Civic Intelligence

Gsm Association

990 • Fiscal year 2017 • EIN 98-0506316

Apr 01, 2016 to Mar 31, 2017 • Filed on Feb 15, 2018

Floor 2 Walbrook Bldg 25 WalbrookLondon, England EC4N 8AFUk

(207) 356-0600

Siviq Scores

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

Liabilities / Assets

100th percentile

3.43x

Higher debt load relative to assets than 100% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

1.61x

Higher debt load relative to revenue than 75% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Source year 2017

Net Margin

15th percentile

-6.4%

Higher net margin than 15% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

91st percentile

$1,599,059

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2017 filings • $100M-$250M nonprofits • Source year 2017

Asset Growth

56th percentile

6.7%

Faster asset growth than 56% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

27th percentile

-0.7%

Faster revenue growth than 27% of similar nonprofits.

2017 filings • $100M-$250M nonprofits • Annualized from 2016 to 2017

Assets

Up

$51,444,416

Up $3,217,518 (+6.7%) from 2016

Net Assets

Up

-$124,804,587

Up $11,107,764 (+8.2%) from 2016

Liabilities

Down

$176,249,003

Down $7,890,246 (-4.3%) from 2016

Revenue

Down

$109,508,430

Down $737,533 (-0.7%) from 2016

Expenses

Down

$116,569,125

Down $10,479,102 (-8.2%) from 2016

Net Income

Up

-$7,060,695

Up $9,741,569 (+58%) from 2016

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0-$100M-$200MAssets 2010: $64,741,033Liabilities 2010: $80,152,573Net Assets 2010: -$15,411,5402010Assets 2011: $70,600,740Liabilities 2011: $101,348,730Net Assets 2011: -$30,747,9902011Assets 2012: $50,149,361Liabilities 2012: $110,997,899Net Assets 2012: -$60,848,5382012Assets 2013: $48,734,172Liabilities 2013: $143,677,522Net Assets 2013: -$94,943,3502013Assets 2014: $49,797,904Liabilities 2014: $171,078,333Net Assets 2014: -$121,280,4292014Assets 2015: $50,588,032Liabilities 2015: $175,917,807Net Assets 2015: -$125,329,7752015Assets 2016: $48,226,898Liabilities 2016: $184,139,249Net Assets 2016: -$135,912,3512016Assets 2017: $51,444,416Liabilities 2017: $176,249,003Net Assets 2017: -$124,804,5872017Assets 2018: $53,440,920Liabilities 2018: $200,428,260Net Assets 2018: -$146,987,3402018Assets 2019: $33,381,585Liabilities 2019: $180,015,235Net Assets 2019: -$146,633,6502019Assets 2020: $70,399,559Liabilities 2020: $181,272,587Net Assets 2020: -$110,873,0282020Assets 2021: $93,265,201Liabilities 2021: $195,399,403Net Assets 2021: -$102,134,2022021Assets 2023: $92,130,305Liabilities 2023: $71,847,258Net Assets 2023: $20,283,0472023Assets 2024: $104,341,391Liabilities 2024: $79,290,282Net Assets 2024: $25,051,1092024

Highlighted filing

2017

Assets$51,444,416
Liabilities$176,249,003
Net Assets-$124,804,587

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $55,397,5222010Expenses 2011: $61,286,5832011Expenses 2012: $78,454,7852012Revenue 2013: $49,783,162Expenses 2013: $87,412,331Net Income 2013: -$37,629,1692013Revenue 2014: $79,057,217Expenses 2014: $95,683,464Net Income 2014: -$16,626,2472014Revenue 2015: $102,026,444Expenses 2015: $118,220,428Net Income 2015: -$16,193,9842015Revenue 2016: $110,245,963Expenses 2016: $127,048,227Net Income 2016: -$16,802,2642016Revenue 2017: $109,508,430Expenses 2017: $116,569,125Net Income 2017: -$7,060,6952017Revenue 2018: $121,073,983Expenses 2018: $126,857,688Net Income 2018: -$5,783,7052018Revenue 2019: $124,235,535Expenses 2019: $132,374,033Net Income 2019: -$8,138,4982019Revenue 2020: $137,778,481Expenses 2020: $113,998,188Net Income 2020: $23,780,2932020Revenue 2021: $40,251,262Expenses 2021: $72,092,025Net Income 2021: -$31,840,7632021Revenue 2023: $92,474,980Expenses 2023: $83,975,096Net Income 2023: $8,499,8842023Revenue 2024: $108,695,173Expenses 2024: $106,317,284Net Income 2024: $2,377,8892024

