MECHANICAL LICENSING COLLECTIVE: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: MECHANICAL LICENSING COLLECTIVE (EIN 84-2642688)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-17
IRS object ID: 202523219349300932
Schema version: 2024v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule F
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-17T09:27:51-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WITHUMSMITHBROWNPC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1800 TYSONS BLVD SUITE 800	AddressLine1Txt
City	TYSONS	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22102	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	842642688	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MECHANICAL LICENSING COLLECTIVE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% RICHARD MARSHALL	InCareOfNm
Business Name Control	MECH	BusinessNameControlTxt
Phone	6292408300	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	333 11TH AVENUE SOUTH Suite 200	AddressLine1Txt
City	NASHVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37203	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KRIS AHREND	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	6292408300	PhoneNum
Signature	2025-11-17	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICHARD RUVELSON	PreparerPersonNm
PTIN	P00234075	PTIN
Phone	3012726000	PhoneNum
Preparation	2025-11-17	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KRIS AHREND	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	333 11TH AVENUE SOUTH STE 200	AddressLine1Txt
City	NASHVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37203	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$111,325,211	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	www.TheMLC.com	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2019	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	ADMINISTER MECHANICAL LICENSES AND PROCESS ROYALTIES FOR SONGWRITERS AND MUSIC PUBLISHERS, MAINTAIN MUSICAL WORKS COPYRIGHT OWNERSHIP DATABASE AND EDUCATE THE PUBLIC.	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	14	VotingMembersIndependentCnt
Total Employee	120	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$32,900,000	PYProgramServiceRevenueAmt
CY Program Service Revenue	$39,050,000	CYProgramServiceRevenueAmt
PY Investment Income	$51,757,502	PYInvestmentIncomeAmt
CY Investment Income	$72,275,211	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$84,657,502	PYTotalRevenueAmt
CY Total Revenue	$111,325,211	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$13,782,186	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$15,645,661	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$56,803,934	PYOtherExpensesAmt
CY Other Expenses	$70,536,173	CYOtherExpensesAmt
PY Total Expenses	$70,586,120	PYTotalExpensesAmt
CY Total Expenses	$86,181,834	CYTotalExpensesAmt
PY Revenues Less Expenses	$14,071,382	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$25,143,377	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,229,445,353	TotalAssetsBOYAmt
Total Assets EOY	$1,419,879,405	TotalAssetsEOYAmt
Total Liabilities BOY	$1,196,743,342	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,358,515,542	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$32,702,011	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$61,363,863	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	ADMINISTER MECHANICAL LICENSES AND PROCESS ROYALTIES FOR SONGWRITERS AND MUSIC PUBLISHERS, MAINTAIN MUSICAL WORKS COPYRIGHT OWNERSHIP DATABASE AND EDUCATE THE PUBLIC.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	ADMINISTRATION OF BLANKET MECHANICAL LICENSES TO DIGITAL MUSIC PROVIDERS (DMP'S); COLLECTION, MATCHING, AND DISTRIBUTION OF ROYALTIES RECEIVED FROM DMP'S; CONTINUED PLANNING AND IMPLEMENTATION FOR LICENSE AND ROYALTY ADMINISTRATION OPERATIONS; WORK ON REGULATORY MEASURES TO SUPPORT LICENSE AND ROYALTY ADMINISTRATION OPERATIONS; INDUSTRY SUPPORT AND COORDINATION.	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	7013	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	120	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	14	GoverningBodyVotingMembersCnt
