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PeerBasis
Compensation Comparability Determination

Venetian Arts Society Inc

Executive Director / CEO

EIN 453123931
FL · NTEE A61
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of William Riddle, Executive Director / CEO ($14,400) against every comparable organization that fit the selection criteria — 36 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 22nd percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

36 organizations qualified on sector, size, and geography 36 within the band form the benchmarked peer set.

Distribution of comparable compensation

$249 total compensation of comparable organizations → $91,566 $14,400
$6,60210th
$21,85525th
$40,682Median
$64,88475th
$84,58990th
$14,400This org · 22nd
p10$6,602
p25$21,855
p50$40,682
p75$64,884
p90$84,589
$14,400

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 FL 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
Harford Ballet Company Inc MD$196,465 Executive Di $29,000 $28,861 2024
Bigfork Center For The Performing MT$206,454 Executive Di $11,125 $13,143 2023
Hudson Riverfront NJ$207,103 President/executive Direct $91,163 $86,643 2024
Joseph Avenue Arts And Culture NY$213,744 Executive Director $79,735 $74,720 2025
Pennsport School Of Dance PA$215,006 Co- Executive Director $10,000 $10,929 2023
The Jazz Bakery Performance Space CA$217,004 Pres./artistic Director $45,780 $42,080 2024
Abilene Performing Arts Company Inc TX$219,949 Executive Dir. $42,230 $43,808 2025
Arts Center Task Force WA$220,960 Executive Director $39,654 $37,792 2024
Contemporary Performing Arts Of Chattanooga Inc TN$224,762 Secretary $1,300 $1,455 2024
Chapin Community Theatre Inc SC$225,393 Artistic Director $12,867 $14,289 2024
Minden Opera House Inc NE$225,793 Executive Di $56,392 $64,564 2024
Miller Beach Arts & Creative District Cdc IN$234,484 Executive Director $44,000 $48,120 2025
Sierra Performing Arts Association CA$237,699 Board Member $2,210 $2,031 2024
Tupelo Community Theatre Inc MS$237,792 Executive Di $53,083 $62,933 2024
Partnership For The Performing Arts CA$161,746 Treasurer $24,000 $21,491 2025
Juggerknot Theatre Corporation FL$151,050 President/director $60,000 $60,000 2024
Art Maker Llc OK$250,217 President, Chief Operating Officer $28,050 $32,879 2024
Community Arts And Culture Inc FL$147,543 President $11,500 $11,500 2024
Blue Bamboo Center For The Arts Inc FL$254,888 Executive Director $2,275 $2,275 2024
Cloverdale Performing Arts Centerinc CA$144,696 Artistic Managing Director $58,000 $53,313 2024
Dynamic Xplosion Cheer Inc FL$256,232 Cheif Executive Officer $23,783 $23,783 2024
Deertrees Theatre Limited ME$257,564 Director $30,501 $32,511 2024
Cunneen Hackett Cultural Center Inc NY$257,753 Executive Director $54,550 $54,021 2023
Beacon Performing Arts Center Ltd NY$139,715 Co-founder $28,846 $28,566 2023
Newport Performing Arts Center Inc RI$134,869 Managing Director $74,269 $75,807 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to FL 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 FL 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 default22nd
Total compensation (D + F), as reported (no adjustments)22nd
Reportable pay only (column D), adjusted22nd
All sources (D + E + F), adjusted22nd

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 (William Riddle) 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 36 similarly situated organizations (Same NTEE sector (A61), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $14,400 is reasonable (approximately the 22nd 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.