2014-07-23T14:24:57-05:00 2013-12-31 Grant Thornton LLP 2010 CORPORATE RIDGE SUITE 400 MCLEAN VA 22102 990 2013-01-01 331025119 Public Interest Registry % LAWRENCE C MARTIN PUBL 7038895778 1775 WIEHLE AVENUE Suite 100 RESTON VA 20190 LAWRENCE MARTIN VP Finance and Admin 7038477500 2014-07-22 true 7038477500 2013 2015-11-30 17:44:51Z X Brian Cute 1775 Wiehle Avenue Reston VA 20190 120482205 false X www.pir.org X 2002 PA Lessening the burdens of government, and supporting the internet society ("ISOC") as an integral part of its activity to promote and support the internet for the public benefit. 7 7 24 0 0 0 0 66072808 70637857 974597 893632 0 0 67047405 71531489 26505000 38137514 0 0 3699119 4185457 0 0 0 35623567 38248002 65827686 80570973 1219719 -9039484 85017910 80510038 73758225 78131380 11259685 2378658 X SEE SCHEDULE O. false false 72932950 38137514 70637857 SEE SCHEDULE O. 72932950 true false false false false false false false false false true false false true true true true true false true true false false false false false false true false true false false false false false false false false false false false false false true false false false true 25 0 true 24 true false false false false false false false false false false X 7 7 false false true false true true true true true false false true true true true true true true false false PA VA X X LAWRENCE C MARTIN 7038895778 1775 WIEHLE AVENUE 100 Reston VA 20190 X Maarten Botterman Director/Chair 8.0 X X 12000 0 0 Erik Huizer Director/Vice Chair 8.0 X X 12000 0 0 Amitabh Singhal Director/Secretary 8.0 X X 12000 0 0 Arthur Reilly Director/Treasurer 8.0 X X 12000 0 0 Raimundo Beca Director 8.0 X 12000 0 0 Roberto Gaetano Director 8.0 X 4000 0 0 Ingrid Srinath Director 8.0 X 3000 0 0 Brian Cute CEO 40.0 X 302911 0 85391 Nancy Gofus COO 40.0 X 284609 0 74096 David Maher SVP Law & Policy 40.0 X 193814 0 52146 Lawrence Martin VP Finance and Admin 40.0 X 206497 0 70152 Lance Wolak VP of Mktg & Sales 40.0 X 197496 0 60214 Paul Diaz Director of Policy 40.0 X 171157 0 65567 Don Blumenthal Senior Policy Advisor 40.0 X 150325 0 37787 Lauren Price Director of Channel Mgmt 40.0 X 147730 0 60756 Thuy LeDinh Sr Mgr Mktg & Communications 40.0 X 151919 0 43218 Elizabeth Finberg Assistant General Counsel 40.0 X 157740 0 58622 2031198 0 607949 13 false true false Afilias 300 Welsh Rd Bldg 3 Ste 105 HORSHAM PA 19044 Registry IT 31970956 AM Global 2001 Massachusetts Ave WASHINGTON DC DC 20036 Consulting 512781 The Clementine Group 3811 N 13th Street ARLINGTON VA 22201 Consulting 317680 Ironworks Consulting LLC 10900 Nuckols Road Suite 400 GLEN ALLEN VA 23060 Website Devlp 286725 Holland Knight 11050 Lake Underhill Rd ORLANDO FL 32825 Legal 181273 5 0 REGISTRATION FEES 900099 70249317 70249317 RELATED REGISTRY REVENUE 900099 388540 388540 70637857 685644 685644 0 0 0 0 0 49158704 48950716 207988 207988 207988 0 0 0 0 71531489 70637857 893632 38132514 38132514 0 5000 5000 0 1270580 1041876 228704 0 2014568 1651946 