Overview

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Est.

1965

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CAPITOL BROADCASTING ASSOCIATION INC is a nonprofit organization dedicated to enhancing the human spirit through classical music via its independent public radio station, KMFA Classical 89.5, which serves approximately 80,000 listeners each week in Central Texas. With an operating budget of $3.2 million and total revenue of $2.9 million for the 2024 filing year, the organization relies on support from major funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND and DONOR ADVISED CHARITABLE GIVING INC, among others, and does not depend on any single funder for 50% or more of its revenue. KMFA also promotes local cultural appreciation through community outreach programs and arts education initiatives. For more information, visit www.kmfa.org.

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

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.