Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| (A)
INTERNET SOCIETY |
541650477 | 7 | Yes | 48,728,598 | 0 | |
|
Total 1
|
48,728,598 | 0 | ||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2018 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2018 |
(iii) Distributable Amount for 2018 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2018 from Section C, line 6 |
||||
|
2
Underdistributions, if any, for years prior to 2018 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2018: | ||||
| a From 2013....... | ||||
| b From 2014....... | ||||
| c From 2015....... | ||||
| d From 2016....... | ||||
| e From 2017....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2018 distributable amount | ||||
|
i
Carryover from 2013 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2018 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2018 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2018, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2018. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2019. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2014...... | ||||
| b Excess from 2015..... | ||||
| c Excess from 2016..... | ||||
| d Excess from 2017..... | ||||
| e Excess from 2018..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 6, ESTIMATE OF VOLUNTEERS | PUBLIC INTEREST REGISTRY HAS VOLUNTEERS WHO ACT AS ADVISORY COUNCIL MEMBERS FOR THE ORGANIZATION. COMPOSED OF LEADERS FROM A BROAD SPECTRUM OF THE NONCOMMERCIAL ORGANIZATIONS AROUND THE WORLD, THE .ORG AND .NGO|.ONG ADVISORY COUNCILS WERE CREATED TO ADVISE ON ISSUES INCLUDING PUBLIC POLICY, THE INTRODUCTION OF NEW SERVICES, AND NON-GOVERNMENTAL COMMUNITY ISSUES. THEIR PERSPECTIVES, REPRESENTING THE VOICE OF THE GLOBAL NONCOMMERCIAL COMMUNITY, PLAY A VITAL ROLE IN THE LONG-TERM SUCCESS OF PUBLIC INTEREST REGISTRY. |
| FORM 990, PART I, LINE 22, NET ASSETS | AS OF DECEMBER 31, 2018, PIR HAD A NET ASSET DEFICIENCY OF $ $33,154,078. PIR'S BOARD AND MANAGEMENT ARE SATISFIED THAT THE ORGANIZATION IS ABLE TO MEET ITS WORKING CAPITAL REQUIREMENTS THROUGH THE NORMAL CYCLICAL NATURE OF RECEIPTS AND PAYMENTS AND MAINTAINS RESERVES FOR SHORT-TERM BUSINESS INTERRUPTIONS AND BUSINESS DEVELOPMENT OF $8,468,694 AND $2,000,000, RESPECTIVELY. PIR EXPECTS TO REGULARLY CONTRIBUTE ITS CASH SURPLUS TO THE INTERNET SOCIETY, YIELDING AN ONGOING NEGATIVE NET ASSET POSITION. PIR'S BOARD AND MANAGEMENT REGULARLY MONITOR FINANCIAL PERFORMANCE AND WILL CONSIDER APPROPRIATE CONTRIBUTION ADJUSTMENTS TO ENSURE THE FISCAL HEALTH OF THE ORGANIZATIONS. |
| FORM 990, PART VI, SECTION A, LINE 3 | WITH THE RESIGNATION OF THE CEO, BRIAN CUTE, EFFECTIVE MAY 7, 2018, PIR CONTRACTED WITH BOARD OF DIRECTOR JAY DALEY'S CONSULTATION COMPANY, TECHOBSCURA LIMITED, A NEW ZEALAND LIMITED COMPANY, TO PROVIDE INTERIM CEO SERVICES FOR PIR. PIR COMPENSATED TECHOBSCURA LIMITED FOR THESE SERVICES, SOLELY PERFORMED BY MR. DALEY, FROM MAY 9, 2018 UNTIL DECEMBER 23, 2018. THAT COMPENSATION INCLUDED $340,575 OF INTERIM CEO SERVICES AND $800 FOR OTHER SERVICES. NEW CEO JONATHON NEVETT JOINED PIR DECEMBER 18, 2018. |
| FORM 990, PART VI, SECTION A, LINE 6 | PUBLIC INTEREST REGISTRY IS A MEMBERSHIP CORPORATION AND ITS SOLE MEMBER IS THE INTERNET SOCIETY, WHICH IS CLASSIFIED AS A TAX-EXEMPT PUBLICLY SUPPORTED CHARITABLE ORGANIZATION DESCRIBED IN CODE SECTION 501(C)(3). |
