2024-11-14T18:32:22-06:00 2023-12-31 BDO USA 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2023-01-01 331025119 Public Interest Registry % JONATHON NEVETT PUBL 7038895778 11911 FREEDOM DRIVE Suite 1000 RESTON VA 20190 ELIZABETH SZABO SENIOR VP FINANCE 7038895778 2024-11-14 true true Marc Berger P01871563 7038930600 2023 2024-10-15 13:58:12Z JONATHON NEVETT 11911 FREEDOM DRIVE1000 RESTON VA 20190 125283621 false X WWW.PIR.ORG X 2002 PA SEE SCHEDULE O 6 6 56 9 0 0 236901 26134 102117531 103666737 23493 1405519 0 0 102377925 105098390 69554909 65098603 0 0 11457462 13819093 0 0 0 25772639 23600498 106785010 102518194 -4407085 2580196 66086478 72760503 108276062 110074785 -42189584 -37314282 X SEE SCHEDULE O false false 84566570 65098603 103666736 SEE SCHEDULE O 84566570 true true false true false false false false false false true false false true true true true true false true true true false false false false false true false true false false false false false false false false true false false false false true false false false true 39 0 true 56 true false false false false false false false false false false false false X 6 6 false false false false true true true true true false false true true true true true true true false false PA X X JONATHON NEVETT 7038895778 11911 FREEDOM DR STE 1000 RESTON VA 20190 X JONATHON L NEVETT CHIEF EXECUTIVE OFFICER 40.0 0.0 X 811221 0 90926 RICHARD K WILHELM CTO 40.0 0.0 X 480331 0 91151 BRIAN CIMBOLIC CHIEF LEGAL AND POLICY OFFICER 40.0 0.0 X 386804 0 86093 HAEJOO SONG-MARSHALL CHIEF STRATEGY OFFICER 40.0 0.0 X 371393 0 76804 PAUL DIAZ VP, INDUSTRY AFFAIRS 40.0 0.0 X 323000 0 84963 ANAND A VORA VP, BUSINESS AFFAIRS 40.0 0.0 X 314307 0 91594 ELIZABETH SZABO VP, FINANCE 40.0 0.0 X 308647 0 78613 MARY CORNWELL VP, HUMAN RESOURCES 40.0 0.0 X 295379 0 80734 INMA DEL ROSAL MENDEZ SR DIR, CHAN SRVS 40.0 0.0 X 273355 0 78547 ELIZABETH BACON SR DIR, POLICY/PRIV 40.0 0.0 X 252930 0 50846 JAMES LEFEVRE SR DIR, MARKETING (THRU 8/23) 40.0 0.0 X 255084 0 36875 DAPHNE ARCHILLA SR DIR, REG SVCS 40.0 0.0 X 250119 0 41006 SUZANNE WOOLF SR DIR, TECH COMM 40.0 0.0 X 240690 0 50416 JEFFREY BEDSER CHAIRMAN, DIR. (THRU 10/23) 11.0 0.0 X X 47500 0 0 SAERIN CHO Vice Chair, then Chair, Dir 11.0 0.0 X X 37500 0 0 KEITH DAVIDSON Vice Chair & Treas, Director 11.0 0.0 X X 37500 0 0 ERIC BURGER DIRECTOR 9.0 0.0 X 32500 0 0 LENA BECK RORVIG DIRECTOR 9.0 0.0 X 28750 0 0 MICHAEL SILBER DIRECTOR 8.0 0.0 X 27500 0 0 NARELLE CLARK DIRECTOR (THRU 6/23) 9.0 0.0 X 23750 0 0 KATHRYN KLEIMAN DIRECTOR from 6/23 8.0 0.0 X 8750 0 0 4807010 0 938568 40 false true false IDENTITY DIGITAL LIMITED GROUND FL LE POLE HOUSE SHIP ST G DUBLIN 0 EI D08N12C REGISTRY SERVICES 15314763 ICANN 12025 WATERFRONT DRIVE SUITE 300 PLAYA VISTA CA 90094 REGISTRY FEES 3774512 BERLIN ROSEN LLC 15 MAIDEN LANE SUITE 1600 NEW YORK NY 10038 MARKETING SERVICES 1634180 SMALL AX INC 13428 MAXELLA AVENUE 222 MARINA DEL REY CA 90292 MARKETING SERVICES 484100 Matic Digital Inc 4140 Yarrow Court WHEAT RIDGE CO 80033 Marketing Services 394931 22 26134 26134 26134 REGISTRATION FEES 900099 103451898 103451898 TLD ASSIGNMENT REVENUE 900099 214839 214839 103666737 1588968 1588968 0 0 0 0 0 20001782 20185231 -183449 -183449 -183449 0 0 0 0 0 0 0 0 0 0 105098390 103666737 