A look at ICANN’s growing expenses.
So far I’ve reviewed ICANN’s swelling expenses at a high level as well as the massive headcount growth at the non-profit domain industry overseer. Now let’s dig a little deeper to look at the costs and how they are growing.
Here’s a chart showing the categorized expenses dating back to FY 2008:
This chart should say a thousand words.
There’s a slow and steady increase in expenses over time. Then there’s a huge bump in everything in 2013, surely due to new top level domains.
Professional services costs drop after the initial onslaught of new TLD work but continue to be 2x what they were before new TLD applications. Personnel and Administration continue their upward march even after the initial surge of new TLD work is done. Travel continues to be a major expense at $19 million last fiscal year.
In my next post I’ll summarize what I think has gone wrong and what should be done about it.