Your membership dues at work.

MUSIC TEACHERS NATIONAL ASSOCIATION

Dear Members:

An important agenda item for the MTNA Board of Directors annual summer meeting is to approve the Operating budget for the 2005-2006 fiscal year. The work of the MTNA finance committee, a subcommittee of the Board of Directors, precedes this review. Membership on the finance committee is as follows: Secretary-Treasurer Kathleen Rountree, NCTM, who serves as chair; the MTNA president; the immediate past president, Phyllis Pieffer, NCTM; the president-elect, Gail Berenson, NCTM; one director elected from the board, Roy Wylie, NCTM; and the executive director, Gary Ingle. The deputy executive director, Marge Bengel, also works with the finance committee. The finance committee makes recommendations to the board of directors in regard to all expenditures and monitors the budget throughout the year.

MTNA receives approximately 52 percent of its income from member dues. The other 48 percent comes from a variety of sources including the national conference, competitions, publications, royalties/sales, investment income and the FOUNDATION FUND. From this income, MTNA funds the programs and services provided to the membership, such as American Music Teacher magazine, the annual conference, national competitions, teacher enrichment grants, personal and professional insurance, and a whole lot more. We are proud of the fact that 76 percent of our income supports programs and services, while only 24 percent funds our administrative costs.

MTNA also provides programs and services, and support for our state and local affiliates, including such areas as the general liability insurance for events, dues collection, ASCAP licensing fees for all our affiliated associations, composer commissioning matching awards for state associations, and IRS fees associated with 501(c)(3) group exemption capability for all our affiliated associations. Programs also include the very successful annual leadership summit for state presidents and national officers. Members also benefit from the national competitions program, our National Conference with Pedagogy Saturday, expanded group teaching and technology formats and our enhanced website.

MTNA is committed to providing services and resources to our members that will advance the value of music study and music making. The MTNA board of directors and the dedicated staff, under Executive Director Gary Ingle, are making every effort to provide you with the most benefit for your investment in MTNA.

Sincerely,

Paul Stewart 

MTNA President

MTNA Budgeted Income
2005-2006

Dues                        52%
Award Sponsorship            1%
Conference                  23%
Division Competition         0%
Foundation Fund              3%
Investment Income            1%
National Competition         3%
Certification                1%
Publications                13%
Royalties/Sales              3%

Note: Table made from pie chart.

MTNA Budgeted Expense
2005-2006

Administration             23%
Contingency                 1%
Cost of Sales               0%
Fixed Assets/Equity         1%
Programs and Services      75%

Note: Table made from pie chart.

BUDGET 6/30/06
INCOME: (CHART 3)

DUES                                1,224,715    52%
AWARD SPONSORSHIP                      28,300     1%
CONFERENCE                            553,105    23%
DIVISION COMPETITION                   10,720     0%
FOUNDATION FUND                        81,800     3%
INVESTMENT INCOME                      18,000     1%
NATIONAL COMPETITION                   78,645     3%
CERTIFICATION                          20,450     1%
PUBLICATIONS                          302,500    13%
ROYALTIES/SALES                        68,500     3%
                                    2,386,735   100%

EXPENSE: (CHART 4)
ADMINISTRATION                        557,351    23%
CONTINGENCY                            31,845     1%
COST OF SALES                           8,500     0%
FIXED ASSETS/EQUIPMENT                 25,300     1%
PROGRAMS & SERVICES *               1,763,739    75%
                                    2,386,735   100%

SURPLUS                                     0

* DETAIL-PROGRAMS & SERVICES:
Ascap Licensing Fees                    8,414
Certification                          40,195
Composer Commissioning                 27,956
Conference                            398,960
Foundation Development                 96,027
Gen'l Liability Ins-State & Local      15,035
General Programs *                     37,696
Grants & Awards-other                  40,522
Leadership Development                 55,358
Marketing/Public Relations             40,957
Member Development & Retention        111,298
Membership Maintenance                143,260
MTNA Competition:
  Division Competition                138,637
  National Competition Expense         45,391
  Awards                               63,661
Partnership Development                16,607
Publications                          415,704
Website                                68,061
                                    1,763,739