KPFK has had to borrow funds from other stations and units to meet its payroll several times in the last few months. In December KPFK had to borrow $25,000 from KPFA and $17,000 from the Pacifica Affiliates Network to meet its payroll.
In his most recent General Manager Report, Anyel Fields stated, “We closed our 2019-2020 fiscal year in September with a projected shortfall of $697,577.”
Mr. Fields also stated that KPFK income dropped by $1 million between the last fiscal year and the fiscal year that just ended on September 30, 2020. Income declined from $3.7 million to $2.7 million.
