Piano Technicians Guild Incorporated FY2020 filing

Not tax-deductible

Kansas City, KS501(c)(6)EIN 74-1209958Revenue $1.1M in FY2020

On file with the IRSptg.org4444 Forest Ave, 66106-3750 · Kansas City, KSTax-exempt since Jun 1945

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Trade association of Piano Technicians

33¢ of each $1 spent went to programs.
$86K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $83K a year · 6% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
33%
of spending
Concern: 33% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$86K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
22 mo
of spending, in cash
Looks good: 21.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$549K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
Spent
$937K
To programs
33%
Net assets
$2.6M
By yearFY2020–FY2024
Revenue
$1.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.3M
FY2023$1.5M
FY2024$1.5M
Expenses
$937K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$937K
FY2021$1.1M
FY2022$1.3M
FY2023$1.4M
FY2024$1.5M
Net assets
$2.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.8M
FY2022$2.7M
FY2023$2.8M
FY2024$2.9M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1945.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

33 cents of each dollar spent went to programs.

Program services 33% · $307K Management & general 67% · $629K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $86K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$86,063Pt VII · Sec A
Regional Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Regional Vice President
$0Pt VII · Sec A
Regional Vice President
$0Pt VII · Sec A
Regional Vice President
$0Pt VII · Sec A
Regional Vice President
$0Pt VII · Sec A
Regional Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Barbara J Cassaday$134,481$147,093$112,087$91,695$86,063

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports piano technicians through education, resources, and community.

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Provided by the organization

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3 programs · $280K · in their own filed words · FY2020
01

Journal Expense

Publication of a monthly magazine to provide current technical information and information about guild activities to members

$262Kprogram expense
02

Committee Expense

Travel, lodging and support for the various committees which run the association and provide information to its members

$12Kprogram expense
03

Convention Expense

Annual convention which combines the annual business meeting with a trade show and numerous continuing education seminars. The organization was forced to postpone the JULY/AUGUST, 2020 annual convention due to a worldwide pandemic COVID-19 virus health emergency situation that has caused significant travel restrictions.

$5Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$4K
Investment incomeLn 3$2K
Money outPt IX
$937K
Ln 25
Programscol B$307K
Managementcol C$629K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$3.2M
LiabilitiesLn 26$549K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$2K
Other incomeLn 4–11$4K
Gains on assetsLn 7−$27K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$800K
SavingsLn 2$897K
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$542K
Land, buildings, equipmentLn 10c$746K
Other assetsLn 15$55K
Total assetsLn 16$3.2M
LiabilitiesLn 26$549K
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 58
VolunteersI 6150
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.6M$1.7M
InvestmentsLn 11–13$486K$542K
Land, buildings, equipmentLn 10c$754K$746K
Total assetsLn 16$3.0M$3.2M
LiabilitiesLn 26$541K$549K
Net assetsLn 32$2.4M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$108K$14K$94K
Other salaries and wagesLn 7$281K$69K$212K
Pension plan contributionsLn 8$6K$2K$4K
Other employee benefitsLn 9$65K$16K$50K
Payroll taxesLn 10$29K$6K$22K
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$8K$8K
Investment management feesLn 11f$7K$7K
Advertising and promotionLn 12$15K$15K
Office expensesLn 13$6K$6K
Information technologyLn 14$28K$28K
OccupancyLn 16$46K$46K
Conferences, conventions and meetingsLn 19$5K$5K
Depreciation, depletion and amortizationLn 22$41K$41K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$214K$173K$41K
All other expensesLn 24e$43K$22K$21K
Total functional expensesLn 25$937K$307K$629K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$1.5M$33K$2.9M 990 PDF
FY2023 $1.5M$1.4M$53K$2.8M 990 PDF
FY2022 $1.3M$1.3M$27K$2.7M 990 PDF
FY2021 $1.2M$1.1M$155K$2.8M 990 PDF
FY2020 Viewing $1.1M$937K$149K$2.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,085,687 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,303,137$1,079,409
I-10 Investment incomePrior year $51,721$2,185
I-11 Other revenuePrior year $1,120$4,093
I-12 Total revenuePrior year $1,355,978$1,085,687
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $536,282$489,525
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $864,356$447,106
I-18 Total expensesPrior year $1,400,638$936,631
I-19 Revenue less expensesPrior year −$44,660$149,056
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,085,687 across 5 lines filed
Lines not itemized here account for $1,929 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $925,877 · Unrelated business $106,041 · Excluded from tax $46,491$1,078,409
VIII-3 Investment incomeExcluded from tax $28,723$28,723
VIII-7 Net gain or loss on sales of assetsRelated to mission $2,305 · Excluded from tax −$28,843−$26,538
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $154 · Unrelated business $300 · Excluded from tax $2,710$3,164
VIII-12 Total revenueRelated to mission $928,336 · Unrelated business $107,270 · Excluded from tax $50,081$1,085,687
Part IX · Statement of functional expenses $936,631 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $14,082 · Management $94,242$108,324
IX-7 Other salaries and wagesPrograms $69,018 · Management $212,355$281,373
IX-8 Pension plan contributionsPrograms $1,534 · Management $4,383$5,917
IX-9 Other employee benefitsPrograms $15,550 · Management $49,620$65,170
IX-10 Payroll taxesPrograms $6,376 · Management $22,365$28,741
IX-11b Legal feesManagement $9,593$9,593
IX-11c Accounting feesManagement $8,125$8,125
IX-11f Investment management feesManagement $6,829$6,829
IX-12 Advertising and promotionManagement $15,429$15,429
IX-13 Office expensesManagement $6,309$6,309
IX-14 Information technologyManagement $28,131$28,131
IX-16 OccupancyManagement $45,752$45,752
IX-19 Conferences, conventions and meetingsPrograms $5,304$5,304
IX-22 Depreciation, depletion and amortizationManagement $41,285$41,285
IX-23 InsuranceManagement $23,446$23,446
IX-24 Other expenses (24a–d)Programs $173,365 · Management $40,590$213,955
IX-24e All other expensesPrograms $21,977 · Management $20,971$42,948
IX-25 Total functional expensesPrograms $307,206 · Management $629,425 · Fundraising $0$936,631
Part X · Balance sheet $3,179,576 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $689,272$799,612
X-2 Savings and temporary cash investmentsStart of year $861,821$896,680
X-4 Accounts receivableStart of year $2,494$14,154
X-8 Inventories for sale or useStart of year $43,744$43,061
X-9 Prepaid expenses and deferred chargesStart of year $77,366$73,815
X-10c Land, buildings and equipment, netStart of year $754,247$745,950
X-12 Other securitiesStart of year $486,267$542,361
X-14 Intangible assetsStart of year $14,440$9,037
X-15 Other assetsStart of year $52,130$54,906
X-16 Total assetsStart of year $2,981,781$3,179,576
X-19 Deferred revenueStart of year $471,221$498,415
X-25 Other liabilitiesStart of year $69,286$50,368
X-26 Total liabilitiesStart of year $540,507$548,783
X-27 Net assets without donor restrictionsStart of year $2,441,274$2,630,793
X-32 Total net assets or fund balancesStart of year $2,441,274$2,630,793
X-33 Total liabilities and net assetsStart of year $2,981,781$3,179,576
Part XI · Reconciliation of net assets $2,630,793 net assets at year end
XI-1 Total revenue$1,085,687
XI-2 Total expenses$936,631
XI-3 Revenue less expenses$149,056
XI-4 Net assets at start of year$2,441,274
XI-5 Net unrealized gains (losses) on investments$40,463
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,630,793

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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