| FORM 990, PART VI, SECTION A, LINE 7A | THE INTERNET SOCIETY APPOINTS THE MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE FOLLOWING DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO THE MEMBER'S APPROVAL: (1) AMENDMENT, REVOCATION OR REPEAL OF THE BYLAWS; (2) ENTERING INTO, AMENDING, TERMINATING, ASSIGNING, OR BRINGING ANY LEGAL ACTION WITH RESPECT TO, OR WAIVING ANY MATERIAL RIGHT UNDER, AND AGREEMENT OR CONTRACT WITH (I) THE INTERNET CORPORATION FOR ASSIGNED NAMES AND NUMBERS (ICANN) OR (II) AFILIAS LIMITED; AND (III) PAYMENT, CONTRIBUTION OR SUBVENTION OF ANY AMOUNT IN EXCESS OF $50,000 TO ANY PERSON, ENTITY OR ORGANIZATION, CHARITABLE OR OTHERWISE, OTHER THAN IN CONNECTION WITH THE PURCHASE OF GOODS OR SERVICES RECEIVED BY THE CORPORATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE IRS FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM, RSM LLP, WITH SUBSEQUENT REVIEW BY THE CHIEF EXECUTIVE OFFICER, VP OF FINANCE AND LEGAL COUNSEL. ONCE REVIEWED AND FINALIZED, THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW. PRIOR TO FILING, THE FORM 990 IS REVIEWED AT A BOARD MEETING AND FILED SUBSEQUENT TO THE RESOLUTION OF ANY COMMENTS OR QUESTIONS FROM THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | PUBLIC INTEREST REGISTRY'S CONFLICT OF INTEREST POLICY REQUIRES DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST ON THE PART OF AN OFFICER, DIRECTOR, MANAGER, OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED AUTHORITY. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF A FINANCIAL INTEREST AND MUST DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS AND/OR THE MEMBERS OF THE COMMITTEE WITH BOARD-DELEGATED AUTHORITY RELATING TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE DISINTERESTED MEMBERS OF THE BOARD OR COMMITTEE DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AFTER CONSIDERING ALL MATERIAL FACTS, AND AFTER A DISCUSSION WITH THE INTERESTED PERSON. THE INTERESTED PERSON IS REQUIRED TO LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE BOARD OR COMMITTEE DISCUSSES THE MATTER AND VOTES ON WHETHER A CONFLICT OF INTEREST EXISTS. IF A BOARD MEMBER OR A COMMITTEE MEMBER IS DETERMINED TO HAVE A CONFLICT OF INTEREST, HE OR SHE IS REQUIRED TO LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE BOARD OR COMMITTEE DISCUSSES, DELIBERATES ON, AND VOTES ON, THE TRANSACTION IN QUESTION. |
| FORM 990, PART VI, SECTION B, LINE 15A | IT IS THE GOAL OF PUBLIC INTEREST REGISTRY TO COMPENSATE EACH OF ITS OFFICERS AND KEY EMPLOYEES AT A LEVEL THAT REPRESENTS THE FAIR MARKET VALUE OF THAT INDIVIDUAL'S SERVICES, AND DOES NOT EXCEED SUCH FAIR MARKET VALUE, TAKING INTO CONSIDERATION ALL FRINGE BENEFITS, AS WELL AS TOTAL CASH COMPENSATION. PUBLIC INTEREST REGISTRY HAS ESTABLISHED A COMPENSATION COMMITTEE COMPRISED OF VARIOUS MEMBERS OF ITS BOARD OF DIRECTORS. EVERY OTHER YEAR, PUBLIC INTEREST REGISTRY ENGAGES AN OUTSIDE COMPENSATION CONSULTANT TO ANALYZE COMPARABLE DATA RELATING TO THE COMPENSATION OF ITS CEO AND OTHER DISQUALIFIED PERSONS PERFORMING WORK OR SERVICES FOR THE COMPANY. REGARDING THE CEO, THE COMPENSATION CONSULTANT USES A COMPARATIVE SURVEY IN THE WASHINGTON, DC METRO AREA, LOOKING AT A MIX OF INDUSTRIES AND SIZES OF ORGANIZATIONS, BOTH NON-PROFIT AND FOR-PROFIT. THE CONSULTANT ANALYZES THE COMPENSATION RECEIVED BY SIMILARLY QUALIFIED INDIVIDUALS HOLDING COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THE COMPENSATION COMMITTEE REVIEWS AND ANALYZES THE CONSULTANT'S REPORT AND OTHER INDEPENDENT RESEARCH AND MAKES ITS RECOMMENDATION TO THE BOARD OF DIRECTORS BASED ON THOSE FINDINGS. AFTER DETAILED DISCUSSION AND DELIBERATION