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PeerBasis
Compensation Comparability Determination

The Gunflint Trail Historical

Executive Director / CEO

EIN 760804036
MN · NTEE A54
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Mark Hennessy, Executive Director / CEO ($30,616) against every comparable organization that fit the selection criteria — 103 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 17th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Mark Hennessy — reported title “EXECUTIVE DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

103 organizations qualified on sector, size, and geography 103 within the band form the benchmarked peer set.

Distribution of comparable compensation

$100 total compensation of comparable organizations → $180,775 $30,616
$21,07010th
$41,55825th
$52,433Median
$70,49675th
$80,26090th
$30,616This org · 17th
p10$21,070
p25$41,558
p50$52,433
p75$70,496
p90$80,260
$30,616

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 MN 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
Grand Traverse Lighthouse Museum MI$314,482 Executive Director $75,772 $79,150 2024
The Lawson Boating Heritage Center On Chautauqua Lake NY$314,302 Trustee $4,150 $3,795 2024
California Heritage Museum CA$314,102 Executive Director $42,959 $38,650 2023
Heritage Museum Foundation At Grissom Air Reserve Base IN$318,389 Executive Director $68,500 $73,106 2024
Ninepipes Museum Of Early Montana MT$311,614 Exective Director $29,974 $33,664 2023
Fairfield County Heritage OH$311,054 Executive Di $54,990 $58,944 2024
The Rice Museum SC$310,577 Executive Director $17,248 $17,741 2025
Diplomacy Center Foundation DC$323,376 President $157,500 $139,874 2024
Delmarva Discovery Center & Museum Inc MD$323,477 Coo $55,000 $52,038 2024
Roebling Main Gate Museum NJ$306,378 Executive Director $75,855 $70,566 2023
Houston Aeronautical Heritage TX$324,772 Director $18,438 $18,666 2024
Matheson History Museum FL$325,091 Executive Director $46,872 $44,562 2024
New Castle Senior Center Inc DE$325,580 Executive Director $90,716 $87,577 2025
Museum Village Of Old Smith's Clove Inc NY$327,502 Executive Director $28,434 $26,771 2023
Smithfield Preston Foundation VA$302,252 Executive Dir. $81,912 $80,041 2024
Christiansburg Institute Inc VA$328,051 Executive Director $75,151 $73,435 2024
Conrad Mansion Directors Inc MT$328,213 Museum Director $51,900 $58,291 2023
Franklin Opera House Inc NH$301,823 Executive Director $29,120 $26,510 2025
Old Mill Foundation CA$301,525 Executive Dir. $60,000 $52,433 2024
Loudoun Heritage Farm Museum VA$329,260 Executive Di $53,049 $51,837 2024
The Waterfront Museum NY$300,796 President $89,524 $81,870 2024
Bisbee Council On The Arts And Humanities AZ$299,682 Museum Director $70,167 $70,311 2023
The Phelps Mansion Museum NY$298,199 Executive Director $53,480 $47,646 2025
Nassau County Firefighters Museum And NY$297,237 Executive Director $80,000 $73,160 2024
The American Bookbinders Museum CA$297,007 Executive Di $116,906 $105,181 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN 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 MN 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 default17th
Total compensation (D + F), as reported (no adjustments)19th
Reportable pay only (column D), adjusted18th
All sources (D + E + F), adjusted17th

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 (Mark Hennessy) 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 103 similarly situated organizations (Same NTEE sector (A54), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $30,616 is reasonable (approximately the 17th 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.