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        <EOYAmt>393380</EOYAmt>
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        <BOYAmt>364849</BOYAmt>
        <EOYAmt>341898</EOYAmt>
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      <UnsecuredNotesLoansPayableGrp>
        <BOYAmt>65000</BOYAmt>
        <EOYAmt>65000</EOYAmt>
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        <BOYAmt>830000</BOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>1498774</BOYAmt>
        <EOYAmt>800278</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
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        <BOYAmt>2181844</BOYAmt>
        <EOYAmt>20260307</EOYAmt>
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        <BOYAmt>2181844</BOYAmt>
        <EOYAmt>20260307</EOYAmt>
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        <BOYAmt>3680618</BOYAmt>
        <EOYAmt>21060585</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>18078463</ReconcilationRevenueExpnssAmt>
      <InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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        <CurrentTaxYearMinus4YearsAmt>303415</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>655579</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>595148</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>691744</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>612761</CurrentTaxYearAmt>
        <TotalAmt>2858647</TotalAmt>
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      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>303415</CurrentTaxYearMinus4YearsAmt>
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        <CurrentTaxYearMinus1YearAmt>691744</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>612761</CurrentTaxYearAmt>
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        <CurrentTaxYearMinus3YearsAmt>61</CurrentTaxYearMinus3YearsAmt>
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        <CurrentTaxYearMinus1YearAmt>214</CurrentTaxYearMinus1YearAmt>
        <TotalAmt>429</TotalAmt>
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      <OtherAssetsOrgGrp>
        <Desc>LOAN TO PHILADEPHIA WQEW FM 98.5</Desc>
        <BookValueAmt>40000</BookValueAmt>
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      <OtherAssetsOrgGrp>
        <Desc>LOAN TO WALNUT CA KQEV FM 104.7</Desc>
        <BookValueAmt>39764</BookValueAmt>
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      <OtherAssetsOrgGrp>
        <Desc>LOAN TO SEATTLE KQES FM 101.90</Desc>
        <BookValueAmt>30912</BookValueAmt>
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      <OtherAssetsOrgGrp>
        <Desc>LOAN TO ROCKVILLE WQER FM 96.7</Desc>
        <BookValueAmt>30000</BookValueAmt>
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      <OtherAssetsOrgGrp>
        <Desc>LOAN TOWQEB LP</Desc>
        <BookValueAmt>30000</BookValueAmt>
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      <OtherAssetsOrgGrp>
        <Desc>LOAN TO WQEP LP</Desc>
        <BookValueAmt>30000</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>PREPAID EXPENSES</Desc>
        <BookValueAmt>22370</BookValueAmt>
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      <OtherAssetsOrgGrp>
        <Desc>LOAN TO KQLS LP</Desc>
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        <Desc>DUE FROM RELAX MEDIA</Desc>
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      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>LOAN TO ATALANTA FM 101.90</Desc>
        <BookValueAmt>12759</BookValueAmt>
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      <OtherAssetsOrgGrp>
        <Desc>LOAN TO WQEG LP</Desc>
        <BookValueAmt>7340</BookValueAmt>
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      <OtherAssetsOrgGrp>
        <Desc>DUE FROM FOUNDATION FOR A BEAUTIFUL</Desc>
        <BookValueAmt>5557</BookValueAmt>
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        <Desc>UNDEPOSITED FUNDS</Desc>
        <BookValueAmt>4100</BookValueAmt>
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      <OtherAssetsOrgGrp>
        <Desc>LOAN TO KQHU LP</Desc>
        <BookValueAmt>3250</BookValueAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>PROVIDE INDEPENDENT AND OBJECTIVE NEWS REPORTING, CULTURE PROGRAMS THAT PRESERVE AND PROMOTE TRADITIONAL CHINESE CULTURE, PROGRAMS THAT INTRODUCE TO CHINESE PEOPLE TO THE BEST VALUE OF THE WEST, SUCH AS FREEDOM, HUMAN RIGHTS AND DEMOCRACY, AND ALSO REPORT TO THE WORLD TRUTHFULLY WHAT IS GOING ON IN CHINA.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS PREPARED BY PROFESSIONAL ACCOUNTANT AND AND IS REVIEWED BY PRESIDENT AND EACH MEMBER OF BOARD OF DIRECTORS FOR ITS ACCRUANCY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>DOCUMENTS IS AVAILALBE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 24E</FormAndLineReferenceDesc>
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      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION IS IN THE PROCESS OF HAVE THE FINANCIAL STATEMENT BEING AUDITED.</ExplanationTxt>
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