Grandpa Simpson escapes from the Happy Valley Retirement Home, & ends up elected temporary Chair of the W28Dec2022 KPFK Finance Cttee

. . . Dan McCrory is also Chair of the KPFK Community Advisory Board . . . things are really looking up . . .


Audio (first few secs missing; some dead air right at the end; but it should be at within the next 24hrs): (2h09; 180MB)

[UPDATE: sure enough, there within 2hrs (add 49secs to the times below).]

GM Novick said (a) he received today the Sep monthlies (1:23:22), so not reviewed by the PNB Finance Cttee (irrelevant, given the glaring errors missed in the Aug ones); & (b) “the station needs [revenue] in the vicinity of $20 000 a week, at a bare bones budget” (1:30:40).

The Aug monthlies are a complete mess – such as ~$140k of WBAI’s Aug revenue not appearing in the totals column! See updated post on the 30Nov WBAI Finance Cttee: Once corrected, one will be surprised to learn that for the fiscal year thru Aug2022, 11mths, KPFA made a bigger loss than WBAI, not only that but a bigger loss by a whopping 61%: $282 634 compared with $175 721. They don’t tell you that at the KPFA LSB –

But KPFK needing only $20k revenue a week? That’s a material contradiction with the latest relevant public doc: $43k. Enter stage left, the draft FY2023 station budget, presented by then Treasurer Kim ‘(sigh) yes, Bella (sigh)’ Kaufman to the Su28Aug KPFK LSB. Drawn up by Kim & then CFO Julia Kennard (remember her?), of NETA (remember them?). Had FY2023 total expenses as $2 219 403 (operating, $1 718 535 + Central Services, $500 868). Per week, that’s $42 681 (operating, 33049 + CS, 9632). Nowhere near $20k, people.

Of course, no-one on the KPFK Finance Cttee pointed out the discrepancy.

And how can needing $20k a week even be plausible? According to the draft budget, weekly personnel costs alone are $21 154 ($1.1m ÷ 52), & then there’s Central Services, a weekly $9 632 (not that they’re being paid). Additionally, other costs keep coming in at ~$12k each & every week.

Two months ago, KPFK’s financial crisis was fully discussed, in the light of the drive then underway, in a 25Oct post (with a final update 9Nov):



ED Steph refuses to disclose that the Feds seized $305k of Pacifica’s cash – and the directors & treasurers collude, not mentioning it either. What is wrong with these people? Weird, or truly creepy? Tu13Dec2022 PNB Finance Cttee

Oh, dear.

As if −$305k makes no difference.

Transparency of events & proceedings is not for them. And they do it with no shame. Or sense of betrayal.


A $11m annual turnover public charity, with the likes of these in charge?



Here: (b-file too) . . . congratulations, uploader!


ED Steph ‘The Breeze’ didn’t mention Pacifica losing $305k. And neither did anyone else.

But she was directed to make a disclosure: even though station after station is currently in fund-drive, there won’t be enuf cash around on Sa31Dec to pay FJC their quarterly interest, this time $55 402.99 (working is below).

This coming after her start, “I don’t have a lot to report”. So that kind of report.

So all hell’s breaking loose, then.

Her report:

“I don’t have a lot to report, umm, not a lot has changed since last week […] umm, really not too much else […] And I think that really is, at this point, is about it, if anybody has any questions.”

That was it.


Chair ‘wooden as a chair’ Sagurton was straight in: what about FJC?

“[Pause …] Ah, yer, that’s, umm, that’s the number one, really, on our aged payables, and payable of concern. We do not have any funds that are set aside to be able to prepare us for that payment. Umm, it is due on the 31st. We did mention it to Arthur [Schwartz, General Counsel], umm, a few weeks ago, that we were concerned that we weren’t going to be able to make that interest payment, umm, and then he and I also spoke about it as well, so he was going to give them a call and see if we again [this a new disclosure] could have a couple of, umm, a couple of days of grace with that, or if we can just make, you know, wh-wh- – what we are planning on doing is paying what we can when we have it, and then hoping to extend that out [?]”

Of course no-one asked whether Arthur had phoned FJC, & what they said.

(Also note – contra Susan ‘blah-blah’ Young (23:15), a KPFT listener-delegate – FJC, as explained for 4yrs on this blog & elsewhere, never allows a borrower to default: when a loan is designated as “potentially impaired” it’s sold, without discount, to the Marty & Dorothy Silverman Foundation, the money that largely founded FJC.)

ED Steph ‘The Breeze’ Wells (19:32; her report all of 123secs, 19:45-21:48), Tu13Dec2022 PNB Finance Cttee. (The FJC interest rate went up from 9.25% to 10%, effective Th3Nov. Working: ((2258821 x 0.0925 x 33) ÷ 365) + ((2258821 x 0.1 x 59)÷ 365) = 18890.550 + 36512.449 = $55 402.99.)

So all that’s going to work out well . . . everything under control.


Steph ‘The Breeze’. PMC thru-n-thru. An operator. Of her class stratum. An advert for NGO management.


And ‘The Breeze’ volunteered no update on ‘the server problem’, that is, being shut out of Pacifica’s digitised books of account. And everyone was polite enough not to ask. So obviously not merely a problem, but a problem affording no progress. No progress at all. Proving intractable.

These people are unbelievable. They really are.


Nor even a hint of a waft regarding progress on the pesky outsiders from National being impertinent, trying to directly view station bank accounts. Trying to find out what the hell’s going on. Again, decorum prevailed amongst Pacifica’s financial wizards, leaving the non-event well alone, as still as a sleeping dog, as tranquil as dead air.


Last, as is a habit of Pacifica decision-makers, confidential info gets disclosed. Even of the medical condition of individuals. This time Mr Lawrence Reyes, longstanding KPFK listener-delegate & director. Let’s hope he’s well soon.


The last time Pacifica had audited net assets? 10yrs ago, 30Sep2012 . . . So, yes, zombie public charity

. . . 10yrs on: the last time Pacifica had audited net assets was 30Sep2012 . . . audited net liabilities went as far south as $4 525 638, at 30Sep2016 . . . the latest audited net liabilities are $1 241 649, at 30Sep2021 . . . almost all of the improvement, 99.5%, is due not to operating performance but the auditor agreeing to three adjustments to total liabilities – screenshot of the FY2013 auditor’s report (page 3; page 5 of the PDF), . . .

Zombies? Yes, zombies.

When did Pacifica last have audited net assets? That was 30Sep2012, $495 924. It was wiped out by the FY2013 loss of $2 824 046.

The zenith for audited net assets had been $7 684 012, at 30Sep2006. (Note that the higher figure in the FY2008 auditor’s report was restated downwards in the following year’s report.) FY2006 was indeed Pacifica’s last annual net income until it earnt an audited one for FY2020 . . .

. . . 13yrs of financial – and political – failure: the times of war against Afghans & Iraqis, of Obama hope & the $$$ crash, of Trump. Year after year when the directors responsible for Pacifica – with all these opportunities before them – proved they couldn’t turn a penny. Not one penny. Failures. All of them. No vision. No plan. No self-awareness that they failed – repeatedly. No recognition of their limitations – the need to ask for help from experts. No humility. No grace. So, arrogant. Zombies too.

One needs to say ‘audited’ coz for FY2019 NETA did present a net income to the auditors, but they effectively rejected it: they refused to express an opinion on the material accuracy of the three financial statements given to them coz they were unable to agree with NETA an evidenced estimate of the pension plans liability. In the jargon, the auditors issued ‘a disclaimer of opinion’ – auditor’s report (p. 2; p. 4 of the PDF),

(In the consideration here, highs & lows, it’s adequate to use data in money terms, not real terms, coz in the period there hasn’t been enough inflation to distort the meaning of the plain figures.)

The failing of Pacifica found expression in successive annual losses &, as its correlate, falling net assets, & during FY2013 these turned into net liabilities.

The nadir of audited net liabilities was $4 525 638, at 30Sep2016. This sum may even be an understatement because those financial statements had the added uncertainty of receiving a qualified opinion from the auditors – auditor’s report (pp. 1a-1b; pp. 3-4 of the PDF), Furthermore, until the 2019 Democracy Now! event mentioned below, net liabilities were presumably even greater coz NETA presented a loss for both FY2017 & FY2018, statements that were met by disclaimers of opinion from the auditors (in the URL above, just insert the relevant year).


Things have since improved. The latest audited net liabilities, at 30Sep2021, are $1 241 649, a shift of $3 283 989. However, this has had little to do with operating performance – 5yrs of trying yielding a mere $16 566, unaudited (coz it involves the FY2019 record that was effectively rejected) – and was all down to three liabilities adjustments agreed to by the auditors, one in each year of the FY2019-FY2021 period:

• $427 677, the ‘KPFA property tax hiccup’ (convincing the California State Board of Equalization to accept that the tax shouldn’t have been levied) – FY2021 auditor’s report (p. 4; p. 6 of the PDF),

• $477 918, provision for the pension plans liability (this portion was eliminated when Pacifica finally rectified the neglect). And now? Is there neglect? Even negligence? Are the two 2019 pension plans audits completed & filed with IRS, etc.? The two for 2020? The two for 2021? Have those auditors been paid in full for their work? . . . Not a word, from the PNB Finance Cttee, or the PNB Audit Cttee, or the directors sleepwalkers . . . The two plans: a 403(b)-defined contribution retirement plan, & a profit-sharing plan (sic); they are known in Pacificese as ‘the 403(b) Plan’, & ‘the Pacifica Retirement Plan’ – FY2020 auditor’s report (pp. 5, 24-6; pp. 7, 26-8 of the PDF),

And the recent cost to the Pacifica members & the other donors? It’s disclosed in the auditor’s reports. To take the FY2017 one, the total is in the functional expenses statement, p. 7 (p. 9 of the PDF), with the previous year’s on the next page; & the sum for each plan is in a note, p. 21 (p. 23 of the PDF). The charge for the last five years (total, 403(b), profit-sharing): FY2017, $150 288, $61 736, $88 552; FY2018, $103 944 (incorrectly given as $103 940), $52 540, $51 404; FY2019, $134 640 (incorrectly given as $134 741), $53 202, $81 438; FY2020, $120 067 (an incorrect figure was given, see below), $58 289, $61 778; FY2021, $126 279 (ditto, see below), $65 439, $60 840. These total as $635 218, $291 206, $344 012. (And the year before this period, FY2016? $425 399, $70 483, $201 941 – with no explanation by the auditor of the unidentified $152 975. An ‘indeed’ – to both the anomalous total charge (x~3), & the absent explanans. And to the 6yr charge being >$1m.)

Note, the FY2020 & FY2021 auditor’s reports give three wrong totals in the functional expenses statements: they’ve solely taken the 403(b) plan figure. Presumably the profit-sharing total was mis-posted to “Employee benefits”. Not spotted either year by the auditors, the PNB Audit Cttee, or the PNB. The FY2020 error was repeated in the ‘copy & paste’ into the FY2021 auditor’s report – will anyone stop them next year? Auditor’s report, FY2020, p. 7, p. 9 of the PDF; ditto, FY2021, pp. 6-7, pp. 8-9 of the PDF.

Odd is the very wide range of per capita 403(b) charge between the operating units (formerly termed ‘the divisions’). For FY2020: WPFW $268, WBAI $283, stepping up to KPFK $640, KPFA $668, KPFT $733, & all contrasting with PNO (includes PAN) $1 953, PRA $2 168. Why? (Sources: auditor’s report FY2020, & Oct2021 NETA-produced net income statements (using the comparative). FY2021 data can’t be used coz the NETA figure is way off the auditor’s: auditor agreed the total charge as $65 439, but NETA has $55 244 (Oct2021 set). Whereas the FY2020 totals are, respectively, $58 289 & $58 317. The unit-level charge isn’t in the auditor’s report, only the monthlies: KPFA $19 026, KPFK $16 317, KPFT $2 200, WPFW $2 282, WBAI $2 119, PNO (includes PAN) $8 787, PRA $7 587. The number of full-time equivalents is computed using $80k (see appendix to the 19Nov2021 post) as the per capita personnel cost: KPFA 28.5, KPFK 25.5, KPFT 3, WPFW 8.5, WBAI 7.5, PNO (includes PAN) 4.5, PRA 3.5, totalling 81.)

• $2 361 828, the write-off of the Democracy Now! debt – FY2019 auditor’s report (p. 4; p. 6 of the PDF), It was first publicly disclosed by Pacifica Executive Director Maxie Jackson, to the 12Mar2019 PNB Finance Cttee (17:53) – No-one asked why Amy waited 5mths to tell Pacifica. And no Pacifica employee or officeholder has described how DN! chose to manage that debt, but it is in their public record (especially the 2017 IRS Form 990, stamped received 20Nov2018): debt at 31Dec2017, $2361828 = 807000 (doubtful debt provision made FY2012, so both removing it as an asset from its balance sheet (but still leaving it money that Pacifica owed: it wasn’t being treated as uncollectible, a bad debt), & charging it as an expense) + 777000 (FY2017, both removing it as an asset from its balance sheet, & charging it as an expense, in the form of a grant) + 777828 (FY2018, ditto). Like in Iraq, a phased withdrawal. (Obvious Q, asked by no-one: has Pacifica Foundation, Inc. been invoiced since 31Dec2017 for airing DN!, now getting on for 5yrs? That Pacifica may be getting it for nowt or close to is suggested by the change in the pattern of DN!’s annual total broadcasting fees, FY2005-FY2020, with the level falling across 2012-14 from $1.1m to <$200k – when it was decided to start to unload Pacifica from the balance sheet, beautifying the accounts receivable figure, putting a stop to its rise, avoiding a flashing red light.)

DN! is the commodity of Democracy Now! Productions, Inc., founded in 2002 (per its 990’s). How’s it doing? FY2020, coinciding with the calendar year, per their latest 990 (the auditor’s report wasn’t filed with the NYS Attorney General’s Charities Bureau, total revenue $11 442 800, total expenses $8 267 813, net income $3 174 987; total assets $36 302 179, total liabilities $659 173, net assets $35 643 006. (And Pacifica? FY2020, thru 30Sep2020, link above: total revenue $11 507 060, total expenses $11 241 966, net income $265 094; total assets $3 689 886, total liabilities $4 916 323, net liabilities $1 226 437.)

FY2020 personal incomes from DNPI: Prez Amy, $220 823 (FY2005: $58 786), excluding the coiffeur, beautician, & wardrobe allowance; Secretary Juan, $37 411; Denis Moynihan, $124 146 (Special Projects Coordinator … & Juan’s hubby:; Thomas Burke, $113 224 (News Director) … then the admin heavies (showing the market-worth of newsgathering): Julie Crosby, $173 410 (General Manager; ex-Free Speech TV,; Miriam Barnard, $152 938 (Director of Finance & Operations); Erin Dooley, $119 727 (Development Director) … & $0 for Chair Karen Ranucci (, Director Sarah Jones (, & Director Dan Silverman (related to Lorin et al.?).


[DNPI’s last filed 990 is dated 28Oct2021. So with another due soon it makes sense to do a post on the contrasting fortunes.]

The post-NETA new beginning: Pacifica to recruit CFO from Mariana or Samoa, even Guantanamo! A triumph for inclusion – and dirt-bottom wages

. . . a customised solution for Pacifica Foundation, Inc. (note that American Samoa is next door, in Polynesia) – . . .

The Pacifica cash crunch exerts more pressure than the crusher in the wrecking yard. But no matter how tight the money, never say Pacifica isn’t rising to the challenge!

