That is similar to how I arrange mine.
(Excuse the system font I'm using at the moment, it's a big large lol)

The folders with an " x " instead of " - " are ones I don't have yet.
" i " instead means incomplete - missing tracks.
I name the folders:
ID - TITLE - ARTIST - YEAR NOTES
Notes are just things like it's my rip, mp3, incomplete, etc.
I decided to keep labels that are related with their parent first:

I did the same for Music De Wolfe - Rouge, - Hudson, and Italian labels.
For non-library releases, I name them as:
ARTIST - YEAR - TITLE - NOTES
I like to see an artists releases in order if possible.
