Despite Being Closed for COVID-19, The Kennedy Center Still Got Over $80 Million in Tax Dollars in 2020

The Kennedy Center for the Performing Arts in Washington, DC – a 501(c)3 non-profit organization that sits on more than half of a billion dollars in assets, received over $80 million from the federal government in taxpayer dollars even as it is shuttered to the public because of COVID.

By law, the Kennedy Center receives federal funding every year, federal funding fueled by taxpayers who – in the overwhelming majority – have never and will never visit the institution. This despite the fact that the Center has been 80 percent privately funded for the past half-decade.

That is also a 501(c)3 organization means it is allotted generous tax exemptions by the Internal Revenue Service under the label of being an educational organization.

Keep reading

Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s