SOUNDEXCHANGE INC

As filed

Subsection

06

NTEE code

S40

Classification

2000

Street

733 10TH STREET NW 10TH FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• SOUNDEXCHANGE PROVIDES A FULL SUITE OF INNOVATIVE TECHNOLOGY SOLUTIONS FOR THE ENTIRE MUSIC INDUSTRY, SERVING LABELS, ARTISTS, PRODUCERS, AND PUBLISHERS. INDEPENDENTLY FORMED IN 2003 TO BUILD A FAIRER, SIMPLER, AND MORE EFFICIENT MUSIC INDUSTRY, SOUNDEXCHANGE COLLECTS AND DISTRIBUTES DIGITAL PERFORMANCE ROYALTIES ON BEHALF OF MORE THAN 749,000 RECORDING ARTISTS AND SOUND RECORDING RIGHTS OWNERS AND GROWING. THROUGH PROPRIETARY MUSIC TECH SOLUTIONS, SOUNDEXCHANGE TRANSFORMS BILLIONS OF LINES OF MUSIC STREAMING DATA INTO ACCURATE AND TIMELY REVENUE, WITH 90% OF ROYALTIES PAID OUT WITHIN 45 DAYS OF RECEIPT. SOUNDEXCHANGE HAS PAID OUT MORE THAN $11 BILLION TO CREATORS SINCE ITS INCEPTION.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $95,229,752

  Expenses

  $87,410,926

  Contributions

  $0

  Grants paid

  $29,000

• 2023

  Revenue

  $99,235,665

  Expenses

  $81,387,347

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $80,022,837

  Expenses

  $76,735,490

  Contributions

  $0

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $68,696,516

  Expenses

  $67,251,701

  Assets (EOY)

  $739,346,856

• 2020 · 990

  Revenue

  $62,047,984

  Expenses

  $61,935,976

  Assets (EOY)

  $722,546,752

• 2019 · 990

  Revenue

  $66,777,189

  Expenses

  $62,378,660

  Assets (EOY)

  $696,901,194

• 2018 · 990

  Revenue

  $68,273,280

  Expenses

  $57,785,089

  Assets (EOY)

  $679,657,161

• 2017 · 990

  Revenue

  $63,607,709

  Expenses

  $57,738,723

  Assets (EOY)

  $566,013,803

• 2016 · 990

  Revenue

  $56,442,753

  Expenses

  $53,636,360

  Assets (EOY)

  $528,492,746

• 2015 · 990

  Revenue

  $47,876,057

  Expenses

  $46,125,561

  Assets (EOY)

  $479,947,302

• 2014 · 990

  Revenue

  $42,457,320

  Expenses

  $42,210,138

  Assets (EOY)

  $431,620,766

• 2013 · 990

  Revenue

  $34,799,129

  Expenses

  $34,451,660

  Assets (EOY)

  $438,678,370

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $25,669,401

  Assets (EOY)

  $394,954,142

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• MUSICARES

  $29,000

  2024 · EVENT SPONSORSHIP

Where these grants went next →

Grants received

• CORPORATION FOR PUBLIC BROADCASTING

  $2,125,000

  2025 · OSS

• CORPORATION FOR PUBLIC BROADCASTING

  $800,000

  2024 · OSS

• CORPORATION FOR PUBLIC BROADCASTING

  $800,000

  2023 · OSS

• CORPORATION FOR PUBLIC BROADCASTING

  $800,000

  2022 · OSS

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files