Python Software Foundation FY2023 filing

Tax-deductible

Beaverton, OR501(c)(3)Science & TechnologyEIN 04-3594598Revenue $4.2M in FY2023

On file with the IRSpython.org/psf9450 Sw Gemini Drive Ecm 90772, 97008-7105 · Beaverton, ORTax-exempt since Feb 2003Publicly supported charity — 170(b)(1)(A)(vi)

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To promote, protect, and advance the Python programming language, and to support and facilitate the growth of a diverse and international community of Python programmers. See our 2021 Annual Report for more information: https://www.python.org/psf/annual-report/2021/.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$715K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $82K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$715K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 14.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $113K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$747K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.2M
+8% vs prior year
Spent
$4.3M
To programs
83%
Net assets
$4.7M
By yearFY2020–FY2024
Revenue
$4.2M
FY2023▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.2M
FY2021$2.3M
FY2022$3.9M
FY2023$4.2M
FY2024$4.1M
Expenses
$4.3M
FY2023▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$1.7M
FY2022$3.4M
FY2023$4.3M
FY2024$5.8M
Net assets
$4.7M
FY2023▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.8M
FY2021$4.4M
FY2022$4.8M
FY2023$4.7M
FY2024$3.4M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $3.6M Management & general 12% · $537K Fundraising 5% · $198K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $715K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director of Infrastructure
$191,529Pt VII · Sec A
Secretary, Executive Director, Director
$154,054Pt VII · Sec A
Director of Resource Development
$149,697Pt VII · Sec A
Security Developer-In-Residence
$116,732Pt VII · Sec A
Controller
$102,764Pt VII · Sec A
Chair, Former Treasurer, Director
$0Pt VII · Sec A
Former Chair, Director
$0Pt VII · Sec A
Vice Chair, Director
$0Pt VII · Sec A

Seth Larson’s $239K as Security Developer-In-Residence is at the 73rd percentile of top reported officer pay among 363 $1–10M science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Seth Larson$238,657$116,732———
Ee Durbin$203,105$191,529$168,995$139,737—
Mike Fiedler$199,219————
Ewa Jodlowska———$163,789$125,907
Loren Crary$155,120$149,697$139,141——
Deborah Nicholson$145,326$154,054$101,045——
Ernest W Durbin III————$124,305
Phyllis Dobbs$109,570$102,764———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports and grows the Python programming language and its global community.

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Provided by the organization

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3 programs · $2.8M · in their own filed words · FY2023
01

PyCon US is the largest annual gathering for the community that uses and develops the open-source Python programming language. PyCon US 2023 was offered in a hybrid format for the second time with 2,159 in-person attendees in Salt Lake City, UT and 491 online attendees. A record 1,705 Pythonistas were first-time attendees!

$2.1Mprogram expense
02

The PSF awarded $374K in grants to projects and events related to the development of Python, Python-related technology, educational programs, and resources. Events include worldwide conferences, PyLadies and Django Girls workshops, education, and training programs related to the establishment and promotion of the free and open source…

$414Kprogram expense
03

The PSF provides fiscal sponsorship for Python-focused user groups, events, and projects. These groups hold regular education and networking meetings and/or present regional Python conferences.

