 | 140 |
| 2006 | 168 |
| 2007 | 157 |
| 2008 | 159 |
| 2009 | 131 |
| 2010 | 115 |
| 2011 | 105 |
Source: Office of Labor Management Standards
Year Covered: 2011 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,401
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RONALD SEXTON | SECRETARY/TREASURER | $10,605 |
| MICHAEL SMITH | PRESIDENT | $400 |
| BARBARA FOX | VICE PRESIDENT | $200 |
| FREDRIC BEERSTEIN | BOARD OF DIRECTORS | $0 |
| JORDAN SEXTON | BOARD OF DIRECTORS | $0 |
| MARIANA FRANCO-SOMMER | BOARD OF DIRECTORS | $0 |
| SCOTT MCDONALD | BOARD OF DIRECTORS | $0 |
| SHARON COOPER | BOARD OF DIRECTORS | $0 |
Source: Office of Labor Management Standards
Year Covered: 2011 • Last Updated: June 12th, 2023