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MyWikiBiz, Author Your Legacy — Monday July 08, 2024
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→‎Budget: pay raise
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==Wikimedia Foundation finances are suspect.==
 
==Wikimedia Foundation finances are suspect.==
 
===Budget===
 
===Budget===
In 2010, the Wikimedia Foundation called for a budget of $10.4 million.  However, industry analysts contend that Wikipedia and all its sister projects could probably [http://answers.yahoo.com/question/index?qid=20091221141604AAEUCsW operate on a budget] of $1.6 million (including salaries for several IT developers), because over 99% of the actual work being done is accomplished by unpaid volunteers.  A [http://upload.wikimedia.org/wikipedia/foundation/4/4f/FINAL_08_09From_KPMG.pdf KPMG audit] reported that in 2009, the Wikimedia Foundation spent only $822,405 on Internet hosting fees, plus $1,259,161 in "operating" costs (which includes many of the unnecessary staff who had been hired in just the previous two years).  Even this KPMG expense summary would dictate that $2.1 million would be sufficient for the Wikimedia Foundation, so why the call for a budget nearly '''five times''' what's needed?  And look out, Wikimedia director Sue Gardner is [http://bits.blogs.nytimes.com/2010/07/09/wikipedia-foundation-plans-expansion/ calling for] a twice-larger budget of $20 million for 2011!
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In 2010, the Wikimedia Foundation called for a budget of $10.4 million.  However, industry analysts contend that Wikipedia and all its sister projects could probably [http://answers.yahoo.com/question/index?qid=20091221141604AAEUCsW operate on a budget] of $1.6 million (including salaries for several IT developers), because over 99% of the actual work being done is accomplished by unpaid volunteers.  A [http://upload.wikimedia.org/wikipedia/foundation/4/4f/FINAL_08_09From_KPMG.pdf KPMG audit] reported that in 2009, the Wikimedia Foundation spent only $822,405 on Internet hosting fees, plus $1,259,161 in "operating" costs (which includes many of the unnecessary staff who had been hired in just the previous two years).  Even this KPMG expense summary would dictate that $2.1 million would be sufficient for the Wikimedia Foundation, so why the call for a budget nearly '''five times''' what's needed?  And look out, Wikimedia director Sue Gardner is [http://bits.blogs.nytimes.com/2010/07/09/wikipedia-foundation-plans-expansion/ calling for] a twice-larger budget of $20 million for 2011! This will include a 12%+ pay raise for herself, even amidst a severe economic downturn.
    
===Governance===
 
===Governance===

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