World Economic Forum

Organization Overview

World Economic Forum is located in null. The organization was established in 2016. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, World Economic Forum employed 275 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Economic Forum is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2021, World Economic Forum generated $313.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $276.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE WORLD ECONOMIC FORUM, COMMITTED TO IMPROVING THE STATE OF THE WORLD, IS THE INTERNATIONAL ORGANIZATION FOR PUBLIC-PRIVATE COOPERATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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. THE FORUM'S ANNUAL MEETING IN DAVOS IS AN INTERNATIONALLY RECOGNIZED EVENT THAT BRINGS TOGETHER MANY OF THE WORLD'S TOP BUSINESS LEADERS - INCLUDING THE CEO'S OF ITS 1,000 MEMBER COMPANIES - AS WELL AS POLITICAL LEADERS, RELIGIOUS LEADERS, NGO REPRESENTATIVES, INTELLECTUALS, AND JOURNALISTS. IN ADDITION, THE FORUM HOSTS ANNUAL AND REGIONAL MEETINGS AND ORGANIZES OTHER MEETINGS ON VARIOUS BUSINESS-RELATED TOPICS.


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.


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 BEST PRACTICES.


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Board, Officers & Key Employees

Name (title)Compensation
Klaus Schwab
Founder And Executive Chairman
$1,171,459
Borge Brende
President Of Managing Board
$1,054,313
Jeremy Jurgens
Managing Director
$798,722
Lee Howell
Managing Director
$798,722
Olivier Schwab
Managing Director
$798,722
Dominic Waughray
Managing Director
$759,319

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Felipe Carazo Ortiz
Video Services
$141,168
Slizys Simonas
Video Services
$143,305
Aguirre Ibanez Pablo
Video Services
$285,602
Petra Tanos
Consulting Services
$189,813
Patrice Reynaud
Consulting Services
$163,046
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $23,094,776
All other contributions, gifts, grants, and similar amounts not included above$20,444,280
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$43,539,056
Total Program Service Revenue$261,632,617
Investment income $836,563
Tax Exempt Bond Proceeds $0
Royalties $1,026,172
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,109,660
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $313,653,139

Peer Organizations

Organization NameAssets
World Economic Forum
$313,653,139
International Vaccine Institute
$52,033,675
International Centre For Agricultural Research In The Dry A
$28,256,556
Centro Di Studi Americani
$872,554
Rebuild Japan Initiative Foundation Usa Inc
$46,200

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