Every now and then I’ll get an email from someone higher up in Wikipedia asking for a donation. I don’t really mind a tenner but I don’t know if it pads the pockets of corporate management or actual contributors. Also, are they really short of money or is this tugging at emotional strings a play at something else? I wish Wikipedia survives but there’s a lot of projects I need to donate to and I have a budget.
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No, they don’t.
As of December 31, 2023, [Wikimedia has] annual revenues of $180.2 million, […] net assets of $255 million and a growing endowment, which surpassed $100 million in June 2021.
Thanks
Can I get a tl;dr? Revenue is meaningless without subtracting costs.