Capitol Broadcasting Association INC

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Classical music inspires and restores the human spirit. Kmfa classical 89.5 handcrafts exceptional classical music experiences on-air, online, and in community. Kmfa 89.5 is an independent public classical radio station providing a 24/7 classical music service to approximately 80,000 listeners each week. Kmfa broadcasts performances of local music groups, expanding appreciation of local cultural resources. Kmfa encourages arts education and supports the central texas community with outreach programs such as an annual musical instrument drive, a summer radio camp for kids, and station tours for youth and adult groups.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-6076827) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
42¢ of each $1 spent went to programs.
Run by 35 volunteers and 19 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $427K a year · 14% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
42%
of spending
42% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$251K
to officers and key staff · 8% of spending
Pay to officers and key staff is 8% of spending.
Part VII, Section A
2.8 mo
of spending, in cash
2.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$458K
4% of total assets
Liabilities are 4% of assets.
Pt X · Ln 26
Independent board members
19
of 19 voting members
19 of 19 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.9M
+6% vs prior year
Spent
$3.2M
To programs
42%
Net assets
$9.8M
By yearFY2020–FY2024
Revenue
$2.9M
FY2024▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.3M
FY2021$3.7M
FY2022$2.2M
FY2023$2.7M
FY2024$2.9M
Expenses
$3.2M
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$2.4M
FY2022$2.7M
FY2023$3.1M
FY2024$3.2M
Net assets
$9.8M
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.7M
FY2021$11.0M
FY2022$10.5M
FY2023$10.1M
FY2024$9.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

42 cents of each dollar spent went to programs.

Program services 42% · $1.4M Management & general 25% · $817K Fundraising 32% · $1.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

22 people listed on the 990; $251K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President/CEO
$157,620Pt VII · Sec A
Director of Fin & Admin-Feb to Dec 2024
$83,705Pt VII · Sec A
Director of Fin & Admin-January 2024
$9,615Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
George Preston$157,620$143,590——
Ann Wilson——$129,531$110,295
Marie Selfridge—$103,140——
Anne Peterson$9,615$84,496$82,660$79,612
Rex Whiddon$83,705———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Capitol Broadcasting Association INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Broadcasts classical music, supports arts education, and engages the community through outreach.

Questions for Capitol Broadcasting Association INC

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1 program · $1.4M · in their own filed words · FY2024
01

