Civic Intelligence

International Trombone Association

EIN 23-7306397 • 501(c)3 • Norman, OK

Profile

The international trombone association shall promote, nurture and celebrate the trombone and trombone related activities.

PO Box 850Norman, OK 73070

www.trombone.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.02x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.03x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

73rd percentile

17%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Up

$815,548

Up $140,428 (+21%) from 2023

Liabilities

Up

$13,175

Up $147 (+1.1%) from 2023

Net Assets

Up

$802,373

Up $140,281 (+21%) from 2023

Revenue

Up

$518,728

Up $91,108 (+21%) from 2023

Expenses

Up

$421,925

Up $31,848 (+8.2%) from 2023

Net Income

Up

$96,803

Up $59,260 (+158%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2012: $302,974Liabilities 2012: $14,116Net Assets 2012: $288,8582012Assets 2013: $320,606Liabilities 2013: $6,028Net Assets 2013: $314,5782013Assets 2014: $347,929Liabilities 2014: $2,183Net Assets 2014: $345,7462014Assets 2015: $381,398Liabilities 2015: $9,630Net Assets 2015: $371,7682015Assets 2016: $409,124Liabilities 2016: $4,550Net Assets 2016: $404,5742016Assets 2017: $458,487Liabilities 2017: $1,268Net Assets 2017: $457,2192017Assets 2018: $475,742Liabilities 2018: $33,150Net Assets 2018: $442,5922018Assets 2019: $574,264Liabilities 2019: $208Net Assets 2019: $574,0562019Assets 2020: $625,534Liabilities 2020: $11,668Net Assets 2020: $613,8662020Assets 2021: $680,156Liabilities 2021: $13,466Net Assets 2021: $666,6902021Assets 2022: $599,872Liabilities 2022: $21,745Net Assets 2022: $578,1272022Assets 2023: $675,120Liabilities 2023: $13,028Net Assets 2023: $662,0922023Assets 2024: $815,548Liabilities 2024: $13,175Net Assets 2024: $802,3732024

Highlighted filing

2024

Assets$815,548
Liabilities$13,175
Net Assets$802,373

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2012: $187,9572012Revenue 2013: $202,016Expenses 2013: $183,963Net Income 2013: $18,0532013Revenue 2014: $201,115Expenses 2014: $178,963Net Income 2014: $22,1522014Revenue 2015: $209,662Expenses 2015: $177,480Net Income 2015: $32,1822015Revenue 2016: $183,939Expenses 2016: $166,454Net Income 2016: $17,4852016Revenue 2017: $184,307Expenses 2017: $160,225Net Income 2017: $24,0822017Revenue 2018: $374,464Expenses 2018: $358,976Net Income 2018: $15,4882018Revenue 2019: $506,874Expenses 2019: $428,003Net Income 2019: $78,8712019Revenue 2020: $175,746Expenses 2020: $163,496Net Income 2020: $12,2502020Revenue 2021: $354,283Expenses 2021: $348,030Net Income 2021: $6,2532021Revenue 2022: $405,328Expenses 2022: $416,531Net Income 2022: -$11,2032022Revenue 2023: $427,620Expenses 2023: $390,077Net Income 2023: $37,5432023Revenue 2024: $518,728Expenses 2024: $421,925Net Income 2024: $96,8032024

Highlighted filing

2024

Revenue$518,728
Expenses$421,925
Net Income$96,803

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Gross Receipts
$518,728
Mission and Program Overview

Mission

The international trombone association shall promote, nurture and celebrate the trombone and trombone related activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$419,613$488,086▲ $68,473
Cash and Non-Interest-Bearing Accounts$195,677$258,901▲ $63,224
Savings and Temporary Cash Investments$54,721$62,810▲ $8,089
Accounts Receivable$5,109$5,751▲ $642
Total Assets$675,120$815,548▲ $140,428
Liabilities
Deferred Revenue$13,028$11,683▼ $1,345
Accounts Payable and Accrued Expenses-$1,492-
Total Liabilities$13,028$13,175▲ $147
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$662,092$802,373▲ $140,281
Total Net Assets Fund Balance$662,092$802,373▲ $140,281
Total Liabilities and Net Assets / Fund Balance$675,120$815,548▲ $140,428

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$474,334$5,863▲ $70,699-$550,896
2023$410,834-▲ $65,250$1,750$474,334
2022$473,242$500▼ $62,308$600$410,834
2021$408,074-▲ $67,568$2,400$473,242
2020$350,342$8,534▲ $49,198-$408,074
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Magnus NilssonExecutive DiPT$26,400$26,400

Board Members and Trustees

NameTitle
Bradley PalmerChair
Keith JacksonVice Chair
Ben McllwainBoard Member
Natalie MannixBoard Member
Chris ShookTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$891
Program Service Revenue
$489,032
Investment Income
$27,458
Other Revenue
$1,347
All Other Contributions
$891
Change in Net Assets
$96,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$395,525
Salaries, Compensation, and Employee Benefits$26,400
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$28,871$20,922-$49,793
Other Expenses$47,936--$47,936
Current Officers, Directors, Trustees, and Key Employees-$26,400-$26,400
Fees for Services Accounting-$11,782-$11,782
Fees for Services Other$3,300$7,800-$11,100
Office Expenses$5,337$5,236-$10,573
Insurance-$2,244-$2,244
Information Technology-$2,009-$2,009
Travel$1,884$21-$1,905
Royalties$447--$447
Advertising$46--$46
Total Functional Expenses$345,511$76,414$0$421,925
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

YES

Form 990, Page 6, Part VI, Line 11B

A draft of the form 990 is provided to the board for approval via email before filing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is addressed at every executive board meeting. New board and committee members are required to sign the ita conflict of interest statement.

