MECHANICAL LICENSING COLLECTIVE
NASHVILLE, TN 37203 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $111,325,211 | $86,181,834 | $61,363,863 |
| FY2023 | $84,657,502 | $70,586,120 | $32,702,011 |
| FY2022 | $44,636,158 | $43,509,670 | $9,951,520 |
| FY2021 | $31,029,910 | $26,472,376 | $15,396,470 |
| FY2020 | $22,813,877 | $14,585,911 | $12,750,702 |
| FY2019 | $10,701,023 | $6,178,287 | $4,522,736 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $39,050,000 | 100% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Net assets covered about 8.5 months of expenses at the end of the reporting year. That puts it in the 39th percentile among 83 Employment organizations in TN.
- Total revenue was higher than 101.2% of 84 Employment organizations in TN.
- Total revenue rose from $10,701,023 in FY2019 to $111,325,211 in FY2024, Revenue increased in 5 and decreased in 0 of 5 year-over-year comparisons.
- Revenue covered expenses in each of the 6 reported years, FY2019 to FY2024.
- Net assets grew from $4,522,736 to $61,363,863 between FY2019 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
ADMINISTER MECHANICAL LICENSES AND PROCESS ROYALTIES FOR SONGWRITERS AND MUSIC PUBLISHERS, MAINTAIN MUSICAL WORKS COPYRIGHT OWNERSHIP DATABASE AND EDUCATE THE PUBLIC.
IRS status
| Ruling year | 2020 |
| Subsection | 501(c)(6) |
| Program area (NTEE) | J02 — Employment |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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