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PeerBasis
Compensation Comparability Determination

Legends Do Live

Executive Director / CEO

EIN 472508554
TX · NTEE A20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Jarren Small, Executive Director / CEO ($27,083) against every comparable organization that fit the selection criteria — 15 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 20th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

15 organizations qualified on sector, size, and geography 15 within the band form the benchmarked peer set.

Distribution of comparable compensation

$350 total compensation of comparable organizations → $227,242 $27,083
$11,74910th
$44,29925th
$67,221Median
$83,48475th
$126,48190th
$27,083This org · 20th
p10$11,749
p25$44,299
p50$67,221
p75$83,484
p90$126,481
$27,083

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 TX 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
Sage Studio & Gallery TX$367,809 President $65,292 $67,221 2023
Tx Bicycle Coalition Education Fund TX$381,303 Executive Director $7,913 $7,913 2024
Babes Fest Inc TX$343,025 Founding Executive Director $57,600 $59,301 2023
Documentary Arts Inc TX$387,152 Pres/treasurer $100,000 $100,000 2024
San Anto Cultural Arts TX$333,818 Executive Dir. $61,799 $61,799 2024
Indian Cultural Heritage Foundation TX$404,841 Executive Di $17,000 $17,502 2023
Arts Mission Oak Cliff TX$317,052 Exec. Dir./p $36,000 $36,000 2024
Texas Folklife Resources TX$428,750 Executive Director $140,000 $144,135 2023
Imagination Fort Worth TX$287,534 Executive Director $68,735 $70,765 2023
Bee Cave Arts Foundation TX$283,079 Board President $340 $350 2023
Big Medium TX$272,568 Executive Director $88,723 $88,723 2024
Arts Longview TX$266,310 Executive Director $52,597 $52,597 2024
Rockport Cultural Arts District TX$261,701 Executive Director $76,000 $78,245 2023
Luminaria TX$478,477 Executive Dir. $73,172 $75,333 2023
San Antonio Mobility Coalition Inc TX$541,442 Pres. & Ceo $227,242 $227,242 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TX 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 TX 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 default20th
Total compensation (D + F), as reported (no adjustments)20th
Reportable pay only (column D), adjusted20th
All sources (D + E + F), adjusted20th

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 (Jarren Small) 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 15 similarly situated organizations (Same NTEE sector (A20) + TX + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $27,083 is reasonable (approximately the 20th 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.