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 | — | — | 5.7% | 40 | Financially Distressed | Stable Watch | |
| 2022 | — | — | 7.8% | 36 | Financially Distressed | Recovery | |
| 2021 | — | — | 11.5% | 35 | Critical Intervention Needed | Decline Risk | |
| 2020 | — | — | — | 40 | Financially Distressed | Recovery | |
| 2019 | — | — | 14.1% | 35 | Critical Intervention Needed | Decline Risk | |
| 2018 | — | — | — | 47 | Fragile | Recovery | |
| 2017 | — | — | — | 43 | Financially Distressed | Decline Risk | |
| 2016 | — | — | — | 51 | Fragile | Stable Watch | |
| 2015 | — | — | — | 47 | Fragile | Stable Watch | |
| 2014 | — | — | — | 47 | Fragile | Stable Watch |
Officer compensation history
Tax year 2025
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Kelley Hart | Executive Director | — | ||
| Peter Kozma | Artistic Director | — | ||
| Gary Payne | Board Member | — | ||
| Sara Womble | Board Member | — | ||
| Shaudi Malek | Board Member | — | ||
| Mary Ellen Clark | Board President | — | ||
| Therese Collins | Board Member | — |
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Peter Kozma | Artistic Director | — | ||
| Kelley Hart | Executive Director | — | ||
| Loydene Keith | Board President | — | ||
| Barbara Welsh-Osga | Board Member | — | ||
| Mary Ellen Clark | Board Member | — | ||
| Therese Collins | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Peter Kozma | Artistic Director | 4.3% of Rev | ||
| Kelley Hart | Secretary | 0.7% of Rev | ||
| Loydene Keith | Board President | — | ||
| Barbara Welsh-Osga | Board Member | — | ||
| Mary Ellen Clark | Board Member | — | ||
| Therese Collins | Board Member | — | ||
| Mary Ellen Clark | Board Member | — | ||
| Therese Collins | Board Member | — | ||
| Peter Kozma | Artistic Director | — | ||
| Kelley Hart | Board Member | — | ||
| Barbara Welsh-Osga | Board Member | — | ||
| Loydene Keith | Board Member | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 829 other orgs in CA with NTEE prefix A6.
Most-divergent component: program score sits 29 points above the peer median (60 vs. 31).
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 5.7% sits within the sector's healthy band (18–22%).
- Two consecutive years of deficit spending.
- 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).
- Stabilize program expenses or grow earned-income revenue to break the consecutive-deficit pattern (~8 points to financial score).
Improving governance is a board decision. These are the levers.