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Comment by Atreiden

5 hours ago

Do you have a source for that?

Being a 503c, they're required to disclose their expenditures, among other things. CN gives them a perfect score, and the expense ratio section puts their program spend at 77.4% of the budget https://www.charitynavigator.org/ein/200049703#overall-ratin...

Worth mentioning that Wikipedia gets an order of magnitude more traffic than the Internet archive.

In their latest available annual report, the Wikimedia Foundation reported that in 2024 they brought in $185M in revenue/donations, of which they spent $178M. Of that $178M, $106M was spent on salaries and benefits, and $26M on awards and grants. So, that accounts for 75% of their spending. "Internet hosting" is listed at only $3M though there are other line items such as "Professional service expenses" at $13M that probably relate to running Wikipedia too.

Scroll down to the "Statement of activities (audited)" section:

https://wikimediafoundation.org/annualreports/2023-2024-annu...