ICANN is the Internet Corporation for Assigned Names and Numbers. Put simply, it is a nonprofit organisation established in 1998 which ensures that the internet runs in a stable and secure manner through technical maintenance and policies. It manages the domain name system [DNS] which makes the internet easily usable by allowing people to go to website through easily memorable domain names instead of accessing them through a series of numbers which are called IP addresses.
Some of ICANN's responsibilities include:
ICANN is managed by a board of directors and is made up of three supporting organisations, as well as various sub-groups, committees, working groups, and advisory committees including the Governmental Advisory Committee which includes representatives from over 100 countries.
In 2013 ICANN produced this video about their inner workings and global responsibilities:
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