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PeerBasis
Compensation Comparability Determination

Prism Quartet Incorporated

Executive Director / CEO

EIN 264210673
NY · NTEE A68
FY ending 2024-05-31
June 9, 2026

This analysis benchmarks the total compensation of Matthew Levy, Executive Director / CEO ($113,258) against every comparable organization that fit the selection criteria — 19 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 95th percentile of comparable organizationsabove the 90th percentile — board review recommended

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

How comparable organizations were selected

19 organizations qualified on sector, size, and geography 19 within the band form the benchmarked peer set.

Distribution of comparable compensation

$9,442 total compensation of comparable organizations → $115,771 $113,258
$19,62310th
$31,97725th
$47,359Median
$68,70675th
$92,80590th
$113,258This org · 95th
p10$19,623
p25$31,977
p50$47,359
p75$68,706
p90$92,805
$113,258

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
Close Encounters With Music NY$284,653 Artistic Director $100,000 $100,000 2024
Thingny NY$294,182 Podcast Director $70,000 $68,196 2025
The Impact Project NY$265,968 Director $59,250 $59,250 2024
Keys Corp NY$316,049 Executive Director $43,378 $44,659 2023
Mencius Society For The Arts Inc NY$256,991 Executive Di $34,793 $33,896 2025
Contemporaneous Inc NY$249,614 Director $30,057 $30,057 2024
Make Music Alliance Inc NY$328,374 Executive Director $9,692 $9,442 2025
Anthology Of Recorded Music Inc NY$330,999 Vice President & Secretary $112,450 $115,771 2023
Ansonia Music Outreach Organization Inc NY$240,243 President $44,974 $44,974 2024
Music Is Art NY$238,547 Executive Director $69,216 $69,216 2024
Los Pleneros De La 21 Inc NY$340,822 Executive Director $91,006 $91,006 2024
Pappy Martin Legacy Jazz Collective Inc NY$235,048 Executive Director $19,200 $19,767 2023
Orchestrating Dreams Inc NY$344,729 Executive Director $51,500 $51,500 2024
Bronx Conservatory Of Music Inc NY$346,450 Executive Director $20,108 $20,702 2023
Early Music Foundation Inc NY$214,692 General Manager $46,000 $47,359 2023
Brooklyn Youth Music Project Inc NY$203,789 Artistic Dir $43,732 $43,732 2024
New Choral Society Of Central Westchester NY$193,599 Executive Director $18,500 $19,046 2023
Creative Ability Development Inc NY$420,918 Vice Chair/executive Director $83,488 $85,954 2023
Beyond Booking Inc NY$427,072 Executive Dir. $60,000 $60,000 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 default95th
Total compensation (D + F), as reported (no adjustments)100th
Reportable pay only (column D), adjusted95th
All sources (D + E + F), adjusted95th

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 (Matthew Levy) 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 19 similarly situated organizations (Same NTEE sector (A68) + NY + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $113,258 is reasonable (approximately the 95th 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.