Nonprofit · EIN 53-0260356
MUSIC BUSINESS ASSOCIATION
Also known as PORTIA SABIN
Tax-exempt · NASHVILLE, TN 37212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $2,584,285 | $2,683,502 | -$99,217 | $2,516,142 | $93,354 | $2,422,788 |
| September 30, 2024 | 990 | $2,926,345 | $2,428,884 | $497,461 | $2,667,520 | $145,515 | $2,522,005 |
| September 30, 2023 | 990 | $3,069,550 | $2,116,300 | $953,250 | $2,052,667 | $28,123 | $2,024,544 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $853,938
- Membership dues
- $786,999
- Program service revenue
- $1,668,337
- Investment income
- $62,010
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $669,706
- Other salaries and wages
- $592,379
- Salaries, compensation and benefits (total)
- $1,573,501
- Professional fundraising fees
- $0
- Legal fees
- $63,251
- Accounting fees
- $68,500
- Occupancy
- $33,582
- Travel
- $55,248
- Program services (functional)
- $1,333,325
- Management and general (functional)
- $1,285,119
- Fundraising (functional)
- $65,058
Balance sheet and other
- Total assets, start of year
- $2,667,520
- Total assets, end of year
- $2,516,142
- Total liabilities, end of year
- $93,354
- Net assets, end of year
- $2,422,788
- Publicly traded securities
- $2,087,712
- Net assets without donor restrictions
- $2,422,788
- Gross receipts
- $2,584,285
- Employees
- 10
- Volunteers
- 10
- Year formed
- 1958
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PORTIA SABIN | PRESIDENT Officer, Highest-paid employee | 35 | $338,436 | $52,877 |
| SONYA ASKEW | MEMBERSHIPS & ACADEMIC PARTNERSHIPS DIRECTOR Highest-paid employee | 35 | $164,894 | $27,175 |
| NICOLE HENNESSEY | VP & DIRECTOR OF COMMUNICATIONS Highest-paid employee | 35 | $166,376 | $16,888 |
| THOMAS A TOCHINI | CHIEF OF STAFF & DIRECTOR OF EVENTS Highest-paid employee | 35 | $114,202 | $21,350 |
| BEA KORAMBLYUM | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ANDREEA GLEESON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BRANDON HOLMAN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ALEX HEICHE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MEGAN JOYCE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELLIOT PETERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JANETTE BERRIOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DARIN SOLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSIAH ALBERTSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARCEL JOSEPH JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDREA PASCAL | DIRECTOR Trustee or director | 2 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN PESATURO | DIRECTOR Trustee or director | 2 | $0 |
| JEFF STOLTZ | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL CORCORAN | DIRECTOR Trustee or director | 2 | $0 |
| LAURA PROVENZANO | DIRECTOR Trustee or director | 2 | $0 |
| KELSEY TUBBS | DIRECTOR Trustee or director | 2 | $0 |
| DEVAN SCHULTE | DIRECTOR Trustee or director | 2 | $0 |
| MARK BUTTERWORTH | DIRECTOR Trustee or director | 2 | $0 |
| TRACY CHAN | DIRECTOR Trustee or director | 2 | $0 |
| ERIN CHOI | DIRECTOR Trustee or director | 2 | $0 |
| RICHARD SIDDALL-JONES | DIRECTOR Trustee or director | 2 | $0 |
| TOBAGO BENITO | DIRECTOR Trustee or director | 2 | $0 |
| EMILIO MORALES | DIRECTOR Trustee or director | 2 | $0 |
| SHELLY WESTERHAUSEN | DIRECTOR Trustee or director | 2 | $0 |
| ACE HARRIS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PORTIA SABIN | PRESIDENT Officer, Highest-paid employee | 35 | $357,218 | $19,176 |
| SONYA ASKEW | MEMBERSHIPS & ACADEMIC PARTNERSHIPS DIRECTOR Highest-paid employee | 35 | $148,033 | $10,797 |
| NICOLE HENNESSEY | VP & DIRECTOR OF COMMUNICATIONS Highest-paid employee | 35 | $150,679 | $840 |
| THOMAS TOCHINI | – Highest-paid employee | 35 | $106,440 | $11,055 |
| GINA MILLER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BEA KORAMBLYUM | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TRACY CHAN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ELIMIO MORALES | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MEGAN JOYCE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELLIOT PETERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALBERTO LOPEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LAURA PITTARD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRANDON HOLMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GEORGE WHITE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALYSSA GARCIA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SYDNEY ALSTON BROWN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KRISTEN BENDER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JUSTIN JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEN GLASER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SEAN MCMULLAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TONY ALEXANDER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CARYL ATWOOD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MONICA DAMASHEK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIN CHOI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NINA COLLINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TOBAGO BENITO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHELLY WESTERHAUSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDREEA GLEESON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ACE HARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PORTIA SABIN | PRESIDENT Officer, Highest-paid employee | 35 | $225,414 | $9,324 |