Independent Voting Member	14	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	RICHARD MARSHALL	PersonNm
Phone	6292408300	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	333 11TH AVENUE SOUTH SUITE 200	AddressLine1Txt
City	NASHVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37203	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
KRIS AHREND
CEO	40.0	0.0	Yes (X)	$815,740	$0	$35,579
RICHARD THOMPSON
CTO	40.0	0.0	Yes (X)	$558,064	$0	$91,924
ILENE WEINTRAUB
CFO	40.0	0.0	Yes (X)	$558,252	$0	$41,935
ELLEN TRULEY
CHIEF MKTG & EXT AFF OFFICER	40.0	0.0		$459,400	$0	$29,417	Yes (X)
LINDSEY MAJOR
CHIEF MBR EXPERIENCE OFFICER	40.0	0.0		$307,567	$0	$19,105	Yes (X)
ANDREW MITCHELL
CHIEF ANALYT & AUTOM OFFICER	40.0	0.0		$290,240	$0	$33,611	Yes (X)
MAURICE RUSSELL
HEAD OF RIGHTS MANAGEMENT	40.0	0.0		$291,548	$0	$30,203	Yes (X)
RAPHAEL AMSELLI
SENIOR DIRECTOR TECHNOLOGY	40.0	0.0		$274,471	$0	$46,587		Yes (X)
LEIGH MCCORKLE
CHIEF PEOPLE OFFICER	40.0	0.0		$259,115	$0	$17,724	Yes (X)
RICHARD MARSHALL
GENERAL COUNSEL (EFF. 6/30/24)	40.0	0.0	Yes (X)	$262,877	$0	$10,598
JOYA CARMICHAEL
CHIEF ADMINISTRATION OFFICER	40.0	0.0		$261,048	$0	$10,559	Yes (X)
MAKESSA BENJAMIN
HEAD OF MEMBER FINANCE	40.0	0.0		$246,944	$0	$21,214		Yes (X)
NATHAN OSHER
ASST GEN COUN - PUB. RELATIONS	40.0	0.0		$231,811	$0	$35,044		Yes (X)
MARGARET EGGERS
CONTROLLER	40.0	0.0		$231,120	$0	$17,817		Yes (X)
DAETWAUN BOGAN
HEAD OF 3RD PARTY PARTNERSHIPS	40.0	0.0		$224,957	$0	$16,445		Yes (X)
KRISTEN JOHNS
CHIEF LEGAL OFF.(THRU 6/30/24)	40.0	0.0	Yes (X)	$173,863	$0	$18,291
ALISA COLEMAN
DIRECTOR/CHAIR OF THE BOARD	40.0	0.0	Yes (X)	$0	$0	$0			Yes (X)
KEVIN KADISH
DIRECTOR/VICE CHAIR	2.0	0.0	Yes (X)	$0	$0	$0			Yes (X)
OAK FELDER
DIRECTOR/SECRETARY	2.0	0.0	Yes (X)	$0	$0	$0			Yes (X)
RELL LAFARGUE
DIRECTOR/TREASURER	2.0	0.0	Yes (X)	$0	$0	$0			Yes (X)
MICHAEL ABITBOL
DIRECTOR	2.0	0.0		$0	$0	$0			Yes (X)
JEFF BRABEC
DIRECTOR	2.0	0.0		$0	$0	$0			Yes (X)
BOB BRUDERMAN
DIRECTOR	2.0	0.0		$0	$0	$0			Yes (X)
TIM COHAN
DIRECTOR	2.0	0.0		$0	$0	$0			Yes (X)
SCOTT CUTLER
DIRECTOR	2.0	0.0		$0	$0	$0			Yes (X)
KARA DIOGUARDI
DIRECTOR	2.0	0.0		$0	$0	$0			Yes (X)
DAVID KOKAKIS
DIRECTOR	2.0	0.0		$0	$0	$0			Yes (X)
CLAIRE MCAULEY
DIRECTOR	2.0	0.0		$0	$0	$0			Yes (X)
MIKE MOLINAR
DIRECTOR (THRU 10/25/2024)	2.0	0.0		$0	$0	$0			Yes (X)
JASON RYS
DIRECTOR (EFF 10/25/2024)	2.0	0.0		$0	$0	$0			Yes (X)
TROY VERGES
DIRECTOR	2.0	0.0		$0	$0	$0			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,447,017	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$476,053	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	44	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
HFA
152 West 57th Street 57th Floor	NEW YORK	NY	10019	CONSULTING	$10,910,463
PRYOR CASHMAN LLP
7 TIMES SQUARE	NEW YORK	NY	10036	LEGAL FEES	$2,470,089
HIGHSPRING LLC DBA VACO LLC
5501 VIRGINIA WAY SUITE 120	BRENTWOOD	TN	37027	TEMP. STAFF/RECRUIT	$1,714,851
PAUL WEISS RIFKIND WHARTON GAR
1285 AVENUE OF THE AMERICAS	NEW YORK	NY	100196064	LEGAL FEES	$1,035,357
GUPTA MEDIA HOLDINGS
200 BERKELEY STREET 7TH FLOOR	BOSTON	MA	02116	DIGITAL MEDIA SERVIC	$275,000

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	13	CntrctRcvdGreaterThan100KCnt
Total Contributions	$0	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	ASSESSMENTS	Desc
