ICANN releases latest tax return – Domain Name Wire

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Andrew Allemann Leave a Comment March 26, 2025
Form 990 reveals salaries and contractor payments. ICANN published its Form 990 tax return for the fiscal year ending June 30, 2024.
The non-profit’s total revenue for the fiscal year on a tax basis was $184.8 million, compared to $163.7 million in the prior year. The difference can mostly be attributed to higher investment income.
Salaries increased to $104.1 million from $90.8 million, and the organization reported a tax loss of -$11.9 million.
Six employees had W-2 compensation of $500,000 or more: John Jeffrey (general counsel), Sally Costerton (interim president and CEO), Gina Villavicencio (SVP, HR), Theresa Swinehart (SVP, global domains and strategy), Xavier Calvez (CFO), and James Hedlund (VP, strategic programs).
Villavicencio was paid $406,000 in severance.
Three employees made more than $800,000 when adding in retirement and nontaxable benefits.
Seven additional employees had W-2 compensation between $400,000-$499,000.
ICANN paid law firm Jones Day $3.6 million for services during the fiscal year.
The full tax return is available here (pdf).
Categories: Policy & Law Tags: icann, icann form 990, tax return
Andrew Allemann has been registering domains for over 25 years and publishing Domain Name Wire since 2005. He has been quoted about his expertise in domain names by The Wall Street Journal, New York Times, and NPR. Connect with Andrew: LinkedIn – Twitter/X – Facebook
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