Bonum Certa Men Certa

The Linux Foundation Exceeds $100,000,000 in Revenue and Jim Zemlin Now Pays Himself About a Million Dollars a Year While 'His' Foundation Operates at a Loss of $732,261



As reported a few months before they sacked all the Linux.com people (both editors and writers, without as much as a warning or any consultation) whilst overspending on nonsense and ludicrous salaries, plus bonuses of all sorts (no oversight, no justification needed). Text continues below the 51 pages (as JPEG files).

Linux Foundation IRS filing page #1

Linux Foundation IRS filing page #2

Linux Foundation IRS filing page #3

Linux Foundation IRS filing page #4

Linux Foundation IRS filing page #5

Linux Foundation IRS filing page #6

Linux Foundation IRS filing page #7

Linux Foundation IRS filing page #8

Linux Foundation IRS filing page #9

Linux Foundation IRS filing page #10

Linux Foundation IRS filing page #11

Linux Foundation IRS filing page #12

Linux Foundation IRS filing page #13

Linux Foundation IRS filing page #14

Linux Foundation IRS filing page #15

Linux Foundation IRS filing page #16

Linux Foundation IRS filing page #17

Linux Foundation IRS filing page #18

Linux Foundation IRS filing page #19

Linux Foundation IRS filing page #20

Linux Foundation IRS filing page #21

Linux Foundation IRS filing page #22

Linux Foundation IRS filing page #23

Linux Foundation IRS filing page #24

Linux Foundation IRS filing page #25

Linux Foundation IRS filing page #26

Linux Foundation IRS filing page #27

Linux Foundation IRS filing page #28

Linux Foundation IRS filing page #29

Linux Foundation IRS filing page #30

Linux Foundation IRS filing page #31

Linux Foundation IRS filing page #32

Linux Foundation IRS filing page #33

Linux Foundation IRS filing page #34

Linux Foundation IRS filing page #35

Linux Foundation IRS filing page #36

Linux Foundation IRS filing page #37

Linux Foundation IRS filing page #38

Linux Foundation IRS filing page #39

Linux Foundation IRS filing page #40

Linux Foundation IRS filing page #41

Linux Foundation IRS filing page #42

Linux Foundation IRS filing page #43

Linux Foundation IRS filing page #44

Linux Foundation IRS filing page #45

Linux Foundation IRS filing page #46

Linux Foundation IRS filing page #47 Linux Foundation IRS filing page #48

Linux Foundation IRS filing page #49

Linux Foundation IRS filing page #50

Linux Foundation IRS filing page #51

Summary: The Linux 'fat cats' who never even use Linux (they love Linux only as a brand that helps them become millionaires) aren't doing a good enough job at the Linux Foundation (LF) and instead it's starting to look like a shell where dozens of people 'eat up' tens of millions of dollars (Jim Zemlin gave himself a very big raise again) and sell influence to proprietary software giants, outsource all code to Microsoft/GitHub, and muzzle opinionated developers and actual communities (too many managers/crooks, not enough chefs/cooks)

The above filing from one year ago, now fully available as a PDF as well (latest available on public record), reveals quite a lot. We're likely to look back at it some time in the near future, depending on the aspect we focus on. I'm already very familiar with their past filings, which I covered here before, so I can quickly compare (telling the difference between the years). The salary (plus compensation) of Linus Torvalds increased to a million and a half dollars in 2018, some external partners of the Foundation were dropped, about a quarter of this money is spent on salaries (not for actual developers but 'suits') and a lot gets spent on events that help LF shape narratives and set the agenda for LF sponsors. Overall, the Foundation managed to operate at a loss that year and they still pay "Former VP of Finance" (almost half a million dollars) even though "Lisbeth McNabb" is now "Chief Finance and Operating Officer". Why they are still paying past staff? Who knows...



"Overall, the Foundation managed to operate at a loss that year and they still pay "Former VP of Finance" (almost half a million dollars) even though "Lisbeth McNabb" is now "Chief Finance and Operating Officer"."One sure thing is, their accounting doesn't add up too nicely and there was no reason to kill Linux.com. They could instead settle for more modest salaries and stop overstretching. They've been overstretching to the point of feeding and working for enemies of Linux and of Free software.

For comparison's sake, the SFC's latest finances/disclosures [PDF] reveal that a single Bitcoin donation covered the salaries of all SFC employees (about 120-150k each, in USD, for two individuals based in Brooklyn area). Never mind that notorious Microsoft money; their reported revenue in 2011 was $911,564, then $1,768,095 (the following year), $617,134, $867,704, $680,815 (2015), $1,926,082, $2,125,670 and $2,680,081 (2018). They would be operating at a loss if they paid themselves as much as LF staff receives. We'll probably come back to this when time permits.

