Mission
TO FUND BITCOIN-RELATED FREE AND OPEN-SOURCE PROJECTS AND ASSOCIATED EDUCATION AND RESEARCH INITIATIVES.
Public Charity
OPEN SATS INITIATIVE INC
Based in PUNTA GORDA, FL, OPEN SATS INITIATIVE INC operates as a Public Charity. The organization reported $28.8M in revenue, $9.9M in expenses, $51.3M in total assets for fiscal year 2024. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $35.5M.
EIN: 852722249
PUNTA GORDA, FL
Alliances & Advocacy
NTEE: S01
Latest filing: 2024
Total Revenue$28.8M
Total Expenses$9.9M
Total Assets$51.3M
Grant Records12
Funding Total$35.5M
Filing Years2022–2024
Where $100 goes at Open Sats Initiative Inc
How Open Sats Initiative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$95
Programs
the work itself
$5
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $95 for programs
$95
To help support and maintain a sustainable ecosystem of funding for free and open source projects and contributors, especially bitcoin related projects and projects which help bitcoin flourish
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FOR RECIPIENT'S EXEMPT PURPOSE
$2,000,000
For grant recipient's exempt purposes
$161,900
GENERAL SUPPORT
$13,079
GENERAL SUPPORT
$13,079
For grant recipient's exempt purposes
$21,015,667
Showing up to 5 of 12 total records — full history available with membership.
Officers & Directors
OFFICER
Benjamin Price
DIRECTOR
Bigrebase Llc
OFFICER
Chronology Unipessoal Lda
DIRECTOR
Freedom Tech Llc
DIRECTOR
Full Disclosure Llc
DIRECTOR
Ib Cypherust Llc
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $28.8M | $9.9M | $51.3M |
| 2023 | $11.3M | $4.0M | $13.9M |
| 2022 | $1.8M | $282K | $1.4M |
Between 2022 and 2024, reported annual revenue grew from $1.8M to $28.8M (+1507%), with total assets most recently reported at $51.3M.
Interactive year-over-year charts and full filing details available with membership.