$240Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$113K
See all 3 funders →
Grants paid · 22 grants · $954K · 2020–2024
Unitemized GrantFY2024$297,361
Unitemized GrantFY2024$53,088
Unitemized GrantFY2024$11,675
Unitemized GrantFY2024$8,000
Unitemized GrantFY2024$5,200
Unitemized GrantFY2024$1,593
Unitemized GrantFY2024$612
Unitemized GrantFY2024$500
Unitemized GrantFY2023$279,515
Pytexas FoundationTX · FY2023$6,900
Unitemized GrantFY2023$6,267
Unitemized GrantFY2022$175,862
Unitemized GrantFY2022$31,315
Unitemized GrantFY2022$2,115
Meg Ray Consulting LLCFY2021$18,500
Unitemized GrantFY2021$4,656
Unitemized GrantFY2021$3,523
See all 22 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$4.2M
Ln 12
Gifts and grantsLn 1h$2.9M
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$139K
Money outPt IX
$4.3M
Ln 25
Programscol B$3.6M
Managementcol C$537K
Fundraisingcol D$198K
Owns and owesPt X
$4.7M
net assets · Ln 32
Cash and savingsLn 1–2$5.1M
Total assetsLn 16$5.4M
LiabilitiesLn 26$747K
PeoplePt VI, VII
21
listed · VII A
PaidVII A5
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.9M
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$52K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$139K
Other incomeLn 4–11$4K
Total revenueLn 12$4.2M
Assets in detailPt X, end of year
CashLn 1$683K
SavingsLn 2$4.4M
Cash and savings togetherLn 1–2$5.1M
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$5.4M
LiabilitiesLn 26$747K
Net assetsLn 32$4.7M
OperationsPt I, VI
EmployeesI 510
VolunteersI 61,132
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$5.4M$5.1M
InvestmentsLn 11–13$0$0
Total assetsLn 16$5.8M$5.4M
LiabilitiesLn 26$973K$747K
Net assetsLn 32$4.8M$4.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$28K$28K
Grants to domestic individualsLn 2$290K$290K
Grants and assistance to foreign recipientsLn 3$369K$369K
Benefits paid to or for membersLn 4$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$1.2M$684K$350K$145K
Pension plan contributionsLn 8$36K$21K$11K$4K
Other employee benefitsLn 9$119K$35K$78K$6K
Payroll taxesLn 10$90K$52K$26K$11K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$24K$23K$1K$533
Accounting feesLn 11c$14K$873$13K$307
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$5K$0$4K$1K
Advertising and promotionLn 12$6K$0$0$6K
Office expensesLn 13$23K$11K$11K$839
Information technologyLn 14$338K$323K$2K$13K
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$12K$5K$5K$1K
TravelLn 17$139K$112K$27K$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$1.6M$1.6M$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$11K$4K$7K$524
Other expenses (24a–d)Ln 24$44K$33K$1K$9K
Total functional expensesLn 25$4.3M$3.6M$537K$198K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.1M$5.8M−$1.7M$3.4M 990 PDF
FY2023 Viewing $4.2M$4.3M−$163K$4.7M 990 PDF
FY2022 $3.9M$3.4M$415K$4.8M 990 PDF
FY2021 $2.3M$1.7M$629K$4.4M 990 PDF
FY2020 $2.2M$1.8M$386K$3.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $4,173,023 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,805,386$2,902,099
I-9 Program service revenuePrior year $2,006,905$1,128,603
I-10 Investment incomePrior year $5,403$138,542
I-11 Other revenuePrior year $38,336$3,779
I-12 Total revenuePrior year $3,856,030$4,173,023
I-13 Grants and similar amounts paidPrior year $393,146$686,912
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,025,028$1,423,396
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,022,860$2,226,170
I-18 Total expensesPrior year $3,441,034$4,336,478
I-19 Revenue less expensesPrior year $414,996−$163,455
Part VI · Governance 12 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,173,023 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$34,689
VIII-1c Fundraising events$51,938
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$2,815,472
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$2,902,099
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,128,603 · Unrelated business $0 · Excluded from tax $0$1,128,603
VIII-3 Investment incomeRelated to mission $138,542 · Unrelated business $0 · Excluded from tax $0$138,542
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,779 · Unrelated business $0 · Excluded from tax $0$3,779
VIII-12 Total revenueRelated to mission $1,270,924 · Unrelated business $0 · Excluded from tax $0$4,173,023
Part IX · Statement of functional expenses $4,336,478 across 29 lines filed
IX-1 Grants to domestic organizationsPrograms $27,877$27,877
IX-2 Grants to domestic individualsPrograms $290,008$290,008
IX-3 Grants and assistance to foreign recipientsPrograms $369,027$369,027
IX-4 Benefits paid to or for membersPrograms $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $684,019 · Management $349,969 · Fundraising $144,557$1,178,545
IX-8 Pension plan contributionsPrograms $20,668 · Management $11,445 · Fundraising $4,322$36,435
IX-9 Other employee benefitsPrograms $35,183 · Management $77,839 · Fundraising $5,745$118,767
IX-10 Payroll taxesPrograms $52,464 · Management $26,365 · Fundraising $10,820$89,649
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $22,803 · Management $1,134 · Fundraising $533$24,470
IX-11c Accounting feesPrograms $873 · Management $12,966 · Fundraising $307$14,146
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $3,702 · Fundraising $1,100$4,802
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $6,295$6,295
IX-13 Office expensesPrograms $11,252 · Management $10,857 · Fundraising $839$22,948
IX-14 Information technologyPrograms $322,891 · Management $2,248 · Fundraising $12,665$337,804
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $5,488 · Management $5,318 · Fundraising $1,292$12,098
IX-17 TravelPrograms $112,444 · Management $26,693 · Fundraising $0$139,137
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $1,608,993 · Management $0 · Fundraising $0$1,608,993
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $4,192 · Management $6,539 · Fundraising $524$11,255
IX-24 Other expenses (24a–d)Programs $33,297 · Management $1,469 · Fundraising $9,456$44,222
IX-25 Total functional expensesPrograms $3,601,479 · Management $536,544 · Fundraising $198,455$4,336,478
Part X · Balance sheet $5,448,874 assets, 23 lines filed
Asset lines not itemized here account for $983; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $603,325$683,221
X-2 Savings and temporary cash investmentsStart of year $4,800,793$4,385,121
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $236,994$283,877
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $124,193$95,672
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $5,766,003$5,448,874
X-17 Accounts payable and accrued expensesStart of year $130,715$183,564
X-18 Grants payableStart of year $0$10,242
X-19 Deferred revenueStart of year $811,984$553,293
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $30,000$0
X-26 Total liabilitiesStart of year $972,699$747,099
X-27 Net assets without donor restrictionsStart of year $3,157,967$2,505,492
X-28 Net assets with donor restrictionsStart of year $1,635,337$2,196,283
X-32 Total net assets or fund balancesStart of year $4,793,304$4,701,775
X-33 Total liabilities and net assetsStart of year $5,766,003$5,448,874
Part XI · Reconciliation of net assets $4,701,775 net assets at year end
XI-1 Total revenue$4,173,023
XI-2 Total expenses$4,336,478
XI-3 Revenue less expenses−$163,455
XI-4 Net assets at start of year$4,793,304
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$71,926
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,701,775

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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