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PeerBasis
Compensation Comparability Determination

Fremont Center For The Arts

Executive Director / CEO

EIN 840729947
CO · NTEE A200
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Bobby Farris, Executive Director / CEO ($13,884) against every comparable organization that fit the selection criteria — 139 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

Benchmarked executive: Bobby Farris — reported title “Executive Director”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

139 organizations qualified on sector, size, and geography 139 within the band form the benchmarked peer set.

Distribution of comparable compensation

$942 total compensation of comparable organizations → $290,261 $13,884
$6,22910th
$20,73825th
$35,238Median
$59,22775th
$71,97990th
$13,884This org · 19th
p10$6,229
p25$20,738
p50$35,238
p75$59,227
p90$71,979
$13,884

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 CO 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
Oklahoma Mural Syndicate OK$158,724 President $3,998 $4,591 2023
Waterloo Arts OH$161,096 Executive Di $43,333 $46,492 2024
Tyler Park Center For The Arts Inc PA$157,663 Executive Director $15,000 $15,153 2024
Lewistown Art Center MT$157,562 Executive Di $31,346 $35,238 2023
Frank Theatre MN$156,939 Secretary $60,000 $60,056 2024
National Storytelling Membership Association Inc MO$163,293 Operations $11,598 $12,443 2024
West Nebraska Arts Center NE$155,385 Executive Di $43,358 $47,238 2024
Lightbox Film Center PA$153,749 Board Director $21,000 $21,214 2024
Artseed CA$165,991 Exec Dir/secty $39,874 $34,878 2024
Viva Voices Choral Organization Inc KY$166,955 President $49,250 $52,217 2025
City College Center For NY$167,400 Managing Director $71,969 $65,876 2024
Classic Planning Instit ME$167,461 Social Media $9,515 $9,651 2024
Center For Arts & Learning Inc VT$168,343 Executive Director $28,411 $29,823 2023
Ne Sculpture Gallery Factory MN$168,662 Secretary $59,833 $59,888 2024
Appalachian Arts Craft Center Inc TN$168,701 Executive Director $48,115 $51,232 2024
Walking Shadow Theatre Company MN$169,065 Executive Director $6,500 $6,339 2025
Fundacion Nacional Para La Cultura Popular PR$169,885 Administratror $9,000 $8,742 2024
Bruce Lee Foundation Inc CA$149,396 Executive Director $100,248 $90,277 2023
District One Community Education PA$148,914 Executive Di $35,000 $34,445 2025
88 International Corp NY$171,603 President $23,650 $21,647 2024
Granary Art Center UT$146,593 Executive Director $60,000 $60,601 2025
Snap Cultural Events Inc FL$173,240 President $33,660 $32,977 2023
Zgd Inc NY$173,301 Director $1,000 $942 2023
Island Community House Inc VA$144,658 Executive Director $65,960 $66,419 2023
Theater Resources Unlimited Inc NY$144,204 Executive Direc, President $24,150 $22,758 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CO 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 CO 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), adjusted21st
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 (Bobby Farris) 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 139 similarly situated organizations (Same NTEE sector (A20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $13,884 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). 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.