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What’s really behind the Kennedy Center’s 'collapse’
What happened
AlterNet argues that the Kennedy Center’s reported financial collapse followed President Donald Trump’s takeover, not a preexisting fiscal catastrophe. Citing Washington Post reporting based on 15 years of confidential board records and tax filings, it says the center was solvent before Trump removed professional staff, asserted control over programming, and watched revenue, donations, and bookings fall.
The Post reportedly found that the center then exhausted its available bank borrowing, used donor-restricted funds intended to remain unspent, and wrote off unpaid pledges…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.