Consolidated Financial Statements and Independent Auditor’s Report and Reports in Compliance with the Uniform Guidance
Summary
This document presents the consolidated financial statements and independent auditor's reports for the World Resources Institute (WRI) and its subsidiaries for the fiscal years ending September 30, 2016, and 2015. It includes statements of financial position, activities, and cash flows, alongside detailed notes on accounting policies, investments, and significant grant contracts.
Key insights
- The World Resources Institute and its subsidiaries reported total assets of $108,201,902 as of September 30, 2016, an increase from $97,500,992 on September 30, 2015.
- Total revenue for the year ended September 30, 2016, was $99,365,271, compared to $69,083,832 for the year ended September 30, 2015.
- Total expenses for the fiscal year ending September 30, 2016, were $89,632,638, with the majority allocated to policy research, technical support, and communications programs ($81,920,569).
- As of September 30, 2016, the Institute's investments totaled $36,727,548, including $14,215,534 in equity securities and $11,768,874 in hedge funds.
- The Institute maintains a permanent endowment established on January 1, 1991, with a cost basis of $25 million.
- Foreign governments represented the largest share of grants, pledges, and contracts receivable at 56% as of September 30, 2016.
- The Institute received significant core funding from the Netherlands Ministry of Foreign Affairs, including a $8,600,000 grant awarded October 1, 2012, and a subsequent 3-year extension of $12,900,000 awarded June 17, 2014.
- For the year ended September 30, 2016, the Institute's total federal expenditures were $7,323,328, with the U.S. Agency for International Development (USAID) providing the bulk of this funding ($6,959,449).
- Grant Thornton LLP issued an unmodified opinion on the consolidated financial statements and the compliance of major federal programs for the year ended September 30, 2016.
- The auditor's report on internal control over financial reporting stated that no material weaknesses were identified during the audit.
Cite the original document
- APA
- World Resources Institute (2016). Consolidated Financial Statements and Independent Auditor’s Report and Reports in Compliance with the Uniform Guidance. https://wriorg.s3.amazonaws.com/s3fs-public/uploads/FY2016_A-133_Audit_Report.pdf
- Chicago
- World Resources Institute. Consolidated Financial Statements and Independent Auditor’s Report and Reports in Compliance with the Uniform Guidance. 2016. https://wriorg.s3.amazonaws.com/s3fs-public/uploads/FY2016_A-133_Audit_Report.pdf.
- Wikipedia
- {{cite report |author=World Resources Institute |title=Consolidated Financial Statements and Independent Auditor’s Report and Reports in Compliance with the Uniform Guidance |date=30 September 2016 |url=https://wriorg.s3.amazonaws.com/s3fs-public/uploads/FY2016_A-133_Audit_Report.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldresourcesinstitute2016consolidated, author = {{World Resources Institute}}, title = {{Consolidated Financial Statements and Independent Auditor’s Report and Reports in Compliance with the Uniform Guidance}}, institution = {World Resources Institute}, year = {2016}, month = sep, url = {https://wriorg.s3.amazonaws.com/s3fs-public/uploads/FY2016_A-133_Audit_Report.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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