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
58
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
2025 Hidden Hidden Unknown
2024 Hidden Hidden Unknown
2023 Hidden Hidden 5.0% 34 Critical Intervention Needed Decline Risk
2022 3.6% 39 Financially Distressed Recovery
2021 8.1% 34 Critical Intervention Needed Stable Watch
2020 4.9% 35 Financially Distressed Stable Watch
2019 4.5% 35 Financially Distressed Decline Risk
2018 5.1% 34 Critical Intervention Needed Recovery
2017 16.2% 29 Critical Intervention Needed Decline Risk
2016 8.8% 38 Financially Distressed Recovery
2015 11.2% 32 Critical Intervention Needed Decline Risk
2014 9.3% 34 Critical Intervention Needed Decline Risk
2013 8.1% 34 Critical Intervention Needed Recovery
2012 12.6% 32 Critical Intervention Needed Decline Risk
2011 9.7% 40 Financially Distressed Stable Watch

Officer compensation history

Tax year 2026

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 5.8% of Rev
STEPHANIE C KIM Board Member
ELLEN R ROGERS Board Member
SCOTT S LUC Treasurer
JOSHUA K MALARSKY Board Member
JEFFREY BOLDT Board Member
KRISTEN D BOICE Board Member
MARY C BOWMAN Secretary
MELISSA COHEN Board Member
ADRIANNE EPSTEIN Board Member
BRUCE E HESLIN Board Member
MO MERHOFF Board Member
JOHN OBRIEN Board Member
MICHELLE PHEFFER Board Member
KRISTEN ROBERTSON Board Member
DONALD E KNEBEL Board President
KATHERINE B APPEL Board Member
THOMAS W BEELER Board Member
JASON R BOYEWSKY Board Member
D PETER DUNBAR Board Member
JEFFREY E GOOD Board Member
CONNIE R HORWITZ Board Member
CHARLIE MORGAN Board Member
JAMES UPDIKE Board Member
KATHARINE MOTHERSHEAD-KRUSE Board Member
HILARY STOUT SALATICH Board Member
CAROLYN M SCHAEFER GRAY Board Member
CHARLES P SUTPHIN Board Member
LYNN C TYLER Board Member
LYNN C WILSON Board Member
QUINN SHEPHERD Board Member
ALI SHEPHERD Board Member
ROGER SINGH Board Member
JOHN WALLS Board Member
TAMMY HANEY Board Member
ANN M SOARDS Board Member
J KEITH STUCKER Board Member
LAURIE B TANSELLE Board Member
JEFF BODKIN Board Member
JONATHAN SUNDHEIMER Board Member

Tax year 2025

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 5.0% of Rev
STEPHANIE C KIM Board Member
TODD C LADY Board President
ELLEN R ROGERS Board President
SCOTT S LUC Treasurer
JOSHUA K MALARSKY Board President
JEFFREY BOLDT Board Member
KRISTEN D BOICE Board Member
MARY C BOWMAN Secretary
MELISSA COHEN Board Member
ADRIANNE EPSTEIN Board Member
BRUCE E HESLIN Board Member
JEANINE KERRIDGE Board Member
MO MERHOFF Board Member
JOHN O'BRIEN Board Member
MICHELLE PHEFFER Board Member
ILISSA E RASSNER Board Member
KRISTEN ROBERTSON Board Member
DONALD E KNEBEL Board President
KATHERINE B APPEL Board Member
THOMAS W BEELER Board Member
JASON R BOYEWSKY Board Member
D PETER DUNBAR Board Member
JEFFREY E GOOD Board Member
CONNIE R HORWITZ Board Member
CHARLIE MORGAN Board Member
KATHARINE MOTHERSHEAD-KRUSE Board Member
HILARY STOUT SALATICH Board Member
CAROLYN M SCHAEFER GRAY Board Member
CHARLES P SUTPHIN Board Member
LYNN C TYLER Board Member
LYNN C WILSON Board Member
JAMES UPDIKE Board Member
QUINN SHEPHERD Board Member
ALI SHEPHERD Board Member
ROGER SINGH Board Member
JOHN WALLS Board Member
TAMMY HANEY Board Member
BRIAN SMILER Board Member
ANN M SOARDS Board Member
J KEITH STUCKER Board Member
LAURIE B TANSELLE Board Member
JUSTIN M VERBETEN Board Member

