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PeerBasis
Compensation Comparability Determination

Southwest Virginia Ballet Company

Executive Director / CEO

EIN 541563448
VA · NTEE A630
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Pedro Szalay, Executive Director / CEO ($60,658) against every comparable organization that fit the selection criteria — 51 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 82nd percentile of comparable organizationswithin the typical range

Benchmarked executive: Pedro Szalay — reported title “ART 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

51 organizations qualified on sector, size, and geography 51 within the band form the benchmarked peer set.

Distribution of comparable compensation

$5,308 total compensation of comparable organizations → $97,744 $60,658
$14,75810th
$23,55125th
$34,671Median
$52,48175th
$68,90290th
$60,658This org · 82nd
p10$14,758
p25$23,551
p50$34,671
p75$52,481
p90$68,902
$60,658

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 VA 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
Performing Arts School Of Central Pa PA$364,121 School Director $18,183 $18,241 2024
Dimensions Dance Theater Of Miami Inc FL$363,013 President $24,086 $22,762 2024
Azara Ballet Inc FL$365,205 Director $64,200 $60,671 2024
Andalusia Ballet Association AL$356,670 Secretary/tr $29,496 $33,003 2023
Champaign-urbana Ballet IL$354,969 Executive Director $56,616 $54,549 2025
Syracuse City Ballet Inc NY$378,355 Executive Director $15,769 $14,758 2023
Tulsa Ballet Theatre Trust Fund FL$347,279 Trustee $55,578 $52,523 2024
Mississippi Metropolitan Ballet MS$380,724 Former Executive Director $19,667 $22,035 2024
Rejoice Ministries Inc TN$345,312 Executive Director $65,160 $68,902 2024
Kingsport Ballet TN$382,919 Executive Di $43,750 $46,262 2024
Ballet Etudes Of South Florida Inc FL$329,657 Director $15,413 $14,566 2024
Morballet Inc NY$397,888 President $35,596 $32,358 2024
Akhmedova Ballet Foundation Inc MD$322,174 President $62,008 $58,318 2024
Ballet Frontier Of Texas TX$405,308 Artistic Director $47,375 $47,673 2024
Northeast Atlanta GA$317,332 Artistic Director $75,700 $76,569 2024
Miami Valley Ballet Theatre Inc OH$315,444 Ceo $59,617 $61,883 2025
Wichita Falls Ballet Theatre Inc TX$419,261 Executive Director $26,985 $27,155 2024
Ballet Works Inc MN$419,448 Executive Director $54,150 $52,439 2025
On Stage Theatrical Productions Inc MA$306,386 Director $7,205 $6,345 2025
Academy Of Ballet Arts Inc FL$303,715 President $29,925 $28,280 2024
Miami Youth Ballet Inc FL$428,400 President $36,916 $34,887 2024
Royal Expressions Contemporary Ballet NC$297,417 Founding Director $20,701 $21,517 2024
Cary Ballet Company NC$294,785 Artistic Director $16,000 $16,631 2024
Ballet Theatre Of Carmel Academy Ltd IN$291,185 Associate Artistic Directo $5,004 $5,308 2024
Ballet Repertory Theatre Of New Mexico NM$288,188 Executive & Artist Director $53,333 $57,705 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VA 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 VA 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 default82nd
Total compensation (D + F), as reported (no adjustments)82nd
Reportable pay only (column D), adjusted82nd
All sources (D + E + F), adjusted78th

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 (Pedro Szalay) 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 51 similarly situated organizations (Same NTEE sector (A63), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $60,658 is reasonable (approximately the 82nd 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.