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PeerBasis
Compensation Comparability Determination

Historic Palmyra Inc

Executive Director / CEO

EIN 237443013
NY · NTEE A540
FY ending 2024-05-31
June 9, 2026

This analysis benchmarks the total compensation of Tracy Murphy, Executive Director / CEO ($37,035) against every comparable organization that fit the selection criteria — 56 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 45th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

56 organizations qualified on sector, size, and geography 56 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,733 total compensation of comparable organizations → $85,395 $37,035
$11,00210th
$23,90625th
$39,072Median
$57,35375th
$71,37890th
$37,035This org · 45th
p10$11,002
p25$23,906
p50$39,072
p75$57,353
p90$71,378
$37,035

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 Glenn L Martin MD$136,329 Executive Dir. $69,396 $71,798 2024
The William E Swigart Jr Automobile Museum PA$140,026 Treasurer $9,855 $10,876 2024
River Valley Pioneer Museum TX$131,346 Executive Dir. $37,000 $40,959 2024
North Texas Society Of History & Culture TX$131,331 Executive Director $15,500 $17,158 2024
Scottsboro-jackson Heritage Center AL$141,493 Director $20,196 $24,145 2024
Heritage Museum Of Montgomery County TX$142,402 Executive Director $20,946 $23,187 2024
Sanford-springvale Historical Society ME$142,583 Executive Director $29,175 $31,497 2025
Museum Of The West Texas Frontier TX$128,710 Director $10,615 $11,751 2024
General John A Logan Museum IL$128,680 Executive Di $27,300 $30,578 2023
Cimarron Heritage Center OK$128,001 Director $30,000 $35,615 2025
Destin Fishing Museum Foundati FL$126,655 Executive Dir $45,444 $47,244 2024
Amesbury Carriage Museum Inc MA$126,485 Executive Director $37,800 $37,590 2024
The Star Spangled Banner MD$126,011 Executive Director $56,923 $58,893 2024
East End African American Museum NY$124,562 Executive Di $20,000 $20,591 2023
The Museum Of North Texas History TX$148,127 Executive Director $27,692 $30,655 2024
The Charnley-persky House Museum IL$149,312 Executive Director - Term $6,193 $6,937 2023
Center For Documentary Expression UT$151,368 Executive Di $54,000 $62,969 2023
Mississippi Industrial Heritage Museum Inc MS$151,523 Sec Treas And Executive Director $57,200 $72,584 2023
Greene County Historical Society PA$119,793 Executive Director $40,508 $46,024 2023
Haverhill Historical Society MA$152,088 Director And Curator $34,356 $33,284 2025
Warbirds Of Glory Museum MI$154,634 President $50,058 $58,868 2023
South Carolina Cotton Museum Inc SC$155,011 Executive Di $33,692 $40,046 2023
Mendota Museum & Historical Society IL$116,319 Director $19,500 $21,215 2024
Veterans Memorial Museum CA$113,890 Ceo/director $30,000 $29,515 2023
Milan Historical Museum Inc OH$158,097 Executive Drector $71,428 $83,722 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 default45th
Total compensation (D + F), as reported (no adjustments)54th
Reportable pay only (column D), adjusted46th
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 (Tracy Murphy) 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 56 similarly situated organizations (Same NTEE sector (A54), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $37,035 is reasonable (approximately the 45th 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.