[ALAC-Announce] ICANN News Alert -- ICANN FY15 Form 990 Announcement

[ICANN At-Large Staff]

[ICANN]<http://www.icann.org/>
News Alert

https://www.icann.org/news/announcement-3-2016-05-13-en

________________________________
ICANN FY15 Form 990 Announcement

13 May 2016

The Internet Corporation for Assigned Names and Numbers (ICANN) continues to provide accountability and transparency regarding its financial results with the publication of its Form 990, available on the page Financial Information for ICANN<https://www.icann.org/resources/pages/governance/financials-en> of the ICANN.org website.

ICANN filed its Form 990 for the fiscal year ending 30 June 2015 with the Internal Revenue Service (IRS) on 11 May 2016 in compliance with the extended due date of 15 May 2016. The Form 990 is the United States tax return for organizations exempt from income taxes under section 501(c) of the Internal Revenue Code.

In addition, for transparency purposes, ICANN filed a restatement of its Form 990 for fiscal years ending 30 June 2014 and 30 June 2013. The restatements, while not required, help provide consistency between these 990 filings and the FY14 Audit Financial Statements, which reflected a change in revenue recognition method effective 1 July 2013.

Separately, taking into account valuable community feedback, the information related to "compensation of five highest paid independent contractors" (Part VII, section B) has been improved, and expanded beyond the IRS requirement.

ICANN's FY15 Form 990<https://www.icann.org/en/system/files/files/fy-2015-form-990-10may16-en.pdf> [PDF, 5.51 MB], as well as the restatements for FY14 Form 990<https://www.icann.org/en/system/files/files/fy-2014-form-990-10may16-en.pdf> [PDF, 5.60 MB] and FY13 Form 990<https://www.icann.org/en/system/files/files/fy-2013-form-990-10may16-en.pdf> [PDF, 5.06 MB], are now posted and are available to the community. The Community is invited to review ICANN's Form 990.



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