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The Discovery Institute Is A Con-Profit Scam

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The Discovery Institute Is A Con-Profit Scam

Postby the_ignored » Sun Jun 09, 2013 9:20 am

That's the title of this blog post where the author went over the publicly available books (thanks, Freedom of Information Act!) of the Discotute and found:

Over the last several years, the Discovery Institute has raised well over $20 million, donations that are almost entirely eaten up in salaries and administrative costs. On average, since 2008, the Discovery Institute has spent less than 13% of its annual revenue on program activity and phony “grants.” Put another way, the Discovery Institute spends nearly 90% of the tax-deductible donations it receives every year on salaried employees, consultants, lawyers, lobbyists, accountants, and administrative and overhead expenses, and that’s being generous.
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Re: The Discovery Institute Is A Con-Profit Scam

Postby lehman scott » Sun Jun 09, 2013 9:47 am

Great find, t_i, i'd never heard of that guy before. Great analysis he did - - the IRS needs to audit the DI.
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Re: The Discovery Institute Is A Con-Profit Scam

Postby BathTub » Sun Jun 09, 2013 11:18 am

0 Surpise here!
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Re: The Discovery Institute Is A Con-Profit Scam

Postby zilch » Sun Jun 09, 2013 6:01 pm

Bathtub said it: why are we not surprised? But yeah, how do they get away with being tax-exempt?
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