Software In The Public Interest Inc
- Assets
- $3.1m
- Revenue
- $522.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 11-3390208
Organization Overview
Software In The Public Interest Inc, operating under the name Spi, is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spi is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Spi generated $522.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $413.2k during the year ending 12/2021. While expenses have increased by 11.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOFTWARE IN THE PUBLIC INTEREST ("SPI") IS A NOT FOR PROFIT ORGANIZATION WHICH WAS FOUNDED TO HELP ORGANIZATIONS DEVELOP AND DISTRIBUTE OPEN HARDWARE AND SOFTWARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1) THE ORGANIZATION SPONSORS CONFERENCES FOR PEOPLE WORKING IN THE AREA OF OPEN SOURCE SOFTWARE. MOST CONFERENCES ARE PAID FOR BY UNINCORPORATED ENTITIES WHICH RELY ON THE ORGANIZATION FOR PLANNING, SUPPORT, AND TECHNICAL ASSISTANCE. 2) THE ORGANIZATION PROVIDES FOR DEVELOPMENT OF OPEN SOURCE HARDWARE AND SOFTWARE. 3) THE ORGANIZATION MAKES GRANTS TO 501(C)(3) ORGANIZATIONS WITH SIMILAR MISSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hector Oron Martinez Treasurer | OfficerTrustee | 5 | $0 |
Timothy Potter Secretary | OfficerTrustee | 5 | $0 |
Stephen Frost Vice President | OfficerTrustee | 5 | $0 |
Michael Schultheiss President | OfficerTrustee | 10 | $0 |
Milan Kupcevic Director | Trustee | 1 | $0 |
Chris Lamb Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $474,360 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $474,360 |
| Total Program Service Revenue | $4,775 |
| Investment income | $43,584 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $522,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,088 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,318 |
| Insurance | $2,670 |
| All other expenses | $34,262 |
| Total functional expenses | $413,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,729,749 |
| Savings and temporary cash investments | $192,834 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,442 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28 |
| Net Land, buildings, and equipment | $126,213 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,096,266 |
| Accounts payable and accrued expenses | $23,071 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,071 |
| Net assets without donor restrictions | $501,178 |
| Net assets with donor restrictions | $2,572,017 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,096,266 |
Grants Awarded
Over the last fiscal year, Software In The Public Interest Inc has awarded $40,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Claymont, DE PURPOSE: Initial funding of Haskell.org, Inc. | $30,000 |
Brooklyn, NY PURPOSE: Support for not-for-profit accounting project | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Software In The Public Interest Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Waterham Fdn Tua Tr Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Griffiss Institute Inc Rome, NY | $5,351,291 | $13,272,090 |
National Cyber Forensics And Training Alliance Pittsburgh, PA | $13,130,899 | $8,876,225 |
Scratch Foundation Boston, MA | $12,660,412 | $10,034,461 |
Powermylearning Inc New York, NY | $8,303,195 | $9,294,963 |
Software Freedom Conservancy Inc Brooklyn, NY | $6,623,240 | $4,357,006 |
Society For Management Information Systems Mount Laurel, NJ | $1,533,755 | $2,485,460 |
Owasp Foundation Inc Wakefield, MA | $1,369,843 | $2,158,507 |
New York City Foundation For Computer Science Education New York, NY | $1,500,469 | $2,506,361 |
Participatory Culture Foundation Boston, MA | $1,418,302 | $1,710,892 |
Free Software Foundation Inc Boston, MA | $2,824,546 | $1,875,386 |
Entropy Software Foundation Inc Woodbury, NY | $186,783 | $920,000 |
Ethereum Classic Cooperative Llc New York, NY | $5,145,057 | $5,191,092 |