World Economic Forum
Organization summary
Type of Nonprofit
Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.
Category: International, Foreign Affairs and National Security / Research Institutes and/or Public Policy Analysis (NTEE)
Donations to this organization are not tax deductible.
Details
According to its June 2023 tax filing, this nonprofit:
Tax Filings by Year
Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.
Fiscal Year Ending June
2023
Extracted Financial Data
Extracted Financial Data from Form 990
Notable Sources of Revenue | Percent of Total Revenue | |
---|---|---|
Contributions | $56,236,375 |
14.0%
|
Program Services | $331,396,279 |
82.5%
|
Investment Income | $3,843,082 |
1.0%
|
Bond Proceeds | $0 | |
Royalties | $409,321 |
0.1%
|
Rental Property Income | $0 | |
Net Fundraising | $0 | |
Sales of Assets | $4,980,925 |
1.2%
|
Net Inventory Sales | $0 | |
Other Revenue | $4,690,608 |
1.2%
|
Notable Expenses | Percent of Total Expenses | |
---|---|---|
Executive Compensation | $16,490,260 |
4.3%
|
Professional Fundraising Fees | $0 | |
Other Salaries and Wages | $125,171,659 |
32.8%
|
Assets/Debt | ||
---|---|---|
Total Assets | $837,061,937 | |
Total Liabilities | $371,370,824 |
Other
Compensation
Key Employees and Officers | Compensation | Related | Other |
---|---|---|---|
Borge Brende (President Of Managing Board) | $1,376,903 | $0 | $243,102 |
Klaus Schwab (Founder And Executive Chairman) | $1,047,121 | $0 | $83,025 |
Jeremy Jurgens (Managing Director) | $942,408 | $0 | $183,638 |
Document Links
990
Filed on May 8, 2024Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending June
2022
Extracted Financial Data
Extracted Financial Data from Form 990
Notable Sources of Revenue | Percent of Total Revenue | |
---|---|---|
Contributions | $51,328,911 |
13.9%
|
Program Services | $299,125,767 |
80.8%
|
Investment Income | $1,305,909 |
0.4%
|
Bond Proceeds | $0 | |
Royalties | $1,490,935 |
0.4%
|
Rental Property Income | $0 | |
Net Fundraising | $0 | |
Sales of Assets | $11,420,116 |
3.1%
|
Net Inventory Sales | $0 | |
Other Revenue | $5,745,104 |
1.6%
|
Notable Expenses | Percent of Total Expenses | |
---|---|---|
Executive Compensation | $13,983,428 |
4.4%
|
Professional Fundraising Fees | $0 | |
Other Salaries and Wages | $106,060,320 |
33.7%
|
Assets/Debt | ||
---|---|---|
Total Assets | $768,372,322 | |
Total Liabilities | $341,416,253 |
Other
Compensation
Key Employees and Officers | Compensation | Related | Other |
---|---|---|---|
Klaus Schwab (Founder And Executive Chairman) | $1,006,575 | $0 | $87,517 |
Borge Brende (President Of Managing Board) | $959,076 | $0 | $124,076 |
Murat Sonmez (Former Managing Director) | $927,685 | $0 | $17,768 |
Document Links
990
Filed on May 8, 2023Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending June
2021
Extracted Financial Data
Extracted Financial Data from Form 990
Notable Sources of Revenue | Percent of Total Revenue | |
---|---|---|
Contributions | $43,539,056 |
13.9%
|
Program Services | $261,632,617 |
83.4%
|
Investment Income | $836,563 |
0.3%
|
Bond Proceeds | $0 | |
Royalties | $1,026,172 |
0.3%
|
Rental Property Income | $0 | |
Net Fundraising | $0 | |
Sales of Assets | $3,109,660 |
1.0%
|
Net Inventory Sales | $0 | |
Other Revenue | $3,509,071 |
1.1%
|
Notable Expenses | Percent of Total Expenses | |
---|---|---|
Executive Compensation | $16,831,660 |
6.1%
|
Professional Fundraising Fees | $0 | |
Other Salaries and Wages | $115,209,134 |
41.7%
|
Assets/Debt | ||
---|---|---|
Total Assets | $741,935,649 | |
Total Liabilities | $315,926,304 |
Other
Compensation
Key Employees and Officers | Compensation | Related | Other |
---|---|---|---|
Klaus Schwab (Founder And Executive Chairman) | $1,171,459 | $0 | $7,088 |
Borge Brende (President Of Managing Board) | $1,054,313 | $0 | $134,142 |
Lee Howell (Managing Director) | $798,722 | $0 | $102,935 |
Document Links
990
Filed on May 3, 2022Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending June
2020
Extracted Financial Data
Extracted Financial Data from Form 990
Notable Sources of Revenue | Percent of Total Revenue | |
---|---|---|
Contributions | $30,800,117 |
8.5%
|
Program Services | $305,834,725 |
84.8%
|
Investment Income | $1,557,612 |
0.4%
|
Bond Proceeds | $0 | |
Royalties | $0 | |
Rental Property Income | $0 | |
Net Fundraising | $0 | |
Sales of Assets | $10,576,472 |
2.9%
|
Net Inventory Sales | $0 | |
Other Revenue | $11,870,488 |
3.3%
|
Notable Expenses | Percent of Total Expenses | |
---|---|---|
Executive Compensation | $16,824,326 |
5.0%
|
Professional Fundraising Fees | $0 | |
Other Salaries and Wages | $111,204,998 |
33.0%
|
Assets/Debt | ||
---|---|---|
Total Assets | $691,686,183 | |
Total Liabilities | $312,238,649 |
Other
Compensation
Key Employees and Officers | Compensation | Related | Other |
---|---|---|---|
