Word: nonprofits
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Dates: during 1980-1989
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...along with his wife Doris. Opening day was Feb. 1, 1986. They served 134 people in their new $34,000 building. Last year they took in $51,000, about $11,000 of that a clear profit. Today they owe only about $5,000 on their mortgage. "We're a nonprofit organization," volunteered Walter Barbknecht, who owns a striking resemblance to Mortimer Snerd. "When we're making money and not owing money, it has to be spent in the community. The park needs some equipment. And we just voted $1,000 to a feller that had a heart-bypass operation...
...Meanwhile, the state consumer-affairs office is checking out complaints from Lifetime Partners who have been refused promised hotel visits. The IRS is so intrigued by the flow of cash that it has opened a temporary field office at Heritage USA. Federal tax laws state that officials' remuneration from nonprofit organizations must be "reasonable," which might mean deep trouble for the Bakkers and their well-paid former executives...
Subtitled The Documented Day-by-Day Account of the Secret Military Assistance to Iran and the Contras, The Chronology is the maiden effort of the National Security Archive, a nonprofit institute opened in October by former Washington Post Reporter Scott Armstrong. Using the Freedom of Information Act to obtain Government documents, the group acts as a clearinghouse for journalists and scholars researching issues from nuclear strategy to Central America...
...Broadway often thinks of itself as the "regional theater" of New York City. Part of its affinity with the theatrical provinces is financial. Although there are occasional commercial ventures, the off-Broadway scene, like the regionals, tends to be dominated by nonprofit companies sustained through donations. The bond is also aesthetic. The nonprofit troupes usually measure success artistically rather than at the box office and eagerly nurture esoteric work -- chamber musicals, offbeat new plays, quirky revivals...
...area could support wild animals on a scale ; unseen since Lewis and Clark came through in 1805. Tourists would flock in to watch the deer and the antelope play, hunters to stalk elk and perhaps 75,000 bison. Scott presented his plan in Missoula last month to the nonprofit Institute of the Rockies and heard nary a discouraging word. The institute is raising funds for a study...