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PeerBasis
Compensation Comparability Determination

Lakecities Ballet Theatre

Executive Director / CEO

EIN 752436470
TX · NTEE A63Z
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Kelly Lannin, Executive Director / CEO ($10,000) against every comparable organization that fit the selection criteria — 33 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 30th percentile of comparable organizationswithin the typical range

Benchmarked executive: Kelly Lannin — 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

33 organizations qualified on sector, size, and geography 33 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,505 total compensation of comparable organizations → $67,355 $10,000
$4,43910th
$6,04625th
$21,383Median
$35,38875th
$50,08390th
$10,000This org · 30th
p10$4,439
p25$6,046
p50$21,383
p75$35,388
p90$50,083
$10,000

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 TX 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
Port Angeles City Ballet WA$210,924 Vice President $4,450 $3,983 2024
Petipa Heritage Foundation CA$210,369 Executive Dir. $18,873 $16,773 2023
Rise Up School Of Dance UT$207,910 President $47,240 $49,761 2023
Paradosi Christian Ballet WA$214,799 Executive Director, President, And Registered Agent $31,800 $29,302 2023
Palmetto City Ballet SC$217,788 Artistic Director And Ceo $5,950 $6,046 2025
The Children's Ballet Inc IN$203,411 Artistic Director $24,865 $26,213 2024
Ballet Theatre San Luis Obispo CA$219,597 President & Treasurer $6,295 $5,434 2024
United Ballet Theatre Inc FL$220,444 Director And Founder $5,700 $5,511 2023
Vacaville Ballet Theatre Dance Company CA$199,738 President $4,900 $4,230 2024
Ballet And Beyond Nyc Inc NY$222,801 Director, President, Treasurer $6,600 $5,809 2025
Ekklesia Contemporary Ballet Inc CT$225,596 Artistic Director $37,754 $35,388 2024
Ozark Ballet Theater AR$228,282 Executive Director $32,973 $37,052 2024
Ventura County Ballet Company CA$239,678 Executive Dir. $4,167 $3,505 2025
Beaumont Civic Ballet TX$180,923 Executive Dir. $30,981 $30,981 2024
Festival Ballet Albuquerque NM$178,872 Director/cho $19,850 $21,343 2024
Indiana Ballet Theatre Nw Inc IN$173,520 Founding Artistic Director $14,100 $14,482 2025
Kansas School Of Classical Ballet Inc KS$252,283 Executive Director $24,000 $25,251 2025
International Rythmic Gymnastics-ext Mail WA$256,402 President $14,256 $12,760 2024
Ballet Theatre Of Lexington Inc KY$258,849 Director/employee $41,625 $43,554 2025
Danse Etoile Ballet Inc CO$158,053 Director $70,265 $67,355 2024
Safe Haven Ballet NH$264,008 Executive Director $19,500 $18,532 2023
Fadeyev Ballet Inc NY$265,067 President $57,000 $50,164 2025
Santa Clarita Ballet Company Inc CA$267,794 Artistic Director $51,500 $44,456 2024
Macomb Ballet Company MI$271,104 Artistic Dir $28,700 $29,614 2024
Metropolitan Ballet Theatre Inc GA$275,350 Artistic Director $35,184 $34,454 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TX 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 TX 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 default30th
Total compensation (D + F), as reported (no adjustments)30th
Reportable pay only (column D), adjusted30th
All sources (D + E + F), adjusted30th

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 (Kelly Lannin) 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 33 similarly situated organizations (Same NTEE sector (A63), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $10,000 is reasonable (approximately the 30th 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.