Posted on 02/13/2025 11:06:35 AM PST by Macho MAGA Man
Interim executive director Ric Grenell has disclosed a dire financial state at the Kennedy Center, America’s leading performing arts venue.
.... Snip....
Ric Grenell, upon taking his new role, shared alarming insights into the financial health of the institution.
On X, he detailed, “I was briefed today by the CFO of the Kennedy Center on its financial situation. She told me there is ZERO cash on hand. And ZERO in reserves. And the deferred maintenance is a crisis.”
He added, “For the past months they’ve been digging into the DEBT RESERVES. We must fix this great institution. The people working hard at the Nation’s premier performing arts center deserve better – and so do all Americans.”
Political commentator Mike Cernovich responded to these revelations by questioning the justification of high executive salaries at the Center, given the financial distress.
“How did the executive team justify their seven and high six-figure salaries? And where did this money go?” he wrote.
(Excerpt) Read more at thegatewaypundit.com ...
So it’s broke and the toilets don’t work.
Who in DC is not in on the grift?
The underground garage’s ceiling has literally been falling onto cars and leaking pipes for decades. My daughter played in the youth orchestra years back and the place was a dump then. Only the 80+ crowd goes anymore and getting them into their seats takes hours.It is not the experience it once was. I’m surprised they have any programs at all and can keep the heat on.
Shocked the drag shows didn’t bring in large audiences and tons of donors.
Where did the money go that was allocated for the Kenedy Center?
> We must fix this great institution. <
Just who is “we”? I put the Kennedy Center in the exact same category as a neighborhood bowling alley. Charge a fair price for what you offer.
If customers come, then good. If they don’t, then close down.
No bailouts.
Sounds like a job for DOGE Forensics?
Pretty much no one.
Close it down and be done with it. If they can’t make it without government aid then we don’t need it any longer.
Perhaps this is why Trump decided to take over. If he does the same as he does with his salary as President he frees up that money to start the ball rolling.
bttt
Shut it down and sell the building.
Someone must have raided the 2015 huge Expansion Construction funds. Did someone audit for Pelosi’s fingerprints. It was a huge project with pavilions and walkway bridges. But same old red velvet interior it seems. The building is over 60 years with no investment. It is just sad.
For decades they were a woke institution before woke was popular, and obviously being woke was more important than being fiscally competent.
Throw a few free concerts from our non woke musician friends and we’ll be back in action.
Sounds like it was looted.
Shutter it. The !*@#libs plundered it. Not one dime, Grenell.
If you read the article:
It started bleeding money since 2021, just when the Biden appointed team took over.
The Biden team, despite having great salaries, have not been able to balance the books.
To maintain the buildings—they are huge and the KC brought in no money from March 2020 to September/October 2021 and it has been slow going since. Covid killed the KC.
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