| SONYA ASKEW | MEMBERSHIPS & ACADEMIC PARTNERSHIPS DIRECTOR Highest-paid employee | 35 | $135,009 | $7,990 |
| NICOLE HENNESSEY | VP & DIRECTOR OF COMMUNICATIONS Highest-paid employee | 35 | $137,914 | $1,797 |
| GINA MILLER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LISA ROBINSON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TRACY CHAN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ELIMIO MORALES | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| COREY SHERIDAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRITTANY BENTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JASON TAYLOR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALLISON JONES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARCUS COBB | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GEORGE WHITE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALYSSA GARCIA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SYDNEY ALSTON BROWN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KRISTEN BENDER | DIRECTORY Trustee or director | 2 | $0 | $0 |
| JUSTIN JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEN GLASER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SEAN MCMULLAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TONY ALEXANDER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CARYL ATWOOD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MONICA DAMASHEK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIN CHOI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NINA COLLINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TOBAGO BENITO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANNA BOND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDREEA GLEESON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ACE HARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2133 BELCOURT AVE, NASHVILLE, TN 37212-3503
- Principal officer (990 for 2024)
- PORTIA SABIN, 2133 BELCOURT AVENUE, NASHVILLE, TN 37212
- Signed the 990
- PORTIA SABIN, PRESIDENT
- Phone
- (360) 259-7696
- Website
- www.musicbiz.org
- Return prepared by
- RUOTOLO SPEWAK & CO
Mission
TRADE ORGANIZATION MUSIC BUSINESS DOES RESEARCH, HOLDS SEMINARS AND HAS A CONVENTION EACH YEAR FOR THEIR MEMBERS
Program accomplishments
- THE TRADE ASSOCIATION FOR THE BUSINESS OF MUSIC, PROVIDING THE CENTRAL PLATFORM FOR THE DISCUSSION OF INDUSTRY-WIDE CONCERNS, SPEARHEADING THE IMPLEMENTATION OF INITIATIVES TO PROMOTE MUSIC COMMERCE, AND ADVOCATING FOR COMMON INTERESTS. MEMBERS INCLUDE COMPANIES AND INDIVIDUALS FROM ALL ASPECTS OF MUSIC DISTRIBUTION INCLUDING PHYSICAL, DIGITAL, AND MOBILE OUTLETS AS WELL AS GAMING, APPLICATIONS, MERCHANDISE, VIDEO AND MORE. NARM MEMBERS HAVE ACCESS TO A VARIETY OF CONFERENCES, VIRTUAL SEMINARS, NETWORKING OPPORTUNITIES, INFORMATION AND EDUCATION RESOURCES.Expenses $1,333,325 · revenue $1,668,337
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 53-0260356
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1960
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,516,142
- Income (IRS master file)
- $2,584,285
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $2,584,285 | $2,683,502 | $2,516,142 | XML |
| 990 | September 2024 | $2,926,345 | $2,428,884 | $2,667,520 | XML |
| 990 | September 2023 | $3,069,550 | $2,116,300 | $2,052,667 | XML |
| 990 | September 2022 | $2,472,439 | $1,853,409 | $1,097,249 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 53-0260356).
Questions about MUSIC BUSINESS ASSOCIATION
- What is the EIN of MUSIC BUSINESS ASSOCIATION?
- The employer identification number (EIN) of MUSIC BUSINESS ASSOCIATION is 53-0260356.
- Is MUSIC BUSINESS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1960.
- Are donations to MUSIC BUSINESS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MUSIC BUSINESS ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MUSIC BUSINESS ASSOCIATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MUSIC BUSINESS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of MUSIC BUSINESS ASSOCIATION?
- The 990 for the year ended September 30, 2025 names PORTIA SABIN.
- Who are the officers and directors of MUSIC BUSINESS ASSOCIATION?
- The 990 for the year ended September 30, 2025 lists 29 people; 4 received compensation from the organization, the highest $338,436 (PORTIA SABIN, PRESIDENT).
- How much revenue does MUSIC BUSINESS ASSOCIATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $2,584,285, expenses of $2,683,502 and total assets of $2,516,142 at year end.
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