Open Technology Fund: $38.0M Revenue, $37.8M Expenses

On the NonprofitTruth efficiency rubric, Open Technology Fund pulls an A — the highest available grade. The 81/100 composite reflects strong financial reserves, controlled officer compensation, and the kind of multi-year financial discipline that grant-makers look for.

Open Technology Fund reported $38.0M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the reserves factor, Open Technology Fund scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Five-year revenue trajectory is strongly positive: Open Technology Fund has grown materially in real terms, which usually signals successful fundraising and program expansion. Compensation for current officers and key employees runs $833,604 against $38.0M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Open Technology Fund sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.