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PeerBasis
Compensation Comparability Determination

Ironwood Theatre Inc

Executive Director / CEO

EIN 382833204
MI · NTEE A610
FY ending 2024-09-30
June 9, 2026

This analysis benchmarks the total compensation of Bruce Greenhill, Executive Director / CEO ($53,333) 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 36th percentile of comparable organizationswithin the typical range

Benchmarked executive: Bruce Greenhill — reported title “THEATRE MANAGER”, 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

$3,751 total compensation of comparable organizations → $112,348 $53,333
$28,07210th
$45,86725th
$59,809Median
$69,52575th
$88,65290th
$53,333This org · 36th
p10$28,072
p25$45,867
p50$59,809
p75$69,525
p90$88,652
$53,333

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
Serendipity Theatre Company IL$491,454 Artist Director $70,797 $67,433 2024
Renaissance Art Center Inc ID$505,996 Executive Director $48,000 $48,196 2025
Wild Project Productions Inc NY$469,319 Secretary/producing Director $28,080 $24,583 2024
A Magical Journey Thru Stages Inc NY$466,527 Executive Director $57,292 $50,157 2024
Center For Performance Research Inc NY$534,692 Executive Director $83,814 $75,544 2023
Inner Arbor Trust Inc MD$448,267 President Ceo $60,000 $54,346 2024
Fergus Falls Center For The Arts Inc MN$536,687 Executive Dir. $69,351 $66,391 2024
Arca Images Inc FL$446,523 President/treasurer $72,000 $65,530 2024
Hancock County Auditorium Associates ME$443,154 Exec Director $68,072 $67,990 2023
Links Hall Inc IL$429,725 Executive Director $75,935 $70,462 2025
Kerrytown Concert House Inc MI$555,129 Board Member $3,850 $3,751 2025
Pentangle Council On The Arts VT$428,698 Executive Di $65,772 $64,138 2024
Methuen Memorial Music Hall Inc MA$426,660 Executive Dir. $75,000 $65,296 2024
Theater Alliance Of Washington Dc DC$421,630 Executive Dir. $34,941 $29,706 2024
Painted Bride Art Center Inc PA$568,641 Executive Di $105,000 $98,831 2025
Brandon House Cultural And Performing Arts Center AR$572,085 Associate Director $42,500 $45,091 2025
The Arbogast Performing Arts Center OH$589,094 Executive Di $65,000 $66,699 2024
Open Eye Theatre MN$388,300 Executive Dir. $79,040 $75,666 2024
Lucas Theatre For The Arts Inc GA$382,223 President $51,466 $51,616 2023
Auburn State Theatre Incorporated CA$377,695 Board Member $34,220 $27,890 2025
Southeast Community Cultural Center Inc GA$377,395 Board Member $42,000 $40,914 2024
The Lyric Council Inc VA$376,411 Executive Director (Current) $41,789 $40,246 2023
Sacramento Comedy Spot CA$375,894 Executive Dir. $64,480 $55,537 2023
Cambridge Multicultural Arts MA$614,950 Managing Director $41,131 $34,886 2025
Berkeley Art Center Association CA$368,725 Executive Dir. $66,107 $55,304 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 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 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 default36th
Total compensation (D + F), as reported (no adjustments)31st
Reportable pay only (column D), adjusted36th
All sources (D + E + F), adjusted31st

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 (Bruce Greenhill) 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 (A61), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $53,333 is reasonable (approximately the 36th 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.