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ICANN Publishes Its Tax Return; Spends $46M In Salaries; $17M In Travel; Has $300M In Cash/Stocks

Posted on the 07 April 2015 by Worldwide @thedomains

ICANN just published its tax return, Form 990, for the year ending June 30, 2014.

ICANN Revenue decreased from the year earlier to $127 Million from $236 Million.

However salaries & compensation rose from $32 Million to $46 Million.

Total expenses in 2014 were $124 Million against last years  $150 Million.

ICANN ended its fiscal year with $193 Million in net assets up from $168 Million in the prior year.

The CEO of ICANN made $842K in reportable compensation and another $56K  from “other compensation”

Akram Atalllah made $654K and $59K respectively.

In all 92 people received reportable compensation of $100K or more for the tax year ending in 2014.

ICANN took in $37 Million from the new gTLD program.

ICANN spent over $17 Million in Travel plus another $6.7 million on conferences.

ICANN only spent $220,000 on advertising and promotion.

ICANN seems to have spent $40 Million of its cash hoard in the tax year ending up with just over $24 Million.

ICANN ended the year with investments in publicly traded  securities of $285 Million.

ICANN spent $576,00 on lobbyists for the year.

You can read the entire return here


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