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PeerBasis
Compensation Comparability Determination

Waverly Free Library

Executive Director / CEO

EIN 150592911
NY · NTEE B71Z
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Rebecca Grace, Executive Director / CEO ($44,495) against every comparable organization that fit the selection criteria — 23 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 48th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

23 organizations qualified on sector, size, and geography 23 within the band form the benchmarked peer set.

Distribution of comparable compensation

$8,763 total compensation of comparable organizations → $123,982 $44,495
$25,64110th
$34,19325th
$44,597Median
$61,95975th
$71,73390th
$44,495This org · 48th
p10$25,641
p25$34,193
p50$44,597
p75$61,959
p90$71,733
$44,495

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
Blossburg Memorial Library PA$142,088 Director $50,432 $55,656 2024
Morris Plains Library Association NJ$162,011 Director $25,000 $25,431 2023
Sharkey-issaquena County Library MS$164,272 Librarian $54,011 $66,570 2024
Petersham Memorial Library MA$136,224 Trustee $9,045 $8,763 2025
Blairsville Library Association PA$134,489 Director $16,800 $18,540 2024
Community Library ME$168,361 Library Director $36,996 $40,997 2024
Friends Of The Allen County Indiana IN$127,131 Acpl Dir, Ex $35,118 $40,984 2024
Palacios Library Incorporated TX$124,994 Head Librarian $37,086 $42,266 2023
Windsor Public Library VT$179,645 Librarian/director $41,902 $46,673 2024
Southeast Regional Library System Serls OH$181,677 Director/facility Manager $89,012 $107,414 2023
Mountain Top Library NY$185,274 Director $37,128 $38,225 2023
Jeannette Public Library Assoc PA$185,595 Executive Di $25,980 $28,671 2024
Clark Memorial Library RI$187,786 Director $40,821 $44,597 2023
Springdale Free Public Library Inc PA$192,770 Director Administrator $57,165 $63,087 2024
Porter Memorial Library Association ME$104,415 Library Director $35,568 $40,579 2023
Fairview Public Library NY$102,470 Director $30,160 $30,160 2024
The Greater Cincinnati Library Consortiu OH$203,100 Executive Director $60,203 $72,649 2023
Dimmick Memorial Library PA$204,697 Director $44,340 $48,933 2024
Friends Of The Salt Lake City Public UT$206,160 Sales Manager $55,129 $60,831 2025
Grove City Community Library PA$207,191 Interim Dire $23,997 $26,483 2024
Lakewood Memorial Library NY$214,711 Library Dire $68,069 $68,069 2024
The Detroit Public Library Friends MI$221,854 Exec Director/board President $108,542 $123,982 2024
Annie Lee Thompson Library Trust Fund TX$223,606 Ceo $47,544 $52,631 2024

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 default48th
Total compensation (D + F), as reported (no adjustments)61st
Reportable pay only (column D), adjusted52nd
All sources (D + E + F), adjusted43rd

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 (Rebecca Grace) 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 23 similarly situated organizations (Same NTEE sector (B71), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $44,495 is reasonable (approximately the 48th 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.