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

Legal Letters Are Not Postcards
It seems like intimidation, nothing more
European Patent Office (EPO) Strikes Persist, EPO Management Tries to Give False Impression of "Happy Staff"
EPO is trying to broadcast to the world a totally phony image of itself
The End of FOSSPost (fosspost.org), It Has become an LLM Slopfarm Like FOSSLinux
These sites will never get lucky with slop. These experiments always end badly.
 
Links 23/05/2026: Social Media Bans and Demise of Userbase of LLM Chatbots
Links for the day
SLAPP Censorship - Part 85 Out of 200: The United Kingdom's Rating for Press Freedom Has Improved, But We Can Do Even Better
we see the US at #64
Sites Realise That Becoming More Active by Using Bots (LLM Slop) is Self-Destructive
We'll soon (maybe next year) also show that some of the 85+ KG of legal papers sent our way are computer-generated garbage, which might run afoul of some rules
Gemini Links 23/05/2026: Patience, LLM Chatbts Being Bad, and Unexpected Computer Surgery
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, May 22, 2026
IRC logs for Friday, May 22, 2026
Links 22/05/2026: Ebola Crisis and Samsung Averts a Walkout With Big Bonuses
Links for the day
Links 22/05/2026: Inflation Fears and Thailand Tightens Visa Rules for Tourists From Dozens of Nations
Links for the day
EPO Staff Representation Speaks of This Week's Discussion With the EPO's Budget and Finance Committee (BFC) Amid Mass Strikes
The Central Staff Committee's outline (prepared in a rush) or the "flash report"
SLAPP Censorship - Part 84 Out of 200: New Legislation Against SLAPPs on the Way (After We Reached Out to Ministers)
They dealt with the matter individually too, but we won't share this in public, at least not at this time
The Corrupt Lecture the Non-Corrupt - Part XXX - Where Was "The Ethics and Compliance Team" When the Family of EPO President Campinos Was Caught Doing Cocaine?
It remains to be seen if national delegates will tolerate this in future meetings
Gemini Links 22/05/2026: Esperanto Music History, Suspicious Adoption of Signal, and Unauthorised LLM Slop in Code
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, May 21, 2026
IRC logs for Thursday, May 21, 2026
Links 21/05/2026: "Declining America" and Why Slop 'Code' is Made to Fail
Links for the day
Techrights and Tux Machines Subjected to Cyberattacks for Several Weeks
In the past I spoke to the cybercrime unit of British Police. Maybe it's time to do so again.
The Register MS Has Become a 'Content' Farm Promoting Slop for Hostile Corporations
Now they call it "PARTNER CONTENT" - not "SPONSORED" - as if semantics make the difference
Latest Example of Widespread Fake Assertions (False News) About "Hey Hi"
The false narrative of "Hey Hi layoffs"
Links 21/05/2026: Facebook Rewarded With Tax Breaks to Destroy the Environment and Cause Global Warming, Shortages, Pollution; SpaceX (SPCX) Continues Losing Billions of Dollars
Links for the day
Codecs and Software Patents - Part VIII - GNU Audio/Video Team Has Chosen the AV1 Video Codec and It Explains Why (They've Researched Their Options)
AV1 video codec will be used to encode and share GNU videos online
Dr. Stallman Helps Establish Free Software Advocacy Outside the Free Software Foundation (FSF) as Well
The ideals or principles of Free Software needn't be centralised or monopolised; they can be federated
22 Years of Tux Machines and a Community Stronger Than Ever Before
We've already received some feedback from the community and improved it accordingly
Microsoft Under Investigation for Breaches of Law in the UK
Just like the Microsofters
More Microsoft Layoffs on the Way (June and July 2026)
with or without PIPs
LWN Sponsored by the Linux Foundation (Monopolies)
We must be able to casually point this out
The Corrupt Lecture the Non-Corrupt - Part XXIX - European Patent Office (EPO) Tells Staff "Speaking up" is Good, But Not When the "Brother-in-law" of EPO's President Does Cocaine
Do we still have a functioning democracy and potent press?
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Wednesday, May 20, 2026
IRC logs for Wednesday, May 20, 2026
Gemini Links 21/05/2026: Immigration, Slop, and Slop 'Code' Suggestions Infesting Code Repositories
Links for the dayGemini Links 21/05/2026: Immigration, Slop, and Slop 'Code' Suggestions Infesting Code Repositories