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Is the Kennedy Center losing 'hundreds of millions of dollars'?

Records in 2024 show the venue had a surplus of millions of dollars once contributions and grants had been factored in.

· 695 words· updated September 18, 2026 at 02:56 PM

US President Donald Trump has claimed the Kennedy Center in Washington DC has been losing "tens of millions of dollars, even hundreds of millions of dollars" for years.

Trump, who wants his name on the famous performing arts venue, was photographed onboard Air Force One looking at a poster with a headline that appeared to tout the demolition of the site.

Federal audit records for 2024 show that, despite having "an operating deficit", it had a surplus of millions of dollars - as Aisha Sembhi explains.

Design by Mesut Ersöz and Henry Esterson. Additional reporting by Tom Edgington.

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Macaulay Culkin honours Catherine O'Hara

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Memorial ceremonies took place in New York City, the Pentagon near Washington DC and at Flight 93 National Memorial near Shanksville, Pennsylvania.

Has Trump won over voters with his midterm convention?

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Brother of Muslim police cadet killed in 9/11 'disappointed' by calls for Mamdani to sit out memorial

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Listen: Juror in Lindsay Clancy trial speaks about lone holdout

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Sinkhole appears outside Malibu home thought to belong to Nicolas Cage

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How might Lindsay Clancy’s case have unfolded in another country?

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Thursday, October 22, 2026

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