2021-11-12T12:55:55-06:00 2020-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2020-01-01 116015643 NATIONAL ART MATERIALS TRADE ASSOCIATION NATI 7048926244 PO BOX 3314 HUNTERSVILLE NC 28070 LEAH SIFFRINGER EXECUTIVE DIRECTOR 7048926244 2021-11-11 1 LEAH SIFFRINGER 999009999 AMANDA ADAMS P00748038 7043771678 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z LEAH SIFFRINGER PO BOX 3314 HUNTERSVILLE NC 28070 272867 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. 7 7 5 0 0 0 5370 5006 863139 265225 5872 -7826 4896 0 879277 262405 7500 5000 0 0 514473 390716 0 0 0 466355 127435 988328 523151 -109051 -260746 1165536 985097 471104 551411 694432 433686 X NAMTA'S MISSION IS TO MAKE THE INDUSTRY AND ASSOCIATON 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 0 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. 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 ROUNDTABLE 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 ("LMS"). 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 5 0 1 5 1 0 0 0 0 1 1 0 0 0 X 7 7 0 0 0 0 1 1 0 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 PRESIDENT 1.00 X X 0 0 0 STEVE CHAMBERLAIN PRESIDENT-ELECT 1.00 X X 0 0 0 THOMAS CICHERSKI DIRECTOR 1.00 X 0 0 0 MAUREEN LABRO-GUIDETTI DIRECTOR 1.00 X 0 0 0 DOUG MOONEY DIRECTOR 1.00 X 0 0 0 DARIN RINNE DIRECTOR 1.00 X 0 0 0 MIKE ROCHE DIRECTOR 1.00 X 0 0 0 LEAH SIFFRINGER EXECUTIVE DIRECTOR 40.00 X 100008 0 8146 100008 0 8146 1 0 0 0 0 5006 5006 MEMBERSHIP DUES 900099 262880 262880 2345 2345 265225 2636 2636 10462 -10462 -10462 -10462 262405 265225 0 -7826 5000 108154 218487 12064 27975 24036 1624 8250 21594 20687 20694 21490 275 194 4982 6379 INTERNATIONAL CONVENTIO 15861 BANK CHARGES 5125 MAINTENANCE 280 523151 325511 170593 751846 757988 17881 19827 54415 33364 21585 18260 15883 3325 1165536 985097 6740 9116 464364 542295 471104 551411 X 694432 433686 694432 433686 1165536 985097 -260746 0 X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 21585 18260 3325 3325 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, 2020 AND 2019. 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 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 ASSOCIATIONS' STRATEGIC PLAN, PRIVACY POLICY AND BOARD OF DIRECTORS INFORMATION IS AVALIABLE ON THE ASSOCIATION'S WEBSITE.