School for Advanced Research

“The first draft of the 990 is reviewed in detail by the audit committee. After questions are answered and necessary changes are made, the final draft 990 is provided to the full board before the return is filed. A filing extension is typically requested as board members review and approve the 990 at the semi-annual meeting held at the end of february each year. The 990 is filed following board review and approval.”

“Effective november of 2013, the board adopted a more formal policy that now requires board members to be asked to review the conflict of interest policy annually and sign a statement that they are not in conflict with the policy each year. Each board member is covered under the conflict of interest policy administered by the governance committee. If a potential material conflict is idenitfied, the governance committee presents the information to the board for review. The board then votes on what action to take and/or restrictions or disciplinary action to impose. Documentation of any action is recorded in the minutes of the related governance committee meeting.”

“Compensation of the president is reviewed by the governance committee when renewal of the emplyment contract is under consideration. Data from comparable non-proofit entities is utilized to determine the contract terms and compensation package. Contract terms and compensation package proposal is presneted to the executive committee for review, discussion and approval. Discussion and decision are recorded in the executive committee minutes. This was last done in 2021. The president reviews compensation with the vp and the personnel director on an annual basis. Data from local non-profit entities and cost of living is considered. Documentation of compensation decisions is deemed confidential and is retained by the personnel director. This is done annually.”

“The organization's governing documents, conflict of interest policy and financial statements are made available to the public through the annual report.”

“The school for advanced research (sar) supports innovative research and public education through seminars, lectures, and residential fellowships focused on the comparative study of human societies; promotes indigenous creativity through artist residencies; and stewards one of the world's finest research collections of southwest native american art. Its vision is to be a nexus of scholars and artists, creative thinkers and curious learners, where we exchange ideas, bring life to history, explore the present, and broaden perspectives in pursuit of a more informed and equitable society.”

“Public programs - the creative thought forum (ctf) is the centerpiece of sar's public programs. The goal of the ctf is to provide access to exciting and innovative thinkers whose work illuminates topics of broad public concern ranging from climate change and growing social inequality to the unanticipated risks posed by new technologies. Other speakers may be working on projects of no immediate utility but which challenge our imagination and expand our sense of the possible. The ctf initiative complements sar's longstanding commitment to programming focused on the history and diverse cultures of the southwest. Through sar public programs, members and the general public are offered the opportunity to participate in public lectures, salons, scholar colloquia, artists' presentations, field trips, and other programs both virtually and on the sar campus. Sar strives to make programming available and engage inquiring minds with the work of emerging thought-leaders.”

“Equipment purchases and rental: program service expenses 4,203. Management and general expenses 6,110. Fundraising expenses 0. Total expenses 10,313. Less fundraising event expenses: program service expenses 0. Management and general expenses 0. Fundraising expenses -15,070. Total expenses -15,070.”

“Gaap fin. Stmt. Inventory writedown -9,934.”

“The organization has not changed its oversight or selection process during the tax year.”