The Linux Foundation
- Assets
- $197.6m
- Revenue
- $196.0m
- Investments
- $0.0
- Employees
- 298
- Location
- San Francisco, CA
- Founding
- 02/2003
- Data as of
- 12/2023
- EIN
- 46-0503801
Organization Overview
The Linux Foundation is located in San Francisco, CA. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Linux Foundation employed 298 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Linux Foundation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Linux Foundation generated $196.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $185.2m during the year ending 12/2023. While expenses have increased by 17.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING GENERATIONS OF OPEN SOURCE INNOVATORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTS: WE FACILITATED 256 IN-PERSON AND VIRTUAL EVENTS GATHERING OVER 119K+ ATTENDEES FROM 10K+ ORGANIZATIONS ACROSS 165+ COUNTRIES. WE PROVIDED $1.64M IN COMMUNITY TRAVEL FUNDING TO ASSIST OPEN SOURCE DEVELOPERS AND CONTRIBUTORS IN ATTENDING THESE EVENTS, AND ALSO RECORDED ALL CONFERENCE CONTENT AND MADE IT FREELY AVAILABLE ONLINE, GARNERING ALMOST 1.3 MILLION VIEWS OF CONFERENCE CONTENT IN 2023.
TRAINING: OUR TRAINING PROGRAM SURPASSED 2.5 MILLION TRAINEES ON OUR E-LEARNING PLATFORMS. WE EXPANDED THE COURSE CATALOG WHICH NOW HAS 150+ TITLES, BOTH ORGANICALLY AND BY ACQUIRING SECURE KNOWLEDGE FRAMEWORK (SKF).
PROJECTS: WE ADDED 79 NEW PROJECTS IN 2023 AND ARE APPROACHING 1,000 ACTIVE PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Bird Director | Trustee | 1 | $0 |
Erica Brescia Director | Trustee | 1 | $0 |
Eileen Evans Director | Trustee | 1 | $0 |
Melissa Evers Director | Trustee | 1 | $0 |
Peixin Hou Director | Trustee | 1 | $0 |
Frank Fanzilli Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Proxima Systems Llc Platform, Affiliation And Tech Writing S | 12/30/23 | $1,629,781 |
Psi Services Llc Exam Development | 12/30/23 | $1,597,799 |
E3 Webcasting Llc Social Media Video Ads, Various Other | 12/30/23 | $1,287,680 |
Mammoth Growth Llc Analytics Architecture | 12/30/23 | $1,319,613 |
Speakeasy Strategies Llc Pr, Ar, Organic Social Support | 12/30/23 | $1,258,795 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $194,977,517 |
| Investment income | $1,046,230 |
| 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 | $196,026,148 |
| 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. | $7,111,612 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,930,229 |
| Pension plan accruals and contributions | $3,331,594 |
| Other employee benefits | $6,586,342 |
| Payroll taxes | $3,767,802 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,300,065 |
| Fees for services: Accounting | $121,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,393 |
| Fees for services: Other | $32,819,322 |
| Advertising and promotion | $5,647,433 |
| Office expenses | $10,614,982 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,236,917 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,444,184 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,249,476 |
| Total functional expenses | $185,212,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,222,820 |
| Savings and temporary cash investments | $17,462,925 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,530,134 |
| 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 | $6,990,990 |
| Net Land, buildings, and equipment | $59,435 |
| Investments—publicly traded securities | $11,289,211 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $26,201 |
| Other assets | $0 |
| Total assets | $197,581,716 |
| Accounts payable and accrued expenses | $24,594,604 |
| Grants payable | $0 |
| Deferred revenue | $36,204,828 |
| 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 | $11,881,264 |
| Total liabilities | $72,680,696 |
| Net assets without donor restrictions | $124,901,020 |
| Net assets with donor restrictions | $0 |
| 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 | $197,581,716 |