Shannon Cuthrell – Author – MinistryWatch
Salem Media Group’s earnings increased in second quarter despite drop in revenue
Christian broadcasting giant Salem Media Group released its second-quarter results this week with $60.6 million in revenue, down 7.7% year-over-year.
With so many Christian college failures, why is this small school thriving?
Carolina University’s enrollment has surged 29% this year, rising from 826 to 1,068 students.
Bill Hwang’s much-anticipated Wall Street fraud trial begins in Manhattan.
Billionaire trader and philanthropist Bill Hwang appeared in court to answer for his role in a high-stakes Wall Street meltdown that saw several large banks lose billions in days.
Federal wage and overtime pay obligations extend to nonprofits in some cases.
The Department of Labor (DOL) recently expanded the federal minimum salary requirement, a threshold employers must meet to avoid paying overtime, putting in place a steep increase from just five years ago.
Catch up on Salem Media’s financial position in our latest earnings analysis.
Publicly traded Christian broadcasting giant Salem Media Group reported a $2 million operating loss in its first-quarter earnings, a significant improvement from $4.1 million a year ago.
The rise and steady continuity of Bible Study Time
For decades, televangelists William and Freda Crews ran a successful broadcasting operation out of their South Carolina headquarters. Both have passed, but the couple’s programs live on through reruns — a phenomenon relatively common in ...
Unpacking the latest package of tax statistics.
The Internal Revenue Service (IRS) released its annual “Data Book” last week, unlocking some interesting insights into the nation’s tax base.
Declining ad revenue, divestitures, real estate sales, and cost cuts are the key themes of Salem’s year-end report
Broadcasting giant Salem Media Group, one of the only Christian publicly traded companies, closed 2023 with $258 million in revenue—down $8 million from 2022.
Inside the complex world of disaster relief supply chains.
When a Category 5 hurricane hits Mexico, a tsunami rocks Indonesia, or a crisis boils over in a conflict zone, Americans are quick to send donations to Christian humanitarian nonprofits for emergency response efforts. But ...
Experts weigh in on nonprofit to for-profit transitions.
Grand Canyon University (GCU), a Christian university in Arizona with 117,800 on-campus and online students, operated as a nonprofit from 1949 to 2004 before becoming a for-profit under a publicly traded parent.