1405519 65032553 65032553 0 66050 66050 0 4928033 2563865 2364168 0 6509994 3386898 3123096 998231 519341 478890 833129 433445 399684 549706 285991 263715 0 69217 36011 33206 81102 42194 38908 0 0 59916 31172 28744 1714664 892074 822590 1116854 581056 535798 168257 87538 80719 801122 416793 384329 0 642114 334067 308047 712608 370742 341866 0 426313 221794 204519 0 0 582515 303060 279455 489015 254416 234599 REGISTRY ADMINISTRATION 14948919 7777344 7171575 MARKETING 1318053 685732 632321 PROFESSIONAL DEVELP. 197395 102697 94698 OTHER EXPENSES 272434 141737 130697 102518194 84566570 17951624 0 0 0 19708613 33630051 150000 0 2997597 2848814 0 0 0 0 0 0 0 0 642672 591778 3509610 1873588 1914250 1636022 26192815 20284874 0 0 0 0 768470 636056 13712061 13132908 66086478 72760503 3175710 3594541 0 0 86860453 87120859 0 0 0 0 0 0 0 0 0 0 18239899 19359385 108276062 110074785 X -42339584 -37314282 150000 0 -42189584 -37314282 66086478 72760503 2580196 2295106 X X false true X true false X X 1 INTERNET SOCIETY 541650477 7 true 64789993 0 1 64789993 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 31613 102 32754 102 64367 102518092 241408511 102518194 241472878 1000000 3188999 250000 797250 1000000 2579010 2762017 3188999 9530026 14295039 0 35132 86869 64367 186368 250000 644753 690504 797250 2382507 3573761 0 0 56499 31613 88112 1465731 440527 1025204 30811 30811 0 2013068 1402250 610818 1636022 DEFERRED REGISTRY EXPENSES 8393200 OPERATING LEASE 4419250 SECURITY DEPOSITS 320458 13132908 0 CUSTOMER DEPOSITS 12300997 OPERATING LEASE LIABILITY 6153600 ICANN FEE LIABILITY 797445 DEFERRED COMPENSATION LIABILITY 107343 19359385 X 107333580 2295106 2295106 105038474 59916 59916 105098390 102458278 102458278 59916 59916 102518194 SCHEDULE D, PART X, LINE 2: THE PUBLIC INTEREST REGISTRY IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). IN ADDITION, PUBLIC INTEREST REGISTRY QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. PIR HAD NO NET UNRELATED BUSINESS INCOME DURING THE YEAR ENDED DECEMBER 31, 2023. MANAGEMENT EVALUATED PIR'S TAX POSITIONS AND CONCLUDED THAT THEY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. NO INTEREST EXPENSE AND PENALTIES RELATED TO INCOME TAXES ON UNCERTAIN TAX POSITIONS WERE RECOGNIZED FOR THE YEAR ENDED DECEMBER 31, 2023. false East Asia and the Pacific 0 2 Grantmaking SEE FORM 990, PART III 20000 East Asia and the Pacific 0 6 Program Services SEE FORM 990, PART III 103254 Europe (Including Iceland and Greenland) 0 1 Grantmaking SEE FORM 990, PART III 2500 Europe (Including Iceland and Greenland) 0 28 Program Services SEE FORM 990, PART III 13192264 Middle East and North Africa 0 1 Program Services SEE FORM 990, PART III 10000 North America 0 1 Grantmaking SEE FORM 990, PART III 20000 North America 0 5 Program Services SEE FORM 990, PART III 480387 South America 0 2 Grantmaking SEE FORM 990, PART III 5000 South America 0 3 Program Services SEE FORM 990, PART III 40000 South Asia 0 2 Grantmaking SEE FORM 990, PART III 2900 South Asia 0 3 Program Services SEE FORM 990, PART III 294675 Sub-Saharan Africa 0 9 Grantmaking SEE FORM 990, PART III 25650 Sub-Saharan Africa 0 2 Program Services SEE FORM 990, PART III 39513 0 65 0 65 14236143 14236143 North America GENERAL SUPPORT 20000 ELECTRONIC Sub-Saharan