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.
Hellbound and Down 