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PeerBasis
Compensation Comparability Determination

Faribault Art Center Inc

Executive Director / CEO

EIN 411381314
MN · NTEE A25Z
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Julie Fakler, Executive Director / CEO ($61,040) against every comparable organization that fit the selection criteria — 155 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 41st percentile of comparable organizationswithin the typical range

Benchmarked executive: Julie Fakler — reported title “EXECUTIVE DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

155 organizations qualified on sector, size, and geography 155 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,819 total compensation of comparable organizations → $213,206 $61,040
$20,63110th
$39,34125th
$65,467Median
$85,72575th
$110,97790th
$61,040This org · 41st
p10$20,631
p25$39,341
p50$65,467
p75$85,725
p90$110,977
$61,040

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
Opry Heritage Foundation Of Oklahoma OK$467,347 Executive Director $51,150 $58,685 2023
Fabarts Inc GA$464,606 President $64,336 $65,467 2024
Teentix WA$463,808 Exec. Dir. $75,968 $68,833 2024
Cardboard Cares MN$474,863 President $81,667 $81,667 2024
Renaissance Music Academy Of Va VA$475,464 President $28,456 $28,628 2023
Glass Art Kalamazoo MI$459,047 Executive Di $70,265 $75,565 2023
Community School Of Music And Arts Inc NY$458,719 Executive Director $66,346 $60,673 2024
Creative Kids Playhouse Childrens CA$476,911 President $37,015 $33,302 2023
Batavia Artists Association Nfp Inc IL$457,708 Fmr Exec Direct $28,625 $28,480 2024
Creative Arts Center In Chatham Inc MA$456,071 Executive Di $96,453 $87,717 2024
Bloom Arts Foundation Inc CA$481,207 Ececutive Director $104,137 $91,004 2024
Wyoming Fine Arts Center OH$482,274 Executive Dir. $75,246 $80,656 2024
Luna Composition Lab Inc NY$485,571 Executive Director $81,332 $74,378 2024
Trilogy Cultural Arts Centre Inc KS$486,373 Board Member $35,586 $38,907 2024
Tian Yue Academy Of The Arts MA$486,571 Director $48,000 $44,942 2023
Materials Exchange Center For Community OR$447,734 Executive Dir. $60,999 $57,329 2024
The Shine Arts Foundation TX$487,667 President $38,252 $38,724 2024
Arthouse Studio Inc CA$489,139 Executive Dir. $113,300 $99,012 2024
The Art Guild Of Port Washington Inc NY$490,098 Executive Director $65,885 $60,252 2024
Youth Arts Collective Inc CA$444,083 Director $65,000 $58,481 2023
Artists Working In Education Inc WI$491,931 Executive Dir. $85,213 $90,064 2024
Womens Art Center Of The Hamptons Inc NY$440,657 Vice President/executive Director $120,000 $109,740 2024
Artist Outreach Inc TX$440,502 Ceo/director Of Programs $186,587 $188,891 2024
Write On Door County Inc WI$494,616 Executive Di $67,191 $71,016 2024
The Douglas Anderson School Of The FL$439,664 Director $20,000 $19,576 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN 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 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 default41st
Total compensation (D + F), as reported (no adjustments)41st
Reportable pay only (column D), adjusted42nd
All sources (D + E + F), adjusted39th

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 (Julie Fakler) 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 155 similarly situated organizations (Same NTEE sector (A25), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $61,040 is reasonable (approximately the 41st 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.