Consolidated Financial Statements and Independent Auditor’s Report and Reports in Compliance with the Uniform Guidance
Summary
The World Resources Institute (WRI) reported total assets of $141,669,442 as of September 30, 2018, an increase from $106,449,500 in 2017. The organization's primary operating revenues for 2018 totaled $111,151,598, with the majority of expenses directed toward "Policy research, technical support, and communications programs". An independent audit by Grant Thornton LLP issued an unmodified opinion, stating the financial statements present fairly the Institute's financial position. WRI maintains a permanent endowment of $25,100,000 and operates subsidiaries in India, China, and Europe to support its focus on climate, energy, food, forests, water, and cities.
Key insights
- As of September 30, 2018, the World Resources Institute and its subsidiaries held total assets of $141,669,442, compared to $106,449,500 on September 30, 2017.
- Total operating revenues for the year ended September 30, 2018, were $111,151,598, while total operating expenses for the same period were $108,881,689.
- The Institute's primary expenditure for 2018 was dedicated to "Policy research, technical support, and communications programs", totaling $99,395,855.
- The organization maintains a permanent endowment with a cost basis of $25 million, established on January 1, 1991, following a challenge loan from the MacArthur Foundation.
- Grant Thornton LLP issued an unmodified opinion on the consolidated financial statements for 2018 and 2017, concluding they "present fairly, in all material respects, the financial position of World Resources Institute and subsidiaries".
- The Institute operates through several incorporated subsidiaries, including WRI India (a for-profit company), WRI China (a not-for-profit company), and WRI Europe Stichting (a not-for-profit limited liability company).
- For the year ended September 30, 2018, the Institute's receivables were composed of 46% from foreign governments, 24% from foundations, 14% from international organizations, 12% from corporations, individuals, and others, and 4% from the U.S. government.
- The Institute's focus areas include six critical issues: Climate, Energy, Food, Forests, Water, and Cities, supported by four disciplinary centers in Business, Economics, Finance, and Governance.
Cite the original document
- APA
- World Resources Institute (2018). Consolidated Financial Statements and Independent Auditor’s Report and Reports in Compliance with the Uniform Guidance. https://wriorg.s3.amazonaws.com/s3fs-public/uploads/wri-fy18-audit-report-a133.pdf
- Chicago
- World Resources Institute. Consolidated Financial Statements and Independent Auditor’s Report and Reports in Compliance with the Uniform Guidance. 2018. https://wriorg.s3.amazonaws.com/s3fs-public/uploads/wri-fy18-audit-report-a133.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 2018 |url=https://wriorg.s3.amazonaws.com/s3fs-public/uploads/wri-fy18-audit-report-a133.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldresourcesinstitute2018consolidated, 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 = {2018}, month = sep, url = {https://wriorg.s3.amazonaws.com/s3fs-public/uploads/wri-fy18-audit-report-a133.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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