Comment on Firefox could be doomed without Google search deal, says executive
chaoticnumber@lemmy.dbzer0.com 1 week agoI did, i abso-fucking-lutely did look at their numbers.
The 2024 numbers are not fully in, we can take a look at 2023. here is a link for you to follow along - …mozilla.net/…/mozilla-fdn-2023-fs-final-short-12…
I am skipping the income part, because its clear where they get the vast majority of their money.
[in millions, rounded up] Total revenue: $653
From which expenditures:
Program staff: $202.4 Management: $123.4 Fundraising: $2.4 Non-salary expenses: $162.2 Grants and fellowships: $6.4 Income tax: $14.4
Total expenditure: $511.1
So when you say “the bulk of money is spent on charity”, do you mean salaries? Because from what I can see, that is where the “bulk” is.
The charity part, from the 2023 revenue is 1%.
barsoap@lemm.ee 1 week ago
I was talking about the foundation itself. And yes ever since the writing was on the wall wrt. google funds they’ve been putting more and more money in investments to make sure they can survive, as opposed to grants. Still keeping with the foundation’s mandate, though, e.g. all their VC investments into AI are the polar opposite of what the likes of OpenAI are doing. Kinda sceptical e.g. huggingface will ever turn a profit, much less a significant one, but it’s important to have them.