2025-05-15T11:19:41-05:00 2024-12-31 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 2100 ATLANTA GA 30363 990 2024-01-01 384206894 GSMA Ventures LLC % OONAGH STEIN GSMA 165 OTTLEY DRIVE NE SUITE 203 ATLANTA GA 30324 LOUISE EASTERBROOK CFO 6787642122 2025-05-15 true true MARC A AZAR P91739349 4048746244 2025-05-15 2024 2025-03-06 01:10:19Z LOUISE EASTERBROOK 165 OTTLEY DRIVE NE SUITE 203 ATLANTA GA 30324 2192 false X N/A X LLC 2022 DE TO HOLD, MANAGE AND LICENSE THE INTELLECTUAL PROPERTY RIGHTS ASSOCIATED WITH THE BUSINESS OPERATED BY GSMA LTD AND GSMA SERVICES LLC, INCLUDING THE GSMA BRAND. 3 0 0 0 0 0 0 0 0 0 0 43 2192 43 2192 0 0 0 0 0 0 0 0 0 4312 224281 4312 224281 -4269 -222089 343397 567138 347744 793566 -4347 -226428 X GSMA VENTURES LLC HOLDS, MANAGES AND LICENSES THE INTELLECTUAL PROPERTY RIGHTS ASSOCIATED WITH THE BUSINESSES OPERATED BY GSMA LTD AND GSMA SERVICES LLC. IT ALSO MANAGES THOSE INTELLECTUAL PROPERTY ASSETS OF THE GSM ASSOCIATION THAT ARE RELEVANT TO GSMA SERVICES LLC AND GSMA LTD, INCLUDING THE GSMA BRAND. false false GSMA Ventures LLC will be the owner of and will manage all GSMA Ltd.'s existing intellectual property assets, as well as any newly generated intellectual property assets created by GSMA Services LLC and GSMA LTD. GSMA Ventures LLC will also manage those intellectual property assets of the GSM Association that are relevant to GSMA Services LLC and GSMA LTD, including the GSMA brand. false false false false false false false false false false false false false true false true true false false false false false false false false false false false true false false false false false false false false false false false true false false true 2 0 0 false true UK false false false false false false X 3 0 false false false false true true true true false false false true true true true true true true false X OONAGH STEIN 2073560600 1 ANGEL LANE LONDON England UK EC4R 3AB JOHN HOFFMAN Manager and CEO 1.0 42.0 X X 0 1851895 13200 LOUISE EASTERBROOK Manager and CFO 1.0 42.0 X X 0 1374723 0 MONIQUE CORMIER Manager and Secretary 1.0 42.0 X X 0 375607 6168 0 3602225 19368 0 false true false 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FOREIGN EXCHANGE GAIN 2192 2192 2192 2192 2192 0 0 0 0 0 0 0 0 0 0 31208 13522 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 177999 0 OTHER EXPENSES 1552 224281 343397 329459 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 237679 0 0 343397 567138 1989 37937 0 0 0 0 0 0 0 0 0 0 0 0 0 0 345755 755629 347744 793566 X 0 0 0 0 -4347 -226428 -4347 -226428 343397 567138 X -222089 8 X X false true X true false 0 INTERCOMPANY 755629 755629 X 0 0 2192 2192 2192 224281 224281 224281 Sch D, Part X, Line 2 The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the balance sheet date in the countries where the Group operates and generates taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax legislation is subject to interpretation and establishes provisions, where appropriate, on the basis of the amount expected to be paid to the tax authorities. Sch D, Part XI, Line 4b 2,192 - Foreign Exchange expense per Financials JOHN HOFFMAN Manager and CEO 531792 1305703 14400 13200 1865095 LOUISE EASTERBROOK Manager and CFO 425799 897828 51096 1374723 MONIQUE CORMIER Manager and Secretary 295614 79993 6168 381775 PART I Phone Number: (678) 281-6600 GSMA Ventures'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 12/31/24 of 1.2640 USD per GBP. 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 calendar year ended 12/31/24 of 1.2778 USD per GBP. 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 VI, LINE 6 The Company is a nonprofit limited liability company formed under Delaware law. Its sole member is the GSM Association, acting through its United States branch office. PART VI, LINE 7 The sole member of the company appoints all of the members of the Board of Directors. PART VI, LINE 7B The Company's annual operating budget is subject to approval of the sole member. PART VI, LINE 11B The 990 is reviewed by senior members of the management team. PART VI, LINE 12C Managers 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 managers and officers have certified their compliance with the policy for this tax year. PART VI, LINE 15A & B THE SOLE MEMBER'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. THE SOLE MEMBER'S CEO APPROVED THE COMPENSATIONS PACKAGE FOR THE ORGANIZATION'S CEO AND OTHER OFFICERS WITH THE CONCURRENCE OF THE GOVERNING BODY (E.G. BOARD OF DIRECTORS). PART VI, LINE 19 The company maintains public disclosure copies of its governing documents and financial statements at its principal office. These copies are available upon a written or in-person request for access. PART VII COMPENSATION REPORTED FOR OFFICERS LISTED IN PART VII ARE PAID BY THE GSM ASSOCIATION (FEIN: 98-0506316) AND GSMA LTD. (FEIN 20-4991061). PART XI, LINE 9 FOREIGN CURRENCY CONVERSION ADJUSTMENT: $8 PART XII, LINE 1 GSMA Ventures LLC'S FINANCIAL STATEMENTS (AND THUS THE FORM 990) HAVE BEEN PREPARED UNDER THE HISTORICAL COST CONVENTION. GSMA LTD 165 Ottley Drive NE Suite 203 ATLANTA GA 30324 204991061 TRADE ASSOC DE 501(C)(6) N/A NA false GSMA FOR MOBILE DEVELOPMENT FDN INC 165 Ottley Drive NE Suite 203 ATLANTA GA 30324 371552838 SUPPORT ORG DE 501(C)(3) TYPE 1 NA false GSMA ASSOCIATION 1 ANGEL LANE LONDON ENGLAND UK EC4R 3AB 980506316 TRADE ASOC SZ 501(C)(6) N/A NA false GSMA SERVICES LLC 165 OTTLEY DRIVE NE SUITE 203 ATLANTA GA 30324 365008209 TRADE ASSOC DE 501(C)(6) N/A NA false GSMA SERVICES INDIA PRIVATE LIMITED 11th FLOOR 18-20 HINDUSTAN TIMES KG MARG NEW DELHI IN 110001 DIGITAL ADVOC IN GSM ASSOCIATION C CORP 1326919 1916581 1.00000 false GSMA SRL AV LIBERTADOR 6810 15TH FLOOR AUTONOMOUS CITY OF BUENOS AIRES AR DIGITAL ADVOC AR GSM ASSOCIATION C CORP 489775 2356651 1.00000 false false false false false false false false false false false false false false true true false false false false