ICANN spent less than expected carrying out the Operational Design Phase of the new gTLD program last year, according to financials published yesterday.
The Org’s second fiscal quarter (fourth calendar quarter) report shows it spent $6.8 million on the ODP, which ended in mid-December with the delivery of the Operational Design Assessment.
That’s under the low-end of the $7 million to $9 million ICANN’s board of directors had approved for its budget.
The report also reveals that roughly 15 full-time equivalents, mostly ICANN staff, spent a total of over 27,000 hours to produce the ODA report, which is currently awaiting board approval.
The financial report shows that ICANN spent about $400,000 more than expected on its AGM in Kuala Lumpur last October. This, it said, was due to higher airfare costs, partially offset by 45 fewer funded travelers than expected attending.
Overall, ICANN received about $1 million more in funding than it expected, at $76 million, due to not losing as many registrars as expected, and its FY23 spend to date was $67 million, about $5 million under budget due to “lower than planned professional services and personnel costs”.
It had an average 399 staff over the period and ended the year with total assets of $558 million, $438.3 million of which is invested.