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335 points coloneltcb | 2 comments | | HN request time: 0s | source
1. djoldman ◴[] No.45304203[source]
I'm interested to know if last year's book publisher settlement cost will be reflected in IA's public filings. I assume they'll file a 990 in november:

https://projects.propublica.org/nonprofits/organizations/943...

replies(1): >>45307244 #
2. ilamont ◴[] No.45307244[source]
Thanks for sharing that. 2023 data:

Revenue: $23,678,074

Expenses: $32,674,667

Net Income: -$8,996,593

Net Assets: -$3,530,018

Liabilities and expenses have likely grown in the last 18 months. IA may have gained some additional donations, but a lot of people are turned off by Kahle's doubling down on courtroom fights with copyright owners, even if he takes $0 in salary.

No organization can keep this up unless there is an ace in its back pocket.