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 | — | — | 15.2% | 37 | Financially Distressed | Decline Risk | |
| 2022 | — | — | 16.6% | 37 | Financially Distressed | Decline Risk | |
| 2021 | — | — | 15.7% | 39 | Fragile | Decline Risk | |
| 2020 | — | — | 11.7% | 42 | Fragile | Recovery | |
| 2019 | — | — | 14.8% | 35 | Critical Intervention Needed | Recovery | |
| 2018 | — | — | 20.2% | 25 | Critical Intervention Needed | Recovery | |
| 2017 | — | — | 21.5% | 30 | Critical Intervention Needed | Recovery | |
| 2016 | — | — | 29.4% | 22 | Critical Intervention Needed | Decline Risk | |
| 2015 | — | — | 13.7% | 40 | Fragile | Recovery | |
| 2014 | — | — | 14.2% | 32 | Critical Intervention Needed | Decline Risk | |
| 2013 | — | — | 13.9% | 40 | Fragile | Stable Watch | |
| 2012 | — | — | 14.7% | 37 | Fragile | Recovery | |
| 2011 | — | — | 14.4% | 33 | Critical Intervention Needed | Stable Watch |
Officer compensation history
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| GAIL NATHAN | Executive Director | 15.0% of Rev | ||
| JOHN SANCHEZ | CHAIRMAN | — | ||
| ANTHONY BAILEY | Treasurer | — | ||
| BEATE H BENNETT | Secretary | — | ||
| FRACISCO LUGOVINA | CHAIRMEN EMERITUS | — | ||
| SYLVIA BENGOCHEA | Board Member | — | ||
| ALEX JEREZ | Board Member | — | ||
| EDUARDO DUARTE | Board Member | — | ||
| MIGEL SANCHEZ | Board Member | — | ||
| NOEMI SANTANA | Secretary | — | ||
| OSIRIS STEVENS | Board Member | — | ||
| KATIE GIACCONE | Board Member | — | ||
| LILIANA CANDELARIO | Board Member | — | ||
| MICHAEL WHEELER | Board Member | — | ||
| FRANCHESCA DIAZ | Board Member | — | ||
| DANIELLE CORBIN | Board Member | — | ||
| EMERITA TORRES | Board Member | — |
Tax year 2022
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| GAIL NATHAN | Executive Director | 15.0% of Rev | ||
| ALEX JEREZ | Board President | — | ||
| NOEMI SANTANA | Board President | — | ||
| ANTHONY BAILEY | Treasurer | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| GAIL NATHAN | Executive Director | 14.9% of Rev | ||
| RAYMOND RAGUES | Board President | — | ||
| BEATE BENNETT | Secretary | — | ||
| DEIDRE SCOTT | Treasurer | — | ||
| DANIEL DEL VALLE | ARTIST REPRESENTATIVE | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 12 other orgs in NY with NTEE prefix A4.
Most-divergent component: program score sits 23 points above the peer median (60 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.
Overall score has gone from 35 → 37 over 5 years (improving by 2 points).
What's driving this score
- Comp-to-revenue ratio of 15.2% 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:
- Separate signing authority from fundraising authority when both are held by one person — removes the concentration penalty (~12 points).
- 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.