Africa GENERAL SUPPORT 10000 ELECTRONIC East Asia and the Pacific GENERAL SUPPORT 20000 ELECTRONIC 4 false false false false false true SCHEDULE F, PART I, LINE 2: PUBLIC INTEREST REGISTRY PROVIDES CONTRIBUTIONS OF GENERAL SUPPORT TO MISSION BASED NON-PROFIT ORGANIZATIONS AND FOR-PROFIT COMPANIES THAT PERFORM WORK TO ENCOURAGE AND PROMOTE THE OPEN DEVELOPMENT, EVOLUTION, AND USE OF THE INTERNET FOR THE BENEFIT OF ALL PEOPLE THROUGHOUT THE WORLD. PUBLIC INTEREST REGISTRY MAINTAINS BOOKS AND RECORDS TO SUBSTANTIATE THE AMOUNT OF ITS CONTRIBUTIONS. SCHEDULE F, PART I, LINE 3, ACTIVITIES PER REGION: PUBLIC INTEREST REGISTRY HAS CONTINUED ITS MISSION-FOCUSED EFFORTS IN GEOGRAPHIC AREAS OUTSIDE OF THE UNITED STATES, INCLUDING EUROPE, AFRICA AND ASIA. PUBLIC INTEREST REGISTRY'S CHANNEL SERVICES STAFF IS DISPERSED ACROSS VARIOUS GEOGRAPHIC REGIONS IN SUPPORT OF REGISTRARS ACROSS THE GLOBE. IN ADDITION, PUBLIC INTEREST REGISTRY, THROUGH ITS OUTREACH AND PROMOTIONAL EFFORTS, ENCOURAGES REGISTRARS OPERATING IN THE UNDERSERVED AREAS OF THE WORLD TO PARTICIPATE AND SUPPORT SUCH ACTIVITIES. SCHEDULE F, PART IV, LINE 6, FOREIGN FORMS: PUBLIC INTEREST REGISTRY ENGAGES IN CHARITABLE ACTIVITIES OUTSIDE OF THE UNITED STATES. IN 2023, IT CONDUCTED BUSINESS OPERATIONS WITH TWO REGISTRARS BASED IN KUWAIT AND ONE REGISTRAR BASED IN IRAQ. PUBLIC INTEREST REGISTRY DOES NOT CARRY ON ANY ACTIVITIES IN THESE COUNTRIES BUT IS CONSIDERED TO HAVE OPERATIONS IN THEM FOR PURPOSES OF THIS DISCLOSURE SOLELY BECAUSE IT CONDUCTS BUSINESS WITH A REGISTRAR IN THE COUNTRY. PUBLIC INTEREST REGISTRY DOES NOT PARTICIPATE IN ANY BOYCOTT OF ISRAEL, NOR DOES THE ORGANIZATION HAVE KNOWLEDGE OF ANY DIRECT OR INDIRECT PARTICIPATION IN SUCH A BOYCOTT. ACCORDINGLY, PUBLIC INTEREST REGISTRY HAS NOT ENTERED INTO ANY AGREEMENTS TO SUPPORT SUCH A BOYCOTT AS DEFINED IN FORM 5713. IN ADDITION, PUBLIC INTEREST REGISTRY DOES NOT ENGAGE IN ANY UNRELATED BUSINESS ACTIVITY AS A RESULT OF THE CHARITABLE ACTIVITY DESCRIBED ABOVE. THE FORM 5713 IS PREPARED AND FILED SEPARATELY. true INTERNET SOCIETY FOUNDATION 11710 PLAZA AMERICA DRIVE RESTON VA 20190 823285688 501(C)(3) 36781089 GENERAL SUPPORT Internet Society 11710 PLAZA AMERICA DRIVE Reston VA 20190 541650477 501(C)(3) 28008904 GENERAL SUPPORT Hope for Justice 1 Vantage Way Nashville TN 37228 753179471 501(C)(3) 50000 GENERAL SUPPORT Global Cyber Alliance 731 Lexington Avenue New York NY 10022 475344606 501(C)(3) 50000 GENERAL SUPPORT NTEN 621 SW Alder Suite 310 Portland OR 97205 912072298 501(C)(3) 15000 GENERAL SUPPORT HERhealthEQ 172 ROBERT DR NEW ROCHELLE NY 10804 813013423 501(C)(3) 10200 GENERAL SUPPORT INTERNET EDUCATION FOUNDATION 655 15th Street Washington DC 20005 311577362 501(C)(3) 10000 GENERAL SUPPORT Kakenya Center for Excellence 4250 N Fairfax Dr Arlington VA 22203 263658409 501(c)(3) 10000 General Support Seeding Labs A Non Profit Corp 25 Dorchester Ave 51914 Boston MA 02205 108267613 501(c)(3) 10000 General Support WHOlives Inc 10102 S Copper South Jordan UT 84095 475095419 501(c)(3) 10000 General Support PREVENT CANCER FOUNDATION 333 John Carlyle St Alexandria VA 22314 521429544 501(c)(3) 8350 General Support 11 SCHEDULE I, PART I, LINE 2: PURSUANT TO ITS GOVERNING DOCUMENTS, PUBLIC INTEREST REGISTRY IS A TYPE I "SUPPORTING