| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section B, Line 11b | Disseminated to board for questions and approval. |
| Form 990, Part VI, Section C, Line 19 | All documents can be disclosed upon request. |
| Form 990, Part III, Line 4D - Other Program Services Description | Lobbying the California Assembly for an exemption to recently enacted California Assembly Bill 5 for independent recording to allow independent artists, songwriters, and record labels to remain in California. Monitoring the outcome of an appeal of a decision by the Copyright Royalty Board (CRB) regarding how digital service providers pay out royalties to songwriters, labels, musicians, etc., which took steps toward fairly compensating songwriters and recognizing their contribution to the music industry. |
| Reasonable Cause for Late Filing | We are filing the return after the May 15, 2024 deadline due to the fact that the corporation has switched from a prior accounting firm to the current one with limited time to prepare the return by the May 15th deadline. An extension is being filed to allow the new preparers ample time to review the return and conduct their due diligence. |
| Software ID: | 23017518 |
| Software Version: | 2023v5.1 |