4 ms·
150+ million USD is spent per year by the organization while most of the work is done by volunteers. Quite a serious money-making engine.
by rvnx 6y ago
150+ million USD is spent per year by the organization while most of the work is done by volunteers.
Quite a serious money-making engine.
- zamadatix 6y agoYou're a bit off on the number (maybe you were thinking net assets?). For those curious of the breakdown https://en.wikiversity.org/wiki/Statistical_analysis_of_Wikimedia_Foundation_financial_reports https://en.wikiversity.org/wiki/Statistical_analysis_of_Wiki...
- superasn 6y agoSpeaking as someone who has absolutely no knowledge of how Wikipedia is run.. what is the biggest expense? Is it the hosting, bandwidth, or maybe HR.. I mean the stuff that takes the lion's share of this $150M?
- h_anna_h 6y ago"Hosting wikipedia accounts for roughly 2% of their total expenses" https://news.ycombinator.com/item?id=26056276 https://news.ycombinator.com/item?id=26056276 The links in the post explain where the stuff is spent.
- superasn 6y agoThat was super informative.. thanks! Only 2% is insane - I was thinking a lot lot more!
- ghaff 6y agoWell, that's internet hosting. The biggest expense (almost half) is people, at least some of which is doubtless related to operating that internet hosting. They also give out a fair bit in grants/awards.
- nearbuy 6y agoFor the employees and contractors? It's a bit strange to describe a non-profit as a money-making engine.