ORGANIZATION" DESCRIBED IN CODE SECTION 509(A)(3) AND OBLIGATED TO SUPPORT ITS SOLE MEMBER, THE INTERNET SOCIETY, A "PUBLIC CHARITY" DESCRIBED IN CODE SECTIONS 501(C)(3), 509(A)(1) AND 170(B)(1)(A)(VI). PUBLIC INTEREST REGISTRY MAINTAINS BOOKS AND RECORDS TO SUBSTANTIATE THE AMOUNT OF ITS GRANTS TO THE INTERNET SOCIETY TO SUPPORT THE INTERNET SOCIETY'S IMPORTANT AND SIGNIFICANT CHARITABLE MISSION AND PURPOSES. X true true X X X X X false false false true false false false true false JONATHON L NEVETT CHIEF EXECUTIVE OFFICER 530965 0 252390 0 27866 0 49500 0 41426 0 902147 0 0 0 RICHARD K WILHELM CTO 342574 0 112000 0 25757 0 49500 0 41651 0 571482 0 0 0 BRIAN CIMBOLIC CHIEF LEGAL AND POLICY OFFICER 310771 0 63750 0 12283 0 49500 0 36593 0 472897 0 0 0 HAEJOO SONG-MARSHALL CHIEF STRATEGY OFFICER 301580 0 59850 0 9963 0 49500 0 27304 0 448197 0 0 0 PAUL DIAZ VP, INDUSTRY AFFAIRS 278183 0 39500 0 5317 0 48509 0 36454 0 407963 0 0 0 ANAND A VORA VP, BUSINESS AFFAIRS 256166 0 53550 0 4591 0 48334 0 43260 0 405901 0 0 0 ELIZABETH SZABO VP, FINANCE 249692 0 53250 0 5705 0 46344 0 32269 0 387260 0 0 0 MARY CORNWELL VP, HUMAN RESOURCES 240974 0 49600 0 4805 0 44428 0 36306 0 376113 0 0 0 INMA DEL ROSAL MENDEZ SR DIR, CHAN SRVS 238273 0 30809 0 4273 0 37661 0 40886 0 351902 0 0 0 JAMES LEFEVRE SR DIR, MARKETING (THRU 8/23) 137982 0 26450 0 90652 0 24766 0 12109 0 291959 0 0 0 ELIZABETH BACON SR DIR, POLICY/PRIV 212313 0 36300 0 4317 0 36797 0 14049 0 303776 0 0 0 DAPHNE ARCHILLA SR DIR, REG SVCS 213255 0 32450 0 4414 0 36353 0 4653 0 291125 0 0 0 SUZANNE WOOLF SR DIR, TECH COMM 209342 0 26600 0 4748 0 35181 0 15235 0 291106 0 0 0 SCHEDULE J, PART I, LINE 1A: Keith Davidson, Treasurer and Director, was reimbursed for a first-class flight as an approved exception to the organization's reimbursement policy. In circumstances where an employee is eligible for business class travel based on the organization's reimbursement policy, but the airline offers only two classes of service, economy and a combined business/first-class, employees may select the higher class of service. Several employees listed on Form 990, Part VII, Section A, line 1a qualified for such business/first-class travel. SCHEDULE J, PART I, LINE 5: CEO ANNUAL BONUS PROGRAM ANNUALLY, A POOL OF FUNDS IS ESTABLISHED TO SUPPORT THE CEO ANNUAL BONUS PROGRAM. THE ELIGIBILITY AND AMOUNT OF AN ANNUAL BONUS ALLOWABLE UNDER THE PROGRAM IS BASED ON THE ACHIEVEMENT OF CERTAIN PERFORMANCE CRITERIA. The CEO bonus this year also included a special bonus achieved based on the completion of his five-year agreement. ANY BONUS AWARDED TO THE CEO IS RECOMMENDED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. SCHEDULE J, PART I, LINE 7: STAFF BONUS PROGRAMS STAFF ARE ELIGIBLE FOR A SPOT BONUS AND ANNUAL BONUS PROGRAM AS FOLLOWS. 1. SPOT BONUS PROGRAM ANNUALLY, A POOL OF FUNDS IS ESTABLISHED BY FUNCTIONAL DEPARTMENT FOR THE SPOT BONUS PROGRAM. THE SPOT BONUS ALLOWABLE UNDER THE PROGRAM IS BASED ON AN EMPLOYEE'S PERFORMANCE. 