Form 990, Page 6, Part VI, Line 15A

The executive director's annual compensation is set by the ita executive board.

Form 990, Page 6, Part VI, Line 15B

Key employee compensations are set by the executive director with approval of the executive board.

Form 990, Page 6, Part VI, Line 19

All annual general meeting minutes, policies and financial statements are available for download to the general public on the ita website.

Filing and Contact Details

Filer

Filer Name
International Trombone Association
EIN
23-7306397
Phone
8882366241
Address
PO BOX 850, NORMAN, OK 73070

Signing Officer

Name
Chris Shook
Title
Treasurer
Phone
8882366241
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Magnus Nilsson
Formed
1973
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
50

Preparer

Firm
Seber Tans Plc
Address
555 W CROSSTOWN PARKWAY STE 304, KALAMAZOO, MI 49008
Preparer
Thomas J Horwath
Phone
2693438180
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Other exempt purpose accomplishments include maintaining the ita website www.trombone.net, awards , festivals, archives, ita press, commissions, and cd production.

Form 990, Part IX, Line 24E

Exhibit costs 9,037 0 0 contract labor 8,934 0 0 registration 5,998 0 0 hosting 0 5,288 0 bank and credit card fees 0 4,393 0 membership fee 0 4,320 0 advertising and promotion 0 2,277 0 legal and accounting 0 1,805 0 event administration 1,647 0 0 membership development 0 1,609 0 competition prizes 1,604 0 0 event administration 1,153 0 0 bookkeeping 0 645 0 miscellaneous 0 501 0 meals and entertainment 456 0 0 telephone 0 64 0 miscellaneous 42 20 0 total 28,871 20,922 0

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt019004
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt015746
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022302
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010963
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt095509
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0468781
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0383050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0359182
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0298675
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0119186
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01628874
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt027494
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt019004
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt015746
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022302
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010963
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt095509
IRS990ScheduleA/InvestmentIncomeCYPct00.05000
IRS990ScheduleA/InvestmentIncomePYPct00.05000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94550
IRS990ScheduleA/PublicSupportPY509Pct00.95490
IRS990ScheduleA/PublicSupportTotal509Amt01657996
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0470672
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0386416
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0361798
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0303762
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0135348
IRS990ScheduleA/Total509Grp/TotalAmt01657996
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0498166
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0405420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0377544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0326064
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0146311
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01753505
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0474334
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05863
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0550896
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt070699
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0410834
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0474334
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt065250
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt01750
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0473242
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0410834
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-62308
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0600
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0408074
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0473242
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt067568
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02400
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0350342
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt08534
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0408074
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt049198
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER EXEMPT PURPOSE ACCOMPLISHMENTS INCLUDE MAINTAINING THE ITA WEBSITE WWW.TROMBONE.NET, AWARDS , FESTIVALS, ARCHIVES, ITA PRESS, COMMISSIONS, AND CD PRODUCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE FORM 990 IS PROVIDED TO THE BOARD FOR APPROVAL VIA EMAIL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS ADDRESSED AT EVERY EXECUTIVE BOARD MEETING. NEW BOARD AND COMMITTEE MEMBERS ARE REQUIRED TO SIGN THE ITA CONFLICT OF INTEREST STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR'S ANNUAL COMPENSATION IS SET BY THE ITA EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5KEY EMPLOYEE COMPENSATIONS ARE SET BY THE EXECUTIVE DIRECTOR WITH APPROVAL OF THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL ANNUAL GENERAL MEETING MINUTES, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR DOWNLOAD TO THE GENERAL PUBLIC ON THE ITA WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EXHIBIT COSTS 9,037 0 0 CONTRACT LABOR 8,934 0 0 REGISTRATION 5,998 0 0 HOSTING 0 5,288 0 BANK AND CREDIT CARD FEES 0 4,393 0 MEMBERSHIP FEE 0 4,320 0 ADVERTISING AND PROMOTION 0 2,277 0 LEGAL AND ACCOUNTING 0 1,805 0 EVENT ADMINISTRATION 1,647 0 0 MEMBERSHIP DEVELOPMENT 0 1,609 0 COMPETITION PRIZES 1,604 0 0 EVENT ADMINISTRATION 1,153 0 0 BOOKKEEPING 0 645 0 MISCELLANEOUS 0 501 0 MEALS AND ENTERTAINMENT 456 0 0 TELEPHONE 0 64 0 MISCELLANEOUS 42 20 0 TOTAL 28,871 20,922 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0675120
IRS990/TotalAssetsEOYAmt0815548
IRS990/TotalAssetsGrp/BOYAmt0675120
IRS990/TotalAssetsGrp/EOYAmt0815548
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0891
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076414
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0345511
IRS990/TotalFunctionalExpensesGrp/TotalAmt0421925
IRS990/TotalGrossUBIAmt0364729
IRS990/TotalLiabilitiesBOYAmt013028
IRS990/TotalLiabilitiesEOYAmt013175
IRS990/TotalLiabilitiesGrp/BOYAmt013028
IRS990/TotalLiabilitiesGrp/EOYAmt013175
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0662092
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0802373
IRS990/TotalOtherProgSrvcExpenseAmt0926
IRS990/TotalProgramServiceExpensesAmt0345511
IRS990/TotalProgramServiceRevenueAmt0489032
IRS990/TotalReportableCompFromOrgAmt026400
IRS990/TotalRevenueGrp/ExclusionAmt027494
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0125614
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0518728
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0364729
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0675120
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0815548
IRS990/TravelGrp/ManagementAndGeneralAmt021
IRS990/TravelGrp/ProgramServicesAmt01884
IRS990/TravelGrp/TotalAmt01905
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 850
IRS990/USAddress/CityNm0NORMAN
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073070
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.TROMBONE.NET
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

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