Civic Intelligence

Musical Instrument Technicians Association International

990 • Fiscal year 2016 • EIN 43-1332565

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

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

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

14th percentile

-18%

Higher net margin than 14% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

31st percentile

-6.6%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

44%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$64,852

Down $4,568 (-6.6%) from 2015

Net Assets

Down

$64,852

Down $4,552 (-6.6%) from 2015

Liabilities

Down

$0

Down $16 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin14th percentile

Revenue

Up

$25,245

Up $7,709 (+44%) from 2015

Expenses

Up

$29,797

Up $18,167 (+156%) from 2015

Net Income

Down

-$4,552

Down $10,458 (-177%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth31st 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

2016

Assets$64,852
Liabilities$0
Net Assets$64,852
Open 2016 Filing

Operations Trend

Revenue Growth91st 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

2016

Revenue$25,245
Expenses$29,797
Net Income-$4,552
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$25,245
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$69,404$64,852▼ $4,552
Cash and Non-Interest-Bearing Accounts$43,365$38,776▼ $4,589
Savings and Temporary Cash Investments$26,055$26,076▲ $21
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$69,420$64,852▼ $4,568
Other Assets Total-$0-
Liabilities
Other Liabilities$16--
Total Liabilities$16$0▼ $16
Net Assets / Fund Balance
Total Net Assets Fund Balance$69,404$64,852▼ $4,552
Total Liabilities and Net Assets / Fund Balance$69,420$64,852▼ $4,568
Compensation and Service Providers
Top Officer Pay69th percentile

Board Members and Trustees

NameTitle
Kenneth GerlerPresident
Ken Knapp1st VP
Lonnie Smith2nd Vice Pres
Leo Corvino3rd Vice Pres
Harvey Casey4th VP
Mike VanovichSecretary
Fran HellmannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$25,224
Investment Income
$21
Other Revenue
$0
Change in Net Assets
$-4,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,797
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$24,223--$24,223
Fees for Services Accounting-$1,125-$1,125
All Other Expenses-$538-$538
Other Expenses$1,504$533-$533
Total Functional Expenses$25,727$4,070$0$29,797
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-
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
2017-05-15
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Linda F Bates CPA LLC
Address
54 South Main Street, Newtown, CT 06470
Preparer
Linda F Bates CPA
Phone
2034424045
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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/ExplanationTxt1All members whose dues are current may vote
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
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IRS990/TotalFunctionalExpensesGrp/TotalAmt029797
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt016
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt069404
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt064852
IRS990/TotalProgramServiceExpensesAmt029797
IRS990/TotalProgramServiceRevenueAmt025224
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025245
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt025245
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt069420
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt064852
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0MITATECHS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRAN HELLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
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/BusinessNameLine1Txt0Linda F Bates CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt054 South Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Newtown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006470
ReturnHeader/PreparerPersonGrp/PhoneNum02034424045
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Linda F Bates CPA
ReturnHeader/ReturnTs02017-05-15T09:45:22-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$64,852
Liabilities
$0
Net assets
$64,852
Revenue
$25,245
Expenses
$29,797
Net income
-$4,552
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
2016Detailed filing. Detailed filing data is available for this year.$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