Civic Intelligence

Television Music License Committee LLC

EIN 13-3212090 • 501(c)6 • New York, NY

Profile

The television music license committee represents full power commercial local television stations in the united states in their negotiations for industry-wide music performance rights.

PO Box 4521New York, NY 10163

www.tvmlc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

8th percentile

0.02x

Higher debt load relative to revenue than 8% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Source year 2024

Net Margin

94th percentile

56%

Higher net margin than 94% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$331,739

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

501(c)6 • $25M-$50M nonprofits • Source year 2024

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-3.7%

Faster revenue growth than 16% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$31,658,262

Up $4,199,281 (+15%) from 2023

Liabilities

Down

$89,600

Down $251,134 (-74%) from 2023

Net Assets

Up

$31,568,662

Up $4,450,415 (+16%) from 2023

Operations
Liabilities / Revenue8th percentileNet Margin94th percentile

Revenue

Down

$5,094,825

Down $196,975 (-3.7%) from 2023

Expenses

Down

$2,258,076

Down $98,925 (-4.2%) from 2023

Net Income

Down

$2,836,749

Down $98,050 (-3.3%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$20M$0-$20MAssets 2011: $2,807,878Liabilities 2011: $2,792,657Net Assets 2011: $15,2212011Assets 2012: $546,142Liabilities 2012: $9,706,133Net Assets 2012: -$9,159,9912012Assets 2013: $477,285Liabilities 2013: $9,844,899Net Assets 2013: -$9,367,6142013Assets 2014: $280,158Liabilities 2014: $8,103,220Net Assets 2014: -$7,823,0622014Assets 2015: $9,855,341Liabilities 2015: $466,980Net Assets 2015: $9,388,3612015Assets 2016: $10,290,595Liabilities 2016: $433,057Net Assets 2016: $9,857,5382016Assets 2017: $12,722,234Liabilities 2017: $386,624Net Assets 2017: $12,335,6102017Assets 2018: $14,744,519Liabilities 2018: $161,350Net Assets 2018: $14,583,1692018Assets 2019: $19,581,329Liabilities 2019: $185,576Net Assets 2019: $19,395,7532019Assets 2020: $21,361,740Liabilities 2020: $513,121Net Assets 2020: $20,848,6192020Assets 2021: $24,760,743Liabilities 2021: $115,088Net Assets 2021: $24,645,6552021Assets 2022: $23,769,584Liabilities 2022: $1,082,100Net Assets 2022: $22,687,4842022Assets 2023: $27,458,981Liabilities 2023: $340,734Net Assets 2023: $27,118,2472023Assets 2024: $31,658,262Liabilities 2024: $89,600Net Assets 2024: $31,568,6622024

Highlighted filing

2024

Assets$31,658,262
Liabilities$89,600
Net Assets$31,568,662
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $4,050,591Expenses 2011: $7,347,826Net Income 2011: -$3,297,2352011Revenue 2012: $4,995,029Expenses 2012: $14,170,241Net Income 2012: -$9,175,2122012Revenue 2013: $4,891,736Expenses 2013: $5,099,359Net Income 2013: -$207,6232013Revenue 2014: $3,995,884Expenses 2014: $2,451,332Net Income 2014: $1,544,5522014Revenue 2015: $20,382,111Expenses 2015: $3,091,942Net Income 2015: $17,290,1692015Revenue 2016: $4,383,281Expenses 2016: $3,977,121Net Income 2016: $406,1602016Revenue 2017: $4,260,987Expenses 2017: $1,952,247Net Income 2017: $2,308,7402017Revenue 2018: $4,485,140Expenses 2018: $1,895,082Net Income 2018: $2,590,0582018Revenue 2019: $6,251,987Expenses 2019: $2,152,215Net Income 2019: $4,099,7722019Revenue 2020: $4,477,343Expenses 2020: $3,521,318Net Income 2020: $956,0252020Revenue 2021: $5,905,109Expenses 2021: $2,094,950Net Income 2021: $3,810,1592021Revenue 2022: $2,050,312Expenses 2022: $1,846,252Net Income 2022: $204,0602022Revenue 2023: $5,291,800Expenses 2023: $2,357,001Net Income 2023: $2,934,7992023Revenue 2024: $5,094,825Expenses 2024: $2,258,076Net Income 2024: $2,836,7492024

