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PeerBasis
Compensation Comparability Determination

Cedar Falls Band Inc

Executive Director / CEO

EIN 421075385
IA · NTEE A6C
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Judy Larkin, Executive Director / CEO ($760) against every comparable organization that fit the selection criteria — 729 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 1st percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Judy Larkin — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

729 organizations qualified on sector, size, and geography 729 within the band form the benchmarked peer set.

Distribution of comparable compensation

$211 total compensation of comparable organizations → $407,119 $760
$4,26010th
$12,22425th
$25,757Median
$43,66475th
$61,07790th
$760This org · 1st
p10$4,260
p25$12,224
p50$25,757
p75$43,664
p90$61,077
$760

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
Gordon Education Initiatives For TX$123,161 Executive Di $30,170 $27,563 2024
Asbury Park Arts Council Inc NJ$123,192 Secretary/ex $77,140 $62,902 2024
People Power Media CA$123,006 Secretary $6,000 $4,732 2024
All Cultures Equal Inc IA$123,407 Executive Dir. $14,300 $14,722 2023
One Achord Guitar Lessons Inc CA$122,814 President $77,624 $61,217 2024
The Walter Hive AZ$123,495 Executive Director $75,790 $68,536 2023
Chsee Inc NY$123,771 Treasurer $4,760 $3,928 2024
Codington County Historical Society SD$123,793 Museum Director $49,778 $51,655 2023
Copper Country Community Arts Council MI$122,447 Executive Director $43,986 $42,689 2023
Studio Place Arts Inc VT$123,837 Executive Director $65,805 $60,492 2024
Swiss Center Of North America Inc WI$122,276 President/ceo (As Of April 2024) $51,154 $48,791 2024
Ballet Afsaneh Art & Culture Society CA$124,017 Executive Director $19,500 $15,378 2024
Denver Ballet Theatre CO$124,128 Artistic Director $40,000 $36,064 2023
Bloomfield Access Television CT$124,200 Executive Director $67,813 $58,069 2024
Granby Community Access And Media Inc MA$124,269 Executive Director $25,449 $20,886 2024
Susan B Anthony Birthplace Museum Inc MA$124,399 Executive Director $70,000 $57,449 2024
Fairfield Bay Library Inc AR$121,856 Director $41,507 $42,611 2024
Bluegrass Heritage Museum Inc KY$121,829 Executive-di $38,016 $37,302 2024
Captain Avery Museum Inc MD$124,562 Executive Director $46,688 $41,042 2023
East End African American Museum NY$124,562 Executive Di $20,000 $16,993 2023
Shakespearean Youth Theater Company MN$124,596 Managing Director $36,000 $33,447 2023
The Sam Houston Masonic Library And Museum Association TX$121,623 Treasurer $3,000 $2,670 2025
Alianta Inc DC$121,565 Chair $2,725 $2,248 2023
Museum Of Deaf History Arts And Culture KS$124,707 Co-executive Director $45,833 $46,558 2023
Small Steps Nurturing Center Foundation TX$124,777 Executive Director $9,640 $9,067 2023

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 default1st
Total compensation (D + F), as reported (no adjustments)1st
Reportable pay only (column D), adjusted6th
All sources (D + E + F), adjusted1st

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 (Judy Larkin) 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 729 similarly situated organizations (Same NTEE major group (A), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $760 is reasonable (approximately the 1st 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.