Tax year 2023

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 4.9% of Rev
KATHERINE B APPEL Board Member
THOMAS W BEELER Board Member
JASON R BOYEWSKY Board Member
D PETER DUNBAR Board Member
JEFFREY E GOOD Board Member
CONNIE R HORWITZ Board Member
CHARLIE MORGAN Board Member
KATHERINE MOTHERSHEAD KRUSE Board Member
HILARY STOUT SALATICH Board Member
CAROLYN M SCHAEFER GRAY Board Member
CHARLES P SUTPHIN Board Member
LYNN C TYLER Board Member
LYNN C WILSON Board Member
STEPHANIE C KIM Board President
TODD C LADY Board President
ELLEN R ROGERS Secretary
LAURIE TANSELLE Treasurer
JOSHUA K MALARSKY Board President
JAY H BLACK Board Member
KRISTEN D BOICE Board Member
MARY BOWMAN Board Member
MELISSA COHEN Board Member
PATRICK A DREWRY Board Member
JEREMY DULING Board Member
ADRIANNE EPSTEIN Board Member
LYNDA GOEKE Board Member
BRUCE E HESLIN Board Member
SYDNIE JOHNSON Board Member
SCOTT S LUC Board Member
SARAH LUEDTKE Board Member
JEANINE KERRIDGE Board Member
BRETT D MCKAMEY Board Member
MO MERHOFF Board Member
JOHN O'BRIEN Board Member
JILL O'MALIA Board Member
MICHELLE PHEFFER Board Member
ILISSA RASSNER Board Member
KRISTEN ROBERTSON Board Member
MUNJOT SAHU Board Member
BRIAN SMILER Board Member
ANN M SOARDS Board Member
J KEITH STUCKER Board Member
JOANNA TUOHY Board Member
JUSTIN M VERBETEN Board Member
TIFFANY WHISNER Board Member
DONALD E KNEBEL Board Member

Tax year 2022

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 4.4% of Rev
STEPHANIE C KIM Board President
TODD C LADY Board President
DONALD E KNEBEL Board President
LAURIE TANSELLE Secretary
JOSHUA K MALARSKY Treasurer
JAY H BLACK Board Member
KRISTEN D BOICE Board Member
MARY BOWMAN Board Member
MELISSA COHEN Board Member
PATRICK A DREWRY Board Member
LESLIE GALBREATH Board Member
LYNDA GOEKE Board Member
BRUCE E HESLIN Board Member
SARAH HONAKER Board Member
SCOTT S LUC Board Member
SARAH LUEDTKE Board Member
JEANINE KERRIDGE Board Member
VIVIAN LAWHEAD Board Member
BRETT D MCKAMEY Board Member
MAUREEN MERHOFF Board Member
JOHN O'BRIEN Board Member
JILL O'MALIA Board Member
MICHELLE PHEFFER Board Member
ILISSA RASSNER Board Member
KRISTEN ROBERTSON Board Member
ELLEN R ROGERS Board Member
MUNJOT SAHU Board Member
BRIAN SMILER Board Member
ANN M SOARDS Board Member
J KEITH STUCKER Board Member
JOANNA TUOHY Board Member
JUSTIN M VERBETEN Board Member
TIFFANY WHISNER Board Member
KATHERINE B APPEL Board Member
THOMAS W BEELER Board Member
JASON R BOYEWSKY Board Member
D PETER DUNBAR Board Member
JEFFREY E GOOD Board Member
CONNIE R HORWITZ Board Member
CHARLIE MORGAN Board Member
KATHERINE MOTHERSHEAD-KRUSE Board Member
HILARY STOUT SALATICH Board Member
CAROLYN M SCHAEFER GRAY Board Member
CHARLES P SUTPHIN Board Member
LYNN C TYLER Board Member
LYNN C WILSON Board Member

Tax year 2021

Name Title Phone Email Compensation
MICHAEL J LASLEY Artistic Director 4.2% of Rev
STEPHANIE C KIM Board President
TODD C LADY Board President
DONALD E KNEBEL Board President
JAY A FELLER Board President
LAURIE TANSELLE Secretary
JOSHUA K MALARSKY Treasurer
KRISTEN D BOICE Board Member
MARY BOWMAN Board Member
MELISSA COHEN Board Member
PATRICK A DREWRY Board Member
LYNDA GOEKE Board Member
BRUCE E HESLIN Board Member
SARAH HONAKER Board Member
SCOTT S LUC Board Member
SARAH LUEDTKE Board Member
JEANINE KERRIDGE Board Member
VIVIAN LAWHEAD Board Member
BRETT D MCKAMEY Board Member
CORRIE MEYER Board Member
JOHN O'BRIEN Board Member
JILL O'MALIA Board Member
MICHELLE PHEFFER Board Member
ILISSA RASSNER Board Member
KRISTEN ROBERTSON Board Member
ELLEN R ROGERS Board Member
MUNJOT SAHU Board Member
BRIAN SMILER Board Member
ANN M SOARDS Board Member
J KEITH STUCKER Board Member
JOANNA TUOHY Board Member
JUSTIN M VERBETEN Board Member
TIFFANY WHISNER Board Member
KATHERINE B APPEL Board Member
THOMAS W BEELER Board Member
JASON R BOYEWSKY Board Member
D PETER DUNBAR Board Member
JEFFREY E GOOD Board Member
CONNIE R HORWITZ Board Member
CHARLIE MORGAN Board Member
KATHERINE MOTHERSHEAD KRUSE Board Member
HILARY STOUT SALATICH Board Member
CAROLYN M SCHAEFER GRAY Board Member
CHARLES P SUTPHIN Board Member
LYNN C TYLER Board Member
LYNN C WILSON 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
58 / 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 121 other orgs in IN with NTEE prefix A6.

Most-divergent component: financial score sits 40 points below the peer median (0 vs. 40).

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

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.