Up steps heir to the Pacifica throne, the future Queen Liz III. Yesterday, at the Su21Aug PNB Personnel Cttee meeting, Beth ‘that’s not a question, that’s a personal attack!’ von Gunten (KPFK listener-delegate) laid it out as it is: Pacifica could hire its new Chief Financial Officer from a low-wage state – “South Carolina, or Iowa, or wherever” (c. 48mins into proceedings, when she struggled to stay in management-speak, eventually landing on the euphemisms “lower-cost” & “less costly”). She said NETA, the National Educational Telecommunications Association – which has supplied Pacifica’s last four CFO’s – operates from Columbia, South Carolina, & that helps it offer so much for so little. ($27 500 a month, $330k a year – per the National Office net income/loss statement included in the NETA-produced management accounts monthlies,

Su21Aug2022 PNB Personnel Cttee, not in the Pacifica archive, so here’s the relevant 2mins11secs clip,; [UPDATE: eventually in the archive, at 47:58, but a much poorer recording, hissy –]

Next, the directors sleepwalkers will be pushing to make Pacifica a non-union shop. But before we get ahead of ourselves, we need to pause & take stock of the evidence before us. Then we can appreciate a few things about the Pacifica prominents, how blinkered they are, their narrow horizons, dull imaginations. A minimum of thought yields the question: why restrict the CFO search to states? Scour the territories! Even find someone in Guantanamo!

But you have to be careful: even Puerto Rico has unions, & plenty of peeps quit to leave for the mainland . . . & you won’t believe the labour costs in Guam – almost as high as Mississippi. That’s why for a cost-conscious, far-sighted employer, determined to deliver value to customers, Pacific islanders are the new Central Americans.

Yes, Pacifica may have left it late but it can still embrace the renewed liberal economic age, focusing all hiring on the Northern Mariana Islands & American Samoa! If the former were good enough for Enola Gay & Bockscar then they’re good enough for Pacifica! The new Pacifica can show it knows no depths. It can even adopt a new logo: a trench.


A lot has happened this calendar year. But is it even worth describing, let alone trying something a lil more difficult? Addressing things like explaining; identifying scenarios & options; offering rational, even actionable, prescriptions? Or does it make more sense just to remain submerged, swept over by events, wave upon wave?


. . . the coming gloaming, the darkness sweeping in upon the face of the deep . . .


Here’s looking at you, baby! . . . Geil!

. . . notice the last name on the right? . . .

. . . and there’s more:

. . . . . .


As Mr Slippery himself says, he’d been there over eight years.

No Pacifica director sleepwalker had the guts, not least the Chair, Ms Julie Hewitt (WPFW listener-delegate), to announce this shattering change at any PNB meeting, not least at the full board public meeting of 7July, or 21July, or 28July, or 4Aug, or 11Aug. Abdication of responsibility doesn’t grasp the half of it.

This week, Quince did his last day at KPFA (Tu16Aug, i’ve been told – of course, like the mafia, nothing’s written down), & on the weekend changed his LinkedIn page. Nice.

In the true Pacifican spirit of communication, the basis of not just a ‘mass’ media outlet but a listener-funded one, the KPFA & Pacifica websites have haven’t announced his departure. Nor why. Neither, as of 1430 PDT Su21Aug, have the sites told the pleb public who is the acting station manager – a violation of the station’s licence from the Federal Communications Commission. But hey, rules are for RealWorld, not PacificaWorld., (the title ‘general manager’ or ‘station manager’ doesn’t appear, zilch), (the station manager is a member),, (but then the latest post under the ‘News’ tab is on its way to its own eight years, being dated 15Jan2015 (sic))

His new stone:

Foto: courtesy of Sanfranman59 (at wiki)

Guess there’s self-interest & self-interest:

(In the vid, please excuse the inclusion of the misanthropic missionary position: see the truth described by Chris Hitchens, free download at – also please excuse the presence of a later pope, & of Amerika’s first black prez, LBJ, & the unforgivable absence of the likes of Paul Robeson, shunned by the majority of the ‘leaders’ of the civil rights movement.)


. . . sleepwalking into the chainsaw . . .

UPDATE, Tu23Aug2022 (& then some)

At that evening’s PNB Finance Cttee, CFO Julia Kennard said, regarding the July monthlies, “who needs to receive it at KPFA, now, umm, that the GM left? […] is there an interim GM at KPFA now?” – no audiofile archived yet, but at 2153 EDT, c. 23mins before the open meeting ended. (One may think a bod chosen by ED Stephanie Wells – but praps by the PNB, given that the ED has said publicly, more than once, that she has no powers, under her contract, (a) to appoint anyone, (b) to dismiss anyone, or (c) to change any programming at any station (“I can’t do anything with personnel, and nothing with programming” (at a KPFK meeting, 1:36:30 … link, etc., at the ‘boxed in/boxed up’ paragraph way below)) – but one needs to acknowledge that the public record does suggest that her contract does give her the autonomy to breathe, move around, & rehydrate. Although she probably did need the PNB’s permission to donate that kidney this month.)

[. . . UPDATE OF THE UPDATE, hereafter 2° UPDATE: PNB Finance Cttee audio now archived (from 1:08:31), . . .]

The Chair, James Sagurton (WBAI listener-delegate), responded quickly & authoritatively: “argh, I don’t think so, not yet, not that I’m aware of. So I guess just send it to Maria, and, umm [long pause] yeah” . . . and to Maria we shall return . . . At the Finance meeting, clarification re the iGM couldn’t come from KPFA’s Treasurer, Chris ‘Janus’ Cory (staff-delegate until 14Jan2023, when his 6yrs are up – first seated as per coz he was MIA – praps plotting, given he’s a breaker, in that KPFA militia, the Protectors: “KPFA Protectors Staff Board Members[:] Sherry Gendelman[,] Chris Cory” –

Maria. Yes, Maria. Maria ‘I never make a mistake, & don’t you dare harass me with questions’ Negret, who happens to appear in the first screenshot above. Maria, the busy business manager, so busy she needs, even in these desperate times, an assistant, “Bookkeeping Assistant, Angie Llarinas” – Pacifica, assistant bookkeeper – same sentence?!? How does this compare with other operating units? Well, the Pacifica Radio Archives has had four full-timers from pre-epidemic times, one being a business manager/bookkeeper, Mariana Berkovich (, even though the FY2021 unaudited revenue, excluding that from Central Services, was only $231k (Oct2021 monthlies – the last publicly available monthlies giving the FY2021 totals). Nevertheless, the whole of KPFT, in Houston, with FY2021 unaudited total revenue of $667k (same source), has been reduced to a single full-time employee, an engineer, & one part-timer, & with ‘Consultant/Temps/Contractuals’ a mere ~$2k a month thru Apr2022 (that’s why CFO Julia reported, “they have one-and-a-half [paid] people there” – c. 11:30 into the Finance meeting [2° UPDATE: per audiofile, 12:33]). [2° UPDATE: KPFT now “only have two part-time employees” – ED Wells, 18:06, 22Sep2022 PNB,] (Concurrently, at WBAI, CTC runs at ~$15.5k a month, so 2-2½ FTE – despite the ‘IRS! IRS! IRS!’ cry by station treasurer R Paul Martin (1:09:26), 22Sep2021 WBAI Finance Cttee, Have FCC investigators, called in by the Pacifica Safety Net breakers, already sent off a letter?)

All publicly available NETA-produced Pacifica monthlies are at

And overall staffing at KPFA, the veritable home of welcomeness, conviviality, & joy? KPFA, home of the bestselling bumper sticker & range of children’s merch, ‘It’s Nice to be Nice’? KPFA currently has more than 30 full-time equivalents: in no uncertain terms, that’s where staff must be chopped – for the sake of the network. And the stock as a flow, KPFA personnel costs have effectively risen 14%, ⅐, since the onset of the epidemic! (All calculations are below, in a pair of paragraphs.) Yes, it’s all about power, inertia, a lack of vision – not a rational distribution of labour-power.

Fundamentally, Pacifica’s decline & crises this century are the responsibility of successive sets of directors sleepwalkers, who have refused to ensure that there is adequate centralised control over operations – the very activities that could have been designed & coordinated to turn a vision for Pacifica into reality. In this, the sets of directors sleepwalkers have dramatically failed to ensure that their main instrument, the executive director, uses a control structure that does the job. Lack of vision. Lack of skills. Lack of control. The observed destructive deficiencies shredding Pacifica are evidence that the directors sleepwalkers have failed, & continue to fail, to discharge their fiduciary duty, their legal responsibility as trustees to protect the assets of this public charity.

. . . no, not a Board of Directors: a Board of Sleepwalkers . . . sleepwalking into the chainsaw . . .

FTE’s at KPFA: FY2022, personnel costs thru Apr2022 annualise as $2 525 834, say ~$2.525m … using the evidence examined in a Nov2021 PacificaWatch post, @ $66k, that’s 38¼ FTE; @ $75k, 33 FTE; @ $80k, 31½ FTE … so, roughly, between 31 & 38 FTE. Part of that data solely concerned KPFA, during June2019, giving estimated average annual personnel costs of $71 463; three years on, 2.525m ÷ 71.5k = 35.3 FTE. But hang on a sec, shouldn’t that figure be deflated given the 14% increase in personnel costs? Only if there’s been a rise in the FTE unit labour cost, such as from $71.5k. So, for example, $71.5k x 1.14 = $81.5k … & 2.525m ÷ 81.5k = 31.0 FTE, which happens to agree with the number derived from the June2019 payroll records of the station’s 47 employees (suggesting a possible staffing freeze). Given the limits of the publicly available info, if a single figure is to be used, perhaps the most reasonable prudent working assumption is 31 FTE – see Apr2022 monthlies, & appendix at

The 14.02% rise in KPFA personnel costs across the 3yrs, 1Oct2019-30Sep2022: FY2019, $2 215 341 (FY2019 auditor’s report, page 35 (the PDF page # always lags, here p. 38); lacking the auditor’s opinion on the figure’s material accuracy – p. 2); FY2020, $2 282 066 (FY2020 auditor’s report, p. 36; judged materially accurate by the auditor, pp. 2 & 3); FY2021, $2 428 265 (NETA’s computation) [2° UPDATE: the FY2021 auditor’s report gives $2 441 210, p. 35; judged materially accurate, p. 2]; FY2022, $2 525 834 (annualisation of NETA’s total thru Apr2022) … year-on-year changes: FY2020, +3.01%; FY2021, +6.41%; FY2022, +4.02% … the +14.02% over 3yrs: 2525834 ÷ 2215341 –; Oct2021 & Apr2022 NETA-produced monthlies.

Well, re the iGM matter, guess neither Julia nor James subscribe to the KPFA e-newsletter: the adieu sob to Quince, signed “KPFA’s Management Team [line-break] Antonio Ortiz, Interim General Manager [with on the next line, four other names – including Maria’s]” (emphases added), not dated but archived as Th18Aug,; Julia, James, newsletter subscription button is, conveniently, in the bottom-left corner of any webpage at (Tino keeps stepping up, but then he is a dancer: at KPFA since 2004, including 4yrs as Operations Manager before Quince appointed him Director of Operations as recently as January –

It’s a pity ED Wells didn’t tell CFO Kennard what’s going on. But i guess that lil prob gets solved in typical Pacifica fashion by there being no CFO from 1Oct – only an NBM, a National Business Manager, an empty vessel getting a few mentions that evening. Brilliant.


[Two 2° UPDATES, the first much longer:

[. . . 2° UPDATE: a vessel now filled, without as much as a vacancy advert or even a job description, by KPFT’s bookkeeper/business manager, Markisha ‘I’m so calm I could be basking in the Gulf – and yes, I’m cooler than Cerene’ Deshaun Venzant-Sampson – although her appointment hasn’t been thought worthy of a public announcement at any Pacifica meeting or in any Pacifica statement, the word ‘Markisha’ simply mentioned in passing. (The ‘V’ part of her name is usually misspelt in Pacifica docs.) Good luck in getting the Sep monthlies out by mid Oct – or before Xmas. And good luck trying to cope with Maria.

[And no, no director sleepwalker has publicly asked why there’s no disclosed timeline for hiring a new Chief Financial Officer; nor why there’s been no discernible progress, not even the placing of an advert.

[And it gets worse. Despite the dire situation, with NETA giving up on Pacifica, making it go it alone, with no cash to hire anyone (not even a GM at KPFK, to replace a guy trying to do the job from 3 000 miles away), no director sleepwalker or member of the PNB Finance Cttee has asked for a public disclosure of what’s at stake here: (a) the plan of the NETA ⭢ Markisha ‘transition’, with temporal details; (b) the achievements & cock-ups of this ‘transition’; (c) how Pacifica will try to mitigate for what Markisha can’t do; & (d) what are Markisha’s qualifications to do bookkeeping & accounting, her skills, & her experience in these quite different fields? The directors sleepwalkers, & the station treasurers of the PNB Finance Cttee, don’t seem to recognise how weird this silence is. It’s the practice of the politics of the emperor with no clothes: ignore it, & it’s not there. Denial = no problem exists.

[On the legal matter of Pacifica saying they don’t have a designated CFO, please see the note at the end of the ‘Chief Financial Officer’ section of (a webpage also accessible from the drop-down menu atop each page of this blog). In a phrase, the California Corporations Code says that when the chief financial officer post isn’t filled then in law the corp’s treasurer is that postholder – unless the org’s rules prevent that . . . and that’s how it is with Pacifica.

[As explained in the note mentioned, Pacifica’s “Board Treasurer” – the by-laws don’t refer to a corporation treasurer – is the Chair of the PNB Finance Cttee. This year that’s James Sagurton (WBAI listener-delegate). James ‘terms out’ his 6yrs on 7Dec2022 (his last currently noticed PNB Finance Cttee meeting is Tu22Nov), having come 5th in the delegates election held 2016, & seated at the 7Dec2016 WBAI delegates’ assembly. (Remember, one is elected as a delegate – not as a local station board member – and being a delegate entitles one to be seated as a member of the LSB, so making this derivative.) The current PNB Finance Cttee has expressed no inkling that they’ll need to elect a new Chair this year.,,, (pump in ‘WBAI Delegates’), &

[Not having a CFO poses at least one problem: the FJC contract. Requirements. Certifications. CFO certifications. Who’s going to become legally liable for the promises that a CFO has to contractually make, re ‘the big loan’, to the Foundation for the Jewish Community, operating as FJC? The promises are of two kinds: “[t]he financial statements shall be accompanied by a written statement of the Chief Financial Officer of Borrower certifying the financial statements to be true and correct” (Section 6.2 of the root loan agreement document, p. 11; p. 12 of the PDF); & “[w]ithin one hundred twenty (120) days following the close of each fiscal year of the Borrower, Borrower shall provide to Lender a certificate (the CFO Certificate) of the Chief Financial Officer of Borrower, in form and substance acceptable to Lender, certifying to the compliance of the Borrower with the covenants set forth in Article 7 of this Agreement” (§ 6.3, same pagination, original bold & underline)., &, the root loan agreement doc,

[Both certification deadlines are 28Jan2023 – as the date also applies to the FY2022 audited financial statements (§ 6.1, p. 10; p. 11 of the PDF). The feasibility: (a) only twice in the last 28yrs has Pacifica been speedy (FY2006, 19Jan2007; & FY2007, 14Jan2008); (b) NETA have walked, leaving Markisha in the void; & (c) auditors, Rogers & Company, given the complaint they face, have probably already scarpered.