Recent Techrights' Posts

Plagiarism is Hardly a New Problem, It Predates Mainstream Media Getting Paid to Whitewash It as "Training" or "Hey Hi", Then Conflate Plagiarism With "Intelligence" or Deferred "Value"
"Quantum" isn't new either; it's a 'circle-jerk' for companies without direction, only hype
 
Gemini Links 10/09/2026: "I Don’t Want to Interact With Stochastic Parrots" and "ROOPHLOCH 2026!"
Links for the day
What the British School Closure (BSN Senior School Leidschenveen) Means to EPO Staff
The only European thing about the EPO is the staff
Standing in Solidarity With Matt Mullenweg
I don't trust the people and companies that want Mullenweg out. Neither should you.
Links 10/09/2026: "Smear Campaign Says Anti-Flock Movement Is Chinese Propaganda" and "Flock Employee Calls Cops on Reporter Filming Them"
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Wednesday, September 09, 2026
IRC logs for Wednesday, September 09, 2026
IBM's Senior VP of Infrastructure is Out, Silent Layoffs Still Going On
Some people imagine the CEO will also "retire" very soon (and "ahead of time")
Gemini Links 09/09/2026: Mechanical Cameras, "Super App", and Prusa Issues
Links for the day
SLAPP Censorship - Part 177 Out of 200: Manosphere Without Financial Transparency
It has moreover replaced a female worker with a male
Deadline Tomorrow (10th of September) to Appeal the EPO's Fleecing of Staff (Union to Make Legal Challenges)
Join them. Fight the good fight.
linuxstans.com Died, Then Came Back as Slop (LLM Junk)
Don't make the mistake or the assumption that merely 'dabbling in' or 'experimenting with' LLMs can be forgivable as it is a trust destroyer
Links 09/09/2026: GAFAM Fatalities in Miami International Airport, "Britain’s Health Crisis Is Becoming a Political Crisis"
Links for the day
Gemini Links 09/09/2026: "Adjective Is Subjective" and Walled Gardens
Links for the day
Links 09/09/2026: Airport 'Down' (Glasgow and Edinburgh), 'Open' 'AI' Losses Rise to Pace of 50 Billion Dollars in Losses Per Year
Links for the day
Unsafe at Any Speed, "Modern" Appliances
Appliances have gotten worse
SLAPP Censorship - Part 176 Out of 200: The Sex-Obsessed Non-Experts
We heard some sexual stories
European Patent Office (EPO): No Transparency and No Paper Trail
The incompetence is that of the management, i.e. sheer incompetence of people who never examined a patent in their entire lifetime
Gemini Links 09/09/2026: Going Out, Smartphone Addiction, Mapping the Geminispace
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Tuesday, September 08, 2026
IRC logs for Tuesday, September 08, 2026
Linux is Sabotaged by Botspam and Bloat (de Facto Denial of Service Attack in "Intelligence" Clothing After Rust in "Security" Clothing)
Linux is becoming orphaned, devalued and diluted by GAFAM slop
Switzerland No Longer Wants Microsoft's 'Swiss Cheese' (Back Doors)
Switzerland's patience with Microsoft is wearing thin
Debian is Not a Community, Many Debian Developers Work for Large Companies Including GAFAM (US)
"Community" sounds like friendship and amicability
Links 08/09/2026: Slop Companies Attack Some More Sites, Nvidia Bribes 'Linux' Foundation for Some More Openwashing and for Saying Slop is "Secure"
Links for the day
Gemini Links 08/09/2026: Ultra Introverts, BlackBerry Bold in 2026, and Laughing at LLMs
Links for the day
Microsoft Layoffs in October 2026
Microsoft is a market leader. In NDAs.
Links 08/09/2026: "The Green Revolution Has Failed Africa" and Palantir/Microsoft Harming NHS
Links for the day
Microsoft's Silent Layoffs Are the New Normal at Microsoft
Microsoft has a ton of layoffs all the time, but the media isn't mentioning those as no WARN notices get issued
SLAPP Censorship - Part 175 Out of 200: Implicit and Explicit Coalition Against the UK's SLAPP Industry
SRA recognises the problem
Further Transparency Problems at the EPO
The EPO was never meant to be profitable
Gemini Links 08/09/2026: "Everything Must Go", Announcing Perigee, and Presentations in a Browser
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, September 07, 2026
IRC logs for Monday, September 07, 2026