[Foundation-l] Audited financial statements released!
messedrocker at gmail.com
Fri Dec 8 23:32:18 UTC 2006
Next big milestones to achieve:
-- Stable revisions
-- Single user login
-- Complete financial security
-- At least 1,000 featured articles on every Wikipedia
-- The completion of Nupedia's third article.
On 12/8/06, Jeff V. Merkey <jmerkey at wolfmountaingroup.com> wrote:
> 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
> >not-for-profit community.
> >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!
> >Brad Patrick
> >Interim Executive Director & General Counsel
> >Wikimedia Foundation, Inc.
> >foundation-l mailing list
> >foundation-l at wikimedia.org
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