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About Our Ministries

About us

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, 2018 and 2017.

Statements of Activities - Condensed (in thousands)
2018
2017
Ministry Support and Revenues:
Ministry Support
$331,768
57.2%
$312,406
48.9%
Gifts in Kind
245,919
42.5%
322,630
50.5%
Other revenue and investment gain, net
1,598
0.3%
3,943
0.6%
Total Ministry Support and Revenues
579,285
100.0%
638,979
100.0%
Ministry Expenses:
Ministry and program
524,767
91.3%
589,523
92.4%
Fundraising
31,899
5.5%
31,437
4.9%
General and administrative
18,157
3.2%
17,194
2.7%
Total Ministry Expenses
574,823
100.0%
638,154
100.0%
Other revenues and gains, net
678
350
Increase (decrease) in Net Assets
$5,140
$1,175
Statements of Financial Position - Condensed (in thousands)
2018
2017
Assets:
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
Liabilities:
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
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