Headed to 'Nerd Prom'? Where's The Money Going?

The hottest ticket of the year, is this weekend's White House Correspondents' Dinner in Washington DC. Every year, the most high profile talent, executives and Hollywood celebrities rub elbows with West Wing staffers.

The organization claims the primary goal of the event, is to raise money for scholarships. But a piece in Washingtonian, shows that may not be the case. To put it simply, the WHCA spent 60-percent of its revenue on scholarships in 2009. In 2014, that number dropped to 21.5-percent; even though revenue increased by a whopping 162-percent.

So, while journalists are supposed to be the watchdog for the public, who, besides Washingtonian, is watching the journalists that run WHCA?

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