2. ANNUAL BONUS PROGRAM ANNUALLY, A POOL OF FUNDS IS ESTABLISHED BY INDIVIDUAL EMPLOYEE TO SUPPORT THE ANNUAL BONUS PROGRAM. BONUS TARGETS ARE ESTABLISHED AS A PERCENTAGE OF BASE SALARY AND ARE BASED ON AN EMPLOYEE'S POSITION LEVEL. ACTUAL BONUSES PAID ARE BASED ON ORGANIZATIONAL AND INDIVIDUAL PERFORMANCE. X Software LIC 1 26134 FMV false true false FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: PUBLIC INTEREST REGISTRY'S MISSION IS TO SUPPORT AND TO ASSIST ITS SOLE MEMBER, THE INTERNET SOCIETY, ACHIEVE ITS IMPORTANT AND SIGNIFICANT CHARITABLE MISSION, IN AMONG OTHER WAYS, BY OPERATING THE .ORG AND OTHER TOP LEVEL DOMAINS AS AN INTERNET INDUSTRY MODEL AND TO SERVE IN OTHER WAYS TO ENCOURAGE AND PROMOTE THE OPEN DEVELOPMENT, EVOLUTION, AND USE OF THE INTERNET FOR THE BENEFIT OF ALL PEOPLE THROUGHOUT THE WORLD. 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 PIR ADVISORY COUNCIL WAS 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, 2023 AND 2022, PIR HAD A NET DEFICIENCY OF $37,314,282 AND $42,189,584, RESPECTIVELY. 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. AS OF DECEMBER 31, 2023 AND 2022, PIR MAINTAINED RESERVES FOR SHORT-TERM BUSINESS INTERRUPTIONS OF $14,383,890 AND $13,132,249, RESPECTIVELY, AND BUSINESS DEVELOPMENT OF $4,000,000. PIR REGULARLY CONTRIBUTES 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 III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: PUBLIC INTEREST REGISTRY'S MISSION IS TO SUPPORT AND TO ASSIST ITS SOLE MEMBER, THE INTERNET SOCIETY, ACHIEVE ITS IMPORTANT AND SIGNIFICANT CHARITABLE MISSION, IN AMONG OTHER WAYS, BY OPERATING THE .ORG AND OTHER TOP LEVEL DOMAINS AS AN INTERNET INDUSTRY MODEL AND TO SERVE IN OTHER WAYS TO ENCOURAGE AND PROMOTE THE OPEN DEVELOPMENT, EVOLUTION, AND USE OF THE INTERNET FOR THE BENEFIT OF ALL PEOPLE THROUGHOUT THE WORLD. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: IN COLLABORATION WITH AND IN SUPPORT OF ITS SOLE MEMBER, THE INTERNET SOCIETY ("ISOC"), PUBLIC INTEREST REGISTRY'S ("PIR") PRIMARY ACTIVITY IS TO MAINTAIN THE .ORG DOMAIN REGISTRY AS THE EXEMPLARY TOP-LEVEL DOMAIN REGISTRY SERVICE; TO OPERATE IT PRIMARILY IN THE PUBLIC INTEREST; AND TO BE RESPONSIVE TO THE ISSUES AND NEEDS OF THE EVER EXPANDING AND UNIQUE WORLDWIDE .ORG COMMUNITY, WHICH INCLUDES NON-COMMERCIAL/NON-PROFIT USERS AND ORGANIZATIONS, CONSISTENT WITH THE FUNDAMENTAL OBJECTIVES OF ITS SOLE MEMBER, ISOC. AS AN INTEGRAL PART OF ITS CHARITABLE MISSION, PIR MAINTAINS AND OPERATES THE .ORG TOP-LEVEL DOMAIN REGISTRY IN A FASHION THAT IS DESIGNED TO SET THE QUALITY, EFFICIENCY, AND PRIVACY STANDARDS FOR TOP-LEVEL DOMAINS. PIR WORKS TO CREATE, DEVELOP, MODERNIZE, AND KEEP CURRENT ETHICAL, PRACTICAL, AND TECHNICAL POLICIES, PROCEDURES AND PROTOCOLS REQUIRED TO KEEP ITS OPERATIONAL MODEL FRESH, RELEVANT, AND APPROPRIATE AS AN EXAMPLE FOR THE INTERNET INDUSTRY AS A WHOLE. MANAGING AND OPERATING THE .ORG REGISTRY CONSISTENT WITH AND SUPPORTIVE OF PIR'S AND ISOC'S RESPECTIVE NON-PROFIT MISSIONS AND IN COMPLIANCE WITH THE RULES AND CONSENSUS POLICIES DEVELOPED BY THE INTERNET CORPORATION FOR ASSIGNED NAMES AND NUMBERS ("ICANN") ALSO REQUIRES COLLABORATING WITH THE WORLDWIDE NON-COMMERCIAL/NON-PROFIT ORIENTED COMMUNITY. PIR MAINTAINS AN ADVISORY COUNCIL COMPOSED OF KNOWLEDGEABLE INDUSTRY EXPERTS AND LEADERS FROM GLOBAL NONPROFIT AND NON-GOVERNMENTAL ARENAS TO HELP PIR SUPPORT ITS COMMUNITY. PIR RELIES ON THE INSIGHT AND KNOWLEDGE OBTAINED FROM THE MEMBERS OF ITS ADVISORY COUNCIL AND A CONSTANT STREAM OF INFORMATION SOLICITED AND RECEIVED FROM