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PeerBasis
Compensation Comparability Determination

International Royal Order Of Jesters Inc

Executive Director / CEO

EIN 571177943
IN · NTEE A50
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Ed Wolfe, Executive Director / CEO ($11,040) against every comparable organization that fit the selection criteria — 40 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 18th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

40 organizations qualified on sector, size, and geography 40 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,935 total compensation of comparable organizations → $68,429 $11,040
$3,74410th
$16,60325th
$30,119Median
$40,62675th
$53,94590th
$11,040This org · 18th
p10$3,744
p25$16,603
p50$30,119
p75$40,626
p90$53,945
$11,040

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 IN 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
Susan B Anthony Birthplace Museum Inc MA$124,399 Executive Director $70,000 $59,649 2024
Magnes Museum Foundation CA$126,193 Director, Secretary $20,421 $16,721 2024
Bluegrass Heritage Museum Inc KY$121,829 Executive-di $38,016 $38,730 2024
Museum Of Broadcast Communications IL$127,961 Chairman/treasurer/ceo $36,539 $34,064 2024
The Sam Houston Masonic Library And Museum Association TX$121,623 Treasurer $3,000 $2,773 2025
The Living Bible Museum Inc OH$128,599 Trustee $12,020 $12,072 2024
Mennonite Heritage & Agrcltr Museum KS$120,970 Museum Director/curator $18,915 $19,950 2023
Florida Association Of Museums FL$120,156 Executive Director $55,650 $51,039 2023
Water Mill Museum NY$119,739 Director/mgr $39,179 $33,572 2024
Aviation Hall Of Fame And Museum Of New Jersey NJ$116,623 Executive Director $40,700 $34,459 2024
Ct Vivian Foundation Inc GA$143,562 Executive Di $42,000 $39,013 2025
Nebraska Firefighters Foundation NE$104,208 Executive Director $31,800 $32,433 2024
Akin Hall Association NY$103,447 Curator $23,400 $20,643 2023
African American Heritage Society TN$149,506 Executive Dir. $27,440 $28,159 2023
Stuart Heritage Inc FL$96,465 Recording Se $6,336 $5,811 2023
Mauch Chunk Museum & Cultural PA$153,792 Secretary/tr $17,181 $16,247 2024
Silver Reef Foundation Inc UT$157,200 Director $20,350 $19,750 2024
Pa Museums PA$159,147 Executive Director, Ex Officio $49,500 $48,192 2023
Koshare Indian Museum Inc CO$89,322 Manger $50,000 $45,464 2024
Moclips By The Sea Historical Society WA$88,622 Director/curator $4,500 $3,820 2024
Western Maine Play Museum ME$88,376 Executive Di $22,077 $20,963 2024
The New Bedford Museum Of Glass Inc MA$161,979 President $27,622 $25,226 2022
Jenney House Museum Inc MA$162,953 President $78,000 $68,429 2023
El Paso Holocaust Museum Foundation TX$86,514 Museum Exec Dir $2,227 $2,175 2023
The Museum Of Carousel Art & History OH$163,984 Executive Director $52,100 $53,873 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IN 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 IN 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 default18th
Total compensation (D + F), as reported (no adjustments)18th
Reportable pay only (column D), adjusted23rd
All sources (D + E + F), adjusted13th

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 (Ed Wolfe) 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 40 similarly situated organizations (Same NTEE sector (A50), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $11,040 is reasonable (approximately the 18th 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.