AMONG BOARD MEMBERS, THE RECOMMENDATION IS VOTED UPON, ACCEPTED BY THE FULL BOARD AND CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. DURING 2018, COMPENSATION FOR THE CEO WAS BASED ON THE 2017 COMPENSATION STUDY WHILE ALSO TAKING INTO CONSIDERATION THE IMPACT OF INFLATION AND COMPENSATION ADJUSTMENTS FOR 2017 AND 2018 BASED UPON FORMAL DATA SOURCES AVAILABLE FOR LIKE ORGANIZATIONS IN THE WASHINGTON, DC METRO AREA. SIMILARLY, THE CEO PARTICIPATES IN THE PROCESS OF SETTING THE COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES, BUT NOT HIS OWN COMPENSATION OR DISQUALIFIED PERSONS. THE CEO REVIEWS AND ANALYZES THE CONSULTANT'S REPORT AND OTHER INDEPENDENT RESEARCH AND APPROVES APPLICABLE COMPENSATION ADJUSTMENTS FOR CERTAIN OFFICERS AND KEY EMPLOYEES. DURING 2018, COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES WAS BASED ON THE 2017 STUDY WHILE ALSO TAKING INTO CONSIDERATION THE IMPACT OF INFLATION AND COMPENSATION ADJUSTMENTS FOR 2017 AND 2018 BASED UPON FORMAL DATA SOURCES AVAILABLE FOR LIKE ORGANIZATIONS IN THE WASHINGTON, DC METRO AREA. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE 990 IS MADE AVAILABLE TO GUIDESTAR AND FREELY AVAILABLE ON ITS WEBSITE. IN ADDITION, PUBLIC INTEREST REGISTRY MAKES ITS 990 RETURN AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. |
| FORM 990, PART I, PART VI AND PART VII, BOARD MEMBERSHIP: | A TOTAL OF NINE PERSONS SERVED ON THE BOARD OF DIRECTORS DURING THE CALENDAR YEAR, WHICH ARE IDENTIFIED IN PART VII OF FORM 990. AS OF DECEMBER 31ST, 2018, THERE WERE A TOTAL OF SEVEN VOTING BOARD MEMBERS SERVING THE ORGANIZATION AS DISCLOSED IN PART VI, LINE 1A AND PART I, LINE 3. |
| FORM 990, PART VII, SECTION B, INDEPENDENT CONTRACTOR | AFILIAS LTD. (AFILIAS) PROVIDES REGISTRY TECHNICAL SERVICES TO PUBLIC INTEREST REGISTRY INCLUDING ELECTRONIC CONNECTION TO CUSTOMERS (REGISTRARS), TO ADD, MODIFY OR DELETE DOMAIN NAMES WITHIN THE .ORG, .NGO, .ONG AND IDN DATABASES. THESE SERVICES INCLUDE 24/7, 365 DAYS A YEAR, TECHNICAL SUPPORT TO REGISTRARS, DEVELOPMENT OF REGISTRY COMPUTER SOFTWARE SYSTEMS INCLUDING CUSTOMER BILLING, AND REVENUE RECOGNITION IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, (GAAP). IN ADDITION, AFILIAS PROVIDES TECHNICAL SUPPORT IN IMPLEMENTING PUBLIC INTEREST REGISTRY'S DOMAIN NAME ABUSE POLICIES DESIGNED TO STOP OR REDUCE MALWARE, VIRUS OR OTHER ACTIVITIES. AFILIAS ALSO COLLABORATES WITH PUBLIC INTEREST REGISTRY ON THE ANALYSIS AND DISCUSSION OF CUSTOMER AND BUSINESS TRENDS BOTH DOMESTICALLY AND INTERNATIONALLY. |
| FORM 990, PART VII, SECTION A, SUPPLEMENTAL INFO RE THE LIST OF OFFICERS | BRIAN CUTE, THE PRESIDENT AND CEO OF PUBLIC INTEREST REGISTRY SUBMITTED HIS RESIGNATION, EFFECTIVE MAY 7, 2018, TO THE BOARD OF DIRECTORS AND HIS RESIGNATION WAS ACCEPTED BY THE BOARD OF DIRECTORS. PIR CONTRACTED WITH DIRECTOR JAY DALEY'S CONSULTING COMPANY, TECHOBSCURA LIMITED, TO PROVIDE INTERIM CEO SERVICES. A BOARD COMMITTEE CONDUCTED A NEW CEO SEARCH AND ON DECEMBER 18, 2018, JONATHON NEVETT JOINED PIR AS THE NEW CEO. SEE SCHEDULE F FOR ADDITIONAL INFORMATION. |
| FORM 990, PART XII, LINE 2B | PUBLIC INTEREST REGISTRY ISSUES AUDITED FINANCIAL STATEMENTS ON CONSOLIDATED BASIS WITH ITS RELATED ORGANIZATION ENSET, A NON-PROFIT CORPORATION. ADDITIONALLY, PUBLIC INTEREST REGISTRY'S FINANCIAL RESULTS ARE INCLUDED IN A CONSOLIDATED AUDITED FINANCIAL STATEMENT REPORT ISSUED BY THE INTERNET SOCIETY, PUBLIC INTEREST REGISTRY'S SOLE MEMBER. |
| Software ID: | |
| Software Version: |