REGISTRARS, AS WELL AS FROM THE MEMBERS OF ITS OWN DIVERSE AND KNOWLEDGEABLE BOARD OF DIRECTORS, TO EFFECTIVELY ADDRESS THE INTERESTS OF THE WORLDWIDE MISSION-BASED INTERNET COMMUNITY. PIR ALSO CONDUCTS EDUCATION AND OUTREACH (E&O) IN THE GLOBAL NON-PROFIT AND NON-GOVERNMENTAL ORGANIZATION (NGO) SPACE. THESE EFFORTS HAVE TWO PURPOSES: FIRST, TO SUPPORT AND ASSIST PIR ACHIEVE ITS IMPORTANT AND CHARITABLE MISSION; AND SECOND, TO SHARE ITS EXPERTISE AS AN EXEMPLARY DOMAIN NAME REGISTRY AS WELL AS TO HELP OTHER ORGANIZATIONS SHARE THEIR EXPERTISE BY CONDUCTING CONFERENCES, REGIONAL GATHERINGS, AND TRAINING SESSIONS FOCUSED ON IMPROVING USE OF THE INTERNET, ESPECIALLY BY MISSION-BASED USERS AROUND THE WORLD. IN 2019 PIR BEGAN REFRAMING ITS E&O EFFORTS IN FURTHERANCE OF ITS MISSION STATEMENT, I.E., TO SERVE AS "[A]N EXEMPLARY DOMAIN NAME REGISTRY AND INDUSTRY THOUGHT LEADER PROVIDING A TRUSTED DIGITAL IDENTITY AND SERVING AS A VALUED RESOURCE TO THOSE WORKING TO IMPROVE OUR WORLD." WHILE SUPPORTING ISOC REMAINS A CORE PIR MISSION AND ACTIVITY, PIR HAS EXPANDED THE SCOPE OF ITS E&O ACTIVITIES INTO WHAT CAN BE BETTER DESCRIBED AS "EXEMPLARY DOMAIN NAME REGISTRY" INITIATIVES, INCLUDING: PIR CREATED THE NETBEACON INSTITUTE (THE "INSTITUTE,PREVIOUSLY THE "DNS ABUSE INSTITUTE") IN ORDER TO HELP THE ENTIRE DOMAIN NAME INDUSTRY IMPROVE PRACTICES TO COMBAT ABUSES OF THE DOMAIN NAME SYSTEM ("DNS ABUSE"). THE INSTITUTE IS A DEPARTMENT WITHIN PIR AND HAS THREE PILLARS: EDUCATION, INNOVATION AND COLLABORATION. THE INSTITUTE CREATES AND PUBLISHES BEST PRACTICES TO HELP EDUCATE REGISTRIES AND REGISTRARS ON EFFECTIVE DNS ABUSE MITIGATION AND PREVENTION PRACTICES. THE INSTITUTE HAS ALREADY LAUNCHED TWO FLAGSHIP INITIATIVES AIMED TO REDUCE DNS ABUSE ACROSS THE INTERNET. FIRST, THE INSTITUTE CREATED THE VERY FIRST CENTRALIZED DNS ABUSE REPORTING TOOL CALLED NETBEACON REPORTER. NETBEACON REPORTER ALLOWS FOR LAW ENFORCEMENT, SECURITY PROFESSIONALS, AND THE PUBLIC AT LARGE TO REPORT INSTANCES OF DNS ABUSE AND NETBEACON REPORTER WILL THEN ROUTE THE NOTIFICATION TO THE PROPER REGISTRAR THAT SPONSORS THE DOMAIN. NETBEACON WAS DEVELOPED IN CONJUNCTION WITH CLEAN DNS AND IS COMPLETELY FREE TO USE FOR BOTH REPORTERS AND DOMAIN NAME REGISTRARS. NETBEACON REPORTER ROUTED MORE THAN 15,000 REFERRALS OF DNS ABUSE TO REGISTRARS IN 2023. THE INSTITUTE ALSO LAUNCHED NETBEACON MAP (MEASUREMENT AND ANALYTICS PLATFORM), WHICH HELPS MEASURE WHERE DNS ABUSE IS LOCATED AND CENTRALIZED ACROSS THE DNS. THE INSTITUTE PUBLISHED ITS METHODOLOGY FOR MEASURING DNS ABUSE AND HAS BEGUN PUBLISHING ITS REPORTS ON LEVELS OF PHISHING AND MALWARE ACROSS THE DNS. UNLIKE OTHER MEASUREMENT TOOLS, NETBEACON MAP SPECIFICALLY IDENTIFIES REGISTRARS AND TOP-LEVEL DOMAINS WITH BOTH HIGHER AND LOWER THAN EXPECTED CONCENTRATIONS OF DNS ABUSE. LIKE NETBEACON REPORTER, NETBEACON MAP REPORTS ARE OFFERED AT NO COST. FINALLY, TO FULFILL ITS EDUCATION COMMITMENTS, THE INSTITUTE ALSO REGULARLY PUBLISHES BEST PRACTICES FOR REGISTRARS AND REGISTRIES FOR THE IDENTIFICATION AND MITIGATION OF DNS ABUSE. THE INSTITUTE AIMS TO BE GLOBAL IN ITS EFFORTS, AND ATTEMPTS TO MEET THE INDUSTRY WHERE THEY ARE. TO THAT END, THE INSTITUTE PARTICIPATES IN WEBINARS AND CONFERENCES, INCLUDING ORGANIZING A DAY OF DNS ABUSE DISCUSSIONS