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

Waseca County Historical Society

Executive Director / CEO

EIN 410966847
MN · NTEE A82
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joan Mooney, Executive Director / CEO ($34,024) against every comparable organization that fit the selection criteria — 101 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 18th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Joan Mooney — reported title “Executive Dir.”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

101 organizations qualified on sector, size, and geography 101 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,393 total compensation of comparable organizations → $155,183 $34,024
$16,06010th
$38,91525th
$58,043Median
$72,37175th
$87,63990th
$34,024This org · 18th
p10$16,060
p25$38,915
p50$58,043
p75$72,371
p90$87,639
$34,024

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 MN 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
Lake Jackson Historical Association TX$286,570 Executive Dir. $55,623 $54,694 2024
Sherborn Community Center Foundation Inc MA$286,631 Function And Operations Manager $30,000 $25,817 2025
Anoka County Historical Society MN$283,591 Executive Di $73,458 $71,351 2024
Historic Cherry Hill NY$282,305 Exec Director $50,602 $44,948 2024
Folsom Historical Society CA$288,947 Exec Director $105,000 $91,758 2023
Mifflin County Historical Society PA$291,294 Assistant Treasurer $16,817 $16,060 2025
Preservation Greensboro Inc NC$291,437 Executive Dir. $43,321 $44,001 2024
Crested Butte Mountain Heritage CO$278,634 Executive Di $52,845 $48,527 2025
Chenango County Historical Society NY$277,540 Executive Director $60,152 $53,430 2024
Corning Painted Post Historical Society NY$274,718 Director $43,810 $38,915 2024
Rock River Heritage Inc WI$274,514 Exc Director $60,064 $61,662 2024
American Society Of Church History MN$274,036 Executive Se $25,000 $25,000 2023
Leelanau Historical Society MI$270,796 Executive Dir. $37,577 $39,252 2023
Highlands Historical Society PA$301,090 Executive Director $58,333 $58,871 2023
Nittany Antique Machinery Association PA$268,569 Secretary $2,400 $2,353 2024
Oneida County Historical Society Inc NY$302,691 Executive Director $66,992 $59,506 2024
Ross County Historical Society Inc OH$305,685 Executive Director $69,182 $74,156 2023
Umatilla County Historical Society OR$263,172 Executive Direc $37,867 $34,568 2024
Lambda Archives Of San Diego CA$310,154 Managing Direct $81,671 $69,324 2024
Carousel Society Of The Niagara NY$310,499 Executive Director $64,395 $58,889 2023
120 East State NJ$259,821 Project Leader $97,240 $85,343 2024
Fort Ross Conservancy CA$313,041 Executive Dir. $65,000 $55,173 2024
Rocky Mount Historical Association TN$256,386 Executive Director $69,271 $73,689 2023
Mount Gulian Society NY$256,383 Executive Di $97,804 $89,442 2023
Furnace Town Foundation Inc MD$256,119 Executive Di $59,289 $54,487 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN 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 MN 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 default18th
Total compensation (D + F), as reported (no adjustments)18th
Reportable pay only (column D), adjusted19th
All sources (D + E + F), adjusted16th

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 (Joan Mooney) 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 101 similarly situated organizations (Same NTEE sector (A82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $34,024 is reasonable (approximately the 18th 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.