Public Charity

SOUND RECORDING SPECIAL PAYMENTS FUND

SOUND RECORDING SPECIAL PAYMENTS FUND is a nonprofit organization categorized as Public Charity based in NEW YORK, NY. Its most recent IRS filing (2025) reports revenue of $15.8M, expenses of $14.2M, total assets of $23.0M.

EIN: 136180704 NEW YORK, NY Boards of Trade NTEE: S46 Latest filing: 2025
Total Revenue$15.8M
Total Expenses$14.2M
Total Assets$23.0M
Grant Records0
Filing Years2020–2025

Mission

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.

Officers & Directors

AFM - LIAISON (SEE SCH. O) Augustino Gagliardi
AFM - LIAISON (SEE SCH. O) Dave Pomeroy
AFM - LIAISON (SEE SCH. O) David Finck
CHAIR - OVERSIGHT James Harrington
SENIOR ACCOUNTANT Nancy Narvarro
OFFICE MANAGER Paris Gardner

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $15.8M $14.2M $23.0M
2024 $15.0M $13.9M $22.7M
2023 $14.2M $13.3M $21.7M
2021 $10.9M $10.0M $15.0M
2020 $290K $373K $13.4M

Between 2020 and 2025, reported annual revenue grew from $290K to $15.8M (+5345%), with total assets most recently reported at $23.0M.

Interactive year-over-year charts and full filing details available with membership.

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