3 ms·
I'm not sure where you got the idea that Wikipedia doesn't bring in much. Their annual plan from last year [1] says that they expected to raise over $60M during
by Deimorz 9y ago
I'm not sure where you got the idea that Wikipedia doesn't bring in much. Their annual plan from last year [1] says that they expected to raise over $60M during the year. Unless anything's changed recently, they also try to keep over a year's worth of operating expenses in reserve, which means they're likely also sitting on almost $100M.
The complaints I see are usually related more to thinking that they really shouldn't need to spend so much (the FY17-18 plan for expenses is $76.8M [2]), and that their fundraising drives always make it seem like they're on the brink of death when they actually have a huge amount of money in the bank.
[1]: https://meta.wikimedia.org/wiki/Wikimedia_Foundation_Annual_Plan/2016-2017/Final#Revenues:_FY_2016-17_annual_plan https://meta.wikimedia.org/wiki/Wikimedia_Foundation_Annual_...
[2]: https://meta.wikimedia.org/wiki/Special:MyLanguage/Wikimedia_Foundation_Annual_Plan/2017-2018/Final/Financials#Wikimedia_Foundation_financial_tables https://meta.wikimedia.org/wiki/Special:MyLanguage/Wikimedia...