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What do you donate to?
(lemmy.world)
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this post was submitted on 12 Dec 2024
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Asklemmy
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Here's their audit report. 59.8% of their expenses are in ~~executive~~ salaries, a total of $107,793,960 this year. They list internet hosting as 1.7% of their expenses at $3,116,445.
That salary number is all ~700 employees, not just "executives". That averages to about 150k apiece, not unreasonable for what is probably mostly tech workers.
The total for just the executives is $88million. Leaving $19million for the 700 employees, or $27,000 each. You are donating to executives.
Edit: whoops, it's total salary in 2021, I misread
The actual total in your own link was 5.2 million for executives. The 88 million is, again, the entire salary base just in 2021. Assuming they still had 700 employees (which is a current figure, not 3 years ago) that's still about 120k apiece for everyone else.
I can't tell if you're just being disingenuous or you really can't read your own sources...
You're right. It's not just executives. I believed the criticism was over inflating executive salaries, but it is indeed all salaries. Wikimedia operated with a total salary of $26million in 2014 but now has salaries totalling $107million. Quadrupling their salaries in 10 years with little explanation. You're assuming it goes to IT infrastructure workers, but they don't explain where it actually goes.
Good lord these numbers are ludicrous
Good find.