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PeerBasis
Compensation Comparability Determination

Waldos And Company

Executive Director / CEO

EIN 474248819
PA · NTEE A20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Wendy Halperin, Executive Director / CEO ($24,000) against every comparable organization that fit the selection criteria — 299 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 25th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

299 organizations qualified on sector, size, and geography 299 within the band form the benchmarked peer set.

Distribution of comparable compensation

$283 total compensation of comparable organizations → $287,341 $24,000
$8,40410th
$23,99025th
$41,901Median
$60,98875th
$77,58790th
$24,000This org · 25th
p10$8,404
p25$23,990
p50$41,901
p75$60,988
p90$77,587
$24,000

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 PA 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
Instituto Mazatlan Bellas Artes CA$251,111 Secretary $35,664 $31,793 2023
Polk Arts Alliance Inc FL$250,687 Executive Director $50,000 $47,101 2024
Avon Hills Folk School MN$250,182 Executive Director $79,296 $78,571 2024
Elk River Arts & Lectures MT$252,132 Executive Di $45,150 $48,804 2024
Fire Island Artist Residency Incorporated NY$252,169 Executive Director $48,500 $43,947 2024
Arts In Motion Studio West Michigan MI$252,632 Executive Director $52,000 $53,822 2024
Arts For All Inc NY$248,714 Executive Director $26,250 $24,488 2023
Brasarte The Damasceno Brazilian Cultural Exchange CA$253,770 Executive Director $11,500 $9,702 2025
Oconee Cultural Arts Foundation Inc GA$254,029 Executive Di $11,735 $11,832 2024
Tres Doux Foundation LA$247,275 Executive Director $63,000 $69,564 2024
Ecoarts Of Lake County CA$254,901 Executive Di $43,775 $39,024 2023
New Mexico Advocates For The Arts NM$255,053 Director $10,460 $11,615 2023
Contemporary Art Group CA$255,236 Executive Director $62,500 $55,717 2023
Palmo Center For Peace & Education OR$255,475 Presdient $57,946 $55,555 2023
The Sunshine Center Inc NY$246,329 Ceo/secretar $42,750 $38,737 2024
Sephardic Heritage International DC$255,964 Executive Director $20,833 $18,332 2024
Blue Sage Center For The Arts CO$256,184 Executive Di $43,577 $41,901 2024
Cultural Arts Coalition Inc FL$245,708 Executive Director $45,192 $42,572 2024
Northern California Music & Art Culture Center CA$256,509 Executive Director $48,000 $41,563 2024
Cite Des Arts LA$245,479 Executive Director $40,000 $44,168 2024
Firestone Park Cultural And Custodi OH$256,796 President $3,000 $3,186 2024
Canvas Institute NY$244,903 Executive Director $45,000 $41,980 2023
New Orleans Academy Of Ophthalmology LA$257,218 Executive Director $53,978 $61,362 2023
Autumn House Press PA$244,505 Editor In Ch $56,207 $56,207 2024
Northwest Connecticut Arts Council Inc CT$257,836 Executive Dir. $55,000 $53,240 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to PA 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 PA 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 default25th
Total compensation (D + F), as reported (no adjustments)23rd
Reportable pay only (column D), adjusted25th
All sources (D + E + F), adjusted24th

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 (Wendy Halperin) 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 299 similarly situated organizations (Same NTEE sector (A20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $24,000 is reasonable (approximately the 25th 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.