Skip to main content

Nonprofit · EIN 74-6076827

CAPITOL BROADCASTING ASSOCIATION INC

Tax-exempt · AUSTIN, TX 78702

Financials

$2.7M$3.1M2023$2.9M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of CAPITOL BROADCASTING ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,863,307$3,225,049-$361,742$10,221,203$458,248$9,762,955
December 31, 2023990$2,694,052$3,073,313-$379,261$10,666,709$585,607$10,081,102
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,273,278
of which government grants
$13,500
Membership dues
$1,454,002
Program service revenue
$337,001
Investment income
$16,789
Royalties
$363
Net rental income
$225,720
Net gain from sales of assets
-$111
Net income from fundraising events
$10,156
Other revenue
$236,239

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$276,613
Other salaries and wages
$1,250,265
Salaries, compensation and benefits (total)
$1,839,593
Professional fundraising fees
$0
Legal fees
$2,735
Accounting fees
$33,796
Occupancy
$135,006
Travel
$1,013
Depreciation
$322,404
Program services (functional)
$1,364,004
Management and general (functional)
$816,552
Fundraising (functional)
$1,044,493

Balance sheet and other

Total assets, start of year
$10,666,709
Total assets, end of year
$10,221,203
Total liabilities, end of year
$458,248
Net assets, end of year
$9,762,955
Land, buildings and equipment
$8,732,929
Publicly traded securities
$154,012
Net assets without donor restrictions
$9,284,961
Net assets with donor restrictions
$477,994
Gross unrelated business income
$196,925
Gross receipts
$2,865,270
Employees
34
Volunteers
20
Year formed
1965
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GEORGE PRESTONPRESIDENT/CEO
Officer
40$157,620$17,642
REX WHIDDONDIRECTOR OF FIN & ADMIN-FEB TO DEC 2024
Officer
40$83,705$6,756
ANNE PETERSONDIRECTOR OF FIN & ADMIN-JANUARY 2024
Officer
40$9,615$1,275
SORIYA ESTESTRUSTEE
Trustee or director
2$0$0
EDWINA CARRINGTONVICE CHAIR
Trustee or director, Officer
2$0$0
MICHELLE ROSENBLATTTREASURER
Trustee or director, Officer
2$0$0
ANDREW TEAGLECHAIR
Trustee or director, Officer
2$0$0
GRAHAM CUMBERBATCHTRUSTEE
Trustee or director
2$0$0
CHARLES BAILEYTRUSTEE
Trustee or director
2$0$0
MANDY DEALEYTRUSTEE
Trustee or director
2$0$0
CLAUDE DUCLOUXTRUSTEE
Trustee or director
2$0$0
DOUG EICHERSECRETARY
Trustee or director, Officer
2$0$0
DONALD GRANTHAMTRUSTEE
Trustee or director
2$0$0
ZAZ FLOREANITRUSTEE
Trustee or director
2$0$0
LOU ANN LASHERTRUSTEE
Trustee or director
2$0$0
7 more people on this return
NameTitleHours / weekCompensation
MARK LYONTRUSTEE
Trustee or director
2$0
CELESTE TAYLORTRUSTEE
Trustee or director
2$0
STEVEN MOORETRUSTEE
Trustee or director
2$0
RON OLIVEIRATRUSTEE
Trustee or director
2$0
DAVID PINCKNEYTRUSTEE
Trustee or director
2$0
CATHERINE WILDERMUTHTRUSTEE
Trustee or director
2$0
KEN STEINTRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
GEORGE PRESTONPRESIDENT/CEO
Officer
40$143,590$6,302
MARIE SELFRIDGEUNDERWRITING ACCOUNT EXECUTIVE
Highest-paid employee
40$103,140$8,094
ANNE PETERSONDIRECTOR OF FINANCE & ADMI
Officer
40$84,496$12,843
SORIYA ESTESCHAIR
Trustee or director, Officer
2$0$0
EDWINA CARRINGTONVICE CHAIR
Trustee or director, Officer
2$0$0
MICHELLE ROSENBLATTTREASURER
Trustee or director, Officer
2$0$0
ANDREW TEAGLESECRETARY
Trustee or director, Officer
2$0$0
GRAHAM CUMBERBATCHTRUSTEE
Trustee or director
2$0$0
CHARLES BAILEYTRUSTEE
Trustee or director
2$0$0
MANDY DEALEYTRUSTEE
Trustee or director
2$0$0
CLAUDE DUCLOUXTRUSTEE
Trustee or director
2$0$0
DOUG EICHERTRUSTEE
Trustee or director
2$0$0
DONALD GRANTHAMTRUSTEE
Trustee or director
2$0$0
ZAZ FLOREANITRUSTEE
Trustee or director
2$0$0
LOU ANN LASHERTRUSTEE
Trustee or director
2$0$0
MARK LYONTRUSTEE
Trustee or director
2$0$0
LAVONNE P MASONTRUSTEE
Trustee or director
2$0$0
STEVEN MOORETRUSTEE
Trustee or director
2$0$0
RON OLIVEIRATRUSTEE
Trustee or director
2$0$0
CAROL WALSH-KNUTSONTRUSTEE
Trustee or director
2$0$0
NANCY SCANLANTRUSTEE
Trustee or director
2$0$0
KEN STEINTRUSTEE
Trustee or director
2$0$0
CATHERINE WILDERMUTHTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
41 NAVASOTA ST KMFA CLASSICAL 895, AUSTIN, TX 78702-5340
Principal officer (990 for 2024)
GEORGE PRESTON, 41 NAVASOTA, AUSTIN, TX 78702
Signed the 990
GEORGE PRESTON, CHIEF EXECUTIVE OFFICER
Phone
(512) 476-5632
Return prepared by
BROWN GRAHAM AND COMPANY PC

