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
40
Score
Governance
58
Score
Financial
15
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
2023 — — 4.9% 40 Financially Distressed Decline Risk
2022 — — 7.7% 48 Fragile Recovery
2021 — — 16.4% 43 Fragile Recovery
2020 — — 16.2% 29 Critical Intervention Needed Decline Risk
2019 — — 10.9% 33 Critical Intervention Needed Decline Risk
2018 — — 7.7% 36 Financially Distressed Decline Risk
2017 — — 7.9% 38 Financially Distressed Decline Risk
2016 — — 5.0% 48 Fragile Recovery
2015 — — 5.5% 44 Financially Distressed Decline Risk
2014 — — 3.9% 51 Fragile Recovery
2013 — — 5.0% 36 Financially Distressed Decline Risk
2012 — — 4.4% 49 Fragile Recovery
2011 — — 3.8% 39 Financially Distressed Stable Watch

Officer compensation history

Tax year 2023

Name Title Phone Email Compensation
TERESA EYRING Executive Director 4.7% of Rev
ADRIAN BUDHU Board Member 3.2% of Rev
TERENCE NEMETH Board Member 2.7% of Rev
EMILYA CACHAPERO Artistic Director 2.3% of Rev
CAROL VAN KEUREN Board Member 1.8% of Rev
KATHLEEN SOVA Board Member 1.8% of Rev
ROBERT KENDT DIR. OF AMERICAN THEATRE MAGAGINE 1.7% of Rev
NIKKOLE SALTER Board President —
JOHN FONTILLAS Board President —
SNEHAL DESAI Board President —
EILEEN J MORRIS Board President —
ANGELA GIERAS Treasurer —
LISA PORTES Secretary —
MAY ADRALES Board Member —
RAYMOND BOBGAN Board Member —
JEREMY B COHEN Board Member —
WILL DAVIS Board Member —
KELVIN DINKINS JR Board Member —
CYNTHIA FUHRMAN Board Member —
NATAKI GARRETT Board Member —
DEREK GOLDMAN Board Member —
JAMIE HERLICH MCIALWAIN Board Member —
LAURIE MCCANTS Board Member —
ELLEN RICHARD Board Member —
ANTHONY RODRIGUEZ Board Member —
HANA S SHARIF Board Member —
HAROLD STEWARD Board Member —
RALPH BRYAN Board Member —
HANAY GEIOGAMAH Board Member —
MERRIQUE JENSON Board Member —

Tax year 2022

Name Title Phone Email Compensation
TERESA EYRING Executive Director 4.7% of Rev
ADRIAN BUDHU Board Member 3.2% of Rev
TERENCE NEMETH Board Member 2.7% of Rev
EMILYA CACHAPERO Artistic Director 2.2% of Rev
CAROL VAN KEUREN Board Member 1.8% of Rev
ROBERT KENDT DIR. OF AMERICAN THEATRE MAGAZINE 1.7% of Rev
KATHLEEN SOVA Board Member 1.7% of Rev
NIKKOLE SALTER Board President —
JOHN FONTILLAS Board President —
SNEHAL DESAI Board President —
EILEEN J MORRIS Board President —
MEGHAN PRESSMAN Board President —
ANGELA GIERAS Treasurer —
LISA PORTES Secretary —
MAY ADRALES Board Member —
RAYMOND BOBGAN Board Member —
JEREMY B COHEN Board Member —
WILL DAVIS Board Member —
KELVIN DINKINS JR Board Member —
CYNTHIA FUHRMAN Board Member —
NATAKI GARRETT Board Member —
DEREK GOLDMAN Board Member —
JAMIE HERLICH MCIALWAIN Board Member —
MARA ISAACS Board Member —
LAURIE MCCANTS Board Member —
JOHAMY MORALES Board Member —
ELLEN RICHARD Board Member —
ANTHONY RODRIGUEZ Board Member —
DAVID SCHMITZ Board Member —
HANA S SHARIF Board Member —
HAROLD STEWARD Board Member —

Tax year 2021

Name Title Phone Email Compensation
TERESA EYRING Executive Director 4.6% of Rev
ADRIAN BUDHU Board Member 3.0% of Rev
TERENCE NEMETH Board Member 2.4% of Rev
EMILYA CACHAPERO Artistic Director 2.1% of Rev
KEVIN BITTERMAN DIR. OF INSTITUTIONAL ADVANCEMENT 1.8% of Rev
KATE LIPUMA Board President —
LARISSA FASTHORSE Board President —
MEGHAN PRESSMAN Board President —
ELLEN RICHARD Treasurer —
EILEEN J MORRIS Secretary —
MAY ADRALES Board Member —
JOSEPH P BENINCASA Board Member —
RAYMOND BOBGAN Board Member —
JEREMY B COHEN Board Member —
KRISTEN COURY Board Member —
JOSHUA DACHS Board Member —
WILL DAVIS Board Member —
SNEHAL DESAI Board Member —
KELVIN DINKINS JR Board Member —
JOHN FONTILLAS Board Member —
NATAKI GARRETT Board Member —
ANGELA GIERAS Board Member —
DEREK GOLDMAN Board Member —
JAMIE HERLICH Board Member —
SUSAN HILFERTY Board Member —
REBECCA HOPKINS Board Member —
MARA ISAACS Board Member —
LAURIE MCCANTS Board Member —
JOHAMY MORALES Board Member —
KEVIN MORIARTY Board Member —
LISA PORTES Board Member —
FRANCINE REYNOLDS Board Member —
BLAKE ROBISON Board Member —
ANTHONY RODRIGUEZ Board Member —
NIKKOLE SALTER Board Member —
TIM SANFORD Board Member —
CARLO SCANDIUZZI Board Member —
DAVID SCHMITZ Board Member —
HANA S SHARIF Board Member —
HAROLD STEWARD Board Member —
ROBERT T WARREN Board Member —
Officer contact details, exact compensation figures, and active litigation are available to verified members.
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Score breakdown

Score breakdown

Financial resilience
15 / 100
weight 40%
Governance risk
58 / 100
weight 40%
Program scale
60 / 100
weight 20%
Overall
40 / 100
Priority Review

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

Peer comparison

Compared to 1,227 other orgs in NY with NTEE prefix A6.

Most-divergent component: financial score sits 37 points below the peer median (15 vs. 52).

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.

Overall score has gone from 33 → 40 over 5 years (improving by 7 points).

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.