WIKIMEDIA FOUNDATION, INC. 
Notes to Consolidated Financial Statements 
June 30, 2024 and 2023 
 16 (Continued) 
For example (unaudited): 
• Wikipedia and the other projects operated by the Foundation receive more than 19.4 billion pageviews 
per month, making them one of the most popular Web properties worldwide. Wikipedia is available in 
more than 332 languages and contains more than 63 million articles contributed by a global volunteer 
community. 
• For the year ended June 30, 2024, the educational content of the Foundation’s largest project, 
Wikipedia, grew by approximately 1.9 million articles to approximately 63.4 million articles. 
• For the year ended June 30, 2024, volunteers added approximately 12.2 million images, movies, and 
sound files to the Foundation’s multimedia repository, making the total 106.7 million files. 
• Volunteers also contribute in several ways to the Foundation’s wiki software: volunteer software 
developers add new functionality to the code base, and volunteer language specialists add to the code 
base by translating the wiki interface into different languages. During the year ended June 30, 2024, 
there were 47,773 commits merged, through the efforts of approximately 511 authors/contributors, of 
which 8,161 commits were through the efforts of approximately 244 volunteers. 
(7) Operating Leases 
Our operating lease relates to the Foundation’s headquarters in San Francisco and has a non-cancelable 
remaining term of 3 months as of June 30, 2024. The discount rate is 2.9%, the risk-free rate based on 
daily U.S. Treasury with a term comparable to the lease term. The lease provides the Foundation the 
option to extend the lease term for one additional period of five years. The Foundation determined during 
the year ended June 30, 2024 not to renew the lease. Operating lease expense was $1,859,383 and 
$1,489,134 for the year ended June 30, 2024 and 2023, respectively. 
Undiscounted lease payments as of June 30, 2024 were as follows: 
Lease
payments
Year ending June 30:
2025 419,791  
Total minimum lease payments $ 419,791  
 
(8) Retirement Plan 
The Foundation offers a 401(k) plan (the Plan) to all of its employees residing in the United States. 
Employees are eligible to participate in the Plan upon employment. The Foundation matches employee 
contributions on a dollar-for-dollar basis up to 4% of the employee’s compensation. The Foundation 
contributed $1,859,839 and $1,859,012 to the Plan for the years ended June 30, 2024 and 2023, 
respectively.