registrars After Verisign’s sluggish year, ICANN misses funding goal by $2 million

[News]

ICANN’s fiscal 2023 revenue came in $2 million light when compared to its budget, the annual report published today shows.
The Org blamed lower-than-expected transaction fees for the shortfall, suggesting the domain industry wasn’t quite as buoyant as its accountants had hoped.

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[Altetra]

What does this mean for us, can someone explain?
Maybe it is related to increasing prices to TLD's each year, if it is the case then I m sure it will go down that path further.

 

[jamesau]

Might be time to trim some of those salaries: https://www.glassdoor.com/Salary/ICANN-Salaries-E9736.htm

 

[Jv1999]

Tldr icann spent 142 million and made 150 million.

That's after employee expenses (including c suite)

So where exactly does that 10 Mil go? I know the irs takes 2.... the other 8?

Verisign saying its revenue keeps dropping.... well I can't feel too bad lol. Their overhead costs = llc / business annual filing fees and personnel expenses... other than that, we're basically sending them free cash each year lol