Its not about them hoarding money, its about the seemingly unstoppable growth in expenses. Why are they not trying to stabilize their expenses as a donation dependent foundation? The server costs arent growing and will realistically still be at most a couple million dollars annualy, so why are they spending exponentiall increasing amounts of money on other stuff. Shouldnt they try to build up 10+ years of reserves to ensure wikipedia survives when the money dries up? Because if people stopped donating right now, they would run out of money next year.
“Modest increase” lmao. Literally like ~10% year over year for 20 years.
The graph is very much exponential. If it had grown linear since 2006, they would have annual expenses of less than 5 million dollars. Recently it has started increasing slightly less fast, but its still increasing at an insane rate.
The yearly expenses for 2025 were ~190 million dollars. The assets were 300 million. So they have assets to cover expenses for 1.5 years IF their expenses stopped growing.
Large amounts of money breeds greed. The whole unionbusting thing is obviously a result of the upper management getting a little too comfortable with their reliable income stream.
Its not about them hoarding money, its about the seemingly unstoppable growth in expenses. Why are they not trying to stabilize their expenses as a donation dependent foundation? The server costs arent growing and will realistically still be at most a couple million dollars annualy, so why are they spending exponentiall increasing amounts of money on other stuff. Shouldnt they try to build up 10+ years of reserves to ensure wikipedia survives when the money dries up? Because if people stopped donating right now, they would run out of money next year.
deleted by creator
“Modest increase” lmao. Literally like ~10% year over year for 20 years.
The graph is very much exponential. If it had grown linear since 2006, they would have annual expenses of less than 5 million dollars. Recently it has started increasing slightly less fast, but its still increasing at an insane rate.
The yearly expenses for 2025 were ~190 million dollars. The assets were 300 million. So they have assets to cover expenses for 1.5 years IF their expenses stopped growing.
Large amounts of money breeds greed. The whole unionbusting thing is obviously a result of the upper management getting a little too comfortable with their reliable income stream.
deleted by creator