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Kennedy Center revenue figures were internal projections, not audited results

Reporting and findings

  1. reported

    The Washington Post reported that Kennedy Center internal documents projected fiscal 2026 earned revenue 70 percent below budget and contributed revenue 25 percent below budget. These were management forecasts for a fiscal year ending September 30, 2026, not audited actual revenue. This correction withdraws the prior classification of those projections as observed measurements.

    Corrects claim:kennedy-center-kraft-2026-09-15:kennedy-center-revenue-crisis
Summary and current status

The fiscal 2026 figures reported in August came from internal forecasts for a fiscal year that had not closed.

Forecast evidence retained; prior observed-value classification withdrawn

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