The following excerpt is from an article that originally appeared on WND Econony
A new study indicates that contrary to the argument that without federal funding, those “starving artists” just won’t make it, the U.S. government sends millions of dollars every year to organizations that are worth billions.
Michael McGrady writes for the Heartland Institute of a recent audit of the National Foundation on the Arts and Humanities, which is responsible for the National Endowment of the Arts, National Endowment for the Humanities and the Institute of Museum and Library Services, gave more than $441 million to some 3,000 groups in 2016.
Seventy-one of those groups, which received about $20.5 million of the total, already had assets above $1 billion.
The audit of the agency was conducted and published by Open The Books, a project of the non-profit American Transparency, which aims to limit government by exposing how it spends taxpayer funds.
Adam Andrzejewski, the chief operating officer of American Transparency, said the “argument for public funding of the artspost was originally published on this site