2025-04-28T10:41:51-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 6501 AMERICAS PARKWAY NE SUITE 500 ALBUQUERQUE NM 87110 990 2023-01-01 850325494 SANTA FE INSTITUTE SANT 5059848800 1399 HYDE PARK ROAD SANTA FE NM 87501 DAVID KRAKAUER PRESIDENT 5059848800 2025-04-25 1 1 STEPHEN LIVINGSTON P00317845 5058428290 2025-04-17 2023 2025-03-06 01:10:19Z X DAVID KRAKAUER 1399 HYDE PARK ROAD SANTA FE NM 87501 21320783 0 X HTTP://WWW.SANTAFE.EDU X 1984 NM INDEPENDENT NOT-FOR-PROFIT RESEARCH AND EDUCATION. 28 28 94 30 0 0 8380780 7456254 1889573 1060268 1140495 724918 0 0 11410848 9241440 152665 45191 0 0 8967772 9180045 0 0 133738 6278076 7456002 15398513 16681238 -3987665 -7439798 86579005 51582043 3460529 1991088 83118476 49590955 X 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. 0 0 10503643 45191 1060268 2023 SANTA FE INSTITUTE SCIENCE ACTIVITIES AND ACCOMPLISHMENTS - SEE SCHEDULE O. 10503643 1 1 0 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 169 0 1 94 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X JANET GUNN 5059463644 1399 HYDE PARK RD SANTA FE NM 87501 KATHERINE COLLINS CHAIR OF THE BOARD, TRUSTEE 2.50 X 0 0 0 GARY BENGIER TRUSTEE 0.50 X 0 0 0 ROSS BUHRDORF TRUSTEE 0.50 X 0 0 0 JOHN CHISHOLM TRUSTEE 0.50 X 0 0 0 ELIZABETH DAVIS TRUSTEE 0.50 X 0 0 0 FRED DOTZLER TRUSTEE 0.50 X 0 0 0 BILL GURLEY TRUSTEE 0.50 X 0 0 0 JOHN HAGEL III TRUSTEE 0.50 X 0 0 0 MARI KOOI TRUSTEE 0.50 X 0 0 0 MICHAEL MAUBOSSIN TRUSTEE 0.50 X 0 0 0 ROBERT MAXFIELD TRUSTEE 0.50 X 0 0 0 IAN MCKINNON VICE CHAIR, TRUSTEE 1.00 X 0 0 0 JOHN H MILLER EX OFFICIO 1.00 X 0 0 0 DARLA MOORE TRUSTEE 0.50 X 0 0 0 JERRY MURDOCK TRUSTEE 0.50 X 0 0 0 GERRY OHRSTROM TRUSTEE 0.50 X 0 0 0 PIERRE OMIDYAR TRUSTEE 0.50 X 0 0 0 JAMES PALOTTA TRUSTEE 0.50 X 0 0 0 SAM PETERS TRUSTEE 1.00 X 0 0 0 TOBY SHANNAN TRUSTEE 0.50 X 0 0 0 GRAHAM SPENCER TRUSTEE 0.50 X 0 0 0 EUGENE STARK TRUSTEE 0.50 X 0 0 0 VIJAY ULLAL TRUSTEE 0.50 X 0 0 0 D A WALLACH TRUSTEE 0.50 X 0 0 0 JOSH WOLFE TRUSTEE 0.50 X 0 0 0 CORMAC MCCARTHY TRUSTEE 0.50 X 0 0 0 JIM RUTT TRUSTEE 0.50 X 0 0 0 DAN TIERNEY TRUSTEE 0.50 X 0 0 0 DAVID KRAKAUER PRESIDENT 37.50 X 345268 0 56477 JANET GUNN SECRETARY/VP - ADMIN 37.50 X 166140 0 63530 SUZETTE FRONK CHIEF FINANCIAL OFFICER 37.50 X 130805 0 32357 JENNIFER DUNNE VP - SCIENCE 37.50 X 250164 0 50990 WILLIAM M TRACY VP - STRATEGIC PARTNERSHIPS 37.50 X 206784 0 16777 GEOFFREY WEST DISTINGUISHED PROFESSOR 37.50 X 286913 0 43557 MELANIE MITCHELL PROFESSOR 37.50 X 219871 0 69470 SIDNEY REDNER PROFESSOR 37.50 X 218874 0 41094 DAVID WOLPERT PROFESSOR 37.50 X 183152 0 37889 CRIS MOORE PROFESSOR 37.50 X 180536 0 45072 2188507 0 457213 20 0 1 0 SANTA FE