Directly prior to the beginning of the 2020-2021 fiscal year, we saw a sharp decrease in individual donations.ĭespite this difficulty, throughout the end of 2020, you helped us break fundraising records with the 2020 Bug Smash Fund and the 2020 year-end campaign. It’s no surprise that the Tor Project faced many uncertainties in our funding sources at the beginning of 2020 when the pandemic changed the world.
The audit and tax filing forms we discuss in this post cover Jto June 30, 2021. We made this change in 2017 so that our fundraising season (December) falls in the middle of our fiscal year, allowing us to better plan our budgets. *Note: Our fiscal years run from July through June instead of following the calendar year. This year’s version of the financial transparency post is a bit different than past iterations: we hope that by expanding each subsection of this post and adding more detail, you will have an even better understanding of the Tor Project’s funding, and that you will be able to read the audited financial statements and Form 990 on your own should you have more questions. Transparency also means being clear about our values, promises, and priorities as laid out in our social contract. This is how we operate in all aspects of our work: we show you all of our projects, in source code, and in periodic project and team reports, and in collaborations with researchers who help assess and improve Tor. In this post, we aim to be very clear about where the Tor Project’s money comes from and what we do with it. Transparency for a privacy project is not a contradiction: privacy is about choice, and we choose to be transparent in order to build trust and a stronger community. We upload all of our tax documents and publish a blog post about these documents in order to be transparent. After completing standard audits for 2020-2021,* our federal tax filings (Form 990) and audited financial statements are both now available. federal law for 501(c)(3) nonprofits, the Tor Project completes a Form 990, and as required by contractual obligations and state regulations, an independent audit of our financial statements.
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