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PeerBasis
Compensation Comparability Determination

Lake Champlain Chamber Music Festival I

Executive Director / CEO

EIN 262757906
VT · NTEE A68
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Peter Espenshade, Executive Director / CEO ($70,000) against every comparable organization that fit the selection criteria — 180 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 75th percentile of comparable organizationswithin the typical range

Benchmarked executive: Peter Espenshade — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

180 organizations qualified on sector, size, and geography 180 within the band form the benchmarked peer set.

Distribution of comparable compensation

$109 total compensation of comparable organizations → $124,284 $70,000
$13,45510th
$31,95525th
$51,776Median
$70,00375th
$87,23290th
$70,000This org · 75th
p10$13,455
p25$31,955
p50$51,776
p75$70,003
p90$87,232
$70,000

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 VT 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
Take Me To The River Education CA$368,685 Board Member $37,500 $32,171 2023
Newberry Consort Nfp IL$365,908 Executive Director $6,235 $5,915 2024
Third Angle New Music Ensemble OR$368,972 Executive Director $65,740 $58,914 2024
Free Guitars 4 Kids MN$369,229 Executive Director $112,198 $110,146 2023
Fontana Chamber Arts MI$371,972 Director $53,523 $51,937 2025
Chamber Music Monterey Bay CA$373,584 Operations Manager $69,075 $57,559 2024
Friends Of The Orchestra CO$374,591 Executive Dir. $29,345 $27,154 2024
Girls Rock Dc Inc DC$375,969 Executive Director $61,270 $51,885 2024
Corpsvets Inc GA$376,069 Executive Director $16,196 $15,715 2024
Camarada Inc CA$356,020 Executive Director $72,750 $59,059 2025
One Voice Mission CO$354,410 Executive Di $67,200 $62,182 2024
Global Arts Corporation CA$380,948 Ceo $63,009 $52,505 2024
Neranenah Inc GA$350,910 Director $92,817 $92,721 2023
Aiken Music Festival SC$383,906 Executive Di $75,000 $75,506 2024
Lee Jazz Omega Inc TN$349,620 Exec Director $64,800 $65,731 2024
Summit Choral Society Inc OH$385,171 Executive Dir. $80,720 $82,504 2024
American Choral Directors Association Of MN$386,926 Executive Director $98,504 $91,507 2025
Creative Arts Alliance TX$347,413 Executive Director $37,400 $37,169 2023
Jacarandamusic CA$347,407 Artistic & E $48,000 $39,998 2024
Jazz Houston TX$346,941 Ceo $81,400 $78,577 2024
Young Texas Artists Inc TX$346,705 President $43,550 $43,281 2023
Bronx Conservatory Of Music Inc NY$346,450 Executive Director $20,108 $18,052 2023
Hip Kids Inc MA$346,232 President $32,150 $27,880 2024
Columbia Music Festival Association SC$388,941 Exec Director $81,250 $81,798 2024
Ted Brown Music Outreach WA$389,619 Executive Director $36,723 $31,728 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VT 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 VT 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 default75th
Total compensation (D + F), as reported (no adjustments)69th
Reportable pay only (column D), adjusted76th
All sources (D + E + F), adjusted74th

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 (Peter Espenshade) 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 180 similarly situated organizations (Same NTEE sector (A68), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $70,000 is reasonable (approximately the 75th 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.