Civic Intelligence

Digital Data Exchange LLC C/O Sony Music

990 • Fiscal year 2014 • EIN 20-4390497

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

550 Madison AvenueNew York, NY 10022

(212) 833-8166

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.10x

Higher debt load relative to assets than 51% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

16th percentile

-7.2%

Higher net margin than 16% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

36th percentile

-0.7%

Faster asset growth than 36% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

18th percentile

-7.1%

Faster revenue growth than 18% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$435,907

Down $2,907 (-0.7%) from 2013

Net Assets

Down

$391,083

Down $39,543 (-9.2%) from 2013

Liabilities

Up

$44,824

Up $36,636 (+447%) from 2013

Revenue

Down

$550,598

Down $42,188 (-7.1%) from 2013

Expenses

Up

$590,141

Up $60,496 (+11%) from 2013

Net Income

Down

-$39,543

Down $102,684 (-163%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $418,967Liabilities 2011: $10,372Net Assets 2011: $408,5952011Assets 2012: $407,961Liabilities 2012: $40,476Net Assets 2012: $367,4852012Assets 2013: $438,814Liabilities 2013: $8,188Net Assets 2013: $430,6262013Assets 2014: $435,907Liabilities 2014: $44,824Net Assets 2014: $391,0832014Assets 2015: $424,933Liabilities 2015: $86,468Net Assets 2015: $338,4652015Assets 2016: $387,747Liabilities 2016: $50,395Net Assets 2016: $337,3522016Assets 2017: $448,589Liabilities 2017: $49,569Net Assets 2017: $399,0202017Assets 2018: $570,617Liabilities 2018: $142,113Net Assets 2018: $428,5042018Assets 2019: $542,995Liabilities 2019: $199,724Net Assets 2019: $343,2712019Assets 2020: $582,889Liabilities 2020: $162,691Net Assets 2020: $420,1982020Assets 2021: $722,722Liabilities 2021: $88,216Net Assets 2021: $634,5062021Assets 2022: $850,364Liabilities 2022: $138,248Net Assets 2022: $712,1162022Assets 2023: $910,935Liabilities 2023: $191,269Net Assets 2023: $719,6662023Assets 2024: $731,724Liabilities 2024: $98,355Net Assets 2024: $633,3692024

Highlighted filing

2014

Assets$435,907
Liabilities$44,824
Net Assets$391,083

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $601,8062011Expenses 2012: $618,5042012Revenue 2013: $592,786Expenses 2013: $529,645Net Income 2013: $63,1412013Revenue 2014: $550,598Expenses 2014: $590,141Net Income 2014: -$39,5432014Revenue 2015: $596,026Expenses 2015: $640,195Net Income 2015: -$44,1692015Revenue 2016: $631,652Expenses 2016: $632,765Net Income 2016: -$1,1132016Revenue 2017: $731,878Expenses 2017: $670,210Net Income 2017: $61,6682017Revenue 2018: $838,051Expenses 2018: $808,567Net Income 2018: $29,4842018Revenue 2019: $948,313Expenses 2019: $1,033,546Net Income 2019: -$85,2332019Revenue 2020: $973,580Expenses 2020: $894,333Net Income 2020: $79,2472020Revenue 2021: $1,019,358Expenses 2021: $806,100Net Income 2021: $213,2582021Revenue 2022: $1,067,950Expenses 2022: $983,621Net Income 2022: $84,3292022Revenue 2023: $1,068,643Expenses 2023: $1,060,851Net Income 2023: $7,7922023Revenue 2024: $1,112,972Expenses 2024: $1,199,269Net Income 2024: -$86,2972024

Highlighted filing

2014

Revenue$550,598
Expenses$590,141
Net Income-$39,543
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$550,598
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.

