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 |
|---|---|---|---|---|---|---|---|
| 2022 | — | — | 33.1% | 32 | Critical Intervention Needed | Recovery | |
| 2021 | — | — | 14.4% | 36 | Financially Distressed | Recovery | |
| 2020 | — | — | 35.2% | 22 | Critical Intervention Needed | Decline Risk | |
| 2019 | — | — | 17.4% | 31 | Critical Intervention Needed | Decline Risk | |
| 2018 | — | — | 20.5% | 27 | Critical Intervention Needed | Decline Risk | |
| 2017 | — | — | 22.3% | 37 | Fragile | Gov Risk | |
| 2015 | — | — | 23.2% | 37 | Fragile | Recovery | |
| 2014 | — | — | 22.7% | 33 | Critical Intervention Needed | Recovery | |
| 2013 | — | — | 22.8% | 29 | Critical Intervention Needed | Decline Risk | |
| 2012 | — | — | 22.4% | 37 | Fragile | Recovery | |
| 2011 | — | — | 35.1% | 24 | Critical Intervention Needed | Stable Watch |
Officer compensation history
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Brenda S Henson | Executive Director | 23.6% of Rev | ||
| Judy Brooks | Head Costumer | 3.4% of Rev | ||
| Scott E Pickard | Board Member | 3.2% of Rev | ||
| Jessica Bartlett | Box Office Manager | 3.0% of Rev | ||
| Jason A Henson | Board President | — | ||
| Daniel Schreiner | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Brenda S Henson | Executive Director | 12.3% of Rev | ||
| Scott E Pickard | Board Member | 1.8% of Rev | ||
| Jason A Henson | Board President | 0.3% of Rev | ||
| Daniel Schreiner | Board Member | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 235 other orgs in WA with NTEE prefix A6.
Most-divergent component: financial score sits 26 points below the peer median (15 vs. 41).
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 27 → 32 over 5 years (improving by 5 points).
What's driving this score
- Comp-to-revenue ratio of 33.1% is above the 90th percentile for orgs of this size (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:
- Reduce top-officer compensation from 33.1% to under 22% of revenue — would move governance score by ~22 points.
- Separate signing authority from fundraising authority when both are held by one person — removes the concentration penalty (~12 points).
Improving governance is a board decision. These are the levers.