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PeerBasis
Compensation Comparability Determination

Real News Project Inc

Executive Director / CEO

EIN 204219729
NY · NTEE A33
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Russell Baker, Executive Director / CEO ($155,000) against every comparable organization that fit the selection criteria — 52 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: Russell Baker — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

52 organizations qualified on sector, size, and geography 52 within the band form the benchmarked peer set.

Distribution of comparable compensation

$4,283 total compensation of comparable organizations → $300,266 $155,000
$30,50210th
$56,58725th
$85,624Median
$111,60575th
$149,92290th
$155,000This org · 90th
p10$30,502
p25$56,587
p50$85,624
p75$111,605
p90$149,922
$155,000

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
The Ipswich Local News Inc MA$480,015 President & Director $51,912 $53,149 2023
Students Publishing Co Inc IL$480,101 General Manager $103,500 $112,605 2024
The Library Of American Landscape MA$470,525 Executive Dir. $128,322 $127,610 2024
New Mexico In Depth Inc NM$481,940 Director $85,000 $104,161 2023
Daily Nebraskan NE$466,249 General Manager $92,265 $106,989 2025
America's Survival Inc MD$489,252 President $4,250 $4,283 2025
Journal Of Consumer Research Inc IL$492,011 Secretary $127,013 $138,186 2024
Bay City News Foundation CA$493,508 Executive Director $20,000 $19,112 2024
Aspen Journalism CO$494,180 Executive Director $97,460 $106,474 2023
Undercurrent Inc CA$454,388 President $88,500 $87,068 2023
A Public Space Literary Projects Inc NY$500,626 Executive Director $130,000 $133,840 2023
Firecracker Forum Inc CA$501,846 President $160,025 $157,436 2023
Adventist Forum CA$446,626 Exec Editor $60,100 $59,127 2023
Restless Books Inc MA$506,393 Director And Publisher $85,000 $87,026 2023
Echo Publishing MI$439,510 Vice Preside $48,000 $54,828 2024
Primary Information Inc NY$439,309 Executive Director $93,649 $93,649 2024
Zyzzyva Inc CA$435,626 Executive Director $131,074 $125,254 2024
Simpson Street Free Press Inc WI$434,818 Executive Director $82,414 $98,063 2023
Annals Of Family Medicine Inc KS$524,500 Director $75,030 $89,703 2024
Benitolink Inc CA$424,646 Executive Dir. $66,560 $63,604 2024
Campus Communications Inc FL$528,422 Presidentgeneral Manager $62,696 $63,500 2025
Legion For The Survival Of Freedom Inc CA$539,233 President $22,050 $21,071 2024
Four Way Books Inc NY$410,023 Publisher And Executive Editor $83,687 $86,159 2023
Plymouth Rock Publishing Corp MA$399,994 Director $37,000 $37,882 2023
Allegheny Institute For Public Policy PA$554,376 Executive Director $176,289 $194,551 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 default90th
Total compensation (D + F), as reported (no adjustments)90th
Reportable pay only (column D), adjusted92nd
All sources (D + E + F), adjusted88th

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 (Russell Baker) 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 52 similarly situated organizations (Same NTEE sector (A33), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $155,000 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.