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Wikipedia is drowning in money?

Their audited financials:

- Cash in hand: $100m, Annual expenses: $91m - https://upload.wikimedia.org/wikipedia/foundation/3/31/Wikim...

Internet archive:

- Net assets: $2m, Functional expenses: $18m - https://projects.propublica.org/nonprofits/organizations/943...

Yes, but look at how those $91M break down. Almost all "actual" expenses (including hosting) went down from last year, but the salaries continued to grow by several million, as they do every single year. I love Wikipedia, but I've stopped donating for that reason.

How much should an organization spend in salaries?

Snapchat spends 1,649m in operating expenses. Wikimedia 46m in salaries.

Now, are these dollars invested paying off for our society? That's for all of us to decide.

- https://www.nasdaq.com/market-activity/stocks/snap/financial..., https://upload.wikimedia.org/wikipedia/foundation/3/31/Wikim...

The problem with Wikimedia salaries is that they often are allocated to some projects / roles that don't have much to do with the principal activity (Wikipedia). Although I recognize that it is important to fund / subsidize stuff that won't otherwise be included, I wish their final goal was more concentrated on the wellbeing of Wikipedia, rather than other minor projects.

https://news.ycombinator.com/item?id=22135938

Reply on news.ycombinator.com