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Millions of small donations from Wikipedia readers
- The Foundation finances itself mainly through millions of small donations from Wikipedia readers, collected through email campaigns and annual fundraising banners placed on Wikipedia and its sister projects.
en.wikipedia.org/wiki/Wikimedia_Foundation
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Wikipedia makes money via donations, investments, merchandise sales, and by licensing its content to other companies. In 2022, Wikipedia generated close to $155 million in revenue, most of which came in the form of donations.
Mar 3, 2024 · The Wikimedia Foundation, responsible for overseeing Wikipedia, actively seeks grants and donations from entities that share its vision for free knowledge. This support is crucial for larger, resource-intensive initiatives that individual donations alone might not cover.
"Expenses", however, include six annual payments of $5 million the Wikimedia Foundation made to the Wikimedia Endowment, from the fiscal year ended June 30, 2016, to the fiscal year ended June 30, 2021.
YearRevenueExpensesAsset Rise2022/2023$180,174,103$169,095,381$15,619,8042021/2022$154,686,521$145,970,915$8,173,9962020/2021$162,886,686$111,839,819$50,861,8112019/2020$129,234,327$112,489,397$14,674,300Jul 21, 2023 · In the 2021-2022 fiscal year, donors gave $13.5 million to the Wikimedia Endowment in a range of ways — including direct donations, realized bequests from individuals who left gifts to Wikimedia in their wills, and Qualified Charitable Distributions, which are also known as IRA Charitable Rollovers.
At the Wikimedia Foundation, transparency is decidedly one of our guiding principles. Our annual plan and operating budget are developed through open processes, subject to community feedback and Board approval, and always available for review by the public.
Transparency is a core principle of the Wikimedia Foundation, and we apply this to our financial reporting. We are proud to be recognized as one of the most transparent nonprofit organizations in the world.
The Wikimedia Foundation 2020-2021 Annual Report. Having celebrated its 20th birthday in 2021, Wikipedia in many ways has matured. Envisioned as a collaborative encyclopedia for everyone in the world, the site is now accessed 8,000+ times per second, making it one of the planet’s most indispensable information sources.
