Financial Problems of the JFK Center for the Performing Arts Need To Be Addressed
GGD-84-50
Published: Apr 11, 1984. Publicly Released: Apr 11, 1984.
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Highlights
In response to a congressional request and in compliance with the John F. Kennedy Center Act, GAO reviewed aspects of the Kennedy Center's financial operations for fiscal years (FY) 1979 through 1982 and data for 1983 to assess the Center's ability to meet its operating costs and bond indebtedness.
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Topics
Cost sharing (finance)DebtFacility maintenanceFederal aid for the artsFinancial managementIntergovernmental fiscal relationsLoan repaymentsProfitsGifts or gratuitiesUS Treasury securities