Musicians, Local 72
Basic Information
Local 72
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 | $616,827 |
| Total Liabilities | $50,569 |
| Total Income | $543,826 |
| Total Spent | $542,190 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $522,595 (+0.3%) |
| Accounts Receivable | $9,083 (+14.2%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $85,149 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $125,641 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $125 |
| Dividends | $353 |
| Rents | $35,891 |
| Fees and Fines | $3,510 |
| Loans Obtained | $0 |
| Other Receipts | $57,613 |
| Affiliates | $65,991 |
| Members | $254,702 |
| Reinvestments | $0 |
| All Others | $57,613 |
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
$542,190
Spending Overview
Spending Breakdown
| Representational | $131,684 (24.29%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $284,629 (52.50%) |
| Union Administration | $4,054 (0.75%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $83,888 (15.47%) |
| To Union Employees | $39,147 (7.22%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
1,207
Income per Member
$451
Dues (per Year)
$135
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,800 |
| 2003 | 1,800 |
| 2004 | 1,850 |
| 2005 | 1,800 |
| 2006 | 1,728 |
| 2007 | 1,800 |
| 2008 | 1,800 |
| 2009 | 1,650 |
| 2010 | 1,650 |
| 2011 | 1,700 |
| 2012 | 1,462 |
| 2013 | 1,500 |
| 2014 | 1,500 |
| 2015 | 1,500 |
| 2016 | 1,300 |
| 2017 | 1,300 |
| 2018 | 1,300 |
| 2019 | 1,300 |
| 2020 | 1,044 |
| 2021 | 1,207 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$41,012
Total Employees
3
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| STEWART WILLIAMS | PRESIDENT | $41,944 |
| AARON PINO | TREASURER | $41,944 |
| DANA SUDBOROUGH | ADMINISTRATOR | $39,147 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Arts, Entertainment and Recreation | 10 |
| Sports / Entertainment | 2 |