Statistical analysis of Wikimedia Foundation financial reports

From Wikiversity
Jump to navigation Jump to search

By Lionel Scheepmans

This page is a research providing English charts about Wikimedia foundation finance evolution from 2004 to 2017.

All data used for this analysis came from the Wikimedia foundation Web site page named "Financial reports"[1] pointing to all financial statements by fiscal year.

Details sources for 2004 and 2005[edit]

2004 : Income[2] - Outcome[3]

2005 : Income[4] - Outcome[5]

Financial statement by fiscal year (June 30) from 2004 to 2016[edit]

2004-2005-2006[6]- 2007[7]- 2008[8]- 2009[9]- 2010[10]- 2011[11]- 2012[12]- 2013[13]- 2014[14]- 2015[15]- 2016[16]- 2017[17]

Spreadsheets and graphs[edit]

Wikimedia Foundation's liabilities, assets, support, revenue and expenses evolution in US dollars
Rubric 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Total liabilities and net assets 56,666 283,487 1,066,785 1,696,569 5,664,606 8,602,135 15,425,177 26,165,567 37,206,891 48,146,893 60,560,774 82,753,985 97,642,735 120,524,697
Total support and revenue 80,129 379,088 1,508,039 2,734,909 5,032,981 8,658,006 17,979,312 24,785,092 38,479,665 48,635,408 52,804,246 75,797,223 81,862,724 91,242,418
Total expenses 23,463 177,670 791,907 2,077,843 3,540,724 5,617,236 10,266,793 17,889,794 29,260,652 35,704,796 45,900,745 52,596,782 65,947,465 69,136,758
Wikimedia Foundation's allocation of expenses evolution in US dollars
Rubric 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Programs / Projects 19,892 151,857 569,357 1,599,36 2,239,524 3,614,349 7,850,000 12,121,410 19,838,516 23,739,215 31,472,924 34,604,995 47,863,596 51,386,750
General and administrative 495 13,835 168,638 343,308 1,076,371 846,859 1,064,842 3,626,167 6,271,656 8,158,421 10,410,400 12,469,905 10,464,238 9,651,030
Fundraising 3,076 11,978 53,912 135,170 224,829 1,156,028 1,351,951 2,142,217 3,150,480 3,807,160 4,017,421 5,521,882 7,619,631 8,098,978
Total 23,463 177,670 791,907 2,077,84 3,540,724 5,617,236 10,266,793 17,889,794 29,260,652 35,704,796 45,900,745 52,596,782 65,947,465 69,136,758


Wikimedia Foundation's expenses evolution by rubrics in US dollars
Rubric 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Salaries and wages - 16,930 107,122 415,006 1,147,679 2,257,621 3,508,336 7,312,120 11,749,500 15,983,542 19,979,908 26,049,224 31,713,961 33,731,089
Other operating expenses 495 18,067 47,777 310,334 952,019 1,259,161 3,846,420 5,761,273 9,198,892 10,017,121 3,861,708 4,449,764 4,777,203 6,307,987
Professional service expenses - - - - - - - - - - 7,117,519 7,645,105 6,033,172 6,972,048
In-kind service expenses 8958 22,493 114,589 316,723 333,125 578,279 502,558 349,516 296,599 260,909 370,602 235,570 1,065,523 214,581
Depreciation and amortization 10641 41018 143,394 349,390 233,314 419,947 524,341 1,000,400 1,888,856 2,706,841 2,722,007 2,656,103 2,720,835 2,762,175
Travel and conferences 293 27798 76,545 264,361 307,679 223,193 476,663 1,159,200 1,533,150 1,395,013 1,965,854 2,289,489 2,296,592 1,954,772
Awards and grants - - - - - - 208,662 471,060 2,106,752 2,791,378 5,704,791 4,522,689 11,354,612

11,214,959

Donations processing expenses - - - - - - - - - - 1,505,654 2,484,765 3,604,682 3,809,286
Special event expense, net (Wikimania) - - - - - - 70,407 36,282 - - 143,219 266,552 311,313 -
Internet hosting - 40,273 189,631 389,417 537,204 822,405 1,056,703 1,799,943 2,486,903 2,549,992 2,529,483 1,997,521 2,069,572 2,169,861
PayPal fees 3076 11091 45617 - - - - - - - - - - -
Other - - 67,232 32,612 29,704 56,630 72,703 - - - - - - -

Wikimedia Foundation's expenses evolution by rubrics in US Dollars.svg

Rubric explanation[edit]

Salaries and wages[edit]

This rubric is not explained on financial statements.

Other Operating Expenses[edit]

Other operating expenses primarily include facility expenses, funding of the Wikidata project, staff related expenses, insurance and personal property tax expenses, and other general administrative expenses.