Highlighted filing

2017

Revenue$109,508,430
Expenses$116,569,125
Net Income-$7,060,695
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Feb 15, 2018
Return Version
2016v3.1
Gross Receipts
$109,536,593
Mission and Program Overview

Mission

The gsma represents the interests of mobile operators worldwide. Spanning more than 220 countries, the gsma unites nearly 800 of the world's mobile operators with more than 200 companies in the broader mobile ecosystem, including handset makers, software companies, equipment providers and internet companies, as well as organizations in industry sectors such as financial services, healthcare, media, transport and utilities. The gsma also produces industry-leading events such as the mobile world congress and mobile asia expo in conjunction with, and through, gsma limited.

The gsma represents the interests of mobile operators worldwide, uniting nearly 800 operators with almost 300 companies in the broader mobile ecosystem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$28,718,895$29,719,242▲ $1,000,347
Savings and Temporary Cash Investments$6,921,689$9,297,262▲ $2,375,573
Land, Buildings, and Equipment, Net$5,291,231$4,225,225▼ $1,066,006
Prepaid Expenses and Deferred Charges$1,231,785$3,165,934▲ $1,934,149
Intangible Assets$4,050,169$1,929,575▼ $2,120,594
Cash and Non-Interest-Bearing Accounts$1,905$2,363▲ $458
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-135,912,351$-124,804,587▲ $11,107,764
Total Assets$48,226,898$51,444,416▲ $3,217,518
Other Assets Total$2,011,224$3,104,815▲ $1,093,591
Liabilities
Other Liabilities$126,444,074$118,985,466▼ $7,458,608
Deferred Revenue$35,622,506$32,453,763▼ $3,168,743
Accounts Payable and Accrued Expenses$22,072,669$24,809,774▲ $2,737,105
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$184,139,249$176,249,003▼ $7,890,246
Net Assets / Fund Balance
Total Net Assets Fund Balance$-135,912,351$-124,804,587▲ $11,107,764
Total Liabilities and Net Assets / Fund Balance$48,226,898$51,444,416▲ $3,217,518

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,911,342$1,443,466$4,354,808
Equipment$1,313,883$1,745,694$3,059,577
Other Assets Org$179,914--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mats GranrydDirector GeneralPT$732,272$866,787$1,599,059
Hyunmi YangChief Strategy OfficerFT$402,193$289,760$691,953
Alex SinclairChief Technology OfficerFT$355,096$291,444$646,540
Louise EasterbrookChief Financial OfficerPT$316,260$210,152$526,412
Afke SchaartVice President, European AffaiFT$237,797$170,452$408,249
John GiustiChief Regulatory OfficerFT$272,364$126,342$398,706
Tom PhilipsSpecial AdvisorFT$298,874$69,358$368,232
Daniel GurrolaGlobal Head Strategic EngagemeFT$226,053$131,824$357,877
Daniel PatakiVice President, Policy and RegFT$286,120$67,344$353,464
Graham TrickeyHead of Connected LivingFT$225,377$111,343$336,720
Henry CalvertSenior Director, Group TechnolFT$254,885$69,951$324,836
Javier AlbaresHead of Strategy - CorporateFT$219,048$84,107$303,155
Marie AustenauHead of Personal DataFT$210,939$56,782$267,721
John KellyVice President OrganisationFT$68,101$5,722$73,823

