Resolution:Approving the Wikimedia Foundation 2026-2027 Annual Plan and Budget
 | 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. Please note that in the event of any differences in meaning or interpretation between the original English version of this content and a translation, the original English version takes precedence. |
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| This resolution was approved on June 17, 2026 |
RESOLVED, that the Board of Trustees hereby approves management's proposed annual plan and budget for the 2026-27 fiscal year, consisting of $230.0 million of revenues and $240.0 million of expenses. Up to $10 million of expenses is approved to be funded from the reserve. The budget funds the activities of the Wikimedia Foundation, activities related to Wikimedia Enterprise, and the Wikimedia Foundation’s activities in support of the Wikimedia Endowment.;
RESOLVED, that the Foundation shall continue to target an amount of not below 12 months and up to 18 months of expenses for its working capital reserve;
RESOLVED, that during the fiscal year, if management anticipates the change in net assets for 2026-27 will differ more than 5% from the plan, the Board directs management to consult the Chair of the Audit Committee promptly. Quarterly Breakdown of the Annual Plan (in US$ million)
| Budget by Quarter | Q1 | Q2 | Q3 | Q4 | FY2026-27 |
| Total Revenue
(including interest income) |
58.37 | 85.45 | 45.10 | 41.07 | 230.00 |
| Programmatic | 39.83 | 54.63 | 41.94 | 48.96 | 185.36 |
| Fundraising | 7.14 | 7.81 | 8.15 | 8.06 | 31.16 |
| General & Administrative | 5.38 | 5.78 | 6.13 | 6.19 | 23.48 |
| Total Operating Expenses | 52.36 | 68.22 | 56.22 | 63.20 | 240.00 |
| Change in net assets | 6.0 | 17.2 | -11.1 | -22.1 | -10.0 |
Approve
- Lorenzo Losa (Chair), Kathy Collins (Vice Chair), Raju Narisetti (Vice Chair), Michał Buczyński, Mayree Clark, Victoria Doronina, Maciej Nadzikiewicz, Bobby Shabangu, Jimmy Wales
Not Present
- Luis Bitencourt-Emilio, Christel Steigenberger
References