Liabilities / Assets
5th percentile
Higher debt load relative to assets than 5% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
5th percentile
Higher debt load relative to assets than 5% of similar nonprofits.
Liabilities / Revenue
5th percentile
Higher debt load relative to revenue than 5% of similar nonprofits.
Net Margin
91st percentile
Higher net margin than 91% of similar nonprofits.
Top Officer Pay
58th percentile
Higher top officer pay than 58% of similar nonprofits.
Top officer pay equals 4.3% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Assets
Up$42,587,999
Up $13,796,220 (+48%) from 2022
Net Assets
Up$42,559,216
Up $13,769,718 (+48%) from 2022
Liabilities
Up$28,783
Up $26,502 (+1162%) from 2022
Revenue
Up$6,797,984
Up $4,745,652 (+231%) from 2022
Expenses
Up$3,409,355
Up $1,101,252 (+48%) from 2022
Net Income
Up$3,388,629
Up $3,644,400 (+1425%) from 2022
The Sia Foundation was created to serve as the ideal steward of the Sia storage network: financially stable, politically neutral, and technologically capable. We aim to disrupt cloud storage by allowing peers to buy and sell cloud storage directly in a global, trustless marketplace, and to conduct research and engineering in the open, sharing our results for the benefit of all.
The Sia Foundation, Inc. is a 501(c)(3) non-profit dedicated to revolutionizing data storage through decentralization.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Intangible Assets | $12,533,247 | $27,206,112 | ▲ $14,672,865 |
| Savings and Temporary Cash Investments | $15,500,382 | $14,151,775 | ▼ $1,348,607 |
| Cash and Non-Interest-Bearing Accounts | $747,118 | $1,220,826 | ▲ $473,708 |
| Prepaid Expenses and Deferred Charges | $6,541 | $5,984 | ▼ $557 |
| Land, Buildings, and Equipment, Net | $4,491 | $3,302 | ▼ $1,189 |
| Total Assets | $28,791,779 | $42,587,999 | ▲ $13,796,220 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $2,281 | $28,783 | ▲ $26,502 |
| Total Liabilities | $2,281 | $28,783 | ▲ $26,502 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $28,789,498 | $42,559,216 | ▲ $13,769,718 |
| Total Net Assets Fund Balance | $28,789,498 | $42,559,216 | ▲ $13,769,718 |
| Total Liabilities and Net Assets / Fund Balance | $28,791,779 | $42,587,999 | ▲ $13,796,220 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,302 | $2,646 | $5,948 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Luke Champine | President/Treasurer/Core Developer | FT | $249,997 | $40,546 | $290,543 |
| Nathaniel Maninger | President/Director | FT | $227,892 | $43,247 | $271,139 |
| Alexander Freska | Frontend Engineer | FT | $204,541 | $46,500 | $251,041 |
| Steven Funk | Director of People and Support | FT | $168,478 | $51,020 | $219,498 |
| Frances Lu | Operations Director | FT | $175,791 | $39,126 | $214,917 |
| Name | Title |
|---|---|
| Eddie Wang | Chairman/Secretary |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Schinnerl Engineering Consultancy GmbH | Research, software architecture, softwar | Postfach 8952, Schlieren, Sz | $368,000 |
| Brone Engineering and Consultancy CommV | Research, software architecture, softwar | Rijselstraat 230 8200, SintMichiels, Be | $242,139 |
| Contribution Type | Reported Amount |
|---|---|
| Other Non Cash Contri Table | $5,750,322 |
| Total Noncash Contributions | $5,750,322 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,454,233 |
| Other Expenses | $1,272,791 |
| Grants and Similar Amounts Paid | $682,331 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $640,238 | $288,325 | - | $928,563 |
| Other Salaries and Wages | $511,135 | $199,844 | - | $710,979 |
| Current Officers, Directors, Trustees, and Key Employees | $403,801 | $157,881 | - | $561,682 |
| Foreign Grants | $429,937 | - | - | $429,937 |
| Grants to Domestic Orgs | $234,891 | - | - | $234,891 |
| Fees for Services Legal | $5,410 | $131,554 | - | $136,964 |
| Payroll Taxes | $58,068 | $22,704 | - | $80,772 |
| Other Employee Benefits | $51,923 | $20,302 | - | $72,225 |
| Fees for Services Accounting | - | $47,967 | - | $47,967 |
| Travel | $45,431 | - | - | $45,431 |
| Office Expenses | $22,509 | $17,388 | - | $39,897 |
| Advertising | $30,136 | - | - | $30,136 |
| Pension Plan Contributions | $20,543 | $8,032 | - | $28,575 |
| Information Technology | $23,127 | - | - | $23,127 |
| Grants to Domestic Individuals | $17,503 | - | - | $17,503 |
| Insurance | - | $7,740 | - | $7,740 |
| Other Expenses | - | $1,306 | - | $1,306 |
| Depreciation Depletion | - | $1,189 | - | $1,189 |
| Conferences and Meetings | $916 | - | - | $916 |
| Total Functional Expenses | $2,495,568 | $913,787 | $0 | $3,409,355 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,409,355 |
| Total Expenses per Audited Statements | $3,409,355 |
| Total Expenses per Form 990 | $3,409,355 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Messari Inc | New York City, NY | - | Research | $120,000 |
| Hammer Technologies LLC | Jacksonville, NC | - | Development | $67,500 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | Grants to recipients | - | 0 | 0 | $429,937 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Business owned by Chair Eddie Wang | Software Development and Consulting | No | $72,000 |
“Each member of the Board of Directors receive a copy of the Form 990 prior to filing. The Board of Directors then review and discuss each part of the Form 990. Documentation of the review is recorded in meetings minutes.”
