The NetBSD Foundation 2025 Financial Report

Description	USD
Initial balance (2025–01–01)	255,154.45 USD
Adjustments [1]	146.49 USD
Income	80,607.21 USD
Expenditures	−21,159.67 USD
Net assets change	59,447.54 USD
Final balance (2025–12–31)	314,748.48 USD
Income
Donations	79,700.91 USD
Dividends and interest	906.30 USD
Expenditures
Overhead: Currency exchange	307.00 USD
Overhead: Fees	1,702.89 USD
Overhead: Fundraising	0.00 USD
Overhead: Legal	3,663.68 USD
Overhead: Operations	196.49 USD
Program: Conference	5,966.87 USD
Program: Consulting	4,833.14 USD
Program: Travel	4,489.60 USD

[1] 146.49 USD was paid out to us by a donation processor in previous years without any corresponding records of donations until we filed a support ticket and determined that they were, in fact, donations. These would have been recorded as past-year income, had we known information about the donors, but lacking that, at the time they were recorded as liabilities from the donation processor's overpayment.