Soundexchange Inc
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Program 1
THE ORGANIZATION REPRESENTS RECORDING ARTISTS AND MASTER SOUND RECORDING RIGHTS OWNERS, INCLUDING MAJOR AND INDEPENDENT RECORD LABELS, FOR THE COLLECTION AND DISTRIBUTION OF ROYALTIES FOR PUBLIC PERFORMANCE OF THEIR WORK ON NON-INTERACTIVE DIGITAL RADIO SERVICES. IN THIS CAPACITY, SOUNDEXCHANGE: -DISTRIBUTED MORE THAN $6.9 BILLION DOLLARS IN ROYALTIES TO RECORDING ARTISTS AND RIGHTS OWNERS. -DISTRIBUTES ROYALTIES TO APPROXIMATELY 202,000 RECORDING ARTISTS', MASTER RIGHTS OWNERS' ACCOUNTS. -RECEIVED MORE THAN 34,000 RECORDING ARTIST OR MASTER RIGHTS OWNER ACCOUNT REGISTRATIONS IN 2019. -WITH AN ADMIN RATE OF 4.8% (AUDITED) FOR 2019, THE LOWEST ADMINISTRATIVE RATE OF ANY SOUND RECORDING CMO WORLDWIDE. -DISTRIBUTES ROYALTIES TO RECORDING ARTISTSMASTER RIGHTS OWNERS' ACCOUNTS ON A MONTHLY BASIS, AND WE CAN PAY OUT THE VAST MAJORITY OF ROYALTIES WITHIN 45 DAYS OF RECEIPT. -WE ARE ULTIMATELY ABLE TO DISTRIBUTE MORE THAN 96% OF ROYALTIES COLLECTED TO RECORDING ARTISTSMASTER RIGHTS OWNERS' ACCOUNTS.
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Financials
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Operations
The people, governance practices, and partners that make the organization tick.
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Connect with nonprofit leaders
SubscribeBuild relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.
- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
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This organization has no recorded board members.