Liabilities / Assets
32nd percentile
Higher debt load relative to assets than 32% of similar nonprofits.
Digital Data Exchange LLC C/O Sony Music
990 • Fiscal year 2011 • EIN 20-4390497
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
$418,967
No earlier filing loaded for comparison.
Net Assets
$408,595
No earlier filing loaded for comparison.
Liabilities
$10,372
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
$601,806
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- May 10, 2012
- Return Version
- 2011v1.2
- Gross Receipts
- $619,741
Mission and Program Overview
Mission
Digital Data Exchange, LLC (DDEX) is organized to explore, develop and maintain a robust framework of data exchange standards for the exchange of information relating to digital media content (which expressly does not include the development of standardized copy of content protection schemes, copyright protection schemes, codes or other supporting technology), with the initial focus being on music and music-related assets. Standards will be developed to improve the efficiency of information sharing and transaction processing (such as usage reporting and similar activities) between business entities operating in the digital media content supply chain. DDEX will promote, through the creating of publicity material, the holding of training seminars and the like, global awareness and compliant implementation of those standards. DDEX shall not as a consequence of these activities involve itself in the administration of the licensing of media content and rights.
Filing and Contact Details
Filer
- EIN
- 20-4390497
Raw XML Appendix379 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | The DDEX Board agrees an annual budget that includes an estimate of Rightscom's fees for each year. On a four-month cycle, Rightscom submits a work plan to the Board which matches the available financial resources against a Board prioritised list of activities. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | DDEX has the following types of members: Charter Member, Full Member, and Associate Member. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | Each Charter Member shall (a) be entitled to elect or appoint, at its sole discretion, a named individual as representative to the Board of Directors; such representative to (i) serve at the discretion of the respective Charter Member; (ii) cast one (1) vote on behalf of the Charter Member in its capacity as a member of the Board of Directors and (iii) be entitled to choose one additional individual, also employed by the Charter Member, to attend meetings of the Board of Directors without any voting rights associated therewith; (b) pay the applicable Membership Dues for Charter Members, (c) be entitled to one (1) vote in each Working Group, (d) be eligible to provide a representative to act as chairman of each Working Group, if so appointed by the Board of Directors and (e) be eligible to send representatives to any Plenary Meeting. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | DDEX has no committee with authority to act on behalf of the governing body. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | Draft federal Form 990 is provided to Rightscom, Ltd., the Organization that is retained by DDEX to perform administrative and technical development support services, for review and is then presented to the DDEX Board of Directors for the authorization before it is filed with the Internal Revenue Service. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | The DDEX Board of Directors consists equally of organizations that represent three different sectors of the digital music industry, namely music rights societies, record companies and digital music service providers. Critical decisions relating to licensing and fee setting, compliance rules, revision of membership dues, resource allocation, financial management and budget approval and appointment of a registration authority require a "super-majority" vote of the Board of Directors. A super-majority vote is "an affirmative vote of more than eighty percent (80%) of the total number of Persons entitled to vote". |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | No documents available to the public. |
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| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | Form 990, Part VI, Section B, line 12 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | Form 990, Part VI, Section C, line 19 |
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| IRS990/TotalLiabilitiesBOY | 0 | 22312 |
| IRS990/TotalLiabilities/EOY | 0 | 10372 |
| IRS990/TotalLiabilitiesEOY | 0 | 10372 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 412972 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 418967 |
| IRS990/TotalNbrEmployees | 0 | 0 |
| IRS990/TotalNbrVolunteers | 0 | 0 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 390660 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 408595 |
| IRS990/TotalOtherCompensation | 0 | 0 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProfFundrsngExpPriorYear | 0 | 0 |
| IRS990/TotalProgramServiceRevenue | 0 | 619467 |
| IRS990/TotalReportableCompFrmRltdOrgs | 0 | 0 |
| IRS990/TotalReportableCompFromOrg | 0 | 0 |
| IRS990/TotalRevenueCurrentYear | 0 | 619741 |
| IRS990/TotalRevenue/ExclusionAmount | 0 | 274 |
| IRS990/TotalRevenuePriorYear | 0 | 557419 |
| IRS990/TotalRevenue/RelatedOrExemptFunctionIncome | 0 | 619467 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 619741 |
| IRS990/TotalRevenue/UnrelatedBusinessRevenue | 0 | 0 |
| IRS990/TransactionRelatedEntity | 0 | 0 |
| IRS990/Travel/Total | 0 | 23525 |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | 0 |
| IRS990/UnrestrictedNetAssets/BOY | 0 | 390660 |
| IRS990/UnrestrictedNetAssets/EOY | 0 | 408595 |
| IRS990/UponRequest | 0 | X |
| IRS990/WebSite | 0 | www.ddex.net |
| IRS990/WhistleblowerPolicy | 0 | 0 |
| IRS990/YearFormation | 0 | 2006 |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 204390497 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | Digital Data Exchange LLC |
| ReturnHeader/Filer/NameControl | 0 | DIGI |
| ReturnHeader/Filer/Phone | 0 | 2128338166 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 550 Madison Avenue |
| ReturnHeader/Filer/USAddress/City | 0 | New York |
| ReturnHeader/Filer/USAddress/State | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 10022 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | 1 |
| ReturnHeader/Officer/DateSigned | 0 | 2012-05-10 |
| ReturnHeader/Officer/Name | 0 | Kirit Joshi |
| ReturnHeader/Officer/Phone | 0 | 2128338166 |
| ReturnHeader/Officer/Title | 0 | Chair |
| ReturnHeader/Preparer/DatePrepared | 0 | 2012-05-14 |
| ReturnHeader/PreparerFirm/EIN | 0 | 521511275 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | Raffa PC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 1899 L Street NW Suite 900 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | Washington |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | DC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 20036 |
| ReturnHeader/Preparer/Name | 0 | Frank H Smith |
| ReturnHeader/Preparer/Phone | 0 | 2028225000 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2011-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2011-12-31 |
| ReturnHeader/TaxYear | 0 | 2011 |
| ReturnHeader/Timestamp | 0 | 2012-05-14T11:20:42-05:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $418,967
- Liabilities
- $10,372
- Net assets
- $408,595
- Revenue
- -
- Expenses
- $601,806
- Net income
- -