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, 2018 and 2017.
Ministry Support and Revenues:
Ministry Support
$331,768
$312,406
Gifts in Kind
245,919
322,630
Other revenue and investment gain, net
1,598
3,943
Total Ministry Support and Revenues
579,285
638,979
Ministry and program
524,767
589,523
Fundraising
31,899
31,437
General and administrative
18,157
17,194
Total Ministry Expenses
574,823
638,154
Other revenues and gains, net
678
350
Increase (decrease) in Net Assets
$5,140
$1,175
Cash and investments
$49,533
$46,875
Contributions receivable, net
70,720
64,182
Gifts in kind inventories
19,328
111,761
Other current assets
8,132
8,802
Fixed assets, net of depreciation
87,008
91,446
Other assets
28,108
27,764
Total Assets
$262,829
$350,830
Deferred gifts in kind revenue
$19,328
$111,761
Other liabilities
28,371
27,992
Long-term debt
59,454
60,541
Total Liabilities
107,153
200,294
Net Assets
156,676
150,536
Total Liabilities and Net Assets
$262,829
$350,830