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The linux foundation results on here are quite interesting. they're showing pretty rapid "revenue" growth from $39M in 2015 to $61M in 2016 to $81M in 2017. I
by rtempaccount1 7y ago
The linux foundation results on here are quite interesting. they're showing pretty rapid "revenue" growth from $39M in 2015 to $61M in 2016 to $81M in 2017.
I'm guessing this is, in no small part, down to increasing conference/event revenues.
It'll be interesting to see what they do with all the additional cash.
- ec109685 7y agoI don’t think so. Corporate sponsorships are a much better source of revenue.
- rtempaccount1 7y agoWell sponsorships are part of conf. revenue in a lot of cases. I've looked at the sponsor packs for the CNCF conferences, and those higher tiers do not come cheap. Also don't underestimate smaller individual payments * very large number. E.g. Kubecon Barcelona, tickets were $900+ each and there were 7700 people, so we're talking almost $7m from ticket sales alone. Now the venue ain't cheap but that + all the sponsor cash == a fair profit, I'd expect.
- RyJones 7y agolook here on page 9: https://pp-990-rendered.s3.amazonaws.com/201823199349304962_IRS990_0.html?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIA266MJEJY4BPWHTVU%2F20190610%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Date=20190610T010454Z&X-Amz-Expires=1800&X-Amz-SignedHeaders=host&X-Amz-Security-Token=FQoGZXIvYXdzEGgaDFu7GJiems7CDWtIqiKWBIyEJe3KSCuYwUSfrCz1pGk1sf3x9K430voq74APfo4tSoZ7M9X2WosDkPnGTKjakqlOSrRo5oFaj51dg%2BiN1T9I3O4%2Fck8ZxhIoTCMbWJlsSAnksvtTAiEsA1JdJr4N9EL3p4ORQfjHpbRg4caMIrtK5q1vflqGwjX1lNlLxOjnlpxFSuhfDF%2FenCNMU%2F54n33EVQh4tT4aWC6ALs4xu%2FvLnH5zHiEERaOzflZwu5zGpMMyreYMi%2B%2FzLbFOUccTxgdOZzIkdbFId%2BRC%2BcclbLfkeav2EwyJV09safmRGbypowM8muKEHiRXzMXwQ4D1Cy%2B%2BuPLfhnnILK%2Fd9lQ9KiNy%2Fv3fYkdiy%2BJNer2voBabYPlakbD%2FjJeFG4KEodkuG9iPufxc%2Fv7qcwGLIR5hxHDPs4AObWYK6dBIi%2FxG1K1TD4PDjqq4xMay3u9Z5Jh5hoYNF5%2F678IqZ0st2Y80wpaXZAqfeuzDZuLLBVs5j2rqZRhxqFkpIGG0RWzYRbKHJHOMI%2BEJdLwmkSHYfJ%2FNQx%2FDMJkLR4x1W8Qo9VRU2P%2BJlJqTmvGFgRZsxhzUjPVLMxbSke5J79FrLBwyeCXLr3WRpgGBOSzdXpCAJWoUbYn3m45GRTQH8wIc5gM7Z%2FMmDzNaRj3E0TbkvF%2FPeg6XQBiSgGtZythlTGWJqERhp2beLlHSKRlP6mTYFIhL5Ed%2For8h%2FIxK1ijqi%2FbnBQ%3D%3D&X-Amz-Signature=867dd41becf325410ef0145b577839184ee509a57f180106fe123ddd687a5396 https://pp-990-rendered.s3.amazonaws.com/201823199349304962_... it breaks down the income into broad buckets
- RyJones 7y agoOur member lists are public and the price of membership at every level is public. ETA: look here on page 9: https://pp-990-rendered.s3.amazonaws.com/201823199349304962_IRS990_0.html?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIA266MJEJY4BPWHTVU%2F20190610%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Date=20190610T010454Z&X-Amz-Expires=1800&X-Amz-SignedHeaders=host&X-Amz-Security-Token=FQoGZXIvYXdzEGgaDFu7GJiems7CDWtIqiKWBIyEJe3KSCuYwUSfrCz1pGk1sf3x9K430voq74APfo4tSoZ7M9X2WosDkPnGTKjakqlOSrRo5oFaj51dg%2BiN1T9I3O4%2Fck8ZxhIoTCMbWJlsSAnksvtTAiEsA1JdJr4N9EL3p4ORQfjHpbRg4caMIrtK5q1vflqGwjX1lNlLxOjnlpxFSuhfDF%2FenCNMU%2F54n33EVQh4tT4aWC6ALs4xu%2FvLnH5zHiEERaOzflZwu5zGpMMyreYMi%2B%2FzLbFOUccTxgdOZzIkdbFId%2BRC%2BcclbLfkeav2EwyJV09safmRGbypowM8muKEHiRXzMXwQ4D1Cy%2B%2BuPLfhnnILK%2Fd9lQ9KiNy%2Fv3fYkdiy%2BJNer2voBabYPlakbD%2FjJeFG4KEodkuG9iPufxc%2Fv7qcwGLIR5hxHDPs4AObWYK6dBIi%2FxG1K1TD4PDjqq4xMay3u9Z5Jh5hoYNF5%2F678IqZ0st2Y80wpaXZAqfeuzDZuLLBVs5j2rqZRhxqFkpIGG0RWzYRbKHJHOMI%2BEJdLwmkSHYfJ%2FNQx%2FDMJkLR4x1W8Qo9VRU2P%2BJlJqTmvGFgRZsxhzUjPVLMxbSke5J79FrLBwyeCXLr3WRpgGBOSzdXpCAJWoUbYn3m45GRTQH8wIc5gM7Z%2FMmDzNaRj3E0TbkvF%2FPeg6XQBiSgGtZythlTGWJqERhp2beLlHSKRlP6mTYFIhL5Ed%2For8h%2FIxK1ijqi%2FbnBQ%3D%3D&X-Amz-Signature=867dd41becf325410ef0145b577839184ee509a57f180106fe123ddd687a5396 https://pp-990-rendered.s3.amazonaws.com/201823199349304962_... it breaks down the income into broad buckets
- ec109685 7y agoYep, wrong about that. 63M revenue for conferences, 12M for sponsorships and 5M for training. Though I bet a lot of that 63M is conference sponsorships. Source: https://projects.propublica.org/nonprofits/organizations/460503801/201823199349304962/IRS990 https://projects.propublica.org/nonprofits/organizations/460...
- shaki-dora 7y ago$37 million for salaries, $32 million "other expenses", and $12 million that weren't spent. see https://projects.propublica.org/nonprofits/organizations/460503801/201823199349304962/IRS990 https://projects.propublica.org/nonprofits/organizations/460... (I planned to make a smart-ass comment about this story literally being about an interface to answer such questions. But "other expenses" is just slightly to meaningless to declare victory here)
- rtempaccount1 7y agoyes unfortunately all that these forms tell us is, more money is coming in and more money is being spent, not really what it's being spent on (and I'd imagine the 2018 numbers will show another big jump in revenue if the growth of CNCF projects has anything to do with it) From having had a look round the Linux Foundation site, I couldn't easily see a lot of information about what they spend their increasing revenues on, although I may well have missed it...
- shaki-dora 7y agoI also looked there first and was surprised that they apparently do not publish their financial reports themselves. It's not a major issue, since the data is disclosed on the government side, but it's just bad service and leaves an impression of in-transparency.
- dankohn1 7y agoCNCF's 2018 annual report has some useful info: https://www.cncf.io/cncf-annual-report-2018/ https://www.cncf.io/cncf-annual-report-2018/