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 |
|---|---|---|---|---|---|---|---|
| 2024 | Hidden | Hidden | — | — | Unknown | — | |
| 2023 | Hidden | Hidden | 25.4% | 40 | Fragile | Recovery | |
| 2022 | — | — | 34.7% | 30 | Critical Intervention Needed | Recovery | |
| 2021 | — | — | 36.5% | 28 | Critical Intervention Needed | Recovery | |
| 2020 | — | — | 58.8% | 22 | Critical Intervention Needed | Decline Risk | |
| 2018 | — | — | — | 33 | Critical Intervention Needed | Decline Risk | |
| 2017 | — | — | — | 39 | Financially Distressed | Decline Risk | |
| 2016 | — | — | — | 43 | Fragile | Stable Watch |
Officer compensation history
Tax year 2025
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Jill De Armon | Artistic Director | 12.7% of Rev | ||
| Jinn S Kim | Executive Dir. | 12.7% of Rev | ||
| Ana Ortiz | Board Member | — | ||
| Jenice Malecki | Treasurer | — | ||
| Heather Corbett | Board President | — | ||
| Kelly Dunn | Board President | — | ||
| Julian Elijah Martinez | Board Member | — |
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Jill De Armon | Artistic Director | 9.7% of Rev | ||
| Jinn S Kim | Executive Dir. | 9.7% of Rev | ||
| Ana Ortiz | Board Member | — | ||
| Jenice Malecki | Treasurer | — | ||
| Heather Corbett | Board President | — | ||
| Kelly Dunn | Board President | — | ||
| Sarah-Beth White | Secretary | — | ||
| Ann Marie Almeida | Board Member | — | ||
| Julian Elijah Martinez | Board Member | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Jill De Armon | Executive Director | 9.7% of Rev | ||
| Jinn S Kim | Executive Dir. | 9.7% of Rev | ||
| Sean Headley | Board Member | — | ||
| Stephen Adly Guirgis | Board Member | — | ||
| Ana Ortiz | Board Member | — | ||
| Jenice Malecki | Treasurer | — | ||
| David Zayas | Board Member | — | ||
| Heather Corbett | Board President | — | ||
| Kelly Dunn | Board President | — | ||
| Sarah-Beth White | Board Member | — | ||
| Ann Marie Almeida | Board Member | — | ||
| Julian Elijah Martinez | Board Member | — | ||
| NA | Unspecified Role | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 699 other orgs in NY with NTEE prefix A6.
Most-divergent component: program score sits 31 points above the peer median (60 vs. 29).
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 25.4% is modestly above the sector's healthy band (18–22%) — worth monitoring.
- Net assets declined for 3 consecutive years of deficit spending; cash runway narrowing.
- 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.