STYLE BUILDERS LLC 2925 RUFINA ST SANTA FE NM 87507 CONTRACTOR 1648273 STONEBRIDGE CONSTRUCTION & DESIGN 3229 TOWER RD SW ALBUQUERQUE NM 87121 CONSTRUCTION 964038 HOTEL SANTA FE 1501 PASEO DE PERALTA SANTA FE NM 87501 EVENTS/ROOMS/CATERING 388747 WALTER BURKE CATERING 1209 CALLE DE COMERCIO SANTA FE NM 87507 CATERING 307268 INSTITUTE OF AMERICAN INDIAN ARTS 83 AVAN NU PO ROAD SANTA FE NM 87508 MEALS & HOUSING 161677 11 1468250 5988004 248089 7456254 ACTION 541700 554130 554130 TUITION 541700 279499 279499 WORKSHOPS 541700 226639 226639 1060268 1028522 1028522 11775739 12079343 -303604 -303604 -303604 9241440 1060268 0 724918 X 45191 45191 1319292 639378 594961 84953 6520079 4418738 2078440 22901 120316 105764 14552 714501 506901 202365 5235 505857 349579 150711 5567 214175 214175 1877914 1185900 692014 55532 55532 276559 108074 168485 256067 75389 179061 1617 181869 135813 46056 965652 928994 36645 13 141728 17 141711 451060 336835 114225 367193 2236 358326 6631 FOOD & BEVERAGE 973144 546824 419841 6479 LODGING 957749 939447 18302 MAINTENCE & REPAIR 239500 22388 217112 SUPPLIES 237779 69087 168692 260081 87088 172651 342 16681238 10503643 6043857 133738 4723323 1499250 425434 417338 35617497 3265895 537780 360402 158479 115667 23683148 7183364 13545664 16499784 30901552 28711155 117600 117600 551676 594952 86579005 51582043 1500785 1644421 4500 346667 1932152 0 23092 0 3460529 1991088 X 7820081 9778200 75298395 39812755 83118476 49590955 86579005 51582043 X -7439798 3579099 -29666822 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 4 33.00 0 0 0 1 1 40.00 1000 0 551676 0 0 X 0 15363585 2147041 698638 16811988 18643370 -2620932 658853 15363585 12677724 5000000 1582014 616368 18643370 14444017 -1194341 571952 12677724 11673110 3297919 527012 14444017 0.00000 0.00000 1.00000 0 0 4867375 4867375 13392405 6584572 6807833 671311 671311 828766 590192 238574 3923291 8600 3914691 16499784 12606364 3579099 3579099 9027265 214175 214175 9241440 46133885 29666822 29666822 16467063 214175 214175 16681238 PART II, LINE 5: AT LEAST ANNUALLY, THE INDIVIDUAL RESPONSIBLE FOR SFI FACILITIES WILL MONITOR AND INSPECT ANY AND ALL CONSERVATION EASEMENTS. SFI, ITS STAFF, AND ITS CONTRACTORS WILL COOPERATE WITH THE SANTA FE CONSERVATION TRUST (SFCT) TO PROVIDE ACCESS FOR SFCT INSPECTIONS AND TO SEEK THEIR GUIDANCE TO ENSURE COMPLIANCE. ANY AND ALL VIOLATIONS OF THE EASEMENT WILL BE BROUGHT TO THE ATTENTION OF SENIOR MANAGEMENT. SFI WILL TAKE APPROPRIATE ACTIONS TO CORRECT ANY VIOLATIONS, INCLUDING COMPELLING OTHERS TO MAINTAIN COMPLIANCE WITH THE EASEMENT OR RESTRICTING THEIR ACCESS IF THEY FAIL TO COMPLY. PART II, LINE 9: THE CONSERVATION