Mechanical Licensing Collective

Employment organization based in Nashville, TN. 120 employees. Exempt under §501(c)(6).

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

EIN
84-2642688
State
TN
Sector
Employment
Budget band
$50M+
Latest filing
TY 2024
Records
16 officers · 5 years

Financial snapshot · TY 2024

$111.3M
Total revenue
$86.2M
Total expenses
$1.4B
Net assets

Financial health · TY 2024

37
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
48
8.5 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
91
Mix of program fees, grants & contributions

Leadership compensation

$851,319
90th percentile vs. peers
$649,988
98th percentile vs. peers
$600,187
100th percentile vs. peers
Ellen Truley
CHIEF MKTG & EXT AFF OFFICER
$488,817
98th percentile vs. peers
Lindsey Major
CHIEF MBR EXPERIENCE OFFICER
$326,672
98th percentile vs. peers

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Mechanical Licensing Collective Executive Compensation | 990 Data | DoubleNine