[ALAC] Fwd: ICANN News Alert -- ICANN Publishes FY21 Q2 Unaudited Financial Results
maureen.hilyard at gmail.com
Tue Feb 16 17:28:33 UTC 2021
[image: ICANN Announcement Alerts]
*ICANN Publishes FY21 Q2 Unaudited Financial Results
16 February 2021
LOS ANGELES – 15 February 2021 – On 10 February 2021, the Internet
Corporation for Assigned Names and Numbers (ICANN) published its unaudited
financial results through the second quarter of fiscal year 2021. The ICANN
financials are available here
In addition, on 1 February 2021, Public Technical Identifiers (PTI)
published its unaudited financial results through the second quarter of
fiscal year 2021. The PTI financials are available here
ICANN remains in a strong financial position despite the COVID-19 pandemic.
Through December 2020, ICANN's actual funding is in line with prior years.
Moreover, expenses have been lower than prior years primarily due to travel
restrictions. Please see both sets of financials for more details.
ICANN and PTI publish quarterly financials in an effort to be transparent
and accountable. The financial results have been published quarterly for
many years but the accompanying announcement is a new measure meant to
create more awareness of the results, which are usually posted 45 days
after the quarter end.
ICANN's mission is to help ensure a stable, secure, and unified global
Internet. To reach another person on the Internet, you need to type an
address – a name or a number – into your computer or other device. That
address must be unique so computers know where to find each other. ICANN
helps coordinate and support these unique identifiers across the world.
ICANN was formed in 1998 as a not-for-profit public-benefit corporation
with a community of participants from all over the world.
Public Technical Identifiers (PTI) is an affiliate of ICANN responsible for
performing the IANA functions, which include management of the DNS root
zone, the global IP address space and other protocol parameters that
support Internet operation. PTI was formed in 2016 following a transition
of stewardship to the multistakeholder community that relies upon the IANA
functions. PTI performs the IANA functions under contract from ICANN.
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