NonprofitsSia Foundation Inc

Science & Technology

Sia Foundation Inc

RANDOLPH, MA

Total revenue

$12.3M

Total expenses

$4.8M

Net assets

$42.5M

Grants received

EIN

854329649

Tax year

2024

Mission

The Sia Foundation, Inc. is a 501(c)(3) non-profit dedicated to supporting the Sia cloud storage network and educating the public about the urgency of data privacy and ownership.

Programs

2 programs

Community - Program dedicated to education and outreach to educate people on Sia, our mission of user-owned data, and the importance of decentralized cloud storage.

Expenses: $1.2M

Grants Program - Program dedicated to funding research, development, developer tools, and anything else that will support and further our mission of user-owned data.

Expenses: $861KGrants: $722K

Financials

FY 2024

Revenue

Contributions & grants$10.2M
Program service revenue
Investment income$2.1M
Other revenue
Total revenue$12.3M

Expenses

Grants paid$722K
Salaries & benefits$1.9M
Fundraising
Other expenses$2.3M
Total expenses$4.8M
Total assets$42.6M
Net assets$42.5M

People

6 listed

NameRoleCompensation

Nate Maninger

President/Core Developer

Board

$305K

40 hrs/wk

Luke Champine

Treasurer/Core Developer

Board

$251K

40 hrs/wk

Eddie Wang

Chairman/Secretary

Board

5 hrs/wk

Alex Freska

Front-end Engineer

Staff

$254K

40 hrs/wk

Frances Lu

Director of Operations

Staff

$200K

40 hrs/wk

Steve Funk

Director of People and Support

Staff

$196K

40 hrs/wk

Independent contractors

Schinnerl Engineering Consultancy GmbH

Research, software architecture, softwar

$435K

Brone Engineering and Consultancy CommV

Research, software architecture, softwar

$350K

Ikenna Oliver Olufemi

Developer support, content production, c

$108K

Details

EIN854329649
NTEE codeU99
Subsection03
Ruling date2022-04
Formed2020
Employees9
Volunteers0
SIA FOUNDATION INC — Mission, Financials & Grants Received | Grantivo