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Filing year 2023

SOUND RECORDING SPECIAL PAYMENTS FUND

New York, New York·EIN 13-6180704·NTEE S46 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$15M
Total assets
$22.7M
Total expenses
$13.9M
Reported officers
11
Mission

DEDICATED TO COLLECT AND TO DISTRIBUTE RESIDUAL PAYMENTS TO MUSICIANS AS A RESULT OF THEIR CRAFTSMANSHIP IN CREATING SOUND RECORDINGS. WE ARE COMMITTED TO OPERATE WITH INTEGRITY AND PROFICIENTLY, TO PROVIDE EXCEPTIONAL SERVICE TO MUSICIANS AND TO ADAPT TO CHANGES IN THE MUSIC INDUSTRY AS IT EVOLVES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New York.

Fund Administrator
Officer (Unspecified)
$388k
$436k
Base
$298k
Bonus
$43k
Other
Benefits
$13k
Director of It/systems
Highest Compensated Employee
Above 90th percentile
$288k
$323k
Base
$209k
Bonus
$12k
Other
Benefits
$41k
Database Architect
Highest Compensated Employee
75th to 90th percentile
$254k
$285k
Base
$177k
Bonus
$11k
Other
Benefits
$41k
Senior Accountant
Highest Compensated Employee
Median to 75th percentile
$161k
$180k
Base
$112k
Bonus
$7k
Other
Benefits
$28k
Musicians' Info Svcs Manager
Highest Compensated Employee
25th percentile to median
$146k
$164k
Manager
Highest Compensated Employee
25th percentile to median
$146k
$164k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SOUND RECORDING SPECIAL PAYMENTS FUND equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
3%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 3%
from 2022

From $379k in 2022 to $388k in 2023.

$379k
2022
$388k
2023
In today's dollarsEst.
Down 1% in real terms$441k to $436k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 5% from 2022 to 2023, while revenue rose 5%.

$273k in 2022 to $288k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about SOUND RECORDING SPECIAL PAYMENTS FUND

What does the Highest Compensated Employee of SOUND RECORDING SPECIAL PAYMENTS FUND earn?

In 2023, the Highest Compensated Employee of SOUND RECORDING SPECIAL PAYMENTS FUND received $287,612 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Community Improvement & Capacity Building organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at SOUND RECORDING SPECIAL PAYMENTS FUND compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2023 pay of the Highest Compensated Employee at SOUND RECORDING SPECIAL PAYMENTS FUND falls in the top 10%. In 2023, the highest total compensation at SOUND RECORDING SPECIAL PAYMENTS FUND equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are SOUND RECORDING SPECIAL PAYMENTS FUND's revenue and expenses?

In 2023, SOUND RECORDING SPECIAL PAYMENTS FUND reported $15M in total revenue and $13.9M in total expenses on its IRS Form 990.

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