I go back and forth with my thoughts on this. I mean, if someone actually started the community, I sorta think it's theirs. But if you just have a bunch of mods, and the original founder is gone, then I think it's the community.
I have very small communities that I mod. And as of now, I am in charge of what goes there and what doesn't because no one posts. If it grew, I'd still like to think I was in charge (under instance admin of course)
I mean are the posters of an instance in charge of the instance or is the admin who set it up?
Interesting note. Thanks for this! :)