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
34
Score
Governance
55
Score
Financial
0
Score
Program
60
Score

Institutional Epochs

2010
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
2023 — — 5.2% 34 Critical Intervention Needed Decline Risk
2022 — — 3.2% 43 Fragile Recovery
2021 — — 11.2% 32 Critical Intervention Needed Decline Risk
2020 — — 3.9% 35 Financially Distressed Decline Risk
2019 — — 5.7% 34 Critical Intervention Needed Decline Risk
2018 — — 2.9% 37 Financially Distressed Stable Watch
2017 — — 2.7% 37 Financially Distressed Stable Watch
2016 — — 3.5% 37 Financially Distressed Stable Watch
2015 — — 2.7% 37 Financially Distressed Recovery
2014 — — 3.6% 35 Financially Distressed Stable Watch
2013 — — 3.3% 35 Financially Distressed Decline Risk
2012 — — 3.6% 35 Financially Distressed Decline Risk
2011 — — 4.1% 37 Financially Distressed Stable Watch

Officer compensation history

Tax year 2023

Name Title Phone Email Compensation
Peter Boal Artistic Director 1.8% of Rev
Ellen Walker Executive Director 1.3% of Rev
Emil de Cou Board Member 0.7% of Rev
Lia Chiarelli Chief Marketing & Advancement Officer 0.7% of Rev
David Thorpe Chief Financial Officer 0.5% of Rev
Therese Flaming Board Member 0.4% of Rev
Denise Bolstad Board Member 0.4% of Rev
Levke Haas Board Member —
W Daniel Heidt Board Member —
Kalen Holmes Board Member —
Toni Hoover Board Member —
Mariana Keller Board Member —
April Kieburtz Board Member —
Megan Kirley Board Member —
Terrell Lefferts Board Member —
Josh Lieberman Board Member —
Frederick McDonald Board Member —
Carol Neiman Board Member —
Jenna Owens Board Member —
Kristin Pastoriza Board Member —
Tom A Puentes Board Member —
Barbara Ries Board Member —
Elizabeth Stokes Board Member —
Jennifer Thompson Board Member —
Aimee Truchard Board Member —
Stephanie True Board Member —
Natasha Lalji Verjee Board Member —
Connie Walsh Board Member —
Jodi Wong Board Member —
Leslie Yamada Board Member —
Shirley Zaic Board Member —
Lisa Wahbe Board Member —
Aya Hamilton Board President —
Lynne Graybeal Board President —
Dan Kingston Treasurer —
Maria Mackey Treasurer —
Leonard Sorrin Secretary —
Lynn Lindsay Secretary —
Peter Horvitz Vice President —
Sara A Jones Vice President —
Vivian Schwab Vice President —
Sue Buske Board President —
Joan Fitzmaurice Board President —
David Hadley Board President —
Donna Barnett Board Member —
Carl Behnke Board Member —
Susan Brotman Board Member —
John Conte Board Member —
Sharon Falkner Board Member —
Jerald Farley Board Member —
Stephen E Fuhs Board Member —

Tax year 2022

Name Title Phone Email Compensation
Peter Boal Artistic Director 1.4% of Rev
Ellen Walker Executive Director 1.0% of Rev
Lia Chiarelli Chief Marketing & Advancement Officer 0.5% of Rev
Emil de Cou Board Member 0.5% of Rev
David Thorpe Chief Financial Officer 0.4% of Rev
Susan Brotman Board Member —
Sharon Falkner Board Member —
Jerald Farley Board Member —
Stephen E Fuhs Board Member —
William Grinstein Board Member —
David Hadley Board Member —
Levke Haas Board Member —
W Daniel Heidt Board Member —
Kalen Holmes Board Member —
Toni Hoover Board Member —
H David Kaplan Board Member —
Mariana Keller Board Member —
April Kieburtz Board Member —
Megan Kirley Board Member —
Terrell Lefferts Board Member —
Josh Lieberman Board Member —
Frederick McDonald Board Member —
Carol Neiman Board Member —
Jenna Owens Board Member —
Kristin Pastoriza Board Member —
Tom A Puentes Board Member —
James Raisbeck Board Member —
Barbara Ries Board Member —
Catherine Ries Board Member —
Leonard Sorrin Board Member —
Elizabeth Stokes Board Member —
Jennifer Thompson Board Member —
Aimee Truchard Board Member —
Stephanie True Board Member —
Natasha Lalji Verjee Board Member —
Connie Walsh Board Member —
Jodi Wong Board Member —
Leslie Yamada Board Member —
Shirley Zaic Board Member —
Aya Hamilton Chairman —
Joan Fitzmaurice Board President —
Maria Mackey Treasurer —
Dan Kingston Treasurer —
Lynn Lindsay Secretary —
Lynne Graybeal Board President —
John Conte Vice President —
Peter Horvitz Vice President —
Sara A Jones Vice President —
Vivian Schwab Vice President —
Sue Buske Board Member —
Donna Barnett Board Member —
Carl Behnke Board Member —

Tax year 2021

Name Title Phone Email Compensation
Peter Boal Artistic Director 1.7% of Rev
Ellen Walker Executive Director 1.1% of Rev
Emil de Cou Board Member 0.6% of Rev
Lia Chiarelli Chief Marketing & Advancement Officer 0.5% of Rev
David Thorpe Chief Financial Officer 0.5% of Rev
Jonathan M Porretta Dancer/Ballet Teacher 0.4% of Rev
Therese A Flaming Board Member 0.4% of Rev
Denise R Bolstad Board Member 0.4% of Rev
Aya Hamilton Chairman —
Joan Fitzmaurice Board President —
Maria Mackey Treasurer —
Lynn Lindsay Secretary —
Lynne Graybeal Board President —
Donna Barnett Board Member —
Carl Behnke Board Member —
Susan Brotman Board Member —
Sue Buske Board Member —
John Conte Board Member —
Sharon Falkner Board Member —
Jerald Farley Board Member —
Stephen E Fuhs Board Member —
William Grinstein Board Member —
Elizabeth Guez Board Member —
David Hadley Board Member —
W Daniel Heidt Board Member —
Kalen Holmes Board Member —
Toni Hoover Board Member —
Peter Horvitz Board Member —
Gail James Board Member —
Christy Jones Board Member —
Sara A Jones Board Member —
H David Kaplan Board Member —
Dan Kingston Board Member —
Megan Kirley Board Member —
Wendy Kizzier Board Member —
Natasha Lalji Verjee Board Member —
Alex Lange Board Member —
Terrell Lefferts Board Member —
Josh Lieberman Board Member —
Frederick McDonald Board Member —
Carol Neiman Board Member —
Susan Okamoto Board Member —
Gwendolyn Payton Board Member —
Elizabeth Pirnat Board Member —
Tom A Puentes Board Member —
James Raisbeck Board Member —
Barbara Ries Board Member —
Catherine Ries Board Member —
Vivian Schwab Board Member —
Elizabeth Stokes Board Member —
Shannon Tierney Board Member —
Aimee Truchard Board Member —
Stephanie True Board Member —
Connie Walsh Board Member —
Jodi Wong Board Member —
Leslie Yamada 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
55 / 100
weight 40%
Program scale
60 / 100
weight 20%
Overall
34 / 100
Priority Review

The three components combine into a single 0–100 score weighted as shown. Full methodology →

Peer comparison

Compared to 332 other orgs in WA with NTEE prefix A6.

Most-divergent component: financial score sits 52 points below the peer median (0 vs. 52).

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

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.