Professional service expenses[edit]

This rubric is not explained on financial statements.

In-kind service expences[edit]

In-kind service revenue and expenses recorded on the statements of activities consist of contributed legal services, engineering services, and internet hosting.

Depreciation and amortization[edit]

This rubric is not explained on financial statements.

Travel and conferences[edit]

This rubric is not explained on financial statements.

Awards and grants[edit]

The Foundation has a program of awarding grants to support chapters, affiliates, user groups, and individuals in projects that further the mission of the Foundation. Chapters are independent organizations that share the goals of the Foundation and support them within a specified geographical region. In addition to this work, which is reflected above in the awards and grants line, an overwhelming majority of the Foundation’s project activities are carried out by an international network of volunteers, whose activity is not reflected in the table above.

For example (unaudited):

Wikipedia and the other projects operated by the Foundation receive more than 15 billion page views per month, making them one of the most popular Web properties worldwide. Available in more than290 languages, Wikipedia contains more than 51 million articles contributed by a global volunteer community. For the year ended June 30, 2017, the educational content of the Foundation’s largest project,Wikipedia, grew by approximately 4.8 million articles to approximately 45.4 million articles.

For the year ended June 30, 2017, volunteers added approximately 7.5 million images, movies, and sound files to the Foundation’s multimedia repository, making the total 40.6 million files.

Volunteers also contribute in several ways to the Foundation’s wiki software: volunteer software developers add new functionality to the code base, and volunteer language specialists add to the code base by translating the wiki interface into different languages. During the year ended June 30, 2017, there were 41,742 commits merged, through the efforts of approximately 403 authors/contributors

During the year ended June 30, 2016, the Foundation entered into an agreement with the Tides Foundation to establish the Wikimedia Endowment as a Collective Action Fund to act as a permanent safekeeping fund to generate income to ensure abase level of support for the Wikimedia projects in perpetuity. The Endowment is independent from the Foundation. The Foundation provided irrevocable grants in the irrevocable grants in the amounts of $5 million on June 29, 2016 and $5 million on June 27, 2017 to the Tides Foundation for the purpose of the Wikimedia Endowment.

Donation processing expenses[edit]

This rubric is not explained on financial statements.

Special Event Expense[edit]

Special event expense, net includes costs for the annual Wikimania Conference, such as venue rental and catering services, net of sponsorship income and registration fees

Notes and sources[edit]

  1. "Financial reports - Wikimedia Foundation". wikimediafoundation.org. Retrieved 2018-06-19.
  2. "Fund drives/2004/Q4 - Wikimedia Foundation". wikimediafoundation.org. Retrieved 2017-11-28.
  3. "Wikimedia budget/Q4 - Meta". meta.wikimedia.org. Retrieved 2017-11-28.
  4. "Fund drives/2005 - Wikimedia Foundation". wikimediafoundation.org. Retrieved 2017-11-28.
  5. "Wikimedia budget/2005/Q4 - Meta". meta.wikimedia.org. Retrieved 2017-11-28.
  6. https://upload.wikimedia.org/wikipedia/foundation/2/28/Wikimedia_2006_fs.pdf
  7. https://upload.wikimedia.org/wikipedia/foundation/4/49/Wikimedia_2007_fs.pdf
  8. https://upload.wikimedia.org/wikipedia/foundation/4/4c/Wikimedia_20072008_fs.pdf
  9. https://upload.wikimedia.org/wikipedia/foundation/4/4f/FINAL_08_09From_KPMG.pdf
  10. https://upload.wikimedia.org/wikipedia/foundation/c/cc/FINAL_09_10From_KPMG.pdf
  11. https://upload.wikimedia.org/wikipedia/foundation/a/ac/FINAL_10_11From_KPMG.pdf
  12. https://upload.wikimedia.org/wikipedia/foundation/0/09/FINAL_11_12From_KPMG.pdf
  13. https://upload.wikimedia.org/wikipedia/foundation/6/6e/FINAL_12_13From_KPMG.pdf
  14. https://upload.wikimedia.org/wikipedia/foundation/b/bf/Audit_Report_-_FY_13-14_-_Final_v2.pdf
  15. https://upload.wikimedia.org/wikipedia/foundation/0/0b/Audit_Report_-_FY_14-15_-_Final.PDF
  16. https://upload.wikimedia.org/wikipedia/foundation/4/43/Wikimedia_Foundation_Audit_Report_-_FY15-16.pdf
  17. https://upload.wikimedia.org/wikipedia/foundation/d/da/Wikimedia_Foundation_Audit_Report_-_FY16-17.pdf