Kennedy Center warns of imminent bankruptcy, potential closure this week
The Washington arts institution says it faces dire financial and physical conditions and could close as early as Tuesday without intervention.
The Kennedy Center disclosed Monday through board resolutions that it is in critical financial and physical condition, according to NPR. The institution said only President Trump can "rescue" it from the crisis.
The center did not immediately specify what intervention or funding it is seeking, but the public warning suggests the organization views the situation as urgent enough to close operations within days if circumstances do not change.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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