INTERNATIONAL ASSOCIATION OF MUSIC LIBRARIES ARCHIVES &DOCUMENTATION

EIN: 821461778 501(c)(3) Arts, Culture & Humanities

MIDDLETON, WI

Total Revenue
$164,970
Total Expenses
$90,328
Total Assets
$559,747
Net Assets
$559,747
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
WI
Principal Officer
Rupert Ridgewell
Phone
6088369000
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF MUSIC LIBRARIES ARCHIVES &DOCUMENTATION, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $165K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $75K, a strong 45% operating margin.

Mission

IAML encourages and promotes the activities of music libraries, archives and documentation centres to support and facilitate the realization of projects in music bibliography, music documentation and music library and information science at national and international levels.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $120,283
Program Service Revenue $21,299
Investment Income $23,388
Other Revenue $0
TOTAL REVENUE $164,970

Expense Breakdown

Grants Paid $7,376
Salaries & Benefits $10,122
Fundraising Expenses $0
Program Expenses $64,835
Other Expenses $72,830
TOTAL EXPENSES $90,328

Year-over-Year Comparison

2024 2023 Change
Revenue $164,970 $191,691 -0.1%
Expenses $90,328 $98,749 -0.1%
Net Income $74,642 $92,942 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
8
$4,270
Key Employees
3
$5,332
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anders Cato Secretary General 10
Director
$0 $2,165 $2,165
Kimmy Szeto Treasurer 10
Director
$0 $2,105 $2,105
James P Cassaro Journal Editor 10
Key Emp
$0 $2,084 $2,084
Richard Ranft Webmaster 8
Key Emp
$0 $1,624 $1,624
Jennifer Ward Webeditor 8
Key Emp
$0 $1,624 $1,624
Anna Pensaert Vice-President 5
Director
$0 $0 $0
Jurgen Diet Vice-President 0
Director
$0 $0 $0
Rupert Ridgewell President 9
Director
$0 $0 $0
Pia Shekhter Past-President 8
Director
$0 $0 $0
Stefan Engl Vice-President 5
Director
$0 $0 $0
Janneka Guise Vice-President 5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $164,970 $90,328 $559,747 $74,642
2023 $191,691 $98,749 $485,105 $92,942
2022 $213,450 $79,356 $375,686 $134,094
2020 $97,660 $43,303 $260,017 $54,357
2019 $110,695 $84,055 $200,036 $26,640
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