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isn't NFP status more about how you spend the money
Last Edit: dramedy 01:14 pm EDT 07/14/23
Posted by: dramedy 01:13 pm EDT 07/14/23
In reply to: re: Well, Public is not sole producer of Hamilton - NoPeopleLike 12:53 pm EDT 07/14/23

than earning money from hit. Shubert organization is a non-profit and they certainty aren't giving away free leases to commercial productions in their theaters. It's how they spend the money--and apparently buying strip malls in the mid-west is a legitimate use.
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Shubert
Posted by: swoozie 10:51 am EDT 07/17/23
In reply to: isn't NFP status more about how you spend the money - dramedy 01:13 pm EDT 07/14/23

Shubert Org gives away millions to non profit theaters each year throughout the country.
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re: isn't NFP status more about how you spend the money
Posted by: ryhog 08:39 pm EDT 07/14/23
In reply to: isn't NFP status more about how you spend the money - dramedy 01:13 pm EDT 07/14/23

Yes it is, as long as it is consistent with an eleemosynary purpose. The Shuberts are a difficult example, however, because they are a unique structure: a for profit enterprise owned by a non-profit foundation. So what they do in business has no connection to a charitable purpose. The foundation, on the other hand, is the largest performing arts donor in the United States and just announced its current year boasts its largest ever grant total.
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re: isn't NFP status more about how you spend the money
Posted by: garyd 11:07 pm EDT 07/14/23
In reply to: re: isn't NFP status more about how you spend the money - ryhog 08:39 pm EDT 07/14/23

Some people might, therefore, consider the Shubert structure to be Agathokakological?
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re: isn't NFP status more about how you spend the money
Posted by: ryhog 01:32 am EDT 07/15/23
In reply to: re: isn't NFP status more about how you spend the money - garyd 11:07 pm EDT 07/14/23

I can now join billhaven in saying my week is complete. This is a word I never knew, but I did almost figure it out thanks to my one semester of Greek many years ago. (I did not do well, Greek fared no better.)

But the great achievement is that in the process I discovered "floccinaucinihilipilification" which means "the estimation of something as worthless." Now if anyone can figure out its formulation (without cheating), I will buy them an ice cream cone.
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Touche!
Posted by: garyd 08:36 am EDT 07/15/23
In reply to: re: isn't NFP status more about how you spend the money - ryhog 01:32 am EDT 07/15/23

x
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re: isn't NFP status more about how you spend the money
Posted by: Billhaven 09:01 pm EDT 07/14/23
In reply to: re: isn't NFP status more about how you spend the money - ryhog 08:39 pm EDT 07/14/23

I’ve been waiting for the day someone used eleemosynary in a sentence! My week is complete.
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re: isn't NFP status more about how you spend the money
Posted by: comedywest 11:30 pm EDT 07/14/23
In reply to: re: isn't NFP status more about how you spend the money - Billhaven 09:01 pm EDT 07/14/23

Other Fielding in Tom Jones, it's never come up in my experience.
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