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PeerBasis
Compensation Comparability Determination

Vermont Arts Exchange Inc

Executive Director / CEO

EIN 030343015
VT · NTEE B90
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Matthew Perry, Executive Director / CEO ($108,029) against every comparable organization that fit the selection criteria — 446 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 90th percentile of comparable organizationswithin the typical range

Benchmarked executive: Matthew Perry — reported title “EXECUTIVE DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

446 organizations qualified on sector, size, and geography 446 within the band form the benchmarked peer set.

Distribution of comparable compensation

$10 total compensation of comparable organizations → $446,580 $108,029
$12,98810th
$33,99925th
$57,707Median
$80,23175th
$107,21090th
$108,029This org · 90th
p10$12,988
p25$33,999
p50$57,707
p75$80,231
p90$107,210
$108,029

Comparable organizations

Each figure is Form 990 Part VII columns D + F (reportable pay plus other compensation and benefits; column F may include amounts from related organizations), normalized to VT cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
Express Association Of America VA$339,000 Executive Director $296,619 $292,946 2023
Lead California CA$339,024 Executive Director $190,067 $163,059 2024
Digital Girl Incorporated NY$338,555 Executive Director $100,880 $97,065 2022
A Place For Kids NY$338,491 Executive Director $60,000 $55,457 2023
Stem Santa Fe NM$338,392 Ceo $55,273 $59,064 2024
Under The Shield AZ$339,724 President $120,934 $115,551 2024
Classical Beginnings Inc TN$340,406 Executive Director $49,229 $50,086 2025
Read Early And Daily Read VA$340,582 Executive Director $16,380 $16,177 2023
Jeremiahs Place NM$340,825 President $24,000 $26,404 2023
The Brock Center TN$340,945 President $90,033 $91,600 2025
Next Generation Youth Development GA$341,420 Executive Di $56,500 $56,442 2024
Kalanihale HI$335,805 President $53,000 $48,536 2023
American Porphyria Foundation FL$335,190 Executive Director $59,231 $55,282 2024
Center For Mathematics And Teaching Inc CA$335,180 Vice President $86,718 $76,593 2023
Peace Village Posters 4 Peace OH$335,014 Executive Director $39,800 $41,881 2024
Girls On The Run Of Northwest Illinois IL$334,885 Executive Dir. $43,793 $42,775 2024
Middle After School Kare Inc NJ$334,728 Treasurer $3,000 $2,661 2024
La Porte Education Foundation TX$334,660 Executive Director $112,339 $108,767 2025
Innovation Institute For Tomorrow Inc PA$343,362 President/ceo $88,000 $87,188 2024
I Have A Dream Foundation - Atlanta GA$334,335 Executive Director $78,676 $78,595 2024
Wonderworks TX$344,059 Executive Director $47,000 $46,710 2024
Y&e Inc IN$344,372 Director $31,933 $34,445 2023
Regional Technical Education SD$344,387 General Mana $70,438 $77,234 2024
Prime Factor WA$344,699 Lead Teacher $39,871 $35,465 2024
The Innovation Foundation Inc IL$345,070 Director $200,000 $195,349 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VT cost of living and 2024 dollars. Click any organization to verify the figure on ProPublica.

Methodology

Comparable organizations were drawn from electronically filed IRS Form 990 returns and matched on sector (NTEE code), budget (a size-adaptive revenue band that tightens as the organization grows), and geography (same-state first, broadening only when too few peers qualify); every organization within the band forms the peer set. To compare fairly across regions and years, peer compensation is normalized to VT cost of living (BEA Regional Price Parities, 2023) and to the subject's filing year (CPI-U). The figure benchmarked is Form 990 Part VII, Section A, columns D + F — reportable pay plus other compensation, benefits, and deferred amounts (column F may include amounts from related organizations) — with the chief executive matched by role. Related-organization amounts (column E) and institutional trustees are excluded. Full methodology: peerbasis.org/methodology.

Sample, role match & sensitivity

Sensitivity — the subject's percentile under alternative compensation definitions:

BasisSubject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default90th
Total compensation (D + F), as reported (no adjustments)90th
Reportable pay only (column D), adjusted80th
All sources (D + E + F), adjusted86th

If the percentile moves materially across these definitions, the result is sensitive to methodology choices, and the board should weigh which basis best fits its facts.

Rebuttable presumption of reasonableness · 26 CFR 53.4958-6

Compensation paid by a tax-exempt organization is presumed reasonable — shifting the burden to the IRS — when three requirements are met. This report supplies the comparability data for the second. The board should record the following in its minutes concurrently with its decision:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Matthew Perry) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
  2. Prior to its determination, the authorized body obtained and relied upon appropriate comparability data, namely the PeerBasis Compensation Comparability Determination dated June 9, 2026, comparing compensation against 446 similarly situated organizations (Same NTEE sector (B90), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $108,029 is reasonable (approximately the 90th percentile of comparable organizations) and documented the basis for this determination concurrently, on [date], by a vote of [__ for / __ against].

Sources: IRS Form 990 e-file data (apps.irs.gov); IRS Business Master File (NTEE classification). Every figure traces to an original public filing — click any organization above to verify it on ProPublica. PeerBasis is a service of Prismind Analytics; its methodology is published, was commissioned for independent adversarial review, and discloses its own limitations. This report is comparability data to support a board's good-faith determination under IRC 4958; it is not legal or tax advice. Generated by PeerBasis on June 9, 2026.