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Is Wikipedia not for profit?

Posted on December 20, 2022 by Author

Table of Contents

  • 1 Is Wikipedia not for profit?
  • 2 Where does Wikipedia get its funding?
  • 3 How much do Wikipedia employees make?
  • 4 How much does Wikipedia make in donations?
  • 5 How Wikipedia Works without earning money from users?
  • 6 How much does it cost to run Wikipedia?
  • 7 How is the value of Wikipedia measured?
  • 8 How much is Twitter worth?

Is Wikipedia not for profit?

“Wikipedia is absolutely unique in that it’s a nonprofit operating in the space of multibillion-dollar brands,” Lih said. Page views are down across most editions of the site, and more people than ever read Wikipedia on their phones, where they’re far less likely to donate.

Where does Wikipedia get its funding?

The Wikimedia Foundation is funded primarily through donations from millions of individuals around the world. The average donation is about $15 USD, and we are grateful that so many people find value in Wikipedia and want to sustain its future.

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How much does the Wikipedia CEO make?

In 2019 the salary for Wikimedia Foundation’s CEO was $387,770.

How much do Wikipedia employees make?

Wikimedia Foundation Salaries

Job Title Salary
Operations Engineer salaries – 4 salaries reported $115,312/yr
Program Officer salaries – 3 salaries reported $99,607/yr
Data Analyst salaries – 3 salaries reported $130,655/yr
Software Developer salaries – 3 salaries reported $104,784/yr

How much does Wikipedia make in donations?

Wikipedia:Fundraising statistics

Year Source Total assets
2019/2020 PDF $ 180,315,725
2018/2019 PDF $ 165,641,425
2017/2018 PDF $ 134,949,570
2016/2017 PDF $ 113,330,197

Are Wikipedia owners rich?

This internet entrepreneur’s net worth and lifestyle choices may surprise you. Jimmy Wales, who is sometimes known as Jimbo, is surprisingly only worth $1 million (£751,800).

How Wikipedia Works without earning money from users?

Since Wikipedia does not carry any advertisements, it depends almost entirely on donations made by its millions of readers around the globe. A tiny slice of the website’s total revenue is generated from merchandise, including t-shirts, pencils, notebooks, and pins embossed with Wikipedia’s branding.

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How much does it cost to run Wikipedia?

However, the article touches on both the theoretical net worth of Wikipedia being tens of billions, as well as the relatively low cost to operate the website annually ($25M USD). So the sentence can be interpreted to mean either a.) Consider that Wikipedia is potentially a multi-billion dollar company, so,…

How much have you donated to Wikipedia since 2001?

On the basis that Wikipedia has been going since 2001, that’s approximately 13 years and I’ve so far donated about £40, divide 40 by 13 then multiply by 5, add a factor of 10. Take away the first number you thought of and the answer is: what a bloody bargain for something that I’ve referred to on a daily basis for the last 13 years!

How is the value of Wikipedia measured?

Because Wikipedia is created by volunteers, is administered by a non-profit foundation, and is distributed for free, the normal means of measuring value—such as revenue, market capitalization, and book value—do not directly apply.

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How much is Twitter worth?

And for comparison, Twitter’s recent IPO announcement has their company valued at about $12.8 billion.

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