[(The loan is now $2 258 821, down $1 006 179 (30.8%). In FY2019, $100k was repaid, & the rest in FY2022 thru 20July2022 (the FY2021 auditor’s report helpfully gave the balance at the day when FJC extended maturity to 30Oct2024) – however, Pacifica, & the auditor’s notes, haven’t disclosed the date, sum, & reason re any payment: per auditor’s reports, FY2019 (pp. 3 & 16; pp. 5 & 18 of the PDF), & FY2021 (pp. 3 & 29; pp. 5 & 31 of the PDF), The current quarterly interest payment is, @8.5%, $47 999.94, ~$48k – The next one, the 18th, so 4½yrs, is due 30Sep (the 1st fell on 30June2018, per §2.3(1) of the cited loan agreement, p. 5; p. 6 of the PDF). Pacifica listeners & members have handed over the best part of $1m of their donations to FJC as interest.) [The ¾ percentage point rise effective 22Sep will cost Pacifica an extra $16 941 pa – with a double-whammy expected of at least a further +1 point to endure for a year, pushing the annual charge to $231 529, a quarterly ~$58k.] . . .]

[. . . 2° UPDATE: re Quince, KPFA management preferred to make the announcement via YouTube rather than the station website. The channel, KPFAradio, started 30May2007, & since Jan2022 it has produced ‘On the Deck’, first as a monthly, then weekly from 3May (playlist: It’s hosted by the Social Media Manager, MikO Tolliver, & since 31May she’s been joined by Tino. (No typo:; oddly, her name is omitted from the Social Media section –; not that that would impair her self-promotion/self-expression,,, etc., etc..) The announcement of Quince’s passing was made 5Aug (6:10-6:38; 408 views) – but not in the intro itself. Those paltry seconds contrasted with the >8mins obituary given days later to a host, & staff-delegate, Jeannine Etter (9Aug, 1:54-10:26). Quince got another mention, 16Aug (0:09-3:44; 9 views), when Tino read a script (sic), after MikO had introduced him as Interim General Manager. She even tapped him on the head. Sweet.

(Ms Etter was elected Nov2019, seated part way thru the 14Dec2019 LSB meet (new LSB roll-call, 11:50; the old one, 0:02), & her replacement (so only for the Sep, Nov, & partial Dec meets) is Ann Garrison, a noted anti-breaker – that’s if she can stomach Christina ‘Nurse Ratched’ Huggins et al..,, & . . .]


On Steph being boxed in/boxed up by the PNB, with minimal powers – so ‘the Vernile effect’ – she revealed all at the Su26June2022 KPFK Outreach Cttee (1:33:10-1:36:41, the topic continuing to pop up thru to 1:49:48) – still not posted at, but it’s here, (please rise above the crackle – the recording came from the Cttee). Given how she described what the directors sleepwalkers expect of her, as codified in her employment contract, Steph merits being denoted as ER Steph: not the Executive Director but the Executive Recommender. At long last, Pacifica has a social influencer!


This Quince piece is part of a triptych, the other flank being his olde friend, Berthold (who’s now telling the world that he’s looking for a new job: “[s]eeking a Director position”), with the central panel graced by an imaginative hiring idea spawned within the Su21Aug PNB Personnel Cttee. Yes, an employment theme.

If the energy allows, there’ll be an examination of the KPFK FY2023 budget, presented to the W24Aug station Finance Cttee. It was met by a series of motions, none of which passed. It’s due to be discussed at the Su28Aug KPFK Local Station Board. It had been prepared by KPFK Treasurer Kim ‘(sigh) yes, Bella? (sigh)’ Kaufman, CFO Julia ‘I work a 73hr-week, for Pacifica – what is wrong with me?’ Kennard, iGM Moe ‘what new excuse can I come up with to avoid going to the next KPFK meeting?’ Thomas (WPFW’s full-time engineer, & also working at KPFT – there seems to be no truth in the rumour that Pacifica is trying to lend him to a station in Alaska), & his assistant, Ali ‘Michael, I’d rather go after Beth’ Lexa Al-Hilali (director sleepwalker, & staff-delegate – what about management not being eligible for Pacifica staff membership? – see sub-section B, [2° UPDATE: director sleepwalker Ali Lexa has just left the sinking ship – mentioned in passing at the W14Sep KPFK Governance Cttee by Chair Michael Novick (listener-delegate, & LSB Chair). He reminded us, the iGM lives in Maryland. So now losing his right-hand in Los Angeles. Pacifica is unravelling.]

The budget displays a $1 124 158 loss, with the $2 219 403 expenses not covered by the $1 095 245 revenue. [Please see UPDATE below.] Put another way, revenue isn’t even half of expenses! (Strictly true, as it comes in at 49.35%.) What was the lengthy title of the lengthy PacificaWatch analysis, posted 19Nov2021, nine long months ago, & distributed at that time by Chair Blair to the KPFK Finance Cttee members? “Today KPFK is losing money at a rate of ~$3 500 a day, ~$105k a month, ~$1.26m a year as per the docs. Why does no-one publicly recognise the scale, the urgency?” (The loss-making machine has slowed down a lil: 1124 ÷ 1261 = 0.891, so an 11% improvement.) One can but try . . . although it’s a lil different from Mohammed & the mountain –

[UPDATE: the budget presented to the Su28Aug KPFK LSB had two immaterial changes: a deletion of an unjustified $3k from total revenue, & the addition to it of $10k (presumably to “Sponsorship”, doubling it from $10k to $20k coz of the likely PNB move to encourage underwriting, Politese for advertising). The adjusted totals presented that Sunday: revenue $1 102 245, expenses $2 219 403 (so, Central Services $500 868, others $1 718 535), loss $1 117 158.]


Milosz: Pacifica’s reality


A Song on the End of the World

On the day the world ends
A bee circles a clover,
A fisherman mends a glimmering net.
Happy porpoises jump in the sea,
By the rainspout young sparrows are playing
And the snake is gold-skinned as it should always be.

On the day the world ends
Women walk through the fields under their umbrellas,
A drunkard grows sleepy at the edge of a lawn,
Vegetable peddlers shout in the street
And a yellow-sailed boat comes nearer the island,
The voice of a violin lasts in the air
And leads into a starry night.

And those who expected lightning and thunder
Are disappointed.
And those who expected signs and archangels’ trumps
Do not believe it is happening now.
As long as the sun and the moon are above,
As long as the bumblebee visits a rose,
As long as rosy infants are born
No one believes it is happening now.

Only a white-haired old man, who would be a prophet
Yet is not a prophet, for he’s much too busy,
Repeats while he binds his tomatoes:
There will be no other end of the world,
There will be no other end of the world.


Czeslaw Milosz, A Song on the End of the World, Warsaw, 1944, translated by Anthony Milosz, in Czeslaw Milosz, New and Collected Poems 1931-2001, HarperCollins Publishers (New York), 2003, pages 56 & 776 – free download at


[Pertinent is the successful 2022 news blackout, keeping secret even the concrete topics of any significant PNB decision (made in the famed ‘executive sessions’), the cherry on the top of the increasing number of open meetings either lacking a publicly available audio recording or even closed to the public thru the withholding of joining details when they aren’t streamed. Every lil bit helps. This exercise in opacity makes it even more likely that Milosz is right, that “There will be no other end of the world, / There will be no other end of the world.” – “And those who expected lightning and thunder / Are disappointed. / And those who expected signs and archangels’ trumps / Do not believe it is happening now.” Gotta luv it. Only goes to prove that when Pacifica decision-makers really put their mind to something, even without coordination, they can come up trumps. Now there’s a thought.]


Today KPFK is losing money at a rate of ~$3 500 a day, ~$105k a month, ~$1.26m a year, as per the docs. Why does no-one publicly recognise the scale, the urgency?

. . . KPFK is in the distance, just left of centre, set in the Hollywood Hills; the transmitter is upper right, Mount Wilson; foreground is that urban beauty, Pregerson Interchange, with Harbor Freeway (Interstate 110) heading north, & Century Freeway (I-105) running west-east . . . LA, 2009 – not a composition by the excellent Edward Burtynsky, 60 x 75 ins. (a sight to behold) . . .

[Today is another example of the civilisatory decay that is the USA. Rittenhouse shows there’s no safety on the streets. The coming history, exacerbated by elections, will show that Rittenhouse isn’t an anomaly. Some social scientists, including political strategists, have used an approach glossed as ‘in & against the state’; now we shall see an acceleration of ‘in & with the state’. Intensifying the integral state. Vigil, Latin = awake. If you can’t make it into the police & military, making a career out of defending the social order, no prob: just serve the community, do some community organising, weaponising it with a vigilante group, protecting women, property, the good life, apple pie. Acting local, thinking national. Awake, stay woke, be watchful, then act, extinguishing the danger. Fair & reasonable. Right & proper. Erwachen, Amerika! Vigilantes, the new social justice warriors. Another new golden dawn for Amerika.

[Meanwhile, back in PacificaWorld . . . this is the first of three posts on KPFK’s crisis. Programming has turned away listeners; only one net income in the 15yrs, FY2006-2020. It has meant that for the period, the gross cumulative loss is ~$2.851m (an average of ~$204k per deficit year), & the net cumulative loss is ~$2.732m. What’s different now is a reinforcing dynamic: the station’s rate of pecuniary loss has a velocity escaping the ability of Pacifica to amass cash to pay creditors. It’s inevitable that KPFK will continue to shrink. But the crisis only becomes existential for Pacifica, & KPFK, if there’s excessive delay – worryingly, a delay already displayed by the directors & Executive Director Lydia ‘Fabian’ Brazon since Jan2020, so before the epidemic started in southern California.

[(This post is long, so it’s also made available as a four-parter.)

[The other two posts in this KPFK triptych: the latest fund-drive, Tu5Oct-F5Nov; & its immediate context, the fund-drives since Oct2018.

[UPDATE . . . the Sep2021 NETA-produced monthlies are now available, so another post will show if this changes the estimate. UPDATED UPDATE . . . the Sep & Oct monthlies were used for this purpose in a 22Dec2021 post,]


The great & the good haven’t told us – but their documents show the reality. The headline is where KPFK, & Pacifica, is at.


Why bother to estimate KPFK’s current rate of loss-making? Because the scale of loss-making per unit time, such as per month, needs to be known by management, especially in giving meaning to estimated cashflow. It provides a baseline: if nothing changes, & the current financial performance persists for 12mths, say, this is how bad it’ll be. The presentation of this figure with evidenced argument isn’t in the public domain – hence this attempt. The current rate of loss-making is a measure of the generative power of the present, a representation of the present as future, the unfolding of what’s already there.

To be clear, the formulae used here are an attempt to estimate KPFK’s current rate of loss-making, & then using the typical period of one year to illustrate its meaning. Judgement is applied to the latest available historic info to put a number on each of the constituent variables. The result is an estimation of KPFK’s total loss at 5Nov2022 if nothing changes.

The KPFK headlines, not read on the Pacifica Evening News:

• current total revenue, annualised: $1 674 811 per year . . . $139 568 per month . . . $4 588 per day

• current total expenses, annualised: $2 936 208 per year . . . $244 684 per month . . . $8 044 per day

• current rate of loss-making, annualised: $1 261 397 per year . . . $105 116 per month . . . $3 456 per day

• so, loss-rate of over $1.25m a year . . . over $100k a month . . . over $3k a day

cuts needed to be in balance: 43% (42.96)


This is an emergency. Pacifica needs to act urgently. The directors & senior managers need to act as a Cttee on the Present Danger.


The coming seven sections, some quite petite, plus an appendix:

•1• the Th18Nov PNB rises falls to the occasion

•2• “[t]he financial goal would be to balance our FY22 budget against our lowest-income expectations” – KPFK station manager, Miquel Calçada, Su17Oct2021 KPFK LSB

•3• the ‘in balance’ unargued mantra

•4• formulae re current loss-making: total revenue; total expenses

•5• assumptions re current loss-making, & why: general; revenue; expenses

•6• workings re current loss-making: total revenue; total expenses; total loss

•7• discussion: general; revenue; expenses

•A• appendix: how many employees work at KPFK? the average personnel cost?

. . .

•1• The Th18Nov PNB rises falls to the occasion

This scale shows how naive were the proceedings at last nite’s Pacifica National Board meeting. Otherworldly. It really was. Saving $30k here, $40k there. Simply doesn’t cut it.

The pearls of wisdom adorning our leaders, for all to see:

Um, ok [pause], argh [pause], it’s a serious situation and, urgh, it’s pretty obvious that we have to do something” (PNB Chair Alex ‘Miguel, report to me in 3 minutes, & Blair, you’re a loser, get outta here’ Steinberg, WBAI listener-delegate, 12:35 into the KPFK item –; not yet in the meetings archive . . . [UPDATE: still not at as of F10Dec. For more than 6wks now, there have been less audiofiles in the archive. Obviously coincidental.]) . . .

. . . Alex. Exercising all his skills & expertise honed from tens & tens of meetings chatting on the PNB Strategic Planning Cttee, a body that even now has only produced one document, on 5Jan2021 (4:14) – A document so important it took over 7wks before the PNB bothered to look at it, on 25Feb (13:18) – no minutes at kpftx, but audiofile, Then promptly buried – never put on a Pacifica website, never cited in public. Never. That’s been its practical value. Even its title is wrong: “Strategic Recovery Plan for Pacifica Radio, Inc.” – but then Alex had only been first seated as a director on 29Jan2010, & when submitting the doc he’d only been in post for a year as Chair of the Board of Directors, the custodians & trustees of the assets of the public charity registered as Pacifica Foundation, Inc.. Jesu.

PacificaWatch found the doc on the Aaron/Rosenberg anti-breaker 2nd-referenda site, Pacifica Democracy Project, & even there it was buried in ‘Resources’ – but it’s so thin, physically & conceptually, why the surprise – It’s a mere 4½ pages. Occupying two pages are all of “Emergency Strategic Plan: Immediately address deficits at the stations” (I kid you not), “Short Term goals: Addressing the Loan” (ditto), & “Medium term goals: Restore CPB funding” (I give up). This left the opportunity for musings, some sky-blue thinking, as in “I wandered lonely as a cloud / That floats on high o’er vales and hills”, freeing Alex to discourse for 2½ pages on “Long Term Strategic Plan and Goals”. Priorities. Easier to think of the future than the present. Perhaps an expression of his political formation.

Ah, the PNB Strategic Planning Cttee. A jewel in the crown of recent PNB’s. A light not to be hidden under a bushel. Its gestation was the late 2017-early 2018 threat of bankruptcy, transformed into debt, courtesy of the Foundation for the Jewish Community, known to most as FJC. The Cttee first met 12Mar2018, &, like a photo of a 1918 Bolshevik Central Cttee, only Cdes Alex & Jan of the original 11 are left standing (& they topple off the mortal coil of PacificaWorld in a few weeks’ time, terming out): Carole Travis (not McMichael), Mansoor Sabbagh, Joseph Davis, Alex Steinberg, Tony Leon, Tom Livingston, Nancy Sorden, Janet Kobren, Jan Goodman, Efia Nwangaza, Sam Agarwal. (The memories, the memories.) The Cttee’s purpose: “[t]he mandate of this committee is to propose to the PNB the implementation of a financial recovery plan to address both the short term and long term requirements of the Pacifica Foundation. As such this committee is charged with the responsibility to consider all options for raising funds and/or liquidating assets as well as restructuring the business model of Pacifica” (emphases added – minutes of the inaugural meet, 12Mar2018, Never got near. But not for lack of trying. In 2018 met 15 times. In 2019 met 11 times. In 2020 met 11 times. Then the golden dawn on 5Jan2021, the 38th meet. Being on a roll, why stop? Met 9 times since. And there’s still another 6wks to the year. For their 50th, maybe they’ll give each other medals. Especially as there haven’t been any new draft docs to hand around. Stakhanovite – and yes, Стаханов was an Алексей, Alexey.

