Correct. LAF is an advertisement free site - except for the banners of the site owners and hosts (viz. North Star and WI).
It was the same when the Prof owned the site. Only Alex’s own range and his affiliates, like Miniaturicum, ever got their banners onto the site.
I guess that’s the only real payback for owning / hosting the site
Personally I like it without too much advertising, but Nick may be open to offers, I don’t know. Maybe drop him a PM?