this post was submitted on 31 May 2021
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IDK, there is only a 13.8% 'profit' margin. Expenses are growing as well. But I do think the campaign rhetoric can be a bit hard, but I trust the decisions made by the board. It would be interesting to hear the reasoning from the general secretary or whatever Wikipedia has.
Well the question really is what kind of expenses there are? 400k/yr salaries for executives for example are a bit excessive for a non-profit I think.
Not really. Non-profits also needs people of the right skills to make such a big organization as Wikipedia is run well. There are very few in the world who have that skillset, and that skillset therefore has a big pricetag if you want someone who can make the organization improve and do well.
I wouldn't hire just about anyone for a type of job like that, and very few with the right skillset would settle for less of a pay if there are other jobs they can go for instead.
According to Wikipedia a non-profit:
Which to me just sounds like a business for profit just with extra steps.
Since non-profit organizations provide a social benefit and literally their name says non-profit then workers shouldn't be paid more than they need or rather, shouldn't be paid based on their skillset or shouldn't be expected to pay high like that. Seems counter-intuitive that an organization that wants to provide a benefit somehow still has to make the same money as a for profit.
Well, there are many different kinds of non-profits and the above definition is kind of the minimal legalistic one. Most "non-profits" are founded for a different purpose then just the tax-benefits the "non-profit" legal status gives them in most countries.