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by dr_dshiv 457 days ago
Their yearly budget is less than the budget of just the SF library system.
2 comments
kelseydh 457 days ago
What I don't understand is how do they afford the storage costs? Surely it must be pricey to have 70+ petabytes of data that's only growing.
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badlibrarian 457 days ago
Their Form 990s are hard to decipher (many many entitites) and they don't talk much about how they're structured or how they run their backend.

A big chunk was outsourced to Sun at one point. And that name alone should tell you how current the information is. https://en.wikipedia.org/wiki/Sun_Modular_Datacenter

In 2020 at least one public filing shows expenses of $19.9MM with $9.2MM classified as wages. So no more than $900k/month in 2020 and maybe double that now. Recent data is messy due to Covid donations and lawsuits.

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badlibrarian 457 days ago
Then maybe they should've figured out how to keep hard drives in a climate controlled environment before they decided to launch a bank.

https://ncua.gov/newsroom/press-release/2016/internet-archiv...

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