ICANN’s war chest continues to grow.
ICANN released details of its FY 2010 financial year (which ran through June 2010) today.
The non-profit had revenues of $65.8 million and expenses of $58.6 million. Revenues were up 9.2% from FY 2009 and expenses grew 14.3%. The revenue source is fairly evenly split between registrar and registry fees, although the registry fees are ultimately passed on from the registrant through both the registrar and registry.
ICANN also pulled in $4.3 million from investing its cash reserve. This compares to a loss of $2.1 million in FY 2009.
Major expenses were Personnel ($25.0 million, currently 137 employees), Professional Services ($14.6 million), and Travel/Meetings ($10.6 million).
Add it all up and ICANN added $11.4 million to its asset base in the 12 month period ending June. ICANN now has assets of $83.0 million. $17.2 million is in cash and $45.7 million in investments.
ICANN could conceivably pull in an extra $100 million in revenue next year from new TLD applications alone.
mansour says
If you numbers are right the average salary is $182,481 this from the janitor to the president. WOW
Andrew Allemann says
I should point out that the employee number was end of year. Not sure if they had more during the year.
Mike says
not bad for a non-profit.
@Mansour that was the first thing i looked at too. this info is available through the IRS, i believe all you need to do is write them to request it, you can get the actual salaries of the top tier execs. i just did a quick search and there are also some sites out there that offer this service, for example this one, thought it requires a premium membership
http://www2.guidestar.org/organizations/95-4712218/internet-corporation-assigned-names-numbers.aspx
Theobroma Cacao says
@mike: You don’t need premium membership for the form 990 from Guidestar, you just need to register.
@mansour: given Beckstrom’s salary, median is a much better measure than mean. Harder to compute, of course.