2022-11-14T15:03:57-06:00 2021-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2021-01-01 116015643 NATIONAL ART MATERIALS TRADE ASSOCIATION NATI 7048926244 PO BOX 3314 HUNTERSVILLE NC 28070 LEAH SIFFRINGER EXECUTIVE DIRECTOR 7048926244 2022-11-10 1 LEAH SIFFRINGER 999009999 AMANDA ADAMS P00748038 7043771678 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z LEAH SIFFRINGER PO BOX 3314 HUNTERSVILLE NC 28070 689586 0 X WWW.NAMTA.ORG X 1950 IL NAMTA ("THE ASSOCIATION") IS AN INTERNATIONAL ASSOCIATION WHOSE MEMBERS ARE ENGAGED IN THE ART & CREATIVE MATERIALS INDUSTRY. ITS PURPOSE IS TO PROVIDE NAMTA'S ART/CREATIVE MATERIALS INDUSTRY MEMBERS WITH THE PRODUCTS, SERVICES AND INFORMATION NEEDED TO GROW AND PROSPER. 9 9 5 0 0 0 5006 290094 265225 399075 -7826 417 0 0 262405 689586 5000 5500 0 0 390716 430441 0 0 0 127435 152424 523151 588365 -260746 101221 985097 1202149 551411 667242 433686 534907 X NAMTA'S MISSION IS TO MAKE THE INDUSTRY AND ASSOCIATION RECOGNIZED BY ITS MEMBERS, CONSUMERS, AND ART EDUCATORS AS A PRIMARY SOURCE OF INFORMATION ON ART/CREATIVE MATERIALS. NAMTA IS A LEADER AND UNIFYING FORCE IN THE SUPPORT, SUSTAINABILITY, AND ADVOCACY OF ART AND THE ART/CREATIVE MATERIALS BUSINESS. 0 1 THE ASSOCIATION HELD A VIRTUAL (DUE TO THE PANDEMIC) CONFERENCE AND TRADE SHOW IN CONJUNCTION WITH THE ASSOCIATION FOR CREATIVE INDUSTRIES FOR ITS MEMBERS TO DEVELOP IN THE INDUSTRY AND DEVELOP INNOVATIVE MARKETING PROGRAMS FOR THE INDUSTRY. THIS CONFERENCE WAS A TRADE ONLY BUSINESS TO BUSINESS SHOW. THE ASSOCIATION CONTINUED ITS ART ADVOCACY GRANT PROGRAM. THE PROGRAM AWARDS GRANTS TO APPLICANTS WHO SUPPORT THE ARTS IN ANY OF FOUR CATEGORIES: PUBLIC ART, ART EDUCATION, THE MILITARY, AND HEALTH AND HEALING. OUR MEMBERS WERE ABLE TO INFORM THEIR CUSTOMERS OF THE AVAILABILITY OF THIS PROGRAM THROUGH EMAILS, SOCIAL MEDIA CHANNELS AND OUR WEBSITE - NAMTA.ORG. IT WAS ALSO AVAILABLE TO THE PUBLIC THROUGH THE SAME MECHANISMS. NAMTA CONNECT COLLECTION LETS MEMBERS COMMUNICATE WITH EACH OTHER VIA THE THEATER (INCLUDES DEMO ALLEY), THE CAFE, THE GALLERY, AND THE STUDIO. THE THEATER CONSISTS OF LIVE INFORMATIONAL SESSONS AND DEMO ALLEY, HELD ON THE ZOOM PLATFORM. THE CAFE IS HOSTED ON THE ZOOM PLATFORM WITH CASUAL OPPORTUNITIES FOR MEMBERS TO CATCH-UP AND EXCHANGE IDEAS WITH EACH OTHER IN THE FORM OF ROUNDTABLES, MEETINGS, AND HAPPY HOURS. THE GALLERY IS A FORUM FOR MEMBERS-ONLY THAT RESIDES ON WWW.NAMTA.ORG. THE STUDIO IS A PLACE FOR NAMTA MEMBERS TO VIEW PAST NAMTA CONNECT SESSION RECORDINGS THROUGH THE LEARNING MANAGEMENT SYSTEM. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 5 1 0 0 0 0 1 1 0 0 0 X 9 9 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X SUSAN COHEN 7048926244 PO BOX 3314 HUNTERSVILLE NC 28070 PHIL KING IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 STEVE CHAMBERLAIN PRESIDENT 1.00 X X 0 0 0 DOUG MOONEY PRESIDENT-ELECT 1.00 X X 0 0 0 DARIN RINNE DIRECTOR 1.00 X 0 0 0 MIKE ROCHE DIRECTOR 1.00 X 0 0 0 ASHLEY LEE DIRECTOR 1.00 X 0 0 0 TOM JAMES DIRECTOR 1.00 X 0 0 0 JOSHUA BELT DIRECTOR 1.00 X 0 0 0 LAWRENCE HOFFMAN DIRECTOR 1.00 X 0 0 0 LEAH