Mechanical Licensing Collective

Organization Overview

Mechanical Licensing Collective is located in Nashville, TN. According to its NTEE Classification (J02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Employment and related organizations. As of 12/2021, Mechanical Licensing Collective employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mechanical Licensing Collective is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Mechanical Licensing Collective generated $31.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $26.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ADMINISTER MECHANICAL LICENSES AND PROCESS ROYALTIES FOR SONGWRITERS AND MUSIC PUBLISHERS, MAINTAIN MUSICAL WORKS COPYRIGHT OWNERSHIP DATABASE AND EDUCATE THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADMINISTRATION OF BLANKET MECHANICAL LICENSES TO DIGITAL MUSIC PROVIDERS (DMP'S); COLLECTION, MATCHING AND DISTRIBUTION OF ROYALTIES RECEIVED FROM DMP'S; CONTINUED PLANNING AND IMPLEMENTATION FOR LICENSE AND ROYALTY ADMINISTRATION OPERATIONS; WORK ON REGULATORY MEASURES TO SUPPORT LICENSE AND ROYALTY ADMINISTRATION OPERATIONS; INDUSTRY SUPPORT AND COORDINATION.


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Board, Officers & Key Employees

Name (title)Compensation
Kristopher Ahrend
CEO
$665,307
Ilene Weintraub
CFO
$432,593
Ellen Truley
Chief Marketing Officer
$341,724
Kristen Johns
Chief Legal Officer
$330,506
Maurice Russell
Head Of Rights Management
$261,202
Nathan Osher
Asst Gen Coun - Pub. Relations
$243,109

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hfa
Consulting
$14,276,651
Pryor Cashman Llp
Legal Fees
$1,439,642
Thomas Construction Llc
Contractor
$1,191,661
Vaco Llc
Temp. Staff/recruit
$596,044
Schrompson Consulting Ltd
Consulting
$481,247
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$28,500,000
Investment income $2,539,540
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$9,630
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,029,910

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