Comment on Elon Musk Offers to Also Ruin Wikipedia

• Kovukono@pawb.social ⁨1⁩ ⁨year⁩ ago

  I’ve heard that and decided to look myself. According to their fundraising report for fiscal year 2021/22, they received $165.2m from 13m people. Removing “major gifts,” $20.8m (only 18,000 people), it comes out to a bit over $11 per person. Additionally, they got $13.5m to their trust, the Wikimedia Endowment (average donation of $13.91/person). So definitely, most of their income comes from small donations.

  As to whether they need it, according to their FY 21/22 financials statement, they’re sitting on $198m in assets ($51m of which is cash), with an additional $52m they can’t touch because they’re long-term investments. However, their expenditures made up $154m. In total, they’re reporting they netted $8m last year for additional assets, but assuming that everyone stopped donating, Wikipedia would probably die in a year, even with liquidation of short-term assets.

  source

  • CatradoraSomething@lemm.ee ⁨1⁩ ⁨year⁩ ago

    thank ya! I appreciate the effort you made for my silly comment. Ill read those links too.

    source
  • danque@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Time to make the yearly offline copy of the English Wikipedia. It’s always handy to have an offline version.

    source
• prole@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  Where would you even have heard such nonsense?

  source

  • CatradoraSomething@lemm.ee ⁨1⁩ ⁨year⁩ ago

    thats just being an ass for no reason, ya didn’t exactly contribute much besides bitchin’

    source

    • prole@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      Asking for a source is “being an ass”?

      source
• Bayz0r@lemmy.world ⁨1⁩ ⁨year⁩ ago

  How do you figure?

  source

  • CatradoraSomething@lemm.ee ⁨1⁩ ⁨year⁩ ago

    I mean someone else already answered, I was just asking to see if it was true and proved wrong.

    source