Overview

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Est.

1965

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CAPITOL BROADCASTING ASSOCIATION INC is the nonprofit behind KMFA Classical 89.5, an independent public classical radio station serving about 80,000 listeners each week through on-air, online, and community programming in Central Texas. With a 2024 operating budget of $3.2M and $2.9M in revenue, it supports classical music, local cultural resources, and arts education through initiatives such as an instrument drive, summer radio camp, and station tours; its largest listed funder is Corporation for Public Broadcasting, which provided $2.6M.

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
Charles Bailey
Board Member
S
Steven Moore
Board Member
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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 2026, CAPITOL BROADCASTING ASSOCIATION INC received grants from CORPORATION FOR PUBLIC BROADCASTING, CORPORATION FOR PUBLIC BROADCASTING, and AMERICAN ONLINE GIVING FOUNDATION INC. 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.