Ah yes, here we are, in the week of one of our great secular holidays. Maybe the great secular holiday in America. Except that the NFL is, perhaps, closer to a religion than we care to admit. Don’t we worship our teams? Aren’t these gods we scream for? Isn’t this sweaty, feverish feeling something akin to devotion? The agony and ecstasy?
Let’s set that aside and look at some cheaters. In particular, a nonprofit organization that is doing rather well for itself:
[The organization’s] most recent Form 990 filed with the IRS ended on March 31, 2012. They claimed revenue of $255 million, up from $240 million in 2011. So, if you were concerned, things are good. [The organization] has assets of over $822 million.
Does it pay taxes on that money? Well, of course not. As a charitable, nonprofit organization, there’s no need.
Which nonprofit would we like to see bring in all that revenue? UNICEF? American Cancer Society? The Red Cross?
How about… the NFL!!!
The NFL, if you didn’t realize it, exists as a 501 c 6 organization. It’s not for profit!
Aha, you say. This is a trick. The NFL is fairly run as a nonprofit organization. They’re basically a shell, a collection of thirty or so for-profit entities (the teams). All the NFL does is look out for their interests, conduct their joint marketing efforts, hire referees, put in place some rules… this is probably how all the professional sports leagues, do it. Right?
And if you’re wondering, neither Major League Baseball nor the National Basketball Association is registered as a charity, foundation or trade organization. They each gave up their tax-free status years ago.
Okay, okay. So they have a lot of money. They probably need to spend it on things – like healthcare and pensions for former players. Right?
[I]n 2012, NFL commissioner Roger Goodell was paid $29.5 million to run the organization.
Wait, what? How can Gooddell earn that much? Is that comparable to the heads of other nonprofit organizations? Well… not really.
So this guy, this fatcat, earns $29.5 million per year? And the organization who pays it to him doesn’t have to pay any taxes on its earnings? What can possibly justify this?
In order to have that status, the NFL must be run as a charitable foundation.
Maybe I spoke too soon! They’re probably giving it all away. Back to the kids, the kids in hospitals, the ones with leukemia, the many, many kids who idolize them. The selflessness of the NFL brings a tear to the eye…
In 2012, they gave away a meager $2.3 million.
That’s it? That would barely cover Gooddell’s parking space. What did they spend the two point three million on? (Please say the kids, please say the kids…)
Almost all of it–$2.1 million– went to the NFL Hall of Fame.
For running their own damn hall of fame? That’s it? No taxes because of one of their marketing tools… I do have a tear in my eye. I weep for America. The Greatest Cheated Country in the History of the World.
Previously in Who’s Cheating America: