Internet Society Foundation EIN 82-3285688

Internet Society Foundation

EIN  82-3285688 Supporting organization Fredericksburg, VA Founded 2017
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/7/26 · see original filing: IRS
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Size
$10–100M
What they do
Funds global programs and training to empower people to grow, strengthen, and harness the internet for positive social impact worldwide.
Leadership
Sarah Armstrong · Executive Director · $308K
Money in and out
$32.7M revenue, $33.9M expenses
Bottom line
-4% net inflow

Funds global programs and training to empower people to grow, strengthen, and harness the internet for positive social impact worldwide. For fiscal year 2024 it reported $32.7M in revenue, $33.9M in expenses, and $88.6M in net assets.Pt I

Money in and out · FY2024
Total revenue
$32.7M
Pt VIII · Ln 12
Total expenses
$33.9M
Pt IX · Ln 25
Net assets
$88.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.2M
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.21 Fundraising $0.04
Net inflow
-4%
revenue over expenses, this year▲ +97% vs prior filing year
Pass-through gifts
89%
of revenue from contributions▼ -4% vs prior filing year
Program spending
75%
of expenses reach stated programs▼ -18% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$32.7M
FY2024▼ -18%
Expenses
$33.9M
FY2024▼ -64%
Total assets
$90.3M
FY2024▲ +3%
Total liabilities
$1.7M
FY2024▼ -42%
Total revenue
$32.7M
Pt VIII · Ln 12
Total expenses
$33.9M
Pt IX · Ln 25
Net assets
$88.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1.2M
Total assetsPt X · Ln 16$90.3M
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $25.6M of program spending, described in the organization's own filed words · FY2024.
01

Philanthropic Funding Programs

Fund initiatives that strengthen the internet in function and reach so that it can effectively serve all people. Focus areas include research, resilience & emergency response, strengthening COMMUNITIES/IMPROVING lives and livelihoods, building OPPORTUNITIES/LEVERAGING technologies (bolt), and internet governance forum (igf) & other…

$16.2Mprogram expense
02

Support of related organizations in furthering internet society's mission.

$7.0Mprogram expense
03

Empowering People to Take Action

Deliver programs that equip people to become internet champions who grow and strengthen the internet. Focus areas include training and e-learning, fellowship, and alumni.

$2.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInternet Society Foundation
EINHdr · item D82-3285688
Principal addressHdr · item CFredericksburg, VA
WebsiteHdr · item Jwww.isocfoundation.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q11)
Ruling yearIRS BMFApr 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$307,953Pt VII · Sec A
Vice President, Empowerment and Outreach
$281,233Pt VII · Sec A
Vice President, Communications
$261,446Pt VII · Sec A
Director, Fellowships and Alumni
$194,416Pt VII · Sec A
President and Chief Executive Officer (thru 08/24)
$182,046Pt VII · Sec A
Operations Director
$156,536Pt VII · Sec A
Senior Director of Institutional & Grant Funding
$154,982Pt VII · Sec A
Executive Vice President and Managing Director
$146,834Pt VII · Sec A

Sarah Armstrong’s $308K as Executive Director is at the 61st percentile of top reported officer pay among 344 $10–100M international 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
Rinalia Abdul Rahim$313,419
Sarah Armstrong$307,953$268,750
Sarah Armstrong$302,108$290,047$225,044
Joyce Dogniez$281,233
Joyce Dogniez$273,637
Kristi Mason$261,446
Kristi Mason$231,644
James Wood$225,647

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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Statement of Revenue

Part VIII
Contributions & grants$29.0M · 89%
Investment income$3.7M · 11%
Contributions & grants89%$29.0M
Investment income11%$3.7M
Program service revenue$24K
Total revenueLn 12$32.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.21 Fundraising $0.04
Program services75%$25.6M
Management & general21%$7.0M
Fundraising4%$1.3M
Total functional expensesLn 25$33.9M

Balance Sheet

Part X · end of year
CashLn 1$342K
Total assetsLn 16$90.3M
Total liabilitiesLn 26$1.7M
Total net assetsLn 32$88.6M
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $89.9M · Operating expenses/yr $33.9M
31.9 months
Where the money goes
Program services
Program services $25.6M · Total expenses $33.9M
75%
Management & General
Management & general $7.0M · Total expenses $33.9M
21%
Fundraising
Fundraising $1.3M · Total expenses $33.9M
4%
Cost to raise $1
Fundraising expense (3-yr avg) $1.1M · Solicited contributions (3-yr avg) $33.4M
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $29.0M · Total revenue $32.7M
89%
Government reliance
Government grants $0 · Total revenue $32.7M
0%
Earned-income share
Program service revenue $24K · Total revenue $32.7M
0%
Investment reliance
Investment income $3.7M · Total revenue $32.7M
+11%
Program self-sufficiency
Program service revenue $24K · Total expenses $33.9M
0%
Growth & trend
Revenue growth (YoY)
This year $32.7M · Prior year $39.8M
-18%
Revenue CAGR
FY2020 $28.0M · FY2024 $32.7M
+4%
Net-asset trend (YoY)
End of year $88.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $32.7M · Expenses $33.9M
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $90.3M
Net-asset ratio
Net assets $88.6M · Total assets $90.3M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $57.1M · Other securities (Pt X, ln 12) $32.5M · Total assets (Pt X, ln 16) $90.3M
99%
People & payroll
Highest Reported Total Compensation
Individual Sarah Armstrong · Reported title Executive Director · Highest reported compensation $308K · Total expenses $33.9M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $9.7M · Total expenses $33.9M
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 21%
Fundraising cost ratio 5%
Revenue growth -18%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$29.0M
Grants paid · 125 grants · $112.4M · 2020–2024
Internet SocietyVA · FY2024$7,000,000
Global Cyber Alliance INCNY · FY2024$1,500,000
Techsoup GlobalCA · FY2024$1,041,358
Techsoup GlobalCA · FY2024$396,675
Suboptic FoundationFL · FY2024$250,000
Mycelia FoundationNM · FY2024$226,235
Comp-U-Dopt INCTX · FY2024$200,000
Atma ConnectCA · FY2024$200,000
Techsoup GlobalCA · FY2024$200,000
Ieee Communications SocietyNJ · FY2024$199,831
Az Board of Regents on Behalf of Arizona State UniversityFY2024$184,000
Rhizomatica CommunicationsPA · FY2024$174,467
University of WashingtonFY2024$152,500
Digital Harbor Foundation INCMD · FY2024$150,000
See all 125 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$32.7M revenue · viewing · ⤓ 990 PDF
FY2023$39.8M revenue · ⤓ 990 PDF
FY2022$37.2M revenue · ⤓ 990 PDF
FY2021$32.0M revenue · ⤓ 990 PDF
FY2020$28.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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