[Foundation-l] Fwd: [Internal-l] Wikimedia Foundation's Audited Financial Statements on the Foundation Wiki

Thomas Dalton thomas.dalton at gmail.com
Sat Nov 22 13:18:36 UTC 2008


Thank you very much. It looks like the foundation's finances are in
excellent order. A few things that jump out at me - despite the size
of the foundation in pretty much every respect increasing dramatically
over the last year, the money spent on travel (which is something I
remember some people thought was too high last year) has only
increased 16% (and that's including inflation, so in real terms it's
even less). Also, despite the hiring of new executives, hiring
fundraisers, moving to new offices, an increase in support required
for the increased staff and who knows what else, the percentage of
spending on projects is still 63%, down from 77% last year, a pretty
small drop considering (and obviously that's not including the
$billions worth of work done by volunteers on the projects). All in
all, it appears the foundation is doing an excellent job and making
very good use of the contributions it receives. Thank you, and well
done!



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