Wikipedia 15/Site/Financials
Financial Position
editTransparency is a core principle of the Wikimedia Foundation, and we are proud to be recognized as one of the most transparent non-profit organizations in the world. Our annual plan and operating budget are developed through open processes, subject to community feedback and Board approval, and always available to the public for full review.
As with last year, we have broken down our efforts into three key areas: how donor contributions support the Wikimedia websites, the Wikimedia community, and the free knowledge ecosystem. These are supported by our administrative, governance, and fundraising efforts.
Direct support to websites
editKeeping the Wikimedia websites online is about more than just servers and electricity. It also includes ongoing engineering improvements, product development, design and research, and legal support.
Direct support to communities
editThe Wikimedia projects exist thanks to the communities that create and maintain them. We strengthen these communities through grants, projects, and tools to build capacity of contributors, and support the legal defense of editors.
Fundraising
editDonors support the Wikimedia mission. The fundraising team engages these remarkable individuals to ensure the Wikimedia Foundation and communities have the resources they need.
Administration & governance
editOur core values include transparency and accountability. We manage funds and resources responsibly, and recruit and support skilled, passionate people to advance our mission.
Support of free knowledge
editWikimedia is a part of a larger free knowledge movement. An estimated 3.7% of our operating expenditure supports policy, advocacy, education, and partnerships to strengthen and share our mission.
Assets
editCurrent assets
edit| Cash and cash equivalents | 35,195,478 |
| Current portion of contributions receivable | 1,222,140 |
| Short-term investments | 29,008,310 |
| Prepaid expenses and other current assets | 1,997,599 |
| Total current assets | 67,423,527 |
| Property, plant, and equipment, net | 5,089,075 |
| Long-term investments | 9,259,798 |
| Noncurrent portion of contributions receivable | 981,585 |
| Total assets | 82,753,985 |
Liabilities and Net Assets
editCurrent Liabilities
edit| Accounts payable | 1,041,901 |
| Accrued expenses | 3,649,116 |
| Deferred revenue | 7,276 |
| Other liabilities | 235,394 |
| Total current liabilities | 4,933,687 |
| Total liabilities | 4,933,687 |
Net Assets
edit| Unrestricted | 71,764,845 |
| Temporarily restricted | 6,055,453 |
| Investments | 23,261 |
| Total net assets | 77,820,298 |
| Total liabilities and net assets | 82,753,985 |
Unrestricted Net Assets
editSupport and Revenue
edit| Donations and contributions | 72,236,884 |
| In-kind service revenue | 235,570 |
| Other income, net | 270,296 |
| Investment income, net | 445,341 |
| Release of restrictions on temporarily restricted net assets | 2,609,132 |
| Total support and revenue | 75,797,223 |
Expenses
edit| Salaries and wages | 26,049,224 |
| Awards and grants | 4,522,689 |
| Internet hosting | 1,997,521 |
| In-kind service expenses | 235,570 |
| Donations processing expenses | 2,484,765 |
| Professional service expenses | 7,645,105 |
| Other operating expenses | 4,449,764 |
| Travel and conferences | 2,289,489 |
| Depreciation and amortization | 2,656,103 |
| Special event expense, net | 266,552 |
| Total expenses | 52,596,782 |
| Increase in unrestricted net assets | 23,200,441 |
Temporarily Restricted Net Assets
edit| Contributions | 5,014,816 |
| Release of restrictions on temporarily restricted net assets | (2,609,132) |
| Increase in temporarily restricted net assets | 2,405,684 |
| Increase in net assets from operations | 25,606,125 |
| Foreign currency translation adjustment | (1,260,848) |
| Increase in net assets | 24,345,277 |
| Net assets, beginning of year | 53,475,021 |
| Net assets, end of year | 77,820,298 |