Update current verbiage of About section on the MetaBrainz Foundation website:

The MetaBrainz Foundation is a 501(c)(3) tax-exempt non-profit founded in December 2004 and based in San Luis Obispo, California, that believes in free, open access to data.
The MetaBrainz Foundation has been set up to build community maintained databases and make them available in the public domain or under Creative Commons licenses. Our data is mostly gathered by volunteers, and verified by a voting system to make sure it is consistent and correct. All non-commercial use is free, but commercial users are asked to pay for regular updates of the data in order to help fund the project. We encourage all data users to contribute to the data gathering process so that our data can be as comprehensive as possible.
The MetaBrainz Foundation believes in transparent finances and has several commercial supporters who pay for timely and convenient access to data. The MetaBrainz Foundation is also supported by a number of sponsors who provide funds in order for the foundation to accomplish its goals.

Change to:

The MetaBrainz Foundation is a global community creating and maintaining an open encyclopedia of music and arts metadata. Beginning as a resource for music collectors we currently establish collaborations between volunteers, artists, and industry leaders. Since the founding it has grown into a global community of hundreds of thousands of editors collaborating together to build and maintain MetaBrainz comprehensive datasets.

The foundation works within a balanced ecosystem of contributions to the datasets and community and the utilization of the datasets. We encourage all data users to participate in the data gathering, editing and peer review processes so that our data can be as comprehensive as possible. Each entity is assigned a permanent MBID (MusicBrainz Identifier) in order to facilitate the creation of a reliable and unambiguous universal lingua franca for music data. MBID’s have opened the possibility of boundless search queries, exceeding the seven traditional identifiers for music data and truly putting knowledge at one's fingertips. Our community aggregated data sets are verified and edited by a global voting system to ensure the data is consistent and correct. We collect information about as many different styles and types of arts and music as possible and do not discriminate when compiling data.

The foundation was founded in 2004 by Robert Kaye, in San Luis Obispo, California and is a 501(c)(3) tax-exempt non-profit. Commercial users are asked to contribute financially in order to help fund our family of projects, and give back to our community to keep our ecosystem healthy. Non-commercial use of our data remains free, and we are committed to keeping it free to utilize. We are also supported by donations and a number of sponsors who provide funds in order for the foundation to continue to accomplish various project goals. The MetaBrainz Foundation believes in transparent finances, which are published quarterly.