“Anyone who can read this can easily see that the vast majority of expenses goes towards the programs. “
They go to program expenses. What’s the breakdown of program expenses?
That is the only legitimate question that remains. I suspect that the presentation of benefit concerts IS a program expense, in itself. I suspect that program expenses will be approximately $5.1 million to concert presentation, and $1.0 million to payouts for soldier injuries and scholarships. If I’m right, Schlussel is correct in her analysis of payouts. It won’t make it illegitimate as a charity, but the “program expenses” are misleading.