SOUNDEXCHANGE INC
733 10TH STREET NW 10TH FL, WASHINGTON, DC 20001 www.soundexchange.com

Total Revenue
$66,777,189
Total Expenses
$62,378,660
Net Assets
$32,424,281

Organizations Filed Purposes: SOUNDEXCHANGE'S PRIMARY EXEMPT PURPOSE IS TO COLLECT AND DISTRIBUTE ROYALTIES TO SOUND RECORDING COPYRIGHT OWNERS, FEATURED ARTISTS, AND NON-FEATURED ARTISTS.

THE ORGANIZATION REPRESENTS RECORDING ARTISTS AND MASTER SOUND RECORDING RIGHTS OWNERS, INCLUDING MAJOR AND INDEPENDENT RECORD LABELS, FOR THE COLLECTION AND DISTRIBUTION OF ROYALTIES FOR PUBLIC PERFORMANCE OF THEIR WORK ON NON-INTERACTIVE DIGITAL RADIO SERVICES. IN THIS CAPACITY, SOUNDEXCHANGE: -DISTRIBUTED MORE THAN $6.9 BILLION DOLLARS IN ROYALTIES TO RECORDING ARTISTS AND RIGHTS OWNERS. -DISTRIBUTES ROYALTIES TO APPROXIMATELY 202,000 RECORDING ARTISTS', MASTER RIGHTS OWNERS' ACCOUNTS. -RECEIVED MORE THAN 34,000 RECORDING ARTIST OR MASTER RIGHTS OWNER ACCOUNT REGISTRATIONS IN 2019. -WITH AN ADMIN RATE OF 4.8% (AUDITED) FOR 2019, THE LOWEST ADMINISTRATIVE RATE OF ANY SOUND RECORDING CMO WORLDWIDE. -DISTRIBUTES ROYALTIES TO RECORDING ARTISTSMASTER RIGHTS OWNERS' ACCOUNTS ON A MONTHLY BASIS, AND WE CAN PAY OUT THE VAST MAJORITY OF ROYALTIES WITHIN 45 DAYS OF RECEIPT. -WE ARE ULTIMATELY ABLE TO DISTRIBUTE MORE THAN 96% OF ROYALTIES COLLECTED TO RECORDING ARTISTSMASTER RIGHTS OWNERS' ACCOUNTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Michael J HuppePRESIDENT & CEO40$1,511,138
Anjula SinghEXECUTIVE VP & CFO40$622,727
Jonathan BenderCHIEF OPERATING OFFICER40$613,123
Richard ConlonCHIEF CORP DEVELOPMENT OFFICER40$581,998
Scott DayCHIEF TECHNOLOGY OFFICER40$547,300
Charles Colin RushingSENIOR VP & GENERAL COUNSEL40$537,483
Helaine KlaskyCHIEF COMMUNICATIONS OFFICER40$402,774
Julia MassiminoSR VP, GLOBAL PUBLIC POLICY40$336,644
Barry LevineVICE PRES INDUSTRY RELATIONS40$319,586
Timothy DadsonDEPUTY GENERAL COUNSEL40$291,082
Victor ZarayaDIRECTOR1$0
Richard BurgessDIRECTOR1$0
Ray HairDIRECTOR1$0
Paul RobinsonDIRECTOR1$0
Patrick RainsDIRECTOR1$0
Mitch GlazierDIRECTOR1$0
Michael HausmanDIRECTOR1$0
Martha ReevesDIRECTOR1$0
Laurie SorianoDIRECTOR1$0
Kendall MinterDIRECTOR1$0
Jeff WalkerDIRECTOR1$0
Jeff HarlestonDIRECTOR1$0
Jay L CooperDIRECTOR1$0
Duncan Crabtree-IrelanDIRECTOR1$0
David ByrneDIRECTOR1$0
Darius Van ArmanDIRECTOR1$0
Andrea FinkelsteinDIRECTOR1$0
Alasdair McmullenDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003169349305890_public.xml

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