https://upload.wikimedia.org/wikipedia/foundation/3/3f/Wikimedia_Foundation_FY_24-25_Audit_Report.pdf

Page 3 and 5, while it's unclear the terms of the investments that make up the majority of their assets they still have net assets over 300 Million Dollars and have even been prepaying services far in advance. Their lease liability and accrued expenses are only 500K each and they payed an extra 4.5M to Wikimedia voluntarily last year, it's expected that they could run the site somewhere between 50 to 100 years based on this.

https://en.wikipedia.org/wiki/User:Guy_Macon/Wikipedia_has_Cancer

This essay is effectively a classic.

Even if it's not necessarily a bad thing for Wikimedia Foundation to have so much income, just a few days ago it's been revealed they have made a contract with a union busting legal agency, since their workers are forming one. In other words, money that people donate for Wikipedia is spent on internal bullshit conflicts by the increasingly insular leadership.