GNOME Took In $556k Last Year While Spending $675.9k

The GNOME Foundation today published their 2023 annual report that outlines their accomplishments as well as a look at the finances.

Making this year's annual report all the more interesting comes as last month it was noted GNOME would be focusing more on fundraising after years of running a deficit. Last year also saw GNOME Foundation naming a new executive director that will also help in their fundraising effort.

As for the 2023 finances of the GNOME Foundation, they are reporting $556,136 USD in income -- well up from the $363,380 reported in 2022... Much of that increase is from fundraising in 2023 that generated $422k compared to $171k the year prior.

But on the expenses side, in 2023 the foundation spent $675,947 USD -- $283k on conferences, $105k on support and infrastructure, $96k on outreach, $121k on administrative, etc. So the GNOME Foundation in 2023 ended up spending nearly $120k more than it took in for the year. That's better than in 2022 when it spent $286k more than it took in that year.

This year the foundation is hoping to improve their financial position with greater fundraising and cutting back on expenses. Those wanting to see the 2023 Annual Report for the GNOME Foundation can view it in full at GNOME.org.