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PeerBasis
Compensation Comparability Determination

Ballet Works Inc

Executive Director / CEO

EIN 411787932
MN · NTEE A630
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Eve Schulte, Executive Director / CEO ($54,150) against every comparable organization that fit the selection criteria — 50 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 64th percentile of comparable organizationswithin the typical range

Benchmarked executive: Eve Schulte — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

50 organizations qualified on sector, size, and geography 50 within the band form the benchmarked peer set.

Distribution of comparable compensation

$5,481 total compensation of comparable organizations → $100,934 $54,150
$16,98010th
$24,84525th
$46,877Median
$62,64975th
$80,71690th
$54,150This org · 64th
p10$16,980
p25$24,845
p50$46,877
p75$62,649
p90$80,716
$54,150

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
Wichita Falls Ballet Theatre Inc TX$419,261 Executive Director $26,985 $28,041 2024
Miami Youth Ballet Inc FL$428,400 President $36,916 $36,026 2024
Ballet Frontier Of Texas TX$405,308 Artistic Director $47,375 $49,228 2024
Morballet Inc NY$397,888 President $35,596 $33,414 2024
The Rosin Box Project Inc CA$444,336 Art Dir/ceo $60,320 $54,108 2024
Hawaii Ballet Theatre For Youth HI$444,762 Director $25,800 $24,704 2023
Kingsport Ballet TN$382,919 Executive Di $43,750 $47,772 2024
Triangle Youth Ballet NC$456,035 Pres/artistic Director $28,770 $30,880 2024
Mississippi Metropolitan Ballet MS$380,724 Former Executive Director $19,667 $22,754 2024
Naples Ballet And Company Inc FL$459,852 Coo, Artistic Director $84,938 $82,889 2024
Syracuse City Ballet Inc NY$378,355 Executive Director $15,769 $15,239 2023
Childrens Ballet Of San Antonio TX$460,569 Executive Dir. $25,000 $26,745 2023
San Diego Academy Of Ballet & Ballet Theatre CA$463,381 Executive Director $115,500 $100,934 2025
Avant Chamber Ballet Inc TX$466,768 Creative Director $13,679 $14,634 2023
The Roxey Ballet Company NJ$467,346 Artistic Director $78,000 $70,479 2025
Winston Salem Festival Ballet NC$470,888 Founder & Artistic Director $22,300 $23,936 2024
Musical Theatre Works CA$471,911 Art. Director $94,338 $84,622 2024
Azara Ballet Inc FL$365,205 Director $64,200 $62,652 2024
Roanoke Ballet Theatre Inc VA$474,019 Executive Di $94,400 $94,685 2024
Performing Arts School Of Central Pa PA$364,121 School Director $18,183 $18,836 2024
Southwest Virginia Ballet Company VA$363,594 Art Director $60,658 $62,638 2023
Dimensions Dance Theater Of Miami Inc FL$363,013 President $24,086 $23,505 2024
Cincinnati Ballet Holdings Inc OH$479,970 President $21,906 $24,814 2023
Andalusia Ballet Association AL$356,670 Secretary/tr $29,496 $34,080 2023
Champaign-urbana Ballet IL$354,969 Executive Director $56,616 $56,330 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN cost of living and 2025 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 default64th
Total compensation (D + F), as reported (no adjustments)64th
Reportable pay only (column D), adjusted64th
All sources (D + E + F), adjusted60th

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 (Eve Schulte) 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 50 similarly situated organizations (Same NTEE sector (A63), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $54,150 is reasonable (approximately the 64th 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.