Musicians, Local 71 - Memphis Federation Of Musicians
Basic Information
Local 71
(MEMPHIS FEDERATION OF MUSICIANS)
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 | $2,861 |
| Total Liabilities | $954 |
| Total Income | $49,146 |
| Total Spent | $48,072 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $2,861 (+60.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (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 | $954 |
| Mortgages | $0 |
Income
| Dues | $44,979 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $4,167 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • 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 2021
$48,072
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 | $17,600 (36.61%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $1,000 (2.08%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
113
Income per Member
$435
Dues (per N/A)
$150
Membership Trend
| Year | Members |
|---|---|
| 2002 | 221 |
| 2003 | 221 |
| 2004 | 221 |
| 2005 | 221 |
| 2006 | 221 |
| 2007 | 174 |
| 2008 | 184 |
| 2009 | 184 |
| 2011 | 184 |
| 2012 | 184 |
| 2014 | 117 |
| 2015 | 120 |
| 2016 | 121 |
| 2017 | 117 |
| 2018 | 106 |
| 2019 | 109 |
| 2020 | 120 |
| 2021 | 113 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,514
Total Employees
7
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| NATHAN NIX | PRESIDENT | $8,800 |
| SAUNDRA D'AMATO | SECRETARY/TREASURER | $8,800 |
| ANTHONY THOMAS | BOARD MEMBER | $0 |
| GARY BUSS | VICE-PRESIDENT | $0 |
| JAMES SPAKE | BOARD MEMBER | $0 |
| MICHAEL SCOTT | BOARD MEMBER | $0 |
| MICHELLE PELLAY-WALKER | BOARD MEMBER | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Other | 2 |
| Arts, Entertainment and Recreation | 1 |
| Sports / Entertainment | 1 |