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Internal forecasts show severe earned-revenue and donation shortfalls

Superseded evidence record · Open correction

Reporting and findings

  1. reported
    Superseded · open corrected record

    Confidential documents reviewed by The Washington Post projected that fiscal 2026 earned revenue would miss budget by 70 percent and contributed revenue by 25 percent, even after expense cuts. The records showed ticket sales and donations falling further after the December 2025 name change. Center leaders publicly credited cost cutting and blamed inherited management; the forecast figures were not yet final audited results.

People and organizations

Figures

  1. Projected contributed-revenue miss25% below budget
    Calculation details
    Basis
    Observed
    Population
    Kennedy Center fiscal 2026 contributed-revenue forecast compared with budget
    Period
    2025-10-01 to 2026-09-30
    As of
    2026-09-30
    Method
    Internal forecast percentage reported by The Washington Post.
    Uncertainty
    Forecast before fiscal-year close, not an audited final result.
  2. Projected earned-revenue miss70% below budget
    Calculation details
    Basis
    Observed
    Population
    Kennedy Center fiscal 2026 earned-revenue forecast compared with budget
    Period
    2025-10-01 to 2026-09-30
    As of
    2026-09-30
    Method
    Internal forecast percentage reported by The Washington Post.
    Uncertainty
    Forecast before fiscal-year close, not an audited final result.