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There's an option to donate on their website here: https://donate.wikipedia.org/ I'm starting monthly at $5 and possibly bumping up to $10 later on.
Last time I heard about wikipedia's donation campaign (maybe ~~2~~ 4 years ago or so), it was notorious for advertising in such a way as to imply your funds would be used to keep wikipedia alive, whereas the reality was that only a small part of Wikimedia Foundation's income was needed for Wikipedia, and the rest was spent on rather questionable things like funding very weird research with little oversight. Did this change? If it didn't, I wouldn't particularly advise anyone to donate to them.
I actually took a look at Wikipedia's accounts last week as I remembered that campaign when I saw the latest campaign and did some due diligence before donating. I didn't donate, but I'm still glad Wikipedia exists.
What I remembered: That hosting costs were tiny and Wikimedia foundation had enough already saved up to operate for over a hundred years without raising any more.
What I saw: That if that was true, it isn't any longer. It's managed growth.
I don't think they are at any risk of financial collapse, but they are cutting their cloth to suit their income. That's normal in business, including charities. If you stop raising money, you stagnate. You find things to spend that money on that are within the charity's existing aims.
Some highlights from 2024: $106million in wages. 26m in awards and grants. 6m in "travel and conferences". Those last two look like optional spends to me, but may be rewards to the volunteer editors. The first seems high, but this is only a light skim
Net assets at EOY = $271 million. Hosting costs per year are $3million. It's doing okay.
If you're curious; https://wikimediafoundation.org/about/financial-reports/
Yep. Just like for-profit companies, having a diverse range of revenue streams is necessary for securing the financial health of the organization. While Wikipedia receives significant donations from companies like Google and Microsoft, it is essential to also solicit contributions from individuals to ensure that their income is not overly reliant on a single source. Just like in for-profits, Wikimedia likely determines the percentages of income from various sources needed to maintain this diversity. This concept seems particularly important for Wikipedia given its mission to provide unbiased information.
On another note, I’ve seen your same “100 years” notion mentioned a few times on this post. I can’t imagine that everyone who’s saying it independently had the idea to analyze their financial statements and calculate projections over 100 years. Is this an article you’re quoting? Just curious.