Mechanical Licensing Collective is a 501(c)(6) organization based in Nashville, Tennessee, registered in 2020, with $111,325,211 in FY2024 revenue. CharityIndex grades it A.
Revenue (FY2024)
$111.3M
▲ 31.5% vs prior year
Employment median: $367K
Expenses (FY2024)
$86.2M
Net assets
$61.4M
Employees
120
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mechanical Licensing Collective— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mechanical Licensing Collective: 9 mo reserves · +23% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mechanical Licensing Collective: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mechanical Licensing Collective: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Administer mechanical licenses and process royalties for songwriters and music publishers, maintain musical works copyright ownership database and educate the public.
Revenue grew from $22.8M (FY2020) to $111.3M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
22.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4B
Total liabilities
$1.4B
Net assets
$61.4M
Salaries & benefits
$15.6M
18% of expenses
Board members
14
14 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $111,325,211▲31.5% | $86,181,834▲22.1% | $61,363,863▲87.6% | $1,419,879,405▲15.5% | 990 |
| 2023 | $84,657,502▲89.7% | $70,586,120▲62.2% | $32,702,011▲229% | $1,229,445,353▲28.9% | 990 |
| 2022 | $44,636,158▲43.8% | $43,509,670▲64.4% | $9,951,520▼35.4% | $954,040,606▲28.9% | 990 |
| 2021 | $31,029,910▲36.0% | $26,472,376▲81.5% | $15,396,470▲20.7% | $740,209,302▲4364% | 990 |
| 2020 | $22,813,877 | $14,585,911 | $12,750,702 | $16,582,562 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Kris Ahrend — $815,740 (0.95% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kris Ahrend | Ceo | 40 | $815,740 |
| Ilene Weintraub | Cfo | 40 | $558,252 |
| Richard Thompson | Cto | 40 | $558,064 |
| Ellen Truley | Chief Mktg & Ext Aff Officer | 40 | $459,400 |
| Lindsey Major | Chief Mbr Experience Officer | 40 | $307,567 |
| Maurice Russell | Head of Rights Management | 40 | $291,548 |
| Andrew Mitchell | Chief Analyt & Autom Officer | 40 | $290,240 |
| Raphael Amselli | Senior Director Technology | 40 | $274,471 |
| Richard Marshall | General Counsel (eff. 6/30/24) | 40 | $262,877 |
| Joya Carmichael | Chief Administration Officer | 40 | $261,048 |
| Leigh Mccorkle | Chief People Officer | 40 | $259,115 |
| Makessa Benjamin | Head of Member Finance | 40 | $246,944 |
| Nathan Osher | Asst Gen Coun - Pub. Relations | 40 | $231,811 |
| Margaret Eggers | Controller | 40 | $231,120 |
| Daetwaun Bogan | Head of 3rd Party Partnerships | 40 | $224,957 |
| Kristen Johns | Chief Legal Off.(thru 6/30/24) | 40 | $173,863 |
| Alisa Coleman | Director/chair of the Board | 40 | — |
| Bob Bruderman | Director | 2 | — |
| Claire Mcauley | Director | 2 | — |
| David Kokakis | Director | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Hfa | Consulting | $10,910,463 |
| Pryor Cashman LLP | Legal Fees | $2,470,089 |
| Highspring LLC DBA Vaco LLC | Temp. Staff/recruit | $1,714,851 |
| Paul Weiss Rifkind Wharton Gar | Legal Fees | $1,035,357 |
| Gupta Media Holdings | Digital Media Servic | $275,000 |
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Data for Mechanical Licensing Collective (EIN 84-2642688) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.