2022-02-02T10:25:18-08:00 2021-09-30 953985478 Allan Rosenthal & Assoc AC 4766 Park Granada Suite 101 Calabasas CA 91302 990 2020-10-01 362026009 NationalAssociationof Music Merchants NATI 7604388001 5790 Armada Drive Carlsbad CA 92008 Joseph M Lamond President & CEO 2022-02-02 true Joseph M Lamond 999009999 Allan Rosenthal P00172169 8185911550 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z 5790 Armada Drive Carlsbad CA 920084608 10387910 false X http://www.namm.org X 1901 CA NAMM's mission is to strengthen the music products industry and promote the pleasures and benefits of making music. 29 29 79 0 0 24566130 3474281 2620672 6913629 0 27186802 10387910 0 0 9216614 8772816 0 0 12211767 4442477 21428381 13215293 5758421 -2827383 51318289 52493146 6531190 10533431 44787099 41959715 NAMM's mission is to strengthen the music products industry and promote the pleasures and benefits of making music. false false THE ASSOCIATION FUNDS MARKET DEVELOPMENT PROGRAMS THAT BENEFIT THE MUSIC PRODUCTS INDUSTRY WITH THE OVERALL OBJECTIVE OF INCREASING THE NUMBER OF ACTIVE MUSIC MAKERS OF ALL AGES. THIS OBJECTIVE IS ACCOMPLISHED BY FUNDING MANY PROGRAMS IN MUSIC EDUCATION AND RESEARCH PROJECTS THAT EMPHASIZE THE MANY BENEFITS THAT MUSIC CAN PROVIDE. THE ASSOCIATION CONDUCTS TWO TRADE SHOWS AND CONVENTIONS THAT ARE HELD TO OFFER MUSIC DEALERS THE OPPORTUNITY TO VIEW NEW PRODUCTS AND TECHNIQUES FOR IMPROVING THEIR BUSINESSES. SEMINARS AND EDUCATIONAL SESSIONS ARE HELD IN CONNECTION WITH THESE CONVENTIONS. THE ASSOCIATION HAS A PROFESSIONAL DEVELOPMENT PROGRAM TO PROVIDE MUSIC DEALERS AND MANUFACTURER'S REPRESENTATIVES WITH THE NECESSARY TRAINING TO IMPROVE THEIR BUSINESS AND PROVIDE THEIR STAFF WITH ADDITIONAL SALES TRAINING TECHNIQUES, MANAGEMENT TRAINING AND OTHER EDUCATIONAL OPPORTUNITIES. THE ASSOCIATION ALSO PROVIDES ITS MEMBERS WITH VITAL INFORMATION REGARDING THE MUSIC PRODUCTS INDUSTRY INCLUDING NEWSLETTERS AND OTHER PUBLICATIONS. false false false true false false false false false true false false false true true true false false true true false false false false false false false false true false false false false false false false false false false true true true false false true 151 0 true 79 true false false false false false false false false X 29 29 true false false false true true true true true false false true true true true true true true true false X X Derek Murphy 7604388007 5790 Armada Drive Carlsbad CA 920084608 Joseph M Lamond President & CEO 40.00 0.00 X 917731 0 32053 Mary Luehrsen Dir of Pub Affairs 40.00 0.00 216737 0 27101 Daniel Moylan Dir Tr Show Sales 40.00 0.00 165268 0 22583 Dana Hofseth Dir of HR & Admin 40.00 0.00 163522 0 22355 Daniel Kessler Director of IT 40.00 0.00 165753 0 5572 Cindy Sample Dir Trade Shows Op 40.00 0.00 152406 0 3277 Tom Sumner Vice Chairman 5.00 0.00 X X 0 0 0 Chris White Treasurer 5.00 0.00 X X 0 0 0 Barbara Wright Secretary 10.00 0.00 X X 0 0 0 Joel Menchey Chairman 5.00 10.00 X X 0 0 0 Christie Carter Director 0.00 0.00 X 0 0 0 Jimmy Edwards Director 0.00 0.00 X 0 0 0 Mark Hebert Director 0.00 0.00 X 0 0 0 John Hopkins Director 0.00 0.00 X 0 0 0 David Kalt Director 0.00 0.00 X 0 0 0 Mark Terry Director 0.00 0.00 X 0 0 0 Helen Culleton Director 0.00 0.00 X 0 0 0 Robert Baker Director 0.00 0.00 X 0 0 0 Jeremy Payne Director 0.00 0.00 X 0 0 0 Bob Yerby Director 0.00 0.00 X 0 0 0 David Via Director 0.00 0.00 X 0 0 0 Saul Friedgood Director 0.00 0.00 X 0 0 0 Tim Miklaucic Director 0.00 0.00 X 0 0 0 Brian Ball Director 0.00 0.00 X 0 0 0 Abby Kaplan Director 0.00 0.00 X 0 0 0 Kimberly Deverell Director 0.00 0.00 X 0 0 0 Brian Douglas Director 0.00 0.00 X 0 0 0 Doug Lady Director 0.00 0.00 X 0 0 0 Gary Winder Director 0.00 0.00 X 0 0 0 Shawna Rood Director 0.00 0.00 X 0 0 0 Brian Ottens Director 0.00 0.00 X 0 0 0 Tristann Rieck Director 0.00 0.00 X 0 0 0 Tim Spicer Director 0.00 0.00 X 0 0 0 Chris Tso Director 0.00 0.00 X 0 0 0 1781417 112941 6 false true false Nelson Mullins Riley & Scarborough LLP PO Drawer 11009 Columbia SC 29211 Attorney Action Figures 321 N Clark St Chicago IL 60654 Trade Show Costs 450000 Greg Herreman Productions 9441 Crest Drive Spring Valley CA 91977 Concert Productions 105392 Lockton Insurance Brokers Dep LA 23878 Pasadena CA 91185 Insurance Brokers 265408 Venable LLP PO Box 627257 Baltimore MD 21264 Attorney 157022 4 0 Membership Dues & Assessments 1213556 1213556 Progam Service Revenue 2260725 2260725 3474281 6913629 6382035 531594 0 0 0 0 0 0 0 0 10387910 9856316 531594 0 0 0 0 949784 0 6149749 172697 989371 511215 0 181449 49618 0 0 0 597891 420989 4654 465889 0 376290 92216 0 26438 0 0 343391 254868 Trade Show Expense 737674 Food & Lodging 232513 Bank Charges 135847 Outside Services 112084 410666 13215293 0 0 0 0 4659451 8084032 0 0 0 0 0 0 1261959 542863 11092617 7359159 4017387 3733458 40518491 39491849 0 0 0 861001 640944 51318289 52493146 3751873 4169567 1421200 2779317 4942664 6531190 10533431 X 44787099 41959715 44787099 41959715 51318289 52493146 X -2827383 -1 X false true X true false false false false false 1025415 178752 178752 205083 1728011 1728011 3557300 2489665 1067635 1889591 1144381 745210 2534610 2375386 159224 1383105 1349727 33378 3733458 Trade Show Deposits 4942664 4942664 X 10387910 10387910 10387910 13215293 13215293 13215293 