Thread: Obama DNC. Team Big Bird
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Old 10-10-2012, 06:39 PM   #72
qabbaan qabbaan is offline
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Quote:
Originally Posted by qabbaan View Post
There is a for-profit entity which owns the licensing IIRC
Correcting myself here:

Quote:
As of June 2011, according to this last set of financial statements, Sesame Workshop had:

- $289 million in total assets, including $29 million in cash, $47 million in receivables and $121 million in investments on their balance sheet;

- $232 million in net assets (after accounting for liabilities);

And yes, according to their own financial statements, Big Bird and his friends are invested in both private equity funds and hedge funds.

Now, what about the revenue, or money that Sesame Workshop takes in before expenses, from Sesame Street and related content and products? In 2011, Sesame Workshop made:

- Nearly $47 million from licensing;

- Around $42 million from distribution fees and royalty fees;

That amount totals nearly $90 million, before adding in support from corporate sponsors, donations and government grants to get to a total of more than $134 million in total revenues for the year.

Also, as a nonprofit 501(c)(3)corporation, it is not required to pay certain taxes. It does have some for-profit subsidiaries consolidated into its financial statements.
http://www.huffingtonpost.com/carol-...b_1947902.html

My first Huffpo article! Now I'm gonna go purge my iPad.
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