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
34
Score
Governance
58
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
2025 Hidden Hidden — — Unknown —
2024 Hidden Hidden — — Unknown —
2023 Hidden Hidden 5.0% 34 Critical Intervention Needed Decline Risk
2022 — — 3.6% 39 Financially Distressed Recovery
2021 — — 8.1% 34 Critical Intervention Needed Stable Watch
2020 — — 4.9% 35 Financially Distressed Stable Watch
2019 — — 4.5% 35 Financially Distressed Decline Risk
2018 — — 5.1% 34 Critical Intervention Needed Recovery
2017 — — 16.2% 29 Critical Intervention Needed Decline Risk
2016 — — 8.8% 38 Financially Distressed Recovery
2015 — — 11.2% 32 Critical Intervention Needed Decline Risk
2014 — — 9.3% 34 Critical Intervention Needed Decline Risk
2013 — — 8.1% 34 Critical Intervention Needed Recovery
2012 — — 12.6% 32 Critical Intervention Needed Decline Risk
2011 — — 9.7% 40 Financially Distressed Stable Watch

Officer compensation history

Tax year 2026

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 5.8% of Rev
STEPHANIE C KIM Board Member —
ELLEN R ROGERS Board Member —
SCOTT S LUC Treasurer —
JOSHUA K MALARSKY Board Member —
JEFFREY BOLDT Board Member —
KRISTEN D BOICE Board Member —
MARY C BOWMAN Secretary —
MELISSA COHEN Board Member —
ADRIANNE EPSTEIN Board Member —
BRUCE E HESLIN Board Member —
MO MERHOFF Board Member —
JOHN OBRIEN Board Member —
MICHELLE PHEFFER Board Member —
KRISTEN ROBERTSON Board Member —
DONALD E KNEBEL Board President —
KATHERINE B APPEL Board Member —
THOMAS W BEELER Board Member —
JASON R BOYEWSKY Board Member —
D PETER DUNBAR Board Member —
JEFFREY E GOOD Board Member —
CONNIE R HORWITZ Board Member —
CHARLIE MORGAN Board Member —
JAMES UPDIKE Board Member —
KATHARINE MOTHERSHEAD-KRUSE Board Member —
HILARY STOUT SALATICH Board Member —
CAROLYN M SCHAEFER GRAY Board Member —
CHARLES P SUTPHIN Board Member —
LYNN C TYLER Board Member —
LYNN C WILSON Board Member —
QUINN SHEPHERD Board Member —
ALI SHEPHERD Board Member —
ROGER SINGH Board Member —
JOHN WALLS Board Member —
TAMMY HANEY Board Member —
ANN M SOARDS Board Member —
J KEITH STUCKER Board Member —
LAURIE B TANSELLE Board Member —
JEFF BODKIN Board Member —
JONATHAN SUNDHEIMER Board Member —

Tax year 2025

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 5.0% of Rev
STEPHANIE C KIM Board Member —
TODD C LADY Board President —
ELLEN R ROGERS Board President —
SCOTT S LUC Treasurer —
JOSHUA K MALARSKY Board President —
JEFFREY BOLDT Board Member —
KRISTEN D BOICE Board Member —
MARY C BOWMAN Secretary —
MELISSA COHEN Board Member —
ADRIANNE EPSTEIN Board Member —
BRUCE E HESLIN Board Member —
JEANINE KERRIDGE Board Member —
MO MERHOFF Board Member —
JOHN O'BRIEN Board Member —
MICHELLE PHEFFER Board Member —
ILISSA E RASSNER Board Member —
KRISTEN ROBERTSON Board Member —
DONALD E KNEBEL Board President —
KATHERINE B APPEL Board Member —
THOMAS W BEELER Board Member —
JASON R BOYEWSKY Board Member —
D PETER DUNBAR Board Member —
JEFFREY E GOOD Board Member —
CONNIE R HORWITZ Board Member —
CHARLIE MORGAN Board Member —
KATHARINE MOTHERSHEAD-KRUSE Board Member —
HILARY STOUT SALATICH Board Member —
CAROLYN M SCHAEFER GRAY Board Member —
CHARLES P SUTPHIN Board Member —
LYNN C TYLER Board Member —
LYNN C WILSON Board Member —
JAMES UPDIKE Board Member —
QUINN SHEPHERD Board Member —
ALI SHEPHERD Board Member —
ROGER SINGH Board Member —
JOHN WALLS Board Member —
TAMMY HANEY Board Member —
BRIAN SMILER Board Member —
ANN M SOARDS Board Member —
J KEITH STUCKER Board Member —
LAURIE B TANSELLE Board Member —
JUSTIN M VERBETEN Board Member —

