Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Friends Of The M

Executive Director / CEO

EIN 822978503
MN · NTEE A11
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Dr Kate Beane, Executive Director / CEO ($12,670) 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 33rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Dr Kate Beane — reported title “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

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

Distribution of comparable compensation

$389 total compensation of comparable organizations → $85,896 $12,670
$3,89110th
$5,74825th
$18,027Median
$36,82675th
$67,48790th
$12,670This org · 33rd
p10$3,891
p25$5,748
p50$18,027
p75$36,826
p90$67,487
$12,670

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
Capitol City Lodge No 1147 Improved Benevevolent CA$135,068 President $4,584 $3,891 2024
Camp Aldersgate Foundation AR$136,118 Director $11,653 $12,876 2024
Friends Of The St Augustine Amphitheatre Inc FL$130,774 Director $2,000 $1,901 2023
San Antonio Art League TX$129,113 Committee Chair $6,000 $5,748 2025
Ihsaa Achieve Foundation IA$127,905 Executive Director $56,244 $60,536 2024
Cca North Corporation NH$126,000 Vice-president $11,414 $10,361 2024
Up2me Community Foundation Inc CA$152,827 Ceo $16,710 $14,184 2024
Barnes-deinzer Seneca County OH$153,034 Executive Di $20,474 $21,946 2023
Hastings Museum Foundation Inc NE$153,425 Executive Di $62,000 $67,487 2023
Barnsdall Arts CA$113,634 Executive Dir. $21,800 $18,027 2025
Trent House Association Inc NJ$111,226 Interim Executive Director $6,000 $5,421 2023
Waynesboro Community Theatre Project Inc PA$109,329 Director $29,879 $29,290 2024
Nashville Ballet Foundation TN$108,590 Artistic Director/ceo $4,054 $4,189 2024
Smh Support Corporation NY$104,003 Chairperson $77,265 $70,659 2023
Topeka Civic Theatre KS$170,265 Secretary/tr $14,777 $15,693 2024
The Children's Center For Science & OH$96,659 Executive Director - Non-voting $374 $389 2024
Harriton Association PA$175,634 Executive Di $60,868 $61,430 2023
Focus On Lyme Foundation AZ$179,863 President & Executive Dire $38,954 $36,826 2024
White Pool House Friends TX$188,105 Exec. At Large $22,586 $22,209 2024
Asian And Pacific Islander Americans WA$195,999 Executive Dir. $97,600 $85,896 2024
Oklahoma City Art Museum Affiliated OK$198,654 Secretary $25,864 $28,822 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 2023 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 default33rd
Total compensation (D + F), as reported (no adjustments)38th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted81st

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 (Dr Kate Beane) 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 (A11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $12,670 is reasonable (approximately the 33rd 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.