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.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-6076827) · Dispute this line
$1.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$22K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.9M
Ln 12
Gifts and grantsLn 1h$2.3M
Fees for servicesLn 2g$337K
Other incomeLn 4–11$236K
Money outPt IX
$3.2M
Ln 25
Programscol B$1.4M
Managementcol C$817K
Fundraisingcol D$1.0M
Owns and owesPt X
$9.8M
net assets · Ln 32
Cash and savingsLn 1–2$746K
Total assetsLn 16$10.2M
LiabilitiesLn 26$458K
PeoplePt VI, VII
22
listed · VII A
PaidVII A3
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Government grantsLn 1e$14K
Noncash giftsLn 1g$2K
Fees for servicesLn 2g$337K
Investment incomeLn 3$17K
Other incomeLn 4–11$236K
Gains on assetsLn 7−$111
Total revenueLn 12$2.9M
Assets in detailPt X, end of year
CashLn 1$604K
SavingsLn 2$142K
Cash and savings togetherLn 1–2$746K
Pledges and grants receivableLn 3$200K
Accounts receivableLn 4$66K
Prepaid expenses and deferred chargesLn 9$31K
Land, buildings, equipmentLn 10c$8.7M
InvestmentsLn 11–13$445K
Total assetsLn 16$10.2M
LiabilitiesLn 26$458K
Net assetsLn 32$9.8M
OperationsPt I, VI
EmployeesI 519
VolunteersI 635
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
EndowmentSch D · Pt V
LineFY24FY23FY22FY21FY20
End of yearLn 1g$1.7M$1.5M$1.4M$1.6M$1.4M
AddedLn 1b$14K$22K$28K$29K$5K
SpentLn 1d–1f$59K$98K$71K$72K$74K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$998K$746K
InvestmentsLn 11–13$464K$445K
Land, buildings, equipmentLn 10c$8.8M$8.7M
Total assetsLn 16$10.7M$10.2M
LiabilitiesLn 26$586K$458K
Net assetsLn 32$10.1M$9.8M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$277K$21K$222K$34K
Other salaries and wagesLn 7$1.3M$670K$580K
Pension plan contributionsLn 8$33K$17K$3K$13K
Other employee benefitsLn 9$156K$86K$70K
Payroll taxesLn 10$124K$61K$50K$12K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$34K$34K
Other fees for servicesLn 11g$57K$48K$2K$7K
Advertising and promotionLn 12$38K$38K
Office expensesLn 13$20K$9K$10K$488
OccupancyLn 16$135K$55K$80K
TravelLn 17$1K$5$966$42
Conferences, conventions and meetingsLn 19$9K$502$3K$6K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$322K$11K$311K
InsuranceLn 23$33K$33K
Other expenses (24a–d)Ln 24$448K$208K$664$240K
All other expensesLn 24e$282K$178K$60K$44K
Total functional expensesLn 25$3.2M$1.4M$817K$1.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 $2.9M$3.2M−$362K$9.8M 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $2.7M$3.1M−$379K$10.1M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $2.2M$2.7M−$495K$10.5M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $3.7M$2.4M$1.3M$11.0M 990 PDF
FY2020Filed with the IRS Nov 14, 2021 $4.3M$2.2M$2.1M$9.7M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay O · Explanations
See the full FY2024 990
Part I · Summary $2,863,307 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,142,396$2,273,278
I-9 Program service revenuePrior year $359,602$337,001
I-10 Investment incomePrior year $14,438$16,789
I-11 Other revenuePrior year $177,616$236,239
I-12 Total revenuePrior year $2,694,052$2,863,307
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,653,107$1,839,593
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,420,206$1,385,456
I-18 Total expensesPrior year $3,073,313$3,225,049
I-19 Revenue less expensesPrior year −$379,261−$361,742
Part VI · Governance 19 of 19 board members independent, 2 to look at
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,863,307 across 13 lines filed
VIII-1b Membership dues$1,454,002
VIII-1d Related organizations$54,612
VIII-1e Government grants$13,500
VIII-1f All other contributions, gifts and grants$751,164
VIII-1g Noncash contributions (included above)$1,963
VIII-1h Total contributions, gifts and grants$2,273,278
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $140,076 · Unrelated business $196,925$337,001
VIII-3 Investment incomeExcluded from tax $16,900$16,900
VIII-5 RoyaltiesExcluded from tax $363$363
VIII-6 Net rental income or lossExcluded from tax $225,720$225,720
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$111−$111
VIII-8 Net income from fundraising eventsExcluded from tax $10,156$10,156
VIII-12 Total revenueRelated to mission $140,076 · Unrelated business $196,925 · Excluded from tax $253,028$2,863,307
Part IX · Statement of functional expenses $3,225,049 across 18 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $20,801 · Management $222,098 · Fundraising $33,714$276,613
IX-7 Other salaries and wagesPrograms $670,174 · Fundraising $580,091$1,250,265
IX-8 Pension plan contributionsPrograms $16,812 · Management $2,971 · Fundraising $13,481$33,264
IX-9 Other employee benefitsPrograms $85,618 · Fundraising $70,030$155,648
IX-10 Payroll taxesPrograms $61,289 · Management $50,174 · Fundraising $12,340$123,803
IX-11b Legal feesManagement $2,735$2,735
IX-11c Accounting feesManagement $33,796$33,796
IX-11g Other fees for servicesPrograms $48,101 · Management $1,754 · Fundraising $7,444$57,299
IX-12 Advertising and promotionFundraising $37,631$37,631
IX-13 Office expensesPrograms $9,411 · Management $9,992 · Fundraising $488$19,891
IX-16 OccupancyPrograms $54,673 · Management $80,333$135,006
IX-17 TravelPrograms $5 · Management $966 · Fundraising $42$1,013
IX-19 Conferences, conventions and meetingsPrograms $502 · Management $3,204 · Fundraising $5,533$9,239
IX-20 InterestManagement $2,673$2,673
IX-22 Depreciation, depletion and amortizationPrograms $11,091 · Management $311,313$322,404
IX-23 InsuranceManagement $33,497$33,497
IX-24 Other expenses (24a–d)Programs $207,733 · Management $664 · Fundraising $239,644$448,041
IX-24e All other expensesPrograms $177,794 · Management $60,382 · Fundraising $44,055$282,231
IX-25 Total functional expensesPrograms $1,364,004 · Management $816,552 · Fundraising $1,044,493$3,225,049
Part X · Balance sheet $10,221,203 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $509,804$604,041
X-2 Savings and temporary cash investmentsStart of year $488,174$141,736
X-3 Pledges and grants receivableStart of year $217,638$200,356
X-4 Accounts receivableStart of year $83,911$66,124
X-9 Prepaid expenses and deferred chargesStart of year $68,068$30,970
X-10c Land, buildings and equipment, netStart of year $8,834,693$8,732,929
X-11 Publicly traded securitiesStart of year $66,849$154,012
X-12 Other securitiesStart of year $397,572$291,035
X-16 Total assetsStart of year $10,666,709$10,221,203
X-17 Accounts payable and accrued expensesStart of year $130,388$132,825
X-19 Deferred revenueStart of year $46,050$22,910
X-25 Other liabilitiesStart of year $409,169$302,513
X-26 Total liabilitiesStart of year $585,607$458,248
X-27 Net assets without donor restrictionsStart of year $9,671,737$9,284,961
X-28 Net assets with donor restrictionsStart of year $409,365$477,994
X-32 Total net assets or fund balancesStart of year $10,081,102$9,762,955
X-33 Total liabilities and net assetsStart of year $10,666,709$10,221,203
Part XI · Reconciliation of net assets $9,762,955 net assets at year end
XI-1 Total revenue$2,863,307
XI-2 Total expenses$3,225,049
XI-3 Revenue less expenses−$361,742
XI-4 Net assets at start of year$10,081,102
XI-8 Prior period adjustments$43,595
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,762,955

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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