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==Foundation: Where does the money come from, and where does it go?==
==Finance: Where does the money come from, and where does it go?==
::''Where does the Wikimedia Foundation get its money? What does it spend its money on?''
::''Where does the Wikimedia Foundation get its money? What does it spend its money on?''
[[File:Fiscal 2011 planned expenditures.jpg|thumb|A pie chart showing planned spending for the [[:en:fiscal year|fiscal year]] 2011-2012]]
[[File:Fiscal 2011 planned expenditures.jpg|thumb|A pie chart showing planned spending for the [[:en:fiscal year|fiscal year]] 2011-2012]]
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==Foundation: Is the Wikimedia Foundation financially sustainable?==
==Finance: Is the Wikimedia Foundation financially sustainable?==


The community of donors (both individual and organizational) have been incredibly generous in helping to support the Wikimedia Foundation's work over the years. In the 2009-2010 [[:en:fiscal year|fiscal year]], donors contributed nearly $14.5 million in unrestricted donations (see [http://upload.wikimedia.org/wikipedia/foundation/c/cc/FINAL_09_10From_KPMG.pdf pg. 3]). In the 2010-2011 fiscal year, that number rose to over $17.5 million in the first six months alone ([http://upload.wikimedia.org/wikipedia/foundation/d/d5/Jul-Dec%2710_Mid-year_financials.pdf pg. 1]). The Wikimedia Foundation does not, however, immediately ''spend'' all it gets. To be financially sustainable, a nonprofit organization must retain enough [[:en:Working capital|working capital]] to meet its program goals over the long term.
The community of donors (both individual and organizational) have been incredibly generous in helping to support the Wikimedia Foundation's work over the years. In the 2009-2010 [[:en:fiscal year|fiscal year]], donors contributed nearly $14.5 million in unrestricted donations (see [http://upload.wikimedia.org/wikipedia/foundation/c/cc/FINAL_09_10From_KPMG.pdf pg. 3]). In the 2010-2011 fiscal year, that number rose to over $17.5 million in the first six months alone ([http://upload.wikimedia.org/wikipedia/foundation/d/d5/Jul-Dec%2710_Mid-year_financials.pdf pg. 1]). The Wikimedia Foundation does not, however, immediately ''spend'' all it gets. To be financially sustainable, a nonprofit organization must retain enough [[:en:Working capital|working capital]] to meet its program goals over the long term.

Revision as of 12:33, 23 September 2011

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