Overview
What is Film Musicians Secondary Markets Fund?
The Film Musicians Secondary Markets Fund is a nonprofit organization based in Encino, California, with a workforce of 48 employees. Their primary mission is to collect contributions from film producers and distribute them to participant musicians, in accordance with collective bargaining agreements. This fund ensures musicians receive their rightful compensation for their work in the film industry.
Official website here: www.fmsmf.org
Is Film Musicians Secondary Markets Fund legitimate?
Film Musicians Secondary Markets Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Film Musicians Secondary Markets 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: $442,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,186,365
For more financial information, click here
Official website here: www.fmsmf.org
What is the mission statement of Film Musicians Secondary Markets Fund?
The Film Musicians Secondary Markets Fund is dedicated to collecting contributions from film producers in accordance with collective bargaining agreements. This fund serves an essential role by redistributing these contributions to participating musicians. By adhering to collective bargaining agreements, the organization ensures fair compensation for musicians whose work contributes significantly to the film industry. The Fund's mission is to maintain a reliable system for distributing these contributions, thus supporting musicians and upholding the integrity of the collective bargaining process.
Official website here: www.fmsmf.org
Who is the CEO of Film Musicians Secondary Markets Fund?
Kim Roberts Hedgpeth is the Executive Director of Film Musicians Secondary Markets Fund.
Official website here: www.fmsmf.org
What is the revenue of Film Musicians Secondary Markets Fund?
Film Musicians Secondary Markets Fund's revenue in 2023 was $142,289,095.
Official website here: www.fmsmf.org
Who are the executives of Film Musicians Secondary Markets Fund and what are their salaries?
The average compensation at Film Musicians Secondary Markets Fund during 2023 was $75,606. There are 48 employees at Film Musicians Secondary Markets Fund.
Here are 12 key members and their salaries:
- Kim Roberts Hedgpeth (Executive Director)
- Brian C Sickles (Coo)
- Jennifer Grasmick (Comptroller)
- Edward Wilkinson (Dir. - App. & Soft. Develop.)
- Richard Vann (Sr. Dir. - App. Software Dev.)
- James Cope (Dir. - Contract Compliance)
- Carol Lombardini (Chairperson-Oversight) [Trustee/Director]
- Jane Lee (Member-Oversight) [Trustee/Director]
- Ray Hair (Afm Liaison) [Trustee/Director]
- Pete Anthony (Afm Liaison) [Trustee/Director]
- Gene Cadiente (Member-Oversight) [Trustee/Director]
- Tom Calderaro (Afm Liaison) [Trustee/Director]
Official website here: www.fmsmf.org
Where can I find the form 990 for Film Musicians Secondary Markets Fund?
The Film Musicians Secondary Markets Fund’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.fmsmf.org
Learn more at the official website: www.fmsmf.org
Mission Statement of Film Musicians Secondary Markets Fund
The Film Musicians Secondary Markets Fund is a nonprofit organization dedicated to collecting contributions from producers for distribution to participating musicians. In accordance with collective bargaining agreements, this Fund serves as a vital source of financial support for musicians in the film industry. By collecting and distributing these contributions, the Film Musicians Secondary Markets Fund ensures that musicians receive fair compensation for their work on various film projects.
The mission of this organization is multifaceted. It not only collects contributions but also distributes them in accordance with the collective bargaining agreements. These agreements outline the specific terms and conditions of the financial support, ensuring that musicians receive their rightful compensation for their contributions to the film industry. By fulfilling this role, the Film Musicians Secondary Markets Fund plays a significant part in upholding the integrity of the collective bargaining process and maintaining fair labor practices within the industry.
Additionally, the Film Musicians Secondary Markets Fund acts as a safety net for musicians. Through its mission, it provides crucial financial support to musicians who might otherwise face financial hardships during their careers. This support enables them to focus on their craft and continue contributing to the film industry, ensuring the ongoing creation of high-quality music for productions. In essence, the Film Musicians Secondary Markets Fund is an essential partner in the film industry, ensuring that musicians are fairly compensated for their work and can maintain their livelihoods.
Impact
This information is meant to be a general summary of Film Musicians Secondary Markets Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Film Musicians Secondary Markets Fund plays a crucial role in supporting musicians by collecting contributions from producers and distributing them to participating musicians as per collective bargaining agreements. This enables musicians to receive fair compensation for their work in the film industry. By ensuring that musicians are fairly compensated for their contributions, the Fund helps to sustain and support the livelihoods of these professionals, contributing to the overall health and vibrancy of the music industry.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$139,813,233
Organization Details
Founding Year
1972
Phone
(818) 755-7777
Principal Officer
Kim Roberts Hedgpeth
Main Address
15910 VENTURA BLVD STE 900, ENCINO, CA, 91436
Website
www.fmsmf.org
NTEE Category
Code: A31 - Arts
If you are a representative of Film Musicians Secondary Markets 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.