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PeerBasis
Compensation Comparability Determination

Ballet Theatre Of Lexington Inc

Executive Director / CEO

EIN 611329176
KY · NTEE A63
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Rafaela Risco, Executive Director / CEO ($41,625) against every comparable organization that fit the selection criteria — 45 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 71st percentile of comparable organizationswithin the typical range

Benchmarked executive: Rafaela Risco — reported title “Director/Employee”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

45 organizations qualified on sector, size, and geography 45 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,349 total compensation of comparable organizations → $72,721 $41,625
$5,22310th
$13,83425th
$24,133Median
$43,93775th
$56,72090th
$41,625This org · 71st
p10$5,223
p25$13,834
p50$24,133
p75$43,937
p90$56,720
$41,625

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 KY 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
International Rythmic Gymnastics-ext Mail WA$256,402 President $14,256 $12,194 2024
Safe Haven Ballet NH$264,008 Executive Director $19,500 $17,711 2023
Fadeyev Ballet Inc NY$265,067 President $57,000 $47,941 2025
Kansas School Of Classical Ballet Inc KS$252,283 Executive Director $24,000 $24,133 2025
Santa Clarita Ballet Company Inc CA$267,794 Artistic Director $51,500 $42,488 2024
Macomb Ballet Company MI$271,104 Artistic Dir $28,700 $28,302 2024
Metropolitan Ballet Theatre Inc GA$275,350 Artistic Director $35,184 $32,928 2025
Ventura County Ballet Company CA$239,678 Executive Dir. $4,167 $3,349 2025
Ballet Repertory Theatre Of New Mexico NM$288,188 Executive & Artist Director $53,333 $54,805 2024
Ozark Ballet Theater AR$228,282 Executive Director $32,973 $35,410 2024
Ballet Theatre Of Carmel Academy Ltd IN$291,185 Associate Artistic Directo $5,004 $5,041 2024
Ekklesia Contemporary Ballet Inc CT$225,596 Artistic Director $37,754 $33,820 2024
Cary Ballet Company NC$294,785 Artistic Director $16,000 $15,795 2024
Ballet And Beyond Nyc Inc NY$222,801 Director, President, Treasurer $6,600 $5,551 2025
United Ballet Theatre Inc FL$220,444 Director And Founder $5,700 $5,267 2023
Royal Expressions Contemporary Ballet NC$297,417 Founding Director $20,701 $20,436 2024
Ballet Theatre San Luis Obispo CA$219,597 President & Treasurer $6,295 $5,194 2024
Palmetto City Ballet SC$217,788 Artistic Director And Ceo $5,950 $5,778 2025
Paradosi Christian Ballet WA$214,799 Executive Director, President, And Registered Agent $31,800 $28,005 2023
Academy Of Ballet Arts Inc FL$303,715 President $29,925 $26,859 2024
On Stage Theatrical Productions Inc MA$306,386 Director $7,205 $6,026 2025
Port Angeles City Ballet WA$210,924 Vice President $4,450 $3,807 2024
Lakecities Ballet Theatre TX$210,773 Artistic Director $10,000 $9,557 2024
Petipa Heritage Foundation CA$210,369 Executive Dir. $18,873 $16,030 2023
Rise Up School Of Dance UT$207,910 President $47,240 $47,557 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to KY cost of living and 2025 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 KY 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 default71st
Total compensation (D + F), as reported (no adjustments)71st
Reportable pay only (column D), adjusted71st
All sources (D + E + F), adjusted71st

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 (Rafaela Risco) 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 45 similarly situated organizations (Same NTEE sector (A63), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $41,625 is reasonable (approximately the 71st 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.