http://pacificainexile.org/archives/2472
And also see other postings there - for info on the other 4 'sister' stations - as all are also financially intertwined....and thus any 1 may be liable or go broke because of problems with 'another' radio station across the USA.
Note: Quotes below are from this link above, with emphases & editing done mostly to limit info here about the Los Angeles Pacifica one = "OUR" radio station: KPFK.
Stakeholders, donors, contributors and volunteers are the basic supporters / investors and financial base - tho those people are mostly left in the 'silent-dark' about their investments.
selected quotes reposted here :
“LA station KPFK dodged a bullet after it found it that the station’s long-term free lease for its radio transmitters on Mount Wilson with the United States Forest Service lapsed in 2016 under former GM Leslie Radford and had not been renewed...
Fortunately, the Forest Service did not lease the plot to another radio station, force KPFK to stop transmitting, remove its equipment or force it to rent space commercially on another tower. The lease renewal is now in process.”
“Listener support took a deep dive from fiscal 2014 to fiscal 2015, dropping from $10.3M to $8.1M, with the difference made up for with estate bequests and contributions…. LA station KPFK owes $155K, [note: to employee pension plans for prior 2 yrs 2015-2016]…
the [most recent] auditor noted “During June 2016, the Foundation received notice from the California Franchise Tax Board that California tax-exempt status had been revoked with an effective date of February 27, 2017“. This notice does not appear to have been shared with the Pacifica National Board of 2016, whose officers [a prior faction that has been voted out recently ] did not notify the board of a tax-exemption problem …. until December of 2016….
“The Pacifica Archives, which is turning around after a disastrous 2015/2016 that had many thinking the collection would simply collapse, is crafting a digitization agreement with Steven Spielberg’s Shoah Foundation which takes an interest in the preservation of audio history.
The partnership will focus on the electronic preservation of the large amount of reel to reel tapes remaining that will eventually degrade, if not saved and cataloged..”
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If and who may be discussing the safety of KPFK - or any 1 other 'sister station' - from creating a collapse... as those 'domino games effects' can be to each or all other stations ....has not been clearly described nor admitted.
Remembering at least 2 other times that KPFK has been endangered [and without there being open disclosures and any warnings of what was going to be done / attempted to use KPFK's resources for 'other' purposes ] were:
1 was many years ago, when the then Pacifica National Board people made strong legal attempts to steal KPFK w/o any hints or notifications. They had begun their mis-deeds when a very few KPFK activists caught the foul smell and....
A counter lawsuit by David Adelson, who was a very looyal and dedicated KPFK activist, [and some others - unknown to us by name or their contributions to that dangerous pull back from a financial precipice ] and at personal expense he saved KPFK from being sold-out/ stolen/ reduced to rubble or defeat.
more info may be glimpsed from any of these links here:
https://www.google.com/search?source=hp&q=Pacifica+Foundation+lawsuit+David+ADelson+&oq=Pacifica+Foundation+lawsuit+David+ADelson+&gs_l=psy-ab.3...12674965.12685536.0.12686817.48.36.2.0.0.0.281.4134.0j17j7.24.0....0...1.1.64.psy-ab..22.24.3625.0..0j0i131k1j0i22i30k1j33i160k1j33i22i29i30
k1j33i21k1.0.4pakhyaMpno
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The next, following danger was ever so briefly written about 'OUR' KPFK building almost being mortgaged -- to pay other stations' and Pacifica's bills, but which fortunately did not take effect. Who saved us from this theft and how far the thieves got in their attempts to take away what was Not Theirs should be written about and revealed, even now = a later date. A brief bit was located here:
The Fraud in Foreclosure Fraud KPFK Los Angeles Interview
https://ourfuture.org/.../The_Fraud_in_Foreclosure_Fraud__KPFK_Los_Angeles_Inte...
Oct 26, 2010 - The Fraud in Foreclosure Fraud KPFK Los Angeles Interview. ... the foreclosure process, as these mortgages were being bundled and sold, ...
and
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goggle images 
Plus more information may be found in this detailed explaining of events 'played' by some con people to change what had been Pacifica's route to one more advantageous to just a select few PNB members.
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This same refrain is repeated endlessly, and will continue. Until more accountability, transparency, honesty and fair-sharing of operations information that those who Pay so much $$$$ is definitely a "need-to-know".
While all corporations, including those who like to hide behind their 'non-profit' image - as if that meant they were more 'do gooders' than those profiteers - businesses like to keep SECRETS.
And then they pretend to be their created-framed & branded images - their fake fronts that are mostly P.R., advertising, sales spiels/stories, gimmicks, spins and false-front-presentions.
All to appear to be holier, more honest, more transparent, more accountable, honorable or any positive quality they chose to WANT to seem to be.
[note: "seem" = are appearances, not realities]
KPFK should be what it pretends to be:
Much more OPEN and thus trust-able.
Who knows, then maybe listeners will want to actually spend more of their hard-work-earnings to keep KPFK debt free ?
But Only if the operations can be accountable, responsible, democratic and trusted.
Who knows if that state/stage will ever arrive or be realized ?
(c) mj 2017
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