Civic Intelligence

Mcknight Endowment Fund for Neuroscience

EIN 41-1563321 • Minneapolis, MN

710 S 2nd St Ste 400Minneapolis, MN 55401-2290
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$1M-$5M nonprofits • Source year 2024

Net Margin

38th percentile

-0.1%

Higher net margin than 38% of similar nonprofits.

$1M-$5M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$11,000

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

$1M-$5M nonprofits • Source year 2024

Asset Growth

8th percentile

-21%

Faster asset growth than 8% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

1.2%

Faster revenue growth than 37% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Down

$20,286

Down $5,302 (-21%) from 2023

Liabilities

Down

$0

Down $1 (-100%) from 2023

Net Assets

$20,286

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue33rd percentileNet Margin38th percentile

Revenue

Up

$3,845,550

Up $45,000 (+1.2%) from 2023

Expenses

Up

$3,850,852

Up $51,459 (+1.4%) from 2023

Net Income

Down

-$5,302

Down $6,459 (-558%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2011: $10,868Liabilities 2011: $02011Assets 2012: $8,037Liabilities 2012: $02012Assets 2013: $16,423Liabilities 2013: $02013Assets 2014: $7,243Liabilities 2014: $02014Assets 2015: $17,505Liabilities 2015: $02015Assets 2019: $18,030Liabilities 2019: $12019Assets 2020: $25,180Liabilities 2020: $1Net Assets 2020: $25,1802020Assets 2021: $31,388Liabilities 2021: $1Net Assets 2021: $31,3882021Assets 2022: $24,431Liabilities 2022: $1Net Assets 2022: $24,4312022Assets 2023: $25,588Liabilities 2023: $12023Assets 2024: $20,286Liabilities 2024: $0Net Assets 2024: $20,2862024

Highlighted filing

2024

Assets$20,286
Liabilities$0
Net Assets$20,286
Open 2024 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $3,689,000Expenses 2011: $3,688,960Net Income 2011: $402011Revenue 2012: $3,490,000Expenses 2012: $3,492,831Net Income 2012: -$2,8312012Revenue 2013: $3,661,200Expenses 2013: $3,652,814Net Income 2013: $8,3862013Revenue 2014: $3,704,000Expenses 2014: $3,713,180Net Income 2014: -$9,1802014Revenue 2015: $3,721,000Expenses 2015: $3,710,738Net Income 2015: $10,2622015Revenue 2019: $3,700,000Expenses 2019: $3,691,942Net Income 2019: $8,0582019Revenue 2020: $3,464,000Expenses 2020: $3,456,850Net Income 2020: $7,1502020Revenue 2021: $3,600,000Expenses 2021: $3,593,792Net Income 2021: $6,2082021Revenue 2022: $3,766,000Expenses 2022: $3,772,957Net Income 2022: -$6,9572022Revenue 2023: $3,800,550Expenses 2023: $3,799,393Net Income 2023: $1,1572023Revenue 2024: $3,845,550Expenses 2024: $3,850,852Net Income 2024: -$5,3022024

Highlighted filing

2024

Revenue$3,845,550
Expenses$3,850,852
Net Income-$5,302
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$20,286
Liabilities
$0
Net assets
$20,286
Revenue
$3,845,550
Expenses
$3,850,852
Net income
-$5,302
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$3.85$3.85$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.00$3.80$3.80$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$3.77$3.77$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.00$0.03$3.60$3.59$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.00$0.03$3.46$3.46$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$3.70$3.69$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2015Summary only. Only limited summary data is available for this year.$0.02$0.00$3.72$3.71$0.01
2014Summary only. Only limited summary data is available for this year.$0.01$0.00$3.70$3.71$0.01
2013Summary only. Only limited summary data is available for this year.$0.02$0.00$3.66$3.65$0.01
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$3.49$3.49$0.00
2011Summary only. Only limited summary data is available for this year.$0.01$0.00$3.69$3.69$0.00
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 24, 2023
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President-$11,000-$11,000
-Vice President-$8,500-$8,500
-Director-$6,000-$6,000
-Director-$4,500-$4,500
-Director-$2,000-$2,000
-Director-$1,000-$1,000
-Director-$500-$500
-Secretary/Treasurer-$0--
-Director-$0--
-Director-$0--
-Director-$0--
Filing and Contact Details

