Dread Pirate #BrettKimberlin and Fund Raising

One of the complaints that TDPK has raised about bloggers who “harass” him by telling the truth about him is that their truth telling has had an effect on his ability to raise funds for his not-for-profits. That blogging began in 2010 and picked up during 2011. How did that affect his fund raising?jtmp20130204

This extract from the Justice Through Music Project IRS Form 990 for 2011 shows a significant rise in contributions from 2010 to 2011. Of course, without the Schedule B (which neither JTMP nor the IRS is obliged to publish), we don’t know if the increase is the result of more big donors, existing big donors increasing their support, or lots of small contributions. If the last case is what really happened, it could be that TDPK was having to work harder to raise money, and keeping track of more contributions would at least partially explain the skyrocketing accounting charges shown on the 990.

Or perhaps TDPK was merely blowing smoke when he claimed that the blogging seriously affected his business.

UPDATE–There is a significant drop in revenue shown between 2008 and 2009. That may have been caused, in part, by the economy tanking or the election cycle. It may also have been affected by the blogging done by Seth Allen as early as 2008. It was TDPK’s suit against Mr. Allen that got Aaron Walker involved, and it was the subsequent lawfare attack on Mr. Walker that drew the attention of this blog.

Some folks believe that there is more going on via TDPK’s Velvet Revolution US organization than JTMP. Could be, although the Form 990s indicate that more money is flowing through JTMP. (TDPK wouldn’t lie to the IRS, would he?) Based on the confirmed information turned up by the Vast Hogewash Research Organization, I can say that both “charities” have been involved in interesting activities.

Gentle Reader, please be patient. More will be revealed when the time is ripe.

2 thoughts on “Dread Pirate #BrettKimberlin and Fund Raising

  1. Contributions could follow the four-year presidential cycle. 2011 donations were 18% higher than in 2007. To match that pace he would have to raise about $659,000 in 2012.

  2. I have been concerned for some time about the co-mingling of funds among the two groups. “Although Justice Through Music and Velvet Revolution are separate non profits, JTM does serve as VR’s fiscal sponsor for 501c3 activities, so we need to know what you are supporting with your donation. Your tax receipt will say Justice Through Music.”

    Velvet Revolution is described on its 2010 990 as a 501 ( c)4 corporation. Donations to VR are NOT deductible as charitable contributions. Running VR donations through a charity is a major flag for accountants. Most CPA’s would have an issue unless JTM could clearly show that VR funds are never co-mingled with JTM funds. One way would be to have VR donations go into a separate bank account. The financial records for JTM should show those dollars as temporarily restricted until transferred.

Leave a Reply