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PeerBasis
Compensation Comparability Determination

Next Edge Arts Inc

Executive Director / CEO

EIN 843535421
NY · NTEE A20
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Peter Askim, Executive Director / CEO ($10,250) against every comparable organization that fit the selection criteria — 43 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 12th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Peter Askim — reported title “ARTISTIC DIR”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

43 organizations qualified on sector, size, and geography 43 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,457 total compensation of comparable organizations → $152,824 $10,250
$9,90710th
$21,84425th
$43,709Median
$65,50275th
$75,20990th
$10,250This org · 12th
p10$9,907
p25$21,844
p50$43,709
p75$65,502
p90$75,209
$10,250

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 NY 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
Discovery Trail Inc NY$280,393 Executive Director $70,510 $66,722 2025
A Blade Of Grass Fund NY$268,734 Interim Executive Director $111,932 $111,932 2023
Western Ny Book Arts Collaborative Inc NY$289,491 Executive Dir. $53,000 $53,000 2023
Arts Center At Duck Creek Inc NY$260,193 President $94,880 $92,158 2024
Funoon NY$295,886 Executive Director $75,556 $75,556 2023
Buffalo Institute For Contemporary Art NY$301,221 Part Time Executive Director $12,000 $12,000 2023
Fire Island Artist Residency Incorporated NY$252,169 Executive Director $48,500 $47,109 2024
Kindred Arts Inc NY$305,052 Executive Director $11,750 $11,750 2023
Arts For All Inc NY$248,714 Executive Director $26,250 $26,250 2023
The Sunshine Center Inc NY$246,329 Ceo/secretar $42,750 $41,524 2024
Canvas Institute NY$244,903 Executive Director $45,000 $45,000 2023
Kaje Inc NY$243,425 Founding Member And Executive Director $66,437 $64,531 2024
The American Meditation Institute NY$242,823 President $50,000 $48,566 2024
Siren-protectors Of The Rainforest NY$240,987 Executive Director $9,446 $9,446 2023
Dorill Initiative Inc NY$314,146 Executive Director $9,149 $9,149 2023
Ma's House & Bipoc Art Studio Inc NY$317,270 President $26,125 $25,375 2024
Ekmeles Inc NY$233,616 President $31,675 $31,675 2023
Raga Massive Inc NY$323,178 Executive Director $17,550 $17,550 2023
Arte Institute Inc NY$229,498 President/treasurer $60,000 $58,279 2024
Mivos Quartet Performing Arts Inc NY$227,496 Key Employee $24,938 $24,938 2023
Jack Arts Inc NY$329,150 Co-director $68,896 $68,896 2023
Helping Our People Evolve Incorporated NY$220,341 Executive Director $19,198 $18,647 2024
Origami Usa Inc NY$337,288 President $30,000 $29,139 2024
The Association For Cultural Equity Inc NY$337,589 Executive Director $68,436 $66,473 2024
Astoria Film Festival Inc NY$214,985 Founding Director $45,000 $43,709 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NY 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 NY 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 default12th
Total compensation (D + F), as reported (no adjustments)12th
Reportable pay only (column D), adjusted12th
All sources (D + E + F), adjusted12th

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 (Peter Askim) 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 43 similarly situated organizations (Same NTEE sector (A20) + NY + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $10,250 is reasonable (approximately the 12th 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.