And that’s just weird. Accounting and finances bore me, but there’s something funny going on with AiG and the Ark Park. I expressed some mild skepticism about Ken Ham’s claim that the debate with Bill Nye brought in enough money to fund their theme park; it just seemed odd that a project that had been languishing in the doldrums for years and was facing imminent cancellation could be so revitalized by a debate that their founder lost. Suddenly AiG has gotten awfully cagey about saying how much they’ve raised, as well.
They still aren’t saying. But I thought this brief statement was suggestive. This is AiG replying to a question about how much was raised to meet the requirements for advancing construction.
Mike Zovath, the Ark project coordinator, said the minimum amount was sold, which constituted most of the bonds, and AiG purchased some. They did not provide exact figures.
They aren’t saying! They aren’t saying anything at all! But that one phrase in there, that AiG purchased some of the bonds, is suggestive: AiG and the Ark Park are supposed to be independent ventures. It looks like maybe someone did some creative accounting and shuffled funds from one enterprise, Answers in Genesis, to another, the Ark Park, to meet minimal requirements for the project.
If that’s the case, it means that their progress towards building their silly theme park may look like a win for them, but what they’re really doing is gambling the whole of Answers in Genesis on its success.
Which is why I would really like to see their financial disclosures. I wouldn’t be surprised if their tax forms for this year reveal a massive loss for AiG.