3 ms·
It is an effective face... to wit: >It was an excellent year for the Wikimedia Foundation from a financial perspective. The 2010-11 plan called for us to incr
by 0003 15y ago
It is an effective face... to wit:
>It was an excellent year for the Wikimedia Foundation from a financial perspective.
The 2010-11 plan called for us to increase revenue 28% from 2009-10, to $20.4 million,
and to increase spending 124% from 2009-10, to $20.4 million. In fact, we significantly
over-achieved from a revenue perspective, and we also under spent, resulting in a
larger reserve than planned. We closed the year with a reserve of $12 million, up from
$7 million the prior year.
This over-achievement is primarily due to the success of the 2010 WMF fundraiser. In
2010-11, the Wikimedia Foundation refocused from a mixed revenue model to a strong
primary focus on the annual campaign: this resulted in our shortest and most
successful campaign to date, raising $15 million (up 72% from 2009's $8.7 million) in
50 days (25% fewer than 2009's 67 days). If you include the $6.5 million received by
12 chapters which acted as payment processors in 2010, the total raised by the
movement in the 2010 campaign was $21.5 million.[1]
[1]http://upload.wikimedia.org/wikipedia/foundation/7/72/Audit_FAQ_2011_Final.pdf http://upload.wikimedia.org/wikipedia/foundation/7/72/Audit_...
- benatkin 15y agoIndeed. I think he looks kind of like Larry Ellison but I'm not great at recognizing faces and I haven't put them side-by-side yet.