I was briefed today by the CFO of the Kennedy Center on its financial situation.
— Richard Grenell (@RichardGrenell) February 13, 2025
She told me there is ZERO cash on hand. And ZERO in reserves. And the deferred maintenance is a crisis.
For the past months they’ve been digging into the DEBT RESERVES.
We must fix this great…
@EricLDaugh That's curious. The Kennedy Center reported $286 million in gross receipts and $633 million in total assets in its most recent Form 990 filing.@EricLDaugh Here's what their expenses look like. The "Other" amount is in paying performers and contractors.• • •
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