Highlighted filing

2024

Revenue$5,094,825
Expenses$2,258,076
Net Income$2,836,749
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$31,658,262
Liabilities
$89,600
Net assets
$31,568,662
Revenue
$5,094,825
Expenses
$2,258,076
Net income
$2,836,749
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.7$0.09$31.6$5.09$2.26$2.84
2023Detailed filing. Detailed filing data is available for this year.$27.5$0.34$27.1$5.29$2.36$2.93
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$1.08$22.7$2.05$1.85$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$0.12$24.6$5.91$2.09$3.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.4$0.51$20.8$4.48$3.52$0.96
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$0.19$19.4$6.25$2.15$4.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$0.16$14.6$4.49$1.90$2.59
2017Detailed filing. Detailed filing data is available for this year.$12.7$0.39$12.3$4.26$1.95$2.31
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$0.43$9.86$4.38$3.98$0.41
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.86$0.47$9.39$20.4$3.09$17.3
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.28$8.10$7.82$4.00$2.45$1.54
2013Detailed filing. Detailed filing data is available for this year.$0.48$9.84$9.37$4.89$5.10$0.21
2012Summary only. Only limited summary data is available for this year.$0.55$9.71$9.16$5.00$14.2$9.18
2011Summary only. Only limited summary data is available for this year.$2.81$2.79$0.02$4.05$7.35$3.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$5,704,161
Mission and Program Overview

Mission

The television music license committee represents full power commercial local television stations in the united states in their negotiations for industry-wide music public performance rights.

The primary exempt purpose of the television music license committee, llc is to represent mutual interests of united states local, full power television stations to procure music performance copyright licenses from the performing rights organizations representing television composers and publishers. To achieve this objective the organization solicits contributions from television stations and conducts negotiations including any industry-wide litigation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$17,566,494$18,996,857▲ $1,430,363
Investments Other Securities$7,721,185$8,437,094▲ $715,909
Cash and Non-Interest-Bearing Accounts$2,171,302$3,078,907▲ $907,605
Pledges and Grants Receivable$0$1,145,404▲ $1,145,404
Total Assets$27,458,981$31,658,262▲ $4,199,281
Liabilities
Accounts Payable and Accrued Expenses$340,734$89,600▼ $251,134
Total Liabilities$340,734$89,600▼ $251,134
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$27,118,247$30,858,194▲ $3,739,947
Net Assets With Donor Restrictions$0$710,468▲ $710,468
Total Net Assets Fund Balance$27,118,247$31,568,662▲ $4,450,415
Total Liabilities and Net Assets / Fund Balance$27,458,981$31,658,262▲ $4,199,281

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$8,437,094--
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet MchughPresident and CEOFT$266,787$64,952$331,739
Tee PawasittichotSenior Director of OperatiFT$129,193$3,876$133,069

Board Members and Trustees

NameTitle
David AmyChairman
Richard GrahamVice Chairman
Jane MarshallExecutive Committee Member
Ralph BenderExecutive Committee Member
Amy PittengerMember
Arya TowfighiMember
Brad SmithMember
Brian RoofMember
Chris ReedMember
Dave GilesMember
David FlanzerMember
Ellenann YelvertonMember
Jon AllenMember
Mark RobinsonMember
Randy BradfordMember
Scott BonillaMember
Leona MccarthySecretary
Paul YatesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Compass LexeconConsulting Services105 COLLEGE ROAD EAST, Princeton, NJ 08540$583,598
Mayer BrownLegal Counsel230 SOUTH LASALLE STREET, Chicago, IL 60604$431,766
Music Reports INC (mri)Consulting/research Services21700 OXNARD STREET STE 1400, Woodland Hills, CA 91367$299,566
NielsenData Provider675 AVENUE OF THE AMERICAS 4TH FLO, New York, NY 10010$180,027
Merrill LynchInvestment Advisors901 DULANEY VALLEY RD SUITE 516, Towson, MD 21204$130,336
Revenue and Support

Revenue Composition

Contributions and Grants
$4,658,113
Program Service Revenue
$0
Investment Income
$436,712
Other Revenue
$0
All Other Contributions
$4,658,113
Change in Net Assets
$2,836,749

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,094,825
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,613,666
Total Revenue per Audited Statements
$6,708,491
Total Revenue per Form 990
$5,094,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,733,816
Salaries, Compensation, and Employee Benefits$524,260
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$880,431$50,621-$931,052
Other Salaries and Wages$322,000$149,617-$471,617
Fees for Services Legal-$469,314-$469,314
Conferences and Meetings$92,144--$92,144
Insurance-$47,131-$47,131
Occupancy$44,393--$44,393
Other Employee Benefits$25,389$2,455-$27,844
Payroll Taxes$18,463$6,336-$24,799
Information Technology$6,800$1,633-$8,433
Office Expenses-$3,999-$3,999
Other Expenses$0$3,318-$3,318
Total Functional Expenses$1,495,341$762,735$0$2,258,076

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,258,076
Total Expenses per Audited Statements$2,258,076
Total Expenses per Form 990$2,258,076
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$36,000
Total Nondeductible Lobbying and Political Cost$36,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is an llc whose only member is television music license committee, inc.”

Form 990, Part VI, Section A, Line 7A

“The board of directors of television music license committee, inc are the trustees of television music license committee, llc. Television music license committee, inc is the sole member of television music license committee, llc.”

Form 990, Part VI, Section A, Line 7B

“The board of directors of television music license committee, inc are the trustees of television music license committee, llc. Television music license committee, inc is the sole member of television music license committee, llc.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by the organization's independent third party auditor and reviewed by the president/ceo, and the treasurer of tvmlc. A copy of the tax report is forwarded to the treasurer of tvmlc after the return has been filed.”

