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 | — | — | — | 31 | Critical Intervention Needed | Recovery | |
| 2022 | — | — | 14.6% | 25 | Critical Intervention Needed | Recovery | |
| 2021 | — | — | 27.5% | 21 | Critical Intervention Needed | Gov Risk | |
| 2020 | — | — | 28.7% | 22 | Critical Intervention Needed | Gov Risk | |
| 2019 | — | — | 7.3% | 36 | Financially Distressed | Recovery | |
| 2018 | — | — | 7.2% | 35 | Critical Intervention Needed | Recovery | |
| 2017 | — | — | 11.2% | 29 | Critical Intervention Needed | Decline Risk | |
| 2016 | — | — | 7.9% | 35 | Critical Intervention Needed | Stable Watch | |
| 2015 | — | — | 8.2% | 35 | Critical Intervention Needed | Recovery | |
| 2014 | — | — | 6.2% | 29 | Critical Intervention Needed | Decline Risk | |
| 2013 | — | — | 7.7% | 29 | Critical Intervention Needed | Decline Risk | |
| 2012 | — | — | 5.4% | 32 | Critical Intervention Needed | Decline Risk | |
| 2011 | — | — | 4.8% | 38 | Financially Distressed | Stable Watch |
Officer compensation history
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Ken Goodwin | Executive Producer Bookkeeper Non-voting | 5.8% of Rev | ||
| Andrew Bates | Board Member | 2.9% of Rev | ||
| Alisa Metcalf | Artistic Director | 2.0% of Rev | ||
| Kelly Mann | Secretary | 0.3% of Rev | ||
| Doug Herman | Board President | — | ||
| Bob Mitchell | Board President | — | ||
| Susan Martin | Treasurer | — | ||
| Jim Honiotes | Board Member | — | ||
| Andrew Depperschmidt | Board Member | — |
Tax year 2022
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Ken Goodwin | Executive Producer Bookkeeper Non-voting | 5.8% of Rev | ||
| Alisa Metcalf | Artistic Director | 2.1% of Rev | ||
| Andrew Bates | Board Member | 1.8% of Rev | ||
| Wes Munsil | Board President | — | ||
| Doug Herman | Board President | — | ||
| Shandra Crayton | Treasurer | — | ||
| Kelly Mann | Secretary | — | ||
| Susan Martin | Board Member | — | ||
| Jim Honiotes | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| James Kenneth Goodwin | Executive Producer / Bookkeeper (non-voting) | 5.8% of Rev | ||
| Alisa Metcalf | Artistic Director | 2.1% of Rev | ||
| Andrew Bates | Board Member | 1.8% of Rev | ||
| Craig Ross | Board President | — | ||
| Wes Munsil | Board President | — | ||
| Shandra Crayton | Treasurer | — | ||
| Debbie Ross | Secretary | — | ||
| Marc Graham | Board Member | — | ||
| Susan Martin | 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 21 points below the peer median (15 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 36 → 31 over 5 years (declining by 5 points).
What's driving this score
- 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.