this post was submitted on 05 Aug 2026
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[–] Allero@lemmy.today 14 points 2 hours ago (1 children)

Wikimedia Foundation has enough assets to keep hosting Wikipedia for the next 60 years, according to their financial reports:

https://upload.wikimedia.org/wikipedia/foundation/3/3f/Wikimedia_Foundation_FY_24-25_Audit_Report.pdf

Wikipedia will really be fine. It is all the other expenses that raise eyebrows in a major way. This, of course, includes the pay of the executives and high-ranking officials that earn anywhere between $150k to $500k a year, and their salaries keep growing exponentially. At the same time, they spend donated money hiring union-busting firms - presumably, to crush on the latest unionization attempts and keep growing their pay.

https://meta.wikimedia.org/wiki/Wikimedia_Foundation_salaries

[–] surewhynotlem@lemmy.world 1 points 29 minutes ago (1 children)

It's good the only thing required for a website is hosting costs that never increase. And not like... maintenance.

[–] Allero@lemmy.today 3 points 25 minutes ago

If your operating expenses for a website outweigh hosting 50:1 while most work is done by volunteers, something is seriously wrong with your books.