Logo for "CAPITOL BROADCASTING ASSOCIATION INC"

CAPITOL BROADCASTING ASSOCIATION INC

CAPITOL BROADCASTING ASSOCIATION INC

Austin, TX, US
501(c)3
EIN
74-6076827
Logo for "CAPITOL BROADCASTING ASSOCIATION INC"

CAPITOL BROADCASTING ASSOCIATION INC

Austin, TX, US
501(c)3
EIN
74-6076827

Overview

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Est.

1965

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Capitol Broadcasting Association Inc, operating under the brand KMFA Classical 89.5, is a nonprofit organization dedicated to providing exceptional classical music experiences to approximately 80,000 listeners weekly in Central Texas. With an operating budget of $3.2 million and total revenue of $2.9 million for the 2024 filing year, KMFA supports local cultural resources through broadcasts of local music performances and various outreach programs, including a musical instrument drive and a summer radio camp for children. The organization does not rely on a single funder for 50% or more of its revenue, ensuring diverse financial support for its mission to inspire and restore the human spirit through classical music.

Mission Statement

CLASSICAL MUSIC INSPIRES AND RESTORES THE HUMAN SPIRIT. KMFA CLASSICAL 89.5 HANDCRAFTS EXCEPTIONAL CLASSICAL MUSIC EXPERIENCES ON-AIR, ONLINE, AND IN COMMUNITY. KMFA 89.5 IS AN INDEPENDENT PUBLIC CLASSICAL RADIO STATION PROVIDING A 24/7 CLASSICAL MUSIC SERVICE TO APPROXIMATELY 80,000 LISTENERS EACH WEEK. KMFA BROADCASTS PERFORMANCES OF LOCAL MUSIC GROUPS, EXPANDING APPRECIATION OF LOCAL CULTURAL RESOURCES. KMFA ENCOURAGES ARTS EDUCATION AND SUPPORTS THE CENTRAL TEXAS COMMUNITY WITH OUTREACH PROGRAMS SUCH AS AN ANNUAL MUSICAL INSTRUMENT DRIVE, A SUMMER RADIO CAMP FOR KIDS, AND STATION TOURS FOR YOUTH AND ADULT GROUPS.
Revenues

$2.9M

Expenses

$3.2M

Net Income:
-$361.7K
Assets

$10.2M

Liabilities

$458.2K

Net Assets:
+$9.8M
Operating Budget

$3.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

10

Median grant size
$39.9K
Largest grant received
$180.5K
G
George Preston
Board Member
C
Claude Ducloux
Board Member
C
Charles Bailey
Board Member

Frequently Asked Questions

What is CAPITOL BROADCASTING ASSOCIATION INC’s budget?
In 2024, CAPITOL BROADCASTING ASSOCIATION INC reported an annual operating budget of around $3.2 million. More detailed financial information is available to registered users.
What causes does CAPITOL BROADCASTING ASSOCIATION INC support?
CAPITOL BROADCASTING ASSOCIATION INC supports work in Communication media.
Where does CAPITOL BROADCASTING ASSOCIATION INC operate?
CAPITOL BROADCASTING ASSOCIATION INC is headquartered in Austin, TX.
Who funded CAPITOL BROADCASTING ASSOCIATION INC recently?
In 2025, CAPITOL BROADCASTING ASSOCIATION INC received grants from CORPORATION FOR PUBLIC BROADCASTING, AMERICAN ONLINE GIVING FOUNDATION INC, and Journalism Funding Partners. More information on this organization’s funders is available to registered users.
What is the largest grant CAPITOL BROADCASTING ASSOCIATION INC received in 2024?
The largest grant to CAPITOL BROADCASTING ASSOCIATION INC in 2024 exceeds $180 thousand.
What is CAPITOL BROADCASTING ASSOCIATION INC’s reliance on government grants?
CAPITOL BROADCASTING ASSOCIATION INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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