The TYPO3 Association is a not-for-profit membership organization that coordinates and funds the long-term development of TYPO3 CMS. TYPO3 CMS is an open, flexible, and extensible content management system. Built for enterprise, its infrastructure provides the security and service needs of a modern business, while its feature-rich core delivers across a wide array of sectors, industries, and organizations. The Association's income from memberships, donations, and events is essential to the TYPO3 project. We funnel approximately €650,000 back into core development and community projects every year. In 2016, the TYPO3 Association founded TYPO3 GmbH (colloquially “The TYPO3 Company”), a fully-owned service company providing support and services. The company also facilitates the development of the CMS.