School for Advanced Research
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
Where the income comes from
- Contributions & grants 75%
- Program services 4.3%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Festival at Sandpoint Inc | Sandpoint | $2.5m |
| American Institute of Indian Studies University of Chicago | Oakbrook Ter | $2.5m |
| Central Coast Performing Arts Center Commission | San Luis Obispo | $2.5m |
| Community Music School of Springfield Inc | Springfield | $2.5m |