NonprofitsSound Recording Special Payments Fund

Community Improvement

Sound Recording Special Payments Fund

NEW YORK, NY

Total revenue

$15.0M

Total expenses

$13.9M

Net assets

$11.4M

Grants received

EIN

136180704

Tax year

2023

Mission

Dedicated to collect and to distribute residual payments to musicians as a result of their craftsmanship in creating sound recordings. (see schedule o for continuation)

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$14.3M
Investment income$687K
Other revenue
Total revenue$15.0M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising
Other expenses$319K
Total expenses$13.9M
Total assets$22.7M
Net assets$11.4M

People

11 listed

NameRoleCompensation

ROBERT DIPAOLA

FUND ADMINISTRATOR

Board

$341K

40 hrs/wk

JAMES HARRINGTON

CHAIR - OVERSIGHT

Board

1 hrs/wk

David Finck

AFM - LIAISON (SEE SCH. O)

Board

1 hrs/wk

Augustino Gagliardi

AFM - LIAISON (SEE SCH. O)

Board

1 hrs/wk

RAYMOND M HAIR JR thru 923

AFM - LIAISON (SEE SCH. O)

Board

1 hrs/wk

Dave Pomeroy

AFM - LIAISON (SEE SCH. O)

Board

1 hrs/wk

SYED ALI

DIRECTOR OF IT/SYSTEMS

Staff

$221K

40 hrs/wk

VINCENT VISCONTI

DATABASE ARCHITECT

Staff

$187K

40 hrs/wk

SUSAN WYLLIE

MUSICIANS' INFO SVCS MANAGER

Staff

$119K

40 hrs/wk

NANCY NARVARRO

SENIOR ACCOUNTANT

Staff

$119K

40 hrs/wk

PARIS GARDNER

MANAGER

Staff

$119K

40 hrs/wk

Details

EIN136180704
NTEE codeS46
Subsection06
Ruling date2020-04
Formed1964
Employees11062
Volunteers1
SOUND RECORDING SPECIAL PAYMENTS FUND — Mission, Financials & Grants Received | Grantivo