Form 990, Part VI, Section B, Line 12C

“Tvmlc reviews its conflict of interest policy annually at our committee meeting and requests each committee member to sign off on adherence to the policy annually.”

Form 990, Part VI, Section B, Line 15

“The board reviews compensation of key employees based on historical compensation data and available data from similar size/type organizations, qualifications, and position requirements.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the stations it represents through its board of directors and upon request of any station it is authorized to represent in industry-wide negotiations.”

Filing and Contact Details

Filer

Filer Name
Television Music License Committee LLC
EIN
13-3212090
Phone
2123089040
Address
PO BOX 4521, NEW YORK, NY 10163

Signing Officer

Name
Janet Mchugh
Title
President and CEO
Phone
2123089040
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janet Mchugh
Formed
2008
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
2
Volunteers
24

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
11155 RED RUN BLVD STE 410, OWINGS MILLS, MD 21117
Preparer
Douglas Russenberger
Phone
4104159700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting fees: program service expenses 93,940. Management and general expenses 0. Fundraising expenses 0. Total expenses 93,940. Research fees: program service expenses 786,491. Management and general expenses 0. Fundraising expenses 0. Total expenses 786,491. Professional fees: program service expenses 0. Management and general expenses 50,621. Fundraising expenses 0. Total expenses 50,621.”

Form 990, Part XII, Line 2C

“The process of oversight of the independent audit is the same as in prior years. The executive committee and the board treasurer have oversight responsibility of the audit process.”

Financial Statement Notes

PART X, LINE 2:

“The committee recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Management has determined that the committee had no uncertain tax positions that would require financial statement recognition as of december 31, 2024 and 2023.”

Raw XML AppendixShowing 400 of 521 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE PRIMARY EXEMPT PURPOSE OF THE TELEVISION MUSIC LICENSE COMMITTEE, LLC IS TO REPRESENT MUTUAL INTERESTS OF UNITED STATES LOCAL, FULL POWER TELEVISION STATIONS TO PROCURE MUSIC PERFORMANCE COPYRIGHT LICENSES FROM THE PERFORMING RIGHTS ORGANIZATIONS REPRESENTING TELEVISION COMPOSERS AND PUBLISHERS. TO ACHIEVE THIS OBJECTIVE THE ORGANIZATION SOLICITS CONTRIBUTIONS FROM TELEVISION STATIONS AND CONDUCTS NEGOTIATIONS INCLUDING ANY INDUSTRY-WIDE LITIGATION.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
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IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt193876
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IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm2LEONA MCCARTHY
IRS990/Form990PartVIISectionAGrp/PersonNm3PAUL YATES
IRS990/Form990PartVIISectionAGrp/PersonNm4RALPH BENDER
IRS990/Form990PartVIISectionAGrp/PersonNm5JON ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID FLANZER
IRS990/Form990PartVIISectionAGrp/PersonNm7RANDY BRADFORD
IRS990/Form990PartVIISectionAGrp/PersonNm8ELLENANN YELVERTON
IRS990/Form990PartVIISectionAGrp/PersonNm9BRAD SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm10AMY PITTENGER
IRS990/Form990PartVIISectionAGrp/PersonNm11ARYA TOWFIGHI
IRS990/Form990PartVIISectionAGrp/PersonNm12SCOTT BONILLA
IRS990/Form990PartVIISectionAGrp/PersonNm13JANE MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVE GILES
IRS990/Form990PartVIISectionAGrp/PersonNm15CHRIS REED
IRS990/Form990PartVIISectionAGrp/PersonNm16MARK ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm17BRIAN ROOF
IRS990/Form990PartVIISectionAGrp/PersonNm18JANET MCHUGH
IRS990/Form990PartVIISectionAGrp/PersonNm19TEE PAWASITTICHOT
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt19SENIOR DIRECTOR OF OPERATI
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-338169
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0271167
IRS990/GrossReceiptsAmt05704161
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndoorTanningServicesInd00
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IRS990/InformationTechnologyGrp/ProgramServicesAmt06800
IRS990/InformationTechnologyGrp/TotalAmt08433
IRS990/InsuranceGrp/ManagementAndGeneralAmt047131
IRS990/InsuranceGrp/TotalAmt047131
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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE TELEVISION MUSIC LICENSE COMMITTEE REPRESENTS FULL POWER COMMERCIAL LOCAL TELEVISION STATIONS IN THE UNITED STATES IN THEIR NEGOTIATIONS FOR INDUSTRY-WIDE MUSIC PERFORMANCE RIGHTS.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0CORPORATE BONDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt01613666
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05094825
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMMITTEE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE COMMITTEE HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AS OF DECEMBER 31, 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalRevenuePerForm990Amt05094825
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02258076
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/PaymentsForUseOfResidenceInd0X

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