The absolute hypocrisy of the Watchtower is apparent when they put out magazine articles, Governing Body videos, and local pleas for contributions indicating that one of the major expenses to the Society is the cost of conventions being held worldwide. They treat conventions as contributing toward their "expenses" - when in reality they are income producing "cash cows." And they have been for years.
We all imagined the costs associated with the Society's "International Conventions" (1950, 1953, 1958, 1960, 1963, etc.) that were held in massive stadiums and ballparks. When you think that 250,000 attended the last Sunday meeting in New York in 1958 (spread across two major league baseball stadiums and a fair sized trailer camp) - just imagine if every attendee contributed just $1.00. That's a quarter million dollars for just one day! And that convention and the one in 1953 were both eight-day conventions with contribution boxes spread around everywhere and income producing food service tents in all three locations as well (using mostly contributed supplies and groceries). I have no idea how much "International" conventions actually produced in cash and other donations, but I heard from sources connected with the early 1960 conventions that "all expenses were paid well before the weekend sessions began." What is not usually mentioned is that many local businesses and suppliers also donated funds toward the conventions because they knew their business would benefit greatly (restaurants, gas stations, hotels, etc.) by having such huge crowds flood into New York during weeks when no baseball games were scheduled.
I was fortunate to get to know a former Bethelite that served in New York HQ during the 1950s who was a helper to the NWT translation committee. Among other things he shared with me was the fact that the Watchtower never failed to make huge amounts of money from the summer conventions. Only a few, mostly in southern Europe, failed to make huge profits. In some cases, stadium rents were reduced or paid for by local businesses just to get the huge influx of new visitors during weeks when new customers were limited.
What we all need to recognize is that the Watchtower is made up of several corporations. Few, if any, lose a dime and all have carryover income into the next year no matter what the expenses may have been. Even with all of the payouts, the WT may have to make to cover legal expenses and settlements for child abuse cases each year, those expenses barely make a dent in their bottom line. Then add on the profits from selling all those buildings in Brooklyn and New York City...
The reality is that the Watchtower should never have to plead for money. They have plenty and their cash flow is extensive and continuous. They have cash and investments scattered in family and small non-profits in the USA and other countries. They are like Scientology and the Latter Day Saints organizations - major cash cows that face no real tax liabilities with any consequence. And the side benefits include having control over the hearts and minds of thousands of mental slaves - slaves in hearts, minds, and bodies - to their fairy tale, made up, and clearly unsupportable "religious teachings." They are just another segment of the classic TV preachers who spend all their time begging for money and yet giving nothing back to the poor and confused they are supposed to be serving.
JV