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School for Advanced Research

RegisteredEIN 85-0125045Santa Fe, NMArts, culture, heritage and science
Income$2.5m2023-06
Spending$4.8msame year
Spent / received85%4-year average
Size in its cause93rd pctArts, culture, heritage and science
Exempt since1942Publicly supported organisat
Employees40latest return

Analysis

School for Advanced Research is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in April 1942, 84 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, School for Advanced Research reported income of $2.5m and spending of $4.8m, spending 187% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.7m to $2.5m (-31%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, School for Advanced Research sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NM. Charities of a similar size with the same main cause include Festival at Sandpoint Inc ($2.5m), American Institute of Indian Studies University of Chicago ($2.5m) and Central Coast Performing Arts Center Commission ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $298k (6.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $31.9m against liabilities of $319k, net assets of $31.5m. It reported 40 employees.

Income and spending

$0$1.9m$3.7m$5.6m$7.5m2020 Income: $3,684,3172020 Spending: $3,639,95520202021 Income: $7,481,8302021 Spending: $3,724,11320212022 Income: $5,150,7792022 Spending: $3,950,27420222023 Income: $2,544,1142023 Spending: $4,752,9642023
IncomeSpending

Where the income comes from

  • Contributions & grants 75%
  • Program services 4.3%
  • Other 21%

Similar-sized charities, same cause

CharityLocationIncome
Festival at Sandpoint IncSandpoint$2.5m
American Institute of Indian Studies University of ChicagoOakbrook Ter$2.5m
Central Coast Performing Arts Center CommissionSan Luis Obispo$2.5m
Community Music School of Springfield IncSpringfield$2.5m