School for Advanced Research

“Committees include academic and artistic affairs (aaa), audit, development, finance, governance & nominations. These committees are made up of board members and sar functional staff directors. The aaa committee does have two non-board members. Aaa oversees accession and de-accession recommendations, policies regarding the collection and matters and policies concerning the school's scholar programs. The audit committee reviews the annual audited financial statements, the 990 tax filing, and risk management concerns. The finance committee reviews financial matters including periodic financial results to budget, approval of annual budget, review of investment portfolio performance and makes recommendations regarding investment policies and practices. The governance committee reviews general oversight of the organization, including policies and practices, nomination and vetting of prospective board members, legal considerations and trends of interest to school's practices and mission.”

“A draft of the 990 is reviewed by the tax manager/partner responsible for its preparation with members of the sar audit committee. Questions are presented and any comments made and questions answered. If there are any issues or concerns, these are considered. Any changes necessary are made and once the committee is satisfied the final draft 990 is provided to the full board at the next scheduled board meeting before the return is filed. A filing extension is typically requested as board members review the 990 at the semi-annual meeting held at the end of february each year. The 990 is filed following board review.”

“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. 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. The president reviews compensation with the vp finance and administration 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 process described here was last completed in 2023”

“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) advances understanding of humanity through a unique alchemy of creative practice and scholarly research in native american arts, anthropology, and related disciplines. 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 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's 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.”

“Other services: program service expenses 699,671. Management and general expenses 72,105. Fundraising expenses 206,018. Total expenses 977,794.”

“Staff development: program service expenses 32,306. Management and general expenses 41. Fundraising expenses 0. Total expenses 32,347. Equipment purchases and rental: program service expenses 13,924. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,924.”

“Gaap fin. Stmt. Inventory adjustment 7,779.”

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