Last Wednesday
(2/10/16) WBAI’s Treasurer, R. Paul Martin, distributed an internal memo
summarizing the current states-of-accounts for WBAI and Pacifica Foundation’s
national office. The bottom line is Deep
Red: WBAI is swimming in debt.
As of February 3, 2016, WBAI was about $956,000
in debt NOT including an unspecified amount owed to the national Pacifica
Foundation and other Pacifica stations. The national office has been keeping
the lights on at WBAI for several years.
Beyond the long-term debt, WBAI appears short of day-to-day operating cash. According to Martin’s memo:
• WBAI has not paid
for its transmission site atop the Empire State Building for two months. The
monthly fee for the site is $12,000.
• WBAI was $6,000
short of the money needed to make its February 1, 2016 payroll. Pacifica’s
national office made of the difference.
• WBAI’s off-air
fund raising events are not of sufficient magnitude to off-set losses in on-air
pledging. Too much money is being spent on premiums for large donors. Martin’s
memo says some of the premiums are of a nature to have negative impact on
WBAI’s listeners. [Martin.s words]
• KPFK, Los
Angeles, recently lost an initial round of arbitration with 18 employees. If
upheld, KPFK will owe a very large bill
to pay [Martin’s words] that may exceed $100,000. Plus, there are other
employee grievances still pending.
• Neither WBAI or
WPFW, Washington, DC currently have Business Managers and the accounting for
these stations is lagging behind. Martin says the delay makes it impossible to file overdue
audited financial statements. If Pacifica can’t get its FY2O15 audit done by
June, Martin says we
lose CPB grant money again. [NOTE: I don’t know if it is true
that Pacifica is still qualified to receive funding from CPB. I hope not
because, in my opinion. Pacifica is not deserving of this support.]
GARY NULL: FRIEND
OF FOE?
Potion and pill
promoter Gary Null has had a program on WBAI for 39 years. The Gary Null Show is still on WBAI Monday –
Friday from Noon to 1:00pm.
As
previously reported, in January 2015 Gary Null & Associates filed a lawsuit
in the United States District Court, Eastern District of New York, that alleges
copyright and trademark infringement. Martin’s memo says Pacifica can’t afford
to loose the suit because Pacifica’s insurance for such lawsuits has a $250,000
deductible.
Fundraising ties to Null are another area of concern.
According to Martin’s memo, Null recently conducted a raffle for one WBAI coontributor to attend a Null-sponsored wellnesss retreat.
The promotion brought in $200,000. WBAI’s proceeds were around
$6,000, 3% of the amount contributed. WBAI provided Null with oodles of free on-air
publicity. Martin says: There were
questions regarding the conformity of this arrangement to the charity laws of
New York.
Here is how WBAI promoted Null’s retreat on its website:
To show our appreciation,
we are offering the opportunity to be chosen for a free week-long retreat with
Gary Null at his Dallas, Texas facilities along with free airfare! The retreat,
Sunday, April 17th to Saturday, April 23rd, 2016 will include:
• A full
week of health supportive activities; Yoga, power walking, water aerobics, and
individualized gym exercises
•
Lectures on meditation, and self empowering themes by Gary who will do an
original lecture each evening for two hours
•
One free personalized health counseling session
•
Gourmet vegan meals, plus juices throughout the day
•
Free time to relax in natural settings to detoxify, rejuvenate and re-energize.
Make a pledge or become a
BAI Buddy by calling 212.209.2950
Most of the $200,000 apparently went to Null to pay for one WBAI contributor to attend the retreat. I wonder if Null charged WBAI for the Free
time to relax, detoxify, rejuvenate and re-energize.
Gary Null is like a
bad habit that WBAI and Pacifica can’t quit. He is a long-time
station personality who raises money for the station while he sues them at the same time. In my
opinion one of the major reasons for Null’s suit is build a legal wall around
him so WBAI can’t cancel his daily show.
Without this free exposure daily exposure in NYC, Null’s businesses would loose a valuable pipeline to
his customers.
No comments:
Post a Comment