I was happy to see increasing net assets and increasing revenue. The fundraising messages that WMF sends should to reflect the facts about where the money will go and about the current financial status of WMF.
I've been told by someone whose history with the Wikimedia community is longer than mine that many years ago, the chapters used to be in stronger financial positions than WMF was. Eventually this flipped. As recently as a few years ago were consistent questions about the effectiveness and integrity of the chapters. In more recent history, the chapters seem to be doing well in terms of effectiveness and integrity, and now the bulk of the revenue is going to WMF where there are more questions about effectiveness and integrity. I'm particularly troubled by the lack of responses from WMF to a number of questions that I repeatedly asked about the 2015-2016 Annual Plan, and I'd really like to see some work done on increasing financial transparency in WMF as well as enhancing the integrity of the online fundraising messages.
Pine
On Thu, Nov 5, 2015 at 2:59 PM, Andreas Kolbe jayen466@gmail.com wrote:
On October 30, the Wikimedia Foundation posted its audited financial statements for the year ended June 30, 2015.
https://upload.wikimedia.org/wikipedia/foundation/0/0b/Audit_Report_-_FY_14-...
The figures contained in these statements have a bearing on the present discussion. Some highlights:
Net assets at end of year: $77.8 million (up $24.3 million from $53.5 million)
Current assets include: $35.2 million in cash and cash equivalents $29.0 million in short-term investments.
Total support and revenue: $75.8 million (up $23.3 million from $52.5 million)
Total expenses: $52.6 million (up $6.7 million from $45.9 million)
Internet hosting costs: just under $2 million (down $0.5 million from $2.5 million) _______________________________________________ Wikimedia-l mailing list, guidelines at: https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, mailto:wikimedia-l-request@lists.wikimedia.org?subject=unsubscribe