Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Bond Street Theatre Coalition Ltd

Executive Director / CEO

EIN 133036753
NY · NTEE A650
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joanna Sherman, Executive Director / CEO ($31,200) against every comparable organization that fit the selection criteria — 47 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 40th percentile of comparable organizationswithin the typical range

Benchmarked executive: Joanna Sherman — reported title “VICE PRESIDE”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

47 organizations qualified on sector, size, and geography 47 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,030 total compensation of comparable organizations → $99,857 $31,200
$4,81810th
$11,39825th
$36,034Median
$57,32875th
$72,98390th
$31,200This org · 40th
p10$4,818
p25$11,398
p50$36,034
p75$57,328
p90$72,983
$31,200

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 NY 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
New York City Players Inc NY$296,648 President $2,875 $2,960 2023
Rosendale Theatre Collective Inc NY$302,387 Managing Director $59,499 $59,499 2024
Boundless Theatre Company Inc NY$306,353 Founding Member $16,331 $16,331 2024
Theater For Personal Growth Inc NY$306,579 Mgr Director/secty $95,500 $95,500 2024
Theatre Lab Inc NY$310,477 President $21,000 $21,000 2024
Pulse Ensemble Theatre Inc NY$278,685 President $6,600 $6,795 2023
Musical Theatre Factory Inc NY$313,462 President $50,000 $51,477 2023
The Movement Theatre Company Inc NY$274,101 President $67,980 $67,980 2024
National Queer Theater NY$273,780 Director $39,748 $40,922 2023
Stageworks On The Hudson Inc NY$272,369 Exec. Artist $32,417 $33,375 2023
Mohawk Valley Center For The Arts Inc NY$269,570 Executive Director $48,567 $47,315 2025
Franklin Stock Company NY$266,791 Ex-officio/ad $50,000 $51,477 2023
Chinese Theatre Works Inc NY$262,698 Exec Director $32,650 $32,650 2024
Noor Theatre Inc NY$262,003 Treasurer/secretary/executive Director $12,500 $12,500 2024
The Paper Bag Players Inc NY$336,631 Executive Di $20,576 $20,576 2024
Broken Box Mime Theater NY$248,740 Artistic Director $77,258 $79,540 2023
Poetry Society Of New York Inc NY$248,150 Chair, Treasurer & C.e.o. $48,700 $48,700 2024
Developing Artists Theaters Company Inc NY$344,610 Executive Dir. $74,833 $74,833 2024
New York Theatre Barn Incorporated NY$245,252 General Manager $4,500 $4,633 2023
Notch Theatre Company NY$245,219 President/artistic Director $50,000 $50,000 2024
Labyrinth Inc NY$346,568 Interim Managing Director $16,000 $16,000 2024
North American Cultural Laboratory NY$347,461 Executive Di $45,013 $45,013 2024
Pipeline Theatre Company Inc NY$236,519 Artist Trustee $10,122 $9,861 2025
The Children's Theatre Company Inc NY$356,467 Executive Artistic Director $4,800 $4,942 2023
New York Neo-futurists NY$358,046 Co-artistic Director $67,734 $69,735 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NY 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 NY 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 default40th
Total compensation (D + F), as reported (no adjustments)40th
Reportable pay only (column D), adjusted40th
All sources (D + E + F), adjusted40th

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 (Joanna Sherman) 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 47 similarly situated organizations (Same NTEE sector (A65) + NY + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $31,200 is reasonable (approximately the 40th 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.