Overview
What is Sound Recording Special Payments Fund?
The Sound Recording Special Payments Fund is a nonprofit organization headquartered at 150 EAST 52nd STREET Suite 24001, New York, NY 10022. Its primary mission is to collect and distribute residual payments to musicians in recognition of their artistry in creating sound recordings. This dedicated organization operates with integrity and efficiency, ensuring exceptional services to musicians and keeping pace with the ever-evolving music industry. With a significant workforce of over ten thousand employees, the Fund is committed to its important role in the music community.
Official website here: www.sound-recording.org
Is Sound Recording Special Payments Fund legitimate?
Sound Recording Special Payments Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Sound Recording Special Payments Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $368,941
Professional Fundraising Fees: $0
Other Salaries and Wages: $793,855
For more financial information, click here
Official website here: www.sound-recording.org
What is the mission statement of Sound Recording Special Payments Fund?
The Sound Recording Special Payments Fund is committed to collecting and distributing residual payments to musicians in recognition of their craftsmanship in creating sound recordings. The organization operates with integrity and proficiency, providing exceptional service to musicians. Adapting to changes in the music industry, it remains dedicated to its mission. The fund's primary goal is to financially support musicians for their contributions to the sound recording industry.
Official website here: www.sound-recording.org
Who is the CEO of Sound Recording Special Payments Fund?
Robert Dipaola is the Fund Administrator of Sound Recording Special Payments Fund.
Official website here: www.sound-recording.org
What is the revenue of Sound Recording Special Payments Fund?
Sound Recording Special Payments Fund's revenue in 2022 was $13,023,174.
Official website here: www.sound-recording.org
Who are the executives of Sound Recording Special Payments Fund and what are their salaries?
The average compensation at Sound Recording Special Payments Fund during 2022 was $114. There are 10,230 employees and 1 volunteers at Sound Recording Special Payments Fund.
Here are 11 key members and their salaries:
- Robert Dipaola (Fund Administrator)
- Syed Ali (Director Of It/Systems)
- Vincent Visconti (Database Architect)
- Nancy Narvarro (Senior Accountant)
- Susan Wyllie (Musicians' Info Svcs Manager)
- Paris Gardner (Manager)
- James Harrington (Chair - Oversight) [Trustee/Director]
- Augtino Gagliardi (Afm - Liaison (See Sch. O))
- Raymond M Hair Jr (Afm - Liaison (See Sch. O))
- Dave Pomeroy (Afm - Liaison (See Sch. O))
- Neil Stubenhaus Thru 122 (Afm - Liaison (See Sch. O))
Official website here: www.sound-recording.org
Where can I find the form 990 for Sound Recording Special Payments Fund?
The Sound Recording Special Payments Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.sound-recording.org
Learn more at the official website: www.sound-recording.org
Mission Statement of Sound Recording Special Payments Fund
The Sound Recording Special Payments Fund, a dedicated organization, is committed to collecting and distributing residual payments to musicians in recognition of their artistic contributions to creating sound recordings. With a strong sense of integrity and proficiency, this entity strives to provide exceptional service to musicians. The organization remains adaptable to the ever-evolving music industry, ensuring musicians receive the compensation they deserve for their craftsmanship.
The Sound Recording Special Payments Fund plays a vital role in the music industry, serving as a bridge between musicians and their earned royalties. By meticulously collecting residual payments, this organization ensures that musicians are compensated for their invaluable input in the creation of sound recordings. The team behind the Sound Recording Special Payments Fund operates with efficiency and dedication, enabling musicians to focus on their artistic pursuits without worrying about the financial aspects of their work.
In essence, the Sound Recording Special Payments Fund is an essential partner to musicians, advocating on their behalf and ensuring they receive the financial recognition they deserve for their craftsmanship in creating sound recordings. Through its unwavering commitment to integrity, proficiency, and exceptional service, the organization has become a trusted resource in the music industry, enabling musicians to thrive and continue creating the music that inspires and entertains us all.
Impact
This information is meant to be a general summary of Sound Recording Special Payments Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Sound Recording Special Payments Fund directly impacts musicians by collecting and distributing residual payments resulting from their craftsmanship in creating sound recordings. This ensures that musicians receive proper compensation for their work and talent in the music industry. By operating with integrity and proficiency, the Fund provides exceptional service to musicians, supporting their livelihood and creativity. The Fund's commitment to adapting to changes in the music industry as it evolves further solidifies its positive impact on supporting musicians and their contributions to the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PAYMENTS RECEIVED FROM RECORD COMPANIES
Revenue
$12,851,008
Organization Details
Founding Year
1964
Phone
(212) 310-9420
Principal Officer
Robert Dipaola
Main Address
150 EAST 52ND STREET Suite 24001, NEW YORK, NY, 10022
Website
www.sound-recording.org
NTEE Category
Code: S46 - Community improvement
If you are a representative of Sound Recording Special Payments Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.