Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

City Lit Theatre Company

Executive Director / CEO

EIN 363090744
IL · NTEE A650
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Terry Mccabe, Executive Director / CEO ($22,308) against every comparable organization that fit the selection criteria — 17 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 35th percentile of comparable organizationswithin the typical range

Benchmarked executive: Terry Mccabe — reported title “ARTISTIC DIR”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

17 organizations qualified on sector, size, and geography 17 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,354 total compensation of comparable organizations → $110,931 $22,308
$8,51510th
$20,77125th
$34,042Median
$48,26075th
$67,60690th
$22,308This org · 35th
p10$8,515
p25$20,771
p50$34,042
p75$48,260
p90$67,606
$22,308

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 IL 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
Eta Creative Arts Foundation IL$249,064 Executive Director $75,000 $77,215 2023
Brightside Theatre Inc IL$249,762 Artistic Director $20,175 $20,771 2023
Hell In A Handbag Productions IL$250,289 Treasurer $43,531 $43,531 2024
Schaumburg On Stage IL$253,256 Program Dire $6,587 $6,587 2024
Invictus Theatre IL$278,797 President And Artistic Director $22,028 $22,028 2024
Water People Theater Group Nfp IL$279,163 Exec Artistic Director $61,200 $61,200 2024
The Gift Theatre Company IL$280,448 Managing Director $41,346 $41,346 2024
Chicago Dramatists IL$291,266 Artistic Direc. $33,065 $34,042 2023
Alton Little Theater Incorporated IL$194,676 Executive Director $36,050 $36,050 2024
Artists' Ensemble Theater Inc IL$303,429 Artistic Dir $25,487 $24,830 2025
Piven Theatre Workshop IL$308,032 Artistic Dir $59,800 $58,259 2025
Oak Park River Forest Civic Theatre IL$175,886 Managing Director $28,501 $28,501 2024
Kokandy Productions IL$317,321 Producing Artistic Director $9,800 $9,800 2024
Lucky Plush Productions IL$170,279 Secretary $3,443 $3,354 2025
Chicago Latino Theater Alliance IL$335,630 Executive Di $113,866 $110,931 2025
Redtwist Theatre IL$342,425 Artist Director $14,805 $14,805 2024
Filament Theatre Ensemble Nfp IL$347,996 Ex Officio $46,875 $48,260 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL 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 IL 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 default35th
Total compensation (D + F), as reported (no adjustments)35th
Reportable pay only (column D), adjusted35th
All sources (D + E + F), adjusted35th

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 (Terry Mccabe) 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 17 similarly situated organizations (Same NTEE sector (A65) + IL + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $22,308 is reasonable (approximately the 35th 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.