"Meanwhile, a Wikimedia staff member named Sandy Ordonez has posted a comment on Nick’s post saying “Ms. Devouard’s comment was taken out of context” and that “Wikipedia will not be closing any time soon. Ms. Devouard was simply referring to the ongoing, pressing needs for funds that Wikipedia, like most nonprofit organizations, face."
It really is shocking that a globally important project like Wikipedia will not take support from commercial revenue such as displaying Google text ads on the side. Look at Craig's list, they have taken limited support from commercial revenue and it keeps them out of danger of shutting down.