362622 452432 370994 81438 244285 200314 43971 203592 166945 36647 0 298110 244450 53660 57314 46997 10317 0 0 70844 58092 12752 437362 358637 78725 0 247528 202973 44555 272313 223297 49016 0 351221 288001 63220 916374 751427 164947 0 468599 384251 84348 0 0 75474 61889 13585 102305 83890 18415 REGISTRY ADMIN & DEVELOPMENT 31629798 25936434 5693364 MARKETING 1630327 1336868 293459 OTHER MISC EXP 66434 54476 11958 0 BUSINESS/PRODUCT DEVELOPMENT 1623999 1331679 292320 80570973 72932950 7638023 0 0 0 10643653 7474296 0 0 841343 2568449 0 0 0 0 0 0 0 0 424395 668776 1552770 595373 621393 957397 42487610 37396760 0 0 0 0 616050 610536 29383466 30833824 85017910 80510038 1183393 981709 0 0 66710438 71362366 0 0 0 0 0 0 0 0 0 0 5864394 5787305 73758225 78131380 X 11259685 2378658 0 0 0 0 11259685 2378658 85017910 80510038 -9039484 158457 X X false true X true false X X X false false false INTERNET SOCIETY 541650477 0 true true true 38137514 1 38137514 0 1552770 595373 957397 0 0 957397 DEFERRED REGISTRY EXPENSES 30829789 SECURITY DEPOSITS 4035 30833824 0 ICANN FEE LIABILITY 708772 OTHER LIABILITIES 478613 CUSTOMER DEPOSITS 2404255 AFILIAS PAYABLE 2195665 5787305 X 71689946 158457 158457 71531489 71531489 80570973 80570973 80570973 Schedule D, Part X, Line 2 Public Interest Registry is exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code and is classified as an organization which is not a private foundation as defined by Section 509. No material taxable unrelated business income was generated and, accordingly, no provision for income taxes has been made in the accompanying financial statements. Public Interest Registry follows the accounting guidance that creates a single model to address uncertainty in income tax positions and clarifies the accounting for income taxes by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in its consolidated financial statements. Under the requirements of this guidance, organizations could now be required to record an obligation as the result of income tax positions they have historically taken on various tax exposure items. Public Interest Registry is not required to record such an obligation. Sub-Saharan Africa Program Services See Form 990, Part III 8000 North America Program Services See Form 990, Part III 51000 South Asia Program Services See Form 990, Part III 995000 South America Program Services See Form 990, Part III 30000 Europe (Including Iceland and Greenland) 2 Program Services See Form 990, Part III 482000 East Asia and the Pacific Program Services See Form 990, Part III 11000 Central America and the Caribbean Program Services See Form 990, Part III 9000 Russia and the Newly Independent States Program Services See Form 990, Part III 4000 2 2 1590000 1590000 false false false false false false FORM 990, SCHEDULE F, PART I, LINE 3 IN APRIL 2012, PUBLIC INTEREST REGISTRY EMPLOYED A CITIZEN AND RESIDENT OF GERMANY AS DIRECTOR OF CHANNEL MANAGEMENT FOR EUROPE, THE MIDDLE EAST, AND AFRICA. AS GROWTH IN THE TRADITIONAL