Overview
What is Alliance Of Artists And Recording Companies?
Alliance of Artists and Recording Companies (AARC) is a U.S.-based, non-profit organization dedicated to safeguarding the worldwide home-taping, rental, and lending rights for renowned recording artists and sound recording copyright owners, commonly known as record labels. Although established in the United States, AARC represents and advocates for the interests of artists and copyright owners residing worldwide. Despite the information available being limited, it's evident that AARC serves as a royalty collector, ensuring that the rights of featured artists and record labels are protected and upheld globally. The operations of AARC were eventually handed over to SoundExchange, as indicated in the provided data.
Official website here: www.aarcroyalties.com
Is Alliance Of Artists And Recording Companies legitimate?
Alliance Of Artists And Recording Companies is a legitimate nonprofit organization registered as a 501(c)(6) entity. Alliance Of Artists And Recording Companies submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,596
For more financial information, click here
Official website here: www.aarcroyalties.com
What is the mission statement of Alliance Of Artists And Recording Companies?
The Alliance of Artists and Recording Companies (AARC) serves as a non-profit organization in the United States, serving as a royalty collective that safeguards the worldwide hometaping (private copy), rental, and lending rights for featured recording artists and sound recording copyright owners, commonly known as record labels. Despite being based in the U.S., AARC represents the interests of featured artists and copyright owners globally. Although the operations of AARC have been wound down, its remaining assets were transferred to SoundExchange, ensuring that the protection of artists' rights continues.
Official website here: www.aarcroyalties.com
Who is the CEO of Alliance Of Artists And Recording Companies?
Timothy Dadson is the Chairman of Alliance Of Artists And Recording Companies.
Official website here: www.aarcroyalties.com
What is the revenue of Alliance Of Artists And Recording Companies?
Alliance Of Artists And Recording Companies's revenue in 2022 was $461,152.
Official website here: www.aarcroyalties.com
Who are the executives of Alliance Of Artists And Recording Companies and what are their salaries?
The average compensation at Alliance Of Artists And Recording Companies during 2022 was $36,865. There are 3 employees and 4 volunteers at Alliance Of Artists And Recording Companies.
Here are 6 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $180,835
- Related: $0
- Other: $16,062
- Compensation: $258,530
- Related: $0
- Other: $33,011
Official website here: www.aarcroyalties.com
Where can I find the form 990 for Alliance Of Artists And Recording Companies?
Alliance Of Artists And Recording Companies's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aarcroyalties.com
Learn more at the official website: www.aarcroyalties.com
Mission Statement of Alliance Of Artists And Recording Companies
The Alliance of Artists and Recording Companies (AARC) serves as a non-profit organization, acting as a collective that safeguards the worldwide hometaping (private copy), rental, and lending rights for featured recording artists and sound recording copyright owners, often referred to as record labels. Despite being a U.S.-based organization, AARC represents and advocates for the interests of these artists and copyright owners residing globally. Although the operations of AARC were eventually wound down, its remaining assets were transferred to SoundExchange, ensuring that its mission continues to some extent.
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Impact
October, 2024
The Alliance of Artists and Recording Companies (AARC) played a significant role in advocating for the rights of featured recording artists and sound recording copyright owners, primarily focusing on issues related to hometaping, rental, and lending rights. By representing artists and labels both in the U.S. and internationally, AARC helped ensure that creators received fair compensation for the private use and distribution of their work.
Through its efforts, AARC contributed to the protection of artists' intellectual property and strengthened the framework within which royalties were collected and distributed. Although the organization has wound down its operations and transferred its remaining assets to SoundExchange, its impact on the music industry remains evident in the ongoing conversations around copyright protection, artist rights, and the importance of equitable remuneration for creators in an ever-evolving digital landscape. The legacy of AARC underscores the significance of collective advocacy in addressing the challenges faced by recording artists and ensuring their rights are preserved.
This information is meant to be a general summary of Alliance Of Artists And Recording Companies. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$184
- Program Service Revenue: $461,336
- Gross Receipts: $461,667
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$461,336
Organization Details
Founding Year
1993
Phone
(202) 864-4636Principal Officer
Timothy Dadson
Main Address
733 10TH ST NW 10TH FL, WASHINGTON, DC, 20001
Website
www.aarcroyalties.comNTEE Category
Code: A40 - Arts
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