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, 2021 and 2020.
Ministry Support and Revenues:
Ministry Support
$327,049
$297,935
Gifts in Kind
60,696
52,926
Other revenue and investment gain (loss), net
3,702
2,073
Total Ministry Support and Revenues
391,447
352,934
Ministry and program
296,989
312,546
Fundraising
28,198
32,187
General and administrative
14,875
16,845
Total Ministry Expenses
340,062
361,578
Other activities
4,565
(893)
Decrease in Net Assets
$55,950
$(9,357)
Cash and investments
$93,815
$50,492
Contributions receivable, net
68,842
60,988
Gifts in kind inventories
9,665
15,192
Other current assets
9,061
8,483
Fixed assets, net of depreciation
73,764
77,889
Other assets
28,659
25,748
Total Assets
$283,806
$238,792
Deferred gifts in kind revenue
$9,665
$15,192
Other liabilities
24,071
28,155
Long-term debt
55,530
56,855
Total Liabilities
89,266
100,202
Net Assets
194,540
138,590
Total Liabilities and Net Assets
$283,806
$238,792