[Foundation-l] Audited financial statements released!
bradp.wmf at gmail.com
Fri Dec 8 23:18:47 UTC 2006
Dear Wikimedia Foundation community:
It is my pleasure to announce the public release of audited financial
statements of the Wikimedia Foundation, Inc. for fiscal years 2004, 2005
and 2006 inclusive. This represents a significant step forward in the
life of the Foundation. Our audit firm, Gregory Sharer & Stuart
(www.gsscpa.com), worked with us for the past several months to help us
comply with all of the requirements such an audit demands. We assumed
this responsibility ourselves, to demonstrate to the community and the
world that the Foundation has complied with its obligations under law
and generally accepted accounting principles.
I want to specially thank the members of the audit team, Michael Davis
and Danny Wool, and our auditors Rick Caton, Mili Protic, and Melanie
Cloran for their hard work, patience, and good natured approach to this
unusual organization. We appreciate their efforts.
Links to the financial statements and management letter:
Wikimedia Foundation continues to grow at an astonishing rate. In the
coming days, you will see more information about the fundraiser we are
planning, which will include the opportunity to have donations made to
the Foundation matched by generous individuals and companies who support
our efforts. With our audit complete, Wikimedia Foundation is now
listed as a charitable organization at Guidestar (www.guidestar.org) and
its partner sites, which will extend our visibility in the
You will also see "what it takes to run Wikipedia for a year" - a
glimpse of the financial challenges we face trying to maintain our role
as a top website on the planet, with a skeleton staff and
ever-increasing demand for the educational content created by you, our
community of editors and contributors. Anonymous visitors will also be
reminded that Wikimedia Foundation is a *charitable organization*,
something which distinguishes us from the YouTubes and MySpaces spoken
in the same breath as Wikipedia as the "Web 2.0" vanguard. We aren't
for sale. There won't be a Wikipedia IPO. We can't be bought by a
company, any more so than the Red Cross or Amnesty International.
What sets us apart is our mission, vision and community. What keeps us
going, though, requires an growing infrastructure, staff, and money.
On behalf of the Foundation, thank you!
Interim Executive Director & General Counsel
Wikimedia Foundation, Inc.
More information about the foundation-l