Mission

CLASSICAL MUSIC INSPIRES AND RESTORES THE HUMAN SPIRIT. KMFA HANDCRAFTS EXCEPTIONAL CLASSICAL MUSIC EXPERIENCES ON-AIR, ONLINE, AND IN COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • KMFA IS A RARE, NON-COMMERCIAL, NOT-FOR-PROFIT, INDEPENDENT CLASSICAL MUSIC BROADCASTER ORIGINATING FROM AUSTIN, TEXAS COVERING A 60-MILE RADIUS IN CENTRAL TEXAS AND STREAMING GLOBALLY THROUGH OUR MOBILE APP AND THROUGH OUR WEBSITE AT KMFA.ORG. KMFA BROADCASTS NATIONALLY AND LOCALLY PRODUCED CLASSICAL MUSIC PROGRAMMING TO APPROXIMATELY 100,000 LISTENERS PER WEEK. LOCAL PROGRAMS SUCH AS CLASSICAL AUSTIN SUPPORT AND PROMOTE THE CENTRAL TEXAS ARTS COMMUNITY, WITH INTERVIEWS AND NEWS ABOUT CULTURAL EVENTS. ONE LOCALLY PRODUCED PROGRAM, EARLY MUSIC NOW, IS SYNDICATED TO RADIO AUDIENCES AT OVER 45 RADIO STATIONS AROUND THE COUNTRY. LISTEN LOCAL BROADCASTS FEATURE THE AUSTIN SYMPHONY ORCHESTRA AND AUSTIN OPERA, BRINGING THESE IMPORTANT PERFORMANCES TO COUNTLESS LISTENERS WHO OTHERWISE MIGHT NOT BE ABLE TO ATTEND IN PERSON. IN ADDITION TO OUR TERRESTRIAL FM SIGNAL, MOBILE APP, AND WEBSITE STREAM, KMFA GIVES OUR LISTENERS AND REGION A WIDE RANGE OF ACCESS THROUGH LIVE PERFORMANCES AND OTHER COMMUNITY AND PROMOTIONAL EVENTS IN OUR PERFORMANCE SPACE.
    Expenses $1,364,004 · revenue $140,076

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-6076827
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1966
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,221,203
Income (IRS master file)
$2,865,270

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990-TDecember 2024–––IRS
990December 2023$2,694,052$3,073,313$10,666,709IRS
990-TDecember 2023–––IRS
990December 2022$2,246,779$2,742,088$11,120,688IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CAPITOL BROADCASTING ASSOCIATION INC

What is the EIN of CAPITOL BROADCASTING ASSOCIATION INC?
The employer identification number (EIN) of CAPITOL BROADCASTING ASSOCIATION INC is 74-6076827.
Is CAPITOL BROADCASTING ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to CAPITOL BROADCASTING ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPITOL BROADCASTING ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAPITOL BROADCASTING ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPITOL BROADCASTING ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CAPITOL BROADCASTING ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names GEORGE PRESTON.
Who are the officers and directors of CAPITOL BROADCASTING ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 22 people; 3 received compensation from the organization, the highest $157,620 (GEORGE PRESTON, PRESIDENT/CEO).
How much revenue does CAPITOL BROADCASTING ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,863,307, expenses of $3,225,049 and total assets of $10,221,203 at year end.

Other nonprofits in AUSTIN

All nonprofits in AUSTIN · Texas