Santa Fe Institute

Analysis

Santa Fe Institute is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Santa Fe Institute reported income of $9.2m and spending of $46.3m, spending 502% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.3m to $9.2m (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 369%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Fe Institute sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NM. Charities of a similar size with the same main cause include Center for Independent Documentary Inc ($9.2m), Grounds for Sculpture Inc ($9.2m) and Space Science Institute ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $1.3m (2.8% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $51.6m against liabilities of $2.0m, net assets of $49.6m. It reported 94 employees.