On 12/31/05, Steve Bennett <stevage(a)gmail.com> wrote:
If $750000 was
spent in 2005, it's hardly a shoestring. A
IMHO it's a shoestring whenever income ~= expenses. If the income for a
year only *just* covers server expenditure with no room for backups,
future proofing, redundancy, taking risks etc, then it's a shoestring -
the magnitude is irrelevant.
I happen to have the 2004 (fiscal year) Form 990-EZ for the Wikimedia
Foundation in front of me right now (if you'd like to follow along, I
uploaded it to
http://upload.wikimedia.org/wikipedia/commons/c/c6/Wikimedia_990_2004.pdf).
Revenue = $71,171. Expenses = $14,504. I'm sure 2005 was basically
the same (only with bigger numbers). Cash flow is roughly zero, but
this is fairly meaningless. For example, Microsoft had a negative
cash flow in 2005, the same year their income - expenses was over $3
billion.
Anthony