(And Chair ‘Fabian’ Steinberg is displaying bad manners as he tries to cope with a situation he has helped create. It seems almost as an afterthought that Miquel was even invited to the meeting, causing him to put it on the record that “I have the encouragement of my iED – I cannot talk the same way regarding the PNB. I was aware of my presence in this meeting just half an hour ago, and this is an urgent meeting to discuss KPFK financial situation” (49:08, emphases added; an intelligent verbatim transcription; responding to a question from DeWayne Lark, 2020 PNB Vice Chair, & KPFT listener-delegate, but crashing out in the recent LSB election to the likes of Sister Mama Sonya, but achieving the rank of 5th alternate – could have been worse). And then the dismissive disdain delivered to KPFK Finance Cttee Chair Fred Blair by a 1-2 from ‘Fabian’ & his side-kick, PNB Finance Cttee Chair James Sagurton sounding like one of Jimmy Hoffa’s capos with his “do we want him back for the closed session?”, evoking from ‘Fabian’ a bored “I guess so, huh” (53:46). Uncouth. This followed the attempted humiliation of Fred by ‘Fabian’ the week before, as if he was personally responsible for the disastrous fund-drive (15:21) – Tu9Nov PNB Finance Cttee, Deplorables.)

And the pearls from last nite’s PNB just kept on glistening:

“[s]o, argh, so your budget will be reduced by about 70 [$70k] a year just with that one [cough] excuse me – that one, argh, re-do of our telephone services” (Executive Director Lydia Brazon, 13:15 into the item);

then Miquel:

“I don’t want to fill you in-in-in peanuts, like printers. We have seven printers [laughs], in a station that doesn’t print, that we have to pay our-our-our, argh, um – anyway. Argh, so these are minimum things. There are other things that-that concern me, but even this-this [sic] lil things, um-um, it’s really frustrating and difficult to move, argh, to move ahead” (GM Miquel ‘yes, I am indeed as demoralised as I sound’ Calçada, 22:34) . . . Miquel, better get used to it – or resign & spend Christmas in Catalonia.

The luminaries of the PNB Finance Cttee also couldn’t wait to get in on the act:

Chair James ‘oh, R Paul, I didn’t tell you Berthold was presenting the FY21 budget tonite?’ Sagurton (WBAI listener-delegate) tried to move a motion, Chair Steinberg & ED Brazon asphyxiated him, Jim cried out with a “[sigh] I’m going to object to that, mmm [whimper]” (45:07), the assault continued, there was no ‘I appeal the ruling of the Chair’, & the world was to hear no more;

loser in the Chair election, Chris ‘I’m no Sisi’ Cory (KPFA listener-delegate), knowing there’s no point being on a committee unless you speak, spoke, excelling himself, exercising all his critical faculties, eliminating tertiary, even secondary questions, getting right to the heart of the matter, putting his query to Miquel, crafted, concise: how many members does KPFK have? (50:38) . . . bless us & save us. (‘Janus’ has just won a staff-delegate seat, & if the rulers of the KPFA LSB deign to follow by-law Article 4, Section 8 next month he’ll be seated in a seat with armrests . . . but the meetings archive shows that not even one KPFA meeting is noticed, for anything . . . his term ends c. 1100 PST 14Jan2023 (first seated as per, maxing out the 6yrs, with Richard Wolinsky the 1st staff alternate. [UPDATE: a LSB was noticed 24Nov for Sa18Dec.]); &

Beth ‘I’m really Queen Liz III, but no need to bow – well, not until I become Chair of the PNB, ascending another throne’ von Gunten (KPFK listener-delegate) found the proceedings somewhat common, & to avoid being sullied, refrained from comment, preferring the dignity of silence whilst dining leisurely in her chambers with a slice of Marie Antoinette & a cup of Earl Grey – served to her on a silver tray, of course. The Queen of PacificaWorld distains public proceedings, preferring privacy, unencumbered by all those CPB rules, safely ensconced, from prying eyes, secreted away, deciding Pacifica’s future. The Golden Age of Appointed Boards, GAAB, was so much more suited to the disposition, to the station, of Her Maj.

However, the other director on that Cttee, Julie Hewitt (WPFW listener-delegate), was a lil different:

“one thing that’s kind of interesting about this conversation so far is that we have spent a lot of time talking about telecom, and, you know, even if we started realizing that $70,000 savings tomorrow, argh, that wouldn’t knock a dent in but one month’s deficit, and so that’s the sense in which I think we need to make sure that we don’t focus too much on one thing, and make sure that we’re looking at the big picture, and honestly, um, you know, what-what I think we really have to do is come up with – I say ‘we’ coz I want to think of this as one Pacifica, right – um, think of a way that we’re gonna really raise revenue because there really isn’t, um, you know, a cushion of cash around the Foundation that-that we can, you know, kind of let KPFK work itself out, work its issues out over time, and so what I’m hoping is that, urgh, your work with the LSB will-will turn out to be fruitful in-in the very near term, and then if it really isn’t, that you have a Plan B that you start executing, you know, where you’re maybe asking some of the other stations for help in terms of pitching because if you don’t have people who are good at it at KPFK, urgh, or who are experienced, maybe, you know, folks from other stations can help you out, at least through this December pledge-drive, and really make this December pledge-drive a kind of a bang-up, urgh, you know – do other kinds of advertising to make sure that people are listening to the station, you know, use your networks of people to, you know, post things on Facebook, and-and Twitter, and what not, to-to-to build up your listener base” (26:07, emphases added – this all the more impressive for Julie probably not being aware of the composition style of Thomas Bernhard).

“[M]ake sure that we’re looking at the big picture”. Now there’s a thought . . .

But no sooner was the very idea mentioned, the blank canvas was turned around, the frame propped against the wall, out of mind’s eye. Instead of inspiring the outline of an approach, it died. There & then. Not even evoking a glimmer of enlightenment from others. Not even a mumbling of the p-word – except in a remark by Lawrence Reyes (15:22), KPFK listener-delegate, so un-serious that he didn’t even follow it up when Miquel evaded.

But all this happens when the directors fail to provide leadership. Passive. Thru & thru. The directors: allowing themselves to be overrun by events – well, allowing KPFK to be drowned in debt. But then, if one station bites the dust, run on a minimal budget, just like KPFT has been these last 6yrs, then maybe that’s not so bad coz it reduces competition for cash when the next station ‘falls’ on hard times. Hostile brothers, if not sometimes “einen Kampf der feindlichen Brüder”, a struggle between enemy brothers, as Chuck put it.


•2• “The financial goal would be to balance our FY22 budget against our lowest-income expectations” – KPFK station manager, Miquel Calçada, Su17Oct2021 KPFK LSB

If he’s a man of his word, & not a hypocrite, the budget will be ~$1.675m. That means cost-cutting of ~$1.261m (2.936 − 1.675). That’s 43%.

Miquel, a man of his word?

Source: (the quote as per the text), & (36:17).


•3• The ‘in balance’ unargued mantra

For an accounting unit, a station, to be ‘in balance’ is neither an operational imperative nor a moral one. No. Concerning money, the relevant organisational unit is not a station but Pacifica; therefore the relevant accounting unit is not a station but Pacifica. This is the conceptual framework for a substantively rational Pacifica budget-formation process, one that prioritises amongst the needs of the constituent operational units, the stations. This means there has to be a Pacifica network development plan – the expression of a comprehensive vision. From this is derived how much each station gets to spend.

Framework-&-plan is the best reason for rejecting the ‘pull y’self up by y’bootstraps’ folk naivety, the self-financing idea for the parts of the whole.

Ok, a comprehensive vision is a somewhat un-Pacifican idea for many, but it’s needed to meet the urgency of already being in the 3rd decade of the 21st century, & over 50yrs since the glory days of the anti-Vietnam war demonstrations. RealWorld has moved on. PacificaWorld hasn’t. Suffocating in a time warp. The radio isn’t what it used to be. But what’s going on is a lot more than what’s to hand: it reaches much, much further, for a new horizon has opened up for humanity: digitisation. As I put it June last year, in an earlier appeal for an approach adequate to the scale of Pacifica’s problems:

[i]n any case, a radio signal isn’t what it used to be. Digitisation has caused broadcasting to be transcended by providing. The broadcast schedule, transcended by the download list. The position on the dial, transcended by reputation, sustained by social media, enhanced by branding. The radio, transcended by mobile digital devices. Radio is 20th century, it’s passé. It’s one reason why the BBC since 2018 no longer speaks of radio but of ‘sounds’: not a device, but an output.

PacificaWatch, ‘Two-stage emergency plan; & signal-swap to release cash. Response to remarks by Mr Burton’, 11June2020 –; &

Under present conditions, only a signal-swap can provide the necessary cash for implementing a Pacifica network development plan. That’s out of the picture, if only because agreeing a swap can take a number of years. Therefore, present conditions need to be changed not from without but from within: the course of action required is creating the political conditions for a planned, holistic, systematic shift of spending from KPFA to the other stations – not so much to stop their suffering but to give them the cash to have the opportunity to flourish. There is no other possibility. Obviously it requires a thorough overhaul of management – national & especially station – to ensure that the money is spent not just in a satisficing way but in an exemplary way. As reactionaries are quick to say, every crisis is an opportunity. It’s about time Pacifica learnt from the enemy.

If this doesn’t happen, not Groundhog Day as such but Groundhog Day in a tailspin. As the tormented Sardinian hunchback with the Albanian name put it, “[l]a crisi consiste appunto nel fatto che il vecchio muore e il nuovo non può nascere: in questo interregno si verificano i fenomeni morbosi piú svariati” – the crisis consists precisely in the fact that the old is dying and the new cannot be born; in this interregnum a great variety of morbid phenomena appear.

But don’t the Articles of Incorporation require station self-sufficiency?

A common belief, yes, but no, a mistaken belief. Article II identifies purposes, & sub-article (b) says, “the purposes of this corporation shall be: (a) […] (b) To establish and operate for educational purposes, in such manner that the facilities involved shall be as nearly self-sustaining as possible, one or more radio broadcasting stations licensed by the Federal Communications Commission […]” (emphases added; article as amended 19Aug1948 – Making explicit what’s here, by separating the subordinate clause, we have “the purposes of this corporation shall be […] To establish and operate for educational purposes […] one or more radio broadcasting stations licensed by the Federal Communications Commission”, & “in such manner that the facilities involved shall be as nearly self-sustaining as possible”. The corporation’s facilities, the Pacifica facilities. The organisational unit stamped with ‘self-sustaining’ is Pacifica, not each station. So ‘self-sustaining’ is the attribute of facilities, not stations – and it seems obvious that it was said in this deliberate way to be consistent with the originary funding conception: Pacifica is an endeavour paid for collectively by the members & listeners – not outsiders, such as grantors & underwriters.

So not saying ‘in such manner that the stations involved shall be as nearly self-sustaining as possible’. So not saying ‘To establish and operate for educational purposes one or more as nearly self-sustaining as possible radio broadcasting stations‘. So not saying ‘To establish and operate for educational purposes one or more radio broadcasting stations, each of which shall be as nearly self-sustaining as possible’. No: the “self-sustaining” pertains to “the facilities”, undifferentiated facilities, the facilities collectively, the Pacifica facilities – not the facilities of each individual station. That’s why the linguistic construction is what it is: the particular concerning “the facilities” is slotted in, splitting the sentence – so much so, it warrants being enclosed by a pair of dashes, not commas.

That’s why Pacifica needs a network development plan – to stop the firefighting that inevitably arises because not all stations are adequately resourced to achieve resilience with a stable cashflow, making them vulnerable when adversity strikes; & the firefighting has been continuous because some stations have been allowed to degenerate, & languish. Rooting Pacifica in the present, never envisioning the future. But will Pacifica political conditions ever allow such a plan?


The remaining sections:

•4• formulae re current loss-making: total revenue; total expenses

•5• assumptions re current loss-making, & why: general; revenue; expenses

•6• workings re current loss-making: total revenue; total expenses; total loss

•7• discussion: general; revenue; expenses

•A• appendix: how many employees work at KPFK? the average personnel cost?

. . .

•4• Formulae re current loss-making: total revenue; total expenses

• total revenue = fund-drive revenue + background listener support & donations + other revenues

= (120 days x 5836 pledged daily x 0.78 fulfilled, the last two per the 5Oct-5Nov drive) + (245 days x daily average of April & July 2021, per the Aug2021 NETA-produced monthlies’ KPFK net income statement) + (other revenues, per the FY2020 auditor’s report, p. 34, being p. 37 of the PDF)

• total expenses = 12 x average of June, July, & August 2021 expenses, per the Aug2021 monthlies’ KPFK net income statement

• To be clear, these formulae are an attempt to estimate KPFK’s current rate of loss-making, then using the typical period of one year to illustrate its meaning. Judgement is applied to the latest available historic info to put a number on each of the constituent variables. The result is an estimation of KPFK’s total loss for the year thru 5Nov2022 if nothing changes. One doesn’t need reminding that the $3.165m loan from FJC, taken out 2Apr2018, falls due at this time, on 30Oct2022 (FY2019 auditor’s report, p. 15, being p. 17 of the PDF; that for FY2020, p. 16, being p. 18 of the PDF).

FJC policies, publicly stated: the maximum duration of a loan is 5yrs; & it never takes defaulters to court, instead selling the debt, without discount, to the Marty & Dorothy Silverman Foundation. If it doesn’t look like Pacifica is coming up with the cash, then FJC will either sell the debt in Oct2022 or extend 3mths, say, if the money is likely to come thru from another lender. The two policies are fully evidenced at


•5• Assumptions re current loss-making, & why: general; revenue; expenses

These follow the sequence of the terms in the formulae.


• In this attempt to estimate KPFK’s current rate of loss-making there’s no fine tuning, no adjusting of published figures. Both uncertainties & contingencies are many, plus the latest info in the NETA monthlies is August, so almost a quarter of a year ago. Adjusting would only create the illusion that precision is accuracy. We also have to accept, as with the climate emergency, that tipping-points, unknowingly, may have already been passed – our knowledge imperfect, even dangerously so.


• Assume 120 days in drive. A 1:2 split for the year. (For FY2021, so thru 30Sep2021, drive really was driven: a mind-numbing 186 days, 51% of the year (dates given below). Pausing to absorb this, one’s reminded of the title of a memoir by Frigyes Karinthy, Utazás a koponyám körülA Journey Round My Skull.)

• Let the daily pledged be the average of the last drive, 5Oct-5Nov, $5 836 (186761 ÷ 32 days) – KPFK Treasurer Fred Blair (10:06) to the 9Nov PNB Finance Cttee, (Although, with KPFK in decline, it can be reasonably argued that this figure should be slightly deflated for the coming 12mths, not least because of donor fatigue; however, doing so by 10%, say, wouldn’t cause a material change given the rate of loss-making.)

• Let the fulfilment rate be the latest provided, 78%, as per the “about 78%” on Tu9Nov from Chair Blair, big cheese of the KPFK Finance Cttee, a veritable double-air cheeseburger, melting into oblivion (answering a query at that PNB Finance Cttee from Chair James Sagurton (30:18) – link above). The previous rate given publicly was 76.8%, by KPFK business manager Barry ‘The King’ Brooks (18:17), for the Tu20Apr-F4June drive (16June KPFK Finance Cttee –

• Background listener support & donations:

(a) there’s no one-to-one mapping between the NETA monthly revenue categories & those appearing in the subsequent auditor’s report: the unaudited monthlies have “Listener Support”, “Website Income”, & “Major Donor Income >$1K/Yr”; whereas the auditor’s report has “Listener support and donations, net”, & “Grants & contributions”.

Re KPFK’s FY2020 revenue, the Aug2021 NETA monthlies give ‘Listener Support’, $2 108 695; ‘Website Income’, $409 470; & ‘Major Donor Income >$1K/Yr’, $67 868; whereas the auditor’s report gives $1 951 112 for ‘Listener support and donations, net’ (p. 34; p. 37 of the PDF). That’s why ‘Website Income’ can’t be assumed to be solely from listeners – although one wonders who else gave the money & why. (These docs are linked at the end of this ‘Revenue’ section.)

