Return of Organization Exempt from Income

lefile GRAPHIC print - DO NOT PROCESS I As Filed Data - I DLN: 934933140050951 990 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form Under section 501 (c), 527, or 4947 ( a)(1) of the Internal Revenue Code ( except private foundations) 201 4 Department of the Treasury Do not enter social security numbers on this form as it may be made public Internal Revenue Service 1-Information about Form 990 and its instructions is at www.IRS.gov/form990 A For the 2014 calendar year, or tax year beginning 04-01-2014 , and ending 03-31-2015 C Name of organization B Check if applicable D Employer identification number The Christian Broadcasting Network Inc F Address change 54-0678752 % JAMESRBARBJR F Name change 0/0Doing businesss as 1 Initial return E Telephone number Final Number and street (or P 0 box if mail is not delivered to street address) Room/suite 977 CENTERVILLE TURNPIKE fl return/terminated (757) 226-7000 1 Amended return City or town, state or province, country, and ZIP or foreign postal code VIRGINIA BEACH, VA 23463 G Gross receipts $ 301,419,403 1 Application pending F Name and address of principal officer H(a) Is this a group return for GORDON ROBERTSON subordinates? (-Yes No 977 CENTERVILLE TURNPIKE VIRGINIA BEACH,VA 23463 H(b) Are all subordinates 1 Yes (- No included? I Tax-exempt status F 501(c)(3) 1 501(c) ( ) I (insert no ) (- 4947(a)(1) or F_ 527 If "No," attach a list (see instructions) J Website : - WWW CBN CO M H(c) Group exemption number 0- K Form of organization F Corporation 1 Trust F_ Association (- Other 0- L Year of formation 1960 M State of legal domicile VA Summary 1 Briefly describe the organization's mission or most significant activities THE CHRISTIAN BROADCASTING NETWORK'S MISSION IS PREACHING THE GOSPEL OF JESUS CHRIST INTO ALL THE WORLD w 2 Check this box Of- if the organization discontinued its operations or disposed of more than 25% of its net assets 3 Number of voting members of the governing body (Part VI, line la) . 3 9 of :' 4 N umber of independent voting members of the governing body (Part VI, line 1 b) . 4 5 5 Total number of individuals employed in calendar year 2014 (Part V, line 2a) . 5 1,503 6 Total number of volunteers (estimate if necessary) 6 0 7a Total unrelated business revenue from Part VIII, column (C), line 12 . 7a 5,232,611 b Net unrelated business taxable income from Form 990-T, line 34 . 7b 0 Prior Year Current Year 8 Contributions and grants (Part VIII, line 1h) . 181,596,648 172,888,093 9 Program service revenue (Part VIII, line 2g) . 351,719 367,686 N 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d . 1,707,196 -489,482 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 118,097,859 121,033,665 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12) . 301,753,422 293,799,962 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) . 27,625,957 26,828,838 14 Benefits paid to or for members (Part IX, column (A), line 4) . 0 0 Salaries, other compensation, employee benefits (Part IX, column (A), lines 15 70,676,829 73,265,975 5-10) 16a Professional fundraising fees (Part IX, column (A), line 11e) 0 0 b Total fundraising expenses (Part IX, column (D), line 25) 0-27,457,800 LLJ 17 Other expenses (Part IX, column (A), lines h1a-11d, 11f-24e) . 197,919,061 202,568,779 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 296,221,847 302,663,592 19 Revenue less expenses Subtract line 18 from line 12 5,531,575 -8,863,630 Beginning of Current End of Year Year -A 20 Total assets (Part X, line 16) 190,107,500 172,358,342 m %TS 21 Total liabilities (Part X, line 26) . 