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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Sound Recording Special Payments Fund

Sound Recording Special Payments Fund

Fiscal year ending 2024. Filed on January 14, 2025.

150 East 52nd Street Suite 24001
New York, New York 10022

Sound Recording Special Payments Fund (EIN: 13-6180704) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Sound Recording Special Payments Fund, a 501(c)(6) business league, reported compensation for 6 out of 11,062 total employees. Among the employees shown here, the average compensation is $230,464. The highest compensated employee at Sound Recording Special Payments Fund is Robert Dipaola with fiscal year 2024 compensation of $388,167.

Revenue, expenses, and employee compensation

Revenue

$15,003,291

Expenses

$13,867,372

Employee compensation

$1,665,832
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Dipaola
Fund Administrator
$388,167
$341,335 No related comp$46,832
Syed Ali
Director of It/Systems
$287,612
$220,984 No related comp$66,628
Vincent Visconti
Database Architect
$254,157
$187,229 No related comp$66,928
Nancy Narvarro
Senior Accountant
$160,568
$119,014 No related comp$41,554
Susan Wyllie
Musicians' INFO SVCS Manager
$146,243
$119,221 No related comp$27,022
Paris Gardner
Manager
$146,039
$118,814 No related comp$27,225

Benchmark Employee Compensation

Non-Employee Board Members

Augustino Gagliardi
AFM - Liaison (SEE SCH O)
Dave Pomeroy
AFM - Liaison (SEE SCH O)
David Finck
AFM - Liaison (SEE SCH O)
James Harrington
Chair - Oversight
Raymond M Hair Jr Thru 923
AFM - Liaison (SEE SCH O)

Mission Statement

DEDICATED TO COLLECT AND TO DISTRIBUTE RESIDUAL PAYMENTS TO MUSICIANS AS A RESULT OF THEIR CRAFTSMANSHIP IN CREATING SOUND RECORDINGS. WE ARE COMMITTED TO OPERATE WITH INTEGRITY AND PROFICIENTLY, TO PROVIDE EXCEPTIONAL SERVICE TO MUSICIANS AND TO ADAPT TO CHANGES IN THE MUSIC INDUSTRY AS IT EVOLVES.

Revisions to this organization profile

January 14, 2025:
2024 Sound Recording Special Payments Fund 990 filed
February 13, 2024:
2023 Sound Recording Special Payments Fund 990 filed
December 13, 2022:
2022 Sound Recording Special Payments Fund 990 filed

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