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[citation needed]



http://upload.wikimedia.org/wikipedia/foundation/7/75/2013-2...

40% of their projected expenses go to product & engineering. Last year they had expenses of 32.3 Million on 50.9 Million of revenue. Which really means they used 25% of raised money on product & engineering, and Wikipedia is definitely not it's only product.


They spend 24% on "Legal & CA, HR, Fin & Admin".

So they spend at least 64% on running the Wikimedia projects, no?


You forgot to take out the 16% they spent on grants, the 9% on fundraising, the 9% on grant making and development.




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