Sag-Aftra & Industry Sound Recordings Distribution Fund

Organization Overview

Sag-Aftra & Industry Sound Recordings Distribution Fund is located in Valley Village, CA. The organization was established in 2015. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sag-Aftra & Industry Sound Recordings Distribution Fund is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Sag-Aftra & Industry Sound Recordings Distribution Fund generated $13.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $19.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ESTABLISHED FOR THE PURPOSE OF RECEIVING AND DISTRIBUTING PAYMENTS IN ACCORDANCE WITH THE SAG-AFTRA NATIONAL CODE OF FAIR PRACTICE FOR SOUND RECORDINGS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COLLECTION OF ROYALTIES BASED UPON REVENUES FROM THE PERMANENT AND NON-PERMANENT DIGITAL DOWNLOAD OF SOUND RECORDINGS AND THE EXPLOITATION OF MUSIC VIDEOS BY PERMANENT AND NON-PERMANENT (TETHERED) DIGITAL DOWNLOADS AND STREAMING, AS WELL AS FROM AUDIO STREAMING OF SOUND RECORDINGS NOT SUBJECT TO COMPULSORY LICENSING.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$13,391,577
Investment income $212,559
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,604,136

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