EASEMENTS REFERENCED IN PART II OF SCHEDULE D CONTAIN RESTRICTIONS PLACED ON THE USE OF PROPERTY THAT WAS DONATED TO THE INSTITUTE. THESE RESTRICTIONS WERE CONSIDERED BY APPRAISERS IN DETERMINING THE VALUE OF THE DONATED PROPERTY. THE FOOTNOTES TO THE INSTITUTE'S FINANCIAL STATEMENTS THAT ADDRESS THE ACCOUNTING FOR DONATED PROPERTY ARE AS FOLLOWS: REVENUE RECOGNITION - THE INSTITUTE REPORTS GIFTS OF LAND, BUILDINGS, AND EQUIPMENT AS SUPPORT WITHOUT DONOR RESTRICTIONS UNLESS RESTRICTIONS ARE PLACED ON THE ASSET BY THE DONOR. GIFTS OF LONG-LIVED ASSETS WITH EXPLICIT RESTRICTIONS THAT SPECIFY HOW THE ASSETS ARE TO BE USED AND GIFTS OF CASH OR OTHER ASSETS THAT MUST BE USED TO ACQUIRE LONG-LIVED ASSETS ARE REPORTED AS SUPPORT WITH DONOR RESTRICTIONS. ABSENT EXPLICIT DONOR STIPULATIONS ABOUT HOW LONG THOSE LONG-LIVED ASSETS MUST BE MAINTAINED, THE INSTITUTE REPORTS EXPIRATIONS OF DONOR RESTRICTIONS WHEN THE DONATED OR ACQUIRED LONG-LIVED ASSETS ARE PLACED IN SERVICE. PROPERTY AND EQUIPMENT - PROPERTY AND EQUIPMENT ARE STATED AT COST OR FAIR MARKET VALUE WHEN RECEIVED, IF DONATED. PROVISION FOR DEPRECIATION IS COMPUTED USING THE STRAIGHT-LINE METHOD OVER THE ESTIMATED USEFUL LIFE OF THE PROPERTY. PART III, LINE 4: ART COLLECTION MAY OR MAY NOT BE ON PUBLIC DISPLAY THROUGHOUT THE INSTITUTE. ART IS PURELY FOR DECORATION PURPOSES TO ENHANCE THE BEAUTY OF THE INSTITUTE. PART V, LINE 4: THE INSTITUTE'S ENDOWMENT CONSISTS OF A SINGLE POOLED FUND. ALL ENDOWMENTS ARE CLASSIFIED AS NET ASSETS WITH DONOR RESTRICTIONS AS PER THE ENDOWMENT AGREEMENTS. INCOME IS AVAILABLE AND USED FOR PURPOSES DEEMED APPROPRIATE BY THE INSTITUTE SUBJECT TO USE RESTRICTIONS IMPOSED BY DONOR GIFT AGREEMENTS INFORMED BY INTERNAL POLICIES. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. APPROPRIATION OF FUNDS IS DETERMINED, IN PART, BASED ON DONOR STIPULATIONS AND APPROVED BY THE INSTITUTE'S FINANCE COMMITTEE. PART XII, LINE 2D - OTHER ADJUSTMENTS: PLEDGE WRITE-OFF, SEE ADDITIONAL EXPLANATION IN SCHEDULE O 29,666,822. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL RECRUITMENT, ADVERTISING, OR OTHER SOLICITATIONS INCLUDE SFI'S NONDISCRIMINATORY POLICY, NO LESS THAN ANNUALLY. SCHEDULE E, PART I, LINE 6 EXPLANATION OF GOVERNMENT FINANCIAL AID: THE ORGANIZATION RECEIVES GOVERNMENT GRANTS TO SUPPORT RESEARCH ON VARIOUS SCIENTIFIC TOPICS THAT THE ORGANIZATION SUPPORTS. 