Klaus Schwab (Founder And Executive Chairman) | $1,106,640 | $0 | $4,510 |
Borge Brende (President Of Managing Board) | $995,976 | $0 | $106,643 |
Lee Howell (Managing Director) | $725,185 | $0 | $91,532 |
Document Links
990
Filed on April 14, 2021Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending June
2019
Extracted Financial Data
Extracted Financial Data from Form 990
Notable Sources of Revenue | Percent of Total Revenue | |
---|---|---|
Contributions | $18,527,704 |
5.5%
|
Program Services | $298,635,508 |
88.3%
|
Investment Income | $2,279,608 |
0.7%
|
Bond Proceeds | $0 | |
Royalties | $0 | |
Rental Property Income | $0 | |
Net Fundraising | $0 | |
Sales of Assets | $7,821,849 |
2.3%
|
Net Inventory Sales | $0 | |
Other Revenue | $10,892,184 |
3.2%
|
Notable Expenses | Percent of Total Expenses | |
---|---|---|
Executive Compensation | $18,853,488 |
6.0%
|
Professional Fundraising Fees | $0 | |
Other Salaries and Wages | $96,654,113 |
30.5%
|
Assets/Debt | ||
---|---|---|
Total Assets | $607,640,514 | |
Total Liabilities | $273,754,694 |
Other
Compensation
Key Employees and Officers | Compensation | Related | Other |
---|---|---|---|
Klaus Schwab (Founder And Executive Chairman) | $1,123,596 | $0 | $4,579 |
Borge Brende (President) | $1,011,236 | $0 | $108,277 |
Cheryl Martin (Managing Dir Until 11/30/2018) | $843,972 | $0 | $85,780 |
Document Links
990
Filed on May 5, 2020Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending June
2018
Extracted Financial Data
Extracted Financial Data from Form 990
Notable Sources of Revenue | Percent of Total Revenue | |
---|---|---|
Contributions | $18,163,548 |
5.7%
|
Program Services | $287,303,372 |
90.3%
|
Investment Income | $757,337 |
0.2%
|
Bond Proceeds | $0 | |
Royalties | -$5,426 | |
Rental Property Income | $0 | |
Net Fundraising | $0 | |
Sales of Assets | $7,106,547 |
2.2%
|
Net Inventory Sales | $0 | |
Other Revenue | $4,675,884 |
1.5%
|
Notable Expenses | Percent of Total Expenses | |
---|---|---|
Executive Compensation | $17,208,801 |
6.3%
|
Professional Fundraising Fees | $0 | |
Other Salaries and Wages | $87,636,032 |
32.1%
|
Assets/Debt | ||
---|---|---|
Total Assets | $568,719,750 | |
Total Liabilities | $260,450,621 |
Other
Compensation
Key Employees and Officers | Compensation | Related | Other |
---|---|---|---|
Klaus Schwab (Founder And Executive Chairman) | $1,126,400 | $0 | $4,590 |
Richard Samans (Managing Director) | $841,926 | $0 | $143,860 |
Lee Howell (Managing Director) | $777,298 | $0 | $158,838 |
Document Links
990
Filed on May 10, 2019Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending June
2017
Extracted Financial Data
Extracted Financial Data from Form 990
Notable Sources of Revenue | Percent of Total Revenue | |
---|---|---|
Contributions | $20,325,602 |
7.3%
|
Program Services | $249,504,764 |
89.2%
|
Investment Income | $4,259,106 |
1.5%
|
Bond Proceeds | $0 | |
Royalties | $492,099 |
0.2%
|
Rental Property Income | $0 | |
Net Fundraising | $0 | |
Sales of Assets | $0 | |
Net Inventory Sales | $0 | |
Other Revenue | $5,141,308 |
1.8%
|
Notable Expenses | Percent of Total Expenses | |
---|---|---|
Executive Compensation | $13,260,669 |
4.8%
|
Professional Fundraising Fees | $0 | |
Other Salaries and Wages | $75,805,491 |
27.2%
|
Assets/Debt | ||
---|---|---|
Total Assets | $472,969,075 | |
Total Liabilities | $202,683,791 |
Other
Compensation
Key Employees and Officers | Compensation | Related | Other |
---|---|---|---|
Klaus Schwab (Founder And Executive Chairman) | $1,100,000 | $0 | $4,483 |
Murat Sonmez (Member Of The Managing Board) | $758,640 | $0 | $75,448 |
Richard Samans (Member Of The Managing Board) | $753,127 | $0 | $169,019 |
Document Links
990
Filed on May 10, 2018Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending June
2016
Extracted Financial Data
Extracted Financial Data from Form 990
Notable Sources of Revenue | Percent of Total Revenue | |
---|---|---|
Contributions | $3,675,984 |
5.5%
|
Program Services | $59,661,723 |
89.8%
|
Investment Income | $361,993 |
0.5%
|
Bond Proceeds | $0 | |
Royalties | $73,314 |
0.1%
|
Rental Property Income | $0 | |
Net Fundraising | $0 | |
Sales of Assets | $0 | |
Net Inventory Sales | $0 | |
Other Revenue | $2,676,228 |
4.0%
|
Notable Expenses | Percent of Total Expenses | |
---|---|---|
Executive Compensation | $6,485,464 |
9.4%
|
Professional Fundraising Fees | $0 | |
Other Salaries and Wages | $21,074,915 |
30.7%
|
Assets/Debt | ||
---|---|---|
Total Assets | $336,911,574 | |
Total Liabilities | $154,746,325 |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
About This Data
Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.
The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.
In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.
We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.