Musicians, Local 103
Basic Information
Local 103
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 | $165,885 |
| Total Liabilities | $3,993 |
| Total Income | $151,132 |
| Total Spent | $149,242 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $29,946 (+6.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $130,628 (+3.1%) |
| Fixed Assets | $5,000 (+3.1%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $311 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $3,993 |
| Mortgages | $0 |
Income
| Dues | $121,706 |
| Per Person Tax | $0 |
| Investments | $15,000 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $11,135 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $3,291 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| 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
$149,242
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 | $44,772 (30.00%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $6,595 (4.42%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
318
Income per Member
$475
Dues (per Qtr)
$45
Membership Trend
| Year | Members |
|---|---|
| 2002 | 500 |
| 2003 | 500 |
| 2004 | 500 |
| 2005 | 480 |
| 2006 | 427 |
| 2007 | 469 |
| 2008 | 433 |
| 2009 | 413 |
| 2010 | 409 |
| 2011 | 375 |
| 2012 | 369 |
| 2013 | 371 |
| 2014 | 353 |
| 2015 | 340 |
| 2016 | 343 |
| 2017 | 324 |
| 2018 | 339 |
| 2019 | 344 |
| 2020 | 318 |
| 2021 | 318 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$8,238
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DOUGLAS FISHER | PRESIDENT/CHIEF ADMIN | $61,421 |
| VAUGHN WIESTER | SECRETARY | $2,300 |
| MICHAEL BUCCICONE | VICE PRESIDENT | $1,210 |
| MICHAEL COX | BOARD MEMBER | $300 |
| ROBERT CARPENTER | BOARD MEMBER | $300 |
| SIDNEY TOWNSEND | BOARD MEMBER | $225 |
| PHILIP SHIPLEY | BOARD MEMBER | $75 |
| STEVEN WEDELL | BOARD MEMBER | $75 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023