Financial Accountability
CBN's financial statements are audited by our independent auditors, KPMG LLP. View the complete audited statements here.
If you would like a copy of our audited statements mailed to you, please write to:
Public Relations Department
The Christian Broadcasting Network, Inc.
977 Centerville Turnpike
Virginia Beach, Virginia 23463-1001
CBN is a member of the Evangelical Council for Financial Accountability (ECFA).
Below is the condensed financial information for the years ended March 31, 2022 and .
Statement of Activities - Condensed (in thousands)
2022
Ministry Support and Revenues:
Ministry Support
$321,464
Gifts in Kind
55,365
Other revenue and investment gain, net
19,112
Total Ministry Support and Revenues
395,941
Ministry Expenses:
Ministry and program
301,925
Fundraising
32,331
General and administrative
17,377
Total Ministry Expenses
351,633
Other activities
1,223
Increase in Net Assets
$45,531
Statements of Financial Position - Condensed (in thousands)
2022
Assets:
Cash and investments
$138,900
Contributions receivable, net
71,907
Gifts in kind inventories
8,073
Other current assets
12,775
Fixed assets, net of depreciation
73,705
Other assets
23,357
Total Assets
$328,717
Liabilities:
Deferred gifts in kind revenue
$8,073
Other liabilities
26,240
Long-term debt
54,333
Total Liabilities
88,646
Net Assets
240,071
Total Liabilities and Net Assets
$328,717