Resolution: Resolution:Approving the Wikimedia Foundation 2023-2024 Annual Plan
 | This proposal has been approved by the Wikimedia Foundation Board of Trustees. It may not be circumvented, eroded, or ignored by Wikimedia Foundation officers or staff nor local policies of any Wikimedia project. Please note that in the event of any differences in meaning or interpretation between the original English version of this content and a translation, the original English version takes precedence. |
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| This resolution was approved on June 21, 2023. |
RESOLVED, that the Board of Trustees hereby approves management's proposed annual plan for the 2023-24 fiscal year, consisting of US$177 million of revenues and US$177.8 million of expenses, including activities related to the Wikimedia Enterprise business, the Wikimedia Foundation's activities in support of the Wikimedia Endowment, and additionally US$0.8 million of non-recurring expenses to be funded through the reserve;
RESOLVED, that the Board approves the 2023-2024 fiscal year budget; and
RESOLVED, that during the fiscal year, if management anticipates the change in reserves will differ materially from the plan, the Board directs management to consult the Chair of the Audit Committee promptly.
Quarterly Breakdown of the Annual Plan (in US$ million)
| Budget by quarter | Q1 | Q2 | Q3 | Q4 | FY22-23 |
|---|---|---|---|---|---|
| Total Revenue (including interest income) | 39.5 | 97.5 | 25.1 | 14.9 | 177.0 |
| Programmatic | 28.4 | 45.7 | 33.6 | 30.1 | 137.8 |
| Fundraising | 4.3 | 6.3 | 3.9 | 3.4 | 17.9 |
| General & Admin. | 5.5 | 5.2 | 5.4 | 5.2 | 21.3 |
| Total Operating Expenses | 38.2 | 57.2 | 42.9 | 38.7 | 177.0 |
| Change in net assets before non-recurring expenses | 1.3 | 40.3 | (17.8) | (23.8) | 0.0 |
| Non-recurring expenses | 0.0 | 0.0 | 0.5 | 0.3 | 0.8 |
| Change in net assets after non-recurring expenses | 1.3 | 40.3 | (18.3) | (24.1) | (0.8) |
- Approve
- Nataliia Tymkiv (Chair), Esra'a Al Shafei (Vice Chair), Shani Evenstein Sigalov (Vice Chair), Luis Bitenourt-Emilio, Tanya Capuano, Victoria Doronina, Dariusz Jemielniak, Lorenzo Losa, Raju Narisetti, Mike Peel, Rosie Stephenson-Goodknight, Jimmy Wales