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Film Muscians Secondary Markets Fund

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$142M (2023)

Expenses
$125M (2023)

Total Assets
$172M (2023)

Total Liabilities
$11.7M (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$142,289,095
Expenses
$125,014,565
Net Income
$17,274,530
Net Assets
$160,339,278
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $139,813,233
98.3%
Investment Income $2,594,915
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$119,053
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $442,722
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,186,365
2.5%
Assets/Debt
Total Assets $172,086,111
Total Liabilities $11,746,833
Net Assets $160,339,278
Compensation
Key Employees and Officers Compensation Related Other
Kim Roberts Hedgpeth (Executive Director) $362,523 $0 $66,519
Brian C Sickles (Coo) $196,690 $0 $56,472
Jennifer Grasmick (Comptroller) $176,314 $0 $43,080
Edward Wilkinson (Dir. App. & Soft. Develop.) $162,014 $0 $30,161
James Cope (Dir. Contract Compliance) $140,423 $0 $0
Richard Vann (Sr. Dir. App. Software Dev.) $137,940 $0 $28,255
Carol Lombardini (Chairperson Oversight) $0 $0 $0
Jane Lee (Member Oversight) $0 $0 $0
Ray Hair (Afm Liaison) $0 $0 $0
Pete Anthony (Afm Liaison) $0 $0 $0
Gene Cadiente (Member Oversight) $0 $0 $0
Tom Calderaro (Afm Liaison) $0 $0 $0

Document Links

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$129,340,280
Expenses
$121,267,260
Net Income
$8,073,020
Net Assets
$143,033,835
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $128,906,251
99.7%
Investment Income $439,879
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,850
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $426,540
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,327,597
2.7%
Assets/Debt
Total Assets $152,319,457
Total Liabilities $9,285,622
Net Assets $143,033,835
Compensation
Key Employees and Officers Compensation Related Other
Kim Roberts Hedgpeth (Executive Director) $362,523 $0 $64,017
Brian C Sickles (Coo) $177,297 $0 $52,358
Jennifer Grasmick (Comptroller) $174,014 $0 $41,982
Edward Wilkinson (Dir. App. & Soft. Develop.) $155,741 $0 $28,750
Christopher Kuhrt (Dir. Participant Services) $128,951 $0 $25,828
James Cope (Dir. Contract Compliance) $128,862 $0 $30,750
Carol Lombardini (Chairperson Oversight) $0 $0 $0
Jane Lee (Member Oversight) $0 $0 $0
Gena Downey (Member Oversight Former) $0 $0 $0
Ray Hair (Afm Liaison) $0 $0 $0
Rick Baptist (Afm Liaison Former) $0 $0 $0
Pete Anthony (Afm Liaison) $0 $0 $0
Gene Cadiente (Member Oversight) $0 $0 $0
Tom Calderaro (Afm Liaison) $0 $0 $0

