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.
Institutional Epochs
Historical Performance
| Year | Revenue | Top Comp | Comp % Rev | Score | Phase Label | Outlook | Details |
|---|---|---|---|---|---|---|---|
| 2024 | Hidden | Hidden | — | — | Unknown | — | |
| 2023 | — | — | 9.6% | 40 | Financially Distressed | Decline Risk | |
| 2022 | — | — | 10.6% | 40 | Financially Distressed | Decline Risk | |
| 2021 | — | — | 16.7% | 34 | Critical Intervention Needed | Decline Risk | |
| 2020 | — | — | 7.6% | 34 | Critical Intervention Needed | Stable Watch | |
| 2019 | — | — | 7.4% | 34 | Critical Intervention Needed | Stable Watch | |
| 2018 | — | — | 5.3% | 34 | Critical Intervention Needed | Stable Watch | |
| 2017 | — | — | 5.0% | 34 | Critical Intervention Needed | Recovery | |
| 2016 | — | — | 7.8% | 32 | Critical Intervention Needed | Decline Risk | |
| 2015 | — | — | 7.6% | 32 | Critical Intervention Needed | Decline Risk | |
| 2014 | — | — | 4.8% | 38 | Financially Distressed | Recovery | |
| 2013 | — | — | 6.8% | 29 | Critical Intervention Needed | Decline Risk | |
| 2012 | — | — | 6.5% | 34 | Critical Intervention Needed | Decline Risk | |
| 2011 | — | — | 2.9% | 41 | Fragile | Stable Watch |
Officer compensation history
Tax year 2025
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Diana Fortuna | Treasurer | 12.8% of Rev | ||
| Vanessa Kubach | Board Member | 9.4% of Rev | ||
| Stuart Holt | Board Member | 7.4% of Rev | ||
| F Paul Driscoll | Editor In Chief To 3/31/24 | 6.5% of Rev | ||
| Elizabeth Diggans | Board Member | 4.0% of Rev | ||
| Trent Johnson | Board Member | 3.8% of Rev | ||
| Kisha Walton-St Vil | Controller To 3/31/24 | 3.4% of Rev | ||
| TOD JOHNSON | Board President | — | ||
| WINTHROP RUTHERFORD JR | Chairman Of The Board To 10/1/23 | — | ||
| Alice N Hunt | Board Member | — | ||
| Betsy Shack Barbanell | Board Member | — | ||
| Catia Z Chapin | Board Member | — | ||
| Christian Alfonsi | Board Member | — | ||
| Christine Stonbely | Board Member | — | ||
| Elaine Hochberg | Board Member | — | ||
| Ellen F Marcus | Board Member | — | ||
| G William Haas | Board Member | — | ||
| George M Cozonis | Board Member | — | ||
| Hon John G Koeltl | Board Member | — | ||
| John Hargraves | Board Member | — | ||
| John M Dowd | Board Member | — | ||
| Marc Chazaud | Board Member | — | ||
| Merri C Moken | Board Member | — | ||
| Nicholas L D Firth | Board Member | — | ||
| Stepehn C Koval | Board Member | — | ||
| Stuart H Johnson III | Board Member | — | ||
| Susan Zohn | Board Member | — | ||
| ANN ZIFF | Board President | — | ||
| C GRAHAM BERWIND III | Secretary | — | ||
| TOD JOHNSON | Board President | — | ||
| Diana Fortuna | Treasurer | — | ||
| ANN ZIFF | Board President | — | ||
| C GRAHAM BERWIND III | Secretary | — | ||
| Christopher S Moore | Treasurer | — | ||
| Dr Garry Spector | Secretary | — | ||
| Langdon Van Norden JR | Board President | — | ||
| Louis S Miano | Board President | — | ||
| RICHARD J MILLER JR | Board President | — | ||
| Sandra S Joys | Board President | — | ||
| Theodore A Kurz | Chairman, Executive Committee To 10/1/23 | — |
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| VANESSA KUBACH | Board Member | 5.8% of Rev | ||
| F PAUL DRISCOLL | EDITOR IN CHIEF | 4.9% of Rev | ||
| STUART HOLT | Board Member | 4.6% of Rev | ||
| TRENT JOHNSON | Board Member | 3.7% of Rev | ||
| ELIZABETH DIGGANS | Board Member | 3.7% of Rev | ||
| CHRISTIAN ALFONSI | Board Member | — | ||
| BETSY SHACK BARBANELL | Board Member | — | ||
| CATIA Z CHAPIN | Board Member | — | ||
| MARC CHAZAUD | Board Member | — | ||
| GEORGE M COZONIS | Board Member | — | ||
| JOHN M DOWD | Board Member | — | ||
| NICHOLAS L D FIRTH | Board Member | — | ||
| G WILLIAM HAAS | Board Member | — | ||
| JOHN HARGRAVES | Board Member | — | ||
| ELAINE HOCHBERG | Board Member | — | ||
| ALICE N HUNT | Board Member | — | ||
| STUART H JOHNSON III | Board Member | — | ||
| SANDRA S JOYS | Board President | — | ||
| HON JOHN G KOELTL | Board Member | — | ||
| STEPHEN C KOVAL | Board Member | — | ||
| THEODORE A KURZ | CHAIRMAN, EXECUTIVE COMMITTEE | — | ||
| ELLEN F MARCUS | Board Member | — | ||
| LOUIS S MIANO | Board President | — | ||
| RICHARD J MILLER JR | Board President | — | ||
