Has it? Wikipedia is primarily edited by an insulated, slowly dying clique of mostly ignorant people who would rather nothing be written at all than a domain expert outsider article.

Meanwhile, the foundation is some sort of self-perpetuating money vacuum expanding at a great rate while expenditures for actually running Wikipedia is stagnant, if anything getting cheaper. It turns out a wishy-washy NGO save the world mission is a lot more exciting than the daily struggle of community building, and with the foundation all these do-gooders don't even have to forgo the competitive salary.

Obviously a bit exaggerated, but there is a lot of truth here.