© 2024 KGOU
News and Music for Oklahoma
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

KGOU's FY2013 Financial Audit Complete

Peter Baskerville
/
Flickr Creative Commons

During December, KGOU opened our 2013 financial records for the annual external audit. That audit is complete, and I posted the financial report on the KGOU web page.

For fiscal year 2013, total operating income to KGOU decreased one percent from 2012, but private giving in all forms increased about nearly four percent. Private giving now represents 52 percent of KGOU’s budget. Direct support from the University of Oklahoma decreased while in-kind support increased. 

Expenses increased in fiscal year 2013, including a full year of expenses for the StateImpact Oklahoma project. The cost of acquiring outside programming also increased, among increases in other areas.

KGOU’s net capital assets decreased about 15 percent because we did not have any capitol projects in fiscal year 2013. Over all, KGOU's unrestricted net position in fiscal year 2013 increased about 17 percent over the previous fiscal year.

There are many more details in the report and I encourage you to take a look. Let me know if you have any questions or concerns.

----------------------

KGOU is a community-supported news organization and relies on contributions from readers and listeners to fulfill its mission of public service to Oklahoma and beyond. Donate online, or by contacting our Membership department.

Karen earned her Master (1974) and Bachelor (1972) degrees from the University of Akron in Ohio, and has worked as Program Director at WMRA-FM, James Madison University in Harrisonburg Virginia and WUIS-FM, University of Illinois at Springfield. She moved to Las Cruces, New Mexico in 1979 to become General Manager of KRWG-FM.
More News
Support nonprofit, public service journalism you trust. Give now.