After announcing plans last weekto gut the Kennedy Center Board of Trustees, President Trump was officially elected chairman of the arts and culture hub Wednesday by a board made up largely of his new appointees.

For the arts institution, which receives only a small portion of its budget from federal funding, the perennial challenge is to raise additional revenue through ticket sales and private donations.

Until a few weeks ago, the biggest news to come out of the Kennedy Center in Washington, D.C., was its annual celebration of notable American artists.