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PeerBasis
Compensation Comparability Determination

The Gilbert Theater Inc

Executive Director / CEO

EIN 561945526
NC · NTEE A60
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Lawrence Carlisle Iii, Executive Director / CEO ($24,000) against every comparable organization that fit the selection criteria — 149 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: Lawrence Carlisle Iii — reported title “ARTISTIC 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

149 organizations qualified on sector, size, and geography 149 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $123,118 $24,000
$13,03010th
$28,36525th
$48,391Median
$62,02075th
$84,07590th
$24,000This org · 20th
p10$13,030
p25$28,365
p50$48,391
p75$62,020
p90$84,075
$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 NC 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
No Surf House OH$389,127 President $22,000 $22,551 2024
Del Sol Performing Arts CA$386,620 Assistant Se $42,815 $36,838 2023
Yaa Samar Dance Theatre NY$386,500 Executive Director $52,400 $45,826 2024
Steel River Playhouse Inc PA$392,567 Artistic Dir $25,000 $24,840 2023
Celebration Arts CA$392,684 Executive Director $32,083 $26,812 2024
New York Mills Arts Retreat MN$395,859 Exec Directo $46,833 $46,109 2023
Young Dance Inc MN$381,260 Executive Director $34,840 $34,302 2023
Golden Gate Symphony Orchestra CA$396,157 Music Direcotr $35,730 $29,090 2025
Beaches Fine Arts Series Inc FL$401,211 Executive Di $81,764 $72,422 2025
Prescott Circus Theatre CA$374,696 Executive Dir. $60,738 $50,759 2024
Hot House West UT$402,831 Executive Di $22,936 $22,719 2024
Teatro Experimental Yerbabruja Inc NY$371,539 Executive Director $100,000 $87,454 2024
Riverside Arts Center Foundation Inc MI$405,796 Executive Dir. $88,580 $88,486 2024
Shine On Performing Arts TX$371,248 President Of Board & Executive Artistic Director $40,019 $38,743 2024
Gilmer Arts & Heritage Association GA$406,349 Excutive Director $48,000 $46,709 2024
Linton Incorporated OH$407,275 Executive Director $65,291 $68,904 2023
Bembe Drum & Dance Inc WI$369,420 Int. Exec. D $28,323 $28,627 2024
Sunfest Of Palm Beach County Inc FL$368,350 Executive Director $117,990 $104,509 2025
Child Hope International CA$410,405 Executive Director $94,738 $79,173 2024
Luminary Arts Corporation CA$410,560 President $60,331 $50,419 2024
Thomasville Entertainment GA$365,778 Executive Dir. $35,700 $33,845 2025
Music Export Memphis TN$412,991 Executive Director. $90,857 $92,429 2024
Lovegood Performing Arts Company OR$363,379 President $12,160 $11,252 2023
Ladies Of Hip-hop Festival NJ$363,054 Executive Director $13,700 $12,188 2023
American Theater Group NJ$362,732 Artistic Dir $60,000 $51,846 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NC 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 NC 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)18th
Reportable pay only (column D), adjusted21st
All sources (D + E + F), adjusted19th

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 (Lawrence Carlisle Iii) 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 149 similarly situated organizations (Same NTEE sector (A60), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $24,000 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.