BMI operates as a not-for-profit organization. All monies received, less operating expenses, are paid to songwriters, composers, and publishers in the form of royalties. Your reports are central to this process. Under the terms of the license, you will be responsible for both Financial Reports and Music Use Reports. Financial reports help us to confirm that your fee payments are correct, and music use reports help us to appropriately allocate your licensing fees to the applicable songwriters, composers and music publishers.