You can't make USATF into a charity with a single public spectacle since USATF has sports with many competition levels, coaches, certified officials, and events through out the year. Every federation in our sport uses USATF officials.
The problem is the USATF charter is outdated. It was written in the days when there were only four TV networks (CBS, NBC, ABC, PBS), and four major pro sports (NBA, NHL, NFL, MLB). Now there are thousands of TV networks, and hundreds of professional sports. The USATF CEO has little power and would really have the title of VP of Operations, Executive Director, or Executive Producer, in any other organization.
USOC and Congress need to reorganized USATF and split it into two units, 1) a professional sports league with Elite T&F, High Performance and Long Distance Running, headquartered in West L.A./Santa Monica, and 2) legacy amateur/masters/youth/Ultra units remaining in Indianapolis.