SANTA FE INSTITUTE Charity Report

Public IRS 990 nonprofit record

SANTA FE INSTITUTE

EIN 85-0325494 · Science & Technology (U200)

What they do

THE SANTA FE INSTITUTE is A TRANSDISCIPLINARY RESEARCH COMMUNITY THAT EXPANDS THE BOUNDARIES of SCIENTIFIC UNDERSTANDING. ITS AIM is to DISCOVER, COMPREHEND, and COMMUNICATE THE COMMON FUNDAMENTAL PRINCIPLES IN COMPLEX PHYSICAL, COMPUTATIONAL, BIOLOGICAL, and SOCIAL SYSTEMS THAT UNDERLIE MANY of THE MOST PROFOUND PROBLEMS FACING SCIENCE and SOCIETY TODAY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $62.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

20.52%of revenue went to mission work62.7% of expenses · Program services

1.00%of revenue went to fundraising3.0% of expenses

$32.75spent for every $100 of revenueRevenue covered expenses this year.

11.23%of revenue went to management and office costs34.3% of expenses

$5.08in assets for every $1 spent this yearSome assets cannot be spent right away.

91.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $472,082 for DAVID KRAKAUER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$51,822,371

Mission workProgram services$10,636,50420.52% of revenue62.7% of expenses

ManagementOffice and general costs$5,819,54411.23% of revenue34.3% of expenses

FundraisingAsking for donations$517,5931.00% of revenue3.0% of expenses

Revenue left after expensesReported annual surplus$34,848,73067.25% of revenueShown in gray on the chart

Total expenses$16,973,64132.75% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 62.7% mission · 34.3% management · 3.0% fundraisingTotal expenses: 32.75% of revenue

2023Expense mix: 63.0% mission · 36.2% management · 0.8% fundraisingTotal expenses: 180.50% of revenue

2022Expense mix: 61.8% mission · 37.5% management · 0.7% fundraisingTotal expenses: 134.95% of revenue

2021Expense mix: 55.4% mission · 43.0% management · 1.6% fundraisingTotal expenses: 20.82% of revenue

2020Expense mix: 57.1% mission · 40.7% management · 2.2% fundraisingTotal expenses: 85.27% of revenue

2019Expense mix: 70.6% mission · 27.8% management · 1.6% fundraisingTotal expenses: 121.23% of revenue

2018Expense mix: 74.2% mission · 23.3% management · 2.5% fundraisingTotal expenses: 103.22% of revenue

2017Expense mix: 71.9% mission · 25.6% management · 2.5% fundraisingTotal expenses: 65.66% of revenue

Money in and money out

Revenue$51,822,371

Expenses$16,973,641

Annual surplus $34,848,730 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,636,504 · 62.7% of expenses

Management and office costs$5,819,544 · 34.3% of expenses

Fundraising$517,593 · 3.0% of expenses

See all reported dollar amounts

Revenue$51,822,371

Expenses$16,973,641

Assets$86,204,412

Income$83,470,867

Contributions$47,278,082

Mission work (program services)$10,636,504

Fundraising$517,593

Grants given$1,411,052

Average grant$39,196

Management and general$5,819,544

Stocks and bonds$38,188,478

Investing fees$178,384

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID KRAKAUERPRESIDENT · 38 hrs/week $472,082Base $444,647 · Other $27,435

GEOFFREY WESTDISTINGUISHED PROFESSOR · 38 hrs/week $305,592Base $292,350 · Other $13,242

JENNIFER DUNNEVP - SCIENCE · 38 hrs/week $282,769Base $261,549 · Other $21,220

MELANIE MITCHELLPROFESSOR · 38 hrs/week $262,339Base $231,089 · Other $31,250

SIDNEY REDNERPROFESSOR · 38 hrs/week $246,594Base $225,051 · Other $21,543

CRIS MOOREPROFESSOR · 38 hrs/week $226,795Base $187,529 · Other $39,266

WILLIAM M TRACYVP - STRATEGIC PARTNERSHIPS · 38 hrs/week $219,100Base $211,130 · Other $7,970

JANET GUNNSECRETARY/VP - ADMIN · 38 hrs/week $197,151Base $162,475 · Other $34,676

DAVID WOLPERTPROFESSOR · 38 hrs/week $196,801Base $188,690 · Other $8,111

SUZETTE FRONKCHIEF FINANCIAL OFFICER · 38 hrs/week $176,613Base $150,369 · Other $26,244

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (37)

DAVID KRAKAUERPRESIDENT

GEOFFREY WESTDISTINGUISHED PROFESSOR

JENNIFER DUNNEVP - SCIENCE

MELANIE MITCHELLPROFESSOR

SIDNEY REDNERPROFESSOR

CRIS MOOREPROFESSOR

WILLIAM M TRACYVP - STRATEGIC PARTNERSHIPS

JANET GUNNSECRETARY/VP - ADMIN

DAVID WOLPERTPROFESSOR

SUZETTE FRONKCHIEF FINANCIAL OFFICER

JOHN HAGEL IIITRUSTEE

BILL GURLEYTRUSTEE

VIJAY ULLALTRUSTEE

TOBY SHANNANTRUSTEE

CARL KAWAJATRUSTEE

SAM PETERSTRUSTEE

ROSS BUHRDORFTRUSTEE

ROBERT MAXFIELDTRUSTEE (THRU 8/24)

PIERRE OMIDYARTRUSTEE

MICHAEL MAUBOSSINTRUSTEE

D A WALLACHTRUSTEE

MARI KOOITRUSTEE

KATHERINE COLLINSCHAIR OF THE BOARD, TRUSTEE

JOSH WOLFETRUSTEE

JOHN H MILLEREX OFFICIO

JOHN CHISHOLMTRUSTEE

JERRY MURDOCKTRUSTEE

DAN TIERNEYTRUSTEE

JAMES PALOTTATRUSTEE

IAN MCKINNONVICE CHAIR, TRUSTEE

GRAHAM SPENCERTRUSTEE

GERRY OHRSTROMTRUSTEE

DARLA MOORETRUSTEE

GARY BENGIERTRUSTEE

FRED DOTZLERTRUSTEE

EUGENE STARKTRUSTEE

ELIZABETH DAVISTRUSTEE

About this charity

Recognized since: January 1984
Location: 1399 HYDE PARK ROAD, SANTA FE, NM 87501
County: Santa Fe
In care of: DAVID KRAKAUER
Primary officer: DAVID KRAKAUER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(505) 984-8800

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Science & Technology (U200)
Grant-giving organization: Yes