Overview
What is Music Business Association?
Music Business Association, based in Nashville, Tennessee, serves as a pivotal trade association for the music industry. With a mission to foster dialogue on industry-wide concerns, they actively implement initiatives to boost music commerce and advocate for shared interests. Their membership encompasses a diverse array of companies and individuals, spanning various music distribution channels such as physical, digital, and mobile outlets. They also extend their reach to gaming, applications, merchandise, video, and more. Their activities include conducting research, organizing seminars, and hosting an annual convention for their members. With a team of 12 dedicated professionals, Music Business Association plays a significant role in shaping the music industry landscape.
Official website here: www.musicbiz.org
Is Music Business Association legitimate?
Music Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Music Business Association 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: $225,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $744,928
For more financial information, click here
Official website here: www.musicbiz.org
What is the mission statement of Music Business Association?
The Music Business Association serves as a trade organization, primarily focusing on the music industry. Its central role is to facilitate discussions on industry-wide concerns, spearhead the implementation of initiatives to promote music commerce, and champion common interests. The association caters to a diverse range of members, including companies and individuals from various aspects of music distribution such as physical, digital, and mobile outlets, gaming, applications, merchandise, video, and more. They provide their members with access to a variety of conferences, virtual seminars, networking opportunities, information, and educational resources. The Music Business Association functions as a platform to advocate for the common interests of its members, fostering growth and development within the music industry.
Official website here: www.musicbiz.org
Who is the CEO of Music Business Association?
Portia Sabin is the Chair of Music Business Association.
Official website here: www.musicbiz.org
What is the revenue of Music Business Association?
Music Business Association's revenue in 2022 was $2,472,439.
Official website here: www.musicbiz.org
Who are the executives of Music Business Association and what are their salaries?
The average compensation at Music Business Association during 2022 was $80,827. There are 12 employees and 10 volunteers at Music Business Association.
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- Compensation: $225,380
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- Other: $8,134
Official website here: www.musicbiz.org
Where can I find the form 990 for Music Business Association?
Music Business Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.musicbiz.org
Learn more at the official website: www.musicbiz.org
Mission Statement of Music Business Association
The Music Business Association, as a trade organization, plays a pivotal role in the music industry. Its mission is centered around conducting research, organizing seminars, and hosting an annual convention for its members. Serving as a central platform for industry-wide discussions, the association spearheads the implementation of initiatives to boost music commerce. It advocates for common interests, with its membership encompassing a wide array of companies and individuals from various sectors of music distribution, such as physical, digital, and mobile outlets, as well as gaming, applications, merchandise, video, and more. The association offers its members a plethora of resources, including conferences, virtual seminars, networking opportunities, and educational materials, thereby providing a valuable platform for industry professionals to engage and collaborate.
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Impact
October, 2024
The Music Business Association plays a pivotal role in the music industry by serving as a central platform for addressing industry-wide concerns. Through its research initiatives, seminars, and an annual convention, the association facilitates vital discussions among its members, which include companies and individuals involved in various aspects of music distribution—ranging from physical and digital to mobile and gaming.
By advocating for common interests within the industry, the association contributes to the promotion of music commerce and the implementation of initiatives that benefit its members. Their resources, including conferences and virtual seminars, provide valuable networking opportunities and educational materials, empowering members to navigate the ever-evolving landscape of the music business effectively. The association’s efforts support innovation and growth, ensuring that diverse voices within the industry are represented and heard.
This information is meant to be a general summary of Music Business Association. 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: $149
- Program Service Revenue: $1,622,642
- Gross Receipts: $2,472,439
Assets and Liabilities:
- Total Assets: $1,097,249
- Total Liabilities: $25,955
- Net Assets: $1,071,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES AND CONVENTIONS
Revenue
$1,622,642
Organization Details
Founding Year
1958
Phone
(360) 259-7696Principal Officer
Portia Sabin
Main Address
2133 BELCOURT AVENUE, NASHVILLE, TN, 37212
Website
www.musicbiz.orgNTEE Category
Code: S41 - Community improvement
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