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.
Institutional Epochs
Historical Performance
| Year | Revenue | Top Comp | Comp % Rev | Score | Phase Label | Outlook | Details |
|---|---|---|---|---|---|---|---|
| 2024 | Hidden | Hidden | — | — | Unknown | — | |
| 2023 | Hidden | Hidden | 2.6% | 35 | Financially Distressed | Stable Watch | |
| 2022 | — | — | 4.1% | 35 | Financially Distressed | Stable Watch | |
| 2021 | — | — | 7.4% | 34 | Critical Intervention Needed | Stable Watch | |
| 2020 | — | — | 8.5% | 34 | Critical Intervention Needed | Decline Risk | |
| 2019 | — | — | 6.3% | 34 | Critical Intervention Needed | Decline Risk | |
| 2018 | — | — | 1.3% | 35 | Financially Distressed | Stable Watch | |
| 2017 | — | — | 2.8% | 35 | Financially Distressed | Stable Watch | |
| 2016 | — | — | 4.1% | 35 | Financially Distressed | Decline Risk | |
| 2015 | — | — | 4.3% | 35 | Financially Distressed | Decline Risk | |
| 2014 | — | — | 4.5% | 35 | Financially Distressed | Decline Risk | |
| 2013 | — | — | 4.9% | 35 | Financially Distressed | Stable Watch | |
| 2012 | — | — | 4.8% | 35 | Financially Distressed | Stable Watch |
Officer compensation history
Tax year 2025
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| JAMES MEENA | Artistic Director | 2.7% of Rev | ||
| ANN REED | Board Member | — | ||
| ARLENE FEREBEE | Board President | — | ||
| BARBARA HOLT | Board Member | — | ||
| CAROL KENDRICK | Board President | — | ||
| CHARLOTTE PAYNE | Board Member | — | ||
| CHRISTPHER MARDANY | Board President | — | ||
| CHRISTOPHER MAURER | Board Member | — | ||
| DARYL HOLLNAGEL | Secretary | — | ||
| ELIZABETH TRENARY | Board Member | — | ||
| EMILY SMITH | Board Member | — | ||
| FRANK BONCIMINO | Treasurer | — | ||
| JULIE BERNARD | Board President | — | ||
| KI-HYUN CHUN | Board Member | — | ||
| LESLIE PALIYENKO | Board Member | — | ||
| MARCUS MARTIN | Board Member | — | ||
| MATTHEW MOORE | Board Member | — | ||
| PAUL KARDOUS | Board Member | — | ||
| MARGARET PEG POVINELLI | Board Member | — | ||
| PHYLLIS ZANGHI | Treasurer | — | ||
| NATALIE BROWN | Board Member | — | ||
| ROB BOISVERT | Board Member | — | ||
| JOHN HARMELING | Board Member | — | ||
| CACI JAEGER | Board Member | — | ||
| JENNIFER MARTIN | Board Member | — | ||
| JAMES POWELL | Board Member | — | ||
| JORDAN STERN | Board Member | — | ||
| SHANTE WILLIAMS | Board Member | — | ||
| AUNDREA WILSON | Board Member | — | ||
| CRAIG DANFORTH | Board Member | — | ||
| ROB HARRINGTON | Board Member | — | ||
| SHARON HARRINGTON | Board Member | — |
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| JAMES MEENA | Artistic Director | 4.4% of Rev | ||
| PHYLLIS ZANGHI | Board Member | — | ||
| MATTHEW MOORE | Board Member | — | ||
| MARGARET FARNHAM | Board Member | — | ||
| MARCUS MARTIN | Board Member | — | ||
| CHARLOTTE PAYNE | Board Member | — | ||
| ANN REED | Board Member | — | ||
| BARBARA HOLT | Board Member | — | ||
| EMILY SMITH | Board Member | — | ||
| CURTIS WALLS | Board Member | — | ||
| ELIZABETH TRENARY | Board Member | — | ||
| ARLENE FEREBEE | Board President | — | ||
| CAROL KENDRICK | Board President | — | ||
| CHRIS MARDANY | Board President | — | ||
| CHRISTOPHER MAURER | Board Member | — | ||
| DARYL HOLLNAGEL | Secretary | — | ||
| FRANK BONCIMINO | Treasurer | — | ||
| JULIE BERNARD | Board President | — | ||
| KI-HYUN CHUN | Board Member | — | ||
| MIKE GAITHER | Board Member | — | ||
| PAUL KARDOUS | Board Member | — | ||