26,388,475 24,539,277 ZLL 22 Net assets or fund balances Subtract line 21 from line 20 163 719 025 147 819 065 lijaW Signature Block Under penalties of perjury, I declare that I have examined this return, includin my knowledge and belief, it is true, correct, and complete Declaration of preps preparer has any knowledge Signature of officer Sign Here JAMES R BARR JR VP/CFO Type or print name and title Print/Type preparer's name Preparers signature Whitney E Blair Whitney E Blair Paid Firm's name 1- KPMG LLP Pre pare r Use Only Firm's address 1-1676 International Drive McLean, VA 22102 May the IRS discuss this return with the preparer shown above? (see instructs For Paperwork Reduction Act Notice, see the separate instructions. Form 990 ( 2014) Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part III .F 1 Briefly describe the organization 's mission THE CHRISTIAN BROADCASTING NETWORK'S MISSION IS PREACHING THE GOSPEL OF JESUS CHRIST INTO ALL THE WORLD 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . fl Yes F No If "Yes," describe these new services on Schedule 0 3 Did the organization cease conducting , or make significant changes in how it conducts , any program services? . F Yes F No If "Yes," describe these changes on Schedule 0 4 Describe the organization 's program service accomplishments for each of its three largest program services , as measured by expenses Section 501(c)(3) and 501( c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses , and revenue , if any, for each program service reported 4a (Code ) ( Expenses $ 123,640,797 including grants of $ ) (Revenue $ DOMESTIC PRODUCTION AND AIRING OF CHRISTIAN television PROGRAMMING, INTERNET AND RADIO THE 700 CLUB, A LIVE TELEVISION PROGRAM THAT AIRS WEEKDAYS BEFORE A STUDIO AUDIENCE FROM CBN BROADCAST FACILITIES, IS THE PRIMARY PROGRAM USED BY CBN TO PREACH THE GOSPEL OF JESUS CHRIST CBN IS ALSO AN INNOVATOR IN ITS USE OF CBN COM TO PREACH THE GOSPEL OF JESUS VIA THE INTERNET CBN COMBINES BOTH FORMS OF MEDIA, TELEVISION AND INTERNET, IN THE CUTTING EDGE PROGRAM 700 CLUB INTERACTIVE SEE SCHEDULE 0 FOR MORE DETAILS 4b (Code ) ( Expenses $ 106,896,385 including grants of $ 13,440,326 ) (Revenue $ INTERNATIONAL OUTREACH IN 2014, CBN PROGRAMS AND OTHER CONTENT WERE PRODUCED IN 62 LANGUAGES AND HAVE BEEN PRODUCED IN MORE THAN 120 FOREIGN LANGUAGES SINCE INCEPTION CBN BROADCAST PROGRAMS WERE VIEWED IN 147 COUNTRIES AND TERRITORIES ACCORDING TO AN INDEPENDENT SURVEY, A PROJECTED 316,000,000 INDIVIDUALS WATCHED AT LEAST ONE EPISODE OF A CBN INTERNATIONAL TV PROGRAM SEE SCHEDULE 0 FOR MORE DETAILS 4c (Code ) ( Expenses $ 14,148,003 including grants of $ ) (Revenue $ THE PRAYER CENTER IS A DEPARTMENT OF CBN THAT PROVIDES SCRIPTURE BASED PRAYER, BIBLICAL LITERATURE, ACCOUNT SERVICE, AND PRODUCT ORDERS TO PEOPLE THROUGH CBN'S TELEPHONE PRAYER LINE, SOCIAL MEDIA PORTALS, AND LIVE WEB CHAT IT ALSO PERFORMS OUTBOUND CALLING FOR MINISTRY AND Fundraising PURPOSES IN 2014, THE PRAYER CENTER DEPARTMENT HANDLED 275,050 Outbound AND 2,481,499 INBOUND PHONE CALLS A TOTAL OF 20,831 PEOPLE PRAYED THE PRAYER OF SALVATION WITH OUR PARTNER SERVICE Representatives AND 20,485 PEOPLE REDEDICATED THEIR LIFE TO CHRIST SEE SCHEDULE 0 FOR MORE DETAILS See Additional Data 4d Other program services ( Describe in Schedule 0 (Expenses $ 15,139,728 including grants of $ 13,388,512 ) ( Revenue $ 4e Total program service expenses 1- 2 59,8 24,913 Form 990 (2014) Form 990 (2014) Page 3 Checklist of Required Schedules Yes No 1 Is the organization described in section 501(c)(3) or4947(a)(1) (other than a private foundation)? If "Yes," Yes complete Schedule As . 1 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? . 2 No 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to No candidates for public office? If "Yes,"complete Schedule C, Part I . 3 4 Section 501 ( c)(3) organizations . Did the organization engage in lobbying activities, or have a section 501(h) No election in effect during the tax year? If "Yes,"complete Schedule C, Part II . 4 5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, N o Part III . 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes,"complete N o Schedule D, Part Is . 6 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, No the environment, historic land areas, or historic structures? If "Yes,"complete Schedule D, Part II . 7 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," N o complete Schedule D, Part III . 8 9 Did the organization report an amount in Part X, line 21 for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or debt No negotiation services? If "Yes," complete Schedule D, Part IV .

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