As of 2025-03-02, the matrix foundation has not released a single financial report despite being a non-profit.

  • enemenemu@lemm.ee
    link
    fedilink
    arrow-up
    3
    ·
    edit-2
    23 hours ago

    And I’m happy to share more details.

    Process wise: we finally have a Governing Board and a Finance & Fundraising Committee, and I shared rough figures with them last night. I’m gunna work through things with the Committee when we meet in early March, and then share more. I’m really sorry it’s taken so long.

    And in terms of numbers, out of the $1.2M annual costs we mention there, here’s the rough breakdown:

    $360K/yr – Trust & Safety
    $250K/yr – Other folks, covering program management, legal, compliance, finance, IT, security, dev
    $240K/yr – Server and SRE
    $170K/yr – My salary, covering fundraising, open governance, community relations, biz ops, and people mgmt
    $150K/yr – Matrix Conf + other events
    $30K/yr – Assorted expenses like travel, lodging, productivity infra
    

    And much more info in the link