Quote:
Originally Posted by LuvtheVillages
Like most non-profits, I'm sure they needed to purchase equipment, pay utilities, have insurance, and hire employees. The $5 donation allows them to pay these normal operating expenses. Whether the donations were sufficient to generate a surplus, or if there was a deficit, we don't know.
Even a non-profit organization needs operating cash.
|
I agree, but it appears that the only reason for becoming a non-profit was because it would be illegal to charge people to watch free over-the-air channels. They could be sued by the free networks. Many people who set up and operate non-profit companies pay almost all of the extra income to themselves as a salary. Also, there are many streaming services that provide pay channels for about the same cost as the donations that Locast asked for.