1 UNIVERSITY OF NEW MEXICO 1 UNIVERSITY OF NEW MEXICO ALBUQUERQUE NM 87131 856000642 NM GOVERNMENTAL 12490 0 FOUNDATIONS OF INTELLIGENCE IN NATURAL & ARTIFICIAL SYSTEMS UNIVERSITY OF COLORADO - BOULDER 552 UCB BOULDER CO 80309 846000555 CO GOVERNMENTAL 23291 0 RESEARCH PROJECT 2 PART I, LINE 2: BASED ON COLLABORATIVE PROPOSALS SUBMITTED WITH SUBAWARDEES, FINANCIAL MANAGEMENT SYSTEMS QUESTIONNAIRES, POLICIES AND PROCEDURES ON SUBRECIPIENT MONITORING, STATEMENTS OF THE SCOPE OF WORK, AND BUDGET PROPOSALS, THE ORGANIZATIONS SET UP SUB-AWARD AGREEMENTS WITH EACH SUBAWARDEE. EACH SUBWARDEE SIGNS AND CERTIFIES COMPLIANCE WITH THE AGREEMENT, WHICH IS MAINTAINED THROUGHOUT THE PERIOD OF PERFORMANCE. SANTA FE INSTITUTE REVIEWS ON, AT LEAST, AN ANNUAL BASIS THE SUBAWARDEE'S DATA COLLECTION FORMS FOR REPORTING ON AUDITS OF STATES, LOCAL GOVERNMENTS, AND NON-PROFIT ORGANIZATIONS, FINANCIAL STATEMENTS, AND OTHER ACCOUNTING DOCUMENTS TO DETERMINE HOW GRANTS WERE SPENT, BUDGET COMPLIANCE, AND IF ANY AUDIT FINDINGS RELATING TO THE EXPENDITURE OF THE SUB-AWARD WERE NOTED IN THE TAX RETURN AND/OR FINANCIAL STATEMENTS. X X X X X 0 0 0 0 0 0 0 1 0 DAVID KRAKAUER PRESIDENT 345268 0 0 0 0 0 30000 0 26477 0 401745 0 0 0 GEOFFREY WEST DISTINGUISHED PROFESSOR 286288 0 0 0 625 0 30000 0 13557 0 330470 0 0 0 JENNIFER DUNNE VP - SCIENCE 190164 0 0 0 60000 0 30000 0 20990 0 301154 0 0 0 MELANIE MITCHELL PROFESSOR 219871 0 0 0 0 0 30000 0 39470 0 289341 0 0 0 SIDNEY REDNER PROFESSOR 218874 0 0 0 0 0 20800 0 20294 0 259968 0 0 0 JANET GUNN SECRETARY/VP - ADMIN 160140 0 0 0 6000 0 30000 0 33530 0 229670 0 0 0 CRIS MOORE PROFESSOR 180536 0 0 0 0 0 7542 0 37530 0 225608 0 0 0 WILLIAM M TRACY VP - STRATEGIC PARTNERSHIPS 169784 0 0 0 37000 0 8280 0 8497 0 223561 0 0 0 DAVID WOLPERT PROFESSOR 183152 0 0 0 0 0 30000 0 7889 0 221041 0 0 0 SUZETTE FRONK CHIEF FINANCIAL OFFICER 130805 0 0 0 0 0 20539 0 11818 0 163162 0 0 0 PART I, LINE 3 THE PRESIDENT'S COMPENSATION IS DETERMINED BY A LETTER OF AGREEMENT NEGOTIATED BY THE TRUSTEES. IN NEGOTIATING THE AGREEMENT, THE TRUSTEES USE COMPARABILITY DATA FROM VARIOUS ACADEMIC INSTITUTIONS AND OTHER RELEVANT PERIODICALS AND STUDIES. ANNUALLY, THE TRUSTEES EVALUATE THE PRESIDENT'S PERFORMANCE IN THE COMPENSATION REVIEW. THESE ACTIONS ARE DOCUMENTED IN THE MINUTES OF THE MEETINGS. THE COMPENSATION PROCESS FOR OTHER OFFICERS, INCLUDING VICE PRESIDENTS AND BOARD SECRETARY, IS DETERMINED BY THE PRESIDENT USING COMPARABILITY DATA FROM SIMILAR ACADEMIC INSTITUTIONS AND OTHER RELEVANT PERIODICALS AND STUDIES, AS APPROPRIATE. PART I, LINE 7 SOME BONUSES WERE PAID TO EMPLOYEES WHO ENGAGED IN ACTIVITIES THAT WERE ABOVE AND BEYOND THE NORMAL SCOPE OF RESPONSIBILITES. X 4 248089 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER OF DONORS ARE LISTED. FORM 990, ITEM B, PAGE 1, AMENDED RETURN AMENDING RETURN TO REPORT A PARTIALLY UNCOLLECTIBLE PLEDGE ON PART XI, LINE 9 IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, RATHER