I established DamnInteresting.com in 2005, a place where myself and handful of others produce original long-form non-fiction in article and podcast form. Despite plenty of traffic, it didn't reach the break-even point for several years, because I despise advertisements and I refused to add them to my site. I funded the project in other ways, such as donations, publishing a book, licensing content, etc.
Nowadays it still only earns a little every month, but that's mostly owing to a rise in expenses (e.g., I pay the contributors more). But profit is secondary for me, my primary motive is to have an excuse to research and write this stuff, and for intelligent people to consume it.