Ddex develops & maintains data standards for exchange of information in the digital media markets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$358,950$294,050▼ $64,900
Savings and Temporary Cash Investments$79,864$141,857▲ $61,993
Total Assets$438,814$435,907▼ $2,907
Liabilities
Accounts Payable and Accrued Expenses$8,188$44,824▲ $36,636
Total Liabilities$8,188$44,824▲ $36,636
Net Assets / Fund Balance
Unrestricted Net Assets$430,626$391,083▼ $39,543
Total Net Assets Fund Balance$430,626$391,083▼ $39,543
Total Liabilities and Net Assets / Fund Balance$438,814$435,907▼ $2,907
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nick WilliamsonChair (as of 10/2014)
Debra AmeerallyChair (until 08/2014)
Kirit JoshiChair Emeritus
Alex WestBoard Member
Jim KingBoard Member
Josh BuilderBoard Member
Kim BeauchampBoard Member
Marc GuezBoard Member
Martin RedingtonBoard Member
Miek StrebBoard Member
Neil GaffneyBoard Member
Nick AllenBoard Member
Paul DoloritoBoard Member
Veronique SinclairBoard Member
Michael BattistonBoard Member (until 04/2014)
Peter ArmstrongBoard Member (until 04/2014)
Christopher ReadBoard Member (until 07/2014)
Spencer ChrisluBoard Member (until 07/2014)
Fx NuttallSecretary
Richard ThompsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Rightscom LtdManagement Services152 CITY RD SUITE 1866 KEMP HOUSE, London, Uk$342,760
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$550,328
Investment Income
$270
Other Revenue
$0
Change in Net Assets
$-39,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$590,141
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$411,312
Travel---$80,737
Fees for Services Legal---$31,329
Advertising---$22,701
Insurance---$17,169
Conferences and Meetings---$9,874
Office Expenses---$8,772
Information Technology---$4,387
Fees for Services Accounting---$2,860
Other Expenses---$1,000
Total Functional Expenses$0$0$0$590,141
International Activity

International Summary

Offices
0
Employees
2
Spending
$411,312

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesDevelopment of Data Exchange Standards02$411,312
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The ddex board of directors approves 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.

Form 990, Part VI, Section A, Line 6

Ddex has the following types of members: charter member, full member, and associate member.

Form 990, Part VI, Section A, Line 7A

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.

Form 990, Part VI, Section A, Line 8B

Ddex has no committee with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

The draft 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 authorization before it is filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12

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".

Form 990, Part VI, Section C, Line 19

No documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Digital Data Exchange LLC
EIN
20-4390497
Phone
2128338166
Address
550 MADISON AVENUE, NEW YORK, NY 10022

Signing Officer

Name
Nick Williamson
Title
Chair
Phone
2128338166
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nick Williamson
Formed
2006
Legal Domicile
De
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
20

