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PeerBasis
Compensation Comparability Determination

Studio 23

Executive Director / CEO

EIN 381704855
MI · NTEE A400
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Megan Koch, Executive Director / CEO ($58,000) against every comparable organization that fit the selection criteria — 70 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 49th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

70 organizations qualified on sector, size, and geography 70 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,879 total compensation of comparable organizations → $152,054 $58,000
$20,83210th
$39,75125th
$59,556Median
$74,79575th
$82,52090th
$58,000This org · 49th
p10$20,832
p25$39,751
p50$59,556
p75$74,795
p90$82,520
$58,000

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 MI 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
Teton Arts Council Inc ID$365,515 Executive Director $61,471 $61,536 2024
The Carving Studio & Sculpture Ctr VT$363,244 Executive Di $76,292 $74,397 2023
Athens Photographic Project OH$377,453 Exec Director $86,050 $88,300 2023
Craftstudies Inc VT$359,913 Executive Director $81,200 $74,928 2025
Oye Group Inc NY$357,335 Co-chairman $3,200 $2,721 2024
Precita Eyes Muralists Association Inc CA$355,365 Executive Dir. $45,371 $37,957 2023
Bountiful Davis Art Foundation UT$354,072 Executive Director $81,000 $78,013 2024
Wilkes Art Gallery Inc NC$351,723 Executive Director $67,373 $65,510 2024
Public Art Saint Paul MN$349,666 Executive Di $73,245 $68,107 2024
Katy Artreach TX$348,050 Executive Di $46,350 $44,919 2023
Western Montana Creative MT$390,199 Executive Di $59,523 $60,379 2024
Lenawee Council For The Visual Arts MI$346,125 Executive Director $68,750 $65,056 2025
Zocalo Public Square CA$391,536 Ceo $25,806 $20,970 2024
Maryland Art Place Inc MD$338,917 Executive Director $96,373 $87,292 2023
Plymouth Art Foundation Inc WI$338,171 Exec Dir $71,564 $70,332 2024
Monira Foundation NJ$401,991 Director/president/exec. D $114,577 $96,267 2024
Charlotte Art League Inc NC$402,149 Executive Dir. $13,077 $12,715 2024
Wave Pool Corp OH$403,451 Interim Executive Director $71,738 $71,502 2024
Pennsylvania Guild Of Craftsmen PA$333,636 Exec Dir Out $22,212 $20,845 2024
Watercolor Art Society-houston TX$330,071 Annual Members Exhibit Director $11,302 $10,365 2025
Art Feminism Inc MD$407,503 Executive Director $93,320 $82,102 2024
Center For Exploratory & Perceptual Arts NY$409,364 Former Executive Director $46,158 $40,410 2023
Floyd Community Center For The Arts VA$412,595 Executive Director $58,117 $52,806 2024
The Center For Emerging Visual Artists Ltd PA$412,739 Executive Director $91,948 $88,836 2023
The Video Game History Foundation Inc CA$324,387 President / Executive Director $67,416 $54,782 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MI 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 MI 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 default49th
Total compensation (D + F), as reported (no adjustments)43rd
Reportable pay only (column D), adjusted49th
All sources (D + E + F), adjusted46th

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 (Megan Koch) 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 70 similarly situated organizations (Same NTEE sector (A40), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $58,000 is reasonable (approximately the 49th 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.