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Filing year 2024

INDIANA COMPENSATION RATING BUREAU

Indianapolis, Indiana·EIN 35-0837318·6
Total revenue
$2.8M
Total assets
$2.5M
Total expenses
$2.7M
Reported officers
12
Mission

TO REGULATE WORKER COMPENSATION RATES IN THE STATE OF INDIANA.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

$316k
$340k
Base
$216k
Bonus
Other
Benefits
$57k
Vice President
vice president
$263k
$283k
Base
$185k
Bonus
Other
Benefits
$39k
Finance Director
$160k
$172k
Base
$133k
Bonus
Other
Benefits
$1k

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 9 unpaid individuals.

Up 11%
from 2023

From $286k in 2023 to $316k in 2024.

$286k
2023
$316k
2024
In today's dollarsEst.
Up 8% in real terms$316k to $340k

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.

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

Revenue and expenses over time

INDIANA COMPENSATION RATING BUREAU reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.7M
$2.8M
2023
$2.8M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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