“The Sia Foundation has a Board approved conflict of interest policy. The Board and staff annually acknowledge and disclose if they have engaged in transactions that present conflicts of interest.”
“Compensation for the President and key employees is reviewed and determined by research on comparability data of similarly qualified people in roles at other non-profit organizations with a similar budget. The President's salary is reviewed and determined by the Board of Directors, with no members that have a conflict of interest in the process.”
“The documents are made public on a Non-Profit Organization/Public Charities website and provided upon request.”
“Other professional fees: Program service expenses 640,238. Management and general expenses 288,325. Fundraising expenses 0. Total expenses 928,563.”
“The Foundation is exempt from the payment of income taxes on its exempt activities under Section 501(c)(3) of the Internal Revenue Code (IRC). No provision for income taxes has been made, as there were no unrelated business activities for the year ended December 31, 2023. Management has evaluated The Foundation's tax positions and concluded that the financial statements do not include any uncertain tax positions.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 2281 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 28783 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | The Sia Foundation, Inc. is a 501(c)(3) non-profit dedicated to revolutionizing data storage through decentralization. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 30136 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 30136 |
| IRS990/AllOtherContributionsAmt | 0 | 5750322 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Watts Group Inc |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7038658292 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4161 Chain Bridge Road |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Fairfax |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22030 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 1 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 747118 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1220826 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 157881 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 403801 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 561682 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 916 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 916 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 368000 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 242139 |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/AddressLine1Txt | 0 | Postfach 8952 |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/AddressLine1Txt | 1 | Rijselstraat 230 8200 |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CityNm | 0 | Schlieren |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CityNm | 1 | SintMichiels |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CountryCd | 0 | SZ |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CountryCd | 1 | BE |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | Schinnerl Engineering Consultancy GmbH |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | Brone Engineering and Consultancy CommV |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Research, software architecture, softwar |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Research, software architecture, softwar |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 5750322 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 682331 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1047662 |
| IRS990/CYOtherExpensesAmt | 0 | 1272791 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3388629 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1454233 |
| IRS990/CYTotalExpensesAmt | 0 | 3409355 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6797984 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1189 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1189 |
| IRS990/Desc | 0 | Protocol - The Sia Foundation exists to strengthen the Sia protocol through research and development by funding developers and other protocol needs. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1539592 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 47967 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 47967 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 131554 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 5410 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 136964 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 288325 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 640238 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 928563 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignGrantsGrp/ProgramServicesAmt | 0 | 429937 |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 429937 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 28017 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 26297 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 26411 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 30126 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 41225 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Eddie Wang |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Luke Champine |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Nathaniel Maninger |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Alexander Freska |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Frances Lu |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Steven Funk |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 262526 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 244842 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 224630 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 184791 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 178273 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman/Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | President/Treasurer/Core Developer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | President/Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Frontend Engineer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Operations Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director of People and Support |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2020 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 874175 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 6593 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 17503 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 17503 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 234891 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 234891 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 2329737 |
| IRS990/GrossReceiptsAmt | 0 | 8253546 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 23127 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 23127 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 7740 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 7740 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 12533247 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 27206112 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 173487 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 173487 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2646 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4491 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3302 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5948 |
| IRS990/LegalDomicileStateCd | 0 | DE |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 1455562 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | The Sia Foundation, Inc. is a 501(c)(3) non-profit dedicated to revolutionizing data storage through decentralization. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 1 |
| IRS990/MoreThan5000KToOrgInd | 0 | 1 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 28789498 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 42559216 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 874175 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 874175 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 10381089 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 28789498 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 42559216 |
| IRS990/NoncashContributionsAmt | 0 | 5750322 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 17388 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 22509 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 39897 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 20302 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 51923 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 72225 |
| IRS990/OtherExpensesGrp/Desc | 0 | Fees |
