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

Monona County Fair Association

Executive Director / CEO

EIN 420777782
IA · NTEE N52
FY ending 2024-09-30
June 9, 2026

This analysis benchmarks the total compensation of Elizabeth Sturgill, Executive Director / CEO ($4,800) against every comparable organization that fit the selection criteria — 38 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 26th percentile of comparable organizationswithin the typical range

Benchmarked executive: Elizabeth Sturgill — reported title “SECRETARY”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

38 organizations qualified on sector, size, and geography 38 within the band form the benchmarked peer set.

Distribution of comparable compensation

$433 total compensation of comparable organizations → $94,554 $4,800
$2,48210th
$4,60725th
$8,910Median
$44,74575th
$60,97890th
$4,800This org · 26th
p10$2,482
p25$4,607
p50$8,910
p75$44,745
p90$60,978
$4,800

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 IA 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
Festivals Of Cedarburg Inc WI$303,185 Executive Director $45,661 $44,839 2023
Uil Region Xv Music Executive Committee TX$296,921 Executive Sec. $40,596 $37,088 2024
Pridefest WA$294,584 Executive Director $54,375 $44,461 2024
Ozaukee County Fair WI$282,997 President $975 $930 2024
Native Foods Education Organiz OH$323,232 Chairperson $15,250 $15,187 2023
Nolan County Livestock Association TX$331,830 Executive Dir. $9,600 $8,770 2024
Union County Fair Association AR$265,861 President $4,770 $4,897 2024
Harinam Festivals Inc NC$340,348 Treasurer $7,200 $6,794 2024
The New Wayne County Agricultural Fair IL$264,752 Sec/treas $4,710 $4,229 2024
Waseca County Agricultural Society MN$344,150 Sec/treasurer $9,500 $8,573 2024
Shelby County Fair Association Inc IN$347,163 President $450 $433 2024
Pembina County Annual Fair And Exhibition Association ND$254,368 Treasurer $4,235 $4,370 2023
Culinaria TX$355,678 Ceo $75,350 $68,838 2024
Chenango County Agricultural Society NY$249,493 Groundskeeper $9,835 $8,117 2024
Crested Butte Wildflower Festival Inc CO$248,409 Executive Director $52,000 $46,884 2023
Louisville Third Century Inc KY$246,737 President $82,054 $82,891 2023
Central Panhandle Fair In Bay County FL$244,639 Director $18,400 $15,787 2024
Westchester Science And NY$240,124 President $5,000 $4,249 2023
South Central Fair Association Inc VA$366,472 Secretary/manager $7,560 $6,667 2024
Chippewa County Fair Association MN$236,753 Director $6,155 $5,555 2024
The Village Halloween Parade Inc NY$376,437 Executive Director $60,000 $50,979 2023
Michigan Festivals And Events MI$226,665 Ceo $54,615 $51,484 2024
Beltrami County Agricultural Assoc MN$379,462 Facilities Manager $14,421 $12,678 2025
Meade County Fair Inc KY$386,029 Co Sec./trea $4,500 $4,415 2024
Pennsylvania State Association Of County Fairs PA$397,487 General Manager $1,200 $1,093 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IA 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 IA 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 default26th
Total compensation (D + F), as reported (no adjustments)26th
Reportable pay only (column D), adjusted26th
All sources (D + E + F), adjusted26th

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 (Elizabeth Sturgill) 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 38 similarly situated organizations (Same NTEE sector (N52), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $4,800 is reasonable (approximately the 26th 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.