Occupy Protests One-Percenter Big Bird
…well not actually, but since that inane operation sorely lacked validity from beginning to end, our ancillary point is made.
The Corporation for Public Broadcasting receives $450 million annually from Congress, of which $280 million goes to PBS and local stations. Federal money comprises 12% of the PBS budget. Yes, this $450 million represents only 0.007 % of Federal spending, but it’s arguable that a budget in which a half billion is only 0.007 % is itself a disaster.
Non-profits such as the CPB are required to file IRS form 990. Accordingly, in 2008 Sesame Workshop CEO Gary Knell received $956,513 in compensation. From 2003 to 2006, Sesame Street made more than $211 million from toy and consumer product sales – roughly $50 million per year. Thus, the annual income of Big Bird’s corporation is about four times greater than that of Mitt Romney.