The station is owned by Kevin Terry, through licensee The Montana Radio Company, LLC.

[3][4] The station was assigned the KCAP call letters by the Federal Communications Commission on November 6.

[5] Cherry Creek Radio's purchase of KCAP and translator K240EM was consummated on November 12, 2015, at a price of $250,004.

On April 5, 2017, Montana Radio Company announced that it would acquire Cherry Creek Media's Helena stations KCAP, KZMT, and KBLL-FM.

[8] Kevin Skaalure of KTMX won a Craney for best Radio Public Service Campaign at the same ceremony.