| MERRI C MOKEN | Board Member | — | ||
| CHRISTOPHER S MOORE | Treasurer | — | ||
| SONDRA KRISHER RAPOPORT | Board Member | — | ||
| WINTHROP RUTHERFORD JR | CHAIRMAN OF THE BOARD | — | ||
| DR GARRY SPECTOR | Secretary | — | ||
| CHRISTINE STONBELY | Board Member | — | ||
| LANGDON VAN NORDEN JR | Board President | — | ||
| SUSAN ZOHN | Board Member | — | ||
| DR FRAYDA B LINDEMANN | Board Member | — | ||
| MS TAMSEN ANN ZIFF | Board Member | — |
Tax year 2022
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| VANESSA KUBACH | Treasurer | 5.2% of Rev | ||
| F PAUL DRISCOLL | EDITOR IN CHIEF | 4.7% of Rev | ||
| JAMES GREG JOYE | Board Member | 4.3% of Rev | ||
| STUART HOLT | Board Member | 4.3% of Rev | ||
| TRENT JOHNSON | Board Member | 3.7% of Rev | ||
| ELIZABETH DIGGANS | Board Member | 3.6% of Rev | ||
| CHRISTIAN ALFONSI | Board Member | — | ||
| CATIA Z CHAPIN | Board Member | — | ||
| MARC CHAZAUD | Board Member | — | ||
| GEORGE M COZONIS | Board Member | — | ||
| JOHN M DOWD | Board Member | — | ||
| EDMEE DE M FIRTH | Board Member | — | ||
| ROBERT R GLAUBER | Board Member | — | ||
| JOHN HARGRAVES | Board Member | — | ||
| ELAINE HOCHBERG | Board Member | — | ||
| ALICE N HUNT | Board Member | — | ||
| STUART H JOHNSON III | Board Member | — | ||
| SANDRA S JOYS | Board President | — | ||
| HON JOHN G KOELTL | Board Member | — | ||
| STEPHEN C KOVAL | Board Member | — | ||
| THEODORE A KURZ | CHAIRMAN, EXECUTIVE COMMITTEE | — | ||
| ELLEN F MARCUS | Board Member | — | ||
| LOUIS S MIANO | Board President | — | ||
| RICHARD J MILLER JR | Board President | — | ||
| MERRI C MOKEN | Board Member | — | ||
| CHRISTOPHER S MOORE | Treasurer | — | ||
| SONDRA KRISHER RAPOPORT | Board Member | — | ||
| WINTHROP RUTHERFURD JR | CHAIRMAN OF THE BOARD | — | ||
| MARC S SOLOMON | Board Member | — | ||
| GARRY SPECTOR | Secretary | — | ||
| LANGDON VAN NORDEN JR | Board President | — | ||
| SUSAN ZOHN | Board Member | — | ||
| DR FRAYDA B LINDEMANN | Board Member | — | ||
| MS TAMSEN ANN ZIFF | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Thomas Martin | Board Member | 9.8% of Rev | ||
| F Paul Driscoll | Editor In Chief | 4.7% of Rev | ||
| Vanessa Kubach | Treasurer | 4.5% of Rev | ||
| Stuart Holt | Board Member | 4.0% of Rev | ||
| Trent Johnson | Board Member | 3.6% of Rev | ||
| Elizabeth Diggans | Board Member | 3.5% of Rev | ||
| Christian Alfonsi | Board Member | — | ||
| Catia Z Chapin | Board Member | — | ||
| Marc Chazaud | Board Member | — | ||
| Eugenia Comini | Board Member | — | ||
| George M Cozonis | Board Member | — | ||
| John M Dowd | Board Member | — | ||
| Edmee de M Firth | Board Member | — | ||
| Carole Bailey French | Board Member | — | ||
| Robert R Glauber | Board Member | — | ||
| John Hargraves | Board Member | — | ||
| Elaine Hochberg | Board Member | — | ||
| Alice N Hunt | Board Member | — | ||
| Stuart H Johnson III | Board Member | — | ||
| Sandra S Joys | Board President | — | ||
| Hon John G Koeltl | Board Member | — | ||
| Stephen C Koval | Board Member | — | ||
| Theodore A Kurz | Chairman, Executive Committee | — | ||
| Dr Frayda B Lindeman | Board Member | — | ||
| Ellen F Marcus | Board Member | — | ||
| Louis S Miano | Board President | — | ||
| Richard J Miller Jr | Board President | — | ||
| Merri C Moken | Board Member | — | ||
| Christopher S Moore | Treasurer | — | ||
| Margaret Nicholas | Board Member | — | ||
| Sondra Krisher Rapopor | Board Member | — | ||
| Winthrop Rutherfurd J | Chairman Of The Board | — | ||
| Marc S Solomon | Board Member | — | ||
| Garry Spector | Secretary | — | ||
| Langdon Van Norden Jr | Board President | — | ||
| Tamsen Ann Ziff | Board Member | — | ||
| Susan Zohn | Board Member | — |
Score breakdown
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: program score sits 31 points above the peer median (60 vs. 29).
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
- Comp-to-revenue ratio of 9.6% sits within the sector's healthy band (18–22%).
- Financial resilience score in the bottom quartile — reserves and liabilities ratios warrant review.
What would change this score
The two changes that would most improve this score:
- 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.