WordPress Foundation Financial Report 2024

In 2024, the WordPress Foundation and its subsidiary, WordPress Community Support, PBC, provided support and guidance for a total of 56 WordCamps, 16 WordPress Events, 7 do_action events, and 3,678 Meetup events organized by volunteers of 633 active WordPress chapter Meetup groups in communities all around the world. There were 6 WordCamp events held in the US and 73 WordCamps and WordPress Events held outside the US. 

In 2016, the WordPress Foundation created a subsidiary, organized as a public benefit corporation ((a for-profit entity that voluntarily meets higher standards of transparency, accountability, and performance), to offer a fiscal entity to support organizers of WordPress community events. This B-corp is named WordPress Community Support. We’ll report on both entities’ 2024 financials on this page.

WordPress Foundation

WordPress Foundation’s total revenue was $57,163, with charitable donations from the public being the sole source of this income.

Expenses for the WordPress Foundation totaled $121,957. The largest expense being a contribution to the Internet Archive totaling $100,000.

The WordPress Foundation also supported do_action events with monetary donations of $1,066 to help in covering the cost of venues and refreshments for the events.

Additionally, $1,455 was used to fund travel to WordCamp US for winner of the Kim Parsell Scholarship, Cynthia Norman.

WordPress Community Support, PBC

The total revenue of the Foundation’s subsidiary B-corp, WordPress Community Support, was $4,525,026:

  • Sponsorship Income: $3,994,528 (88% of total revenue)
  • Ticket Sales $530,498 (12% of total revenue)

Expenses for WordPress Community Support, PBC totaled $4,174,214 as detailed below:

  • WordCamp expenditures: $3,799,699 (91% of total expenses)
  • Meetup expenditures: $221,300 (5% of total expenses)
    • Total Meetup.com dues: $214,106
    • Total Meetup Venue rental & exp: $7,194
  • Operations: $153,215 (4% of total expenses)

As is common with events, the highest categories of expenses were Venue Rental and Food & Beverage. The total amount expended for Venue Rentals in 2024 was $1,297548 (31% of total expenses), and for Food & Beverage, the total spend was $1,277,891 (31% of total expenses). 

WordPress Community Support also supported the publishing of 786 videos in 2024 from WordCamps and other WordPress events to WordPress.tv, with the help of various production companies who assisted with editing. 

  • Video Processing or Videography: $58,769

Major operational expenses for WPCS included:

  • Insurance: $47,321 
  • Legal & Professional Fees: $20,550 (Audit expense)
  • Dues & Subscriptions $18,793
  • Bank Charges & Merchant Fees: $3,098