Cause IQ organization profile

SoundExchange

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

SoundExchange is a music festivals or event based in Washington, DC that was founded in 2003. As of 2018 they had $63 million in revenue and $566 million in assets.

SoundExchange works at the center of digital music, developing business solutions to benefit the entire music industry. We collect & distribute digital performance royalties on behalf of more than 130,000 recording artists & master rights owners.

EIN:
76-0742496
City:
State:
Metro:
Website:
Phone:
202-640-5858
Facebook:
Twitter:
Founded:
2003
Type:
501(c)(6)
NTEE:
Revenue:
$63,607,709
Assets:
$566,013,803
Employees:
198
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at SoundExchange

Soundexchange is the nonprofit organization at the center of digital music, developing business solutions to benefit the entire music industry. The organization collects and distributes digital performance royalties on behalf of approximately 154,000 recording artists and master rights owners accounts, and administers direct agreements on behalf of rights owners and licensees. To date, soundexchange has paid out more than $5.0 billion in royalties. The organization represents recording artists and master rights owners including major and independent record labels. Soundexchange ensures that all recording artists and rights owners are fairly compensated when their work is broadcast by non-interactive digital radio. We are committed to advancing creative growth and have delivered more than $5.0 billion in digital royalties to recording artists and rights owners. Soundexchange also administers non-statutory licensing arrangements between sound recording copyright owners and services performing the works of those sound recording copyright owners and collects and distributes royalties received ...

Form 990s for SoundExchange

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 12, 2020990OView PDF
2017-12Feb 21, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Mar 23, 2017990OView PDF
2014-12Feb 3, 2016990OView PDF
...and five more Form 990 PDFs

Financials for SoundExchange

Field2017
Total grants, contributions, etc.$0
Program services$59,922,287
Investment income and dividends$3,774,647
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-89,625
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$400
Total revenues$63,607,709

Vendors for SoundExchange

VendorServicesAmount paidDate
Microsoft ServicesSoftware2019-09-16
██████████CRM software2019-09-16
██████Fundraising software2019-09-11
███████ ███ ████Fundraising software; Payment processing2019-09-11
█████████Content management system software2019-09-11
████ ███Tax accounting2018-12-21
███████ ███████Legal$1,724,6782017-12-01
██████ █████ ███Legal$7,175,8302017-12-01
...and 14 more vendors

Personnel at SoundExchange

NameTitleCompensationMost recent data
David ByrneChief Operating Officer$0Sept. 14, 2019
Anjula SinghChief Financial Officer$443,432Sept. 14, 2019
████████ ████████Chief Communications Officer$0Sept. 14, 2019
██████ ███████████Chief Technology Officer$0Sept. 14, 2019
███████ ██████Chief External Affairs Officer$522,382Sept. 16, 2019
████████████ ███████Senior Vice President-Sept. 16, 2019
██████ ███████ █████ ███████ ███████ █ ████████ ███Vice President Industry-Sept. 14, 2019
███████ █████President and CEO$1.3 millionSept. 14, 2019
███████ █████ ███████Senior Vice President and General Counsel$478,529Sept. 16, 2019
█████ ███Past Chief Technology Officer$471,674June 17, 2019
...and two more key personnel

Peer music festival and event organizations

 NameTypeRevenueLocation
1Carnegie Hall / The Carnegie Hall Corporation501(c)(3)$103 millionNew York, NY
2Indian Hill Music (IHM)501(c)(3)$25 millionLittleton, MA
3Orchestra of St. Luke's501(c)(3)$18 millionNew York, NY
4San Francisco Jazz Organization501(c)(3)$16 millionSan Francisco, CA
5The Recording Academy501(c)(6)$96 millionSanta Monica, CA
6Pharmaceutical Care Management Association (PCMA)501(c)(6)$28 millionWashington, DC
7Nuclear Energy Institute (NEI)501(c)(6)$49 millionWashington, DC
8United State Travel Association501(c)(6)$33 millionWashington, DC
9American College of Cardiology (ACC)501(c)(6)$26 millionWashington, DC
10Mortgage Bankers Association (MBA)501(c)(6)$65 millionWashington, DC
11American Insurance Association501(c)(6)$18 millionWashington, DC
12American Hotel & Lodging Association (AHLA)501(c)(6)$22 millionWashington, DC
13National Confectioners Association (NCA)501(c)(6)$20 millionWashington, DC
14American Fuel and Petrochemical Manufacturers (AFPM)501(c)(6)$43 millionWashington, DC
15Association for Accessible Medicines (GPhA)501(c)(6)$24 millionWashington, DC
16CTIA-The Wireless Association501(c)(6)$74 millionWashington, DC
17National Restaurant Association (NRA)501(c)(6)$289 millionWashington, DC
18Municipal Securities Rulemaking Board (MSRB)501(c)(6)$42 millionWashington, DC
19American Iron and Steel Institute (AISI)501(c)(6)$22 millionWashington, DC
20Business Roundtable (BRT)501(c)(6)$46 millionWashington, DC
21National Association of Manufacturers (NAM)501(c)(6)$51 millionWashington, DC
22American Forest and Paper Association (AF&PA)501(c)(6)$28 millionWashington, DC
23American Pharmacists Association (APhA)501(c)(6)$36 millionWashington, DC
24Plastics Industry Association (SPI)501(c)(6)$16 millionWashington, DC
25Bsathe Software Alliance (BSA)501(c)(6)$58 millionWashington, DC

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