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PeerBasis
Compensation Comparability Determination

Lanesboro Arts Center

Executive Director / CEO

EIN 411731338
MN · NTEE A400
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Kara Maloney, Executive Director / CEO ($60,500) against every comparable organization that fit the selection criteria — 86 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 40th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

86 organizations qualified on sector, size, and geography 86 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,020 total compensation of comparable organizations → $163,524 $60,500
$33,42410th
$48,55125th
$67,661Median
$82,77075th
$95,25090th
$60,500This org · 40th
p10$33,424
p25$48,551
p50$67,661
p75$82,770
p90$95,250
$60,500

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
The Luminary Inc MO$472,141 Executive Dir. $79,685 $85,414 2024
Trickster Art Gallery IL$470,137 Executive Director $70,000 $71,704 2023
Art & Creativity For Healing CA$475,839 Exec Dir/member $68,400 $61,539 2023
Iowa Arts In Education IA$464,535 Executive Director $57,001 $63,163 2024
Wisconsin Museum Of Quilts & Fiber Arts Inc WI$462,757 Executive Director $79,064 $83,565 2024
Dirt Palace Public Projects RI$485,962 Co-executive Director $49,658 $48,189 2024
Participant Inc NY$488,032 Founder/director $35,385 $32,360 2024
Dallas Architecture Forum TX$448,181 Executive Director $95,000 $96,173 2024
Center For Contemporary Printmaking CT$497,747 Executive Di $72,000 $68,320 2024
Summerfair Cincinnati Inc OH$498,021 Executive Director $74,044 $81,712 2023
Northeast Minneapolis Arts Assoc MN$445,132 Executive Director $75,354 $77,580 2023
Los Angeles Art Association CA$442,183 Executive Dir. $92,800 $83,492 2023
Waco Creative Art Center TX$502,765 Executive Director $41,023 $41,529 2024
Open Studio Project Inc IL$438,996 Executive Di $69,250 $67,124 2025
Rubys Clay Studio & Gallery CA$504,281 Operations Dir $78,000 $68,163 2024
Piedmont Craftsmen Inc NC$433,757 President An $47,125 $49,278 2024
Galveston Arts Center TX$433,471 Executive Director $54,250 $54,920 2024
Daylight Community Arts NY$510,406 President $84,300 $77,092 2024
More Art Inc NY$424,215 Executive Dir. $40,000 $36,580 2024
Design History Foundation Inc CA$523,634 Executive Director $187,122 $163,524 2024
Chicago Public Art Group IL$527,138 Executive Director $70,000 $71,704 2023
The Center For Emerging Visual Artists Ltd PA$412,739 Executive Director $91,948 $95,538 2023
Floyd Community Center For The Arts VA$412,595 Executive Director $58,117 $56,790 2024
The Bronx River Art Center Inc NY$532,119 Executive Director $90,116 $84,845 2023
Center For Exploratory & Perceptual Arts NY$409,364 Former Executive Director $46,158 $43,458 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 default40th
Total compensation (D + F), as reported (no adjustments)44th
Reportable pay only (column D), adjusted40th
All sources (D + E + F), adjusted37th

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 (Kara Maloney) 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 86 similarly situated organizations (Same NTEE sector (A40), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $60,500 is reasonable (approximately the 40th 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.