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Filing year 2024

THE CANNON FOUNDATION INC

Concord, North Carolina·EIN 56-6042532·3
Total revenue
$24.8M
Total assets
$351.7M
Total expenses
$0
Reported officers
13

Executive compensation

Form 990-PF · Schedule J · 10 reported individuals · Filing year 2024

Executive Director
$260k
$276k
Director
unclassified
$30k
$32k
Director/secretary
unclassified
$30k
$32k
Director/treasurer
unclassified
$30k
$32k
Director/vice President
unclassified
$30k
$32k
Director
unclassified
$30k
$32k
Director
unclassified
$30k
$32k
Director
unclassified
$30k
$32k
Director/president
unclassified
$30k
$32k
Director
unclassified
$23k
$24k

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 3 unpaid individuals.

Climbed 37%
over 2 years

From $189k in 2022 to $260k in 2024.

$189k
2022
$234k
2023
$260k
2024
In today's dollarsEst.
Up 28% in real terms$216k to $276k

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

THE CANNON FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$9.1M
2022
$20.4M
2023
$24.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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