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 |
|---|---|---|---|---|---|---|---|
| 2023 | — | — | 6.1% | 34 | Critical Intervention Needed | Decline Risk | |
| 2022 | — | — | 3.5% | 35 | Financially Distressed | Recovery | |
| 2021 | — | — | 12.4% | 38 | Fragile | Recovery | |
| 2020 | — | — | 10.9% | 34 | Critical Intervention Needed | Recovery | |
| 2019 | — | — | 5.8% | 34 | Critical Intervention Needed | Stable Watch | |
| 2018 | — | — | 7.0% | 34 | Critical Intervention Needed | Decline Risk | |
| 2017 | — | — | 7.0% | 34 | Critical Intervention Needed | Stable Watch | |
| 2016 | — | — | 7.0% | 34 | Critical Intervention Needed | Stable Watch | |
| 2015 | — | — | 6.9% | 34 | Critical Intervention Needed | Stable Watch | |
| 2014 | — | — | 5.9% | 34 | Critical Intervention Needed | Stable Watch | |
| 2013 | — | — | 4.5% | 35 | Financially Distressed | Decline Risk | |
| 2012 | — | — | 7.0% | 34 | Critical Intervention Needed | Stable Watch | |
| 2011 | — | — | 6.4% | 34 | Critical Intervention Needed | Stable Watch |
Officer compensation history
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| GREGORY CARPENTER | Artistic Director | 3.8% of Rev | ||
| ARI PELTO | Board Member | 2.8% of Rev | ||
| ERIN WENZEL | Board Member | 2.1% of Rev | ||
| ELIZABETH CASWELL DYER | Board President | — | ||
| ELEANOR N CAULKINS | Board President | — | ||
| KEVIN O'CONNOR | CHAIRMAN EMERITUS | — | ||
| MARCIA ROBINSON | Board President | — | ||
| CHEVIS HORNE | Board President | — | ||
| MICHAEL BOCK | Board President | — | ||
| RICHARD F KOSEFF | Secretary | — | ||
| JUDY LA SPADA | Treasurer | — | ||
| JEFF BALDWIN | Board Member | — | ||
| MARIA GARCIA BERRY | Board Member | — | ||
| DR LAURENCE K CHAN | Board Member | — | ||
| ALAN COOPER MD | Board Member | — | ||
| JOSEPH FOGLIANO | Board Member | — | ||
| RICHARD GARVIN | Board Member | — | ||
| DON HINDMAN | Board Member | — | ||
| KELLY ANN HODGES | Board Member | — | ||
| HON KENNETH LAFF | Board Member | — | ||
| JAMES LINFIELD | Board Member | — | ||
| WILLIAM MANIATIS MD | Board Member | — | ||
| MAJ KONSTANTINOS G MANIATIS | Board Member | — | ||
| VIVIAN MURCIANO | Board Member | — | ||
| JON J OLAFSON | Board Member | — | ||
| RON OTSUKA | Board Member | — | ||
| DR PREM SUBRAMANIAN | Board Member | — | ||
| VALERIE M WASSILL MD | Board Member | — | ||
| DAN G WELCH | Board Member | — | ||
| ROBIN YAEGER | Board Member | — | ||
| LARRY ZIMMER | Board Member | — | ||
| DANA SVENDSEN | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| GREGORY CARPENTER | Artistic Director | 3.0% of Rev | ||
| PAUL DECKARD | Board Member | 2.1% of Rev | ||
| ERIN WENZEL | Board Member | 2.0% of Rev | ||
| ARI PELTO | Board Member | 1.9% of Rev | ||
| MICHAEL BOCK | Board President | — | ||
| MARIA GARCIA BERRY | Board Member | — | ||
| ELIZABETH CASWELL DYER | Board President | — | ||
| ELEANOR N CAULKINS | Board President | — | ||
| DR LAURENCE K CHAN | Board Member | — | ||
| ALAN COOPER MD | Board Member | — | ||
| JOSEPH FOGLIANO | Board Member | — | ||
| DON HINDMAN | Board Member | — | ||
| KELLY ANN HODGES | Board Member | — | ||
| CHEVIS HORNE | Board President | — | ||
| RICHARD F KOSEFF | Secretary | — | ||
| HON KENNETH LAFF | Board Member | — | ||
| JUDY LA SPADA | Treasurer | — | ||
| JAMES LINFIELD | Board Member | — | ||
| WILLIAM MANIATIS MD | Board Member | — | ||
| MAJ KONSTANTINOS G MANIATIS | Board Member | — | ||
| KEVIN O'CONNOR | CHAIRMAN EMERITUS | — | ||
| JON J OLAFSON | Board Member | — | ||
| MARCIA ROBINSON | Board President | — | ||
| DR PREM SUBRAMANIAN | Board Member | — | ||
| DANA SVENDSEN | Board Member | — | ||
| VALERIE M WASSILL MD | Board Member | — | ||
| ROBIN YAEGER | Board Member | — | ||
| LARRY ZIMMER | Board Member | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 182 other orgs in CO with NTEE prefix A6.
Most-divergent component: financial score sits 36 points below the peer median (0 vs. 36).
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 34 → 34 over 5 years (stable by 0 points).
What's driving this score
- Comp-to-revenue ratio of 6.1% 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.