MECHANICAL LICENSING COLLECTIVE (EIN 842642688) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

KRISTOPHER AHREND

Phone

6292408300

Tax Period

2023-01-01 to 2023-12-31

MECHANICAL LICENSING COLLECTIVE, founded in 2019, is a mid-sized nonprofit in the Employment sector that reported $84.7M in total revenue in fiscal year 2023. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.1M, a strong 17% operating margin.

Mission

ADMINISTER MECHANICAL LICENSES AND PROCESS ROYALTIES FOR SONGWRITERS AND MUSIC PUBLISHERS, MAINTAIN MUSICAL WORKS COPYRIGHT OWNERSHIP DATABASE AND EDUCATE THE PUBLIC.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $32,900,000

Investment Income $51,757,502

Other Revenue $0

TOTAL REVENUE $84,657,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,782,186

Fundraising Expenses $0

Other Expenses $56,803,934

TOTAL EXPENSES $70,586,120

Year-over-Year Comparison

	2023	2022	Change
Revenue	$84,657,502	$44,636,158	+0.9%
Expenses	$70,586,120	$43,509,670	+0.6%
Net Income	$14,071,382	$1,126,488	+11.5%

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

Governance

Voting Members

Independent Members

Employees

114

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

$2,406,671

Total Directors

Key Employees

$1,760,872

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTOPHER AHREND	CEO	40.0	Officer	$785,055	$37,369	$822,424
RICHARD THOMPSON	CHIEF TECHNOLOGY OFFICER	40.0	Officer	$525,189	$88,561	$613,750
ILENE WEINTRAUB	CFO	40.0	Officer	$518,288	$43,058	$561,346
ELLEN TRULEY	CHIEF MKTG & EXT AFF OFFICER	40.0	Key Emp	$392,686	$28,728	$421,414
KRISTEN JOHNS	CHIEF LEGAL OFFICER	40.0	Officer	$373,954	$35,197	$409,151
MAURICE RUSSELL	HEAD OF RIGHTS MANAGEMENT	40.0	Key Emp	$285,276	$28,328	$313,604
RAPHAEL AMSELLI	SENIOR DIRECTOR TECHNOLOGY	40.0	Highest	$250,250	$45,645	$295,895
ANDREW MITCHELL	HEAD OF ANALYTICS & AUTOMATION	40.0	Key Emp	$252,057	$33,196	$285,253
LEIGH MCCORKLE	CHIEF PEOPLE OFFICER	40.0	Key Emp	$251,426	$14,486	$265,912
MAKESSA BENJAMIN	HEAD OF MEMBER FINANCE	40.0	Highest	$240,507	$20,151	$260,658
LINDSEY MAJOR	HEAD OF CUSTOMER EXPERIENCE	40.0	Key Emp	$247,946	$9,543	$257,489
NATHAN OSHER	ASST GEN COUN - PUB. RELATIONS	40.0	Highest	$223,941	$32,627	$256,568
DAETWAUN BOGAN	HEAD OF 3RD PARTY PARTNERSHIPS	40.0	Highest	$218,219	$15,463	$233,682
JOYA CARMICHAEL	HEAD OF OPERATIONS	40.0	Key Emp	$208,846	$8,354	$217,200
RICHARD MARSHALL	ASST GEN COUNSEL-DSP RELATIONS	40.0	Highest	$208,564	$8,027	$216,591
ALISA COLEMAN	DIRECTOR/CHAIR OF THE BOARD	10.0	Officer Director	$0	$0	$0
KEVIN KADISH	DIRECTOR/VICE CHAIR	2.0	Officer Director	$0	$0	$0
OAK FELDER	DIRECTOR/SECRETARY	2.0	Officer Director	$0	$0	$0
RELL LAFARGUE	DIRECTOR/TREASURER	2.0	Officer Director	$0	$0	$0
MICHAEL ABITBOL	DIRECTOR	2.0	Director	$0	$0	$0
JEFF BRABEC	DIRECTOR	2.0	Director	$0	$0	$0
BOB BRUDERMAN	DIRECTOR	2.0	Director	$0	$0	$0
TIM COHAN	DIRECTOR	2.0	Director	$0	$0	$0
SCOTT CUTLER	DIRECTOR	2.0	Director	$0	$0	$0
KARA DIOGUARDI	DIRECTOR	2.0	Director	$0	$0	$0
DAVID KOKAKIS	DIRECTOR	2.0	Director	$0	$0	$0
CLAIRE MCAULEY	DIRECTOR	2.0	Director	$0	$0	$0
MIKE MOLINAR	DIRECTOR	2.0	Director	$0	$0	$0
CRAIG WISEMAN	DIRECTOR (THRU 12/6/2023)	2.0	Director	$0	$0	$0
TROY VERGES	DIRECTOR (EFF 12/7/2023)	2.0	Director	$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
2024	No data	No data	No data	No data
2023	$84,657,502	$70,586,120	$1,229,445,353	$14,071,382
2022	$44,636,158	$43,509,670	$954,040,606	$1,126,488
2021	$31,029,910	$26,472,376	$740,209,302	$4,557,534
2020	$22,813,877	$14,585,911	$16,582,562	$8,227,966

MECHANICAL LICENSING COLLECTIVE