Consolidated Financial Statements and Report of Independent Certified Public Accountants
Summary
The World Resources Institute (WRI) reported total assets of $108,201,902 as of September 30, 2016, with total revenues for that year reaching $99,365,271. The organization operates through several legal entities, including subsidiaries in India, China, and Europe, focusing on critical issues such as climate, energy, food, forests, water, and cities and transport. An independent audit by Grant Thornton LLP concluded that the financial statements present fairly, in all material respects, the financial position of the Institute and its subsidiaries.
Key insights
- As of September 30, 2016, the World Resources Institute and its subsidiaries held total assets of $108,201,902, an increase from $97,500,992 in 2015. This includes $15,091,949 in cash and cash equivalents and $36,727,548 in investments.
- Total revenues for the year ended September 30, 2016, were $99,365,271, compared to $69,083,832 in 2015. The primary revenue source was grants, contributions, and contracts, which totaled $90,182,957 in 2016.
- Total expenses for the fiscal year 2016 were $89,632,638, with the vast majority allocated to 'Policy research, technical support, and communications programs' at $81,920,569.
- The Institute's net assets as of September 30, 2016, totaled $90,746,134, consisting of $4,261,571 in unrestricted net assets, $61,384,563 in temporarily restricted net assets, and $25,100,000 in permanently restricted net assets.
- WRI operates through five legal entities: the World Resources Institute, the World Resources Institute Fund (WRIF), World Resources Institute India (WRII), WRI Environment Management Consultancy (Beijing) Co, Ltd. (WRI China), and WRI Europe Stichting (WRI Europe).
- The Institute maintains a permanent endowment established on January 1, 1991, at a cost basis of $25 million, with a spending guideline normally set at 5% of the trailing 12 quarter average market value of the investments.
Cite the original document
- APA
- World Resources Institute (2016). Consolidated Financial Statements and Report of Independent Certified Public Accountants. https://wriorg.s3.amazonaws.com/s3fs-public/uploads/FY2016_Regular_Audit_Report.pdf
- Chicago
- World Resources Institute. Consolidated Financial Statements and Report of Independent Certified Public Accountants. 2016. https://wriorg.s3.amazonaws.com/s3fs-public/uploads/FY2016_Regular_Audit_Report.pdf.
- Wikipedia
- {{cite report |author=World Resources Institute |title=Consolidated Financial Statements and Report of Independent Certified Public Accountants |date=30 September 2016 |url=https://wriorg.s3.amazonaws.com/s3fs-public/uploads/FY2016_Regular_Audit_Report.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldresourcesinstitute2016consolidated, author = {{World Resources Institute}}, title = {{Consolidated Financial Statements and Report of Independent Certified Public Accountants}}, institution = {World Resources Institute}, year = {2016}, month = sep, url = {https://wriorg.s3.amazonaws.com/s3fs-public/uploads/FY2016_Regular_Audit_Report.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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