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$124,540,655
Expenses
$113,848,330
Net Income
$10,692,325
Net Assets
$135,675,043
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $122,957,979
98.7%
Investment Income $639,880
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $942,796
0.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $440,265
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,366,424
3.0%
Assets/Debt
Total Assets $145,080,232
Total Liabilities $9,405,189
Net Assets $135,675,043
Compensation
Key Employees and Officers Compensation Related Other
Kim Roberts Hedgpeth (Executive Director) $373,467 $0 $64,573
Barbara Delucia (Deputy Executive Director) $193,022 $0 $44,084
Jennifer Grasmick (Comptroller) $176,035 $0 $42,216
Brian C Sickles (Coo) $171,256 $0 $51,835
Edward Wilkinson (Dir. App. & Soft. Develop.) $161,130 $0 $28,913
Shieta Black (Finance & Hr) $155,008 $0 $41,674
Carol Lombardini (Chairperson Oversight) $0 $0 $0
Jane Lee (Member Oversight) $0 $0 $0
Gena Downey (Member Oversight) $0 $0 $0
Ray Hair (Afm Liaison) $0 $0 $0
Rick Baptist (Afm Liaison) $0 $0 $0
Pete Anthony (Afm Liaison) $0 $0 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$112,026,196
Expenses
$116,677,315
Net Income
-$4,651,119
Net Assets
$125,631,801
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $109,582,528
97.8%
Investment Income $2,327,571
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $116,097
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $426,108
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,312,329
2.8%
Assets/Debt
Total Assets $132,120,729
Total Liabilities $6,488,928
Net Assets $125,631,801
Compensation
Key Employees and Officers Compensation Related Other
Roberts Hedgpeth Kim (Executive Director) $362,469 $0 $61,948
Delucia Barbara (Deputy Executive Director) $170,552 $0 $33,289
Grasmick Jennifer (Comptroller) $163,171 $0 $44,448
Wilkinson Edward (Dir. App. & Soft. Develop.) $146,847 $0 $33,772
Cope Iv James R (Director Contract Compliance) $120,251 $0 $35,227
Kuhrt Christopher (Director Participant Services) $118,914 $0 $24,290
Betha Sasidhar (Lead Full Stack Engineer) $112,718 $0 $42,027
Leblanc Nicole (Administrative Counsel) $111,668 $0 $25,767
Jacob Chandy (Lead Software Engineer) $105,594 $0 $41,898
Sickles Brian C (Director Of Operations) $90,615 $0 $23,726
Lombardini Carol (Chairperson Oversight) $0 $0 $0
Lee Jane (Member Oversight) $0 $0 $0
Downey Gena (Member Oversight) $0 $0 $0
Hair Ray (Afm Liaison) $0 $0 $0
Baptist Rick (Afm Liaison) $0 $0 $0
Anthony Pete (Afm Liaison) $0 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$115,672,017
Expenses
$105,743,717
Net Income
$9,928,300
Net Assets
$129,489,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $113,652,488
98.3%
Investment Income $2,130,009
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$110,480
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $418,672
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,031,711
2.9%
Assets/Debt
Total Assets $136,346,159
Total Liabilities $6,857,087
Net Assets $129,489,072
Compensation
Key Employees and Officers Compensation Related Other
Roberts Hedgpeth Kim (Executive Director) $358,241 $0 $58,110
Grasmick Jennifer (Comptroller) $159,434 $0 $37,371
Delucia Barbara (Deputy Executive Director) $158,170 $0 $27,838
Wilkinson Edward (Dir. App. & Soft. Develop.) $143,586 $0 $25,373
Chiu Thanh (Director It/Systems) $128,613 $0 $24,090
Cope Iv James R (Director Contract Compliance) $120,792 $0 $25,536
Betha Sasidhar (Lead Full Stack Engineer) $116,915 $0 $41,402
Kuhrt Christopher (Director Participant Services) $115,170 $0 $22,695
Leblanc Nicole (Administrative Counsel) $106,491 $0 $21,901
Jacob Chandy (Lead Software Engineer) $105,977 $0 $32,044
Lombardini Carol (Chairperson Oversight) $0 $0 $0
Lee Jane (Member Oversight) $0 $0 $0
Slaughter Bormann Ovette (Member Oversight) $0 $0 $0
Ray Hair (Afm Liaison) $0 $0 $0
Rick Baptist (Afm Liaison) $0 $0 $0
Pete Anthony (Afm Liaison) $0 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$107,444,752
Expenses
$99,640,780
Net Income
$7,803,972
Net Assets
$119,062,199
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $106,244,204
98.9%
Investment Income $1,184,171
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,377
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $400,613
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,877,561
2.9%
Assets/Debt
Total Assets $125,608,857
Total Liabilities $6,546,658
Net Assets $119,062,199
Compensation
Key Employees and Officers Compensation Related Other
Roberts Hedgpeth Kim (Executive Director) $335,403 $0 $56,697
Delucia Barbara (Deputy Executive Director) $153,161 $0 $28,298
Grasmick Jennifer (Comptroller) $151,037 $0 $43,559
Wilkinson Edward (Dir. App. & Soft. Develop.) $139,414 $0 $25,811
Chiu Thanh (Director It/Systems) $132,663 $0 $23,501
Cope Iv James R (Director Contract Compliance) $112,508 $0 $23,257
Betha Sasidhar (Lead Full Stack Engineer) $110,778 $0 $42,276
Kuhrt Christopher (Director Participant Services) $110,409 $0 $23,477
Jacob Chandy (Lead Software Engineer) $108,223 $0 $36,635
Leblanc Nicole (Administrative Counsel) $105,258 $0 $26,536
Lombardini Carol (Chairperson Oversight) $0 $0 $0
Lee Jane (Member Oversight) $0 $0 $0
Slaughter Bormann Ovette (Member Oversight) $0 $0 $0
Ray Hair (Afm Liaison) $0 $0 $0
Rick Baptist (Afm Liaison) $0 $0 $0
Pete Anthony (Afm Liaison) $0 $0 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$101,040,639
Expenses
$94,220,198
Net Income
$6,820,441
Net Assets
$111,596,436
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $100,074,518
99.0%
Investment Income $785,517
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $180,604
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $397,063
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,812,139
3.0%
Assets/Debt
Total Assets $117,574,233
Total Liabilities $5,977,797
Net Assets $111,596,436
Compensation
Key Employees and Officers Compensation Related Other
Roberts Hedgpeth Kim (Executive Director) $346,783 $0 $56,539
Delucia Barbara (Deputy Director) $154,393 $0 $26,313
Grasmick Jennifer (Comptroller) $153,637 $0 $38,959
Wilkinson Edward (Dir. App. & Sys. Develop.) $138,751 $0 $24,127
Chiu Thanh (Director It/Facilities) $126,120 $0 $22,527
Betha Sasidhar (Lead Full Stack Engineer) $113,162 $0 $34,706
Cope Iv James R (Director Contract Compliance) $112,097 $0 $22,675
Kuhrt Christopher (Director Participant Services) $107,205 $0 $24,167
Jacob Chandy (Supervisor App.& Sys.Develop) $103,932 $0 $31,077
Lombardini Carol (Chairperson Oversight) $0 $0 $0
Lee Jane (Member Oversight) $0 $0 $0
Slaughter Bormann Ovette (Member Oversight) $0 $0 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$93,974,679
Expenses
$91,848,495
Net Income
$2,126,184
Net Assets
$105,167,589
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $93,438,433
99.4%
Investment Income $565,974
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$29,728
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $387,547
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,637,971
2.9%
Assets/Debt
Total Assets $109,637,103
Total Liabilities $4,469,514
Net Assets $105,167,589
Compensation
Key Employees and Officers Compensation Related Other
Roberts Hedgpeth Kim (Executive Director) $342,635 $0 $52,508
De Lucia Barbara (Deputy Director) $153,122 $0 $27,063
Grasmick Jennifer (Comptroller) $151,649 $0 $35,315
Wilkinson Edward (Dir. App. & Sys. Develop.) $135,336 $0 $22,655
Chiu Thanh (Director It/Facilities) $133,675 $0 $21,605
Cope Iv James R (Director Contract Compliance) $114,676 $0 $21,817
Kuhrt Christopher (Director Participant Services) $113,201 $0 $20,237
Jacob Chandy (Supervisor App.& Sys.Develop) $103,445 $0 $28,194
Lombardini Carol (Chairperson Oversight) $0 $0 $0
Lee Jane (Member Oversight) $0 $0 $0
Slaughter Bormann Ovette (Member Oversight) $0 $0 $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$93,658,510
Expenses
$86,311,216
Net Income
$7,347,294
Net Assets
$102,989,183
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $93,049,068
99.3%
Investment Income $492,225
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $117,217
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $331,508
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,484,525
2.9%
Assets/Debt
Total Assets $106,939,704
Total Liabilities $3,950,521
Net Assets $102,989,183
Compensation
Key Employees and Officers Compensation Related Other
Dreith Dennis (Fund Administrator (Former)) $224,180 $281,601 $34,656
Roberts Hedgpeth Kim (Executive Director) $203,885 $0 $31,043
De Lucia Barbara (Deputy Director) $149,167 $0 $24,017
Grasmick Jennifer (Comptroller) $145,728 $0 $33,855
Wilkinson Edward (Dir. App. & Sys. Develop.) $130,238 $0 $21,184
Chiu Thanh (Director It/Facilities) $113,923 $0 $18,375
Cope Iv James R (Director Contract Compliance) $107,889 $0 $19,695
Lombardini Carol (Chairperson Oversight Comm.) $0 $0 $0
Lee Jane (Member Oversight) $0 $0 $0
Slaughter Bormann Ovette (Member Oversight) $0 $0 $0

