Wikipedia’s Finances

Here’s another suggested post from Rich. (Thanks, Rich!)

I should probably have run this by some of my friends who work on Wikipedia for their thoughts before posting it, but, well, my time is horribly limited these days and I wanted to get this post published. I don’t anticipate being online much this weekend.

Brock Read at The Chronicle of Higher Education has a bit about Wikimedia Foundation finances and how the organization is rumored to only have enough cash on hand to cover their expenses for a few months.

I vaguely recall someone commenting about their latest fundraising efforts and wondering what the foundation would do with one million dollars. Volunteer organizations have costs, too. The foundation does have a few paid employees.

You post content; they get revenue:
  • connotea
  • del.icio.us
  • Furl
  • NewsVine
  • Reddit
  • Technorati

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