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What is with this Wikipedia needs money?

I always see those messages, now it's something like, Wikipedia still can't be sold, something along the lines of if you gave $2.75 and it will be too late to help in their year-end fundraiser. Sooo is this something they just do every year or if Wikipedia doesn't get money it shuts down? It's not clear on the website.
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They don't want to use commercials so they're relying on the public to fund them.
twiigss · M
@Spoiledbrat Oh. Well they make it sound like everything is going to crap if they don't get donations.
Longpatrol · 31-35, M
@twiigss The funds go to the wikimedia foundation of which some portion goes into Wikipedia servers maintenance and etc and other wikimedia projects.
twiigss · M
@Longpatrol Yeah that's kinda what I was thinking, like website maintenance mostly. If I had the money to donate I would. As much as I use the site.
Longpatrol · 31-35, M
@twiigss When you get enough money, there's a donation link on the sidebar of wikipedia itself, no need to rush.
twiigss · M
@Longpatrol Yeah I was looking at it earlier. Money for me is very hard to obtain so yeah, in rough times right now.