Board Members and Trustees

NameTitle
Alejandro Magana PerezBoard of Directors
Andrew PennBoard of Directors
Andrey DubovskovBoard of Directors
Bill HagueBoard of Directors
Chang-Gyu HwangBoard of Directors
Christian SalbaingBoard of Directors
Dong-Hyun JangBoard of Directors
Dr Nasser MarafihBoard of Directors
Eeico BlokBoard of Directors
Giuseppe RecchiBoard of Directors
Gopal VittalBoard of Directors
Hatem DowidarBoard of Directors
Himanshu KapaniaBoard of Directors
Johan DennelindBoard of Directors
Jon Fredrik BaksaasBoard of Directors
Juan Carlos ArchilaBoard of Directors
Julio Linares LopezBoard of Directors
Jung Ho ParkBoard of Directors
Kaan TerziogluBoard of Directors
Kaoru KatoBoard of Directors
Kazuhiro YoshizawaBoard of Directors
Ken MiyauchiBoard of Directors
Lu YiminBoard of Directors
Mari-Noelle Jego-LaveissiereBoard of Directors
Mauricio RamosBoard of Directors
Paolo BertoluzzoBoard of Directors
Rob ShuterBoard of Directors
Roy ChestnuttBoard of Directors
Scott GegenheimerBoard of Directors
Serpil TimurayBoard of Directors
Sha YeujiaBoard of Directors
Sigve BrekkeBoard of Directors
Sun KangminBoard of Directors
Sunil Bharti MittalBoard of Directors
Takashi TanakaBoard of Directors
Wolfgang KopfBoard of Directors
Yogesh MalikBoard of Directors
John HoffmanCEO of GSMA Ltd
Michael O'HaraChief Marketing Officer
David WalshSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Project PeopleRecruiting & Contrac3RD FLOOR NORTHGATE WHITEFRIARS, Bristol, 0, Uk$16,786,621
Deloitte LLPEcon Tax Analysis5 NEW SQUARE NEW FETTER LANE, London, 0, Uk$2,004,900
Weber ShandwickPr Consulting140 HOLBORN, London, 0, Uk$1,121,269
Mindmover LTDEconomic StudyTHOMPSON HOUSE 42-44 DOLBERN STREE, London, 0, Uk$1,071,006
cdwIt Consulting3RD FLOOR 10 FLEET PLACE, London, 0, Uk$1,006,542
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$104,380,089
Investment Income
$-28,163
Other Revenue
$5,156,504
Change in Net Assets
$-7,060,695
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,261,074
Salaries, Compensation, and Employee Benefits$51,308,051
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$34,975,637
Fees for Services Other---$29,439,761
Travel---$10,931,899
Advertising---$8,286,374
Payroll Taxes---$5,601,519
Office Expenses---$5,259,585
Current Officers, Directors, Trustees, and Key Employees---$4,558,293
Other Employee Benefits---$4,533,356
Information Technology---$3,951,732
Depreciation Depletion---$3,616,553
Conferences and Meetings---$2,001,100
Pension Plan Contributions---$1,639,246
Interest---$361,876
Insurance---$222,619
Fees for Services Legal---$211,928
Fees for Services Accounting---$202,949
Other Expenses---$-6,830
Total Functional Expenses$0$0$0$116,569,125
International Activity

International Summary

Offices
7
Employees
387
Spending
$117,100,734

International Compliance

Foreign grant records maintained
No
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 and Greenland)Program ServicesMember Support2341$114,022,816
East Asia and the PacificProgram ServicesMember Support15$1,031,469
South AmericaProgram ServicesMember Support216$847,838
Middle East and North AfricaProgram ServicesMember Support125$653,017
Sub-Saharan AfricaProgram ServicesMember Support1-$545,594
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$116,939,195
Taxes Payable$2,046,271
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Line 6

GSMA has Operator Member, Associate Member and Rapport membership categories. Only Operator Members have voting rights. Associate Members and Rapporteurs do not have any voting rights. The number of votes allocated to a Member is proportionate to the amount of the annual Dues which a Member has paid. Members have the following powers: The ratification every two years of the Board in its entirety; the dismissal of the Chairman, individual members of the Board or the Director General.

Part VI, Lines 7A & 7B

Every two years, the GSMA conducts an election process to appoint the 25-member board. Thirteen seats on the Board are reserved for the thirteen largest mobile operators, based on wireless revenues and wireless connections. The remaining 12 seats are selected by the outgoing board based on a number of criteria contained in the GSMAs governance documents. The resulting slate of 25 Board members is presented to the members for ratification.

Part VI, Line 11B

The 990 is reviewed by senior members of the management team.

Part VI, Line 12C

Directors and officers are required to execute annual written certifications of compliance with the conflict of interest policy. Any exceptions must be disclosed and reviewed by the organization. The directors and officers have certified their compliance with the policy for this tax year.

Part VI, Lines 15A & B

GSMA's human resources staff performs benchmarking studies to determine all officer compensation packages. These studies utilize external data on each element of the packages including base salary, incentive compensation, and benefit programs. Remuneration of the CEO is determined by the non-executive chairman.

Part VI, Line 19

GSMA maintains public disclosure copies of its governing documents, conflict of interest policy and financial statements at its principal office. These copies are available upon a written or in-person request for access.

