Civic Intelligence

Musical Instrument Technicians Association International

990 • Fiscal year 2014 • EIN 43-1332565

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 05, 2015

Organization ProfileMITATECHS.ORG
376 Old Woodbury RdSouthbury, CT 06488

(203) 264-1828

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.04x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

75th percentile

0.08x

Higher debt load relative to revenue than 75% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

17th percentile

-13%

Higher net margin than 17% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

37th percentile

-2.8%

Faster asset growth than 37% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

93rd percentile

58%

Faster revenue growth than 93% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$66,162

Down $1,940 (-2.8%) from 2013

Net Assets

Down

$63,498

Down $4,604 (-6.8%) from 2013

Liabilities

Up

$2,664

Up $2,664 from 2013

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin17th percentile

Revenue

Up

$34,502

Up $12,662 (+58%) from 2013

Expenses

Up

$39,106

Up $22,651 (+138%) from 2013

Net Income

Down

-$4,604

Down $9,989 (-185%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2011: $50,640Liabilities 2011: $02011Assets 2012: $62,717Liabilities 2012: $0Net Assets 2012: $62,7172012Assets 2013: $68,102Liabilities 2013: $0Net Assets 2013: $68,1022013Assets 2014: $66,162Liabilities 2014: $2,664Net Assets 2014: $63,4982014Assets 2015: $69,420Liabilities 2015: $16Net Assets 2015: $69,4042015Assets 2016: $64,852Liabilities 2016: $0Net Assets 2016: $64,8522016Assets 2017: $69,042Liabilities 2017: $0Net Assets 2017: $69,0422017Assets 2018: $57,800Liabilities 2018: $98Net Assets 2018: $57,7022018Assets 2021: $67,078Liabilities 2021: $0Net Assets 2021: $67,0782021Assets 2022: $67,757Liabilities 2022: $0Net Assets 2022: $67,7572022Assets 2024: $66,663Net Assets 2024: $66,6632024

Highlighted filing

2014

Assets$66,162
Liabilities$2,664
Net Assets$63,498
Open 2014 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$20K$0-$20KRevenue 2011: $26,808Expenses 2011: $12,174Net Income 2011: $14,6342011Expenses 2012: $29,2512012Revenue 2013: $21,840Expenses 2013: $16,455Net Income 2013: $5,3852013Revenue 2014: $34,502Expenses 2014: $39,106Net Income 2014: -$4,6042014Revenue 2015: $17,536Expenses 2015: $11,630Net Income 2015: $5,9062015Revenue 2016: $25,245Expenses 2016: $29,797Net Income 2016: -$4,5522016Revenue 2017: $15,336Expenses 2017: $11,146Net Income 2017: $4,1902017Revenue 2018: $26,058Expenses 2018: $37,398Net Income 2018: -$11,3402018Revenue 2021: $1,083Expenses 2021: $1,093Net Income 2021: -$102021Revenue 2022: $3,061Expenses 2022: $2,353Net Income 2022: $7082022Revenue 2024: $6Expenses 2024: $2,167Net Income 2024: -$2,1612024

Highlighted filing

2014

Revenue$34,502
Expenses$39,106
Net Income-$4,604
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 5, 2015
Return Version
2014v5.0
Gross Receipts
$34,502
Mission and Program Overview

Mission

To inform and educate members and the public in the field of musical instrument technology

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$68,102$63,498▼ $4,604
Cash and Non-Interest-Bearing Accounts$42,091$40,128▼ $1,963
Savings and Temporary Cash Investments$26,011$26,034▲ $23
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$68,102$66,162▼ $1,940
Other Assets Total-$0-
Liabilities
Other Liabilities-$2,664-
Total Liabilities$0$2,664▲ $2,664
Net Assets / Fund Balance
Total Net Assets Fund Balance$68,102$63,498▼ $4,604
Total Liabilities and Net Assets / Fund Balance$68,102$66,162▼ $1,940
Compensation and Service Providers
Top Officer Pay68th percentile

Board Members and Trustees

NameTitle
Kenneth GerlerPresident
Ken Knapp1st VP
Robert Spoon2nd Vice Pres
Terry Wall3rd Vice Pres
Harvey Casey4th VP
Mike VanovichSecretary
Fran HellmannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$34,480
Investment Income
$22
Other Revenue
$0
Change in Net Assets
$-4,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,106
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$17,877--$17,877
Travel$11,848--$11,848
Fees for Services Other$1,732--$1,732
All Other Expenses$98$1,026-$1,124
Other Expenses$1,140$956-$956
Fees for Services Accounting-$775-$775
Office Expenses-$494-$494
Insurance$90--$90
Total Functional Expenses$34,322$4,784$0$39,106
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Sound Advice$2,664
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“All members whose dues are current may vote”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“All members whose dues are current may vote”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“All members may attend annual meeting. Changes are made by majority vote of all members in attendance.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Officers review and notify by phone or email Treasurer of any questions or comments”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All documents are available from governing members upon request”

Filing and Contact Details

Filer

Filer Name
Musical Instrument Technicians
EIN
43-1332565
Phone
2032641828
Address
376 OLD WOODBURY RD, SOUTHBURY, CT 06488

Signing Officer

Name
Fran Hellman
Title
Treasurer
Signed
2015-08-05
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Mo
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Stockwell & Bates LLC
Address
30 Church Hill Road, Newtown, CT 06470
Preparer
Linda F Bates CPA
Phone
2032709312
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt068102
IRS990/TotalAssetsEOYAmt066162
IRS990/TotalAssetsGrp/BOYAmt068102
IRS990/TotalAssetsGrp/EOYAmt066162
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04784
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt034322
IRS990/TotalFunctionalExpensesGrp/TotalAmt039106
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt02664
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02664
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt068102
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt063498
IRS990/TotalProgramServiceExpensesAmt034323
IRS990/TotalProgramServiceRevenueAmt034480
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt034502
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt034502
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt068102
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt066162
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt011848
IRS990/TravelGrp/TotalAmt011848
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0MITATECHS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRAN HELLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSICAL INSTRUMENT TECHNICIANS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INTERNATIONAL
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0431332565
ReturnHeader/Filer/PhoneNum02032641828
ReturnHeader/Filer/USAddress/AddressLine1Txt0376 OLD WOODBURY RD
ReturnHeader/Filer/USAddress/CityNm0SOUTHBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006488
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stockwell & Bates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt030 Church Hill Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Newtown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006470
ReturnHeader/PreparerPersonGrp/PhoneNum02032709312
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Linda F Bates CPA
ReturnHeader/ReturnTs02015-08-05T13:49:21-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$66,162
Liabilities
$2,664
Net assets
$63,498
Revenue
$34,502
Expenses
$39,106
Net income
-$4,604
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$66.7$66.7$0.01$2.17$2.16
2022Detailed filing. Detailed filing data is available for this year.$67.8$0.00$67.8$3.06$2.35$0.71
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.1$0.00$67.1$1.08$1.09$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.8$0.10$57.7$26.1$37.4$11.3
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$69.0$0.00$69.0$15.3$11.1$4.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.9$0.00$64.9$25.2$29.8$4.55
2015Detailed filing. Detailed filing data is available for this year.$69.4$0.02$69.4$17.5$11.6$5.91
2014Detailed filing. Detailed filing data is available for this year.$66.2$2.66$63.5$34.5$39.1$4.60
2013Summary only. Only limited summary data is available for this year.$68.1$0.00$68.1$21.8$16.5$5.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.7$0.00$62.7$29.3
2011Summary only. Only limited summary data is available for this year.$50.6$0.00$26.8$12.2$14.6