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PeerBasis
Compensation Comparability Determination

Chamber Music Raleigh Inc

Executive Director / CEO

EIN 566062669
NC · NTEE A68Z
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Kaine Riggan, Executive Director / CEO ($36,000) against every comparable organization that fit the selection criteria — 180 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 39th percentile of comparable organizationswithin the typical range

Benchmarked executive: Kaine Riggan — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

180 organizations qualified on sector, size, and geography 180 within the band form the benchmarked peer set.

Distribution of comparable compensation

$110 total compensation of comparable organizations → $145,423 $36,000
$12,33110th
$25,26725th
$42,576Median
$60,82575th
$82,10690th
$36,000This org · 39th
p10$12,331
p25$25,267
p50$42,576
p75$60,825
p90$82,106
$36,000

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
American Traditions Vocal GA$293,192 Executive Di $67,492 $63,984 2025
Dal Niente New Music Nfp IL$292,067 Executive Director $49,996 $47,570 2024
Los Angeles Youth Symphony Orchestra CA$293,994 President And Program Director $102,000 $87,760 2023
Thingny NY$294,182 Podcast Director $70,000 $59,640 2025
Moravian Music Foundation NC$290,125 Executive Di $80,698 $80,698 2024
The Music Education Group Inc GA$289,733 Executive Director $48,000 $46,709 2024
Boulder Chorale CO$289,212 Artistic Director, Adult Choirs $28,807 $26,733 2024
Bravo Waukegan IL$296,493 Executive Director (Terminated) $6,058 $5,764 2024
Prism Quartet Incorporated NY$288,772 Executive Director $113,258 $99,048 2024
Utah Chamber Artists UT$297,112 Executive Direc $31,500 $32,123 2023
Twin Cities Catalyst Music Inc MN$298,787 Executive Director $45,866 $45,157 2023
Bay Youth Orchestras Of Virginia VA$286,120 Executive Di $40,696 $37,048 2025
Close Encounters With Music NY$284,653 Artistic Director $100,000 $87,454 2024
The Big House Foundation Inc GA$284,594 Executive Di $99,832 $100,017 2023
City Strings United Inc MA$301,126 President $72,220 $64,664 2023
Sweetwater Music Hall Inc CA$282,170 Executive Dir. $68,454 $58,897 2023
Tacoma Youth Chorus WA$281,483 Managing Director $53,700 $47,904 2023
Backcountry Concerts Inc CT$304,276 Artistic Direct $54,000 $50,448 2023
Sarasota Music Conservatory Inc FL$305,622 Director (Appt. 2/24) $600 $546 2024
Southwood Band Booster Club LA$305,948 Director $5,310 $5,659 2024
Omaha Girls Rock Inc NE$279,075 Executive Director $33,205 $34,564 2024
Cormont Music NH$279,064 Executive Dir. $14,600 $13,047 2024
Colajazz Foundation SC$306,593 Director $45,000 $46,776 2023
Baltimore Classical Guitar Society Inc MD$307,151 President $70,000 $61,704 2025
Bach Society Of Minnesota MN$277,880 Executive Director $52,800 $50,493 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 default39th
Total compensation (D + F), as reported (no adjustments)36th
Reportable pay only (column D), adjusted42nd
All sources (D + E + F), adjusted39th

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 (Kaine Riggan) 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 180 similarly situated organizations (Same NTEE sector (A68), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $36,000 is reasonable (approximately the 39th 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.