As of June 30th, 2025 (this years report is pending), Wikimedia has $213 million invested in corporate bonds, stocks, mutual funds, mortgage-based and US Treasury securities. This is about a $30 million uptick from 2024:
Meanwhile, their actual hosting expenses sit at $3,5 million. Should they cut benefits and grants, they can last indefinitely on their assets appreciation alone.
Wow. So Wikimedia is really just a small hedge fund that happens to run the servers for an encyclopedia on the side. I had a hunch they spent a lot more on other non-wikipedia stuff, but for hosting to cost almost 2% of what they invest is eye opening. And makes it all the more petty that they can’t pay their labor. Especially since so much labor is in fact volunteer work.
As of June 30th, 2025 (this years report is pending), Wikimedia has $213 million invested in corporate bonds, stocks, mutual funds, mortgage-based and US Treasury securities. This is about a $30 million uptick from 2024:
https://upload.wikimedia.org/wikipedia/foundation/3/3f/Wikimedia_Foundation_FY_24-25_Audit_Report.pdf
Meanwhile, their actual hosting expenses sit at $3,5 million. Should they cut benefits and grants, they can last indefinitely on their assets appreciation alone.
Wow. So Wikimedia is really just a small hedge fund that happens to run the servers for an encyclopedia on the side. I had a hunch they spent a lot more on other non-wikipedia stuff, but for hosting to cost almost 2% of what they invest is eye opening. And makes it all the more petty that they can’t pay their labor. Especially since so much labor is in fact volunteer work.