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founded 4 years ago

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June 2023 financial update for lemmy.ca (lemmy.ca)

submitted 2 years ago by [email protected] to c/[email protected]

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This is a little late, but I figure that it's better late than never!

For full transparency, I'm just going to give a high level overview of the financial situation of lemmy.ca through June 2023, when I started to accept donations.

Total Expenses: $30.00

This includes all hosting fees, including backups, etc.

Total Contributions: $1,503.03

$1,184.84 through LiberaPay
$318.19 through OpenCollective

All contribution amounts are not including payment processor and/or OpenCollective fees.

Remaining Balance: $1,473.03

I plan on transferring the remaining balance to the new admin team, whenever they are ready to accept it.

Thank you to all that have contributed so far, I couldn't have gotten the instance to where it is now without your generosity. I'm very excited to see what comes next and look forward to watching the instance grow more!

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[–] [email protected] 4 points 2 years ago* (last edited 2 years ago) (1 children)

First off... Thanks to you and the team that keeps this instance running. It is very much appreciated.

If you feel uneasy with the funds you get and think that it is too much. Maybe consider passing on the excess to the developers of the software ..... the developers at Lemmy or the developers of the activitypub protocol.

It's not just the instance owners that we should worry about, it is all those software developers that keep and maintain the software on an ongoing basis that make the fediverse possible.

[–] [email protected] 3 points 2 years ago (1 children)

I think this is a great idea. Or sponsor some bug triaging or something.

[–] [email protected] 2 points 2 years ago

Or support 3rd party app developers?

All the options sound great.