AFM & SAG-AFTRA Intellectual Property Rights Distribution Fund
Nonprofit profile at a glance
- EIN
- 954815790
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Valley Village, CA, USA
- Phone
- 8182557980
- Rating confidence
- Limited
- Sector
- Mutual/Membership Benefit N.E.C.
Reported finances
- Revenue
- $84,027,914
- Expenses
- $76,978,659
- Assets
- $204,581,778
- Liabilities
- $77,394,121
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Stefanie Taub (Chief Executive Officer)
Highest reported compensation
- Stefanie Taub (Chief Executive Officer): $447,974 total reported compensation
- Sidney Kibodeaux White (Chief Operating Officer): $353,254 total reported compensation
- Lei Bowen (Chief Financial Officer): $328,419 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The fund collects and distributes royalties on behalf of non-featured instrumental musicians and vocalists.
The AFM & SAG-AFTRA Intellectual Property Rights Distribution Fund distributes royalties and other intellectual property income to eligible members of the American Federation of Musicians (AFM) and SAG-AFTRA. The fund serves performing artists and musicians who have contributed to sound recordings and audiovisual works, ensuring they receive compensation for the use of their performances. It operates as a joint labor-management trust fund, administering collections from various sources including digital streaming, satellite radio, and other licensing platforms.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 71
- Accountability: 95
- Sustainability: 63
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.4%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 2.66; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.38; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 3.1%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 8.2% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 53rd percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 6 of 6 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $448K · 18 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.6M reported
- Consistency: 12 of 12 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 13 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.