Open Ordinals Institute
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Supports free and open-source development of Bitcoin Ordinals for a thriving ecosystem. For fiscal year 2025 it reported $39K in revenue, $112K in expenses, and $50K in net assets.Pt I
Summary of the Filing
Where the work happens
Community and Ecosystem Support
Paid out approximately $150,000 in grants to contributors, primarily supporting indexing improvements, new API endpoints, robustness (savepoints for indexes), wallet enhancements, and expanded educational materials.
Technical Infrastructure
Massively improved indexing performance, including contributions to upstream repositories such as the redb database and the wider Rust Bitcoin ecosystem. Supported the creation of libraries like bip322 for the ecosystem.
Software Development
Built out wallet functionality, explorer JSON RPC, and released multiple new protocol versions; added batch inscribing modes, improved wallet features (multi-parent support, descriptor imports), enabled querying by sat name, and added content proxy functionality.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 67% | — | — |
| Revenue growth | -74% | — | — |
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.
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Filings & Schedule Manifest
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