THAN AS PREVIOUSLY REPORTED ON PART I, LINE 16B AND PART IX, LINE 24A. DURING 2023, SANTA FE INSTITUTE (SFI) DETERMINED THAT AN APPROXIMATELY $30 MILLION PLEDGE WAS NOT COLLECTIBLE AND WAS CANCELLED BY SFI. THE FORM 990 INSTRUCTIONS SPECIFY THAT UNCOLLECTIBLE PLEDGES FROM PRIOR YEARS SHOULD BE REPORTED ON PART XI, LINE 9 (OTHER CHANGES IN NET ASSETS) WITH AN EXPLANATION PROVIDED IN SCHEDULE O. SCHEDULE D, PART XII, IS AMENDED TO REFLECT A RECONCILING ITEM BETWEEN THE PRESENTATION OF THE UNCOLLECTIBLE PLEDGE ON SFI'S AUDITED FINANCIAL STATEMENTS AND THE EXPENSES REPORTED ON THIS AMENDED FORM 990. FORM 990, PART III, LINE 4A 2023 SANTA FE INSTITUTE SCIENCE ACTIVITIES AND ACCOMPLISHMENTS: - SCIENCE PERSONNEL: IN 2023, SFI HAD ELEVEN RESIDENT FACULTY, ADDED NINE NEW EXTERNAL PROFESSORS, HAD FIVE FRACTAL FACULTY MEMBERS, AND HOSTED 22 POSTDOCTORAL FELLOWS, INCLUDING SIX WHO MOVED ON TO OTHER POSITIONS. IN TOTAL, AS OF THE END OF 2023, THERE WERE 183 FORMALLY AFFILIATED RESEARCHERS OF SFI, INCLUDING POSTDOCTORAL FELLOWS, RESIDENT FACULTY, FRACTAL FACULTY, EXTERNAL FACULTY, EXTERNAL FACULTY FELLOWS, MEMBERS OF THE SCIENCE BOARD, AND SCIENCE BOARD FELLOWS. - SCIENCE VISITORS & SEMINARS: IN OUR FIRST FULL IN-PERSON YEAR SINCE 2019 (DUE TO THE PANDEMIC), SFI HOSTED 1125 IN-PERSON VISITORS/PARTICIPANTS AND 95 IN-PERSON SEMINARS. OUR FLAGSHIP COLLOQUIUM SEMINAR SERIES FEATURED SEVEN SPEAKERS. IN ADDITION TO IN-PERSON ACTIVITY, DOZENS OF PEOPLE JOINED MEETINGS AND SEMINARS VIRTUALLY. THESE LEVELS OF ACTIVITY REPRESENT AN INCREASE IN IN-PERSON SCIENCE VISITORS/PARTICIAPNTS AND SEMINARS OVER 2022 AND COMPARABLE LEVELS TO THE LAST FULL PRE-PANDEMIC YEAR, 2019. - SCIENCE MEETINGS: SFI HOSTED 45 IN-PERSON SCIENCE MEETINGS, NEARLY DOUBLE THE AMOUNT OF IN-PERSON SCIENCE MEETINGS IN 2022 AND COMPARABLE TO LEVELS IN 2019. 16 OF THE MEETINGS WERE MAJOR WORKSHOPS. - CONFERENCE: SFI HOSTED ITS FIRST OFF-SITE CONFERENCE IN DOWNTOWN SANTA FE ON JUNE 20-22, 2023 ON COLLECTIVE INTELLIGENCE: FOUNDATIONS + RADICAL IDEAS (A SANTA FE INSTITUTE SYMPOSIUM & SHORT COURSE). THE CONFERENCE CONSIDERED THE FOLLOWING QUESTION: WHAT IS THE NATURE OF INTELLIGENCE IN ANIMAL SOCIETIES, BRAINS, ADAPTIVE MATTER, HUMAN TEAMS & AI AND HOW DOES IT ARISE IN THESE SEEMINGLY DIFFERENT KINDS OF COLLECTIVES? THE PROGRAM INCLUDED 15 SPEAKERS AND 165 IN-PERSON PLUS 57 VIRTUAL PARTICIPANTS. - SPONSORED RESEARCH: THE SPONSORED RESEARCH OFFICE (SRO) PROVIDES SUPPORT AND TRAINING TO SFI RESEARCHERS TO IDENTIFY OPPORTUNITIES, DEVELOP PROPOSALS, OBTAIN FUNDS, AND ADMINISTER EXTERNAL GRANTS FOR RESEARCH ACTIVITIES. IN 2023, SFI RESEARCHERS APPLIED FOR 13 