[1] The station is owned and operated by Caper Radio Incorporated, a not-for-profit corporation controlled by its board of directors, and programmed by, and serving the students at Cape Breton University.
Presently, Caper Radio is a member of the NCRA and offers a majority of programming in English, but also airs selections in French and third-language.
During its early years of operation, it was owned and operated by the students' union of the university but after a vote by its board of directors, it opted to leave and seek independence from the union in 1998 in order to be a separate non-profit entity.
Following the event's success, the radio station finally fulfilled its first step in seeking an FM approval by submitting an application to the CRTC requesting an English-language developmental license with a low-power transmission of 5 watts.
[3] Caper Radio's mandate is to play local, independent and alternative music that may not be heard on other stations within the CBRM area.