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PeerBasis
Compensation Comparability Determination

The Etruscan Foundation

Executive Director / CEO

EIN 386083899
MI · NTEE A72Z
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Richard F String, Executive Director / CEO ($52,000) against every comparable organization that fit the selection criteria — 596 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 82nd percentile of comparable organizationswithin the typical range

Benchmarked executive: Richard F String — reported title “EXEC. DIRECT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

596 organizations qualified on sector, size, and geography 596 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $431,876 $52,000
$4,01110th
$12,02225th
$25,138Median
$45,05475th
$63,90190th
$52,000This org · 82nd
p10$4,011
p25$12,022
p50$25,138
p75$45,054
p90$63,901
$52,000

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
Elivy Youth Performing Arts Institute IL$109,056 Treasurer $3,120 $2,972 2024
Persephone Productions Inc VA$109,079 Ceo $80,506 $75,309 2024
Nashville Ballet Foundation TN$108,590 Artistic Director/ceo $4,054 $4,129 2024
Fairhope Film Festival Inc AL$108,523 Executive Director $16,000 $17,242 2023
Waynesboro Community Theatre Project Inc PA$109,329 Director $29,879 $28,868 2024
Parkway High School Band Boosters Inc LA$108,314 Main Treasurer $24,000 $25,604 2024
Torah Lishmah Institute Inc NY$109,422 President $100,000 $87,546 2024
Emerald Hills Institute UT$109,609 Director $3,000 $2,975 2024
The Iredell Museums Inc NC$109,708 Programs Opreations Manager $48,585 $47,383 2025
Huntington African American Museum Inc NY$107,966 Executive Director $26,522 $23,219 2024
Committee For A Better New Orleans LA$107,720 Executive Director $80,000 $85,345 2024
Art In The Atrium Inc NJ$110,017 Ceo $54,985 $47,563 2024
Salvage Vanguard Theater TX$107,275 Artistic Director $64,600 $64,455 2023
The Arts Project Inc MD$110,552 Executive Director $24,559 $22,245 2024
Denizen Theatre Inc NY$110,746 Secretary/treasurer $19,980 $17,492 2024
The Midwest Writing Center IL$110,753 Executive Director $33,497 $32,847 2023
Holland Childrens Movement NE$110,791 Ceo $42,825 $45,943 2023
Philadelphia Dance Projects PA$111,022 Executive Di $4,000 $3,765 2025
Trilogy An Opera Company NJ$111,031 Artisticexecutive Director $19,150 $16,565 2024
Shelton Historical Society Inc CT$111,059 Executive Director $24,445 $22,206 2024
Belton Center For The Arts SC$111,131 Executive Director $35,077 $35,453 2024
Trent House Association Inc NJ$111,226 Interim Executive Director $6,000 $5,343 2023
East Bay Media Center CA$106,468 President $300 $251 2024
Opheliasmedia Films Inc GA$111,500 Director $45,950 $44,762 2024
Highland Historical Society VA$111,650 Executive Di $19,240 $17,998 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 default82nd
Total compensation (D + F), as reported (no adjustments)80th
Reportable pay only (column D), adjusted84th
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:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Richard F String) 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 596 similarly situated organizations (Same NTEE major group (A), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $52,000 is reasonable (approximately the 82nd 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.