NORTH AMERICAN MARKET FOR .ORG CONTINUES TO SLOW, PUBLIC INTEREST REGISTRY HAS INTENSIFIED ITS FOCUS ON EUROPE, AFRICA, AND ASIA THROUGH ADDITIONAL DEDICATED SALES FOCUS, AS WELL AS EXPANDED MARKETING PROGRAMS FOR REGISTRARS OPERATING IN THE UNDERSERVED AREAS OF THE WORLD. PUBLIC INTEREST REGISTRY ALSO CONTRACTED WITH ORGANIZATIONS OUTSIDE OF THE UNITED STATES TO CONDUCT WORKSHOPS THAT ENABLED PUBLIC INTEREST REGISTRY TO ENGAGE IN EXTENSIVE CONVERSATIONS WITH MEMBERS OF THE GLOBAL NGO COMMUNITY ABOUT THEIR INTEREST IN AND SUPPORT FOR A UNIQUE .NGO/.ONG DOMAIN. THE OUTREACH EFFORT WAS DESIGNED TO SEEK A BETTER UNDERSTANDING OF WHAT THE NGO COMMUNITY WOULD LOOK FOR IN A NEW .NGO/.ONG DOMAIN AND TO HELP DEVELOP THE ECONOMIC JUSTIFICATION FOR BUILDING AND OFFERING .NGO/.ONG DOMAINS. ADDITIONALLY, THE WORKSHOPS ARE A GRASSROOTS EFFORT TO FACILITATE BRINGING NGO'S ONLINE, WITH TRAINING ON REGISTERING DOMAIN NAMES, AND BUILDING AND MAINTAINING WEBSITES. true Internet Society 1775 Wiehle Ave Suite 201 Reston VA 20190 541650477 501(C)(3) 38132514 Support Sponsorship - South School of Internet Governance 1 Schedule I, Part I, Line 2 Pursuant to its governing documents, Public Interest Registry is a supporting organization that is obligated to support the Internet Society (ISOC), a public supported 501(c)(3) organization. As a result of this relationship, the IRS has classified Public Interest Registry as a supporting organization. Public Interest Registry maintains records to substantiate the amount of its grants to ISOC. X true true X X X X X X true false false false false false false false false Brian Cute CEO 281911 0 21000 0 0 0 64873 0 20518 0 388302 0 0 0 Nancy Gofus COO 251492 0 33117 0 0 70685 3411 358705 0 0 0 David Maher SVP Law & Policy 171202 0 22612 0 0 0 48846 0 3300 0 245960 0 0 0 Lawrence Martin VP Finance and Admin 183627 0 22870 0 0 0 49637 0 20515 0 276649 0 0 0 Lance Wolak VP of Mktg & Sales 178656 0 18840 0 0 0 48560 0 11654 0 257710 0 0 0 Paul Diaz Director of Policy 150287 0 20870 0 0 0 45038 0 20529 0 236724 0 0 0 Don Blumenthal Senior Policy Advisor 139525 0 10800 0 0 0 34376 0 3411 0 188112 0 0 0 Lauren Price Director of Channel Mgmt 133272 0 14458 0 0 0 40240 0 20516 0 208486 0 0 0 Thuy LeDinh Sr Mgr Mktg & Communications 127000 0 15036 0 9883 0 22702 0 20516 0 195137 0 0 0 Elizabeth Finberg Assistant General Counsel 143810 0 13930 0 0 0 46589 0 12033 0 216362 0 0 0 Schedule J, Part I, Line 1a Monthly gym fees reimbursed up to specified dollar amount. Schedule J, Part I, Line 4a During the calendar year 2013, the following individual received a severance payment, the amount is reported on schedule J, Part II, Column (B)(iii): Thuy Ledinh: $ 9,883 Form 990, Page 1, Box G DURING 2013, THE PUBLIC INTEREST REGISTRY CHANGED INVESTMENT ADVISORY FIRMS. ACCORDINGLY, GROSS RECEIPTS FOR FORM 990 PURPOSES TOTALED $120,482,205 IN 2013, OF WHICH $49,158,704 REPRESENTS THE GROSS AMOUNT RECEIVED FROM THE SALE OF SUCH FUNDS. THESE ASSETS WERE