Open Library Foundation FY2023 filing

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The core mission of the Foundation is to assist and facilitate educational organizations, foundations, partnerships and commercial entities to collaborate to foster, develop and sustain Open technologies for innovation so as to support libraries, learning, research and teaching. The Foundation helps research, academic and public libraries.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-4396672) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
92¢ 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)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $12K a year · 2% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
10.2 mo
of spending, in cash
10.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$111K
16% of total assets
Liabilities are 16% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$822K
+333% vs prior year
Spent
$590K
To programs
92%
Net assets
$581K
By yearFY2018–FY2025
Revenue
$822K
FY2023▲ +333%
Tap a bar for its year
Revenue by fiscal year
FY2018$1.0M
FY2019$1.3M
FY2022$190K
FY2023$822K
FY2024$567K
FY2025$844K
Expenses
$590K
FY2023▲ +32%
Tap a bar for its year
Expenses by fiscal year
FY2018$885K
FY2019$1.5M
FY2022$449K
FY2023$590K
FY2024$512K
FY2025$752K
Net assets
$581K
FY2023▲ +66%
Tap a bar for its year
Net assets by fiscal year
FY2018$499K
FY2019$322K
FY2022$349K
FY2023$581K
FY2024$636K
FY2025$727K

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2017.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $545K Management & general 8% · $45K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Asst. Secretary
$0Pt VII · Sec A
See Open Library Foundation executive salaries →

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 15aNo

Programs and updates

Connects educational groups to build open technologies for libraries and learning.

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3 programs · $545K · in their own filed words · FY2022
01

Folio

Folio is a collaboration of libraries, developers and vendors building an open source library services platform. It supports traditional resource management functionality and can be extended into other institutional areas.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-4396672) · Dispute this line
$430Kprogram expense
02

Wolfcon

Wolfcon 2023 meeting occurred in hamburg, germany, in september 2022.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-4396672) · Dispute this line
$114Kprogram expense
03

Vufind

One major and one minor release were completed. A virtual user and developer summit was held online in september, 2022. A registered service provider program was established, and five organizations became project supporters during the year.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-4396672) · Dispute this line
$59program expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$822K
Ln 12
Gifts and grantsLn 1h$758K
Fees for servicesLn 2g$62K
Other incomeLn 4–11$3K
Money outPt IX
$590K
Ln 25
Programscol B$545K
Managementcol C$45K
Owns and owesPt X
$581K
net assets · Ln 32
Cash and savingsLn 1–2$501K
Total assetsLn 16$692K
LiabilitiesLn 26$111K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$758K
Fees for servicesLn 2g$62K
Investment incomeLn 3$38
Other incomeLn 4–11$3K
Total revenueLn 12$822K
Assets in detailPt X, end of year
CashLn 1$427K
SavingsLn 2$75K
Cash and savings togetherLn 1–2$501K
Accounts receivableLn 4$93K
Prepaid expenses and deferred chargesLn 9$98K
Total assetsLn 16$692K
LiabilitiesLn 26$111K
Net assetsLn 32$581K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6150
Fiscal year endsHeaderJune
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$304K$501K
Total assetsLn 16$372K$692K
LiabilitiesLn 26$23K$111K
Net assetsLn 32$349K$581K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$3K$2K$700
Accounting feesLn 11c$20K$15K$5K
Other fees for servicesLn 11g$23K$23K
Office expensesLn 13$925$925
Information technologyLn 14$297K$267K$30K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$90K$81K$9K
Other expenses (24a–d)Ln 24$155K$155K
Total functional expensesLn 25$590K$545K$45K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jan 28, 2026 $844K$752K$91K$727K 990 PDF
FY2024Filed with the IRS Feb 6, 2025 $567K$512K$55K$636K 990 PDF
FY2023 ViewingFiled with the IRS May 14, 2024 $822K$590K$232K$581K 990 PDF
FY2022Filed with the IRS May 11, 2023 $190K$449K−$259K$349K 990 PDF
FY2021 Not on file
FY2020 Not on file
FY2019Filed with the IRS Mar 8, 2021 $1.3M$1.5M−$177K$322K 990 PDF
FY2018Filed with the IRS Mar 8, 2021 $1.0M$885K$130K$499K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $822,154 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $179,987$757,609
I-9 Program service revenuePrior year $9,850$61,884
I-10 Investment incomePrior year $12$38
I-11 Other revenuePrior year $0$2,623
I-12 Total revenuePrior year $189,849$822,154
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $448,749$590,174
I-18 Total expensesPrior year $448,749$590,174
I-19 Revenue less expensesPrior year −$258,900$231,980
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $822,154 across 7 lines filed
VIII-1b Membership dues$379,562
VIII-1f All other contributions, gifts and grants$378,047
VIII-1h Total contributions, gifts and grants$757,609
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $61,884$61,884
VIII-3 Investment incomeExcluded from tax $38$38
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,623$2,623
VIII-12 Total revenueRelated to mission $61,884 · Unrelated business $0 · Excluded from tax $2,661$822,154
Part IX · Statement of functional expenses $590,174 across 8 lines filed
IX-11b Legal feesPrograms $2,099 · Management $700$2,799
IX-11c Accounting feesPrograms $14,952 · Management $4,984$19,936
IX-11g Other fees for servicesPrograms $22,960$22,960
IX-13 Office expensesManagement $925$925
IX-14 Information technologyPrograms $266,900 · Management $29,655$296,555
IX-17 TravelPrograms $2,250$2,250
IX-19 Conferences, conventions and meetingsPrograms $81,210 · Management $9,023$90,233
IX-24 Other expenses (24a–d)Programs $154,516$154,516
IX-25 Total functional expensesPrograms $544,887 · Management $45,287 · Fundraising $0$590,174
Part X · Balance sheet $691,583 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $189,126$426,646
X-2 Savings and temporary cash investmentsStart of year $114,597$74,625
X-4 Accounts receivableStart of year $44,800$92,750
X-9 Prepaid expenses and deferred chargesStart of year $23,774$97,562
X-16 Total assetsStart of year $372,297$691,583
X-17 Accounts payable and accrued expenses$77,313
X-19 Deferred revenueStart of year $23,267$33,260
X-26 Total liabilitiesStart of year $23,267$110,573
X-27 Net assets without donor restrictionsStart of year $277,480$260,260
X-28 Net assets with donor restrictionsStart of year $71,550$320,750
X-32 Total net assets or fund balancesStart of year $349,030$581,010
X-33 Total liabilities and net assetsStart of year $372,297$691,583
Part XI · Reconciliation of net assets $581,010 net assets at year end
XI-1 Total revenue$822,154
XI-2 Total expenses$590,174
XI-3 Revenue less expenses$231,980
XI-4 Net assets at start of year$349,030
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$581,010

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

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