Business	900099	BusinessCd
Total Revenue Column	$39,050,000	TotalRevenueColumnAmt
Related Or Exempt Func Income	$39,050,000	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$39,050,000	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$72,275,211	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$72,275,211	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$111,325,211	TotalRevenueColumnAmt
Related Or Exempt Func Income	$39,050,000	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$72,275,211	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$4,584,537	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$9,026,950	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$259,038	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$826,658	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$948,478	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$4,843,320	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$678,650	TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$75,000	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,243,985	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,276,075	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$435,064	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$12,430,451	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$671,763	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$540,137	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$517,249	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,781,166	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$585,989	TotalAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	ROYALTY INTEREST EXPENSE	Desc
Total	$44,457,324	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$86,181,834	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$7,744,155	BOYAmt
EOY	$5,944,542	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$981,491	BOYAmt
EOY	$1,815,897	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$637,489	BOYAmt
EOY	$713,115	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,546,768	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$502,722	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,147,691	BOYAmt
EOY	$1,044,046	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,212,282,220	BOYAmt
EOY	$1,405,583,682	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,066,482	BOYAmt
EOY	$757,568	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$4,585,825	BOYAmt
EOY	$4,020,555	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,229,445,353	BOYAmt
EOY	$1,419,879,405	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,283,469	BOYAmt
EOY	$2,494,268	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$5,335,956	BOYAmt
EOY	$2,523,489	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,190,123,917	BOYAmt
EOY	$1,353,497,785	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,196,743,342	BOYAmt
EOY	$1,358,515,542	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$32,702,011	BOYAmt
EOY	$61,363,863	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$32,702,011	BOYAmt
EOY	$61,363,863	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,229,445,353	BOYAmt
EOY	$1,419,879,405	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$25,143,377	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$3,518,475	NetUnrlzdGainsLossesInvstAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	false	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
CY Minus3 Yr Endwmt Fund		CYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt Fund		CYMinus4YrEndwmtFundGrp
Land		LandGrp
Buildings		BuildingsGrp

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,410,603	OtherCostOrOtherBasisAmt