IMMEDIATELY TRANSFERRED TO AND REINVESTED BY THE NEW INVESTMENT ADVISORY FIRM IN ACCORDANCE WITH THE PUBLIC INTEREST REGISTRY'S INVESTMENT POLICY STATEMENT. Organization's Mission Form 990, Part III, Line 1 PUBLIC INTEREST REGISTRY'S EXEMPT PURPOSES ARE LESSENING THE BURDENS OF GOVERNMENT AS AN INTEGRAL PART OF THE INTERNET SOCIETY (ISOC), A 501(C)(3)ORGANIZATION, SUPPORTING THE IMPORTANT MISSION OF ISOC TO FACILITATE, SUPPORT AND PROMOTE THE EVOLUTION AND GROWTH OF THE INTERNET AS A GLOBAL RESEARCH AND COMMUNICATIONS INFRASTRUCTURE, AND EDUCATING THE COMMUNITY OF NONCOMMERCIAL, NON-GOVERNMENTAL ORGANIZATIONS (NGOS) AND OTHER NONPROFIT ORGANIZATIONS ABOUT HOW TO UTILIZE THE INTERNET MORE EFFECTIVELY AND MORE EFFICIENTLY TO ACCOMPLISH THEIR MISSIONS TO BENEFIT THE PUBLIC. Program Services Form 990, Part III, Line 4a: PUBLIC INTEREST REGISTRY'S PRIMARY ACTIVITY IS TO MAINTAIN THE .ORG DOMAIN REGISTRY AS THE EXEMPLARY TOP LEVEL DOMAIN (TLD) REGISTRY SERVICE, BY ADVOCATING FOR HIGHER STANDARDS OF INTERNET SECURITY, SAFETY AND RELIABILITY. PUBLIC INTEREST REGISTRY'S MISSION IS TO FACILITATE THE EFFECTIVE USE OF A GLOBAL INTERNET AMONG NON-COMMERCIAL AND OTHER INTERNET USERS WORLDWIDE. PUBLIC INTEREST REGISTRY IS COMMITTED TO SUPPORTING ISOC'S GOALS OF ENCOURAGING THE EVOLUTION OF THE INTERNET AS A RESEARCH, EDUCATION AND COMMUNICATION INFRASTRUCTURE EQUALLY ACCESSIBLE TO THE GLOBAL NON-COMMERCIAL, NGO AND NON-PROFIT COMMUNITY. IN 2011 PUBLIC INTEREST REGISTRY INITIATED ACTIVITY RESPONDING TO THE INTERNET CORPORATION FOR ASSIGNED NAMES AND NUMBERS (ICANN) INITIATIVE TO EXPAND THE NUMBER OF GENERIC TLDS AVAILABLE IN THE INTERNET IN AN EFFORT TO INCREASE COMPETITION, ENHANCE CONSUMER CHOICE, AND ENABLE INNOVATION. PUBLIC INTEREST REGISTRY ENGAGED IN EXTENSIVE CONVERSATIONS WITH MEMBERS OF THE GLOBAL NGO COMMUNITY ABOUT THEIR INTEREST IN AND SUPPORT FOR A UNIQUE .NGO/.ONG DOMAIN. THE OUTREACH EFFORT WAS DESIGNED TO SEEK BETTER UNDERSTANDING OF WHAT THE NGO COMMUNITY WOULD LOOK FOR IN A NEW .NGO/.ONG DOMAIN AND TO HELP DEVELOP THE ECONOMIC JUSTIFICATION FOR BUILDING SUCH A DOMAIN. IN ADDITION, PUBLIC INTEREST REGISTRY EXPLORED THE OPTION TO OFFER MULTIPLE INTERNATIONALIZED DOMAIN NAME (IDN) VERSIONS OF .ORG IN LANGUAGE-SPECIFIC SCRIPTS. SUCH PREPARATORY WORK WAS ESSENTIAL IN ASSESSING THE LEVEL OF INTEREST IN THESE NEW DOMAINS. SUBSEQUENTLY, IN APRIL 2012, PUBLIC INTEREST REGISTRY SUBMITTED SIX NEW TLD APPLICATIONS TO ICANN IN AN EFFORT TO CREATE AND BECOME THE REGISTRY OPERATOR OF .NGO, .ONG, AND FOUR IDNS: TWO CHINESE SCRIPTS, HINDI, AND CYRILLIC.IN NOVEMBER OF 2013, PUBLIC INTEREST REGISTRY ENTERED INTO CONTRACTS WITH ICANN FOR THE FOUR IDN TLDS. THREE OF THOSE TLDS WERE LAUNCHED IN APRIL 2014. THE FOURTH, A CHINESE FOUR-CHARACTER IDN, HAS BEEN APPROVED FOR DELEGATION BY ICANN. PUBLIC INTEREST REGISTRY IS ACTIVELY DEVELOPING A BUSINESS PLAN FOR THIS IDN AND WILL LAUNCH IT AS SOON AS THE PLAN IS FINALIZED. IN ADDITION PUBLIC INTEREST REGISTRY SIGNED CONTRACTS WITH