Financial Report

The GNOME Foundation 2015 financial year ran from October 1st, 2015 to September 30th, 2016. Foreign currencies are converted to USD.

Income

The significant drop in income levels between 2015 and 2016 is mostly attributed to the GNOME Outreach Program for Women (OPW) splitting from our Foundation and forming Outreachy. 2015 was also the year where we rallied community support and donations because of the Groupon copyright issue. In addition, $20000 in Advisory Board fees for this calendar year were invoiced and paid after the fiscal year and will be reflected in the next fiscal year's income.

Expenditures

The significant drop in expenditure levels between 2015 and 2016 is also mostly attributed to OPW leaving. GUADEC expenditures often are settled within a year or two after the event but may take longer to resolve. The expenditures listed in the 2016 fiscal year for GUADEC includes payments for 2011, 2015, and 2016 GUADECs.