World Economic Forum

Not tax-deductible

New York, NY501(c)(6)Since 1971InternationalEIN 98-0459408Revenue $528.8M in FY2025

On file with the IRSweforum.org350 Madison Ave, 10017-3700 · New York, NYTax-exempt since Aug 2016

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Run by 29 volunteers and 193 employees.
People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $25.6M a year · 6% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$16.1M
to officers and key staff · 3% of spending
Top officer’s pay higher than 99% of similar orgs
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $2.5M
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$448.8M
47% of total assets
Looks good: liabilities are 47% of assets; 50% or less.
Pt X · Ln 26
Independent board members
29
of 30 voting members
Looks good: 29 of 30 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$528.8M
+20% vs prior year
Spent
$516.4M
Net assets
$515.0M
By yearFY2020–FY2025
Revenue
$528.8M
FY2025▲ +20%
Tap a bar for its year
Revenue by fiscal year
FY2020$360.6M
FY2021$313.7M
FY2022$370.4M
FY2023$401.6M
FY2024$442.5M
FY2025$528.8M
Expenses
$516.4M
FY2025▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$336.5M
FY2021$276.1M
FY2022$315.0M
FY2023$382.0M
FY2024$438.4M
FY2025$516.4M
Net assets
$515.0M
FY2025▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$379.4M
FY2021$426.0M
FY2022$427.0M
FY2023$465.7M
FY2024$468.4M
FY2025$515.0M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

56 people listed on the 990; $16.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President of Managing Board
$1,611,805Pt VII · Sec A
Founder and Executive Chairman
$1,135,074Pt VII · Sec A
Managing Director
$1,021,566Pt VII · Sec A
Managing Director
$856,980Pt VII · Sec A
Managing Director
$851,873Pt VII · Sec A
Managing Director
$851,305Pt VII · Sec A
Managing Director
$851,305Pt VII · Sec A
Managing Director
$851,305Pt VII · Sec A

Borge Brende’s $1.6M as President of Managing Board is at the 99th percentile of top reported officer pay among 88 $100M+ international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Borge Brende$1,611,805$1,667,668$1,376,903$959,076$1,054,313$995,976
Sarita Nayyar—$1,493,234$747,571$744,743$734,402$690,862
Klaus Schwab$1,135,074$1,112,347$1,047,121$1,006,575$1,171,459$1,106,640
Jeremy Jurgens$1,021,566$1,001,112$942,408$730,514$798,722$725,185
Murat Sonmez———$927,685$752,459$716,945
David Aikman———$889,907$637,593$619,427
Saadia Zahidi$856,980$834,260$803,394$716,992$697,551$565,393
Gim Huay Neo$851,305$834,260$855,750———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves the world by fostering public-private cooperation.

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3 programs · in their own filed words · FY2024
01

Meetings the forum hosts a variety of meetings on an annual basis including the annual meeting in davos, an annual meeting of new champions in china, and multiple regional meetings around the world.

Pt IX · col B
02

Reports the forum conducts research and issues substantive reports and whitepapers that focus on the intersections between geopolitics, economics, technology, and society. The research activities have included economic competitiveness, global risks, gender parity, and security, emphasizing benchmarking strategic foresight, and sharing…

