RECORDING MUSICIANS ASSOCIATION OF THE US & CANADA

EIN: 222455867

BURBANK, CA

Total Revenue
$375,163
Total Expenses
$378,801
Total Assets
$319,287
Net Assets
$315,401
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
CA
Principal Officer
LARA WICKES
Phone
3234624762
Tax Period
2025-01-01 to 2025-12-31

RECORDING MUSICIANS ASSOCIATION OF THE US & CANADA, founded in 1969, is a small nonprofit that reported $375K in total revenue in fiscal year 2025. Revenue surged 344% from the prior year, signaling strong growth momentum.

Mission

UNITING PROFESSIONAL MUSICIANS

Program Service Accomplishments

Program 1

UNITING INTO A COMMON ORGANIZATION THOSE ENGAGED PROFESSIONALLY AS RECORDING MUSICIANS OR OTHERWISE INTERESTED IN THE LIVELIHOOD AND WELFARE OF PROFESSIONAL MUSICIANS

Program 2

COUNSELING THE LIVELIHOOD AND WELFARE OF PROFESSIONAL RECORDING MUSICIANS

Program 3

PROMOTING THE LIVELIHOOD AND WELFARE OF PROFESSIONAL RECORDING MUSICIANS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $58,515
Program Service Revenue $316,340
Investment Income $308
Other Revenue $0
TOTAL REVENUE $375,163

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,927
Fundraising Expenses $0
Other Expenses $348,874
TOTAL EXPENSES $378,801

Year-over-Year Comparison

2025 2024 Change
Revenue $375,163 $84,408 +3.4%
Expenses $378,801 $108,214 +2.5%
Net Income $-3,638 $-23,806 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
P BLAKE COOPER 1ST VICE PRE N/A
Director
$0 $0 $0
ALLEN FOGLE SECRETARY N/A
Director
$0 $0 $0
DYLAN SKYE HART DIRECTOR N/A
Director
$0 $0 $0
AMY HERSHBERGER DIRECTOR N/A
Director
$0 $0 $0
SIDNEY HOPSON DIRECTOR N/A
Director
$0 $0 $0
DAVID HORNE DIRECTOR N/A
Director
$0 $0 $0
SONGA LEE DIRECTOR N/A
Director
$0 $0 $0
AARON SMITH DIRECTOR N/A
Director
$0 $0 $0
IRINA VOLOSHINA DIRECTOR N/A
Director
$0 $0 $0
DIANA WADE DIRECTOR N/A
Director
$0 $0 $0
MARTIN MCCLELLAN TREASURER N/A
Officer
$0 $0 $0
JOEL PARGMAN 2ND VICE PRE N/A
Officer
$0 $0 $0
LARA WICKES PRESIDENT N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $375,163 $378,801 $319,287 $-3,638
2024 No data No data No data No data
2023 $67,195 $79,076 $344,272 $-11,881
2022 $59,553 $68,739 $357,395 $-9,186
2021 $62,628 $72,050 $368,810 $-9,422
2020 $58,391 $62,783 $376,267 $-4,392
2019 $88,204 $93,992 $381,491 $-5,788
2018 $81,278 $114,412 $388,668 $-33,134
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