Easter Sunday Funnies: David Miscavige has risen, & Scientology has more money than ever! - 2014-04-20
Hey kids, happy Easter Sunday! We have a selection of treats for you to hunt down this morning, and we're starting off with another surprising tax document that shows the astounding wealth of the Church of Scientology!
Jeffrey Augustine has been helping us find these gems, and he tells us this one is hot off the presses — it's the 2012 return by the Church of Scientology International, the mother church as it were. This is again a 990-T form, which reflects "unrelated business income" that since 2006 even churches have been required to submit if they're taking in money unrelated to their main purpose. We're less interested in the relatively small amounts of revenue listed on these documents than we are a single figure that appears on the first page — the entity's "book value." This is an estimate based on CSI's total assets, including real estate.
And for 2012, it's a seriously big number: $846,314,618