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Love that everyone on this thread is a financial analyst and a 501c consultant.
For-profit companies have the margins they do because they’ve successfully detached humanity from their spending obligations. Wikipedia does not need to do quarterly global lay-offs or labor off-shoring when their technology doesn’t meet release deadlines. They are a nonprofit. They exist to bring factual, accessible information to the world. If you support for this cause, donate. If you don’t, don’t donate or don’t use. If you care for the cause but want the CEO to take a paycut, well, find them one who will stick around for more than a few years on less than the average mega CEO salary. Because most of them have not.
So people shouldn't have an opinion unless they're professionally qualified? I'm not sure that's how the internet works.
And also, people absolutely should check how their money will be spent when they consider donating. It's their money, remember.
I get that, and it's often true I think. But when the thing that they do that you use and like is such a tiny part of their spending, is it still true?
I care about Wikipedia's website. I would donate to that. I don't care about the other 90% of the things they would spent my donation on. Should I still donate?
If you’re asking that question because you’re genuinely conflicted about donating and you’re not just here spreading divisive nonsense on behalf of Elon Musk, you could do a deeper delve into the entire foundation or look up the Wikipedia page on Income Statements.
You seem to be hung up on the operating expenses. That’s just a finance term for certain operational costs like the electricity bill and insurance. It does not mean the total of what it costs to run the organization and that everything else is in excess. Similarly, salary expenses includes everyone from the HR department to the custodians, not just the rich CEOs.
As I explained, I was going to donate. I did my due diligence about where my money would go and made my decision. I provided the link to Wikipedia's own declared for the benefit of others and shared some of my reasonings elsewhere in this post.
But in your world, anyone who questions anything is a shill for Musk? Or just those who hold a differing opinion to yours?
No shit, Sherlock. But where did I mention CEOs? Where did I mention Musk, come to that?
Anyway, I'm done arguing with you. Goodbye.