| KEITH HENDRIX | Treasurer | — | ||
| BETTY G ADAMS | Board Member | — | ||
| LAUARA PHILIPSON | Board Member | — | ||
| MICHAEL VANESSE | Board Member | — | ||
| LESLIE PALIYENKO | Board Member | — | ||
| PEG POVINELLI | Board Member | — |
Tax year 2022
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| JAMES MEENA | Artistic Director | 4.2% of Rev | ||
| VANESSA THORNE | COO | 3.9% of Rev | ||
| ARLENE FEREBEE | Board President | — | ||
| BETTY GARRISS ADAMS | Board Member | — | ||
| CALLIE KELLY | Board Member | — | ||
| CAROL KENDRICK | Board President | — | ||
| CHARLES T GREER | Treasurer | — | ||
| CHARLOTTE PAYNE | Board Member | — | ||
| CHRIS MARDANY | Board Member | — | ||
| CHRISTOPHER MAURER | Board Member | — | ||
| DARYL HOLLNAGEL | Secretary | — | ||
| ELIZABETH TRENARY | Board Member | — | ||
| FRANK BONCIMINO | Board Member | — | ||
| JULIE BERNARD | Board Member | — | ||
| KAREN LICHTIN PANDOS | Board Member | — | ||
| KATHERINE HALL | Board Member | — | ||
| KI-HYUN CHUN | Board Member | — | ||
| LAURA MEYER WELLMAN | Board President | — | ||
| LAURA PHILIPSON | Board Member | — | ||
| LESLIE PALIYENKO | Board Member | — | ||
| MARGARET FARNHAM | Board Member | — | ||
| MICHEL VANESSE | Board Member | — | ||
| MIKE GAITHER | Board Member | — | ||
| PAUL KARDOUS | Board Member | — | ||
| PREETI DESHMUKH | Board Member | — | ||
| ROBERT ZABEL | Treasurer | — | ||
| STEPHEN PHILIPSON | Board Member | — | ||
| VINAY DESHMUKH | Board Member | — | ||
| VIRGINIA SHAW | Board Member | — | ||
| GEORGE WINCHESTER KELLY | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| JAMES MEENA | Artistic Director | 5.7% of Rev | ||
| KAREN PERRY | Board Member | — | ||
| KATHERINE HALL | Board Member | — | ||
| KI-HYUN CHUN | Board Member | — | ||
| LAURA MEYER WELLMAN | Board President | — | ||
| LAURA PHILIPSON | Board Member | — | ||
| LAURA VINROOT POOLE | Board Member | — | ||
| LESLIE PALIYENKO | Board Member | — | ||
| MARGARET FARNHAM | Board Member | — | ||
| MARGARET POVINELLI | Board Member | — | ||
| MICHEL VANESSE | Board Member | — | ||
| MIKE GAITHER | Board Member | — | ||
| PAUL KARDOUS | Board Member | — | ||
| PREETI DESHMUKH | Board Member | — | ||
| ROBERT ZABEL | Treasurer | — | ||
| STEPHEN PHILIPSON | Board Member | — | ||
| VINAY DESHMUKH | Board Member | — | ||
| VIRGINIA SHAW | Board Member | — | ||
| WIN KELLY | Board Member | — | ||
| ARLENE FEREBEE | Board President | — | ||
| BETTY GARRISS ADAMS | Board Member | — | ||
| BILL GRIESMEYER | Board Member | — | ||
| BRADFORD HOLSHAUSER | Board Member | — | ||
| CALLIE KELLY | Board Member | — | ||
| CAROL KENDRICK | Board President | — | ||
| CHARLES T GREER | Treasurer | — | ||
| CHARLOTTE PAYNE | Board Member | — | ||
| CHRIS MARDANY | Board Member | — | ||
| CHRISTOPHER MAURER | Board Member | — | ||
| DARYL HOLLNAGEL | Secretary | — | ||
| ELIZABETH TRENARY | Board Member | — | ||
| EMILY SMITH | Board Member | — | ||
| FAIRFAX COOPER | Board Member | — | ||
| FRANCISCO ALVARADO | Board Member | — | ||
| FRANK BONCIMINO | Board Member | — | ||
| JULIE BERNARD | Board Member | — | ||
| KAREN LICHTIN PANDOS | Board Member | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 145 other orgs in NC with NTEE prefix A6.
Most-divergent component: financial score sits 37 points below the peer median (0 vs. 37).
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 2.6% 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.