SIFFRINGER EXECUTIVE DIRECTOR 40.00 X 105000 0 8154 105000 0 8154 1 0 0 0 0 177777 112317 290094 MEMBERSHIP DUES 900099 222833 222833 INTERNATIONAL CONFEREN 900099 173367 173367 2875 2875 399075 417 417 689586 399075 0 417 5500 113154 251814 14382 23319 27772 13156 9950 20061 20571 18413 2772 594 18250 1527 4948 INTERNATIONAL CONVENTIO 38349 BANK CHARGES 3833 588365 170593 338494 757988 758398 19827 35975 33364 67484 21585 19787 3325 1798 985097 1202149 9116 21865 542295 645377 551411 667242 X 433686 534907 433686 534907 985097 1202149 101221 0 X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 21585 19787 1798 1798 X PART X, LINE 2: THE ASSOCIATION ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE ASSOCIATION BELIEVES THAT THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ASSOCIATION HAS EVALUATED ALL TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2021 AND 2020. FORM 990, PART III, LINE 3 ANNUAL CONFERENCE WAS HELD VIRTUALLY THIS YEAR DUE TO PANDEMIC-RELATED CONCERNS. FORM 990, PART VI, SECTION A, LINE 4 THE ASSOCIATION MADE TWO MAJOR CHANGES TO ITS BYLAWS. THERE WAS AN INCREASE IN THE NUMBER OF BOARD MEMBERS AND THERE WERE ADDITIONS TO THE MEMBERSHIP CATEGORIES DUE TO A MERGER WITH ASSOCIATION OF CREATIVE INDUSTRIES WITH NAMTA BEING THE SURVIVING ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS THAT HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A THERE IS A NOMINATING COMMITTEE TO SELECT A SLATE OF DIRECTORS/OFFICERS. THIS SLATE IS PRESENTED TO THE MEMBERSHIP AT THE ANNUAL CONFERENCE AND TRADE SHOW FOR APPROVAL. HOWEVER, IF THE ANNUAL CONFERENCE AND TRADE SHOW DOES NOT OCCUR, THE SLATE IS SENT TO MEMBERS ELECTRONICALLY. FORM 990, PART VI, SECTION A, LINE 7B ANY ACTION APPROVING THE MERGER, DISSOLUTION, SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL ASSETS, OR DECLARATION OF VOLUNTARY BANKRUPTCY BY THE ASSOCIATION SHALL REQUIRE AN AFFIRMATIVE VOTE OF SEVEN OF THE MEMBERS OF THE BOARD OF DIRECTORS THEN IN OFFICE, AND ANY APPROVAL OF THE MEMBERS ENTITLED TO VOTE AS REQUIRED BY LAW. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND AUDIT COMMITTEE. WHEN THEY COMPLETE THEIR REVIEW, IT IS PRESENTED TO THE BOARD OF DIRECTORS AND APPROVED. IN ADDITION, THE BOARD RECEIVES A COPY OF THE FORM 990 IN THEIR ANNUAL BOARD PACKETS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED AT EACH MEETING OF THE BOARD OF DIRECTORS. IN THE EVENT OF A CONFLICT, THE BOARD MEMBER WOULD RECUSE THEMSELVES FROM THE DISCUSSION AND THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY AT THE FALL BOARD MEETING, TO BE EFFECTIVE AT THE BEGINNING OF THE NEXT FISCAL YEAR. HIS/HER PERFORMANCE IS BASED UPON THEIR EVALUATION AND THE EVALUATION OF EACH OFFICER. HIS/HER COMPENSATION IS BASED UPON LIKE ASSOCIATIONS IN NORTH CAROLINA. THE PROCESS IS DOCUMENTED BY THE PRESIDENT OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S FINANCIAL STATEMENTS, FORM 990, GOVERNING DOCUMENTS, POLICIES, AND PROCEDURES ARE AVAILABLE UPON REQUEST. THE ASSOCIATION'S STRATEGIC PLAN, PRIVACY POLICY AND BOARD OF DIRECTORS INFORMATION IS AVAILABLE ON THE ASSOCIATION'S WEBSITE.