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 | 4.4% | 35 | Financially Distressed | Decline Risk | |
| 2022 | — | — | 2.5% | 37 | Financially Distressed | Decline Risk | |
| 2021 | — | — | 3.2% | 51 | Fragile | Recovery | |
| 2020 | — | — | 2.8% | 35 | Financially Distressed | Stable Watch | |
| 2019 | — | — | 3.6% | 35 | Financially Distressed | Stable Watch | |
| 2018 | — | — | 2.8% | 35 | Financially Distressed | Stable Watch | |
| 2017 | — | — | 2.0% | 35 | Financially Distressed | Stable Watch | |
| 2016 | — | — | 2.5% | 35 | Financially Distressed | Stable Watch | |
| 2015 | — | — | 2.9% | 35 | Financially Distressed | Recovery | |
| 2014 | — | — | 2.9% | 34 | Critical Intervention Needed | Decline Risk | |
| 2013 | — | — | 2.7% | 34 | Critical Intervention Needed | Stable Watch | |
| 2012 | — | — | 2.7% | 35 | Financially Distressed | Stable Watch | |
| 2011 | — | — | 0.7% | 37 | Financially Distressed | Stable Watch |
Officer compensation history
Tax year 2025
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| WILLIAM R BERRY | Artistic Director | 0.8% of Rev | ||
| BERNADINE C GRIFFIN | Board Member | 0.7% of Rev | ||
| RACHEL ROBERT | CHIEF FINANCIAL OFFICER | 0.5% of Rev | ||
| LAUREL HORTON | HEAD CARPENTER | 0.5% of Rev | ||
| BECKY WITMER | DIR. OF MARKETING & GUEST SVCS | 0.5% of Rev | ||
| JOAN TOGGENBURGER | Board Member | 0.4% of Rev | ||
| MATTHEW PERRI | RESIDENT MUSIC SUPERVISOR | 0.4% of Rev | ||
| FABRIZIO ALMEIDA | Board Member | 0.4% of Rev | ||
| KATIE MALTAIS | Board Member | 0.3% of Rev | ||
| RICHARD MEADOWS | Board President | — | ||
| GRACE YUAN | Secretary | — | ||
| TOM HANDLEY | Treasurer | — | ||
| BETH PORTER | Board President | — | ||
| KENNY ALHADEFF | Board Member | — | ||
| MARISA BEHNKE | Board Member | — | ||
| MICHAEL COX | Board Member | — | ||
| RANDY HODGINS | Board Member | — | ||
| NINA JENNINGS | Board Member | — | ||
| LEE KELLER | Board Member | — | ||
| PAT KENNEDY | Board Member | — | ||
| SASA KIRKPATRICK | Board Member | — | ||
| KYLE LEVINE | Board Member | — | ||
| CARMEN MAYO | Board Member | — | ||
| JOHN OPPENHEIMER | Board Member | — | ||
| JOHN PAYES | Board Member | — | ||
| STEPHEN P REYNOLDS | Board Member | — | ||
| BONNIE TOWNE | Board Member | — | ||
| GARY TUCCI | Board Member | — | ||
| BECCA WERT | Board Member | — | ||
| BILL WERT | Board Member | — | ||
| EILEEN GLASSER WESLEY | Board Member | — | ||
| KENNETH WILLMAN | Board Member | — |
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| BERNADINE C GRIFFIN | Board Member | 0.6% of Rev | ||
| WILLIAM R BERRY | Artistic Director | 0.6% of Rev | ||
| RACHEL ROBERT | CHIEF FINANCIAL OFFICER | 0.4% of Rev | ||
| JOAN TOGGENBURGER | Board Member | 0.3% of Rev | ||
| LES BILLER | Board President | — | ||
| BETH PORTER | Board President | — | ||
| GRACE YUAN | Secretary | — | ||
| STERLING WILSON | Treasurer | — | ||
| BONNIE TOWNE | Board President | — | ||
| KENNY ALHADEFF | Board Member | — | ||
| ANN ARDIZZONE | Board Member | — | ||
| DEBBIE BROWN | Board Member | — | ||
| MARGARET CLAPP | Board Member | — | ||
| TOM HANDLEY | Board Member | — | ||
| WANDA J HERNDON | Board Member | — | ||
| RANDY HODGINS | Board Member | — | ||
| PAT KENNEDY | Board Member | — | ||
| SASA KIRKPATRICK | Board Member | — | ||
| ELIZABETH LUND | Board Member | — | ||
| CARMEN MAYO | Board Member | — | ||
| RICHARD MEADOWS | Board Member | — | ||
| MARTIN O NELSON JR | Board Member | — | ||
| JOHN OPPENHEIMER | Board Member | — | ||
| JOHN PAYES | Board Member | — | ||
| TONY REPANICH | Board Member | — | ||
| STEPHEN P REYNOLDS | Board Member | — | ||
| ROB SEXTON | Board Member | — | ||
| EMORY THOMAS | Board Member | — | ||
| GARY TUCCI | Board Member | — | ||
| EILEEN GLASSER WESLEY | Board Member | — | ||
| BECCA WERT | Board Member | — | ||
| BILL WERT | Board Member | — | ||
| KENNETH WILLMAN | Board Member | — |
Tax year 2022
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| BERNADINE C GRIFFIN | Board Member | 0.6% of Rev | ||
