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
35
Score
Governance
58
Score
Financial
0
Score
Program
60
Score

Institutional Epochs

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
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 Email 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 Email 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 Email 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 Email 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
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
35 / 100
Priority Review

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

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.