Skip Navigation

the UPDATED financials of Beehaw as of June 2023 (and how you can help our website stay up and be more reliable)

opencollective.com

Beehaw - Open Collective

hey folks, here's another meta-post. this one isn't specifically in response to the massive surge of users, but the surge is fortuitously timed because i've been intending to give a good idea of what our financial stability is like. as a reminder, we're 100%-user funded. everything you donate to us specifically goes to the website, or any outside labor we pay to do something for us.

thanks to your generous support, we're pretty confident we have passed our current break-even point for this month, at which we wouldn't eventually need to pay out of our own pockets to keep the site running. that point in our estimation is about $26 a month or $312 a year. (please ignore OC's estimated yearly budget--we don't determine it lol)

our expenses are currently:

  • $18/mo toward our host, Digital Ocean. (yesterday we upgraded from DO's $12 tier to its $18 tier to mitigate traffic issues and lag, and it's really worked out!)
  • $2/mo for weekly backups
  • $4/mo for daily snapshots of the website, which would allow us to restore the website in between the weekly backups if need be.

for a total of at least $26/mo in expenses. this may vary from month to month though, so we're baking in a bit of uncertainty with our estimation.

we currently have, for the month of June:

  • $70/mo in recurring donations (at least for June)
  • $200 this month in one-time donations

for a total of $270 this month. our total balance now stands at $331.31.

that balance means we now have about a year months of reserves currently, if we received no other donations and have no unexpected expenses.[^1] the recurring donations put us well into the green at this point.

this is good! everything past our break-even point each month is, to be clear, money we can save and put toward scaling up our infrastructure. there is no downside to donating after we've already met our "goal" of basic financial stability. doing so will have pretty straightforward practical implications for you: fewer 500s, 503s, better image support (this takes a lot of space!), and the website generally being run on more than potato hardware.[^2] if you'd like to do so in light of this information, our OpenCollective page is this post's link. thanks folks!

[1]: we will have at least one upcoming expense but its size is TBD, and so is how we'll pay for it [2]: especially during times like now, where we've likely been getting thousands or tens of thousands of hits an hour

12 comments
  • At the risk of sounding like Roy from Ted Lasso.... This is FUCKING REFRESHING. This is how it should be! Thank you so much for the transparency, and for all the work you're doing to implement this instance. I'll definitely be sticking around, and hopefully contributing whatever I can. This is amazing. Please keep it up!

  • I'm new to BeeHaw but its really encouraging to see such transparency and, frankly, competent admin communication. Thanks for sharing this!

  • Massively appreciate this level of transparency on the instance's finances. To me, that's a promising sign

  • It's going to be entertaining seeing the new numbers after you update this post.

  • That's... surprisingly low! Nice! Now i find myself wondering about the financials of something like the biggest Mastodon instances...

  • Is it possible to donate Cryptocurrency? I'd love to give XMR (Monero) so I don't have to reveal any details about myself, etc.

    • Is it possible to donate Cryptocurrency?

      at least currently we're tethered to OpenCollective (and not really in a position to extend ourselves across even more stuff to maintain) so if they don't accept it then no, that's just a limitation we'll have to live with. that said, i believe OpenCollective allows for anonymous donation--we have many Guest contributions--so that may be suitable for your purposes if you can do crypto to fiat conversion

12 comments