FEDERAL, FOUNDATION, AND INTERNATIONAL GRANTS AND WERE AWARDED FIVE, FOR A SUCCESS RATE OF 38% AND A TOTAL OF $1.8 MILLION DOLLARS OF NEW EXTERNAL FUNDING. AT THE END OF 2023, THERE WERE 36 ACTIVE AWARDS ($16.8 MILLION). THE SRO ALSO CONTINUED THE NEW (AS OF 2022) LOU SCHUYLER POSTDOCTORAL RESEARCH FUND IN 2023. THE FUND'S OBJECTIVE IS TO INCREASE INDEPENDENCE AND RESEARCH PRODUCTIVITY AND TO ADVANCE THE FUTURE SCHOLARLY ENDEAVORS OF EARLY CAREER SFI SCHOLARS. IN 2023 FOUR POSTDOCTORAL FELLOWS WERE GRANTED THE SECOND SET OF AWARDS TOTALING $53,850. - COMMUNITY LECTURE SERIES: SFI'S 2023 COMMUNITY LECTURE SERIES, HELD AT THE LENSIC PERFORMING ARTS CENTER IN DOWNTOWN SANTA FE, WAS VOTED BEST LECTURE SERIES IN SANTA FE. THE 2023 SERIES FEATURED SEVEN LECTURES AND ONE PANEL DISCUSSION INVOLVING SFI RESIDENT FACULTY, EXTERNAL FACULTY, AND ONE MILLER SCHOLAR. THE MCKINNON FAMILY FOUNDATION UNDERWROTE THE SERIES, WITH ADDITIONAL SUPPORT FROM THE SANTA FE REPORTER AND THE LENSIC PERFORMING ARTS CENTER, SUCH THAT WE COULD CONTINUE TO HOST THESE EVENTS AT NO COST TO THE PUBLIC. THE EVENTS AVERAGED 647 IN-PERSON ATTENDEES (COMPARED TO 593 IN 2022), WITH THREE SOLD-OUT LECTURES. WE LIVE-STREAMED AND RECORDED THE LECTURES, RESULTING IN 13,828 VIEWS ON AVERAGE. 2023 SANTA FE INSTITUTE EDUCATION ACTIVITIES: - THE UNDERGRADUATE COMPLEXITY RESEARCH PROGRAM OFFERED 9 UNDERGRADUATE STUDENTS FROM SCHOOLS ACROSS AMERICA A 10-WEEK IMMERSIVE MENTORED RESEARCH EXPERIENCE. - OUR HALLMARK EDUCATION PROGRAM, THE COMPLEX SYSTEMS SUMMER SCHOOL, OFFERED ADVANCED INSTRUCTION AND COLLABORATIVE RESEARCH OPPORTUNITIES TO 50 PHD STUDENTS AND POSTDOCS FROM AROUND THE WORLD. THREE DISTINCT 1- AND 2-WEEK TOPICAL WORKSHOPS (2 SPONSORED BY NSF OR NEH GRANTS) PROVIDED TRAINING IN QUANTITATIVE SOCIAL SCIENCES AND DIGITAL HUMANITIES TO 47 PHD STUDENTS FROM THE US AND EU. - A 3-WEEK VIRTUAL SCHOOL CONVENED 64 GLOBAL PARTICIPANTS FROM ACADEMIA, NGOS, AND THE CORPORATE SECTOR TO LEARN ABOUT AND APPLY COMPLEX SYSTEMS APPROACHES IN AN AFFORDABLE AND ACCESSIBLE FORMAT. - COMPLEXITYEXPLORER.ORG ONLINE EDUCATION PLATFORM PROVIDED ASYNCHRONOUS, ON-DEMAND, NO- OR LOW-COST COMPLEXITY SCIENCE COURSES TO 6,595 ACTIVE USERS. 2023 SANTA FE INSTITUTE ACTION (APPLIED COMPLEXITY NETWORK) ACTIVITIES: - ACTION MEETINGS: SFI CONVENED 7 APPLIED COMPLEXITY MEETINGS. EXCLUDING SPEAKERS, THERE WERE 535 TOTAL ATTENDANCES, INCLUDING 109 ATTENDANCES BY SFI-AFFILIATED RESEARCHERS, 29 ATTENDANCES BY UNAFFILIATED RESEARCHERS, 223 PRACTITIONER ATTENDANCES, AND 174 OTHERS. THIS CORRESPONDED TO 72 UNIQUE SFI-AFFILIATED RESEARCHER ATTENDEES, 28 UNIQUE UNAFFILIATED RESEARCHERS ATTENDEES, 133 UNIQUE