I'm using a free 3rd party annotation app, called IPEVO Annotator. It is an application installed in the Applications folder, but it does not actually have an active application icon as would normally appear in the application switcher. Instead, it launches a Status Menu icon. There is an option for displaying/hiding the controls for the program, but unfortunately there is no keyboard shortcut for it.
I would like to create a keyboard shortcut that toggles this menu item on/off, but can't seem to find an easy way to do it. I really don't want to have to mess with Automator and creating a service if at all possible. The built-in macOS keyboard shortcuts are not able to select from Status Menu applications.
Is there any other way to assign a keyboard shortcut to such application menus?