A big thank you to Guy Macon for doing the research. (((The Quixotic Potato))) (talk) 19:09, 21 December 2016 (UTC)
The Elephant In The Room
editToday the WMF is spending 300 times as much (52596782 ÷ 177670 ≈ 296) to accomplish basically the same job it was accomplishing just fine ten years ago.
I could accept a 10X increase, but 300X? How can anyone justify something like that? I would really like to see someone argue that the WMF is accomplishing three hundred times more than it accomplished ten years ago.
Year | Total Support and Revenue | Total Expenses | Increase in Net Assets | Net Assets at year end |
---|---|---|---|---|
2003/2004[1] | $80,129 | $23,463 | $56,666 | $56,666 |
2004/2005[1] | $379,088 | $177,670 | $211,418 | $268,084 |
2005/2006[1] | $1,508,039 | $791,907 | $736,132 | $1,004,216 |
2006/2007[2] | $2,734,909 | $2,077,843 | $654,066 | $1,658,282 |
2007/2008[3] | $5,032,981 | $3,540,724 | $3,519,886 | $5,178,168 |
2008/2009[4] | $8,658,006 | $5,617,236 | $3,053,599 | $8,231,767 |
2009/2010[5] | $17,979,312 | $10,266,793 | $6,310,964 | $14,542,731 |
2010/2011[6] | $24,785,092 | $17,889,794 | $9,649,413 | $24,192,144 |
2011/2012[7] | $38,479,665 | $29,260,652 | $10,736,914 | $34,929,058 |
2012/2013[8] | $48,635,408 | $35,704,796 | $10,260,066 | $45,189,124 |
2013/2014[9] | $52,465,287 | $45,900,745 | $8,285,897 | $53,475,021 |
2014/2015[9] | $75,797,223 | $52,596,782 | $24,345,277 | $77,820,298 |
References
- ^ a b c http://upload.wikimedia.org/wikipedia/foundation/2/28/Wikimedia_2006_fs.pdf
- ^ http://upload.wikimedia.org/wikipedia/foundation/4/49/Wikimedia_2007_fs.pdf
- ^ http://upload.wikimedia.org/wikipedia/foundation/4/4c/Wikimedia_20072008_fs.pdf
- ^ http://upload.wikimedia.org/wikipedia/foundation/4/4f/FINAL_08_09From_KPMG.pdf
- ^ http://upload.wikimedia.org/wikipedia/foundation/c/cc/FINAL_09_10From_KPMG.pdf
- ^ http://upload.wikimedia.org/wikipedia/foundation/a/ac/FINAL_10_11From_KPMG.pdf
- ^ http://upload.wikimedia.org/wikipedia/foundation/0/09/FINAL_11_12From_KPMG.pdf
- ^ http://upload.wikimedia.org/wikipedia/foundation/6/6e/FINAL_12_13From_KPMG.pdf
- ^ a b https://upload.wikimedia.org/wikipedia/foundation/0/0b/Audit_Report_-_FY_14-15_-_Final.PDF
Comments welcome. --Guy Macon (talk) 15:50, 20 July 2016 (UTC)
- Wow. Just wow. --Dweller (talk) Become old fashioned! 16:18, 20 July 2016 (UTC)
- Believe it or not, I found someone who thinks that that 300X spending increase was a great idea, and is advocating even more spending. See User talk:Jimbo Wales/Archive 209#The elephant in the room.
Interesting information:
- Assessing endowment performance (Vanguard, PDF)
- Wikipedia has a ton of money. So why is it begging you to donate yours? (The Washington Post)
- Wikipedia fundraising drive: Should you donate money to the Wikimedia Foundation? (International Business Times)