Open Technology Fund EIN 84-3126447 Form 990 (PDF) Claim this org

Open Technology Fund

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Supports projects to counter censorship and surveillance, enabling global internet freedom and human rights online. For fiscal year 2024 it reported $52.3M in revenue, $52.4M in expenses, and $-124K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Washington, DC
Website
www.opentech.fund
Filings
5 on file (2020–2024)
Revenue
$52.3MFY2024
Expenses
$52.4M
Net assets
$-124K
People
17
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-3126447 Public charity (501(c)(3)) Washington, DC Founded 2019
Form 990 (PDF)
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Figures match the IRS filing checked 7/9/26 · see original: IRS
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Size
$10–100M
What they do
Supports projects to counter censorship and surveillance, enabling global internet freedom and human rights online.
Leadership
Laura Cunningham · President · $268K
Money in and out
$52.3M revenue, $52.4M expenses
Bottom line
-0.02% surplus margin
Where the money goes · FY2024
Total revenue
$52.3M
Pt VIII · Ln 12
Total expenses
$52.4M
Pt IX · Ln 25
Net assets
$-124K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$12K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Surplus margin
-0.02%
revenue over expenses, this year▲ +96% vs prior filing year
Revenue trend
+56%
avg. annual growth over 5 years▼ -23% vs prior filing year
Donor-funded
100%
of revenue is gifts & grants-0.02% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$52.3M
FY2024▲ +3%
Expenses
$52.4M
FY2024▲ +3%
Total assets
$26.3M
FY2024▼ -45%
Total liabilities
$26.4M
FY2024▼ -45%
Total revenue
$52.3M
Pt VIII · Ln 12
Total expenses
$52.4M
Pt IX · Ln 25
Net assets
$-124K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$12K
Total assetsPt X · Ln 16$26.3M
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpen Technology Fund
EINHdr · item D84-3126447
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.opentech.fund
Year of formationHdr · item L2019
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A05)
Ruling yearIRS BMFApr 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$267,772Pt VII · Sec A
Chief Strategy Officer
$219,887Pt VII · Sec A
Treasurer (from 9/25) & COO
$218,752Pt VII · Sec A
Treasurer (until 5/25) & Dir of Fin.
$179,320Pt VII · Sec A
Secretary & General Counsel
$173,311Pt VII · Sec A
Vice President of Programs
$172,493Pt VII · Sec A
Vice President of Programs
$166,687Pt VII · Sec A
Director of External Affairs
$155,999Pt VII · Sec A

Laura Cunningham’s $268K as President is at the 33rd percentile of top reported officer pay among 749 $10–100M arts & culture 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Laura Cunningham$267,772$231,659$234,404$199,160$110,577
Libby Liu$247,187$11,115
Nathaniel Kretchun$219,887$191,308$93,190
Gary Roebuck$218,752$139,319
Nathaniel Kretchum$198,772
Tiffany Currie$179,320$168,106$104,106
Donald Anderson$173,311$157,993
Bryan Nunez$172,493$162,127$138,863

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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Mission & Programs · Part III

Where the work happens

3 program services account for $40.2M of program spending, described in the organization's own filed words · FY2024.
01

The surge and sustain fund supports large-scale circumvention technology solutions that help provide uncensored access to the internet to audiences in information restricted environments. The fund ensures that technologies used at scale by tens of millions remain secure and effective.

$25.1Mprogram expense
02

The internet freedom fund is the primary mechanism through which otf provides funding for innovative global internet freedom projects. Iff projects are primarily focused on technology development and implementation but can also include applied research and digital security projects.

$12.0Mprogram expense
03

Otf resource labs provide critical services to internet freedom projects that are not covered by our other funding mechanisms. From security and usability audits to accessibility and communications strategy, the labs ensure internet freedom projects are as effective, secure, and accessible as possible.

$3.1Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$52.3M
Other revenue$500
Total revenueLn 12$52.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$48.3M
Management & general8%$4.0M
Total functional expensesLn 25$52.4M

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$26.3M
Total liabilitiesLn 26$26.4M
Total net assetsLn 32$-124K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $52.4M
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services — · Total expenses $52.4M
Management & General
Management & general — · Total expenses $52.4M
Fundraising
Fundraising — · Total expenses $52.4M
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $256K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $52.3M · Total revenue $52.3M
100%
Government reliance
Government grants — · Total revenue $52.3M
Earned-income share
Program service revenue — · Total revenue $52.3M
Investment reliance
Investment income — · Total revenue $52.3M
Program self-sufficiency
Program service revenue — · Total expenses $52.4M
Growth & trend
Revenue growth (YoY)
This year $52.3M · Prior year $50.6M
+3%
Revenue CAGR
FY2019 $5.7M · FY2024 $52.3M
+56%
Net-asset trend (YoY)
End of year $-124K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $52.3M · Expenses $52.4M
-0.02%
Liabilities-to-Assets
Total liabilities — · Total assets $26.3M
Net-asset ratio
Net assets $-124K · Total assets $26.3M
-0.5%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $26.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laura Cunningham · Reported title PRESIDENT · Highest reported compensation $268K · Total expenses $52.4M
0.5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $52.4M
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Revenue growth 3%

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 · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$125K

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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$50.6M revenue · ⤓ 990 PDF
FY2023$38.0M revenue · ⤓ 990 PDF
FY2022$19.3M revenue · ⤓ 990 PDF
FY2021$6.5M revenue · ⤓ 990 PDF
FY2020$5.7M 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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