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PeerBasis
Compensation Comparability Determination

Simonds Music And Technology Founda

Executive Director / CEO

EIN 770572986
CA · NTEE B112
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Kristin O'leary, Executive Director / CEO ($10,375) against every comparable organization that fit the selection criteria — 20 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 5th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Kristin O'leary — reported title “TREASURER”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

20 organizations qualified on sector, size, and geography 20 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,427 total compensation of comparable organizations → $220,863 $10,375
$29,06310th
$45,03825th
$58,496Median
$103,60675th
$129,52490th
$10,375This org · 5th
p10$29,063
p25$45,038
p50$58,496
p75$103,606
p90$129,524
$10,375

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 CA 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
Ever Scouts Education Foundation DE$5,539 Executive Di $50,000 $59,916 2023
Ib Fund Us Inc DC$5,800 Board Member $24,400 $26,204 2023
Frankie Casseb Youth Literacy Club TX$5,235 Director $24,000 $29,381 2023
Blue Line Foundation TX$6,000 Officer $48,000 $57,076 2024
String Theory Corporation PA$6,220 Ceo $44,482 $54,288 2023
Whitworth Foundation WA$6,377 University President $43,858 $46,676 2024
The Corporation For Penn State PA$6,380 President $56,351 $66,800 2024
Graduate Center Foundation Housing NY$6,406 Secretary $50,703 $56,072 2023
The Webb Schools Real Estate Fund CA$4,514 Trustee $201,754 $213,209 2023
Little Lambs Children's Center OH$4,408 Administrator $84,000 $103,033 2025
Regional Division Inc WI$4,336 President/ceo $172,803 $220,863 2023
Iiaa Educational Foundation VA$4,179 Ceo $58,522 $67,169 2024
Sage Future Inc DE$3,975 Acting Director $87,895 $105,326 2023
Midtown Youth Academy DC$3,937 President/executive Direct $43,900 $45,794 2024
Academy Global Learning TX$3,869 Trustee $1,200 $1,427 2024
Kipp Metro Atlanta Opportunity Fund Inc GA$3,860 Ceo $33,706 $41,477 2023
Knowledge Standards Foundation OH$3,775 President $86,283 $111,842 2023
South Carolina Cattlemens Foundation Inc SC$7,859 Exec Director $33,500 $42,771 2023
International Cultural Exchange Inc AR$8,000 Chairman Of The Board $89,977 $120,226 2024
Pitzer College Costa Rica CA$8,145 President $88,447 $90,787 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA 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 CA 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 default5th
Total compensation (D + F), as reported (no adjustments)5th
Reportable pay only (column D), adjusted70th
All sources (D + E + F), adjusted5th

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 (Kristin O'leary) 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 20 similarly situated organizations (Same NTEE major group (B), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $10,375 is reasonable (approximately the 5th 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.