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by necovek
1688 days ago
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I find it bad because I believe they could optimize in a way to sustain the organization on membership fees itself. Eg. doubling those fees (21M CHF from membership in 2020 out of total 42M revenue) would have achieved this for 2020 without any optimization on their part. Or they could become more frugal. Eg. simply by removing the overhead of managing *sale" of electronic documents, they could optimize at least a little bit. Membership fees are stable, yet royalties are fluctuating. As a non-profit, they've got to end the year on 0, so they'll always spend whatever they earn. |
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