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PeerBasis
Compensation Comparability Determination

Petipa Heritage Foundation

Executive Director / CEO

EIN 881992483
CA · NTEE A63
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Yelena Panchenko, Executive Director / CEO ($18,873) against every comparable organization that fit the selection criteria — 33 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 42nd percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

33 organizations qualified on sector, size, and geography 33 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,943 total compensation of comparable organizations → $75,787 $18,873
$4,99410th
$6,80225th
$24,060Median
$39,81875th
$56,35490th
$18,873This org · 42nd
p10$4,994
p25$6,802
p50$24,060
p75$39,818
p90$56,354
$18,873

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
Lakecities Ballet Theatre TX$210,773 Artistic Director $10,000 $11,252 2024
Port Angeles City Ballet WA$210,924 Vice President $4,450 $4,481 2024
Rise Up School Of Dance UT$207,910 President $47,240 $55,992 2023
Paradosi Christian Ballet WA$214,799 Executive Director, President, And Registered Agent $31,800 $32,971 2023
The Children's Ballet Inc IN$203,411 Artistic Director $24,865 $29,496 2024
Palmetto City Ballet SC$217,788 Artistic Director And Ceo $5,950 $6,802 2025
Ballet Theatre San Luis Obispo CA$219,597 President & Treasurer $6,295 $6,114 2024
United Ballet Theatre Inc FL$220,444 Director And Founder $5,700 $6,201 2023
Vacaville Ballet Theatre Dance Company CA$199,738 President $4,900 $4,759 2024
Ballet And Beyond Nyc Inc NY$222,801 Director, President, Treasurer $6,600 $6,535 2025
Ekklesia Contemporary Ballet Inc CT$225,596 Artistic Director $37,754 $39,818 2024
Ozark Ballet Theater AR$228,282 Executive Director $32,973 $41,691 2024
Ventura County Ballet Company CA$239,678 Executive Dir. $4,167 $3,943 2025
Beaumont Civic Ballet TX$180,923 Executive Dir. $30,981 $34,860 2024
Festival Ballet Albuquerque NM$178,872 Director/cho $19,850 $24,016 2024
Indiana Ballet Theatre Nw Inc IN$173,520 Founding Artistic Director $14,100 $16,294 2025
Kansas School Of Classical Ballet Inc KS$252,283 Executive Director $24,000 $28,414 2025
International Rythmic Gymnastics-ext Mail WA$256,402 President $14,256 $14,357 2024
Ballet Theatre Of Lexington Inc KY$258,849 Director/employee $41,625 $49,008 2025
Danse Etoile Ballet Inc CO$158,053 Director $70,265 $75,787 2024
Safe Haven Ballet NH$264,008 Executive Director $19,500 $20,852 2023
Fadeyev Ballet Inc NY$265,067 President $57,000 $56,444 2025
Santa Clarita Ballet Company Inc CA$267,794 Artistic Director $51,500 $50,022 2024
Macomb Ballet Company MI$271,104 Artistic Dir $28,700 $33,322 2024
Metropolitan Ballet Theatre Inc GA$275,350 Artistic Director $35,184 $38,768 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA 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 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 default42nd
Total compensation (D + F), as reported (no adjustments)42nd
Reportable pay only (column D), adjusted42nd
All sources (D + E + F), adjusted42nd

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 (Yelena Panchenko) 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 33 similarly situated organizations (Same NTEE sector (A63), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $18,873 is reasonable (approximately the 42nd 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.