2021-11-15T15:40:11-06:00 2020-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2020-01-01 842642688 MECHANICAL LICENSING COLLECTIVE % KRISTOPHER AHREND MECH 6292408300 333 11TH AVENUE SOUTH Suite 200 NASHVILLE TN 37203 KRISTOPHER AHREND CEO 6292408300 2021-11-15 true KRISTOPHER AHREND 999009999 Richard Ruvelson P00234075 3012726000 2021-11-15 2 2020 2022-09-23 18:48:47Z X KRISTOPHER AHREND 333 11TH AVENUE SOUTH STE 200 NASHVILLE TN 37203 22813877 false X www.TheMLC.com X 2019 DE ADMINISTER MECHANICAL LICENSES AND PROCESS ROYALTIES FOR SONGWRITERS AND MUSIC PUBLISHERS, MAINTAIN MUSICAL WORKS COPYRIGHT OWNERSHIP DATABASE AND EDUCATE THE PUBLIC. 12 12 37 0 0 0 0 10700000 22800000 1023 13877 0 0 10701023 22813877 0 0 0 0 0 3003381 0 0 0 6178287 11582530 6178287 14585911 4522736 8227966 5941990 16582562 1419254 3831860 4522736 12750702 ADMINISTER MECHANICAL LICENSES AND PROCESS ROYALTIES FOR SONGWRITERS AND MUSIC PUBLISHERS, MAINTAIN MUSICAL WORKS COPYRIGHT OWNERSHIP DATABASE AND EDUCATE THE PUBLIC. false false Planning and implementation for license and royalty administration operations; Work on regulatory measures to support license and royalty administration operations; Industry support and coordination. false false false false false false false false false true false false true false true true false false true false false false false false false false false false true false false false false false false false false false false false false false false true X 26 0 true 37 true false false false false false false false false X 12 12 false false false false true true false true true false false true true true true false false true true false X X KRISTOPHER AHREND 6292408300 333 11TH AVENUE SOUTH SUITE 200 NASHVILLE TN 37203 X KRISTOPHER AHREND CEO 40.0 0.0 X 624962 0 20514 ELLEN TRULEY CHIEF MARKETING OFFICER 40.0 0.0 X 265127 0 10063 MAURICE RUSSELL HEAD OF RIGHTS MANAGEMENT 40.0 0.0 X 259688 0 9754 MAKESSA BENJAMIN HEAD OF FINANCE 40.0 0.0 X 145732 0 3750 LEAH MCCORKLE CHIEF PEOPLE OFFICER 40.0 0.0 X 143394 0 5959 DAETWAUN BOGAN HEAD OF 3RD PARTY PARTNERSHIPS 40.0 0.0 X 142088 0 4776 LINDSEY MAJOR HEAD OF CUSTOMER EXPERIENCE 40.0 0.0 X 103954 0 1204 ILENE WEINTRAUB CFO 40.0 0.0 X 99846 0 0 ALISA COLEMAN DIRECTOR/CHAIR OF THE BOARD 10.0 0.0 X X 0 0 0 KEVIN KADISH DIRECTOR/VICE CHAIR 2.0 0.0 X X 0 0 0 OAK FELDER DIRECTOR/SECRETARY 2.0 0.0 X X 0 0 0 PAUL KAHN DIRECTOR/TREASURER 2.0 0.0 X X 0 0 0 JEFF BRABEC DIRECTOR 2.0 0.0 X 0 0 0 PETER BRODSKY DIRECTOR 2.0 0.0 X 0 0 0 BOB BRUDERMAN DIRECTOR 2.0 0.0 X 0 0 0 TIM COHAN DIRECTOR 2.0 0.0 X 0 0 0 SCOTT CUTLER DIRECTOR 2.0 0.0 X 0 0 0 KARA DIOGUARDI DIRECTOR 2.0 0.0 X 0 0 0 RELL LAFARGUE DIRECTOR 2.0 0.0 X 0 0 0 MIKE MOLINAR DIRECTOR 2.0 0.0 X 0 0 0 EVELYN PAGLINAWAN DIRECTOR (THRU 6/30/2020) 2.0 0.0 X 0 0 0 1784791 0 56020 7 false true false HFA 40 WALL STREET 6TH FLOOR NEW YORK NY 10005 CONSULTING 7767360 PRYOR CASHMAN LLP 7 TIMES SQUARE NEW YORK NY 10036 LEGAL 2037658 PROPHET BRAND STRATEGIES PO BOX 675279 DETROIT MI 48267 CONSULTING 1106228 ANKURA CONSULTING GROUP LLC 2000 K STREET NW 12TH FLOOR WASHINGTON DC 20006 CONSULTING 850743 SCHROMPSON CONSULTING LTD 11 RED HOUSE LANE WALTON ON THAMES SURREY UK KT12 IEF CONSULTING 455645 10 0 ASSESSMENTS 900099 22800000 22800000 22800000 13877 13877 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22813877 22800000 13877 X 0 0 0 0 1191754 0 1585917 2870 54109 168731 0 2033494 102567 0 0 0 2611889 266964 25708 6225034 0 0 11124 0 1150 0 0 221875 71306 DUES & MEMBERSHIPS 9130 BUSINESS LICENSES 2289 14585911 5474747 12615473 30542 30615 0 0 0 10062 0 0 0 0 0 0 0 0 21329 136076 288461 0 288461 0 0 0 0 0 0 415372 0 0 3501875 5941990 16582562 1419254 3831860 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1419254 3831860 X 4522736 12750702 0 0 4522736 12750702 5941990 16582562 8227966 X false true X false false 0 0 288461 288461 0 288461 DEPOSITS 100000 SOFTWARE DEVELOPMENT, NET 3401875 3501875 0 0 X 33514900 10701023 10701023 22813877 22813877 20764198 6178287 6178287 14585911 14585911 SCHEDULE D, PART X, LINE 2 The Company is organized as a Delaware nonprofit corporation and has been recognized by the Internal Revenue Service (the "IRS") as exempt from federal income taxes under Internal Revenue Code (the "IRC") Section 501(a) as an organization described under IRC Section 501(c)(6). The Company