Filer

Filer Name
The Mcknight Endowment Fund for Neuroscience
EIN
41-1563321
Phone
6123334220
Address
710 S 2ND ST STE 400, Minneapolis, MN 55401-2290

Signing Officer

Name
Nichol Higdon
Title
VP of Finance and Operations
Signed
2023-08-24
Discuss with paid preparer
Yes

Preparer

Firm
Crowe Llp
Address
485 Lexington Avenue Floor 11, New York, NY 10017-2619
Preparer
Toby Kerslake
Phone
2125725500
Raw XML AppendixShowing 400 of 888 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
AccountingFeesSchedule/AccountingFeesDetail/Amt09570
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0Professional Fees
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt09570
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0Form 990-PF, Part VIII-A
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc1Form 990-PF, Part XIV, Line 2b
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc2Form 990-PF, Part XIV, Line 2b
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0Annual Conference
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt1Awards
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt2Awards - Continued
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0The 2022 McKnight Conference on Neuroscience was held from Friday evening, June 10 through Monday morning, June 13, 2022. Ninety-one neuroscientists attended, including seven members of the board of directors of the McKnight Endowment Fund for Neuroscience, seven members of the awards selection committees, three Doupe Fellows, and six guest speakers. McKnight Foundation representatives included Tonya Allen, president; Erika Binger, McKnight Foundation board member; Dana Anderson, McKnight Foundation board member; and Eileen Maler, McKnight program manager of neuroscience. Dana Anderson and Erika Binger also serve on the McKnight Endowment Fund for Neuroscience board of directors. Fourteen McKnight award recipients and six guest speakers presented the findings of their brain research projects over the course of the weekend. The special lecture topics were: "Synapses lost and found in development and Alzheimer's Disease," presented by Carla Shatz; "Discovering and regulating brain networks underlying emotion," presented by Kafui Dzirasa; and "Update on the NIH Brain Initiative," presented by NIH Brain Initiative Director John Ngai. The Brain Disease workshop was on "Autism Spectrum Disorders included researchers Drs. Shafali Spurling Jeste (University of Southern California), Ami Klin (Emory University), and Loren Frank (University of California San Francisco). The other sessions included: * Award recipient scientific speaking presentations (three sessions) * The technology workshop (one session) * Technology demonstrations (one session) Since the conference program incorporates 15 minutes of question and answer following each presentation, the conference audience benefited from an open discussion of the research work presented. Additionally, the Tech Demo session is interactive and includes open discussions. The McKnight Conference on Neuroscience provides a forum for: 1) sharing of research developments by and between McKnight awardees through the formal presentations; 2) sharing of research work in informal discussions; and 3) monitoring by the board of directors and review committee members of the research work being supported by the McKnight Endowment Fund for Neuroscience. The next McKnight Conference on Neuroscience is scheduled to be held June 9-12, 2023, in Aspen, CO. Fourteen recent recipients of a McKnight award and five guest speakers will present the findings of their brain research projects.
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt1The McKnight Endowment Fund for Neuroscience is an independent charitable organization established by The McKnight Foundation to carry out the intention of its founder, William L. McKnight (1887-1979). Mr. McKnight, who led the 3M company for three decades, had a personal interest in memory and its diseases and set aside part of his legacy to bring hope to those suffering from brain injury or disease and cognitive impairment. The Endowment Fund fulfills this mission by supporting innovative research in neuroscience through three competitive annual awards. The awards complement each other to support both young and established neuroscientists and to encourage interdisciplinary collaboration. Each in a different way, the three programs seek out investigators whose research shows promise in bringing society closer to preventions, treatments, and cures for many devastating diseases. Research supported by the Endowment Fund has furthered understanding of Alzheimer's disease, