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PeerBasis
Compensation Comparability Determination

Myrtle Indemnity Inc

Executive Director / CEO

EIN 923621853
CT · NTEE A19
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of William Green, Executive Director / CEO ($50,814) against the 2000 closest of 3,054 comparable organizations — 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: William Green — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

3,054 organizations qualified on sector, size, and geography 2,000 within the band form the benchmarked peer set (closest by budget).

Distribution of comparable compensation

$1 total compensation of comparable organizations → $301,735 $50,814
$16,05510th
$35,39125th
$56,458Median
$76,07275th
$94,94490th
$50,814This org · 42nd
p10$16,055
p25$35,391
p50$56,458
p75$76,072
p90$94,944
$50,814

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 CT 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
Open Eye Theatre MN$388,300 Executive Dir. $79,040 $80,907 2024
Michelson Museum Of Art TX$388,017 Executive Dir. $53,900 $55,855 2024
Bihl Haus Arts Inc TX$388,480 Executive Dir. $91,088 $97,179 2023
Peoples Dispatch Ltd NY$388,535 Treasurer $69,527 $65,084 2024
Kulture Klub Collaborative MN$388,636 Executive Director $20,572 $21,058 2024
The Gilbert Theater Inc NC$388,639 Artistic Director $24,000 $25,689 2024
Sonoma Arts Live CA$387,782 President $3,325 $2,975 2024
Livingston Depot Foundation Inc MT$387,692 Executive Di $60,000 $67,001 2024
South Jersey Cultural Alliance NJ$388,800 Executive Dir. $85,971 $79,518 2024
Columbia Music Festival Association SC$388,941 Exec Director $81,250 $87,810 2024
Cyrano's Theatre Company AK$387,508 Producing Artistic Director $48,000 $47,540 2024
Model T Ford Club Of America IN$387,385 Executive Director $62,800 $68,606 2024
Riverside Arts Council CA$389,080 Secretary/exedi $100,000 $87,148 2025
No Surf House OH$389,127 President $22,000 $24,139 2024
Documentary Arts Inc TX$387,152 Pres/treasurer $100,000 $103,626 2024
Sonoma Conservatory Of Dance CA$387,135 President $114,194 $102,151 2024
Theatrezone Inc MA$389,362 Treas/clerk $88,451 $82,340 2024
Glen Arbor Arts Center MI$389,371 Executive Director $71,434 $76,382 2024
Ephraim Historical Foundation Inc WI$387,051 Executive Director $61,208 $66,221 2024
Moving Image Preservation Of Puget Sound WA$386,933 Executive Director $26,763 $24,822 2024
American Choral Directors Association Of MN$386,926 Executive Director $98,504 $98,233 2025
Ted Brown Music Outreach WA$389,619 Executive Director $36,723 $34,060 2024
Gammelgarden Museum Of Scandia MN$386,836 Director $56,806 $58,148 2024
The Kindling Group IL$386,818 Executive Director $88,200 $92,481 2023
Navi Journey Corp NJ$389,669 Author $125,000 $119,031 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CT 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 CT 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)43rd
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted100th

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 (William Green) 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 2000 similarly situated organizations (Same NTEE major group (A), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $50,814 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.