The auditor’s report has only one other sizeable revenue category: ‘Grants and contributions’, $644 644. Audited total revenue is $2 635 743. This contrasts with the unaudited NETA total of $2 793 326 – an overstatement by $157 583 (~6%, 2793326 ÷ 2635743 ⇒ 5.98%). It would be nice to see an explanation of this, & others & similar – maybe the KPFK Finance Cttee can ask NETA.

Pacifica, if only as a courtesy to the members, staff, & listeners should have a publicly available note explaining the mapping. In that absence we have the spectacle of the elite parading in front of the plebs: the insiders talking about x, y, z when hardly anyone is in a position to contradict them or even ask an informed question. The quiet work of the info gatekeeper usually goes unnoticed & unrecognised, invisible, taking the form of the presence of absence – but this sentinel is essential for the Pacifica secrecy culture;

(b) given no explanation of the mapping, a paucity of information, & even less confidence in the posting accuracy of station-level bookkeeping, not least because Pacifica doesn’t use a uniform chart of accounts, the only rational course is to solely use ‘Listener Support’, per the August monthlies, for the auditor’s category, ‘Listener support and donations, net’. The April & July 2021 totals are taken because they’re the only months in FY2021 largely free of fund-drive, & less likely to have received money from the previous drive: 19 days free in April (the previous one ended 7Mar; re-started 20Apr); 19 days free in July (the previous one ended 4June; re-started 20July). No adjustment has been made to them not being free of drive days – again, immaterial given the scale of KPFK’s rate of loss-making; &

(c) no deflator applied to the April & July 2021 totals, as just reasoned.

• Other revenues: again, no deflator applied.

• Sources: 186 fund-drive days in FY2021 (various audiofiles, for Th1-Sa31Oct2020 – 31 days, Tu1-Th31Dec2020 – 31, M1Feb-Su7Mar2021 – 35, Tu20Apr-F4June2021 – 46, Tu20July-Tu31Aug2021 – 43); 5Oct-5Nov fund-drive (Chair Blair, 10:06),; Aug2021 NETA monthlies,; FY2020 auditor’s report,


• The expenses are calculated as the average of the June, July, & August 2021 totals, per the August monthlies. The last three months are used because (a) the trend in 2021 is downwards; (b) July is 6% up on June; (c) August is suspiciously low given that being all month in drive, many of the associated costs weren’t there, not even as invoices from previous drives: within the much reduced ‘Development Expenses’ there was no ‘Telemarketing’ charge, & the charge for ‘Premiums from Other Vendors’ was way down; & so, (d), it’s prudent to average total expenses over those 3mths.

• The depreciation charge is absent, as a matter of course, from the net income statements constituting the NETA monthlies. KPFK’s is so low it makes no sense to use an estimate in the current exercise. (Audited FY2020’s for KPFK was $15 461 (p. 36; p. 39 of the PDF), & for Pacifica, $154 415 (also at p. 7; p. 9 of the PDF); KPFA’s charge is anomalous in Pacifica terms, & exactly x5 that of KPFK: they’re buying assets, presumably to improve their service to the listeners, whilst the struggling stations are dying on their knees . . . this is the inverse of the implementation of a Pacifica network development plan –

• Source: Aug2021 NETA monthlies,


•6• Workings re current loss-making

Workings re KPFK annualised total revenue

total revenue = fund-drive revenue + background listener support & donations + other revenues

annualised total revenue from 6Nov2021 = (120 days x 5836 pledged daily x 0.78 fulfilled, the last two per the 5Oct-5Nov drive) + (245 days x daily average of April & July 2021, per the Aug2021 NETA monthlies’ KPFK net income statement) + (other revenues, per the FY2020 auditor’s report)

= (120 x 5836 x 0.78) + (245 x ((47899 + 62636) ÷ 61)) + (2635743 − 1951112)

= (120 x 4552) + (245 x 1812) + 684631

= 546240 + 443940 + 684631

= $1 674 811

• Sources: 5Oct-5Nov fund-drive (Chair Blair, 10:06),; Aug2021 NETA monthlies,; FY2020 auditor’s report,

Workings re KPFK annualised total expenses

total expenses = Central Services + other expenses

Central Services, per month = $41 739 = $36 829 Pacifica National Office + $4 910 Pacifica Radio Archives

Central Services, per year = $500 868

annualised total expenses from 6Nov2021 = 12 x average of June, July, & August 2021 expenses, per the Aug2021 NETA monthlies’ KPFK net income statement

= 12 (⅓ (200695 + 213133 + 195007) + 41739)

= 12 (202945 + 41739)

= 12 x 244684

= $2 936 208

(The latest, Aug2021, is the lowest. Much different? No: 203k − 195k = $8k, so only $96k less for the year.)

• Source: Aug2021 NETA monthlies,

Workings re KPFK annualised total loss

total loss = total expenses − total revenue

annualised total loss from 6Nov2021 = 2936208 − 1674811

= $1 261 397


•7• Discussion: general; revenue; expenses


Most of this section draws attention to various non-trivial defects in the NETA-produced monthlies, the set of nine net income statements. But first, a demonstration that, despite the bland picture painted by the leaders, each Pacifica station made a FY2021 loss once extraordinary revenues are removed, the losses aggregating as ~$1.79m. This is then followed by two features of the KPFK fund-drive, discerned when one generalises from the monetary performance of the last one, Tu5Oct-F5Nov.

• When windfalls are removed, what’s the estimated FY2021 financial performance? Each station made a loss. Was it KPFA that made the smallest loss, ~$66 847? The answer may surprise you . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .KPFA . . . . . . . .KPFK . . . . . . . KPFT . . . . . . .WPFW . . . . . . . .WBAI . .


revenue thru Aug2021 . . . . . . . . 4 198 165 . . . .3 062 380 . . . . .640 125 . . . . 1 742 786 . . . . .1 601 038

less PPP #1 & #2 . . . . . . . . . . . . . . .~891 475. . . . .~735 972 . . . .~117 373 . . . . .~273 411 . . . . . ~255 715

less donated property . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . 0 . . . . . . . . . . .0 . . . . . . . . . . . .0 . . . . . . .200 000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . ~3 306 690 . . .~2 326 408 . . . .~522 752 . . . ~1 469 375 . . . .~1 145 323

September . . . . . . . . . . . . . . . . . . . ~110 000 . . . . . ~88 000 . . . . .~30 000 . . . . . . ~35 000 . . . . . . ~73 000

total revenue . . . . . . . . . . . . . . ~$3 416 690 . .~$2 414 408 . . .~$552 752 . . ~$1 504 375 . . ~$1 218 323


Central Services thru Aug2021 . . .432 168 . . . . . 459 129 . . . . .148 159 . . . . . .190 828 . . . . . . 232 232

other expenses thru Aug2021 . . 2 945 594 . . . 2 460 371 . . . . .494 885 . . . . 1 239 146 . . . . .1 287 254

Aug tower rent . . . . . . . . . . . . . . . . . . . . . . .0. . . . . . . . . . . .0 . . . . . . .6 000 . . . . . . . . . . . .0 . . . . . . . . . . . . 0

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 377 762 . . . .2 919 500 . . . . .649 044 . . . .1 429 974 . . . . .1 519 486

Sep: CS . . . . . . . . . . . . . . . . . . . . . . . . . 39 288 . . . . . . 41 739 . . . . . .13 469 . . . . . . .17 348 . . . . . . . 21 112

Sep: other expenses . . . . . . . . . . . ~250 000 . . . .~190 000 . . . . . ~40 000 . . . . ~110 000 . . . . . ~124 000

total expenses . . . . . . . . . . . . . .~$3 667 050 . ~$3 151 239 . . .~$702 513 . . ~$1 557 322 . . ~$1 664 598


FY2021 loss . . . . . . . . . . . . . . . . . .~$250 360 . . .~$736 831 . . ~$149 761 . . . . .~$52 947 . . . .~$446 275

add depreciation . . . . . . . . . . . . . . . ~77 310 . . . . .~15 461 . . . . .~26 882 . . . . . .~13 900 . . . . . . ~16 282

FY2021 loss (incl. dep’n) . . . . . ~$327 670 . . .~$752 292 . . ~$176 643 . . . . .~$66 847 . . . .~$462 557

And they don’t tell you this on the Pacifica Evening News – or at the KPFA LSB.

A five-station loss of ~$1 786 009. A loss of ~$1.8m.

That’s the so-called underlying performance.

The leaders – the directors, ED Brazon, & CFO Sims – continue to act as if they’re not aware of the powder keg they have created . . .

. . . there you go, says Lydia.

Sources: NETA-produced Aug2021 monthlies,; & for the FY2020 audited depreciation charge (p. 36; p. 39 of the PDF),

(Coming home to roost, all those KPFA personnel costs out of control since at least FY2016, as discussed by PacificaWatch back in January – section 3 of

(Miquel knows all about ‘underlying performance’ & how, unless corrected, this finally breaks thru as all there is, a broken, losing performance: FCB.)

[UPDATE . . . this estimate was made with the Aug2021 monthlies; here’s an improved one, using the Sep monthlies:]

. . .

• But back to KPFK. Ever wondered how much extra comes in because of a fund-drive? It must be a fair bit, yes? No. These days it’s surprisingly low: the extra is only 1½ times the drive-free figure (per day, $4552 − 1812 = $2 740; & 2740 ÷ 1812 = 1.51; details above, in ‘Workings re KPFK annualised total revenue’).

• And that isn’t the biggest surprise: having drives now brings in less than an extra ~$102 300 for the year (546240 − 443940; computation below) – ‘less than’ coz that’s the gross figure, the fulfilment of the pledges. It excludes the cost of fundraising, those such as premiums, post & packaging, hiring pitchers, borrowing existing staff deployed elsewhere (albeit a sunk cost: already incurred, but a cost of this activity), call-centre charge, payment processing. Computation: if fund-drives total 120 days, the drives bring in $546 240 (120 x 4552), & the rest of the year brings in $443 940 (245 x 1812). The pledge level is now so low that, counter-intuitively, drives may bring in less money, less net income, than if the station had no drives at all. It would be a good idea for KPFK management to do a more accurate set of calculations, for different scenarios, & think the matter thru.

. . .

• Now the NETA monthlies. Six examples of the problems, P#1-P#6. Financial statements are standardised, communicating to the world a particular kind of monetary expression of the organisation. By contrast, management statements, using elective constituent account categories, are a monetary expression tailored to the decision-making needs of managers. For them, primary is timeliness, secondary is accuracy. They need to act using information generated by the accountants, a trusted team because of their earnt reputation for producing info that is credible enough to function as practically adequate knowledge. The most efficient organisations have these statements within days – Pacifica distributes theirs, at best, 6wks after period. Not good. And even then, it’s only a set of net income statements – never aged accounts payable (the many creditors) or aged accounts receivable (the few debtors), or a balance sheet, or a bank reconciliation statement. There you go, says Lydia.

• P#1 … The NETA monthlies are a set of nine net income statements: Pacifica as a whole (the ‘consolidated’ tab), & the eight accounting units (five stations, plus PNO, PRA, PAN – Pacifica National Office, Pacifica Radio Archives, Pacifica Affiliate Network (it’s not Affiliates), the last-mentioned since 1Oct2020, having been disaggregated from PNO). It isn’t declared on what basis they’re prepared: accrual, cash, or a dangerous hybrid of accrued revenue & cash expenses (only recognising them when they’re paid: the ‘just-slip-the-invoice-in-the-drawer’ approach). A case in point: PAN, having the lowest volume of monetary events you’d expect the least problems, right? Wrong. The statement per the Aug2021 monthlies shows that only five of the 11 months had a Central Services charge, with no regularity to the five, & only two being the same sum. Oh dear. Dangerous? How prevalent is this nonsense? . . . if only Pacifica had an internal auditor.

• P#2 … Another reason to be careful using the monthly net income statements is that they don’t always square. Oh. They seem to be entered manually: they’re not reports generated automatically. Double oh. An example, so simple, one wonders how it wasn’t spotted, again from the Affiliate Network. (Guess Ursula isn’t pulling her weight, checking her net income statement before the LSB’s get the monthlies.) Re the statement in the July2021 monthlies, the analysed bottom half doesn’t agree with the totals at the top. Why? The July ‘Expenses Before C/Services’ wasn’t entered, & it was the sum of the row that ended up in the totals column. So an actual year-to-date loss was turned into a net income. Brilliant! The magic of NETA! (It was corrected in the August monthlies.) Question is, how prevalent is such sloppiness? (A more egregious example comes up in a sec.) (the July2021 NETA monthlies)

• P#3 … But le magnifique spectacle is in the Aug2021 monthlies, what NETA did to the first Paycheck Protection Program loan (PPP #1): pulled out of the consolidated FY2021, but not the units. The $1 256 630 loan had been approved 19June2020 by the Small Business Administration. With the lender having forgiven it on 12Jan2021, the incoming FY2020 auditor agreed to recognise this as an after year-end event, treating it as FY2020 income, a grant (auditor’s report, p. 19, being p. 21 of the PDF –

So in the August monthlies, NETA correctly pulled it out of ‘Miscellaneous/Other Income’ in the Jan2021 column of the FY2021 consolidated net income statement (to post it in the FY2020 column as ‘Grant Income’), but incorrectly left it in the units’ FY2021 statements. In the public record, why has this been met with deafening silence – has no-one noticed? What NETA’s done is distorting: the unit total revenues & net incomes/losses are overstated – materially so. It’ll catch out the inattentive – especially as there’s no warning note. Taking KPFK as an example, one sees ~$3.060m total revenue & ~$143k net income, whereas the adjusted figures are ~$2.660m total revenue & ~$257k loss. Oh. (Aug2021 NETA monthlies)

Inexplicably, having done this restatement, NETA then stopped: they didn’t change all of the FY2021 totals! So, re the consolidated net income statement: the Jan2021 total revenue wasn’t reduced by $1 256 630, it was left as it had appeared in the previous monthlies. So, as expected, adding the monthly totals, the row, exceeds the correct FY2021 end column total. And as in all good tales, there’s a twist: NETA used a false figure as the Aug2021 total – but not a completely random gibberish number but a repeat of the July2021 total, $673 751.91 . . . which looks even odder coz the number immediately above it, which includes the PPP #2, has an extra digit: $1 222 741.63 . . . there you go, says Lydia.

• P#4 … There’s also a prob with the FY2019 comparative used in the NETA monthlies to date. The FY2019 auditor in their report issued a disclaimer of opinion upon the NETA-produced financial statements, so deciding they couldn’t vouch for their material accuracy. (Those statements appear again, reproduced, in the FY2020 auditor’s report as the comparative – in the consolidated at the front, & in the units at the back.) Thing is, the statements differ from those carried in the NETA monthlies – without saying so, & why. They haven’t been restated in the monthlies. That’s not a trivial matter.

That’s apparent in these four examples, with the Aug2021 monthlies carrying overstated, & at least one understated, FY2019 primary totals. For Pacifica: total revenue is overstated by 5.4%, $658 013 … (12814681 − 12156668); & total expenses, after omitting the unaudited depreciation charge, are understated by 14.5%, $1 696 122 … (9983328 − (11867848 − 188398)). For KPFK: total revenue is overstated by 8.7%, $296 456 … (3717740 − 3421284); & total expenses, after omitting Central Services & the unaudited depreciation charge, are overstated by 10.0%, $298 645 … (3293787 − (3575200 − 500868 − 79190)). (CS omitted coz it’s the same in both docs.); &

Explanation of the anomalous understatement, of Pacifica expenses: NETA haven’t followed the FY2019 auditor’s treatment of Democracy Now! forgiving Pacifica’s $2 361 828 debt (p. 4; p. 6 of the PDF). The auditor has it ‘below the line’, the net income line, as an extraordinary item, a contra against what was hitherto a liability; whereas NETA, in the monthlies, contradicts this by having it within the net income statement, as a contra (of debt incurred eons ago) against FY2019’s total programming charge, making it a huge negative number, of more than $1.5m – albeit understated by exactly $36k, for an undisclosed reason.

