[Foundation-l] Audited financial statements released!
Jeff V. Merkey
jmerkey at wolfmountaingroup.com
Fri Dec 8 23:12:10 UTC 2006
Brad Patrick wrote:
Big milestone achieved. Congrats Brad.
>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.
>foundation-l mailing list
>foundation-l at wikimedia.org
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