Resolution:Approving the Wikimedia Foundation 2021-22 Annual Plan
 | This proposal has been approved by the Wikimedia Foundation Board of Trustees. It may not be circumvented, eroded, or ignored by Wikimedia Foundation officers or staff nor local policies of any Wikimedia project. |
| ←Resolutions | Resolution: | Feedback?→ |
| This resolution was approved on June 1, 2021. |
RESOLVED, that the Board of Trustees hereby approves management's proposed annual plan for the 2021-22 fiscal year, which includes:
- $147 million of revenues and $147 million of expenses for the foundation, excluding Wikimedia Enterprise
- $10.2 million in contractual revenue and approximately $3.6 million in expense for Wikimedia Enterprise with an option of $1.4M in increased operating expenses to grow the WM Enterprise business
- At least $10 million in donations raised for the Wikimedia Endowment
RESOLVED, that the Board authorizes the Audit Committee to approve minor adjustments to the 2021-22 fiscal year budget in response to Board input during June 2021, as long as these adjustments do not result in a change in excess of 3% of the proposed 2021-22 fiscal year budget and will not exceed the revenue target; and
RESOLVED, that during the fiscal year, if management anticipates the change in reserves will differ materially from the plan, the Board directs management to consult the Chair of the Audit Committee promptly.
Quarterly Breakdown of the Annual Plan (in US$ million)
| Budget by quarter | Q1 | Q2 | Q3 | Q4 | FY21-22 |
|---|---|---|---|---|---|
| Total Revenue (including interest income) | 35.0 | 75.7 | 19.8 | 16.7 | 147.0 |
| Programmatic | 24.6 | 27.1 | 30.0 | 30.1 | 111.8 |
| Fundraising | 4.0 | 5.4 | 3.4 | 3.4 | 16.2 |
| General & Admin. | 4.4 | 4.6 | 5.2 | 4.8 | 19.0 |
| Total Expense | 33.0 | 37.1 | 38.6 | 38.3 | 147.0 |
| Change in net assets | 2.0 | 38.6 | (18.8) | (21.6) | 0.0 |
- Approve
- María Sefidari (Chair), Nataliia Tymkiv (Vice Chair), Esra'a Al Shafei, Tanya Capuano, Shani Evenstein Sigalov, James Heilman, Dariusz Jemielniak, Lisa Lewin, Raju Narisetti, Jimmy Wales