SANTA FE INSTITUTE

EIN: 850325494 501(c)(3) Science & Technology

SANTA FE, NM

Total Revenue
$9,241,440
Total Expenses
$46,348,060
Total Assets
$51,582,043
Net Assets
$49,590,955
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NM
Principal Officer
DAVID KRAKAUER
Phone
5059848800
Tax Period
2023-01-01 to 2023-12-31

SANTA FE INSTITUTE, founded in 1984, is a community nonprofit in the Science & Technology sector that reported $9.2M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $46.3M exceeded revenue, resulting in a 402% operating deficit.

Mission

INDEPENDENT NOT-FOR-PROFIT RESEARCH AND EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,456,254
Program Service Revenue $1,060,268
Investment Income $724,918
Other Revenue $0
TOTAL REVENUE $9,241,440

Expense Breakdown

Grants Paid $45,191
Salaries & Benefits $9,180,045
Fundraising Expenses $29,800,560
Program Expenses $10,503,643
Other Expenses $37,122,824
TOTAL EXPENSES $46,348,060

Year-over-Year Comparison

2023 2022 Change
Revenue $9,241,440 $11,410,848 -0.2%
Expenses $46,348,060 $15,398,513 +2.0%
Net Income $-37,106,620 $-3,987,665 +8.3%
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
28
Employees
94
Volunteers
30

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
3
$794,577
Total Directors
28
$0
Key Employees
2
$524,715
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE COLLINS CHAIR OF THE BOARD, TRUSTEE 2.50
Director
$0 $0 $0
GARY BENGIER TRUSTEE 0.50
Director
$0 $0 $0
ROSS BUHRDORF TRUSTEE 0.50
Director
$0 $0 $0
JOHN CHISHOLM TRUSTEE 0.50
Director
$0 $0 $0
ELIZABETH DAVIS TRUSTEE 0.50
Director
$0 $0 $0
FRED DOTZLER TRUSTEE 0.50
Director
$0 $0 $0
BILL GURLEY TRUSTEE 0.50
Director
$0 $0 $0
JOHN HAGEL III TRUSTEE 0.50
Director
$0 $0 $0
MARI KOOI TRUSTEE 0.50
Director
$0 $0 $0
MICHAEL MAUBOSSIN TRUSTEE 0.50
Director
$0 $0 $0
ROBERT MAXFIELD TRUSTEE 0.50
Director
$0 $0 $0
IAN MCKINNON VICE CHAIR, TRUSTEE 1.00
Director
$0 $0 $0
JOHN H MILLER EX OFFICIO 1.00
Director
$0 $0 $0
DARLA MOORE TRUSTEE 0.50
Director
$0 $0 $0
JERRY MURDOCK TRUSTEE 0.50
Director
$0 $0 $0
GERRY OHRSTROM TRUSTEE 0.50
Director
$0 $0 $0
PIERRE OMIDYAR TRUSTEE 0.50
Director
$0 $0 $0
JAMES PALOTTA TRUSTEE 0.50
Director
$0 $0 $0
SAM PETERS TRUSTEE 1.00
Director
$0 $0 $0
TOBY SHANNAN TRUSTEE 0.50
Director
$0 $0 $0
GRAHAM SPENCER TRUSTEE 0.50
Director
$0 $0 $0
EUGENE STARK TRUSTEE 0.50
Director
$0 $0 $0
VIJAY ULLAL TRUSTEE 0.50
Director
$0 $0 $0
D A WALLACH TRUSTEE 0.50
Director
$0 $0 $0
JOSH WOLFE TRUSTEE 0.50
Director
$0 $0 $0
CORMAC MCCARTHY TRUSTEE 0.50
Director
$0 $0 $0
JIM RUTT TRUSTEE 0.50
Director
$0 $0 $0
DAN TIERNEY TRUSTEE 0.50
Director
$0 $0 $0
DAVID KRAKAUER PRESIDENT 37.50
Officer
$345,268 $56,477 $401,745
JANET GUNN SECRETARY/VP - ADMIN 37.50
Officer
$166,140 $63,530 $229,670
SUZETTE FRONK CHIEF FINANCIAL OFFICER 37.50
Officer
$130,805 $32,357 $163,162
JENNIFER DUNNE VP - SCIENCE 37.50
Key Emp
$250,164 $50,990 $301,154
WILLIAM M TRACY VP - STRATEGIC PARTNERSHIPS 37.50
Key Emp
$206,784 $16,777 $223,561
GEOFFREY WEST DISTINGUISHED PROFESSOR 37.50
Highest
$286,913 $43,557 $330,470
MELANIE MITCHELL PROFESSOR 37.50
Highest
$219,871 $69,470 $289,341
SIDNEY REDNER PROFESSOR 37.50
Highest
$218,874 $41,094 $259,968
DAVID WOLPERT PROFESSOR 37.50
Highest
$183,152 $37,889 $221,041
CRIS MOORE PROFESSOR 37.50
Highest
$180,536 $45,072 $225,608
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
2024 No data No data No data No data
2023 $9,241,440 $46,348,060 $51,582,043 $-37,106,620
2023 No data No data No data No data
2022 $11,410,848 $15,398,513 $86,579,005 $-3,987,665
2021 $57,773,982 $12,028,658 $95,101,684 $45,745,324
2020 $12,329,573 $10,513,706 $51,200,417 $1,815,867
2019 $10,320,985 $12,511,638 $49,920,847 $-2,190,653
2018 $11,577,927 $11,950,744 $43,800,092 $-372,817
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