Internet Corporation for Assigned Names and Numbers
Nonprofit profile at a glance
- EIN
- 954712218
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Los Angeles, CA, USA
- Phone
- 3103015800
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Science and Technology N.E.C.
Reported finances
- Revenue
- $194,948,725
- Expenses
- $186,552,575
- Assets
- $614,930,961
- Liabilities
- $59,047,168
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
36 people listed
Executive titles in this filing
- Kurtis Erik Lindqvist (President and Chief Executive Officer (from 12/24))
- Sally Costerton (INTERIM PRESIDENT & CEO (THRU 12/24), Sr. Advisor & SVP, GLOBAL STAKEHOLDER ENGAGEMENT)
- Matthew Holmes Larson (Vice President, Research, and Managing Director)
- David Olive (Sr. Vice President, Policy Development & Support (Thru 05/24))
Highest reported compensation
- Sally Costerton (INTERIM PRESIDENT & CEO (THRU 12/24), Sr. Advisor & SVP, GLOBAL STAKEHOLDER ENGAGEMENT): $920,908 total reported compensation
- John Jeffrey (General Counsel and Secretary): $855,832 total reported compensation
- Xavier Calvez (SVP, Planning & Chief Financial Officer): $756,395 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
ICANN is a multistakeholder organization that coordinates the global Internet's unique identifier systems for the benefit of Internet users worldwide, which helps enable a single, interoperable Internet. As of June 30, 2025, there were over 380 million registered Internet second level domain names, including approximately 239 million second level domain names found in generic top-level domains ("gTLDs"), most of which are governed by ICANN's community-developed policies. See additional information about ICANN's programs and activities on the ICANN website and in the ICANN Annual Report posted at HTTPS://WWW.ICANN.ORG/.
Operating model
- Revenue model
- Other-operating. 87% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 88
- Accountability: 96
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.8%; rating input score 78
- Program expense ratio: 73.7%; rating input score 74
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Pass
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 100%; rating input score 100; 54th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 93.8%; rating input score 94; 44th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.3%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 3.3; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 3.3% per year; rating input score 100; 25th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 6.6% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 77.8% of revenue deployed · 73.7% of spending went to programs
- Governance: 15 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $137.5M in reported program spending
- Leadership: top reported pay $921K · 36 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $12.9M reported
- Consistency: 43 of 43 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 46 filed money-flow records
- Related organizations: 12 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 54/100.
- High — Sustainability: Officer compensation ratio scored 13/100.