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They're actually pretty transparent in their annual report [0]. The issue is that their ads are slightly misleading in that they hint that they might have to p
by jfim 7y ago
They're actually pretty transparent in their annual report [0].
The issue is that their ads are slightly misleading in that they hint that they might have to pull the plug ("we depend on donations [...] we need your help [...] time is running out in 2019 to help us") even though the time is running out in 2019 part is because they're running the ads during the end of the year, not because they're running out of money. They spent 46 million in salaries out of 120 million in revenue, while the hosting expenses are one of their smallest line items at 2.3 million.
[0] https://upload.wikimedia.org/wikipedia/foundation/3/31/Wikimedia_Foundation_Audit_Report_-_FY18-19.pdf https://upload.wikimedia.org/wikipedia/foundation/3/31/Wikim...