Structural Deficit
Structural Deficit
Structural Deficit Market Archetype Mechanical Natural
Tier
Priority Review
Trajectory Thumbprint

Structural Deficit

What does this mean?

Persistently low financial health over 5 years despite strong programmatic output. They are borrowing from their future (or bleeding an endowment) to pay for today's programs.

The Path Forward

The Truth-Teller

Forces necessary, painful cuts to preserve the core. It demands that the organization stop borrowing from its future and align its current programmatic output with actual sustainable revenue.

The Truth-Teller
The Truth-Teller
Institutional Health Scores
5-yr trend: Structural Deficit
Overall
31
Score
Governance
50
Score
Financial
0
Score
Program
60
Score

Institutional Epochs

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Financial Era
Governance Era
Trajectory Era
Structural Deficit

Historical Performance

Year Revenue Top Comp Comp % Rev Score Phase Label Outlook Details
2024 Hidden Hidden Unknown
2023 12.2% 31 Critical Intervention Needed Recovery
2022 15.4% 37 Fragile Recovery
2021 7.3% 36 Financially Distressed Recovery
2020 18.2% 37 Fragile Gov Risk
2019 9.3% 42 Fragile Recovery
2018 5.7% 38 Financially Distressed Decline Risk
2017 3.8% 49 Fragile Recovery
2016 5.6% 38 Financially Distressed Decline Risk
2015 4.6% 49 Fragile Decline Risk
2014 4.0% 51 Fragile Recovery
2013 5.6% 44 Fragile Stable Watch
2012 5.2% 44 Fragile Stable Watch
2011 5.5% 44 Fragile Stable Watch

Officer compensation history

Tax year 2025

Name Title Phone Email Compensation
FRANCISCO J NUNEZ Board President 5.1% of Rev
NANCY BLOOM EX-OFFICIO 2.5% of Rev
ELIZABETH NUNEZ Artistic Director 2.5% of Rev
BRUCE APPEL Treasurer 2.1% of Rev
JB HARRISON Board Member
ADAM D CHINN Board Member
ROBERT NEIS Board Member
VIKRAM ATAL Board Member
HIROKO ONOYAMA Board Member
MICHAEL FRACCARO Board Member
DEBORAH MCMANUS Board Member
PHILIP H LOVETT Board President
JEREMY WLADIS Board Member
ADAM ZIRKIN Board Member
FRANCIS J HARVEY JR Board Member
MARTIN KEHOE Board Member
DUSTY PHILIP Board Member
MARC SUSKIN Board Member
KLAUS METZ Board Member
NATOYA BROWN Board Member
EVAN TROST Board Member
ANEESA FOLDS Board Member
JANE MOSS Treasurer
JODY STEINGLASS Board Member
BRAD BLACKMON Board Member
LUCRECIA BORGONOVO Board Member
ROYCE CHEN Board Member
CAROLINA ESQUENAZI-SHAIO Board Member
LINDSAY FORBES Board Member
COSMO ROE Board Member
LISA TEPPER Board Member

Tax year 2023

Name Title Phone Email Compensation
FRANCISCO J NUNEZ Board President 5.2% of Rev
LEONIE KRUIZENGA CHIEF ADVANCEMENT OFFICER 3.2% of Rev
ELIZABETH NUNEZ Artistic Director 2.5% of Rev
NANCY BLOOM EX-OFFICIO 2.5% of Rev
BRUCE APPEL Treasurer 2.1% of Rev
JB HARRISON Board Member
ADAM D CHINN CHAIRMAN
ROBERT NEIS Board Member
VIKRAM ATAL Treasurer
HIROKO ONOYAMA Board Member
MICHAEL FRACCARO Board Member
DEBORAH MCMANUS Board President
PHILIP H LOVETT VICE-CHAIRMAN
JEREMY WLADIS Board Member
ADAM ZIRKIN Board Member
FRANCIS J HARVEY JR Secretary
MARTIN KEHOE Board Member
DUSTY PHILIP Board Member
MARC SUSKIN Board Member
KLAUS METZ Board Member
NATOYA BROWN Board Member
EVAN TROST Board Member
ANEESA FOLDS Board Member
JANE MOSS Board Member
JODY STEINGLASS Board Member
BRAD BLACKMON Board Member
LUCRECIA BORGONOVO Board Member
ROYCE CHEN Board Member
CAROLINA ESQUENAZI-SHAIO Board Member
LINDSAY FORBES Board Member
COSMO ROE Board Member
LISA TEPPER Board Member

Tax year 2021

Name Title Phone Email Compensation
FRANCISCO J NUNEZ Board President 5.4% of Rev
AMY C LECLAIR KEY EMPLOYEE 2.6% of Rev
ELIZABETH NUNEZ Artistic Director 2.5% of Rev
COURTNEY A CASEY COO 2.4% of Rev
NANCY Z BLOOM EX-OFFICIO 2.3% of Rev
BRUCE ROSENBLATT Board Member
JB HARRISON Board Member
ADAM D CHINN CHAIRMAN
ROBERT NEIS Board Member
VIKRAM ATAL Treasurer
HIROKO ONOYAMA Board Member
MICHAEL FRACCARO Board Member
DEBORAH MCMANUS Board President
PHILIP H LOVETT VICE-CHAIRMAN
JEREMY WLADIS Board Member
ADAM ZIRKIN Board Member
FRANCIS J HARVEY JR Secretary
MARTIN KEHOE Board Member
DUSTY PHILIP Board Member
MARC SUSKIN Board Member
LAURA SCHWAB Board Member
LISA TEPPER Board Member
DUNIA RKEIN ALUMNI REPRESENTATIVE
ALI DIBADJ Board Member
KLAUS METZ Board Member
A JERRY KREMER CHAIRMAN EMERITUS
NATOYA BROWN Board Member
EVAN TROST Board Member
Officer contact details, exact compensation figures, and active litigation are available to verified members.
Request access
Score breakdown

Score breakdown

Financial resilience
0 / 100
weight 40%
Governance risk
50 / 100
weight 40%
Program scale
60 / 100
weight 20%
Overall
31 / 100
Priority Review

The three components combine into a single 0–100 score weighted as shown. Full methodology →

Peer comparison

Compared to 699 other orgs in NY with NTEE prefix A6.

Most-divergent component: financial score sits 31 points below the peer median (0 vs. 31).

5-year trend: Structural Deficit

Persistently low financial health over 5 years despite strong programmatic output. They are borrowing from their future (or bleeding an endowment) to pay for today's programs.

What's driving this score

What would change this score

The two changes that would most improve this score:

  1. Build cash reserves to at least 3 months of operating expenses — moves financial resilience score meaningfully (~10 points).

Improving governance is a board decision. These are the levers.