American Music Therapy Association



			American Music Therapy Association, Inc. 8455 Colesville Road, Suite 1000 Silver Spring, Maryland 20910, USA Phone: (301) 589-3300 Fax: (301) 589-5175
		AMTA Summarized Financial Information Annual Audit Results

Independent Auditors' Report

	To the Board of Directors American Music Therapy Association National Music Therapy Registry Silver Spring, MD We have audited the accompanying combined statement of financial position of the American Music Therapy Association, Inc. (AMTA) and the National Music Therapy Registry (NMTR) as of June 30, 2009, and the related combined statements of activities and change in net assets, functional expenses and cash flows for the year then ended. These combined financial statements are the responsibility of AMTA's and NMTR's management. Our responsibility is to express an opinion on these combined financial statements based on our audit The prior year summarized comparative information has been derived from the combined financial statements of AMTA and NMTR for the year ended June 30, 2008 and in our report dated November 13, 2008, we expressed an unqualified opinion on those combined financial statements. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the combined financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the combined financial statements referred to above present fairly, in all material respects, the combined financial position of AMTA and NMTR as of June 30, 2009, and their combined change in net assets and their combined cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. Gelman, Rosenberg, & Freedman Certified Public Accountants and Consultants October 16, 2009

American Music Therapy Association/National Music Therapy Registry Combined Statement of Financial Position as of June 30, 2009

	ASSETS
	Current Assets	2009
	Cash and cash equivalents Investments Accounts receivable Prepaid expenses	$ 139,376 442,170 28,721 76,127

	Total current assets	686,394

	Furniture, Equipment and Leasehold Improvements
	Furniture Equipment Leasehold improvements	32,367 77,707 2,596

	Less: Accumulated depreciation and amortization	112,670 (92,002)

	Net furniture, equipment and leasehold improvements	20,668

	Other Assets
	Deposit	5,952

	TOTAL ASSETS	$713,014

	LIABILITIES AND NET ASSETS

	Liabilities	2009
	Accounts payable Accrued payroll and employee benefits Deferred revenue:	$ 40,548 44,689
	Membership dues Subscriptions Conference revenue Deferred rent	306,546 45,472 11,618 12,844
	Total current liabilities	461,717

	Net Assets
	Unrestricted Temporarily restricted	184,801 66,496

	Total net assets	251,297

	TOTAL LIABILITIES AND NET ASSETS	$713,014

American Music Therapy Association/National Music Therapy Registry Combined Statement of Activities and Change in Net Assets for the Year Ended June 30, 2009 For a functional analysis of revenue and expenses, please review the Annual Report.

	Revenue	Total
	Membership dues Registration Grants and donations Special projects Sale of publications and CD-ROM Conference CMTE Institutes AMTA products Video products Subscriptions Labels and lists Advertising Consulting Income Royalties Affinity royalties Academic Program Approval Miscellaneous In-kind contributions Realized gain Interest/dividend income	$656,415 44,305 41,248 -- 249,227 344,897 36,665 23,588 7,841 1,760 94,372 5,721 4,809 4,000 5,793 6,373 2,100 1,205 17,024 2,599 11,081

	Total revenue	1,561,023


	Expenses	Total
	Program Services: Public Affairs and Government Relations Membership and Professional Development Registry Scholarship Funds Special Project Total Program Services Management and General Fundraising TOTAL EXPENSES Changes in net assets before other item OTHER ITEM Unrealized loss Change in net assets Net assets at beginning of year Net assets at end of year	$764,333 382,558 26,826 9,375 2,992 1,186,084 320,010 10,573 1,516,667 44,356 (45,417) (1,061) 252,358 251,297










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	AMTA is a 501(c)3 non-profit organization and accepts contributions which support its mission. Contributions are tax deductible as allowed by law. Copyright © 2002, American Music Therapy Association.