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Joined 7 days ago
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Cake day: December 21st, 2024

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  • Yep. Just like for-profit companies, having a diverse range of revenue streams is necessary for securing the financial health of the organization. While Wikipedia receives significant donations from companies like Google and Microsoft, it is essential to also solicit contributions from individuals to ensure that their income is not overly reliant on a single source. Just like in for-profits, Wikimedia likely determines the percentages of income from various sources needed to maintain this diversity. This concept seems particularly important for Wikipedia given its mission to provide unbiased information.

    On another note, I’ve seen your same “100 years” notion mentioned a few times on this post. I can’t imagine that everyone who’s saying it independently had the idea to analyze their financial statements and calculate projections over 100 years. Is this an article you’re quoting? Just curious.






  • If you’re asking that question because you’re genuinely conflicted about donating and you’re not just here spreading divisive nonsense on behalf of Elon Musk, you could do a deeper delve into the entire foundation or look up the Wikipedia page on Income Statements.

    You seem to be hung up on the operating expenses. That’s just a finance term for certain operational costs like the electricity bill and insurance. It does not mean the total of what it costs to run the organization and that everything else is in excess. Similarly, salary expenses includes everyone from the HR department to the custodians, not just the rich CEOs.



  • The politically elite are so used to puppeteering public sentiment with ease, and so confident in their efforts to suppress education in America that they have stopped trying to be sneaky. All American ‘news’ is propaganda and the this is a blatant attempt to divide the public on one of the last free resources for factual information**. Free as in non-criminalized. These types of posts by EM are to incite division in order to amp-up for the criminalization of information. And it’s not very difficult to see.

    **factual when readers uphold its integrity through critical consumption and editing.


  • Love that everyone on this thread is a financial analyst and a 501c consultant.

    For-profit companies have the margins they do because they’ve successfully detached humanity from their spending obligations. Wikipedia does not need to do quarterly global lay-offs or labor off-shoring when their technology doesn’t meet release deadlines. They are a nonprofit. They exist to bring factual, accessible information to the world. If you support for this cause, donate. If you don’t, don’t donate or don’t use. If you care for the cause but want the CEO to take a paycut, well, find them one who will stick around for more than a few years on less than the average mega CEO salary. Because most of them have not.