Tax year 2023

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 4.9% of Rev
KATHERINE B APPEL Board Member —
THOMAS W BEELER Board Member —
JASON R BOYEWSKY Board Member —
D PETER DUNBAR Board Member —
JEFFREY E GOOD Board Member —
CONNIE R HORWITZ Board Member —
CHARLIE MORGAN Board Member —
KATHERINE MOTHERSHEAD KRUSE Board Member —
HILARY STOUT SALATICH Board Member —
CAROLYN M SCHAEFER GRAY Board Member —
CHARLES P SUTPHIN Board Member —
LYNN C TYLER Board Member —
LYNN C WILSON Board Member —
STEPHANIE C KIM Board President —
TODD C LADY Board President —
ELLEN R ROGERS Secretary —
LAURIE TANSELLE Treasurer —
JOSHUA K MALARSKY Board President —
JAY H BLACK Board Member —
KRISTEN D BOICE Board Member —
MARY BOWMAN Board Member —
MELISSA COHEN Board Member —
PATRICK A DREWRY Board Member —
JEREMY DULING Board Member —
ADRIANNE EPSTEIN Board Member —
LYNDA GOEKE Board Member —
BRUCE E HESLIN Board Member —
SYDNIE JOHNSON Board Member —
SCOTT S LUC Board Member —
SARAH LUEDTKE Board Member —
JEANINE KERRIDGE Board Member —
BRETT D MCKAMEY Board Member —
MO MERHOFF Board Member —
JOHN O'BRIEN Board Member —
JILL O'MALIA Board Member —
MICHELLE PHEFFER Board Member —
ILISSA RASSNER Board Member —
KRISTEN ROBERTSON Board Member —
MUNJOT SAHU Board Member —
BRIAN SMILER Board Member —
ANN M SOARDS Board Member —
J KEITH STUCKER Board Member —
JOANNA TUOHY Board Member —
JUSTIN M VERBETEN Board Member —
TIFFANY WHISNER Board Member —
DONALD E KNEBEL Board Member —

Tax year 2022

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 4.4% of Rev
STEPHANIE C KIM Board President —
TODD C LADY Board President —
DONALD E KNEBEL Board President —
LAURIE TANSELLE Secretary —
JOSHUA K MALARSKY Treasurer —
JAY H BLACK Board Member —
KRISTEN D BOICE Board Member —
MARY BOWMAN Board Member —
MELISSA COHEN Board Member —
PATRICK A DREWRY Board Member —
LESLIE GALBREATH Board Member —
LYNDA GOEKE Board Member —
BRUCE E HESLIN Board Member —
SARAH HONAKER Board Member —
SCOTT S LUC Board Member —
SARAH LUEDTKE Board Member —
JEANINE KERRIDGE Board Member —
VIVIAN LAWHEAD Board Member —
BRETT D MCKAMEY Board Member —
MAUREEN MERHOFF Board Member —
JOHN O'BRIEN Board Member —
JILL O'MALIA Board Member —
MICHELLE PHEFFER Board Member —
ILISSA RASSNER Board Member —
KRISTEN ROBERTSON Board Member —
ELLEN R ROGERS Board Member —
MUNJOT SAHU Board Member —
BRIAN SMILER Board Member —
ANN M SOARDS Board Member —
J KEITH STUCKER Board Member —
JOANNA TUOHY Board Member —
JUSTIN M VERBETEN Board Member —
TIFFANY WHISNER Board Member —
KATHERINE B APPEL Board Member —
THOMAS W BEELER Board Member —
JASON R BOYEWSKY Board Member —
D PETER DUNBAR Board Member —
JEFFREY E GOOD Board Member —
CONNIE R HORWITZ Board Member —
CHARLIE MORGAN Board Member —
KATHERINE MOTHERSHEAD-KRUSE Board Member —
HILARY STOUT SALATICH Board Member —
CAROLYN M SCHAEFER GRAY Board Member —
CHARLES P SUTPHIN Board Member —
LYNN C TYLER Board Member —
LYNN C WILSON Board Member —

Tax year 2021

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 4.2% of Rev
STEPHANIE C KIM Board President —
TODD C LADY Board President —
DONALD E KNEBEL Board President —
JAY A FELLER Board President —
LAURIE TANSELLE Secretary —
JOSHUA K MALARSKY Treasurer —
KRISTEN D BOICE Board Member —
MARY BOWMAN Board Member —
MELISSA COHEN Board Member —
PATRICK A DREWRY Board Member —
LYNDA GOEKE Board Member —
BRUCE E HESLIN Board Member —
SARAH HONAKER Board Member —
SCOTT S LUC Board Member —
SARAH LUEDTKE Board Member —
JEANINE KERRIDGE Board Member —
VIVIAN LAWHEAD Board Member —
BRETT D MCKAMEY Board Member —
CORRIE MEYER Board Member —
JOHN O'BRIEN Board Member —
JILL O'MALIA Board Member —
MICHELLE PHEFFER Board Member —
ILISSA RASSNER Board Member —
KRISTEN ROBERTSON Board Member —
ELLEN R ROGERS Board Member —
MUNJOT SAHU Board Member —
BRIAN SMILER Board Member —
ANN M SOARDS Board Member —
J KEITH STUCKER Board Member —
JOANNA TUOHY Board Member —
JUSTIN M VERBETEN Board Member —
TIFFANY WHISNER Board Member —
KATHERINE B APPEL Board Member —
THOMAS W BEELER Board Member —
JASON R BOYEWSKY Board Member —
D PETER DUNBAR Board Member —
JEFFREY E GOOD Board Member —
CONNIE R HORWITZ Board Member —
CHARLIE MORGAN Board Member —
KATHERINE MOTHERSHEAD KRUSE Board Member —
HILARY STOUT SALATICH Board Member —
CAROLYN M SCHAEFER GRAY Board Member —
CHARLES P SUTPHIN Board Member —
LYNN C TYLER Board Member —
LYNN C WILSON 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
0 / 100
weight 40%
Governance risk
58 / 100
weight 40%
Program scale
60 / 100
weight 20%
Overall
34 / 100
Priority Review

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

Peer comparison

Compared to 182 other orgs in IN with NTEE prefix A6.

Most-divergent component: financial score sits 53 points below the peer median (0 vs. 53).

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.