Mechanical Licensing Collective

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842642688 ✦ Nashville, TN ✦ Designated as a 501(c)(6)

Overview

What is Mechanical Licensing Collective?

The Mechanical Licensing Collective is a nonprofit organization headquartered in Nashville, Tennessee, specifically at 333 11th AVENUE SOUTH Suite 200. Their primary mission involves administering mechanical licenses and processing royalties for songwriters and music publishers. They also maintain a database of musical works copyright ownership. With a team of 100 employees, their activities extend to regulatory measures that support license and royalty administration operations, industry collaboration, and public education.


Official website here: www.themlc.com

Is Mechanical Licensing Collective legitimate?

Mechanical Licensing Collective is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mechanical Licensing Collective 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: $3,494,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,245,306

For more financial information, click here


Official website here: www.themlc.com

What is the mission statement of Mechanical Licensing Collective?

The Mechanical Licensing Collective is dedicated to administering mechanical licenses and processing royalties for songwriters and music publishers. They maintain a copyright ownership database for musical works and work towards educating the public. Through blanket mechanical licenses granted to digital music providers, they collect, match, and distribute the resulting royalties. Ongoing planning and implementation are crucial for their license and royalty administration operations. The organization also engages in regulatory measures to support these operations and collaborates within the industry for coordination.


Official website here: www.themlc.com

Who is the CEO of Mechanical Licensing Collective?

Kristopher Ahrend is the Ceo of Mechanical Licensing Collective. The CEO's salary of Mechanical Licensing Collective is $664,383 and their total compensation is $699,449.


Official website here: www.themlc.com

What is the revenue of Mechanical Licensing Collective?

Mechanical Licensing Collective's revenue in 2022 was $44,636,158.


Official website here: www.themlc.com

Who are the executives of Mechanical Licensing Collective and what are their salaries?

The average compensation at Mechanical Licensing Collective during 2022 was $97,397. There are 100 employees at Mechanical Licensing Collective.

Here are 30 key members and their salaries (Mechanical Licensing Collective's CEO's salary is $664,383 and their total compensation is $699,449):

    Kristopher Ahrend (Ceo)
  • Compensation: $664,383
  • Related: $0
  • Other: $35,066

    • Ilene Weintraub (Cfo)
  • Compensation: $465,946
  • Related: $0
  • Other: $40,229

    • Kristen Johns (Chief Legal Officer)
  • Compensation: $364,625
  • Related: $0
  • Other: $33,873

    • Ellen Truley (Chief Marketing Officer)
  • Compensation: $336,094
  • Related: $0
  • Other: $26,767

    • Maurice Russell (Head Of Rights Management)
  • Compensation: $275,350
  • Related: $0
  • Other: $28,950

    • Andrew Mitchell (Head Of Analytics & Automation)
  • Compensation: $227,333
  • Related: $0
  • Other: $31,084

    • Makessa Benjamin (Head Of Finance)
  • Compensation: $227,010
  • Related: $0
  • Other: $18,595

    • Nathan Osher (Asst Gen Coun - Pub. Relations)
  • Compensation: $210,661
  • Related: $0
  • Other: $32,357

    • Leigh Mccorkle (Chief People Officer)
  • Compensation: $226,645
  • Related: $0
  • Other: $16,141

    • Richard Thompson (Chief Technology Officer)
  • Compensation: $195,041
  • Related: $0
  • Other: $35,249

    • Lindsey Major (Head Of Customer Experience)
  • Compensation: $217,089
  • Related: $0
  • Other: $13,082

    • Daetwaun Bogan (Head Of 3Rd Party Partnerships)
  • Compensation: $207,143
  • Related: $0
  • Other: $5,804

    • Richard Marshall (Asst Gen Counsel-Dsp Relations)
  • Compensation: $196,669
  • Related: $0
  • Other: $7,867

    • Joya Carmichael (Head Of Operations)
  • Compensation: $195,021
  • Related: $0
  • Other: $8,321

    • Maurice Buckberry (Director/Information Tech.)
  • Compensation: $183,356
  • Related: $0
  • Other: $17,628

    • Alisa Coleman (Director/Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Kadish (Director/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oak Felder (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rell Lafargue (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Abitbol (Director (From 12/05/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Brabec (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Brodsky (Director (Thru 12/04/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Bruderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Cohan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Cutler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kara Dioguardi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Kokakis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claire Mcauley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Molinar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Wiseman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.themlc.com

    Where can I find the form 990 for Mechanical Licensing Collective?

    The Mechanical Licensing Collective’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.themlc.com

    Learn more at the official website: www.themlc.com

    Mission Statement of Mechanical Licensing Collective

    The Mechanical Licensing Collective, a notable organization, is dedicated to administering mechanical licenses and processing royalties for both songwriters and music publishers. It meticulously maintains a copyright ownership database for musical works, ensuring accurate record-keeping. In addition, the Collective plays a crucial role in educating the public about the importance of copyright protection in the music industry.

    Through the administration of blanket mechanical licenses, the Mechanical Licensing Collective grants permission to digital music providers to legally use and distribute copyrighted music. This collective process streamlines the licensing procedure for numerous music providers, making it more efficient for all parties involved.

    Moreover, the organization collects, matches, and distributes royalties received from digital music providers. This essential function ensures that songwriters and publishers receive fair compensation for their work. The Mechanical Licensing Collective continues to plan and implement improvements for its license and royalty administration operations. Furthermore, it collaborates with industry stakeholders on regulatory measures to strengthen the music licensing and royalty distribution landscape. Overall, the Mechanical Licensing Collective is an essential entity in the music industry, facilitating the legal use of copyrighted music while ensuring fair compensation for creators.

    Impact

    This information is meant to be a general summary of Mechanical Licensing Collective. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Mechanical Licensing Collective's impact lies in its role as an essential entity that administers mechanical licenses and processes royalties for songwriters and music publishers. By efficiently managing the licensing process and ensuring proper distribution of royalties from digital music providers, the MLC contributes to the financial well-being of creators in the music industry. Additionally, by maintaining a database of musical works copyright ownership and educating the public on copyright issues, the MLC plays a crucial role in safeguarding intellectual property rights. Its work in collaborating with industry stakeholders and implementing regulatory measures further supports a sustainable ecosystem for music licensing and royalty administration.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,281,158
  • Program Service Revenue: $29,355,000
  • Gross Receipts: $44,636,158

    • Assets and Liabilities:
  • Total Assets: $954,040,606
  • Total Liabilities: $944,089,086
  • Net Assets: $9,951,520
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ASSESSMENTS

    Revenue

    $29,355,000

    Organization Details

    Founding Year

    2019

    Principal Officer

    Kristopher Ahrend

    Main Address

    333 11TH AVENUE SOUTH Suite 200, NASHVILLE, TN, 37203

    NTEE Category

    Code: J02 - Employment

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