| IRS990/OtherExpensesGrp/Desc | 1 | Taxes and licenses |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 9555 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1306 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 9555 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1306 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 199844 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 511135 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 710979 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 22704 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 58068 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 80772 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 8032 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 20543 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 28575 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 6541 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5984 |
| IRS990/PrincipalOfficerNm | 0 | Nathaniel Maninger |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Grants Program - Program dedicated to funding research, development, developer tools, and anything else that will support and further our mission of user-owned data. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 747575 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 645997 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | 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. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 208401 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 29741 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 10751353 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 360507 |
| IRS990/PYInvestmentIncomeAmt | 0 | -8699021 |
| IRS990/PYOtherExpensesAmt | 0 | 960005 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -255771 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 987591 |
| IRS990/PYTotalExpensesAmt | 0 | 2308103 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2052332 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3388629 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 15500382 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 14151775 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 5750322 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10751353 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41668273 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 58169948 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 173487 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 382 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 173869 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 58169948 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5750322 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10751353 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41668273 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 58169948 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 58343817 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3302 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 2646 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 5948 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 3409355 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 10381089 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 10381089 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 6797984 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Foundation is exempt from the payment of income taxes on its exempt activities under Section 501(c)(3) of the Internal Revenue Code (IRC). No provision for income taxes has been made, as there were no unrelated business activities for the year ended December 31, 2023. Management has evaluated The Foundation's tax positions and concluded that the financial statements do not include any uncertain tax positions. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3302 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3409355 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 6797984 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 17179073 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 3409355 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 429937 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | Grants to recipients |
| IRS990ScheduleF/BoycottCountriesInd | 0 | 0 |
| IRS990ScheduleF/ContinuationSpentAmt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | 0 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt | 0 | 166790 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt | 1 | 55890 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt | 0 | 5 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt | 1 | 2 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 0 | Europe (Including Iceland & Greenland) |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 1 | Sub-Saharan Africa |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt | 0 | Research and development |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt | 1 | Research and development |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | 0 |
| IRS990ScheduleF/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 0 | 52800 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 1 | 78700 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 2 | 0 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 3 | 15170 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 4 | 26170 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 5 | 26520 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt | 0 | Cryptocurrency |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 1 | 0 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 2 | 5752 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 3 | 0 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 4 | 0 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 5 | 0 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 0 | Research and development |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 1 | Research and development |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 2 | Research and development |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 3 | Research and development |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 4 | Research and development |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 5 | Research and development |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 0 | Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 1 | East Asia and the Pacific |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 2 | Sub-Saharan Africa |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 3 | Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 4 | Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 5 | North America |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc | 0 | FMV based on USD |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | 0 |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | 0 |
| IRS990ScheduleF/SubtotalEmployeesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalOfficesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalSpentAmt | 0 | 429937 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | Progress made by grantees is made public. The Sia Foundation also reaches out to grantees to ensure grant funds are utilized appropriately and progress is being made on the funded projects. |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 2: |
| IRS990ScheduleF/Total501c3OrgCnt | 0 | 0 |
| IRS990ScheduleF/TotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/TotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/TotalOtherOrgCnt | 0 | 6 |
| IRS990ScheduleF/TotalSpentAmt | 0 | 429937 |
| IRS990ScheduleF/TransferToForeignCorpInd | 0 | 0 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 17503 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | Research and development |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 2 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 120000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 67500 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 1 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 0 | Cryptocurrency |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 1 | Cryptocurrency |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Research |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | Development |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Messari Inc |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | Hammer Technologies LLC |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 823987078 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 833782997 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 228 Park Ave S PMB 52631 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 100 Quartz Drive |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | New York City |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | Jacksonville |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | NC |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 10003 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 28540 |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 0 | FMV |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 1 | FMV |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | Progress made by grantees is made public. The Sia Foundation also reaches out to grantees to ensure grant funds are utilized appropriately and progress is being made on the funded projects. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 2: |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 0 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 2 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.