It looks like the internet archive is needed assistance, I just heard about this today and figured lemmy could help spread this message around

  • ulterno@lemmy.kde.social
    link
    fedilink
    English
    arrow-up
    0
    ·
    7 months ago

    Same question here. How can they be profitable if they are a registered non-profit?

    Is it somehow possible to pay employees exorbitant salaries, similar to Mozilla’s CEO?

    • delirious_owl@discuss.online
      link
      fedilink
      arrow-up
      0
      ·
      7 months ago

      Non profit doesn’t mean revenue can’t exceed expenses. It means that the org can’t be owned by investors, and the org can’t pay dividends.

      • ulterno@lemmy.kde.social
        link
        fedilink
        English
        arrow-up
        0
        arrow-down
        1
        ·
        7 months ago

        Interesting. And there really is nothing stopping someone in control from getting themselves a huge portion of it, while laying off staff?

        That seems like a huge flaw that someone with the required people skills (read, social engineering) can exploit.

        Anti Commercial-AI license