Finances

On April 26, 2021, Public Broadcasting of Colorado, Inc., licensee of KKPC, 1230 kHz, Pueblo, Colorado, filed an application with the Federal Communications Commission for assignment. Members of the public wishing to view this application or obtain information about how to file comments and petitions on the application can visit publicfiles.fcc.gov, and search in KKPC’s public file.

2020 Financial Summary
Fiscal Year Ending June 30, 2020

Statement of Financial Position 2020 2019

Assets

(in thousands)
Current Assets $22,208 $23,140
Fixed/Other Assets $28,986 $26,511
Total Assets $51,194 $49,651

Liabilities & Net Assets

(in thousands)
Total Liabilities $16,931 $14,552
Net Assets Without Restriction $32,743 $32,254
Net Assets With Restriction $1,520 $2,845
Total Liabilities and Net Assets $51,194 $49,651

Statement of Activities

(in thousands)

Revenue
Individual Giving $14,506 $13,990
Underwriting $6,121 $6,420
Corporation for Public Broadcasting $1,112 $939
Grant Revenue $550 $2,302
All Other $674 $1,193
Total Revenue $22,963  $24,844

Expense
Programming/Production $15,695 $12,212
Management/General $1,705 $1,199
Underwriting/Fundraising $5,422 $5,071
Total Operating Expense $22,842 $18,482
Net from Operations $121 $6,362
Depreciation $957 $963
Increase in Net Assets * $836 $5,399
* Restricted $1,325 $1,933

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