Openstack Foundation FY2023 filing

Not tax-deductible

Austin, TX501(c)(6)Human Services EIN 46-0618689Revenue $5.4M in FY2023Latest return filed Nov 17, 2025

On file with the IRSopeninfra.devPo Box 1903, 78767-1903 · Austin, TXTax-exempt since Apr 2022

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To provide, protect, and promote open source infrastructure software to a community of users, developers, and the entire cloud computing industry through an independent body.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
70¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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 surplus $137K 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
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$394K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.4M
-18% vs prior year
Spent
$6.0M
To programs
70%
Net assets
$1.6M
By yearFY2020–FY2024
Revenue
$5.4M
FY2023▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.4M
FY2021$5.7M
FY2022$6.6M
FY2023$5.4M
FY2024$4.3M
Expenses
$6.0M
FY2023-0.03%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.0M
FY2021$5.1M
FY2022$6.0M
FY2023$6.0M
FY2024$4.7M
Net assets
$1.6M
FY2023▼ -25%
Tap a bar for its year
Net assets by fiscal year
FY2020$830K
FY2021$1.4M
FY2022$2.1M
FY2023$1.6M
FY2024$1.1M

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. Revoked May 2020, reinstated. IRS ruling Apr 2022, per the IRS master file. Latest filing on record: FY2024. IRS ruling in Apr 2022.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $4.2M Management & general 30% · $1.8M

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

30 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Openstack Foundation executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports and advances open source software for cloud computing.

Questions for Openstack Foundation

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Provided by the organization

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1 program · in their own filed words · FY2023
01

OpenStack Foundation held several conferences, workshops, and meetings to promote cloud computing and provide education on the cloud computing industry globally.

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$5.4M
Ln 12
Gifts and grantsLn 1h$4.7M
Fees for servicesLn 2g$719K
Other incomeLn 4–11$16K
Money outPt IX
$6.0M
Ln 25
Programscol B$4.2M
Managementcol C$1.8M
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.9M
Total assetsLn 16$2.0M
LiabilitiesLn 26$394K
PeoplePt VI, VII
30
listed · VII A
PaidVII A0
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.7M
Fees for servicesLn 2g$719K
Investment incomeLn 3$356
Other incomeLn 4–11$16K
Total revenueLn 12$5.4M
Assets in detailPt X, end of year
CashLn 1$472K
SavingsLn 2$1.5M
Cash and savings togetherLn 1–2$1.9M
Total assetsLn 16$2.0M
LiabilitiesLn 26$394K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.2M$1.9M
Total assetsLn 16$2.5M$2.0M
LiabilitiesLn 26$394K$394K
Net assetsLn 32$2.1M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$2.3M$2.3M$0$0
Other salaries and wagesLn 7$1.3M$24K$1.3M$0
Legal feesLn 11b$358K$6K$352K$0
Advertising and promotionLn 12$461K$461K$0$0
Office expensesLn 13$87K$0$87K$0
Information technologyLn 14$201K$201K$0$0
OccupancyLn 16$7K$0$7K$0
TravelLn 17$31K$0$31K$0
Conferences, conventions and meetingsLn 19$1.2M$1.2M$0$0
InsuranceLn 23$21K$0$21K$0
Other expenses (24a–d)Ln 24$22K$0$22K$0
Total functional expensesLn 25$6.0M$4.2M$1.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $4.3M$4.7M−$483K$1.1M 990 PDF
FY2023 ViewingFiled with the IRS Sep 30, 2024 $5.4M$6.0M−$518K$1.6M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $6.6M$6.0M$657K$2.1M 990 PDF
FY2021Filed with the IRS Nov 8, 2022 $5.7M$5.1M$597K$1.4M 990 PDF
FY2020Filed with the IRS Oct 13, 2022 $6.4M$6.0M$433K$830K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $5,449,024 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,325,000$4,713,500
I-9 Program service revenuePrior year $1,259,101$718,778
I-10 Investment incomePrior year $437$356
I-11 Other revenuePrior year $41,900$16,390
I-12 Total revenuePrior year $6,626,438$5,449,024
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,478,894$3,594,667
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,490,551$2,372,837
I-18 Total expensesPrior year $5,969,445$5,967,504
I-19 Revenue less expensesPrior year $656,993−$518,480
Part VI · Governance 21 of 21 board members independent, 2 to look at
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,449,024 across 6 lines filed
VIII-1b Membership dues$4,713,500
VIII-1h Total contributions, gifts and grants$4,713,500
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$718,778
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$356
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $16,390 · Unrelated business $0 · Excluded from tax $0$16,390
VIII-12 Total revenueRelated to mission $735,524 · Unrelated business $0 · Excluded from tax $0$5,449,024
Part IX · Statement of functional expenses $5,967,504 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $2,277,445 · Management $0 · Fundraising $0$2,277,445
IX-7 Other salaries and wagesPrograms $24,280 · Management $1,292,942 · Fundraising $0$1,317,222
IX-11b Legal feesPrograms $6,066 · Management $352,379 · Fundraising $0$358,445
IX-12 Advertising and promotionPrograms $461,399 · Management $0 · Fundraising $0$461,399
IX-13 Office expensesPrograms $0 · Management $86,916 · Fundraising $0$86,916
IX-14 Information technologyPrograms $201,255 · Management $0 · Fundraising $0$201,255
IX-16 OccupancyPrograms $0 · Management $7,359 · Fundraising $0$7,359
IX-17 TravelPrograms $0 · Management $30,966 · Fundraising $0$30,966
IX-19 Conferences, conventions and meetingsPrograms $1,183,069 · Management $0 · Fundraising $0$1,183,069
IX-23 InsurancePrograms $0 · Management $21,033 · Fundraising $0$21,033
IX-24 Other expenses (24a–d)Programs $0 · Management $22,395 · Fundraising $0$22,395
IX-25 Total functional expensesPrograms $4,153,514 · Management $1,813,990 · Fundraising $0$5,967,504
Part X · Balance sheet $1,960,405 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $310,674$471,714
X-2 Savings and temporary cash investmentsStart of year $1,851,086$1,451,443
X-9 Prepaid expenses and deferred charges$37,248
X-16 Total assetsStart of year $2,478,510$1,960,405
X-17 Accounts payable and accrued expensesStart of year $128,172$10,215
X-19 Deferred revenueStart of year $7,188$231,500
X-24 Unsecured notes and loans payableStart of year $258,670$152,690
X-26 Total liabilitiesStart of year $394,030$394,405
X-27 Net assets without donor restrictionsStart of year $2,084,480$1,566,000
X-32 Total net assets or fund balancesStart of year $2,084,480$1,566,000
X-33 Total liabilities and net assetsStart of year $2,478,510$1,960,405
Part XI · Reconciliation of net assets $1,566,000 net assets at year end
XI-1 Total revenue$5,449,024
XI-2 Total expenses$5,967,504
XI-3 Revenue less expenses−$518,480
XI-4 Net assets at start of year$2,084,480
XI-10 Net assets at end of year$1,566,000

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

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