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50/50? That seems extremely high. I think we can be pretty sure that when the New York Philharmonic (to use an example) records a symphony, the orchestra does not get 50% of the profits (and certainly not 50% of the income, as you mentioned above). I doubt they get anything at all beyond their base salary.
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As I said in my post, the percentage depends on how much promotion of the CD is being done by the church. In your example with the Philharmonic, the record company is investing a large sum in promoting the CD, and therefore expects a large percentage of profit. So you're exactly right that the performing musicians do not expect to get much out of the CD sales, and generally just receive a flat performance fee (which however can be quite large, in the several thousand range).
However, in the case of your church in which nobody is promoting the CD, both parties are equally dependent on each other and invest roughly the same amount of time, effort and probably money. So to me a 50/50 split seems reasonable.
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Do you really think they expect a cut of profits? Or, to put it more bluntly, if the organizers explained what they were planning to do and asked them to sign a waiver of future interest in the recording or profits from sales, would they refuse to sign?
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Who knows? Why not ask them? Like I said, if I was a member of the church, I might consider it a donation and say go ahead. But an equal split is reasonable unless the church is going to print up a bunch of fliers and pay for advertisements etc., which I suspect is unlikely.
But the bottom line is you have to ask the performers before you do this anyway, so you'll find out then in any case.