Dear all,
I’m writing to let you know that the Wikimedia Foundation’s audit report https://wikimediafoundation.org/about/financial-reports/ (audited financial statements) are now available for the fiscal year ending 30 June 2024. The audit report for the Wikimedia Endowment https://wikimediaendowment.org/#reports’s inaugural audit is also available for the same timeframe–as the Wikimedia Endowment became a standalone 501(c)(3) in fiscal year 2023-2024, it will now have its own audit report going forward. The Wikimedia Enterprise financial report https://diff.wikimedia.org/2024/11/07/wikimedia-enterprise-financial-report-fiscal-year-2023-2024/ for the same period is also available today.
The audit report is one of many financial reports we release every year. It contains statements about an organization’s financial position and activities; those statements are audited by a third party (in our case, KPMG) for accuracy.
KPMG issued their opinions that both the Wikimedia Foundation’s and the Wikimedia Endowment’s financial statements for FY 2023-2024 are presented accurately. This marks the 19th consecutive year of clean audits for the Wikimedia Foundation since the Foundation’s first audit in 2006 and the first year of clean audits for the new Wikimedia Endowment entity.
We have also shared key highlights from the reports on Diff https://diff.wikimedia.org/2024/11/07/highlights-from-the-fiscal-year-2023-2024-wikimedia-foundation-and-wikimedia-endowment-audit-reports/ along with frequently asked questions (FAQs) on Meta-Wiki for the Foundation https://meta.wikimedia.org/wiki/Wikimedia_Foundation_reports/Financial/Audits/2023-2024_-_frequently_asked_questions and for the Endowment https://meta.wikimedia.org/wiki/Wikimedia_Endowment_reports/Financial/Audits/2023-2024_-_frequently_asked_questions to help give a sense of what the numbers mean.
For those who are interested in diving deeper into the financials for Wikimedia Enterprise, we have also published the third annual financial report for Enterprise on Diff https://diff.wikimedia.org/2024/11/07/wikimedia-enterprise-financial-report-fiscal-year-2023-2024/. The principal information is already included in the Foundation’s audit report, but this extra documentation is consistent with our commitment to ensure that this commercial revenue is also detailed separately – for maximum transparency.
If you have any questions, please contact me via email, or ask a question directly on the talk pages for the Foundation https://meta.wikimedia.org/w/index.php?title=Talk:Wikimedia_Foundation_reports/Financial/Audits/2023-2024_-_frequently_asked_questions&action=edit&redlink=1 and the Endowment https://meta.wikimedia.org/w/index.php?title=Talk:Wikimedia_Endowment_reports/Financial/Audits/2023-2024_-_frequently_asked_questions&action=edit&redlink=1 .
Best regards,
Jaime
Jaime Villagomez
Chief Financial Officer
Wikimedia Foundation https://wikimediafoundation.org/
*Imagine a world in which every single human being can freely share in the sum of all knowledge. That's our commitment. Donate. https://donate.wikimedia.org/*
Perfect intro to a (hopefully) (general) discussion on the situation of risks with the Making of USA (great) (new) (administration) (again) a #majorMajorMAJOR risk to centralized resources. Few of us have been talking and discussing (in podcasts, zooms and in person) that this is upcoming risk and ...now it is a new reality.
Z. Blace
On Thu, Nov 7, 2024 at 10:33 PM Jaime Villagomez jvillagomez@wikimedia.org wrote:
Dear all,
I’m writing to let you know that the Wikimedia Foundation’s audit report https://wikimediafoundation.org/about/financial-reports/ (audited financial statements) are now available for the fiscal year ending 30 June 2024. The audit report for the Wikimedia Endowment https://wikimediaendowment.org/#reports’s inaugural audit is also available for the same timeframe–as the Wikimedia Endowment became a standalone 501(c)(3) in fiscal year 2023-2024, it will now have its own audit report going forward. The Wikimedia Enterprise financial report https://diff.wikimedia.org/2024/11/07/wikimedia-enterprise-financial-report-fiscal-year-2023-2024/ for the same period is also available today.
The audit report is one of many financial reports we release every year. It contains statements about an organization’s financial position and activities; those statements are audited by a third party (in our case, KPMG) for accuracy.
KPMG issued their opinions that both the Wikimedia Foundation’s and the Wikimedia Endowment’s financial statements for FY 2023-2024 are presented accurately. This marks the 19th consecutive year of clean audits for the Wikimedia Foundation since the Foundation’s first audit in 2006 and the first year of clean audits for the new Wikimedia Endowment entity.
We have also shared key highlights from the reports on Diff https://diff.wikimedia.org/2024/11/07/highlights-from-the-fiscal-year-2023-2024-wikimedia-foundation-and-wikimedia-endowment-audit-reports/ along with frequently asked questions (FAQs) on Meta-Wiki for the Foundation https://meta.wikimedia.org/wiki/Wikimedia_Foundation_reports/Financial/Audits/2023-2024_-_frequently_asked_questions and for the Endowment https://meta.wikimedia.org/wiki/Wikimedia_Endowment_reports/Financial/Audits/2023-2024_-_frequently_asked_questions to help give a sense of what the numbers mean.
For those who are interested in diving deeper into the financials for Wikimedia Enterprise, we have also published the third annual financial report for Enterprise on Diff https://diff.wikimedia.org/2024/11/07/wikimedia-enterprise-financial-report-fiscal-year-2023-2024/. The principal information is already included in the Foundation’s audit report, but this extra documentation is consistent with our commitment to ensure that this commercial revenue is also detailed separately – for maximum transparency.
If you have any questions, please contact me via email, or ask a question directly on the talk pages for the Foundation https://meta.wikimedia.org/w/index.php?title=Talk:Wikimedia_Foundation_reports/Financial/Audits/2023-2024_-_frequently_asked_questions&action=edit&redlink=1 and the Endowment https://meta.wikimedia.org/w/index.php?title=Talk:Wikimedia_Endowment_reports/Financial/Audits/2023-2024_-_frequently_asked_questions&action=edit&redlink=1 .
Best regards,
Jaime
Jaime Villagomez
Chief Financial Officer
Wikimedia Foundation https://wikimediafoundation.org/
*Imagine a world in which every single human being can freely share in the sum of all knowledge. That's our commitment. Donate. https://donate.wikimedia.org/* _______________________________________________ Wikimedia-l mailing list -- wikimedia-l@lists.wikimedia.org, guidelines at: https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and https://meta.wikimedia.org/wiki/Wikimedia-l Public archives at https://lists.wikimedia.org/hyperkitty/list/wikimedia-l@lists.wikimedia.org/... To unsubscribe send an email to wikimedia-l-leave@lists.wikimedia.org
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