The Wikimedia Foundation (the organization which runs and controls Wikipedia) has just published their annual financial report for the current year -- and they made a mountain of money.
Revenue is up. Total assets are up. Everything, with Wikimedia, is up. Way, way up.
Including salaries for their executives. In an extreme way.
At this point, they are Scrooge McDuck swimming through the money in their vault.
Yet, if you go to Wikipedia.org right now, you will be told -- with a great deal of urgency and alarm -- that "it will soon be too late to help us" and that they desperately need you to "please give".
Let's take a quick tour of Wikimedia's current financials to see exactly how rich they are... and how they truly are using those donations. (And exactly how rich their executives are growing.)
See also: "The Wiki Piggy Bank -- Wikimedia grows rich as Wikipedia donations are used for political causes"
The Money Vault
So, how much money does Wikimedia have, on hand, as of the current filings in 2023? A lot. A whole heck of a lot. Over a quarter of a Billion dollars.
And that's just at first glance.
The deeper you dig, the more money you find.
