The operating result for 2021 was a balanced budget, thanks to excellent fundraising performance and lower than budgeted operating expenses.â€
Financial resources
The 2021 Budget maintained most of the resource-preserving constraints instituted in June 2020.â€
The most stable source of revenue in 2021 came from the endowment.â€
Educational divisions
Within the Educational divisions, Meetings & Courses Program (M&C) and the DNA Learning Center (DNALC) continued providing virtual programs for most of the year, with some in-person activity occurring in the fall when conditions allowed . . . The Press provided stable revenues as the downturn in subscriptions were more than offset by robust pre-print activities.â€
Maintaining community while embracing change
Our success at the Laboratory will be defined by our ability to support each other, welcome new leaders and staff, and remain open to new ideas.â€