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.
Title
Representative Institutions
Institutional Epochs
Historical Performance
| Year | Revenue | Top Comp | Comp % Rev | Score | Phase Label | Outlook | Details |
|---|---|---|---|---|---|---|---|
| 2024 | Hidden | Hidden | — | — | Unknown | — | |
| 2023 | — | — | 2.8% | 45 | Fragile | Recovery | |
| 2022 | — | — | 6.5% | 34 | Critical Intervention Needed | Decline Risk | |
| 2021 | — | — | 8.1% | 48 | Fragile | Recovery | |
| 2020 | — | — | 4.6% | 35 | Financially Distressed | Stable Watch | |
| 2019 | — | — | 3.6% | 35 | Financially Distressed | Decline Risk | |
| 2018 | — | — | 3.9% | 35 | Financially Distressed | Decline Risk | |
| 2017 | — | — | 4.7% | 37 | Financially Distressed | Recovery | |
| 2016 | — | — | 2.8% | 35 | Financially Distressed | Recovery | |
| 2015 | — | — | — | 34 | Critical Intervention Needed | Recovery | |
| 2014 | — | — | — | 32 | Critical Intervention Needed | Stable Watch | |
| 2013 | — | — | — | 32 | Critical Intervention Needed | Stable Watch | |
| 2012 | — | — | 4.1% | 35 | Financially Distressed | Recovery | |
| 2011 | — | — | — | 32 | Critical Intervention Needed | Stable Watch |
Officer compensation history
Tax year 2025
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| James Morgan | Artistic Director | 2.7% of Rev | ||
| Debra Hook | Board Member | — | ||
| Debra Walton | Board Member | — | ||
| Mia Moravis | Board Member | — | ||
| Joan T Mischo | Board Member | — | ||
| Timothy F Collins | Board Member | — | ||
| Bernard Carragher | Board Member | — | ||
| Claudia Zahn | Board Member | — | ||
| Laurence Holzman | Board Member | — | ||
| James A Kierstead | Board Member | — | ||
| Charlotte Rosenblatt | Board Member | — | ||
| Katherine Huang | Board Member | — | ||
| Alan Govenar | Board Member | — | ||
| Gerald F Fisher | Treasurer | — | ||
| Molly Pickering Grose | Secretary | — | ||
| Riki Kane Larimer | Board President | — | ||
| Joan Ross Sorkin | Board President | — | ||
| W David McCoy | Chairman | — |
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| James Morgan | Artistic Director | 2.6% of Rev | ||
| W David McCoy | Chairman | — | ||
| Joan Ross Sorkin | Board President | — | ||
| Riki Kane Larimer | Board President | — | ||
| Molly Pickering Grose | Secretary | — | ||
| Gerald F Fisher | Treasurer | — | ||
| Alan Govenar | Board Member | — | ||
| Katherine Huang | Board Member | — | ||
| Charlotte Rosenblatt | Board Member | — | ||
| James A Kierstead | Board Member | — | ||
| Laurence Holzman | Board Member | — | ||
| Claudia Zahn | Board Member | — | ||
| Bernard Carragher | Board Member | — | ||
| Tim Collins | Board Member | — | ||
| Joan Mischo | Board Member | — | ||
| Mia Moravis | Board Member | — | ||
| Debra Walton | Board Member | — |
Tax year 2022
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| James Morgan | Artistic Director | 1.9% of Rev | ||
| W David McCoy | Chairman | — | ||
| Joan Ross Sorkin | Board President | — | ||
| Riki Kane Larimer | Board President | — | ||
| Molly Pickering Grose | Secretary | — | ||
| Gerald F Fisher | Treasurer | — | ||
| Alan Govenar | Board Member | — | ||
| Katherine Huang | Board Member | — | ||
| Charlotte Rosenblatt | Board Member | — | ||
| James A Kierstead | Board Member | — | ||
| Laurence Holzman | Board Member | — | ||
| Claudia Zahn | Board Member | — | ||
| Bernard Carragher | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| James Morgan | Artistic Director | 2.1% of Rev | ||
| W David McCoy | Chairman | — | ||
| Joan Ross Sorkin | Board President | — | ||
| Riki Kane Larimer | Board President | — | ||
| Molly Pickering Grose | Secretary | — | ||
| Gerald F Fisher | Treasurer | — | ||
| Alan Govenar | Board Member | — | ||
| Katherine Huang | Board Member | — | ||
| Charlotte Rosenblatt | Board Member | — | ||
| James A Kierstead | Board Member | — | ||
| Laurence Holzman | Board Member | — | ||
| Claudia Zahn | Board Member | — | ||
| Bernard Carragher | Board Member | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 1,226 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 2.8% 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.