In the public record, no-one, on a LSB finance cttee, the PNB Finance Cttee, or the PNB, has pointed any of this out.

• P#5 … As a complement, in the Aug2021 monthlies, the FY2020 comparative hasn’t been restated in the light of the findings by that year’s auditor. Consider these four examples, with the Aug2021 monthlies carrying overstated FY2020 primary totals. For Pacifica: total revenue is overstated by 7.6%, $879 936 … (12386996 − 11507060); & total expenses, after omitting the audited depreciation charge, are overstated by 3.6%, $403 720 … (11491271 − (11241966 − 154415)). For KPFK: total revenue, after adding PPP #1 as a grant, is overstated by 20.9%, $551 236 … ((2793326 + 393653) − 2635743); & total expenses, after omitting the audited depreciation charge, are overstated by 4.9%, $159 774 … (3435348 − ( 3291035 − 15461)).

The main explanation for the anomalous KPFK revenue overstatement is that the unit-level net income statement in the FY2020 auditor’s report has all of PPP #1 posted to PNO; for an undisclosed reason, the parcelling out to the units has been deemed secondary, & so with PNO being the middleman that’s the unit treated as the recipient of the grant. As such, the most public of Pacifica’s financial documents carries a material distortion of revenue effectively received by the units.

The distribution of PPP #1 (& #2, for that matter) hasn’t been made public. But in the NETA monthlies are the Jan2021 & Aug2021 totals for ‘Miscellaneous/Other Income’, within which they’re posted. The Jan2021 totals per the July monthlies, the latest to have PPP #1 posted within FY2021: KPFA $440 828.47, KPFK $393 653.02, KPFT $58 199, WPFW $141 119.64, WBAI $126 557.47, PNO $50 180.54, PRA $46 755.67, consolidated as $1 257 293.81. That’s $663.81 more than the loan – and, indeed, that’s the figure left in the Jan2021 statement of the Aug2021 monthlies, when PPP #1 was deleted from the FY2021 consolidated & put in the FY2020 one. With no other info, in the KPFK computation above, the perhaps overstated $393 653 has been used.

(The Jan2021 booking of PPP #1 varies depending on which NETA monthlies you look at. Consolidated $1 257 282.90 (per Feb & Mar2021), $1 257 293.81 (Apr-July2021, +$10.91); KPFA $365 434.51 (Feb-Mar2021), $365 445.42 (Apr2021, +$10.91), $373 572.76 (May-June2021, +$8 127.34), $440 828.47 (July2021, +$67 255.71); KPFK $322 200.86 (Feb-June2021), $393 653.02 (July2021, +$71 452.16); KPFT $35 142.78 (Feb-June2021), $58 199 (July2021, +$23 056.22); WPFW $111 422.44 (Feb-June2021), $141 119.64 (July2021, +$29 697.20); WBAI $93 946.23 (Feb-June2021), $126 557.47 (July2021, +$32 611.24); PRA $46 755.67 (Feb-July2021); PNO $282 380.41 (Feb-Apr2021), $274 253.07 (May-June2021, −$8 127.34), $50 180.54 (July2021, −$224 072.53).)

The NETA monthlies folder:

• P#6 … Finally, to return to a Pacifica darling, PAN, Ruedenberg’s baby. In the Aug2021 monthlies, comparing the consolidated & PAN statements, the former’s ‘Income from Affiliates’ is understated by $20k: May2021, $2 192 per consolidated statement, $20 192 per PAN statement; & July2021, $10 852 per consolidated, $12 852 per PAN (when applicable, per May/June/July/Aug2021 monthlies). Guess Ursula not pulling her weight again – as well as everyone else reviewing the draft before duly authorised distribution to their high excellencies.

The NETA monthlies folder:

Given the silence, a warranted digression: ever wondered how much PAN pulls? An average of $2.50 per affiliate per day. That’s the price ED Brazon thinks the affiliates can bear – for broadcasting & streaming Pacifica programmes, even done at the same time as a Pacifica station (the FY2019 contract, unpaginated, being p. 1 of the PDF: Calculation re the 233 affiliates: per the PAN net income statement in the Aug2021 monthlies, annualised revenue is $ (194646 ÷ 11) x 12 = $212 341 … ÷ 233 = $911 (sic) per affiliate per year … ÷ 365 = $2.496 = $2.50 per affiliate per day. A bottle of water? PAN = BWP. [UPDATE . . . the Sep2021 monthlies became available 30Nov, & per the PAN net income statement, the figure went up to $2.76 … 234473 ÷ 233 = $1006 per affiliate per year … ÷ 365 = $2.757 = $2.76 per affiliate per day. ] (list of the 233); & Aug2021 monthlies,

At the mo, of the 233, only three outside the US (Liberia, France, Switzerland). So, John Lennon, & as an accident of the denary number system, 1000 x $5 x 365 = $1.825m pa … so x8.6 … or 2000 x $2.5 x 365 = $1.825m pa … going global, not just the anglophone world, but where English is a working language, a proper Pacifica marketing campaign could convince 750 stations somewhere in the world, yes? As PacificaWatch has been arguing, do that signal-swap, release that cash, implement a Pacifica network development plan.

• These are just a sample of the problems with the NETA-produced monthlies, & they’ll have to be discussed properly in another post. The lesson, analogously, caveat emptor.


KPFK revenue structure

• For context, what’s the scale of KPFK revenue, & how does it compare with the other stations? Given KPFK’s revenue collapse in FY2021 we should focus on that year, putting the previous one aside. We also need to clear away confusing leaves, omitting windfalls, such as PPP forgiven debt, & bequests. KPFK’s annualised adjusted total revenue for FY2021 is ~$2.4m, per the unaudited Aug2021 NETA monthlies. As per the estimated FY2021 net income statements presented in ‘Discussion: General’, the Pacifica revenue order is: KPFA $3.4m, KPFK $2.4m, KPFT $0.55m, WPFW $1.5m, WBAI $1.2m. So, KPFK < WPFW + WBAI. (Note, this $2.4m figure, for the whole of FY2021, is materially different from the $1.7m estimated in this post for the current rate of annual revenue generation. This shows the need for being attentive to what one is addressing, how it’s conceptualised, & the questions crafted.)

• At KPFK, what proportion of revenue comes from LSD, listener support & donations? Inspecting the unaudited Aug2021 monthlies, with little confidence that postings to some of the different revenue categories are materially accurate (has Pacifica ever had an internal auditor?), other than LSD the station relies more on scrap metal than being in the wonderful world of public charities fed by grantors. Using ‘Listener Support’ alone as the proxy for LSD, as discussed in ‘Assumptions: revenue’, & assuming $48k for September (as per the lowest, April), that’s ~$1 591 147 for the year. And assuming $88k total for September (48k + 30k website income + 10k car donations), & removing the two PPP amounts, adjusted total revenue is ~$2 414 408. So LSD is ~65.9%.

Audited FY2020, LSD is 74.0% ($1 951 112), with other revenues $684 631 – p. 34, being p. 37 of the PDF,

For all the stations, audited FY2020: KPFA 63.1%, KPFK 74.0%, KPFT 86.8%, WPFW 94.3%, WBAI 98.7%. (In station order, LSD: $2 190 787, 1 951 112, 601 308, 1 315 134, 1 230 132; total revenue: $3 469 457, 2 635 743, 692 815, 1 393 924, 1 245 732.)

So KPFK’s unaudited year-on-year fall in LSD is ~$359 965, ~18.4% … (1951112 − 1591147) ÷ 1951112 = 359965 ÷ 1951112.

Relying on one revenue stream is intrinsically risky. But this is how Pacifica started off, how the organisation was designed. Later, to sustain a workforce of 150 & more, it became reliant on grants, not least from the Feds. With the last CPB grant being received c. Oct2012 (with the Mar2013 payment withheld, then cancelled), it’s been back to the LSD. Supplemented, of course, by the ray of sunshine emanating from the membership’s age structure, the upside of the downside, the grateful dead, the bequests – the Necro-economics of the Golden Corpses. The drying up of both has caused the current flood of pain. And across the Styx, as far as ever, lies the promise of the Bio-economics of the Network Development Plan.

The politics of revenue streams

In PacificaWorld, where money comes from in a contested topic, it’s a politics. Given this, & given the cash crisis, it would be helpful if those who decry advertising, the reality of the euphemistic underwriting (Saint Greta Grace & the multitude), & those who decry grants (Jonathan Markowitz et al.), present feasible 3, 6, 12, & 18 mth plans – with implementation of all having already started yesterday – of how to power a radio station by what is a revenue stream turning into a trickle. That would put meat on the bare bone of a sincerely held value, give it some substance & relevance in what is a political struggle conditioned by forces regulated by the material imperatives of an obdurate generative reality that becomes recalcitrant when challenged – not least in the case of the social law of money, exercised in capitalist society partly thru the institution of the court allowing a creditor to claim their cash. Pacifica listeners, members, & staff deserve more than rhetoric.

How should PPP #1 as income be accounted for: for all the units or just PNO?

Most peeps don’t think about accounting & auditing, & if they do they assume it’s pretty black & white (or black & red). Numbers. But they aren’t always as ‘hard’ as they seem – especially when different words can be harnessed to them. Conveying the most salient meaning is an achievement. There are accounting & auditing standards, quite detailed, but they necessarily embody some incompleteness & also ambiguity. All this means judgement is always involved, in conditions where material interests are at stake (such as wanting to be hired for the next audit), & so at work when they’re recognised. Enron isn’t unique. Choice, albeit bounded, is existential.

It popped up in FY2018, in how to account for the disposal of the ‘Nakapon’ land & building, Berkeley: should it be treated as a KPFA asset or a Pacifica asset? The PNB decided Pacifica, & the PNO accounting unit was used. (p. 31; p. 34 of the PDF)

A choice also arose in FY2020, with the forgiven PPP #1 loan, an after year-end event, transforming the sum from a liability into grant income. And it draws attention to the difference between financial accounting & management accounting. Concerning the former, the event appears, correctly, in the Pacifica net income statement, within ‘Grants and contributions’ (p. 5; p. 7 of the PDF). But there’s a choice in how to treat it in the net income statement of the ‘Supplementary Information’, the unit level disaggregation (p. 34; p. 37 of the PDF). Should it be PNO’s income, or split up according to how much went to each of the seven units?

Well, it depends on the primary meaning one wants to convey, this an expression of the primary semantic purpose, be it chosen or a default of orthodox training. If it’s shown as PNO income – as it was – then the windfall goes no further, it doesn’t pump up station (& PRA) income, so it shows them without that one-off distortion. But the reader of the statement needs to be aware that this has happened, that lacking the subsequent distribution it shows both an understatement of effective station (& PRA) total revenue, & an overstatement for PNO. That there was a choice, was never publicly discussed – probably coz no director or other delegate understood what was in front of their eyes.

EIDL, praps $2m – not an income (it’s a 30-yr loan), but seen by some as a saviour

This topic was broached in January, section 6 of The COVID-19 Economic Injury Disaster Loan programme is run by the Small Business Administration. As reported in the earlier post, the loan is 30yrs, with a fixed 2.75% annual interest. “Monthly payments of principal and interest will begin at the end of the deferment period and will be paid over the remaining 28 years” (p. 4). Pacifica has received three payments, totalling $500k: a $10k advance in early Apr2020; a then $149 900 balance arriving on 13Nov2020; & $340 100 c. late Oct2021. The repayment level isn’t as low as some may think: for the max loan of $2m, repaying the principal over the 28yrs is at a constant annual rate of $71 429; & if the interest charge were of an untouched principal – which it isn’t – the 30yr total would be $1.65m (÷ 30 = $55k, or ÷ 28 = $58 929). By contrast, the $3.165m loan from FJC has incurred an annual interest charge since 16Mar2020, at 6.25%, of $197 812.50 – the cost ancillary to the principal that falls due 30Oct2022.; &

For this EIDL programme, at 17Nov, ~3.8m loans had been approved, totalling ~$299bn (averaging $78k). In California: ~582k loans, totalling ~$53.5bn (averaging ~$92k) – so Pacifica in trying to top up the loan to $2m, that’s x22 the CA average. Have to cross more than fingers. (p. 2; weekly aggregate updates are at

And what hurdles has the SBA erected?

• “Collateral[:] Required for loans greater than $25,000″ (emphases added). Oh. “[Loans] $500,001 – $2,000,000: Security agreement (UCC-1) lien required on business assets and a best available mortgage on real estate owned by the applicant business” (p. 4). So FJC has already accepted a second lien on a Pacifica land & building that they already hold as collateral? And re the new application, agreed for both properties to be ‘seconded’? And accepted being second fiddle to the Feds – or not? Why has no director or other delegate asked this in public of the CFO or ED?; &

• “As part of its underwriting, SBA will perform a cash flow analysis to confirm the business’ ability to repay the proposed COVID EIDL loan as well as its existing debt obligations. Once Applicant completed the inputs for revenues, COGS [cost of goods sold], expenses as appropriate, the system will automatically calculate the maximum eligible loan amount.” (unpaginated, p. 5 of the PDF, emphases added). Oh. Current liabilities are those falling due within 12mths, & since 31Oct2021 the $3.165m owed to FJC, is a . . . current liability. Double oh. (And, yet again, the capitalist state gets sight of info denied to the plebs, milked for their flow of cash to Pacifica Foundation, Inc.)

• SBA demands something on a pan-Pacifica scale that the KPFK Finance Cttee finds impossible to get for its own station: a list of accounts payable – Oh.

• But it doesn’t stop there: “[t]he information contained in this schedule is a supplement to your balance sheet and should balance to the liabilities presented on that form”. Oh. So NETA has to get all the station data, & PNO & PRA & PAN; do all the reconciliations for the eight units; then make eight unit trial balances; before producing a consolidated trial balance; & finally turning this into both a Pacifica balance sheet & a Pacifica net income statement. Big oh. (And NETA tell us that KPFA is holding up a prelim like the monthlies. And NETA tell all & sundry that at this time a balance sheet can’t possibly be produced for a station, let alone for Pacifica – that sort of work can only be done once all the preparations have been made for a visit by the doctor auditor.)

Concerning the lil matter of current items, Dr & Cr, the last balance sheet date at which Pacifica had audited liquidity, the luxury of working capital, an excess of current assets over current liabilities, was 30Sep2009. Yes, 2009. (Working capital is a difference: the phrase isn’t a synonym of cash.)

A coda … Effective 8Sep, the COVID-19 EIDL programme changed: “[m]aximum loan cap increased from $500,000 to $2 million”. Great news. And? “For loans greater than $500,000, applications will not be approved until after […] October 8, 2021, but applications can be submitted before then” (emphases added –; please also see

Hang on a sec. The application for the extra $1.5m could have gone in straight after 8Sep, if Pacifica was ready? Does this matter? After all, two months later, at the PNB Finance Cttee last Tuesday, 9Nov, ED Brazon was still flapping about: “we will be submitting on paper 2 million realizing that 350 – well, that 500,000, urgh, is, um – it-it would be reduced by, and, um, and see how much of that is, um, you know, we end up getting. So, we’re in the process of-of doing that […] we will be, argh, subsequently applying for, um, more of the loan […] and we wanna do this before the [calendar] year-end, so we are, argh, anxious to move ahead with that” (36:18, emphases added).

So, any need to rush? Well, the SBA has the answer: “[t]he program ends December 31, 2021 or when funds are exhausted, whichever occurs sooner” (p. 2 (see also p. 1), emphases added).


