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Filing year 2024

GOSPEL MUSIC ASSOCIATION TRADE ORGANZIATION

Franklin, Tennessee·EIN 20-0297577·6
Total revenue
$5.4M
Total assets
$3.8M
Total expenses
$2.4M
Reported officers
24
Mission

TO PROVIDE A CENTRAL BODY TO ADDRESS ISSUES FACING THE GOSPEL AND CHRISTIAN MUSIC INDUSTRIES, HONOR OUTSTANDING ACHIEVEMENT AND EXCELLENCE IN GOSPEL MUSIC, AND EDUCATE AND SUPPORT THE GROWTH AND DEVELOPMENT OF CHRISTIAN ARTITSTS AND SONGWRITERS.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$158k
$168k
Base
$116k
Bonus
$34k
Other
Benefits
$8k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 23 unpaid individuals.

Climbed 58%
over 4 years

From $100k in 2020 to $158k in 2024.

$100k
2020
$141k
2022
$33k
2023
$158k
2024
In today's dollarsEst.
Up 28% in real terms$131k to $168k

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

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

Revenue and expenses over time

GOSPEL MUSIC ASSOCIATION TRADE ORGANZIATION reported revenue and expenses across 4 filing years.

RevenueExpenses
$1.2M
$700k
2020
$1.9M
$1.8M
2022
$877k
$1.3M
2023
$5.4M
$2.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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