PRACTITIONER ATTENDEES AND 142 OTHERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY SENIOR MANAGEMENT AND SUBMITTED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. THE COMPLETED 990 IS THEN PRESENTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES, MANAGEMENT, AND BOARD MEMBERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. EMPLOYEES AND MANAGEMENT ATTEST TO THEIR INDEPENDENCE WHEN HIRED AND ARE REQUIRED TO INFORM THE ORGANIZATION SHOULD THEIR SITUATION CHANGE. BOARD MEMBERS RECEIVE THE CONFLICT-OF-INTEREST POLICY UPON APPOINTMENT AND ARE REQUIRED TO ATTEST TO THEIR INDEPENDENCE ANNUALLY. CONFLICT DETERMINATIONS ARE MADE AND REVIEWED BY MANAGEMENT OR THE CHAIR OF THE BOARD OF TRUSTEES, AS APPROPRIATE. A CONFLICTED INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS CONCERNING THE SUBJECT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED BY A LETTER AGREEMENT NEGOTIATED BY THE TRUSTEES. IN NEGOTIATING THE AGREEMENT, THE TRUSTEES USE COMPARABILITY DATA FROM VARIOUS ACADEMIC INSTITUTIONS AND OTHER RELEVANT PERIODICALS AND STUDIES. ANNUALLY, THE TRUSTEES EVALUATE THE PRESIDENT'S PERFORMANCE IN THE COMPENSATION REVIEW. THESE ACTIONS ARE DOCUMENTED IN THE MINUTES OF THE MEETINGS. THE COMPENSATION PROCESS FOR OTHER OFFICERS, INCLUDING VICE PRESIDENTS AND BOARD SECRETARY, IS DETERMINED BY THE PRESIDENT USING COMPARABILITY DATA FROM SIMILAR ACADEMIC INSTITUTIONS AND OTHER RELEVANT PERIODICALS AND STUDIES, AS APPROPRIATE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BASED UPON SPECIFIC REQUESTS BY INDIVIDUALS OR ORGANIZATIONS. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,185,900. MANAGEMENT AND GENERAL EXPENSES 692,014. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,877,914. FORM 990, PART IX, LINE 24E DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 37,699. MANAGEMENT AND GENERAL EXPENSES 108,920. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 146,619. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 46,484. MANAGEMENT AND GENERAL EXPENSES 60,955. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,439. TAXES AND LICENSES: PROGRAM SERVICE EXPENSES 2,905. MANAGEMENT AND GENERAL EXPENSES 2,776. FUNDRAISING EXPENSES 342. TOTAL EXPENSES 6,023. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGE, SEE ADDITIONAL EXPLANATION ABOVE IN SCHEDULE O -29,666,822. FORM 990, PART XIII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. RECONCILIATION OF NET ASSETS, PART XI, LINE 9 DURING 2023, SANTA FE INSTITUTE (SFI) DETERMINED THAT REMAINING AMOUNTS ON A PLEDGE OF $29,666,822 WOULD NOT BE COLLECTED AND WAS CANCELLED AND THAT AMOUNT WAS WRITTEN OFF ON SFI'S BOOKS.