In fact it’s worse than that: “[t]he last day that applications may be approved is December 31, 2021” (p. 13, all original emphases: an indication of their intended strictness in this matter

Double oh.

Guess Lydia, 9Nov, saying “we will be, argh, subsequently applying for, um, more of the loan […] and we wanna do this before the year-end”, doesn’t cut it, does it?


KPFK expenses structure

• For context, what’s the scale of KPFK expenses, & how does it compare with the other stations?

KPFK’s annualised total expenses for FY2021 are ~$3.15m, as per the estimated FY2021 net income statements presented in ‘Discussion: General’, using the unaudited Aug2021 NETA monthlies (the monthlies exclude the depreciation charge: audited FY2020 totalled $154 415, with just over half at KPFA, & KPFK’s being $15 461 – auditor’s report, p. 36, being p. 39 of the PDF,

Total expenses = Central Services expense + other expenses. So . . .

The monthly CS charge (the set persisting contrary to the formula adopted 18Feb2021 by the PNB – on which more anon): KPFA $39 288, KPFK $41 739, KPFT $13 469, WPFW $17 348, WBAI $21 112. So, annual charge: KPFA $471 456, KPFK $500 868, KPFT $161 628, WPFW $208 176, WBAI $253 344.

And non-CS expenses for FY2021, in rough terms: KPFA $3.20m, KPFK $2.65m, KPFT $0.54m, WPFW $1.35m, WBAI $1.41m.

So, the rough totals of expenses: KPFA $3.67m, KPFK $3.15m, KPFT $0.70m, WPFW $1.56m, WBAI $1.66m. So, KPFK ≃ WPFW + WBAI.; & Aug2021 NETA monthlies,

• What’s the proportion incurred by personnel costs?

Audited FY2020: of total expenses $3 291 035, personnel is 62.4% ($2 054 311), per FY2020 auditor’s report (p. 36; p. 39 of the PDF) –

Unaudited FY2021: of the 11mth total of $2 919 500, personnel is 54.7% ($1 597 151), per the Aug2021 NETA monthlies –

As context, all the stations, audited FY2020: KPFA 65.4%, KPFK 62.4%, KPFT 32.8% (sic), WPFW 44.7%, WBAI 36.4%. ‘Cut to the bone’ = no workers. (In station order, personnel costs: $2 282 066, 2 054 311, 248 216, 598 427, 674 704; total expenses: $3 489 553, 3 291 035, 755 945, 1 509 889, 1 645 202.)

This is even more obvious when seeing personnel costs as a proportion of non-Central Services expenses, ‘the station free of the shackles’, as is the wont of the KPFA breakers. So, witness audited FY2020: KPFA 75.6%, KPFK 73.6%, KPFT 41.8%, WPFW 46.0%, WBAI 48.5%. (CS: $471 456, 500 868, 161 628, 208 176, 253 344; non-CS expenses: $3 018 097, 2 790 167, 594 317, 1 301 713, 1 391 858.)

Other KPFK personnel details are in the appendix, ‘how many employees work at KPFK? the average personnel cost?’.

• What’s the proportion incurred by Central Services expense?

Audited FY2020: 15.2% ($500 868)

All the stations, audited FY2020: KPFA 13.5%, KPFK 15.2%, KPFT 21.4%, WPFW 13.8%, WBAI 15.4%. Source as above. With KPFA revenue rising, & the fixed sum CS expense starting 1Oct2014, to the rich the riches! Whilst KPFT gets the tumbleweed – and has no cash for relocation. (But at least they have the porch – at home, not at the station.) Why even have a flat rate tax when you can go turbo regressive with fixed sum? So-called neoliberalism in spades! To get rich is glorious!

An even more appalling index of this reactionary nonsense is the ratio of CS expense to programming expenses. The ‘happy news’ folk trumpet Charity Navigator ratings, & say potential grantors like something or other to do with programming spend. So, CS as a proportion of programming, FY2020: KPFA 22.6%, KPFK 29.5%, KPFT 78.5%, WPFW 41.7%, WBAI 40.6%. This shows how wrong is the fiscal structure of Pacifica, how reactionary it is.

In fact that self-claimed “world’s largest and most trusted nonprofit evaluator” (“About Us”) hasn’t updated their computation of Pacifica’s programming expense as a proportion of total expenses: the given 44.4% is the average of the 2016-2018 Form 990’s, whereas that of the 2017-2019 ones is 45.6% (the last uses the FY2020 audited data) –

Reinforcing this message is comparing programming spend with CS, the absolute amount. Programming: the mantra for Pacifica’s renaissance. And yet . . . and yet . . . For FY2020, KPFT’s excess of programming over CS was a mere $44 233 (205861 − 161628); for KPFA it was $1 617 391 (2088847 − 471456). A remarkable x36.6 – the remuneration structure of a Chinese factory. Blaming the poor. Blaming the victims of a lack of a Pacifica network development plan. Leaving Pacifica as an archipelago, stations all strung out – an aggregation, not a network. But congratulating WPFW for being one of Lydia’s green shoots. That’s as coherent as the laissez-faire Pacifica gets.

• What’s the proportion incurred by non-Central Services expenses? The inverse.

So, for audited FY2020, 84.8%.

All the stations, audited FY2020: KPFA 86.5%, KPFK 84.8%, KPFT 78.6%, WPFW 86.2%, WBAI 84.6%. Source, as above.

The new Central Services policy, 18Feb2021 – never implemented, but how much would it have saved KPFK thru 30Sep2021?

the PNB unanimously adopted a new CS policy 18Feb2021 – but it’s never been implemented. If it had been, KPFK would have saved an unaudited ~$78 802 19Feb-30Sep2021. Why has no-one at KPFK pointed this out – and acted upon it?

KPFK’s Central Services charge changed with effect from 19Feb because of the new PNB formula unanimously adopted the evening before. The new policy, in full:

[t]hat the central services formula be based on 15% of total revenue of the stations calculated quarterly. All revenue is to be included in the calculations; however the cost of air conditioning for Pacifica Radio Archives shall be deducted from KPFK’s revenue, and the tower, studio and office rent for all stations shall be deducted from their revenue.

18Feb2021 PNB minutes, unpaginated, p. 3 – (Saying “based” is woolly: better is ‘the CS charge will be 15% of […]’)

However, CFO Anita Sims & ED Lydia Brazon have chosen not to implement it. No director or other LSB delegate has informed the public of this fact – or explained their quiescence to this insubordination. More tail wagging the dog. Not even a reprimand, let alone a punishment. The directors, allowing their instruments to abdicate their responsibilities & duties. Another example of not even taking their own decisions seriously – just like with their 11June2020 policy on loss-making stations. To be honest, they’re LARP’ers. But all is not lost: they could make a show of sincerity, of authenticity – donning clown costumes. (pp. 5-6)

• Computation for 19Feb-30Sep2021:

period = ~2½ quarters = ~⅝yr

old CS policy: annual charge = $500 868, so period = ~⅝ x 500868 = ~$313 043 (Incidently, this annual charge is ~29.9% of the estimated annualised current revenue of $1 674 811, quite different from 15%. Paying twice as much.)

new CS policy: period = ~½ Jan-Mar charge + Apr-June charge + July-Sep charge

= ~60084 + ~98490 + 75667 = ~$234 241

savings = ~313043 − ~234241 = ~$78 802 = ~$80k

So, a ~$80k saving that no-one at KPFK is talking about, with no public evidence that they even know it exists.

• Workings re new policy:

Jan-Mar2021 charge determined by total revenue Oct-Dec2020:

Oct-Dec2020 net total revenue = (399393 + 103528 + 315949) − ((3 x 4000, PRA electricity) + (3 x 1919, tower rent)) = 818870 − 17757 = $801 113

0.15 x 801113 = $120 167, & ÷ 3 = $40 056 per month

charge = 120167 ÷ ~2 = ~$60 084

Notes: (a) the $4k for PRA electricity is per James Sagurton (‘a’-audiofile, 56:03) & R Paul Martin (‘c’-file, 3:24), 19Jan2021 PNB Finance Cttee –; (b) the other data per the Aug2021 NETA monthlies,; & (c) the Dec2020 tower rent is an anomalous charge: in Jan2020 it went up to $1 919, & then in Dec2020 it was $6 919, after which it has been $1 937 per month thru Aug2021; without an explanation, it’s prudent to treat Dec2020 as $1 919.

Apr-June2021 charge determined by total revenue Jan-Mar2021:

Jan-Mar2021 net total revenue = ((541145 − ~393653) + 305355 + 221567) − ((3 x 4000) + (3 x 1937)) = ~674414 − 17811 = ~$656 603

0.15 x ~656603 = ~$98 490, & ÷ 3 = ~$32 830 per month

charge = ~$98 490

Note: per the Aug2021 NETA monthlies, the PPP #1 still sits in the Jan2021 column ($393 653) of the KPFK net income statement, so this had to be deducted. (As already mentioned, thru the June2021 monthlies the Jan2021 total was different, $322 201; then in the July 2021 set it went up $71 452. No-one on the PNB Finance Cttee publicly asked why this happened.)

July-Sep2021 charge determined by total revenue Apr-June2021:

Apr-June2021 net total revenue = (107683 + 261975 + 152598) − ((3 x 4000) + (3 x 1937)) = 522256 − 17811 = $504 445

0.15 x 504445 = $75 667, & ÷ 3 = $25 222 per month

charge = $75 667

A note on the Central Services charge

The monthly Central Services charge: KPFA $39 288, KPFK $41 739, KPFT $13 469, WPFW $17 348, WBAI $21 112. (Serving as these incomes: PNO $115 576, PRA $17 380 – total $132 956.) Expressed as an annual charge: KPFA $471 456, KPFK $500 868, KPFT $161 628, WPFW $208 176, WBAI $253 344. (Incomes: PNO $1 386 912, PRA $208 560 – total $1 595 472.)

These charges have been fixed since 1Oct2014 (sic): compare these two net income statements, (p. 19; p. 22 of the PDF) & (p. 23; p. 27 of the PDF), with the latter’s figures the same thru the FY2020 auditor’s report. Thru neglect, these charges have seamlessly slipped into their 8th year.

In FY2014 the annual total levy was higher, by $75 955, & for all stations except for WBAI (the current annual charge is in brackets): total, $1 671 427 ($1 595 472); KPFA, $487 312 ($471 456); KPFK, $524 874 ($500 868); KPFT, $193 286 ($161 628); WPFW, $245 995 ($208 176); WBAI, $219 960 ($253 344). What does this mean? Four stations shared the benefit of the $75 955 for each of the last 7yrs – plus sharing the benefit of the extra $33 384 levied each year upon WBAI. The total 7yr benefit for KPFA, KPFK, KPFT, & WPFW is $765 373, $191 343 per station, $27 335 per station per year.

WBAI’s charge rising in FY2015, at the very moment its financial crisis was extending & intensifying, is just more evidence in support of the idea, consistently propagated by PacificaWatch, that the distorting charges/benefits resulting from the initial endowment of a station be stripped from its management accounts & dumped in PNO – for example, WPFW & WBAI continue to suffer the double whammy of not just effectively subsidising KPFA, KPFK, & KPFT for enjoying Pacifica property rent-free, but having to pay their own rent for buildings & tower. That’s one reason why it’s superficial, & misleading, for Chris Cory, Sharon Adams, & Sabrina Jacobs, all of KPFA, to repeatedly castigate some stations for being less productive, inefficient, performing badly, barbs laced with digits plucked from the published station-level monetary data. Cary Grant.

The formula 1Oct2014-18Feb2021, at some point, seems to have been 15% of station listener support & donations – CFO Sims (3:31), 24Nov2020 PNB Finance Cttee, But who quantified the LSD sums subjected to the 15% appropriator, & when? That is, are they as per auditor’s report, produced whenever (for example, the FY2015 one is dated 7Aug2017)? – or is each an unaudited figure self-declared by the neutral station bookkeeper, hired by the station manager? And who decided never to change the 1Oct2014 charge level, even when NETA started producing monthly net income statements?

It’s also the case that the CS charge is somewhat nominal, in that at year-end a reconciliation isn’t made between the total charge & the actual expenses incurred, to result in either a rebate or a levy supplement for the stations. (Has it ever been done?)

The charge started being incurred by PAN on 1Oct2020, when it became an accounting unit independent of PNO. However, its size was never discussed by the PNB Finance Cttee, according to the public record, so presumably it was simply chosen, on whatever ground, by CFO Anita Sims, whenever. Also, at $26k thru Aug2021, it’s so low that it was decided, by whoever, not to reduce the station charges.

Note on the budget-formation process … The current PNB Finance Cttee practice is back-to-front: it first looks at station draft budgets before, if ever, getting to PNO. Hello! The need for a station/PAN levy exists coz PNO doesn’t have enough endogenous revenue to fund pan-Pacifica expenses. So just to be rational – that old-fashioned idea – one starts with PNO, with its estimate of coming year expenses, less estimated revenue, & that establishes the non-discretionary expense, as it were, that the units have to cover before allocating their discretionary spend. Quite simple, really. But then the directors, ED, & CFO would have to transform the obdurate generative reality, with all its recalcitrance: the Pacifica dynamic of weak centre & largely unchallenged fiefdoms. Given their enduring capitulation, that’s why the current budget-formation process is both substantively & formally irrational. (It would also require ED Brazon to take the lead – which she has consistently proved incapable of doing since taking office on 5Dec2019 –

General, a return: to what extent does the KPFK revenue structure satisfy the expenses structure?

The bringing of the two structures together.

(The unaudited FY2021, with data thru Aug2021, has been estimated –

• To what extent does listener support & donations cover expenses, be it total expenses or total non-Central Services expenses?

(a) re total expenses:

audited FY2020: 59.3% … 1951112 ÷ 3291035 (p. 34; p. 37 of the PDF –

unaudited FY2021: ~50.5% … ~1591147 ÷ ~3151239 (LSD: 1543147 thru Aug + ~48k Sep; expenses: 2919500 thru Aug + 41739 Sep CS + ~190k Sep other)

(b) re total non-CS expenses:

audited FY2020: 70.0% … 1951112 ÷ (3291035 − 500868) … a material deficiency. (Same net income statement in the auditor’s report cited.)

unaudited FY2021: ~60.0% … ~1591147 ÷ (~3151239 − 500868) … falling towards only half of those expenses.

• To what extent does LSD cover personnel costs?

As context, current personnel costs are what percentage of current expenses? It was argued – not asserted – in ‘Assumptions: Expenses’ that current expenses be calculated as the average of the June, July, & August 2021 totals, per the August monthlies. So, current personnel costs, annualised = 12 x 119411 = $1 432 932 … where 119411 = ⅓ (120690 + 113290 + 124253. And current total expenses, annualised = 12 x 244684 = $2 936 208 … where 244684 = ⅓ (242434 + 254872 + 236746). So, percentage = 48.8%.

Given that the Central Services charge has a certain arbitrariness about it (as discussed above), what context is provided by the relationship of personnel costs to total non-CS expenses? Current total non-CS expenses, annualised = 12 x 202945 = $2 435 340 … where 202945 = 244684 − 41739. So, percentage = 58.8%. Exactly 10 percentage points higher.

So, to the question posed: to what extent does LSD cover personnel costs?

Audited FY2020: 95.0% … 1951112 ÷ 2054311 … LSD wasn’t enough. And that leaves all the other expenses untouched, to be paid for by some other revenue stream: scrap metal, advertising, grants – and the miraculous windfalls (pp. 34 & 36; pp. 37 & 39 of the PDF).

Unaudited FY2021: ~92.7% … ~1591147 ÷ (1597151 thru Aug + ~120k Sep) … LSD is a lil bit more off.


. . . and the labours of Sisyphus continue in PacificaWorld:

the next fund-drive, which is gunna be, um, December 7 until the 22 [from a Tuesday to a Wednesday, 16 days]

GM Miquel Calçada to the Th18Nov PNB, 7:36 – [UPDATE (1): without giving a public reason, the Dec2021 drive started without the thermometer, continuing at least thru half of the 2nd day – but it’s now back on the station homepage, UPDATE (2): Miquel told the W15Dec KPFK LSB that the drive ends Tu21Dec, so 15 days (53:20) –]


Whither KPFK?

Whither Pacifica?


•A• Appendix: how many employees work at KPFK? the average personnel cost?

How many employees work at KPFK? More particularly, how many full-time equivalents (FTE)?

Never easy to find out. A common ploy of the Pacifica secrecy culture is to hide behind the closed meetings rule grounded in the 1934 Communications Act, & so appearing in the CPB’s rules. And, yes, it does indeed refer to personnel matters. So in the meetings archive we readily get talk such as this: “[m]eeting to discuss confidential personnel issues at KPFK, proprietary business issues at KPFT and other legal and personnel issues” (Th21Oct2021 PNB, emphases added) – Peeps switch into panic mode: there’ll be litigation! – although no-one ever cites a case sparked by what’s in an audiofile. (In PacificaWorld, fear does a lot of work – without too much effort.) But few ever read the relevant Comms Act passage: a valid ground for a closed session is “to consider matters relating to individual employees” (§ 396(k)(4), emphasis added; p. 216) – so not ‘relating to employees’, & not ‘personnel’ which can be interpreted to include anyone working for Pacifica, so including contractors – Comms Act is embedded at (Obvious didactic prescription: Pacifica management should post in the meetings archive a legal opinion, one using a minimum of five borderline scenarios, as well as case law, to illustrate the boundaries of the “individual employees” concept. But this won’t happen, will it?)

But recent info is dispersed around:

• Obviously Pacifica isn’t organised enuf to have a basic like an annual report. (Intrinsically dangerous in simply being something written down; worse still in serving as a benchmark for evaluating peeps like the directors, ED, CFO, station managers, etc.) But whilst respect for the members is missing, it’s there for the arm of the state, such as the IRS, who demand such reports. So the 2019 Form 990 says, “[t]otal number of individuals employed in calendar year 2019 [is] 167” (unpaginated; p. 1 of the PDF) – Useful in a way, but doesn’t give the FTE total – & includes those only employed for a day (it doesn’t say ‘the average number …’).

• At the 20Oct2019 KPFK LSB, just after the raid on WBAI, Grace ‘I have always exercised my fiduciary duty to the utmost’ Aaron (1:25:24) gave pan-Pacifica info, down to 2 decimal places (sic). She had examined “payroll from the second-half of June 2019”, extracting these data (ees, FTE): KPFA 47, 31; KPFK 35, 26.21; KPFT 4, 3.38; WPFW, 11, 7.87; WBAI 11, 7.57. Total: 108 ‘ees, 76.03 FTE. (She mis-spoke at the end, meaning ‘KPFA has x4 the FTE of WBAI’.) (Big gap here between the 108 & the 167 just cited – even when adding in PNO, & the 4 at PRA. Irreconcilable, yes?)

And the average personnel cost? The FY2019 personnel costs are found in three sources, that give slightly different figures: an expenses statement in the FY2019 auditor’s report dated 29Apr2021 (p. 35; p. 38 of the PDF), which in giving a disclaimer of opinion means all the figures provided by NETA are unaudited (pp. 1 & 2; pp. 3 & 4 of the PDF); & the Nov2020 & May2021 sets of unaudited NETA monthlies (Nov2020 is the earliest set in the public domain; May2021 is the last one to give FY2019 as a comparative).; Nov2020 monthlies,; May2021 monthlies,

Unaudited, per the FY2019 auditor’s report (p. 35; p. 38 of the PDF; there was a disclaimer of opinion upon the NETA-produced statements): KPFA $2 215 341, KPFK $2 015 667, KPFT $250 167, WPFW $681 384, WBAI $728 030 (the other accounting units are PNO $524 506, & PRA $279 310; the seven totalling $6 694 405).

Applying the Aaron FTE figures: KPFA $71 463, KPFK $76 905, KPFT $74 014, WPFW $86 580, WBAI $96 173 (can the last two be true?); the five stations, $5 890 589 ÷ 76.03= $77 477. Given the limitations of the evidence used, if a prudent single figure is to be offered, $75k wouldn’t be unreasonable.

Interestingly, the first three, those with their own bookkeeper, are different from the NETA monthlies, which themselves can vary (first the Nov2020 set, then May2021): KPFA $2 235 652 & $2 212 213, KPFK $1 976 259 & $2 017 857, KPFT $251 581 & $250 167, WPFW $681 384 for both, WBAI $728 030 for both. (The differences: KPFA, May2021 gives $23 439 less than Nov2020, & the FY2019 auditor’s report gives $3 128 more than May2021; KPFK, +$41 598, −$2 190; KPFT, −$1 414, 0; WPFW, 0, 0; WBAI, 0, 0; so May2021 is $16 745 more than Nov2020, & the NETA statement in the NY2019 auditor’s report is $938 more than May2021.)

• At the Su15Dec2019 KPFK LSB, then station manager Anyel ‘who cares if KPFK keeps losing money, I’m just the GM’ Fields (1:17:47) gave some personnel info: “the median [annual] income for a full-time employee at KPFK is $50 639; part-time employee is $32 635″ (emphasis added). Notice the choice of concept: “income” – not personnel costs. So what may be the median annual personnel costs? The latest monthlies giving monthly statements for FY2020 are those for May2021. KPFK’s net income statement for Dec2019 gives ‘Salaries’, presumably Fields’ “income”, as ~73.9% of the total personnel costs of $177 166. The composition: ‘Salaries’ $130 983, ‘Health Benefits’ $31 218, ‘Pension Contributions’ $2 648, ‘403B [Pension] Contributions’ $1 374, ‘Child Care’ $890, ‘Payroll Taxes – FICA’ $10 018, ‘Payroll Taxes – SUI’ $36. Applying this 73.9% proportion, Fields’ median annual personnel cost may be $68 494 (50639 ÷ 0.739).

(The median is a kind of average: it’s the one in the middle, with as many terms bigger than it as there are smaller than it. The best-known average is the (arithmetic) mean, the sum of the terms divided by the number of terms; another is the mode, the most frequent value. Presumably GM Fields chose as his measure the unusual median coz it came out lower than the mean – just like choosing “income” rather than personnel cost. Have to stay alert in PacificaWorld, peeps.)

GM Fields added: “KPFK has 23, urgh, full-time employees and 10 part-time, and a handful of temp employees that we bring in during fund-drives or in other extraordinary circumstances” (1:18:55). The only way to square this with Saint Grace’s report about the late June2019 data, 6mths before, “35 total staff, 26.21 full-time equivalents”, is that the 10 or so part-time workers amount to 3.2 FTE, so averaging ~1½days per week. Plausible?

• The penultimate info, quite revealing, comes from Mark Torres, Director of the Pacifica Radio Archives. He presented their FY2021 budget to the 13Apr2021 PNB Finance Cttee (33:35). He said there are four “staff”: MT himself; Shawn Dellis (“administrative officer”), Mariana Berkovich (“business manager”), Edgar Toledo (“production director”; also “an expert in tape transfer”). All very comfortable. So PRA get to have a business manager but KPFK doesn’t? Raising the question: where’s ED Brazon’s assessment doc that rejected NETA taking over this very low volume transaction operation?; staff list,

Per the Aug2021 NETA monthlies, there’s only one month a year – the PRA fund-drive (one day?) – when revenue, other than from Central Services (& windfalls like PPP #1 & #2), exceeds $15k, with two $10k-15k, the rest less than $6k. Meaning, the usual working day brings in ~$279. I kid you not. Poor Mariana. Frazzled. All that managing. Relieved whenever the clock strikes five. But every vacation ruined, dreading the return to the backlog.

PRA’s average takings of $279: the 11mth revenue (excluding the Central Services stream) = $225 710 … less (Nov2020 fund-drive + PPP #1 & #2) = $67 437 … ÷ 11 = $6 131 pm … ÷ 22 = $279 per working day. Poor Mariana, worked off her lil feet.

And Pacifica Affiliates Network isn’t that much better: its revenue rate is only x3 of that $279: PAN generates an average of ~$2.50 per calendar day from each of the current 233 affiliates, ~$212k a year. So, apart from CS & PPP, total revenue of PRA + PAN ≃ $ (64k drive + 74k other) + 212k = ~$350k.

Guess Mark forgot to mention how intense things are at PRA when he chatted with the PNB Finance Cttee in April. And the directors & other LSB delegates didn’t know to ask.

But I digress. The point is that these four specialised, quite experienced workers bear annualised personnel costs of ~$263 438. An average of ~$65 860. (Per Aug2021 monthlies: $237218 + the omitted Aug health benefits, 4267 (without a NETA note it’s prudent not to rely on an adjustment occurring) = $241 485, then annualised, & divided by 4.) This is $10k or so less than that using the June2019 Aaron figures. Yet one would think these PRA workers would earn above average pay, yes? Odd.

• Finally, what did station manager Miquel say at the PNB meeting yesterday? “[W]e are about 15 staff members […] we are 15” (17:38 & 18:21 into the KPFK item). Really? And he means the 15 are all full-time? No part-time?

Th18Nov PNB, [UPDATE: as of F10Dec, still not in the Pacifica meetings archive,]

August’s personnel costs, which in being higher than any month since March may include severance costs, were $124 253, an annualised $1 491 036 … ÷ 15 = $99 402 per ‘ee for the year. Plausible? So take the lowest monthly of FY2021, July, $113 290. Annualised as $1 359 480 … ÷ 15 = $90 632. Again, plausible? Ok, let’s say all these months have severance, & assume current monthly costs of the 15 as $100k (making monthly severance costs since March, $13k-24k), so an annualised $1.2m … ÷ 15 = $80k. Well, maybe still on the high side – and is monthly severance of the order of $20k? And we need to keep in mind the other estimates: Aaron’s June2019 ~$75k, & PRA’s FY2021 ~$66k – and Fields’ median of perhaps $68½k.

Aug2021 unaudited NETA monthlies,

So maybe KPFK average annual personnel costs are indeed $80k.

And to return to the question, how many FTE’s are there at KPFK? Not easy to say.

Possibilities, using the $1 359 480 (the FY2021 low, July), & the different average personnel costs computed above:

@ $66k = 20.6 FTE

@ $75k = 18.1 FTE

@ $80k = 17.0 FTE

@ Miquel = 15.0 FTE (that’s @ $90 632 – sic)

So when Miquel said 15, maybe he was referring to full-time ‘ees. But maybe he wasn’t.

If he stays long enough, perhaps someone will ask him.


The directors need to get a grip: instructing ED Brazon to devise & publish plans, & to ensure their implementation by the station managers. Public comment at Su12Sep2021 KPFK LSB

A public comment was made, on the fly, at the Su12Sep2021 KPFK LSB (2:07:03, Listening to the meeting, & what hadn’t been said, a comment had to be made. In the rush, one clause was incomplete; that’s been rectified in this somewhat augmented re-write. The immediate context was an emergency LSB meeting to replace a prominent breaker, Jim Osborne, who resigned as a listener-delegate, & so as a Pacifica director, a few days before, on Th9Sep. He, like most of the breaker delegates Pacifica-wide, had withdrawn from most of the meetings since the referenda results, M12July – no doubt working on getting the breaker vote out in the current LSB delegate elections . . . mixed in with spending more time with the next group writing another parachute, a new constitution for Pacifica, benignly termed, in Pacificese, a set of proposed by-law amendments.


It was noticeable that not one director candidate (nor anyone in the earlier public comment) stressed that what Pacifica needs today are plans & their execution. In other words, (1) Executive Director Lydia Brazon has been derelict in not producing plans, and (2) the directors constituting the National Board have been derelict in the legal sense (as they’re the carers of the charity’s assets) in not ensuring that ED Brazon has both produced plans & executed them.

Plans have to be of different durations: one, three, & five years. Today there are five most urgent plans: one for Pacifica as a whole; a plan addressing the $3.165m due to FJC by 30Oct2022 (especially given that FJC only allow a loan to last five years, so to 1Apr2023); a financial plan to eliminate losses at KPFK; ditto one for KPFT; ditto one for WBAI.

This will necessarily mean a planned transfer of Pacifica’s fundraising proceeds from KPFA to allow all Pacifica stations to have a station manager & enough staff to adequately do the work of station development & growth, so focusing on programming, outreach, fundraising, & business. This is the minimum perpetual station staff complement of any functioning radio network – Pacifica cannot be reduced to an aggregation of stations, of fiefdoms.

The directors need to take control, making the ED (& the Chief Financial Officer) their instrument; likewise, the ED needs to ensure that the five station managers implement her plans. Both relationships are required to allow the testing of ideas for Pacifica’s development & growth, concretised in plans that are democratically adopted & made public. It’s also one way that Pacifica member decision-makers, & senior employees & contractors, can be made accountable to the members & listeners, those who either elect them or pay their wages. This is all basic. One may call this rational arrangement democratic centralism.

But can the political conditions be created for this? – not least because the breaker momentum is likely to result in them controlling from Jan2022 the PNB & three local station boards, allowing them to ram thru all the by-law amendments they want that don’t need a national membership vote; plus them creating a 23rd at-large director; plus a PNB-directed ED taking over any of KPFK, KPFT, & WBAI as emergency austerity operations.

Without comprehensive public statements (that is, policies) of what the directors want to achieve, & so what the ED has to plan & execute, (1) the directors & the ED are largely unaccountable for their acts of commission & omission, & (2) the intent of all concerned isn’t transparent. That’s why these plans have to be made public.

Instead, what we have is firefighting: living at the level of events, not structures. Choosing not to develop a vision, choosing not to exercise foresight. Refusing to make the necessary hard decisions. Objectively, the anti-breakers function as breakers, jeopardising both individual stations & Pacifica as a network.

Deficiencies & absences. Helping to explain why Pacifica is largely run not as a public charity but as a private club.


[This would have taken 3¾mins to read; so ~30secs a para.]


FJC loan extended 18mths – now what?

. . . the inner circle of directors, capable of organising a new beginning? . . . or a wasted 1½yrs on top of 3yrs? . . .

. . . a coming gloaming? . . . the darkness sweeping in upon the face of the deep? . . .

Report out from the Pacifica National Board (PNB) Executive Session held on March 31, 2021: The PNB met in closed session to approve extension of the FJC loan for 18 months on the positive recommendation of the auditor.

9.16pm EDT, W31Mar2021 (not yet online at either or

. . . presumably badly written, in the haste: not “met […] to approve”, intent, the intent of some directors, but met […] and approved’ . . .

[UPDATE . . . guess not in haste: this is what PNB Chair Alex Steinberg read out 8mins into the Th1Apr PNB meeting. Oh.]

. . . &, crucially, the statement doesn’t offer an explanation, with grounds, of why the directors think the business falls within the remit of the closed session provision of the Communications Act of 1934, § 396(k)(4), & its interpretation by the Corporation for Public Broadcasting . . . so hopefully an explanation to the members, & the world (not least the CPB), will be issued within the requisite 10 days . . .

[an update will be given]


On the loan, will the PNB be transparent, describing in full the terms of the extension, the commitments they have placed upon the members & the members’ organisation – even better, will the directors publish the agreement, the agreement they are so proud of?


. . . 18mths interest charge = $3.265m x 6¼% x 1½yrs = $306 093.75 . . .

. . . the last time Pacifica made an annual net income was FY2006 . . .

. . . 1½ years, 1½ decades . . .