Pt IX · col B
03

Business networks and initiatives the forum has developed a number of partnership networks that are designed to link businesses based on different characteristics, such as region or industry. Additionally, the forum sponsors initiatives that encourage public-private partnerships to tackle global issues.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 5 funders$2.5M
See all 5 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$528.8M
Ln 12
Fees for servicesLn 2g$403.0M
Gifts and grantsLn 1h$92.4M
Investment incomeLn 3$23.9M
Money outPt IX
$516.4M
Ln 25
Owns and owesPt X
$515.0M
net assets · Ln 32
Cash and savingsLn 1–2$277.7M
Total assetsLn 16$963.8M
LiabilitiesLn 26$448.8M
PeoplePt VI, VII
56
listed · VII A
PaidVII A24
Voting boardVI 1a30
IndependentVI 1b29
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$92.4M
Government grantsLn 1e$35.6M
Fees for servicesLn 2g$403.0M
Investment incomeLn 3$23.9M
Other incomeLn 4–11$9.5M
Gains on assetsLn 7$11.3M
Total revenueLn 12$528.8M
Assets in detailPt X, end of year
CashLn 1$260.0M
SavingsLn 2$17.7M
Cash and savings togetherLn 1–2$277.7M
InvestmentsLn 11–13$475.8M
Land, buildings, equipmentLn 10c$119.0M
Other assetsLn 15$11.4M
Total assetsLn 16$963.8M
LiabilitiesLn 26$448.8M
Net assetsLn 32$515.0M
OperationsPt I, VI
EmployeesI 5193
VolunteersI 629
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$174.6M$277.7M
InvestmentsLn 11–13$480.8M$475.8M
Land, buildings, equipmentLn 10c$117.7M$119.0M
Total assetsLn 16$860.9M$963.8M
LiabilitiesLn 26$392.4M$448.8M
Net assetsLn 32$468.4M$515.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$18.8M
Pay of disqualified personsLn 6$264K
Other salaries and wagesLn 7$178.2M
Pension plan contributionsLn 8$17.2M
Other employee benefitsLn 9$26.0M
Payroll taxesLn 10$1.7M
Management feesLn 11a$265K
Legal feesLn 11b$33.7M
Accounting feesLn 11c$903K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$44.3M
Advertising and promotionLn 12$0
Office expensesLn 13$13.6M
Information technologyLn 14$35.6M
RoyaltiesLn 15$0
OccupancyLn 16$18.8M
TravelLn 17$31.9M
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$59.8M
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$8.4M
InsuranceLn 23$519K
Other expenses (24a–d)Ln 24$26.2M
Total functional expensesLn 25$516.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $528.8M$516.4M$12.5M$515.0M 990 PDF
FY2024 $442.5M$438.4M$4.1M$468.4M 990 PDF
FY2023 $401.6M$382.0M$19.6M$465.7M 990 PDF
FY2022 $370.4M$315.0M$55.4M$427.0M 990 PDF
FY2021 $313.7M$276.1M$37.6M$426.0M 990 PDF
FY2020 $360.6M$336.5M$24.2M$379.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $528,837,504 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $56,254,947$92,437,252
I-9 Program service revenuePrior year $346,034,181$403,040,456
I-10 Investment incomePrior year $17,064,147$23,890,233
I-11 Other revenuePrior year $23,139,527$9,469,563
I-12 Total revenuePrior year $442,492,802$528,837,504
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $193,900,013$242,229,432
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $244,483,302$274,137,180
I-18 Total expensesPrior year $438,383,315$516,366,612
I-19 Revenue less expensesPrior year $4,109,487$12,470,892
Part VI · Governance 29 of 30 board members independent, 1 to look at
VI-1a Voting members of the governing body30
VI-1b Independent voting members29
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $528,837,504 across 11 lines filed
VIII-1e Government grants$35,604,902
VIII-1f All other contributions, gifts and grants$56,832,350
VIII-1h Total contributions, gifts and grants$92,437,252
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $403,040,456$403,040,456
VIII-3 Investment incomeExcluded from tax $12,638,193$12,638,193
VIII-5 RoyaltiesExcluded from tax $182,833$182,833
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $11,252,040$11,252,040
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,442,311 · Excluded from tax $6,844,419$9,286,730
VIII-12 Total revenueRelated to mission $405,482,767 · Unrelated business $0 · Excluded from tax $30,917,485$528,837,504
Part IX · Statement of functional expenses $516,366,612 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$18,777,673
IX-6 Pay of disqualified persons$264,338
IX-7 Other salaries and wages$178,244,476
IX-8 Pension plan contributions$17,222,349
IX-9 Other employee benefits$26,041,643
IX-10 Payroll taxes$1,678,953
IX-11a Management fees$264,797
IX-11b Legal fees$33,718,789
IX-11c Accounting fees$903,030
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$44,336,764
IX-12 Advertising and promotion$0
IX-13 Office expenses$13,582,195
IX-14 Information technology$35,619,561
IX-15 Royalties$0
IX-16 Occupancy$18,846,058
IX-17 Travel$31,891,429
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$59,775,137
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$8,434,425
IX-23 Insurance$519,296
IX-24 Other expenses (24a–d)$26,245,699
IX-25 Total functional expenses$516,366,612
Part X · Balance sheet $963,758,243 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $163,052,801$260,008,265
X-2 Savings and temporary cash investmentsStart of year $11,505,839$17,710,370
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $61,961,232$59,645,763
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $14,204,879$9,527,961
X-10c Land, buildings and equipment, netStart of year $117,650,688$119,002,390
X-11 Publicly traded securitiesStart of year $478,674,764$473,387,075
X-12 Other securitiesStart of year $2,089,718$2,374,608
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $1$10,660,244
X-15 Other assetsStart of year $11,727,597$11,441,567
X-16 Total assetsStart of year $860,867,519$963,758,243
X-17 Accounts payable and accrued expensesStart of year $89,719,934$108,572,476
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $179,180,034$204,022,588
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $17,856,795$17,297,758
X-26 Total liabilitiesStart of year $392,440,463$448,761,572
X-27 Net assets without donor restrictionsStart of year $468,427,056$514,996,671
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $468,427,056$514,996,671
X-33 Total liabilities and net assetsStart of year $860,867,519$963,758,243
Part XI · Reconciliation of net assets $514,996,671 net assets at year end
XI-1 Total revenue$528,837,504
XI-2 Total expenses$516,366,612
XI-3 Revenue less expenses$12,470,892
XI-4 Net assets at start of year$468,427,056
XI-5 Net unrealized gains (losses) on investments−$9,445,121
XI-9 Other changes in net assets$43,543,844
XI-10 Net assets at end of year$514,996,671

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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