IN DA NANG, VIETNAM, AS PART OF APAC OUTREACH. -- PIR CREATED A TRUSTED NOTIFIER RELATIONSHIP WITH THE AMERICAN RED CROSS, IN WHICH IT REFERS DOMAINS WITH SITES THAT ARE ESTABLISHED TO EITHER PHISH OR DEFRAUD POTENTIAL DONORS TO THE RED CROSS OR ITS VARIOUS INTERNATIONAL CHAPTERS. THIS OCCURS PARTICULARLY IN RESPONSE TO ARMED CONFLICTS OR NATURAL DISASTERS (E.G., THE RUSSIAN INVASION OF UKRAINE, OR EARTHQUAKES, OR FLOODING INTERNATIONALLY). WHEN PIR RECEIVES A REFERRAL FROM THE RED CROSS, PIR WILL CONFIRM THE PRESENCE OF THE FRAUD AND THEN ACT ON THE DOMAINS PURSUANT TO OUR ANTI-ABUSE PROGRAM. PIR IS THE FIRST REGISTRY OPERATOR TO CREATE SUCH A RELATIONSHIP WITH THE RED CROSS. -- PIR CO-FOUNDED DNS ABUSE WORKING GROUP FOR GTLD REGISTRIES, WHERE DOMAIN NAME REGISTRIES CAN DISCUSS DEVELOPMENTS AND BEST PRACTICES RELATED TO DNS ABUSE IDENTIFICATION, MITIGATION, AND PREVENTION. -- PIR PREVIOUSLY SPEARHEADED DEVELOPMENT OF THE "FRAMEWORK TO ADDRESS ABUSE", WHICH INFORMS DOMAIN NAME REGISTRIES AND REGISTRARS HOW TO BEST ADDRESS DNS ABUSE AND EGREGIOUS FORMS OF ABUSE SUCH AS CHILD SEXUAL ABUSE MATERIALS ("CSAM"). -- PIR'S QUALITY PERFORMANCE INDEX (QPI) INITIATIVE SHOWCASES PIR'S INDUSTRY LEADERSHIP BY FOCUSING ON MAINTAINING THE QUALITY OF THE .ORG DOMAIN NAME SPACE. QPI WAS CREATED TO ENCOURAGE QUALITY DOMAIN NAME REGISTRATIONS AND LOWER THE INSTANCES OF ABUSES IN THE DOMAIN NAME SYSTEM. THE SCORE CALCULATED FROM THE QPI ALGORITHM CAN BE USED FOR A VARIETY OF PURPOSES, INCLUDING DETERMINING ELIGIBILITY FOR A VARIETY OF PIR CHANNEL AND MARKETING PROGRAMS. PIR HAS PRESENTED QPI TO OTHER DOMAIN NAME REGISTRIES AND REGISTRARS TO ENCOURAGE THEM TO CREATE AND ROLL OUT SIMILAR PROGRAMS. THE QPI PROGRAM CONTINUES TO RECEIVE POSITIVE FEEDBACK FROM REGISTRARS, THE ICANN COMMUNITY, AND THE LARGER DOMAIN NAME ECOSYSTEM. -- IN 2023, PIR CONTINUED TO PARTNER WITH SELECT ORGANIZATIONS DEDICATED TO SERVING THE MISSION DRIVEN, NONPROFIT COMMUNITIES INCLUDING CHARITY DIGITAL, THE GLOBAL CYBER ALLIANCE (GCA), AND COMMUNITY BOOST. WITH THESE PARTNERSHIPS, WE WERE ABLE TO SHARE OUR INTERNAL EXPERTISE ON CYBERSECURITY AND DIGITAL MARKETING STRATEGIES THROUGH PODCASTS AND SPEAKING OPPORTUNITIES AT VARIOUS EVENTS. IN ADDITION, WE WERE ABLE TO EXCHANGE VALUABLE CONTENT INTO AND OUT OF OUR FREE RESOURCE PORTAL, THE .ORG LEARNING CENTER. -- IN 2023, OUR ANNUAL .ORG IMPACT AWARDS (OIAS) CONTINUED TO RECOGNIZE INDIVIDUALS AND ORGANIZATIONS THAT HAVE A CONNECTION TO A REGISTERED .ORG DOMAIN NAME FOR THEIR CONTRIBUTIONS, ACHIEVEMENTS AND IMPACT THEY HAVE MADE IN THEIR COMMUNITIES. WITH AN INCREASE OF AWARD MONEY FROM $105,000 TO $180,000, AND A MORE COMPREHENSIVE COMMUNICATIONS PLAN, WE WERE ABLE TO REACH A TOTAL NUMBER OF 974 SUBMISSIONS FROM OVER 70 COUNTRIES, WITH A HIGHER QUALITY, MORE DIVERSE APPLICANT POOL OVERALL. IN NOVEMBER, THE ANNUAL AWARDS CEREMONY RETURNED TO AN IN-PERSON CELEBRATION AND BROUGHT OUR COMMUNITY TOGETHER IN WASHINGTON, DC ON NOVEMBER 16. WE WELCOMED OVER 60 REPRESENTATIVES FROM 33 OF OUR 35 SELECTED FINALISTS, WITH INDIVIDUALS TRAVELING FROM COLUMBIA, MALAYSIA, NIGERIA, THE UK AND ALL ACROSS THE UNITED STATES TO BE PART OF THE EVENT. WE CROWNED 7 CATEGORY WINNERS AND ONE .ORG OF THE YEAR WINNER, HOPE FOR JUSTICE AND TO DATE, THE .ORG IMPACT