Budget Narrative

NTARI's Core Operation begins with a membership to the Saint Mathews, KY Chamber of Commerce and a post office box which costs $125 /yr, and $57.96 /yr. From there, we focus on compliance, spending $980 /yr on bookkeeping and reporting. We maintain a full time grant writing operation at a cost of $60,199/yr. This includes a full time researcher/writer equipped with a Grantwatch subscription and training from Tracy Babler & Associates. 

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NTARI's administration is led by a principle investigator of communications theory, information technology and the theory of networking. They are assisted by a chief executive who is also charged by the board with the ongoing business of the institute. A human resources manager is charged with overseeing and reporting on all NTARI CI network staff. 

 

The principle investigator and chief executive manage a budget of $5,000 /yr to conduct testing and $3,600 /yr for legal research. Our human resources manager oversees eleven staff health insurance policies through the St. Matthews Chamber of Commerce at around $21,021 /yr. Finally, the Institute's core staff and Board of Directors undergo Model-Based Systems Engineering Training at a cost of $3,999 /yr.   

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NTARI's core team executes the vision of the Board of Directors and the NTARI Community. They facilitate five programs for community development through collective intelligence. The budgets for these programs are as follows:

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• the Lost Sheep Research Fellowship $240,609.99

•  the Journal of Citizen Science and Working Memory $390,609.99

• the Forge Laboratory $223,109.44

• NTARI Mesh $240,000

• the NTARI Back End (NTARI.org) $247,268.04

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Total Cost of the the Network Theory Applied Research Institute: $274,981.96

Total Cost of Current Programs: $854,329.42

Annual Total $1,616,579.42