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PeerBasis
Compensation Comparability Determination

San Diego Fleet Week Foundation

Executive Director / CEO

EIN 330965545
CA · NTEE N52
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Margaret Young, Executive Director / CEO ($75,000) against every comparable organization that fit the selection criteria — 42 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 86th percentile of comparable organizationswithin the typical range

Benchmarked executive: Margaret Young — reported title “Vice Pres. COO”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

42 organizations qualified on sector, size, and geography 42 within the band form the benchmarked peer set.

Distribution of comparable compensation

$534 total compensation of comparable organizations → $116,456 $75,000
$1,38810th
$8,25025th
$28,107Median
$62,21375th
$82,17190th
$75,000This org · 86th
p10$1,388
p25$8,250
p50$28,107
p75$62,213
p90$82,171
$75,000

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 CA 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 Missouri Valley Fair Association ND$421,613 Director $4,500 $5,555 2024
Warren County Fair Association VA$417,733 Treasurer $41,698 $45,288 2024
Grand Street District Management Association Inc NY$429,538 Executive Director $74,126 $75,345 2024
Swift County Fair Association MN$404,547 Secretary $3,500 $3,790 2025
Crow Wing County Fair MN$442,272 Accountant $8,800 $9,782 2024
Southeast Alaska State Fair Inc AK$402,318 Interim Executive Director $44,650 $48,017 2024
Skamania County Fairboard Inc WA$444,406 Treasurer $1,200 $1,209 2024
Southwest Alaska Arts Group AK$398,956 Director $65,398 $70,330 2024
Pennsylvania State Association Of County Fairs PA$397,487 General Manager $1,200 $1,347 2024
Nebraska State Fair 1868 Foundation NE$448,285 Executive Di $96,258 $116,456 2024
Otsego County Fair MI$449,768 Treasurer Ex $9,600 $11,146 2024
Mckenzie County Fair ND$452,895 Secretary/treasurer $7,150 $8,826 2024
Meade County Fair Inc KY$386,029 Co Sec./trea $4,500 $5,438 2024
Lake Agriculture & Youth Fair Association Inc FL$459,610 Director $55,600 $60,489 2023
Spokane Lilac Festival Association Inc WA$459,953 Executive Dir. $72,743 $73,258 2024
Beltrami County Agricultural Assoc MN$379,462 Facilities Manager $14,421 $15,615 2025
The Village Halloween Parade Inc NY$376,437 Executive Director $60,000 $62,788 2023
Ke Kukui Foundation WA$471,375 Executive Di $82,345 $82,929 2024
Piedmont Interstate Fair SC$476,217 Exec. Direct $38,000 $44,593 2024
South Central Fair Association Inc VA$366,472 Secretary/manager $7,560 $8,211 2024
Culinaria TX$355,678 Ceo $75,350 $84,784 2024
Shelby County Fair Association Inc IN$347,163 President $450 $534 2024
Waseca County Agricultural Society MN$344,150 Sec/treasurer $9,500 $10,559 2024
Harinam Festivals Inc NC$340,348 Treasurer $7,200 $8,368 2024
Hancock County Agricultural Society ME$512,110 Vice Preside $15,000 $16,896 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA 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 CA 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 default86th
Total compensation (D + F), as reported (no adjustments)88th
Reportable pay only (column D), adjusted86th
All sources (D + E + F), adjusted86th

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 (Margaret Young) 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 42 similarly situated organizations (Same NTEE sector (N52), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $75,000 is reasonable (approximately the 86th 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.