I've been a fan of Khan Academy since they were just some Youtube videos.
You can find Khan Academy's past Form 990 online and I've been archiving them.
Sal Khan made:
2008: ? ($0 revenue)
2009: ?
2010: $70,833
2011: $348,879
2012: $348,529
2013: $348,292
2014: $548,116
2015: $800,000
2016: $815,000
2017: $785,000
2018: $824,000
You can see that, just like a startup, the sacrifice in the beginning as a founder is real. Before 2010 his salary from KA was probably 0 or significantly less. $70K in 2010 was less than my new grad salary. The jump in 2011 to $350K is around how much a senior makes in HCOL areas now. There has been basically no adjustment in his earning for 4 years from 2015 to 2018.
From the 990 forms, you can also get a sense of how much other people in the organization are being paid. I think all of them can command higher compensation elsewhere, but choose to work at KA because leveling the playing field for education is such a great mission.
Sal Khan's compensation as a CEO is only ~3.x times of many senior positions in the organization. Not outrageous at all.
In 2008's Form 990, Sal Khan wrote that KA is being used by 10,000 students daily. I don't know how many accounts, but growing from that to 71 million in 2018 is incredible. The impact to the world is undeniable.
You can find Khan Academy's past Form 990 online and I've been archiving them.
Sal Khan made:
2008: ? ($0 revenue)
2009: ?
2010: $70,833
2011: $348,879
2012: $348,529
2013: $348,292
2014: $548,116
2015: $800,000
2016: $815,000
2017: $785,000
2018: $824,000
You can see that, just like a startup, the sacrifice in the beginning as a founder is real. Before 2010 his salary from KA was probably 0 or significantly less. $70K in 2010 was less than my new grad salary. The jump in 2011 to $350K is around how much a senior makes in HCOL areas now. There has been basically no adjustment in his earning for 4 years from 2015 to 2018.
From the 990 forms, you can also get a sense of how much other people in the organization are being paid. I think all of them can command higher compensation elsewhere, but choose to work at KA because leveling the playing field for education is such a great mission.
Sal Khan's compensation as a CEO is only ~3.x times of many senior positions in the organization. Not outrageous at all.
In 2008's Form 990, Sal Khan wrote that KA is being used by 10,000 students daily. I don't know how many accounts, but growing from that to 71 million in 2018 is incredible. The impact to the world is undeniable.