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Wikipedia ran on a budget of just $27 million

Written by Andre Yoskowitz (Google+) @ 25 Dec 2012 17:18 User comments (8)

Wikipedia ran on a budget of just $27 million The non-profit Wikimedia Foundation, the company behind Wikipedia, had an operating budget of just $27 million in the last fiscal year.
Operating as the only non-profit within the world's biggest 40 websites, Wikimedia raised $38.5 million to pay its expenses during the year.

Wikipedia sees 19 billion page views per month, but its budget is just a fraction of the other companies on top of the list, like YouTube, Facebook and Baidu.

For the fiscal year ended June 30th, 2012, Wikimedia received $35 million in donations from 1.1 million donors. Donors who supported with over $1000 was small enough to fit just one page of the company's report.

You can read the full report here (it's worth it, it's only 3 pages): Wikimedia Annual Report

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8 user comments

125.12.2012 18:38

I donate $5 every time they have a fundraising drive. I think Wikipedia represents the future of cataloging human civilization and the sooner the old ****s get use to progress the better.

Edit: I like that they provided a statement of functional expenses even though they're not required to.

This message has been edited since its posting. Latest edit was made on 25 Dec 2012 @ 18:47

225.12.2012 19:53

People don't understand, Wikipedia is much more reliable than you think. It's got regulations and what can and can't be posted. Just read the guidelines that editors have to follow.

326.12.2012 0:54

Wikipedia has grown over the past decade. It is not what it used to be (information that was tampered).

Now I find it highly remarkable especially new advances in research!

426.12.2012 13:48

Agreed......Wikipedia is much more reliable and the days of tinkering with other's posts simply for the sake of screwing with them is kinda over.

Very interesting article.

526.12.2012 16:10

Before you donate to Wikipedia you have to read "Wikipedia doesn't need your money - so why does it keep pestering you?" in Register http://www.theregister.co.uk/2012/12/20...pedia_chugging/ and "Wikipedia co-founder Jimmy Wales restricts discussion of Tony Blair friendship" in The Telegraph. http://www.telegraph.co.uk/technology/w...friendship.html

This message has been edited since its posting. Latest edit was made on 26 Dec 2012 @ 16:59

626.12.2012 16:30

Not only is it cheaper to run the site by you get pretty good info on the site if you know where/how to look for what you want. Win-win for everyone it seems...


Chance prepares the favored mind. Look up once in a while and you might learn something. - BLUEBOY

726.12.2012 23:16

Originally posted by Azuran:
I donate $5 every time they have a fundraising drive. I think Wikipedia represents the future of cataloging human civilization and the sooner the old ****s get use to progress the better.

Edit: I like that they provided a statement of functional expenses even though they're not required to.
this old ***k uses it all the time.lol.

827.12.2012 18:19

Top 10 Wikipedia pages of 2012:
http://www.salon.com/2012/12/27/top_wikipedia_pages_of_2012/


Live Free or Die.
The rule above all the rules is: Survive !
Capitalism: Funnel most of the $$$ to the already rich.

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