4 ms·
> I like Wikipedia but does it really take that many people and that much money to run it? It takes a lot of people and money to raise $150m/year ;->
by ZetaZero 5y ago
> I like Wikipedia but does it really take that many people and that much money to run it?
It takes a lot of people and money to raise $150m/year ;->
- belval 5y agoAccording to their 2019/2020 statement they spend 5M$ in "donation processing" and an additional 5M$ in wages for the donation campaigns. 10M$ in expenses to get 120M$ really isn't so bad. [1] https://upload.wikimedia.org/wikipedia/foundation/f/f7/Wikimedia_Foundation_FY2019-2020_Audit_Report.pdf https://upload.wikimedia.org/wikipedia/foundation/f/f7/Wikim...
- bashmack 5y agoI wonder if that also includes all the work done simply to figure out the best way to solicit for donations?
- ZetaZero 5y agoThanks! I checked on Charity Nav https://www.charitynavigator.org/ein/200049703 https://www.charitynavigator.org/ein/200049703 It says they spend 9 cents to raise every dollar, almost exactly your numbers. Overall, they are rated superbly.