| WILLIAM R BERRY | Artistic Director | 0.6% of Rev | ||
| MICHELLE MOGA | Board Member | 0.6% of Rev | ||
| RACHEL M ROBERT | CHIEF FINANCIAL OFFICER | 0.4% of Rev | ||
| BONNIE TOWNE | Board President | — | ||
| LES BILLER | Board President | — | ||
| STERLING WILSON | Treasurer | — | ||
| MARGARET C INOUYE | Secretary | — | ||
| STEPHEN P REYNOLDS | Board President | — | ||
| KENNY ALHADEFF | Board Member | — | ||
| ANN ARDIZZONE | Board Member | — | ||
| SHARON GANTZ BLOOME | Board Member | — | ||
| ROBERT R BRAUN JR | Board Member | — | ||
| DEBBIE BROWN | Board Member | — | ||
| MARK CASTELIN | Board Member | — | ||
| MARGARET CLAPP | Board Member | — | ||
| TOM HANDLEY | Board Member | — | ||
| WANDA J HERNDON | Board Member | — | ||
| RANDY HODGINS | Board Member | — | ||
| PAT KENNEDY | Board Member | — | ||
| SASA KIRKPATRICK | Board Member | — | ||
| ELIZABETH LUND | Board Member | — | ||
| CARMEN MAYO | Board Member | — | ||
| RICHARD MEADOWS | Board Member | — | ||
| MARTIN O NELSON JR | Board Member | — | ||
| JOHN OPPENHEIMER | Board Member | — | ||
| BETH PORTER | Board Member | — | ||
| ANN RAMSAY-JENKINS | Board Member | — | ||
| TONY REPANICH | Board Member | — | ||
| ROB SEXTON | Board Member | — | ||
| SABRINA K SEWARD | Board Member | — | ||
| HEATHER SULLIVAN MCKAY | Board Member | — | ||
| EMORY THOMAS | Board Member | — | ||
| ERIC TROTT | Board Member | — | ||
| GARY TUCCI | Board Member | — | ||
| LORI TWOMEY | Board Member | — | ||
| TOM WALSH | Board Member | — | ||
| EILEEN GLASSER WESLEY | Board Member | — | ||
| KENNETH WILLMAN | Board Member | — | ||
| GRACE YUAN | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| BERNADINE C GRIFFIN | Board Member | 0.8% of Rev | ||
| WILLIAM R BERRY | Artistic Director | 0.8% of Rev | ||
| MICHELLE MOGA | Vice President | 0.6% of Rev | ||
| LAUREL S HORTON | HEAD CARPENTER | 0.5% of Rev | ||
| MICHAEL ALLEN GEPNER | Vice President | 0.4% of Rev | ||
| KAREN MARTA KATZ | HEAD SOUND ENGINEER | 0.4% of Rev | ||
| MATTHEW A PERRI | RESIDENT MUSIC SUPERVISOR | 0.4% of Rev | ||
| RACHEL M ROBERT | CHIEF FINANCIAL OFFICER FROM 09/19 | 0.1% of Rev | ||
| BONNIE TOWNE | Board President | — | ||
| STERLING WILSON | Treasurer | — | ||
| MARGARET C INOUYE | Secretary | — | ||
| STEPHEN P REYNOLDS | Board President | — | ||
| KENNY ALHADEFF | Board Member | — | ||
| ANN ARDIZZONE | Board Member | — | ||
| CLODAGH ASH | Board Member | — | ||
| LES BILLER | Board Member | — | ||
| SHARON GANTZ BLOOME | Board Member | — | ||
| ROBERT R BRAUN JR | Board Member | — | ||
| DEBBIE BROWN | Board Member | — | ||
| MARK CASTELIN | Board Member | — | ||
| MARGARET CLAPP | Board Member | — | ||
| CYRUS HABIB | Board Member | — | ||
| TOM HANDLEY | Board Member | — | ||
| WANDA J HERNDON | Board Member | — | ||
| RANDY HODGINS | Board Member | — | ||
| PAT KENNEDY | Board Member | — | ||
| SASA KIRKPATRICK | Board Member | — | ||
| ELIZABETH LUND | Board Member | — | ||
| CARMEN MAYO | Board Member | — | ||
| RICHARD MEADOWS | Board Member | — | ||
| MARTIN O NELSON JR | Board Member | — | ||
| JOHN OPPENHEIMER | Board Member | — | ||
| BETH PORTER | Board Member | — | ||
| ANN RAMSAY-JENKINS | Board Member | — | ||
| TONY REPANICH | Board Member | — | ||
| NORMAN B RICE | Board Member | — | ||
| ROB SEXTON | Board Member | — | ||
| HEATHER SULLIVAN MCKAY | Board Member | — | ||
| EMORY THOMAS | Board Member | — | ||
| ERIC TROTT | Board Member | — | ||
| GARY TUCCI | Board Member | — | ||
| LORI TWOMEY | Board Member | — | ||
| MARKA WAECHTER | Board Member | — | ||
| TOM WALSH | Board Member | — | ||
| EILEEN GLASSER WESLEY | Board Member | — | ||
| KENNETH WILLMAN | Board Member | — | ||
| GRACE YUAN | Board Member | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 235 other orgs in WA with NTEE prefix A6.
Most-divergent component: financial score sits 41 points below the peer median (0 vs. 41).
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 4.4% 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.