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, 2020 and 2019.
Ministry Support and Revenues:
Ministry Support
$297,935
$320,721
Gifts in Kind
52,926
91,979
Other revenue and investment gain (loss), net
2,073
3,364
Total Ministry Support and Revenues
352,934
416,064
Ministry and program
312,546
374,193
Fundraising
32,187
32,254
General and administrative
16,845
17,475
Total Ministry Expenses
361,578
423,922
Other activities
(893)
309
Decrease in Net Assets
$(9,357)
$(7,549)
Cash and investments
$50,492
$51,123
Contributions receivable, net
60,988
67,164
Gifts in kind inventories
15,192
8,556
Other current assets
8,483
8,652
Fixed assets, net of depreciation
77,889
82,061
Other assets
25,748
26,194
Total Assets
$238,792
$243,750
Deferred gifts in kind revenue
$15,192
$8,556
Other liabilities
28,155
28,822
Long-term debt
56,855
58,245
Total Liabilities
100,202
95,623
Net Assets
138,590
148,127
Total Liabilities and Net Assets
$238,792
$243,750