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

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.
Federal audit records for 2024 show that, despite having "an operating deficit", it had a surplus of millions of dollars - as Aisha Sembhi explains.
Donald TrumpFollow Donald Trumpclose panelYou are now following Donald TrumpUpdates from your News topics will appear in My News and in a collection on the News homepage.
US politicsFollow US politicsclose panelYou are now following US politicsUpdates from your News topics will appear in My News and in a collection on the News homepage.
Is the Kennedy Center losing 'hundreds of millions of dollars'? Video, 00:01:33Is the Kennedy Center losing 'hundreds of millions of dollars'?SubsectionUS & Canada
Up Next. Watch: How Russia responded to US after plague researcher death. Video, 00:01:18Watch: How Russia responded to US after plague researcher deathSubsectionEurope
What we know about Andrew Mountbatten-Windsor's legal action against police. Video, 00:01:20What we know about Andrew Mountbatten-Windsor's legal action against policeSubsectionUK
How Brazil's dramatic election unfolded. Video, 00:01:27How Brazil's dramatic election unfoldedSubsectionLatin America
What we know about Russian strikes on Kyiv bridges. Video, 00:01:17What we know about Russian strikes on Kyiv bridgesSubsectionEurope
Two people killed as floods hit Spain's Catalonia region. Video, 00:00:43Two people killed as floods hit Spain's Catalonia regionSubsectionEurope
Rare tornado whips through small Australian town. Video, 00:00:31Rare tornado whips through small Australian townSubsectionAustralia
Dive deeper
- 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.
- Federal audit records for 2024 show that, despite having "an operating deficit", it had a surplus of millions of dollars - as Aisha Sembhi explains.
- Donald TrumpFollow Donald Trumpclose panelYou are now following Donald TrumpUpdates from your News topics will appear in My News and in a collection on the News homepage.
- US politicsFollow US politicsclose panelYou are now following US politicsUpdates from your News topics will appear in My News and in a collection on the News homepage.
- Is the Kennedy Center losing 'hundreds of millions of dollars'? Video, 00:01:33Is the Kennedy Center losing 'hundreds of millions of dollars'?SubsectionUS & Canada