is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Company is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. Management has determined that the Company is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. Management has evaluated the income tax positions taken and concluded that for the period ended December 31, 2020, there are no uncertain positions taken or expected to be taken that would require recognition in the financial statements. The Company is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. In addition, there have been no tax related interest or penalties for the periods presented in these financial statements. Should such penalties and interest be incurred, management's policy would be to recognize them as other operating expenses on the statement of activities. SCHEDULE D, PART XI, LINE 2D $10,701,023 PRIOR YEAR REVENUES INCLUDED IN FINANCIAL STATEMENT SCHEDULE D, PART XII, LINE 2D $6,178,287 PRIOR YEAR EXPENSES INCLUDED IN FINANCIAL STATEMENT X X X false false false KRISTOPHER AHREND CEO 566997 57938 27 7662 0 12852 0 645476 0 0 0 ELLEN TRULEY CHIEF MARKETING OFFICER 240761 24339 27 4350 0 5713 0 275190 0 0 0 MAURICE RUSSELL HEAD OF RIGHTS MANAGEMENT 236916 22745 27 0 0 9754 0 269442 0 0 0 PART VI, SECTION A, LINE 6 - CLASSES OF MEMBERS THERE SHALL BE THREE CLASSES OF MEMBERS: 1. CLASS A MEMBERS - SONGWRITER DIRECTORS OF THE BOARD. 2. CLASS B MEMBERS - ANY PUBLISHER WITH A LICENSOR MARKET SHARE OF AT LEAST FIVE ONE-THOUSANDTHS OF ONE PERCENT. 3. CLASS C MEMBERS - EACH OF THE FIVE PUBLISHERS WITH THE FIVE RESPECTIVE GREATEST LICENSOR MARKET SHARES AMONG ALL PUBLISHERS. PART VI, SECTION A, LINE 7A - SELECTION OF DIRECTORS THE LIBRARIAN OF CONGRESS HAS THE POWER TO APPOINT VOTING DIRECTORS. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990 A DRAFT COPY OF THE FORM 990 IS SUPPLIED BY THE CERTIFIED PUBLIC ACCOUNTING FIRM ("CPA FIRM"), ENGAGED TO PREPARE THE RETURN, AND FORWARDED TO THE CEO, CFO, AND LEGAL TEAM FOR THEIR JOINT REVIEW. UPON REVIEW, ANY PROPOSED CHANGES ARE RELAYED BACK TO THE CPA FIRM AND UPON APPROVAL OF THE FINAL VERSION FROM THE CEO, CFO, AND LEGAL TEAM, THE RETURN IS FILED BY THE CPA FIRM ON BEHALF OF MLC. PART VI, SECTION B, LINE 12C - CONFLICTS OF INTEREST POLICY The Conflict of Interest Policy ("Policy") applies to all directors, officers, committee members and employees (each a "Responsible Person") of Mechanical Licensing Collective (the "Collective"). This Policy establishes guidelines for appropriately managing actual, potential or perceived Conflicts of Interest in accordance with legal requirements and the Collectives goals of accountability and transparency. The Chair of the Board shall, if appropriate, appoint a disinterested person or committee to investigate the market and alternatives to the Transaction, and present such information to the disinterested directors, who shall determine whether a more advantageous alternative Transaction that would not give rise to a Conflict of Interest can be arranged with reasonable effort. The Collective is committed to conducting its operations in accordance with the highest standards of ethics and integrity. This Policy protects the interests of the Collective when it is contemplating entering into a transaction or arrangement that might benefit or appear to benefit the private interest of any Responsible Person, or indirectly benefit a Related Party. Each director and officer shall annually sign a statement which affirms such person: (a) Has received a copy of the Policy; (b) Has read and understands the Policy, (c) Has agreed to comply with the Policy, and (d) Either has no actual or potential conflict to disclose or discloses all relevant facts pursuant to the Policy to allow the Board to determine if a Conflict of Interest exists. all relevant facts pursuant to the Policy to allow the Board to determine if a Conflict of Interest exists. PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST PART VI, SECTION B, LINE 14, DOCUMENT RETENTION THE MLC HAS A STATUTORY OBLIGATION UNDER 17 USC 115(d)(3)(M)(i)TO MAINTAIN CERTAIN RECORDS FOR A PERIOD OF NOT LESS THAN SEVEN YEARS AFTER THE DATE OF CREATION OR RECEIPT, WHICHEVER OCCURS LATER. FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING TOTAL FEES:2221347 FORM 990 PART IX LINE 11G DESCRIPTION:RECRUITING TOTAL FEES:352071 FORM 990 PART IX LINE 11G DESCRIPTION:PAYROLL SERVICES TOTAL FEES:38471