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PeerBasis
Compensation Comparability Determination

New Mexico School For The Arts -

Executive Director / CEO

EIN 264764395
NM · NTEE B29
FY ending 2023-06-30
June 13, 2026

This analysis benchmarks the total compensation of Cindy Montoya, Executive Director / CEO ($137,025) against every comparable organization that fit the selection criteria — 381 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 81st percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

381 organizations qualified on sector, size, and geography 381 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $343,092 $137,025
$39,30910th
$81,91125th
$105,685Median
$129,61875th
$158,05590th
$137,025This org · 81st
p10$39,309
p25$81,911
p50$105,685
p75$129,618
p90$158,055
$137,025

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 NM 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
Upper Mississippi Academy MN$3,930,197 Ex-officio, Exec. Director $44,488 $39,699 2024
Capital Village Public Charter DC$3,934,058 Executive Di $134,287 $109,563 2023
The Yuba Environmental Science Charter CA$3,934,852 Principal/superintendent $120,296 $93,808 2024
Minnesota Excellence In Learning Academy MN$3,918,170 Executive Director (Thru 7/2023) $83,664 $74,657 2024
Horizon Science Academy Dayton OH$3,917,276 Principal $95,000 $93,551 2023
🔒 376 more comparable organizations — included in the purchased report

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NM 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 NM 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 default81st
Total compensation (D + F), as reported (no adjustments)66th
Reportable pay only (column D), adjusted90th
All sources (D + E + F), adjusted78th

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:

Ready-to-adopt board minutes — executive compensation

🔒 The complete minutes language — three numbered resolutions pre-filled with this organization, the 381-organization comparison, the date, and the percentile finding, ready to paste into your minutes — is included in the purchased report.

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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 13, 2026.