Statements of Activities - Condensed (in thousands)
		2012			2011
Ministry Support and Revenues:
	Ministry support	$ 290,269	59.6%		$ 290,945	44.4%
	Gifts in kind	197,399	40.5%		353,667	53.9%
	Investment gain (loss) and other revenue, net	(447)	(0.1%)		11,053	1.7%
	Total Ministry Support and Revenues	487,221	100.0%		655,665	100.0%
Ministry Expenses:
	Ministry and program	(452,089)	92.8%		(601,549)	91.7%
	Fundraising	(26,611)	5.5%		(28,006)	4.3%
	General and administrative	(16,018)	3.3%		(16,103)	2.4%
	Total Ministry Expenses	(494,718)			(645,658)
Other gains (losses), net		(68)			403
Increase (Decrease) in Net Assets		$ (7,565)	(1.6%)		$ 10,410	1.6%
Statements of Financial Position - Condensed (in thousands)
		2012			2011
Assets:
	Cash and investments	$ 53,312			$ 55,470
	Pledges and contributions receivable, net	70,841			75,256
	Gifts in kind inventories	19,396			6,638
	Other current assets	5,382			5,318
	Fixed assets, net of depreciation	68,055			70,284
	Other assets	11,458			7,840
	Total Assets	$ 228,444			$ 220,806
Liabilities:
	Deferred gifts in kind revenue	$ 19,396			$ 6,638
	Other current liabilities	23,249			21,034
	Long-term debt	19,694			19,464
	Total Liabilities	62,339			47,136
Net Assets		166,105			173,670
Total Liabilities and Net Assets		$ 228,444			$ 220,806

 

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CBN's financial statements are audited by our independent auditors, KPMG LLP. To view the complete audited statements online, please click 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).