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Filing year 2024

FAITH SOUND INC

Rochester, Minnesota·EIN 41-1232244·3
Total revenue
$207k
Total assets
$74k
Total expenses
$239k
Reported officers
5
Mission

operate christian radio station and school

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
10th to 25th percentile
$25k
$27k
Treasurer
Key Employee
Below 10th percentile
$2k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Climbed 20%
over 2 years

From $21k in 2022 to $25k in 2024.

$21k
2022
$24k
2023
$25k
2024
In today's dollarsEst.
Up 13% in real terms$24k to $27k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 20% from 2022 to 2024, while revenue rose 16%.

$21k in 2022 to $25k in 2024.
  • Key Employee pay held roughly steady from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FAITH SOUND INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$179k
$189k
2022
$190k
$196k
2023
$207k
$239k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FAITH SOUND INC

What does the Chief Executive Officer of FAITH SOUND INC earn?

In 2024, the Chief Executive Officer of FAITH SOUND INC received $25,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FAITH SOUND INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at FAITH SOUND INC falls between the 10th and 25th percentiles.

What are FAITH SOUND INC's revenue and expenses?

In 2024, FAITH SOUND INC reported $207k in total revenue and $239k in total expenses on its IRS Form 990.

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