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PeerBasis
Compensation Comparability Determination

Timeless Gifts

Executive Director / CEO

EIN 453482850
IL · NTEE A25
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joan Walton Collaso, Executive Director / CEO ($55,200) against every comparable organization that fit the selection criteria — 22 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 77th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

22 organizations qualified on sector, size, and geography 22 within the band form the benchmarked peer set.

Distribution of comparable compensation

$735 total compensation of comparable organizations → $76,331 $55,200
$4,06110th
$11,90025th
$33,042Median
$52,82875th
$68,63490th
$55,200This org · 77th
p10$4,061
p25$11,900
p50$33,042
p75$52,828
p90$68,634
$55,200

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 IL 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
Highlands Art League Inc FL$95,039 Treasurer $3,720 $3,810 2022
Unscripted TN$93,402 Executive Director $8,550 $9,142 2024
You Can Live History Inc CO$90,775 President $18,500 $18,044 2024
Paper Circle OH$89,941 Executive Dir $19,215 $21,313 2023
Livingston Center For Arts & MT$84,998 Executive Di $20,511 $23,154 2023
Working Artists And The Greater Economy Inc NY$120,266 Core Organizer $48,396 $45,796 2023
Jazz Outreach Initiative NV$84,314 Directo Of Programming $36,000 $36,705 2024
The Walter Hive AZ$123,495 Executive Director $75,790 $76,331 2023
Kaleidoscope School Of Fine Art Inc IL$80,819 Executive Director $6,135 $6,316 2023
Art Sphere Inc PA$80,355 Executive Director And Fou $64,632 $67,496 2023
Shakespearean Youth Theater Company MN$124,596 Managing Director $36,000 $37,251 2023
Memphis Cultural Arts Enrichment TN$75,000 President $60,000 $64,151 2024
Arts Access South Carolina SC$130,873 Executive Di $50,500 $55,172 2023
Canto Vocal Programs A New York Nonprofit Corporation NY$70,305 Ceo $800 $735 2024
Queens World Film Initiative Inc NY$69,060 Co-founder & Artistic Director $2,880 $2,579 2025
Pulse Arts Inc CA$136,003 Executive Director $78,600 $69,037 2024
Dstl Arts CA$137,332 Founder, Executive Director; President $14,325 $12,582 2024
Xyayx The Movement Inc NY$139,000 Program Leader $12,335 $11,672 2023
Great River Taoist Center Inc VA$142,450 Director $36,000 $35,357 2024
Susan Kathleen Black Foundation Inc TX$142,600 Exec Director $29,333 $30,727 2023
Essex Youth Theater Inc NJ$145,404 Artistic Director And General Manager $75,712 $68,760 2024
Illustration Institute ME$147,443 Co Founder $37,692 $38,391 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL 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 IL 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 default77th
Total compensation (D + F), as reported (no adjustments)77th
Reportable pay only (column D), adjusted82nd
All sources (D + E + F), adjusted77th

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 (Joan Walton Collaso) 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 22 similarly situated organizations (Same NTEE sector (A25), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $55,200 is reasonable (approximately the 77th 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.