KDHX Debt vs Community Support

All of the following numbers come from KDHX’s 990 tax documents filed with the IRS. The numbers in the 990s come from audited financial statements that meet the threshold for federal audit requirements as dictated by KDHX’s agreement with the Corporation for Public Broadcasting.

In 2015, KDHX owed $5.3M in construction loans, building notes, payroll taxes, and overdue bills. Today, KDHX carries a little over $2M in debt, a total debt reduction of 63% from 2015 to the present.

Here’s a simple graph showing KDHX’s total annual liabilities (short and long term bills and debt) from 2010 to 2024:

- KDHX hit its peak of debt in 2013-2014. That's when KDHX moved to the new building in Grand Center.

Here’s a simple graph showing KDHX’s total income (individual donations, grants, underwriting) for KDHX from 2010 to 2024:

- Support peaked in 2011, before the public portion of the capital campaign to support the move to Grand Center began.   
- Listener support due to listening habits during COVID-19, plus federal COVID-19 relief funds contributed to the income spike in 2020.

Here are the two graphs on the same scale for comparison. Events significant to KDHX have been noted: