The Crystal Cathedral, which has seen more than a 30 percent dip in revenues, has been trying to sell off properties to bridge a $55 to $70 million budget deficit. At least 100 employees have been laid off over the last year or so.
The Schullers will take a 50% pay cut the next four pay periods. Inquiring minds wonder how much that would be. What is going on? Is the monetary shortfall due to the economy alone? Do people find the ministry style no longer appealing? What's the story? [more...]