“Modest increase” lmao. Literally like ~10% year over year for 20 years.

its literally tracking inflation when i looked at the costs.

The graph is very much exponential.

it very much isnt. the only line items that were exponential were the professional services and grants. the rest tracked inflation or were linear. and inflation is not in their control. its why the graph looks exponential but thats not a factor wikipedia controls.

they would have annual expenses of less than 5 million dollars.

literally impossible to have that situation in an economic system where inflation exists and salaries are your dominating expense.

You need to normalize for inflation to see the increase accurately.

If their expenses were growing exponentially we wouldnt see the net assets line growing faster.

edit: just for the record, I'm just eyeballing their numbers. the signal that makes WMF's finances concerning is them fighting unionization. not the relative YOY changes, those mostly look reasonable.

what fighting the union means: they're underpaying their staff and most compensation is going to admin. thats the problem, and it wont be resolved unless the workers force organizational changes.