AWARDS HAS NOW RECOGNIZED 190 INCREDIBLE ORGANIZATIONS WITH A .ORG DOMAIN AND AWARDED $505,000 USD TO SUPPORT THEIR IMPACTFUL WORK TAKING PLACE AROUND THE WORLD. -- PIR'S ORG IN ACTION CAMPAIGN IS DESIGNED TO INCREASE AWARENESS OF OUR .ORG COMMUNITY AND THEIR POSITIVE IMPACT AROUND THE WORLD. IN 2023, WE ROLLED OUT SIX FEATURES CONTAINING THREE VIDEOS-ONE TWO-MINUTE CUT, TWO ONE-MINUTE CUTS, AND A WRITTEN ARTICLE. THE SIX ORGANIZATIONS THAT WE HIGHLIGHTED WERE WOMEN GIVING BACK, STOP AAPI HATE, YOUTH VS. APOCALYPSE, LETTERS TO STRANGERS, POINT FOUNDATION, AND THE HISPANIC FEDERATION. 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) PIR'S REGISTRY SERVICE PROVIDER; 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, BDO USA, LLP, WITH SUBSEQUENT REVIEW BY THE CHIEF EXECUTIVE OFFICER, VP 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. 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. REGARDING THE CEO, 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. FOR 2023, COMPENSATION FOR THE CEO WAS ASSESSED AGAINST A THIRD-PARTY COMPENSATION STUDY CONDUCTED IN 2022. COMPENSATION FOR STAFF DISQUALIFIED PERSONS OTHER THAN THE CEO FOLLOWS A SIMILAR PROCESS. ANNUALLY, THE CEO MAKES A RECOMMENDATION TO THE COMPENSATION COMMITTEE REGARDING THE COMPENSATION FOR OTHER STAFF DISQUALIFIED PERSONS. THE COMMITTEE REVIEWS AND ANALYZES THE CONSULTANT'S REPORT AND OTHER INDEPENDENT RESEARCH. AFTER DETAILED DISCUSSION AND DELIBERATION AMONG COMMITTEE MEMBERS, THE RECOMMENDATION IS VOTED UPON, ACCEPTED BY THE COMMITTEE AND CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE MEETING. FOR 2023, COMPENSATION FOR OTHER STAFF DISQUALIFIED PERSONS WAS ASSESSED AGAINST A THIRD-PARTY COMPENSATION STUDY CONDUCTED IN 2022. THE CEO IS RESPONSIBLE FOR SETTING THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES. THESE DECISIONS ARE INFORMED BY ANNUAL BENCHMARKING PERFORMED BY PIR HUMAN RESOURCES STAFF USING DATA FROM A THIRD-PARTY VENDOR PLATFORM. BENCHMARK DATA PROVIDES BASE AND TOTAL CASH COMPENSATION RANGES FOR EACH POSITION BASED ON TITLE, YEARS OF EXPERIENCE, EDUCATION, SKILLS AND QUALIFICATIONS, INDUSTRY, AND GEOGRAPHIC LOCATION. 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 EIGHT PERSONS SERVED ON THE BOARD OF DIRECTORS DURING THE CALENDAR YEAR, WHICH ARE IDENTIFIED IN PART VII OF FORM 990. AS OF DECEMBER 31ST, 2023, THERE WERE A TOTAL OF SIX 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: IDENTITY DIGITAL LIMITED PROVIDES REGISTRY TECHNICAL SERVICES TO PUBLIC INTEREST REGISTRY INCLUDING ELECTRONIC CONNECTION TO CUSTOMERS (REGISTRARS), TO ADD, MODIFY OR DELETE DOMAIN NAMES WITHIN THE .ORG AND OTHER TOP LEVEL DOMAIN 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, IDENTITY DIGITAL LIMITED PROVIDES TECHNICAL SUPPORT IN IMPLEMENTING PUBLIC INTEREST REGISTRY'S DOMAIN NAME ABUSE POLICIES DESIGNED TO STOP OR REDUCE MALWARE, VIRUS OR OTHER ACTIVITIES. IDENTITY DIGITAL LIMITED ALSO COLLABORATES WITH PUBLIC INTEREST REGISTRY ON THE ANALYSIS AND DISCUSSION OF CUSTOMER AND BUSINESS TRENDS BOTH DOMESTICALLY AND INTERNATIONALLY. FORM 990, PART XII, LINE 2B: 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. IN ADDITION, PIR HAS SEPARATE AUDITED FINANCIAL STATEMENTS. 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