After the president’s takeover, the organization is $40 million in debt with an operating deficit of $100 million.
President Donald Trump’s pick to lead the Kennedy Center raged at the Washington Post on Friday after the outlet reported on its crumbling finances.
With donors pulling financial backing and artists cancelling upcoming appearances, the Kennedy Center is $40 million in debt and has an operating deficit of $100 million despite turning a profit of $6 million less than two years ago, Post reporter Travis Andrews revealed on Friday.
more:
http://www.thedailybeast.com/trumps-kennedy-center-head-rages-against-wapo-report-on-financial-woes/
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