Word: nonprofit
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Dates: during 1950-1959
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...high can taxes go? One tax expert is sure they can't go much higher Without killing off the taxpayer. In the current Saturday Evening Post, Roswell Magill, onetime Under Secretary of the Treasury and now president of the nonprofit Tax Foundation, describes in painfully homely terms the tax burden already carried by "Henry Suburban," an average income earner who commutes to work. Henry knows all about his heavy income tax and social security. But his life is also plagued by hidden taxes he rarely thinks about...
Last week, more certain than ever that there was a place for its uncommercial brand of radio, nonprofit KPFA came back on the air. As before, there was no commercial advertising, no sponsored shows, but there was plenty of classical music, drama, talks. Highlight of the first week: the BBC recording of Goethe's Faust, translated by Poet Louis MacNeice. Running time: three hours, 20 minutes...
...weeks ago, the commission reported that "the first consideration ... is the complete and permanent separation of the Long Island from control of the Pennsylvania." Doubting that any private company could make a go of the Long Island the investigators urged that the road be taken over by a nonprofit state authority, relieved of its real-estate taxes and empowered to set its own fares. Although the commission set the Long Island's debt to the Pennsy at $50 million, it urged a ceiling of $100 million on bonds to be issued by the authority and proposed that $67.5 million...
...Artists' Gallery was celebrating its 15th anniversary with a show of 96 happy alumni. Almost half of them, e.g., Josef Albers, Ad Reinhardt, Adolph Gottlieb, have graduated to commercial galleries which charge commissions and push the same painters year after year. The Artists' Gallery does neither. A nonprofit outfit, it measures success only by the number of worthwhile new artists to whom it gives a start. By that measurement, it is one of Manhattan's most successful...
...this nation reached the stage of material wealth when it can help, or at least not hinder, its nonprofit musical groups? Have we not as a people reached the stage when we want to be known as more than a nation of nuts & bolts, important as these...