ICANN FOR .NGO AND .ONG IN 2014 AND WE ANTICIPATE THOSE DOMAINS WILL LAUNCH IN OCTOBER 2014. IN 2012 PUBLIC INTEREST REGISTRY BEGAN RESEARCH AND INVESTIGATION INTO THE POTENTIAL FOR CONDUCTING REGISTRAR FUNCTIONS THROUGH AN AFFILIATE SO AS TO DISTRIBUTE DOMAIN NAME REGISTRATIONS WITH A FOCUS ON THE GRASSROOTS NGO COMMUNITY OF THE GLOBAL SOUTH. THIS RESEARCH AND INVESTIGATION IS DESIGNED IN PART TO DETERMINE IF DISTRIBUTION THROUGH AN AFFILIATE WILL BETTER SERVE OUR COMMUNITY AT REASONABLE COSTS WITH EXEMPLARY SERVICE. IN 2014, PUBLIC INTEREST REGISGTRY'S BOARD OF DIRECTORS AND OUR MEMBER THE INTERNET SOCIETY'S BOARD OF TRUSTEES APPROVED CREATING A NOT-FOR-PROFIT AFFILIATE FOR DISTRIBUTION OF DOMAIN NAMES AND RELATED SERVICES WITH A FOCUS ON UNDERSERVED AREAS IN THE GLOBAL SOUTH. PUBLIC INTEREST REGISTRY HAS STARTED THE PROCESS TO CREATE THE AFFILIATE WHICH WILL MOST LIKELY OCCUR IN EARLY 2015. ADDITIONALLY, PUBLIC INTEREST REGISTRY HAS ESTABLISHED A RESOURCE CENTER ON ITS VARIOUS WEBSITES AND LAUNCHED TARGETED EDUCATIONAL CAMPAIGNS TO MAKE AVAILABLE DOCUMENTS AND APPLICATIONS SUCH AS MARKETING TOOLS, WHITE PAPERS AND FAQ'S ON INTERNET TOPICS SUCH AS SOCIAL MEDIA NETWORKING AND INTERNATIONALIZED DOMAIN NAMES (IDN'S). IN ADDITION, PUBLIC INTEREST REGISTRY, SINCE ITS FOUNDING, HAS BEEN AN ACTIVE SUPPORTER OF THE NON-COMMERCIAL USERS CONSTITUENCY (NCUC) WITHIN ICANN. THE NCUC REPRESENTS THE VIEWS OF NON-COMMERCIAL, NGO AND NONPROFIT ORGANIZATIONS. PUBLIC INTEREST REGISTRY PROVIDES WEBINARS AND FORUMS FOR EDUCATIONAL PURPOSES WITHIN THE SCOPE OF THE REGISTRY INDUSTRY, SUCH AS THE .org FORUM AND DNSSEC WEBINARS. MANAGING THE .ORG REGISTRY INCLUDES MAKING SURE OUR COMMUNITY HAS A VOICE IN CRITICAL ISSUES RELATED TO INTERNET POLICIES AND PROCEDURES. TO EFFECTIVELY REPRESENT SPECIFIC AND COLLECTIVE INTERESTS,.ORG RELIES ON THE INSIGHT AND KNOWLEDGE OF ITS ADVISORY COUNCIL, BOARD OF DIRECTORS AND REGISTRARS. WORKING WITH ICANN, THE INTERNET SOCIETY (ISOC), TECHNICAL ENGINEERS AND VARIOUS INTERNET LEADERS AROUND THE WORLD, PUBLIC INTEREST REGISTRY INITIATES, SUPPORTS AND FUNDS INTERNET ENHANCEMENTS THAT MEET THE NEEDS AND GOALS OF .ORG CUSTOMERS. .ORG IS USED BY INDIVIDUALS, ORGANIZATIONS AND COMPANIES TO EDUCATE MOBILIZE AND EMPOWER THEIR COMMUNITIES. SEE ADDITIONAL INFORMATION ABOUT PUBLIC INTEREST REGISTRY'S ACTIVITIES ON THE PUBLIC INTEREST REGISTRY WEBSITE AT PIR.ORG. Form 990, Part VI, Line 4a PUBLIC INTEREST REGISTRY'S BYLAWS WERE AMENDED IN TWO SECTIONS: (1) TO ACCOMMODATE THE POSSIBILITY THAT A FUTURE PRESIDENT OF THE CORPORATION MAY OR MAY NOT BE A MEMBER OF THE BOARD WHEN ELECTED AND (2) TO CONFORM TO THE APPROVED PRACTICE OF THE CORPORATION REGARDING THE DUTIES OF THE TREASURER AND CLARIFYING THE TREASURER'S ABILITY TO DESIGNATE CERTAIN REPORTING DUTIES TO A SENIOR PERSON WITHIN THE CORPORATION'S FINANCE AND ADMINISTRATION DEPARTMENT. Form 990, Part VI, Line 6 PUBLIC INTEREST REGISTRY IS A MEMBERSHIP CORPORATION AND ITS ONLY MEMBER IS THE INTERNET SOCIETY (ISOC), WHICH IS CLASSIFIED AS A PUBLICLY SUPPORTED CHARITABLE ORGANIZATION UNDER CODE SECTION 501(C)(3). Form 990, Part VI, Line 7a THE INTERNET SOCIETY APPOINTS THE MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, 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, Line 11 THE IRS FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM GRANT THORNTON LLP. THE FINANCE TEAM, EXECUTIVE TEAM, AND LEGAL COUNSEL WILL COMPLETE A FINAL REVIEW ONCE THE FORM 990 IS DELIVERED. ONCE REVIEWED AND FINALIZED, THE FORM 990 IS SENT TO EACH BOARD MEMBER. PRIOR TO FILING, THE FORM 990 IS REVIEWED AT A BOARD MEETING, WITH A REPRESENTATIVE OF THE INDEPENDENT ACCOUNTING FIRM PRESENT TO ADDRESS ANY QUESTIONS FROM THE BOARD MEMBERS. AFTER THE BOARD'S REVIEW, THE FORM 990 IS FILED. Form 990, Part VI, 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 POWERS. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST, AND MUST DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS AND/OR THE MEMBERS OF THE COMMITTEE WITH BOARD-DELEGATED POWERS CONCERNING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE DISINTERESTED MEMBERS OF THE BOARD OR COMMITTEE WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AFTER CONSIDERING ALL MATERIAL FACTS, AND AFTER A DISCUSSION WITH THE INTERESTED PERSON. THE INTERESTED PERSON WILL BE 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, Lines 15a & 15b IT IS THE DESIRE OF PUBLIC INTEREST REGISTRY TO COMPENSATE EACH OF ITS OFFICERS AND KEY EMPLOYEES AT A LEVEL THAT REPRESENTS THE FAIR MARKET VALUE OF THAT PERSON'S SERVICES, AND DOES NOT EXCEED SUCH FAIR MARKET VALUE, TAKING INTO CONSIDERATION ALL FRINGE BENEFITS AS WELL AS CASH COMPENSATION. IN 2013, PUBLIC INTEREST REGISTRY HIRED AN OUTSIDE COMPENSATION CONSULTANT TO ANALYZE COMPARABLE DATA RELATING TO THE COMPENSATION OF ITS CEO, AND THE COMPENSATION OF ITS OTHER OFFICERS AND KEY EMPLOYEES. THE CEO STUDY WAS PERFORMED SEPARATELY. IN THE CASE OF THE CEO, THE CONSULTANT USED A COMPARATIVE SURVEY IN THE WASHINGTON, D.C. METRO AREA, LOOKING AT A MIX OF INDUSTRIES AND SIZES OF ORGANIZATIONS, BOTH NON-PROFIT AND FOR-PROFIT. THE CONSULTANT ANALYZED THE COMPENSATION RECEIVED BY SIMILARLY QUALIFIED INDIVIDUALS HOLDING COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THE CEO COMPENSATION COMMITTEE DISCUSSED AND ANALYZED THE CONSULTANT'S REPORT AND OTHER INDEPENDENT RESEARCH AND MADE ITS RECOMMENDATION TO THE BOARD OF DIRECTORS BASED ON THOSE FINDINGS. AFTER DETAILED DISCUSSION AND DELIBERATION AMONG BOARD MEMBERS, THE RECOMMENDATION WAS ACCEPTED AND THE DELIBERATION AND DECISION-MAKING PROCESS DOCUMENTED IN THE BOARD'S ANNUAL MINUTES. IN THE CASE OF THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES THE CONSULTANT USED BOTH (1) A COMPARATIVE SURVEY IN THE WASHINGTON, D.C. METRO AREA, LOOKING AT A MIX OF INDUSTRIES AND SIZES OF ORGANIZATIONS, BOTH NON-PROFIT AND FOR-PROFIT, AND (2) A LARGE NATIONAL SURVEY THAT ALSO COVERED A MIX OF INDUSTRIES AND SIZES OF ORGANIZATIONS, BOTH