I didn't know about that project, that's really cool! I'd be curious to know whether the person who devised this scheme was aware of structured meaning representations (UCCA, AMR, ...), and if so, why they chose to create a new meaning representation. Maybe the goals of the project and/or the constraints of Wikidata necessitated this.
Anyway, GUM (and its sister corpus EWT) does have a lot of parsed permissively-licensed text, so whoever's in charge should definitely consider using them. (Amir, the maintainer, is also super friendly and would respond to an email.)
Are descriptions for these available anywhere? (The articles on https://en.wikipedia.org/wiki/Universal_Conceptual_Cognitive... and https://en.wikipedia.org/wiki/Abstract_Meaning_Representatio... are not very helpful.) I did find an interesting description of UMR https://github.com/umr4nlp/umr-guidelines/blob/master/guidel... , which looks like it might be intended as a generalization of AMR and quite in line w/ what the project is looking for.
UCCA: https://aclanthology.org/P13-1023.pdf
And yeah, you could consider UMR an improved version of AMR. AMR is often lampooned with the false name "American Meaning Representation", referring to its unapologetic focus on English only. UMR tries to undo this sin and has a lot of the same people behind it, as well as some new features such as document-level context.