ICANN has published it’s Federal tax return form 990 for the tax year ending on June 30, 2012 all 68 pages of it.
According to the filing, ICANN ended its fiscal year with $466 Million in Assets and $388 Million in Liabilities therefore showing a net asset balance of over $83 Million up $3 Million from the year before.
ICANN paid almost $28 Million in Salaries including $7.1 Million paid to 36 people listed by ICANN as Directors, Officers , Key employees and Highest Paid Employees.
ICANN ended its fiscal year with a huge cash hoard from the application fees from the new gTLD program with about $382 Million in cash and $53 Million in publicly traded securities.
However ICANN is showing almost all of the fees from the new gTLD program as a liability as well for reserves and expenses, thereby only increasing their net assets to $83,591,000 only up some $2.9 million from the end of its fiscal year ending June 30, 2011.
There are 83 people who received more than $100,000 of reportable compensation from the organization for the fiscal year ending in June 30, 2012
Here is the tax return:
fy-2012-form-990-en…