NON-PROFIT AND FOR-PROFIT. THE CONSULTANT ANALYZED THE COMPENSATION RECEIVED BY SIMILARLY QUALIFIED INDIVIDUALS HOLDING COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THE CONSULTANT THEN DISCUSSED THE DATA AND ITS FINDINGS WITH PUBLIC INTEREST REGISTRY'S INTERNAL COMPENSATION REVIEW COMMITTEE. THE INTERNAL COMPENSATION REVIEW COMMITTEE FOLLOWED THE RECOMMENDATIONS OF THE OUTSIDE CONSULTANT, AND SET COMPENSATION LEVELS WITHIN THE RANGE OF FAIR MARKET VALUE COMPENSATION, AS DETERMINED BY THE CONSULTANT. THE CEO ALSO PARTICIPATED IN THE PROCESS OF SETTING THE COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES, BUT NOT HIS OWN COMPENSATION. BECAUSE OF THE DIFFERENCE IN THE LEVEL OF FORMAL DOCUMENTATION PREPARED, PUBLIC INTEREST REGISTRY HAS ANSWERED LINE 15A "YES", AND LINE 15B "NO". WE ARE REVISING OUR PROCESS SO THAT NEXT YEAR, WE EXPECT TO BE ABLE TO ANSWER "YES" TO BOTH. Form 990, Part VI, Line 18 THE 990 IS DISTRIBUTED TO GUIDESTAR AND IS FREELY AVAILABLE ON THEIR WEBSITE. IN ADDITION PUBLIC INTEREST REGISTRY MAKES ITS 990 RETURN AVAILABLE TO THE GENERAL PUBLIC UPON WRITTEN REQUEST. FORM 990 PART VI SECTION C, LINE 19 Public Interest Registry makes these documents available upon request. Form 990, Part VII, Section B 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 DATABASE. 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. ALSO, AFILIAS COLLABORATES WITH PUBLIC INTEREST REGISTRY ON THE ANALYSIS AND DISCUSSION OF CUSTOMER AND BUSINESS TRENDS BOTH DOMESTICALLY AND INTERNATIONALLY. STARTING IN 2009, PUBLIC INTEREST REGISTRY COMMISSIONED A CONSULTANT TO DETERMINE IF THE PROPOSED CONTRACT EXTENSION IN DISCUSSION WITH AFILIAS REPRESENTED A FAIR MARKET PRICE. THE CONSULTANT CONCLUDED THAT THE FEES PAID TO AFILIAS UNDER THE PROPOSED EXTENSION WERE A FAIR MARKET PRICE. THE STUDY WAS EXTENSIVE AND COMPARED THE PROPOSED FEES FOR THE SERVICES TO BE RENDERED TO OTHER SIMILAR REGISTRIES THAT HAD AT LEAST 3 MILLION DOMAIN NAMES UNDER MANAGEMENT. IN EARLY 2012, PUBLIC INTEREST REGISTRY'S BOARD INITIATED AN INTERNAL UPDATE OF THIS STUDY, AND AGAIN COMPARED THE FEE STRUCTURE, INCLUDING FEES THAT WOULD ACCRUE TO AFILIAS AS A RESULT OF A PRICE INCREASE FOR DOMAIN NAMES. PUBLIC INTEREST REGISTRY FOUND THAT THE FEES PAID TO AFILIAS WOULD STILL BE WITHIN THE RANGE OF FAIR MARKET VALUE FOR THE SERVICES RENDERED. FORM 990 PART XI, LINE 2B THE PUBLIC INTEREST REGISTRY ISSUES AUDITED FINANCIAL STATEMENTS ON A SEPARATE BASIS. 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. THE INTERNET SOCIETY 1775 WIEHLE AVE SUITE 201 RESTON VA 20190 541650477 Education DC 501(c)(3) 7 NA false INTERNET SOCIETY ASIA LIMITED 9 TEMASEK BOULEVARD 09-01 SUNTEC TOWER TWO SN CHARITABLE SN ISOC false false true false false false false false false false false true false false true true true false false The Internet Society b 38132514 FMV The Internet Society k 344719 FMV The Internet Society n 26698 FMV The Internet Society o 26977 FMV The Internet Society p 15389 FMV