SCHOOL FOR ADVANCED RESEARCH

EIN: 850125045 501(c)(3) Social Science

SANTA FE, NM

Total Revenue
$2,544,114
Total Expenses
$4,752,964
Total Assets
$31,851,144
Net Assets
$31,531,714
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
NM
Principal Officer
MICHAEL F BROWN
Phone
5059547200
Tax Period
2022-07-01 to 2023-06-30

SCHOOL FOR ADVANCED RESEARCH, founded in 1942, is a community nonprofit in the Social Science sector that reported $2.5M in total revenue in fiscal year 2022. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $4.8M exceeded revenue, resulting in a 87% operating deficit.

Mission

SAR ADVANCES UNDERSTANDING OF HUMANITY THROUGH A UNIQUE ALCHEMY OF CREATIVE PRACTICE AND SCHOLARLY RESEARCH IN NATIVE AMERICAN ARTS, ANTHROPOLOGY, AND RELATED DISCIPLINES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,895,672
Program Service Revenue $108,776
Investment Income $429,523
Other Revenue $110,143
TOTAL REVENUE $2,544,114

Expense Breakdown

Grants Paid $180,000
Salaries & Benefits $2,378,250
Fundraising Expenses $912,437
Program Expenses $3,132,776
Other Expenses $2,194,714
TOTAL EXPENSES $4,752,964

Year-over-Year Comparison

2022 2021 Change
Revenue $2,544,114 $5,150,779 -0.5%
Expenses $4,752,964 $3,950,274 +0.2%
Net Income $-2,208,850 $1,200,505 -2.8%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
26
Employees
40
Volunteers
50

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$298,137
Total Directors
32
$239,642
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BROWN PRESIDENT, DIRECTOR 40.00
Officer Director
$229,518 $10,124 $239,642
ESTEVAN RAEL-GALVEZ DIRECTOR 1.00
Director
$0 $0 $0
KEN COLE CHAIR 2.00
Officer Director
$0 $0 $0
ELIZABETH GLASSMAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOE BRACEWELL TREASURER 1.00
Officer Director
$0 $0 $0
JOHN ARROYO SECRETARY 1.00
Officer Director
$0 $0 $0
ALEX BARKER DIRECTOR 1.00
Director
$0 $0 $0
NANCY BERN DIRECTOR 1.00
Director
$0 $0 $0
NED BLACKHAWK DIRECTOR 1.00
Director
$0 $0 $0
DOROTHY BRACEY DIRECTOR 1.00
Director
$0 $0 $0
DON BRENNIS DIRECTOR 1.00
Director
$0 $0 $0
BRENDA CHILD DIRECTOR 1.00
Director
$0 $0 $0
LARRY COLTON DIRECTOR 1.00
Director
$0 $0 $0
JOE COLVIN DIRECTOR 2.00
Director
$0 $0 $0
THOMAS CONNER DIRECTOR 1.00
Director
$0 $0 $0
SUSAN FOOTE DIRECTOR 1.00
Director
$0 $0 $0
ED GALE DIRECTOR 1.00
Director
$0 $0 $0
DONALD LAMM DIRECTOR 1.00
Director
$0 $0 $0
LOUISE LAMPHERE DIRECTOR 1.00
Director
$0 $0 $0
JUNE LORENZO DIRECTOR 1.00
Director
$0 $0 $0
ANN MORTON DEVELOPMENT CHAIR 1.00
Director
$0 $0 $0
JOHN NIETO-PHILLIPS AAA CHAIR 1.00
Director
$0 $0 $0
JULIE RIVERS DIRECTOR 1.00
Director
$0 $0 $0
STEVE ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
JERRY SABLOFF DIRECTOR 1.00
Director
$0 $0 $0
DON SIEGEL DIRECTOR 1.00
Director
$0 $0 $0
GREG SMITH GOVERNANCE CHAIR 1.00
Director
$0 $0 $0
DIANE VENNEMA DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN WALL DIRECTOR 1.00
Director
$0 $0 $0
SCOTT WAUGH DIRECTOR 1.00
Director
$0 $0 $0
LYNNE WITHEY AUDIT CHAIR 1.00
Director
$0 $0 $0
DAVID YOUNG DIRECTOR 1.00
Director
$0 $0 $0
ALEX KALANGIS VP FIN. AND ADMIN 40.00
Officer
$52,587 $5,908 $58,495
JORGE FONSECA VP FIN. AND ADMIN 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,544,114 $4,752,964 $31,851,144 $-2,208,850
2022 $5,150,779 $3,950,274 $31,763,679 $1,200,505
2021 $7,481,830 $3,724,113 $35,302,768 $3,757,717
2020 $3,684,317 $3,639,955 $29,688,882 $44,362
2019 $3,321,789 $3,581,595 $30,778,123 $-259,806
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