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PeerBasis
Compensation Comparability Determination

Third Place Technologies

Executive Director / CEO

EIN 472732864
WA · NTEE U19
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Karen Molesky, Executive Director / CEO ($19,594) against every comparable organization that fit the selection criteria — 37 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 19th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

37 organizations qualified on sector, size, and geography 37 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,043 total compensation of comparable organizations → $195,872 $19,594
$8,86010th
$25,39525th
$46,470Median
$65,43275th
$123,56790th
$19,594This org · 19th
p10$8,860
p25$25,395
p50$46,470
p75$65,432
p90$123,567
$19,594

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 WA 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
Aerospace States Association Inc VA$139,216 Executive Director $55,000 $57,613 2024
Institute For Population Health Sciences IL$136,832 Director $7,000 $7,466 2024
Haskell-org Inc DE$136,256 Executive Director $115,236 $122,413 2024
Qualia Research Institute CA$140,681 President & Executive Director $64,164 $60,109 2024
Girl Develop It VT$141,110 Executive Dir. $57,711 $64,880 2023
Engineering Biology Research Consortium CA$143,080 President $32,367 $31,217 2023
Tmt Observatory Corporation CA$132,115 Manager Of Awards And Budgets $209,085 $195,872 2024
Technology Management Instituteinc VA$148,460 Executive Di $122,100 $127,901 2024
Oklahoma Bioscience Institute OK$127,423 Imci Managing Director/president $25,697 $30,698 2024
Florida International University FL$149,034 Director $60,783 $63,778 2023
Lepidopterists Society CA$149,918 Secretary $7,500 $7,234 2023
404 Dao Inc GA$126,200 Secretary & Chief Operatio $40,879 $44,592 2024
Biological Stain Commission Inc NY$152,160 90 Eagle Chase, Woodbury, Ny 11797 $19,476 $19,093 2024
Space Frontier Foundation Inc DC$123,469 Director $41,500 $39,509 2024
Aci Center Of Excellence For MI$156,667 Treasurer $37,236 $41,697 2024
The Geological Engineering Foundation CA$118,651 Director $6,500 $6,269 2023
5 Lakes Institute WI$158,500 Executive Di $87,400 $96,473 2025
Science Journal For Kids TX$117,776 Officer/director $23,400 $25,395 2024
Punxsutawney Weather Center Inc PA$158,655 Center Direc $22,867 $24,740 2024
Cyberauto Challenge MD$117,581 Treasurer $3,000 $3,043 2024
Airfuel Alliance OR$160,830 President $48,000 $48,360 2024
Cyberhawaii HI$112,792 President & $129,000 $125,299 2024
Interacademy Partnership Inc DC$112,355 Executive Director $159,844 $156,670 2023
Epigenix Foundation CA$108,281 President / Ceo / Board Chairman $29,750 $28,693 2023
Greater Memphis It Council TN$171,245 Executive Director & Secre $78,433 $92,085 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to WA cost of living and 2023 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 WA 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 default19th
Total compensation (D + F), as reported (no adjustments)19th
Reportable pay only (column D), adjusted32nd
All sources (D + E + F), adjusted11th

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 (Karen Molesky) 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 37 similarly situated organizations (Same NTEE major group (U), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $19,594 is reasonable (approximately the 19th 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.