Depreciation	$434,054	DepreciationAmt
Book Value	$976,549	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$31,501	OtherCostOrOtherBasisAmt
Depreciation	$21,001	DepreciationAmt
Book Value	$10,500	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$104,664	OtherCostOrOtherBasisAmt
Depreciation	$47,667	DepreciationAmt
Book Value	$56,997	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,044,046	TotalBookValueLandBuildingsAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	SEE SUPPLEMENTAL PAGE	Desc
Amt	$1,353,497,785	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,353,497,785	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$114,843,686	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$3,518,475	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$3,518,475	RevenueNotReportedAmt
Revenue Subtotal	$111,325,211	RevenueSubtotalAmt
Total Revenue Per Form990	$111,325,211	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$86,181,834	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$86,181,834	ExpensesSubtotalAmt
Total Expenses Per Form990	$86,181,834	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE D, PART X - OTHER LIABILITIES

DESCRIPTION BOOK VALUE ----------- ----------- PREPAID ROYALTY & ASSESSMENT PAYMENTS RECEIVED 107,865,202 HISTORICAL UNMATCHED ROYALTIES 207,727,006 BLANKET ROYALTIES TO BE DISTRIBUTED: ------------------------------------ BLANKET MATCHED ROYALTIES DISTRIBUTABLE NEXT DISTRIBUTION 99,983,752 BLANKET ROYALTY ADJUSTMENTS TO BE PROCESSED 287,773,306 BLANKET ROYALTY ADJUSTMENTS TO BE DEBITED (31,943,276) BLANKET ROY ADJ TO BE CREDITED TO DMPS UPON RECOVERY 32,525,859 ---------- SUBTOTAL 388,339,641 BLANKET ROYALTIES PENDING AFTER DISTRIBUTION: --------------------------------------------- BLANKET UNMATCHED ROYALTIES 306,604,766 BLANKET UNCLAIMED ROYALTIES 238,626,743 BLANKET HELD ROYALTIES 27,159,803 ----------- SUBTOTAL 572,391,312 BLANKET ROYALTIES ADJUSTMENTS PENDING AFTER DISTRIBUTION: --------------------------------------------------------- BLANKET UNMATCHED ROYALTY ADJUSTMENTS 1,261,353 BLANKET UNCLAIMED ROYALTY ADJUSTMENTS 562,298 BLANKET HELD ROYALTY ADJUSTMENTS 130,218 ---------- SUBTOTAL 1,953,869 ACCRUED INTEREST - HISTORICAL AND BLANKET ROYALITES 69,927,897 LEASE LIABILITY 5,292,858 ----------- TOTAL OTHER LIABILITIES 1,353,497,785

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 year ended December 31, 2024 and 2023, 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 year ended December 31, 2024 and 2023, 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 F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)	6	Program Services	SEE PART V	$1,846,841
North America	1	Program Services	SEE PART V	$175,645
South America	0	Program Services	SEE PART V	$15,322
East Asia and the Pacific	1	Program Services	SEE PART V	$500

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	8	SubtotalEmployeesCnt
Total Office	0	TotalOfficeCnt
Total Employee	8	TotalEmployeeCnt
Subtotal Spent	$2,038,308	SubtotalSpentAmt
Total Spent	$2,038,308	TotalSpentAmt
Transfer To Foreign Corp	false	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE F, PART I, LINE 3(1) - PROGRAM SERVICES UNDERTAKEN IN REGION	FormAndLineReferenceDesc
Explanation	MLC EMPLOYEES BASED IN THE UK PROVIDE TECHNOLOGY AND DATA MANAGEMENT SERVICES RELATED TO THE MLC'S MEMBER PORTAL, DATABASE, AND ROYALTY DISTRIBUTION PROCESS; AND PROVIDE OUTREACH, EDUCATION, AND SUPPORT SERVICES TO MEMBERS AND PROSPECTIVE MEMBERS OF THE MLC BASED OUTSIDE THE UNITED STATES. VENDORS BASED IN EUROPE PROVIDE DATA MATCHING, TAX, AND OUTREACH/EDUCATION SERVICES FOR THE MLC. VENDORS BASED IN NORTH AMERICA PROVIDE FRAUD PREVENTION, CUSTOMER DUE DILIGENCE, AND TRANSLATION SERVICES FOR THE MLC. VENDORS BASED IN SOUTH AMERICA PROVIDE OUTREACH/EDUCATION SERVICES FOR THE MLC. VENDORS BASED ON EAST ASIA & PACIFIC PROVIDE TRANSLATION SERVICES FOR THE MLC.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KRIS AHREND
