Ion Mag did an article that broke down the money that ICANN is making and the kind of salaries being paid out. It is a pretty thorough look at what goes on over at ICANN. Average pay per staff over $187,000 stood out to me.
From the article:
ICANN’s 2014 tax return (IRS form 990) shows a net trading loss. The true picture is somewhat masked by ICANN’s new gTLD cash windfall. In 2013, ICANN turned over $230 million and spent over $120 million, and made a slight profit in 2014. Result: happiness.
But ICANN prudently keeps new gTLD income and expenditure separate from its regular business. If you disregard new gTLD money, ICANN’s income in 2014 was $84 million, expenses $113 million. Result: misery.
Except it’s not misery, because ICANN still has a stack of cash ($340m in current assets) in the bank, and this seems to have loosened its financial stays.
Staff salaries – not your average not for profit
The average pay per staff member at ICANN in 2014 was over $187,000. Even excluding top executive pay, on average ICANN employees earned $169,000, an increase of $25,000 (10 per cent) per head since 2013. This is against a backdrop of continuing recession in US, and an inflation rate of less than one per cent.
Read the full article on IonMag.Asia