Funding

The Council’s principal source of core income is dues from Members. The other major sources of income are grants from its host country France, various organizations and foundations.

The General Assembly approves draft budgets for the next triennium upon proposals received from the Executive Board, which is charged with finalizing the annual budgets. After consideration by the Committee on Finance and the Executive Board, the audited annual accounts are sent to all Members for approval. The ICSU Regional Offices are mainly supported by their host countries, with some funding from ICSU and other sources.

Members Dues

Annual dues are paid in accordance with Statute 41: ‘Each Member of ICSU shall pay annual dues within a scale determined by the General Assembly. Each International and Regional Scientific Associate shall pay annual dues determined by the General Assembly. National Associates pay no dues’.  The dues are based on the decision of the 30th General Assembly in 2011 and a new system of dues for National Members based on GDP and for Scientific Union Members based on their income from dues came into effect in 2012. Dues of International Associates are fixed at €500.

National Member Dues:
Union Member Dues:
Statement of income and expenditure for 2015
Income
Euros

Membership dues

Membership dues

Euros

Members

2,382,097

Members

Euros

2,382,097

Scientific Unions

188,279

Scientific Unions

Euros

188,279

Scientific Associates

11,000

Scientific Associates

Euros

11,000

Provision Arrears

162,389

Provision Arrears

Euros

162,389

NSF support for WCRP

69,234

NSF support for WCRP

Euros

69,234

Grants from NSF

435,931

Grants from NSF

Euros

435,931

France

500,000

France

Euros

500,000

Other grant for IRDR RIO+20 Global Sustain.

1,093,087

Other grant for IRDR RIO+20 Global Sustain.

Euros

1,093,087

Ruentex donation

– 958,124

Ruentex donation

Euros

– 958,124

Other income

29,461

Other income

Euros

29,461

Cancellation other provision

9,782

Cancellation other provision

Euros

9,782

Investment income

39,981

Investment income

Euros

39,981

Total income

3,963,117

Total income

Euros

3,963,117

Expenditure
Euros

Governance meetings

163,082

Governance meetings

Euros

163,082

Policy committees

182,650

Policy committees

Euros

182,650

Scientific activities

695,582

Scientific activities

Euros

695,582

ICSU Regional Offices

242,727

ICSU Regional Offices

Euros

242,727

Outreach

170,189

Outreach

Euros

170,189

Human resources

1,974,887

Human resources

Euros

1,974,887

Administration / Overheads

192,931

Administration / Overheads

Euros

192,931

Contingency / Provision

18,225

Contingency / Provision

Euros

18,225

Other expenses

10,109

Other expenses

Euros

10,109

Investment charges & losses*

25,272

Investment charges & losses*

Euros

25,272

Total expenditure

3,675,654

Total expenditure

Euros

3,675,654

Excess of income over expenditure

287,463

Excess of income over expenditure

Euros

287,463

* Including provision for unrealized losses on Portfolio for a total amount of 9,7K €

Balance Sheet
Assets
Euros

Bank & cash balances

3,216,114

Bank & cash balances

Euros

3,216,114

Marketable securities

1,495,649

Marketable securities

Euros

1,495,649

NSF & UNESCO, funds for IRDR & RIO+20

277,701

NSF & UNESCO, funds for IRDR & RIO+20

Euros

277,701

Others assets

75,765

Others assets

Euros

75,765

Fixed assets

21,752

Fixed assets

Euros

21,752

Total assets

5,086,981

Total assets

Euros

5,086,981

Liabilities
Euros

External funds allocated

958,124

External funds allocated

Euros

958,124

Sundry creditors & accruals

581,104

Sundry creditors & accruals

Euros

581,104

Provision / Retirement

335,526

Provision / Retirement

Euros

335,526

Total liabilities

1,874,754

Total liabilities

Euros

1,874,754

Reserves
Euros

Mandatory reserve

1,500,000

Mandatory reserve

Euros

1,500,000

General fund / Retained earnings

1,424,764

General fund / Retained earnings

Euros

1,424,764

Total reserves

2,924,764

Total reserves

Euros

2,924,764

Net Result

287,462

Net Result

287,462