Filing and Contact Details

Filer

Filer Name
Gsm Association
EIN
98-0506316
In Care Of
% OONAGH STEIN
Phone
2073560600
Address
UK

Signing Officer

Name
Louise Easterbrook
Title
CFO
Phone
6782816616
Signed
2018-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louise Easterbrook
Formed
1987
Voting Board Members
26
Independent Board Members
25
Employees
0
Volunteers
0

Preparer

Firm
Smith & Howard Pc
Address
271 17TH STREET SUITE 1600, ATLANTA, GA 30363
Preparer
Marc Azar
Phone
4048746244
Supplemental Narrative

Additional Explanations

Part I

GSMA's financial statements are presented in British Pounds. The amounts reported on Part X of the Form 990 were converted from British Pounds to US Dollars using the conversion rate at 3/31/17 of 1.2343. The amounts reported on Part VIII and Part IX of the Form 990 were converted from British Pounds to US Dollars using the average conversion rate for the fiscal year ended 03/31/17 of 1.3077. The foreign currency conversion results in an adjusting item to the organization's change in net assets for the period which is reported on Form 990, Part XI, line 9. The financial statements were compiled following international financial reporting standards and received an unqualified audit opinion.

Part III, Line 4D

Network 2020 - placing mobile networks at the heart of the all-IP broadband era, enabling secure, smart, interoperable and seamless IP-based communications services.

Part XI, Line 9

$18,168,459 Foreign Currency Conversion Adjustment

Part XII, Line 1

GSM Association's financial statements (and thus the Form 990) have been prepared under the historical cost convention.

Form 990 Part IX Line 11G

Description:contractors total fees:17152398

Form 990 Part IX Line 11G

Description:spectrum/advocacy total fees:1933383

Form 990 Part IX Line 11G

Description:internet of things total fees:610146

Form 990 Part IX Line 11G

Description:digital identity/inclusion total fees:1913577

Form 990 Part IX Line 11G

Description:network 2020 total fees:21474

Form 990 Part IX Line 11G

Description:mobile money/development total fees:637932

Form 990 Part IX Line 11G

Description:future of regulation total fees:14101

Form 990 Part IX Line 11G

Description:industry purpose/strategy total fees:2186274

Form 990 Part IX Line 11G

Description:facilities/hr total fees:287760

Form 990 Part IX Line 11G

Description:other research and consulting total fees:4682716

Raw XML AppendixShowing 400 of 1,341 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/Form990PartVIISectionAGrp/PersonNm26Christian Salbaing
IRS990/Form990PartVIISectionAGrp/PersonNm27Takashi Tanaka
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IRS990/Form990PartVIISectionAGrp/PersonNm29Mauricio Ramos
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IRS990/Form990PartVIISectionAGrp/PersonNm46Graham Trickey
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IRS990/Form990PartVIISectionAGrp/PersonNm48Henry Calvert
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IRS990/Form990PartVIISectionAGrp/PersonNm50Javier Albares
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IRS990/Form990PartVIISectionAGrp/PersonNm52Daniel Gurrola
IRS990/Form990PartVIISectionAGrp/PersonNm53Daniel Pataki
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$104$79.3$25.1$109$106$2.38
2023Detailed filing. Detailed filing data is available for this year.$92.1$71.8$20.3$92.5$84.0$8.50
2021Detailed filing. Detailed filing data is available for this year.$93.3$195$102$40.3$72.1$31.8
2020Detailed filing. Detailed filing data is available for this year.$70.4$181$111$138$114$23.8
2019Detailed filing. Detailed filing data is available for this year.$33.4$180$147$124$132$8.14
2018Detailed filing. Detailed filing data is available for this year.$53.4$200$147$121$127$5.78
2017Detailed filing. Detailed filing data is available for this year.$51.4$176$125$110$117$7.06
2016Detailed filing. Detailed filing data is available for this year.$48.2$184$136$110$127$16.8
2015Detailed filing. Detailed filing data is available for this year.$50.6$176$125$102$118$16.2
2014Detailed filing. Detailed filing data is available for this year.$49.8$171$121$79.1$95.7$16.6
2013Summary only. Only limited summary data is available for this year.$48.7$144$94.9$49.8$87.4$37.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.1$111$60.8$78.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.6$101$30.7$61.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.7$80.2$15.4$55.4