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AIPROPX ReportNewsweek · 17m ago
The Kennedy Center Proves Conservatives Were Right About Woke Capital
0 Share Newsweek is a Trust Project member See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Kennedy Center’s finances have delivered conservatives inconvenient vindication—turn a product into a political loyalty test, and some customers will decide they can live without it.
Internal Kennedy Center projections leaked to the media show the institution expected roughly $124 million in revenue for fiscal 2026, against a $220 million budget, leaving a projected $23 million deficit even after major spending cuts. Ticket sales and donations had already weakened after President Donald Trump took control in February 2025, then fell more sharply after his name was added to the building.
In a fitting irony of the culture wars, the most striking part is how closely the mechanism resembles the consumer backlash conservatives spent years warning corporate America about.
Bud Light became the defining example of conservative backlash against corporate political branding in 2023, after a promotion involving transgender influencer Dylan Mulvaney triggered a boycott.
The conservative critique emerging from those episodes was straightforward—companies selling beer, clothes or household goods take a commercial risk when buying the product begins to feel like signaling political allegiance.
Enter the Kennedy Center, which now appears to offer a mirror image, seeming to reinforce the conservative argument while damaging the conservative brand.
Trump replaced much of its board and became chairman in February 2025, while the White House described the previous trustees as obsessed with “radical” ideology. By the following fall, the typical production in the Center’s three largest venues had sold or distributed at most 57 percent of available tickets, compared with 93 percent a year earlier, according to a Washington Post report.
Among National Symphony Orchestra classical concerts, paying attendance later fell to about 41 percent of capacity, from 72 percent in 2024.
Obviously, there is no scientifically sure way to determine that every lost ticket resulted from a politically-adjacent issue. There are tourism numbers to take into account, programming decisions and more. The Kennedy Center itself (obviously) disputes the narrative, arguing that Trump inherited years of financial mismanagement and was actually able to attract new donors for renovations.
Other examples also show that political branding doesn’t always destroy a business. Take Nike’s 2018 Colin Kaepernick campaign, which prompted boycott calls while online sales jumped immediately afterward, suggesting political positioning can work when it fits the customers a brand already has.
Trump’s political identity became attached to an institution whose paying audience included many people strongly opposed to him, sure. The customers then exercised the same power conservatives celebrated during the Bud Light backlash.
The irony is that Trump’s mistake may have been less about making the Kennedy Center conservative than about forgetting a conservative lesson about commerce—consumers don't have to defeat an institution politically; they can simply stop buying.
Behold, the unusual bipartisan lesson from the culture wars.
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