2023-05-10T16:01:40-05:00 2022-12-31 451135289 BD & COMPANY INC 11155 RED RUN BLVD STE 410 OWINGS MILLS MD 21117 990 2022-01-01 133212090 TELEVISION MUSIC LICENSE COMMITTEE LLC TELE 2123089040 PO BOX 4521 NEW YORK NY 10163 JANET MCHUGH PRESIDENT AND CEO 2123089040 2023-05-10 1 JANET MCHUGH 999009999 0 DOUGLAS RUSSENBERGER P01338068 4104159700 2023-05-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JANET MCHUGH PO BOX 4521 NEW YORK NY 10163 2745401 0 X WWW.TVMLC.COM X 2008 NY 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. 17 17 2 0 0 0 4940156 2285258 0 0 964953 -234946 0 0 5905109 2050312 0 0 0 0 465717 497670 0 0 0 1629233 1348582 2094950 1846252 3810159 204060 24760743 23769584 115088 1082100 24645655 22687484 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. 0 0 1028165 THE COMMITTEE NEGOTIATES ON BEHALF OF THE LOCAL TELEVISION BROADCAST INDUSTRY FOR MUSIC PERFORMANCE LICENSES WITH ASCAP, BMI, AND SESAC. 1028165 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X THE ORGANIZATION 2123089040 PO BOX 4521 NEW YORK NY 10163 DAVID AMY CHAIRMAN 1.00 X X 0 0 0 JAMES MACDERMOTT VICE CHAIRMAN 1.00 X X 0 0 0 LEONA MCCARTHY SECRETARY 1.00 X X 0 0 0 RICHARD GRAHAM TREASURER 1.00 X X 0 0 0 RALPH BENDER EXECUTIVE COMMITTEE MEMBER 1.00 X 0 0 0 CATHY HEPPLER MEMBER 1.00 X 0 0 0 DORIS JONES MEMBER 1.00 X 0 0 0 RANDY BRADFORD MEMBER 1.00 X 0 0 0 RICHARD BURNS MEMBER 1.00 X 0 0 0 BRAD SMITH MEMBER 1.00 X 0 0 0 DAVID KENEIPP MEMBER 1.00 X 0 0 0 HEIDI SCHMID-WHITING EXECUTIVE COMMITTEE MEMBER 1.00 X 0 0 0 ARYA TOWFIGHI MEMBER 1.00 X 0 0 0 SCOTT BONILLA EXECUTIVE COMMITTEE MEMBER 1.00 X 0 0 0 PAUL YATES EXECUTIVE COMMITTEE MEMBER 1.00 X 0 0 0 LARRY GIELE MEMBER 1.00 X 0 0 0 BRIAN ROOF MEMBER 1.00 X 0 0 0 JANET MCHUGH PRESIDENT AND CEO 40.00 X 309000 0 0 TEE PAWASITTICHOT SENIOR DIRECTOR OF OPERATIONS 40.00 X 124000 0 0 433000 0 0 2 0 1 0 MAYER BROWN 230 SOUTH LASALLE STREET CHICAGO IL 60604 LEGAL COUNSEL 421303 COMPASS LEXECON 105 COLLEGE ROAD EAST PRINCETON NJ 08540 CONSULTING SERVICES 199631 MERRILL LYNCH 901 DULANEY VALLEY RD SUITE 516 TOWSON MD 21204 INVESTMENT ADVISORS 121006 STAR MEDIA RESEARCH 1080 BELCHER RD DUNEDIN FL 34698 SOFTWARE DEVELOPERS 106528 4 2285258 2285258 460143 460143 695089 -695089 -695089 -695089 2050312 0 0 -234946 X 433000 309000 124000 33984 31778 2206 30686 30686 453090 453090 523008 445891 77117 7395 7395 65736 63850 1886 59685 42527 17158 1428 1428 45995 45995 TRAVEL AND ENTERTAINMEN 89113 83009 6104 MISCELLANEOUS EXPENSE 88740 52110 36630 DUES AND SUBSCRIPTIONS 11872 0 11872 EQUIPMENT LEASE 2520 0 2520 1846252 1028165 818087 0 4991780 2631803 4282 3759 1951 523 12575621 14073299 7191391 7063959 24760743 23769584 115088 158520 0 923580 115088 1082100 X 24645655 22687484 24645655 22687484 24760743 23769584 204060 -2162231 0 X X 0 1 X 1 0 0 0 0 2285258 48000 48000 48000 4282 3759 523 523 CORPORATE BONDS 7063959 F 7063959 DEPOSITS 923580 923580 X -111919 -2162231 -2162231 2050312 0 2050312 1846252 0 1846252 0 1846252 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. X 0 1 X X X 0 0 0 JANET MCHUGH PRESIDENT AND CEO 270000 0 39000 0 0 0 0 0 0 0 309000 0 0 0 PART I, LINE 1A THE REIMBURSEMENTS FOR THE BUSINESS USE OF A PERSONAL RESIDENCE IS ONLY APPLICABLE FOR THE SENIOR DIRECTOR OF OPERATIONS. NO OTHER EMPLOYEES OF THE ORGANIZATION RECEIVE REIMBURSEMENTS FOR THE BUSINESS USE OF THEIR PERONAL RESIDENCE. THE ORGANIZATION DOES NOT HAVE A WRITTEN POLCY HOWEVER AN EXPENSE REPORT IS REQUIRED WHICH INCLUDES SUBSTANTIATION OF THE REIMBURSEMENT AMOUNTS PRIOR TO ANY AMOUNTS BEING REIMBURSED. 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. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 56,534. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,534. RESEARCH FEES: PROGRAM SERVICE EXPENSES 389,357. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 389,357. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 77,117. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 77,117. 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.