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$87,256,406
Expenses
$88,649,727
Net Income
-$1,393,321
Net Assets
$95,528,168
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $86,560,500
99.2%
Investment Income $573,952
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $121,954
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $395,442
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,332,242
2.6%
Assets/Debt
Total Assets $99,697,060
Total Liabilities $4,168,892
Net Assets $95,528,168
Compensation
Key Employees and Officers Compensation Related Other
Dreith Dennis (Fund Administrator) $326,392 $96,000 $63,858
De Lucia Barbara (Director Of Operations) $146,915 $0 $26,752
Grasmick Jennifer (Controller) $140,514 $0 $32,139
Rusek Robert J (It Services Manager) $135,348 $0 $36,935
Wilkinson Edward (Mgr. App. Sys. Dev.) $124,688 $0 $23,907
Tucker Karen (Hr & Paralegal) $113,717 $31,731 $21,649
Lombardini Carol (Member Oversight) $0 $0 $0
Lee Jane (Member Oversight) $0 $0 $0
Slaughter Bormann Ovette (Member Oversight) $0 $0 $0

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$90,128,840
Expenses
$83,828,848
Net Income
$6,299,992
Net Assets
$97,328,205
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $89,282,998
99.1%
Investment Income $647,074
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $198,768
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $302,000
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,179,520
2.6%
Assets/Debt
Total Assets $100,983,384
Total Liabilities $3,655,179
Net Assets $97,328,205

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$81,793,422
Expenses
$79,774,843
Net Income
$2,018,579
Net Assets
$90,860,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $80,357,134
98.2%
Investment Income $564,319
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $176,410
0.2%
Net Inventory Sales $0
Other Revenue $695,559
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $350,231
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,344,107
2.9%
Assets/Debt
Total Assets $94,389,451
Total Liabilities $3,529,379
Net Assets $90,860,072

Document Links

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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