BLM recorded $9M deficit last year but still paid millions to execs: tax docs

NY Post ^ | 05/24/2023 | Lee Brown

[ChicagoConservative27]

Black Lives Matter ended last year on a nearly $9 million deficit — while still paying out millions to organizers as well as relatives of controversial co-founder Patrisse Cullors.

Tax documents shared by The Washington Free Beacon show that BLM’s Global Network Foundation ended the financial year in the red to the tune of $8,559,748.

The filings show that the non-profit recorded revenue of $8.5 million — roughly half the more than $17 million it spent.

That deficit is made even more extreme given that the previous year it actually increased its piggybank, earning nearly $42 million after expenses.

The financial hit also left the financial group with $30 million in assets, down nearly $11.75 million from where it started the financial year.

[ChicagoConservative27]

Didn't this BLM stuff start under Obozo and the gentle giant crap in MO?

[Worldtraveler once upon a time]

Re — Pay — Rations. Never enough, of course. Enough is defined as more, more, more. Synonym: Obama-Biden, and all the narratives that are being spun.

[No name given]

I think so.

[joshua c]

uh oh

blm is out of money

look for the new george floyd

im betting it will be reparations

[ArcadeQuarters]

Taxpayer funded bailout incoming?

[Mlheureux]

The rest of us would be in jail for this. BLM/ANTIFA are the brownshirts of yesteryear working for the global biden/obama treasonist. This country is in the midst of a coup and time is running out. Be prepared!

[LizzieD]

Not even smart enough to keep their own grift going. LOL.

[PLMerite]

“Black Lives Matter ended last year on a nearly $9 million deficit — while still paying out millions to organizers as well as relatives of controversial co-founder Patrisse Cullors.”

The Rank-and-File (Loot-and-Burn?) BLMers don’t care. It’s all about “getting one over on Da Man.”

[ViLaLuz]

Just a new generation of race hustlers.

[sit-rep]

blacks are the first to rip off their own and they all know it!!

I’m currently working in one of the most wealthy demographic areas in SE Michigan doing the Tile work in a recently purchased 500K house. Black owners... every time the man or woman enters or leaves the house, they lock the door. even with a house full of contractors!!

This alone tells me the BLM thefts are no surprise to anyone... including most blacks...

[GOPJ]

And BLM doesn’t have to worry about the IRS since ‘justice’ doesn’t exist is the new forming hellhole ...