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PeerBasis
Compensation Comparability Determination

Statement Arts Inc

Executive Director / CEO

EIN 205198657
NY · NTEE A20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Aidan Davis, Executive Director / CEO ($60,818) against every comparable organization that fit the selection criteria — 45 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 56th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

45 organizations qualified on sector, size, and geography 45 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,800 total compensation of comparable organizations → $157,338 $60,818
$13,59010th
$31,24825th
$57,487Median
$72,81775th
$107,85090th
$60,818This org · 56th
p10$13,590
p25$31,248
p50$57,487
p75$72,817
p90$107,850
$60,818

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
Ugly Duckling Presse Ltd NY$381,176 Press Manager $58,125 $58,125 2024
Artistic Freedom Initiative Inc NY$393,958 Co-executive Director & Secretary $157,338 $157,338 2024
Coming Together Festival Of Dance & NY$399,596 Executive Director $25,064 $25,804 2023
Space On The Farminc NY$359,689 Executive Director (Left 2024) $70,750 $70,750 2024
The Brooklyn Steppers Inc NY$359,620 Executive Director $41,500 $40,430 2025
Nars Foundation Inc NY$355,287 Founding Director $43,002 $44,272 2023
Inwood Art Works Inc NY$353,982 Chairman $55,000 $56,625 2023
Bailey's Cafe Inc NY$353,023 Executive Di $18,750 $19,304 2023
Catskill Art Society Inc NY$411,785 Executive Director $70,000 $72,068 2023
Pesvebi Inc NY$412,518 President $2,800 $2,800 2024
Pharos The International Photo Archives Association NY$343,867 Executive Director $33,405 $34,392 2023
The Association For Cultural Equity Inc NY$337,589 Executive Director $68,436 $68,436 2024
Origami Usa Inc NY$337,288 President $30,000 $30,000 2024
Main Street Arts Inc NY$424,719 Executive Director & Curat $81,818 $84,235 2023
Rochester Folk Art Guild Inc NY$427,098 Treasurer $15,000 $15,443 2023
Jack Arts Inc NY$329,150 Co-director $68,896 $70,931 2023
Raga Massive Inc NY$323,178 Executive Director $17,550 $18,068 2023
Center For Latter-day Saint Arts Inc NY$438,859 Executive Director $144,410 $144,410 2024
Ma's House & Bipoc Art Studio Inc NY$317,270 President $26,125 $26,125 2024
Dorill Initiative Inc NY$314,146 Executive Director $9,149 $9,419 2023
Scool Sounds Inc NY$447,788 Executive Dir. $70,702 $70,702 2024
Monica Bill Barnes & Company Inc NY$449,169 Founder/artistic Director $105,761 $105,761 2024
Kindred Arts Inc NY$305,052 Executive Director $11,750 $12,097 2023
Buffalo Institute For Contemporary Art NY$301,221 Part Time Executive Director $12,000 $12,354 2023
Parent Child Relationship Association Inc NY$459,625 Executive Director $57,487 $57,487 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 default56th
Total compensation (D + F), as reported (no adjustments)56th
Reportable pay only (column D), adjusted56th
All sources (D + E + F), adjusted56th

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 (Aidan Davis) 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 45 similarly situated organizations (Same NTEE sector (A20) + NY + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $60,818 is reasonable (approximately the 56th 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.