Preparer

Firm
Raffa Pc
Address
1899 L STREET NW SUITE 900, WASHINGTON, DC 20036
Preparer
Frank H Smith
Phone
2028225000
Raw XML AppendixShowing 400 of 410 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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IRS990/Desc0DDEX CONTINUED TO DEVELOP STANDARD XML MESSAGE FORMATS FOR THE COMMUNICATION OF INFORMATION UP AND DOWN THE DIGITAL MUSIC SUPPLY CHAIN, RELEASING UPDATES OF SEVERAL OF ITS STANDARDS. IN ADDITION DDEX PUBLISHED A NEW STANDARD FOR THE COMMUNICATION OF CLAIMS OF OWNERSHIP OF MUSICAL WORKS TO UGC DIGITAL RETAILERS. DDEX COMMENCED WORK ON THE DEVELOPMENT OF A SALES REPORT MESSAGE IN "FLAT FILE" RATHER THAN XML FORMAT. DDEX ALSO COMMENCED WORK ON THE DEVELOPMENT OF MESSAGE FORMATS TO SUPPORT THE PROCESS OF MECHANICAL LICENSING OF MUSICAL WORKS IN THE US. TO THAT END IT HELD A NUMBER OF WORKSHOPS IN THE US WITH MUSIC PUBLISHERS, RECORD COMPANIES AND ORGANIZATIONS ADMINISTERING THE PROCESS ON BEHALF OF MUSIC PUBLISHERS. DDEX HELD TWO WELL ATTENDED PLENARY MEETINGS DURING WHICH WORK WAS CARRIED OUT TO PROGRESS THE STANDARDS DEVELOPMENT AND IN-BETWEEN THROUGH TELEPHONE AND WEB CONFERENCES. DDEX ALSO CARRIED OUT A NUMBER OF EVENTS TO PROMOTE THE ADOPTION OF ITS STANDARDS AND ENCOURAGE COMPANIES TO BECOME MEMBERS AND THUS INVOLVED IN FUTURE DEVELOPMENT OF THE STANDARDS. THESE TOOK PLACE AT REGULAR TIMES THROUGHOUT THE YEAR IN CITIES IN EUROPE AND NORTH AMERICA. DDEX CONTINUED TO BUILD RELATIONSHIPS WITH OTHER STANDARDS AND TRADE ORGANIZATIONS REPRESENTING MEDIA TYPES OTHER THAN MUSIC, INCLUDING AUDIO-VISUAL AND TEXT. GIVEN THE CONVERGENCE OF TECHNOLOGY AND THE BUSINESS MODELS IT SUPPORTS THE NEED FOR COOPERATION ON THESE TECHNICAL ISSUES IS VITAL.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER (UNTIL 04/2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER (UNTIL 04/2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER (UNTIL 07/2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER (UNTIL 07/2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0550598
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt04387
IRS990/InsuranceGrp/TotalAmt017169
IRS990/InvestmentIncomeGrp/ExclusionAmt0270
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0270
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DIGITAL 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0430626
IRS990/NetAssetsOrFundBalancesEOYAmt0391083
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt08772
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/TotalAmt01000
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0NICK WILLIAMSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0550328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0550328
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0169
IRS990/PYOtherExpensesAmt0529645
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0592617
IRS990/PYRevenuesLessExpensesAmt063141
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0529645
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0592786
IRS990/ReconcilationRevenueExpnssAmt0-39543
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt079864
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0141857
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0411312
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0DEVELOPMENT OF DATA EXCHANGE STANDARDS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt02
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0411312
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0411312
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DDEX BOARD OF DIRECTORS APPROVES 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/SupplementalInformationDetail/ExplanationTxt1DDEX HAS THE FOLLOWING TYPES OF MEMBERS: CHARTER MEMBER, FULL MEMBER, AND ASSOCIATE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH 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/SupplementalInformationDetail/ExplanationTxt3DDEX HAS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DRAFT 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 AUTHORIZATION BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0438814
IRS990/TotalAssetsEOYAmt0435907
IRS990/TotalAssetsGrp/BOYAmt0438814
IRS990/TotalAssetsGrp/EOYAmt0435907
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0590141
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08188
IRS990/TotalLiabilitiesEOYAmt044824
IRS990/TotalLiabilitiesGrp/BOYAmt08188
IRS990/TotalLiabilitiesGrp/EOYAmt044824
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0430626
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0391083
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0550328
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0270
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0550328
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0550598
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0438814
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0435907
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt080737
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0430626
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0391083
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0550 MADISON AVENUE
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010022
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.DDEX.NET
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICK WILLIAMSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02128338166
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DIGITAL DATA EXCHANGE LLC
ReturnHeader/Filer/BusinessNameControlTxt0DIGI
ReturnHeader/Filer/EIN0204390497
ReturnHeader/Filer/PhoneNum02128338166
ReturnHeader/Filer/USAddress/AddressLine1Txt0550 MADISON AVENUE
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010022
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521511275
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAFFA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L STREET NW SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.10$0.63$1.11$1.20$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.91$0.19$0.72$1.07$1.06$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.85$0.14$0.71$1.07$0.98$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.72$0.09$0.63$1.02$0.81$0.21
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.16$0.42$0.97$0.89$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.20$0.34$0.95$1.03$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.14$0.43$0.84$0.81$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.05$0.40$0.73$0.67$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.05$0.34$0.63$0.63$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.09$0.34$0.60$0.64$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.04$0.39$0.55$0.59$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.43$0.59$0.53$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.04$0.37$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.01$0.41$0.60