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PeerBasis
Compensation Comparability Determination

Foundation For Information

Executive Director / CEO

EIN 510177031
IL · NTEE A70
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Mark Grimes, Executive Director / CEO ($5,000) against every comparable organization that fit the selection criteria — 545 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 14th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

545 organizations qualified on sector, size, and geography 545 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $453,424 $5,000
$3,79410th
$11,52825th
$24,546Median
$45,71075th
$66,41490th
$5,000This org · 14th
p10$3,794
p25$11,528
p50$24,546
p75$45,710
p90$66,414
$5,000

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 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
Marigold Arts Development Inc SC$103,128 Ceo $16,900 $17,934 2024
Slovenian Cultural Center IL$103,151 Director $15,000 $15,000 2024
The Corda Foundation NC$103,285 Treasurer $35,000 $37,872 2023
Akin Hall Association NY$103,447 Curator $23,400 $22,143 2023
Bird Island Cultural Centre MN$103,456 Director $1,800 $1,809 2024
Montgomery Co Historical Society IN$103,557 Exec Directo $24,621 $26,410 2024
Timeless Gifts IL$102,314 Executive Director $55,200 $55,200 2024
Da Capo Virginia VA$103,840 Executive & Vivo Director/past-president $43,633 $42,853 2024
The Trey Clegg Singers Inc GA$103,947 Founder/director $24,000 $24,546 2024
Goldfield Superstition Historical Society Inc AZ$102,180 Clerk $29,200 $28,565 2024
Smh Support Corporation NY$104,003 Chairperson $77,265 $73,115 2023
Music From China Inc NY$104,010 Executive Director $28,200 $25,920 2024
The Dial Magazine Inc NY$102,115 Secretary $35,000 $32,170 2024
Chinese Christian Church Music Institute CA$104,020 Admin $25,500 $22,397 2024
Bayfield Heritage Association Inc WI$102,049 Exec Directo $6,067 $6,635 2023
Lewis & Clark National Park Association OR$101,962 Executive Director $56,787 $53,641 2024
Nebraska Firefighters Foundation NE$104,208 Executive Director $31,800 $34,790 2024
Huda Community Center CA$101,790 Executive Dir $38,400 $34,724 2023
Team Sunshine Performance Corp PA$101,673 Co-artistic $28,280 $28,686 2024
Austin Celtic Association TX$104,482 At-large $33,000 $33,577 2024
Swedish Historical Society Of Rockford IL$104,529 Executive Director $55,978 $57,631 2023
Out At The Movies NC$104,603 Executive Director Effective Aug 2024 $13,902 $14,611 2024
Textile Society Of America Inc MD$101,200 Director At Large Communications $4,043 $3,958 2023
The Japanese Asociation Of Greater MA$101,073 Secretary $41,000 $37,476 2024
Jezebel Productions Inc NY$105,154 Executive Di $22,000 $20,221 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 default14th
Total compensation (D + F), as reported (no adjustments)13th
Reportable pay only (column D), adjusted19th
All sources (D + E + F), adjusted12th

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 (Mark Grimes) 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 545 similarly situated organizations (Same NTEE major group (A), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $5,000 is reasonable (approximately the 14th 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.