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PeerBasis
Compensation Comparability Determination

Shubanjali School Of Performing Arts

Executive Director / CEO

EIN 223803665
NJ · NTEE A6E
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Suba Parmar, Executive Director / CEO ($86,667) against every comparable organization that fit the selection criteria — 35 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 91st percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Suba Parmar — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

35 organizations qualified on sector, size, and geography 35 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,359 total compensation of comparable organizations → $233,174 $86,667
$12,09510th
$26,46625th
$41,334Median
$65,32875th
$83,41090th
$86,667This org · 91st
p10$12,095
p25$26,466
p50$41,334
p75$65,328
p90$83,410
$86,667

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 NJ 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 Ballet School Of Stamford CT$265,615 Executive Dir. $70,000 $69,561 2025
Suffolk County Music Educators NY$261,461 Treasurer $6,000 $5,898 2024
Resonance Vocal Ensemble OR$279,404 Secretary $11,063 $10,889 2025
Aerial Dance Chicago IL$259,429 Board Member / Artistic Director $55,200 $60,781 2023
Junior Chamber Music CA$281,240 Director $14,800 $13,903 2024
Alma NM$285,234 Outreach Dir $14,000 $16,381 2024
Community School Of The Arts TN$253,244 Executive Director $80,738 $92,326 2024
Youth Inspirations Theatre IN$250,899 President $47,371 $54,346 2024
Balmoral School Of Highland Piping PA$250,031 Exec Directo $35,000 $37,971 2024
Girls Write Nashville TN$249,272 Pres. & E.d. $75,000 $85,764 2024
Kapena School Of Music HI$290,575 Executive Dir. $3,350 $3,359 2023
Ormao Dance Company Inc CO$294,195 Exe/artistic $34,600 $36,093 2024
The Music Academy PA$242,962 Director $32,984 $35,784 2024
State Street Academy Of Music At St Lawrence PA$303,596 Treasurer $4,520 $4,777 2025
Sacramento Preparatory Music Academy CA$234,926 Ceo $52,000 $50,291 2023
American Dance Institute NY$231,550 Executive Director $230,390 $233,174 2023
Bandwagon Institute For The Arts HI$230,121 President $27,665 $27,741 2023
The Community Music School Of The VA$310,390 Executive Director $62,500 $65,650 2024
Performing Arts School Of Worcester Inc MA$310,983 Executive Director $72,189 $72,656 2023
Gaston School Of The Arts NC$311,220 Executive Di $36,302 $40,807 2024
Music In Schools Today CA$312,240 Executive Dir. $105,900 $99,482 2024
Arconet PA$226,915 President And Artistic Dir $44,114 $46,625 2025
Crystal Theatre Inc CT$313,678 President, Artistic Director $29,140 $30,601 2023
Conservatory Of Dance Inc IN$220,055 School Director $12,500 $14,764 2023
Mode Music And Performing Arts WA$218,302 Founder $25,000 $25,069 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NJ cost of living and 2023 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 NJ 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 default91st
Total compensation (D + F), as reported (no adjustments)94th
Reportable pay only (column D), adjusted91st
All sources (D + E + F), adjusted91st

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 (Suba Parmar) 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 35 similarly situated organizations (Same NTEE sector (A6E), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $86,667 is reasonable (approximately the 91st 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.