Mastodon announces new European non-profit, change of CEO

submitted by andypiper

Mastodon announces new European non-profit, change of CEO

Back to main discussion

splinter

You mean 501(c), and distribution of excess profit would at minimum evoke an excise tax and might cause loss of 501(c) status.

Avatar rglullis

You are right about the code , but you are also making my point about why it matters if the whole endeavor is classified as for-profit or not.

splinter

I’m definitely not doing that. I’m pointing out that the commenter above is correct and you appear to have a misconception about what non-profit means.