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Feds Use Arts Funding to Subsidize Billion-Dollar Nonprofits


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feds-use-arts-funding-subsidize-billion-dollar-nonprofits

The National Foundation on the Arts and Humanities is giving millions of taxpayer dollars to nonprofits with assets of over $1 billion.
OpenTheBooks.com, a transparency watchdog group, released a report this week highlighting egregious examples of arts funding going towards museums, universities, and nonprofit organizations that hardly need federal funding.
The National Foundation on the Arts and Humanities issued $20.5 million in grants to "asset-rich" nonprofit groups with assets of $1 billion or more in 2016 alone.:snip:

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