They have millions to spare every year, yet their hosting costs is just a couple thousand.
And yet they insist on community moderators, who aren’t trained, paid or impartial. A lot of the information on the site has been quite terrible recently.
Meanwhile, they beg and beg for more money. Where that cash goes? Well a big chunk of it is labeled “other” and “community projects”. They currently have about 250 million sitting in the bank. Enough to keep their hosting services running for over 400 years if their funding were to abruptly stop.
And then still, they accept grants on top of donations.
Their hosting is a couple million a year, and they have $80 million in cash, not $250.
Their cash flow from donations after expenses is about $6 million.
They absolutely cannot keep running for 400 years without further funding.
If nothing else, people are needed to run the servers and actually manage the basic operations of the foundation.
They’re definitely not in a dire financial situation, but they’re not centuries of hands off operation by any means.
They have millions to spare every year, yet their hosting costs is just a couple thousand.
And yet they insist on community moderators, who aren’t trained, paid or impartial. A lot of the information on the site has been quite terrible recently.
Meanwhile, they beg and beg for more money. Where that cash goes? Well a big chunk of it is labeled “other” and “community projects”. They currently have about 250 million sitting in the bank. Enough to keep their hosting services running for over 400 years if their funding were to abruptly stop.
And then still, they accept grants on top of donations.
https://upload.wikimedia.org/wikipedia/foundation/f/f6/Wikimedia_Foundation_2024_Audited_Financial_Statements.pdf
Their hosting is a couple million a year, and they have $80 million in cash, not $250.
Their cash flow from donations after expenses is about $6 million.
They absolutely cannot keep running for 400 years without further funding.
If nothing else, people are needed to run the servers and actually manage the basic operations of the foundation.
They’re definitely not in a dire financial situation, but they’re not centuries of hands off operation by any means.
Why the pizza are there wikipedia articles about this disagreeing? And their info page?
Welp, either way I’ve found them unreliable recently