SNL: Big Bird Visits Weekend Update

Big Bird himself appeared on Saturday Night Live’s Weekend Update yesterday. Big Bird stayed up past his bedtime to talk to Seth Meyers about his new celebrity status after Mitt Romney mentioned him during the first presidential debate.(dailypicks)
lantern53says...

Sesame Street earns $140 million a year, but somehow they get 10% of that from the American taxpayer when they could easily make it and make it quite well, on their own.

Those folks are all 1%ers, aren't they?

Sagemindsays...

No, They do not have profits in excess of $140 per year. And No they are not 1%ers

Sesame Workshop, formerly known as the Children's Television Workshop (CTW), is a Worldwide American non-profit organization behind the production of several educational children's programs that have run on public broadcasting around the world (including PBS in the United States).

Although Sesame Workshop is occasionally confused with PBS,[citation needed] Sesame Workshop is an entirely separate and independent organization. Some Workshop programs are broadcast on PBS, and although PBS provides some funding for those programs, the money received covers only a fraction of production costs. Other financial support comes from individual donors, charitable foundations, corporations, government agencies, program sales and licensed products. Sesame Workshop grants licenses to various manufacturers who create toys, apparel and other products featuring Sesame Street characters, and Sesame Workshop receives a portion of the proceeds.

On March 12, 2009, Sesame Workshop announced that it had planned to cut 20% of its workforce due to the recession.
-http://en.wikipedia.org/wiki/Sesame_Workshop

>> ^lantern53:

Sesame Street earns $140 million a year, but somehow they get 10% of that from the American taxpayer when they could easily make it and make it quite well, on their own.
Those folks are all 1%ers, aren't they?

Sagemindsays...

Sesame Workshop is a nonprofit educational 501(c)(3) organization with charitable, tax-exempt status. We maintain a balanced mix of revenue sources with support coming from foundations, corporations, government agencies, individuals, program sales, and product licensing. The Workshop uses the funding it receives to develop and produce multimedia initiatives that address critical needs of children in the U.S. and around the world. Through these projects, we are able to make a meaningful, measurable, and lasting difference in children’s lives.


CONSOLIDATED FINANCIAL STATEMENTS AND
SUPPLEMENTAL CONSOLIDATING SCHEDULES TOGETHER WITH
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
SESAME WORKSHOP AND SUBSIDIARIES
For the years ended June 30, 2011 and 2010

-http://www.sesameworkshop.org/about-us/financials.html

Sagemindsays...

Form 990 Return of Organization Exempt From Income Tax
Line 12: Total revenue does state $130.606,413

But that is before expenses - You forgot to read line 18
Line 18: Total Expenses states $129,997,556

A difference of $608,857 which would be their profit for the 2009 calendar/tax year beginning July 1, 2009 and ending June 30, 2010
>> ^lantern53:

Sesame Street earns $140 million a year, but somehow they get 10% of that from the American taxpayer when they could easily make it and make it quite well, on their own.
Those folks are all 1%ers, aren't they?


Also linked from: http://www.sesameworkshop.org/about-us/financials.html

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