ICANN publishes tax return counting compensation info

Non-profit grossed $137 million last year.

ICANN published its most recent Form 990 tax return last Friday (a convenient time to bury news). The return covers the financial year ending June 30, 2018. Here are some takeaways from the tax return:

Net assets fell from $465 million in FY 2017 to $451 in FY 2018.

Revenue fell from $303 million to $137 million; the prior year had a big boost from auctions counting .web.

Expenses were essentially flat year-over-year, down less than $1 million.

It paid Jones Day $5.4 million for legal expenses

ICANN paid 183 contractors and employees six figures.

12 employees/contractors had compensation of $400,000 or more. This number balloons to 18 when you consider untaxed compensation.

9 employees/contractors had compensation of $300,000 or more, with six people popping up to $400k when you consider untaxed compensation.