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PeerBasis
Compensation Comparability Determination

Invictus Theatre

Executive Director / CEO

EIN 815144072
IL · NTEE A65
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Charles Askenaizer, Executive Director / CEO ($22,028) against every comparable organization that fit the selection criteria — 21 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 19th percentile of comparable organizationsbelow the typical range for comparable organizations

How comparable organizations were selected

21 organizations qualified on sector, size, and geography 21 within the band form the benchmarked peer set.

Distribution of comparable compensation

$6,587 total compensation of comparable organizations → $110,931 $22,028
$14,80510th
$24,83025th
$43,531Median
$61,20075th
$77,21590th
$22,028This org · 19th
p10$14,805
p25$24,830
p50$43,531
p75$61,200
p90$77,215
$22,028

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 IL cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateTotal revenueTotal compSource
Water People Theater Group NfpIL $279,163$61,200 990
The Gift Theatre CompanyIL $280,448$41,346 990
Chicago DramatistsIL $291,266$34,042 990
Artists' Ensemble Theater IncIL $303,429$24,830 990
Schaumburg On StageIL $253,256$6,587 990
Hell In A Handbag ProductionsIL $250,289$43,531 990
Brightside Theatre IncIL $249,762$17,476 990
Piven Theatre WorkshopIL $308,032$58,259 990
Eta Creative Arts FoundationIL $249,064$77,215 990
City Lit Theatre CompanyIL $244,530$22,308 990
Kokandy ProductionsIL $317,321$9,800 990
Chicago Latino Theater AllianceIL $335,630$110,931 990
Redtwist TheatreIL $342,425$14,805 990
Filament Theatre Ensemble NfpIL $347,996$48,260 990
Alton Little Theater IncorporatedIL $194,676$36,050 990
Project Danztheatre CompanyIL $377,104$64,988 990
Victory Gardens TheaterIL $380,792$103,641 990
Chicago Tap Theatre NfpIL $391,090$37,000 990
Childrens Theatre Of Elgin & Fox Valley Theatre CompanyIL $392,287$53,815 990
Rivendell Theatre EnsembleIL $398,180$50,576 990
Lukaba ProductionsIL $402,338$75,000 990

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 IL 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 default19th
Total compensation (D + F), as reported (no adjustments)19th
Reportable pay only (column D), adjusted19th
All sources (D + E + F), adjusted19th

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 (Charles Askenaizer) 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 21 similarly situated organizations (Same NTEE sector (A65) + IL + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $22,028 is reasonable (approximately the 19th 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). 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.