CEO	$739,142	$0	$76,598	$0	$0	$0	$13,800	$0	$22,379	$0	$851,919	$0	$0	$0
RICHARD THOMPSON
CTO	$506,188	$0	$51,876	$0	$0	$0	$0	$0	$92,524	$0	$650,588	$0	$0	$0
ILENE WEINTRAUB
CFO	$505,388	$0	$52,864	$0	$0	$0	$13,800	$0	$28,735	$0	$600,787	$0	$0	$0
ELLEN TRULEY
CHIEF MKTG & EXT AFF OFFICER	$416,355	$0	$43,045	$0	$0	$0	$13,800	$0	$16,217	$0	$489,417	$0	$0	$0
LINDSEY MAJOR
CHIEF MBR EXPERIENCE OFFICER	$278,834	$0	$28,733	$0	$0	$0	$11,950	$0	$8,149	$0	$327,666	$0	$0	$0
ANDREW MITCHELL
CHIEF ANALYT & AUTOM OFFICER	$262,227	$0	$28,013	$0	$0	$0	$11,882	$0	$23,095	$0	$325,217	$0	$0	$0
MAURICE RUSSELL
HEAD OF RIGHTS MANAGEMENT	$263,629	$0	$27,919	$0	$0	$0	$10,038	$0	$20,765	$0	$322,351	$0	$0	$0
RAPHAEL AMSELLI
SENIOR DIRECTOR TECHNOLOGY	$249,586	$0	$24,885	$0	$0	$0	$1,742	$0	$45,445	$0	$321,658	$0	$0	$0
LEIGH MCCORKLE
CHIEF PEOPLE OFFICER	$234,956	$0	$24,159	$0	$0	$0	$9,466	$0	$8,858	$0	$277,439	$0	$0	$0
RICHARD MARSHALL
GENERAL COUNSEL (EFF. 6/30/24)	$238,529	$0	$24,348	$0	$0	$0	$10,481	$0	$1,047	$0	$274,405	$0	$0	$0
JOYA CARMICHAEL
CHIEF ADMINISTRATION OFFICER	$236,875	$0	$24,173	$0	$0	$0	$10,442	$0	$617	$0	$272,107	$0	$0	$0
MAKESSA BENJAMIN
HEAD OF MEMBER FINANCE	$223,679	$0	$23,265	$0	$0	$0	$10,056	$0	$12,488	$0	$269,488	$0	$0	$0
NATHAN OSHER
ASST GEN COUN - PUB. RELATIONS	$209,091	$0	$22,720	$0	$0	$0	$7,931	$0	$27,713	$0	$267,455	$0	$0	$0
MARGARET EGGERS
CONTROLLER	$209,317	$0	$21,803	$0	$0	$0	$9,052	$0	$10,067	$0	$250,239	$0	$0	$0
DAETWAUN BOGAN
HEAD OF 3RD PARTY PARTNERSHIPS	$204,018	$0	$20,939	$0	$0	$0	$8,708	$0	$8,337	$0	$242,002	$0	$0	$0
KRISTEN JOHNS
CHIEF LEGAL OFF.(THRU 6/30/24)	$173,863	$0	$0	$0	$0	$0	$7,000	$0	$11,891	$0	$192,754	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 2A/2B AND PART VII - EMPLOYEES OF THE ORGANIZATION	Mechanical Licensing Collective employees are reported for tax payroll filings by a Professional Employer Organization engaged by MLC and the PEO files all payroll tax returns and W-2's for MLC's employees under the PEO's and federal identification number. Form 990 instructions state that MLC shall treat the employees of the PEO as their own employees as common law employees under state law. The compensated employees that are officers, key employees and constitute the top five highly compensated employees over $100,000 are reported on Part VII and Schedule J, as applicable, of MLC's and compensation and benefits for the employees are reflected on Part XI lines 5 - 10 on MLC's Form 990.
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 7B - GOVERNANCE DECISIONS RESERVED TO MEMBERS	DELAWARE LAW REQUIRES MEMBER APPROVAL FOR CERTAIN MAJOR CORPORATE ACTIONS, SUCH AS MERGER, DISSOLUTION, OR AMENDING THE CERTIFICATE OF INCORPORATION. THE BYLAWS REQUIRE MEMBER APPROVAL TO CHANGE CERTAIN SECTIONS OF THE BYLAWS THEMSELVES.
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 Collective's 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.
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.
PART VI, SECTION B, LINES 15A/B	THE BOARD COMPENSATION COMMITTEE REVIEWS OTHER ORGANIZATIONS' FORM 990 AND USES A COMPENSATION STUDY OR SURVEY TO DETERMINE COMPENSATION. THE COMPENSATION COMMITTEE APPROVES INCREASES FOR OFFICERS AND KEY EMPLOYEES IF THE INCREASE IS MORE THAN THE COMPANY ANNUAL INCREASE FOR EMPLOYEES AT THE BEGINNING OF THE YEAR OR ARE NOT CONTRACTUAL.
PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS	THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.