Part X : FIN48 Footnote The provisions of Accounting Standards Codification (ASC) 740-10 and related subsections prescribes rules for the recognition, classification and disclosure in financial statements of uncertain tax positions taken or expected to be taken in the Associations tax return. Management has determined that the Association does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. United Kingdom 1 1 Dev active music making 0 1 1 1 1 false false false false false false X true true X X X false true false Cindy Sample Dir Trade Shows Op 152406 2177 1100 155683 Dana Hofseth Dir of HR & Admin 163522 21255 1100 185877 Daniel Kessler Director of IT 155753 10000 4472 1100 171325 Daniel Moylan Dir Tr Show Sales 165268 21483 1100 187851 Joseph M Lamond President & CEO 764143 153588 28053 4000 949784 Mary Luehrsen Dir of Pub Affairs 216737 26001 1100 243838 Part I, Line 1a: Relevant information in regards to selections on 1a. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Consistent with NAMM's tax-exempt mission of strengthening the music products industry and promoting the pleasure and benefit of making music, the NAMM board of directors is comprised of individuals associated with the music products industry. As NAMM's officers and directors are associated with the music products industry, officers and Directors may do business transactions with each other in the normal course of business. These are normal transactions that may occur between a supplier and a customer. An example of this is a retailer buying musical instruments from a manufacturer of musical instruments. The retailer buys musical instruments from many manufacturers. A board member may be a retailer and another board member may be a manufacturer. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The organization has members that are engaged in business within the music products industry. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The Board of Directors and Officers of the organization are elected by the members. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Certain decisions made by the organization ( as described in the organization's bylaws) are subject to the approval of the members. Form 990, Part VI, Line 11b: Form 990 Review Process A copy of Form 990 is reviewed by the governing body prior to filling. A copy of the 990 is sent to the Executive Committee via NAMM's website prior to submission to the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization monitors any potential confilct of interest by circulating a disclosure questionaire annually to its Board of Directors, officers and key employees. If a conflict is found, it is resolved so that ultimately the conflict is removed. The conflict of interest policy states that it is the responsibility of each Person , upon knowledge of any violation of the guidelines in the Conflict of Interest Policy, to report all material facts on the subject to the Executive Committee of the Board of Directors. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Review of compensation of the President is performed by the compensation committee of the Board of Directors. The CEO's compensation is compared to other similar organizations and at times, the Executive Committee retains a compensation consultant to assist them in evaluating the CEO's compensation. The compensation committee approves CEO compensation before it is paid. In comparing NAMM to comparable organizations for the purpose of the CEO's compensation, the compensation committee looks at the size of the organization's annual revenue and its trade show activities. The recommendations of a compensation consultant are considered carefully when determining the CEO's level of compensation and the package of benefits. The Board takes the recommendations of the compensation committee in approving the amount of compensation of the CEO. The Board considers other factors in the CEO's compensation including tenure, the organization's success and particular industry knowledge and expertise in the music products industry. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The President approves all other employees compensation within a budget established by the Board of Directors. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available NAMM complies with the public inspection of Internal Revenue Code section 6104 by making its Form 1024, Application for Recognition of Exemption Under Section 501(a), determination letter from the IRS, and the Forms 990 for its three most recently completed tax periods available to the public. However, as section 6104 does not require organizations exempt under section 501(c)(6) to disclose their governing documents, conflict of interest policies, or financial statements. NAMM does not intend to make such information available for public inspection. Other Changes In Net Assets Or Fund Balances - Other Decreases Rounding = -$1 NAMM International LLC 5790 Armada Drive Carlsbad CA 92008 Promote music making in Europe, Asia and India. CA N/A NAMM Foundation 5790 Armada Drive Carlsbad CA 92008 330797657 Advancing active participation in music making CA 501(c)(3) 509(a)(3)Type I N/A true false false false false false false false false false false false false false false false false false false false