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Originally Posted by JoaT  I'm positive he is a nice guy, and really worried about the future of his trade as many of us are.
The reason I asked is that I think this kind of "non-profit" model would not pass here. Obviously it's set up with the goal of generating revenue for his business. And he openly admits that.
I think that kind of model is stretching the "non-profit" concept. |
Again, this is a non-profit that does work out of a separate corporate studio. That studio and the non-profit have one thing in common: I started them both, but like all non-profits, the financials are public record. You can look an see.
Also, again, the non-profit exists to support and advance the work of great independent artists, and to educate the public about the need to actively support the people who make the music we love. That includes the musicians, all involved artists and YES people, the producers and engineers that make this happen. So Weathervane will be equal parts production company and advocacy.
If Miner Street Recordings, the recording studio where it happens, benefits in any way, it is that really really beautiful video happens there which may be a good thing, we don't know. So far, business is still not what it was a year and a half ago. Regardless, the difference between the two organizations is clear-cut and transparent, and holds up to the standards set by the IRS.
The vast majority of the money from the recorded music, by the way... if there is to be any, goes to the artists.