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PeerBasis
Compensation Comparability Determination

Mag Foundation

Executive Director / CEO

EIN 882975129
CA · NTEE A25
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joseph Austin, Executive Director / CEO ($63,448) against every comparable organization that fit the selection criteria — 15 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 87th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

15 organizations qualified on sector, size, and geography 15 within the band form the benchmarked peer set.

Distribution of comparable compensation

$813 total compensation of comparable organizations → $74,642 $63,448
$1,79210th
$3,87125th
$13,732Median
$27,80375th
$58,80290th
$63,448This org · 87th
p10$1,792
p25$3,871
p50$13,732
p75$27,803
p90$58,802
$63,448

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
Fermata Arts Foundation Inc CT$66,300 President $3,248 $3,527 2023
The National Foundation For Musical MN$65,780 President $12,000 $13,732 2023
Queens World Film Initiative Inc NY$69,060 Co-founder & Artistic Director $2,880 $2,852 2025
Culture Encounters VA$64,009 Founderexecutive Director $1,000 $1,086 2024
Canto Vocal Programs A New York Nonprofit Corporation NY$70,305 Ceo $800 $813 2024
Memphis Cultural Arts Enrichment TN$75,000 President $60,000 $70,943 2024
Art Sphere Inc PA$80,355 Executive Director And Fou $64,632 $74,642 2023
Kaleidoscope School Of Fine Art Inc IL$80,819 Executive Director $6,135 $6,985 2023
Arts With Others CA$51,507 President $30,000 $30,000 2023
Jazz Outreach Initiative NV$84,314 Directo Of Programming $36,000 $40,591 2024
Livingston Center For Arts & MT$84,998 Executive Di $20,511 $25,605 2023
Paper Circle OH$89,941 Executive Dir $19,215 $23,569 2023
You Can Live History Inc CO$90,775 President $18,500 $19,954 2024
Unscripted TN$93,402 Executive Director $8,550 $10,110 2024
Highlands Art League Inc FL$95,039 Treasurer $3,720 $4,214 2022

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 default87th
Total compensation (D + F), as reported (no adjustments)93rd
Reportable pay only (column D), adjusted93rd
All sources (D + E + F), adjusted87th

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 (Joseph Austin) 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 15 similarly situated organizations (Same NTEE sector (A25), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $63,448 is reasonable (approximately the 87th 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.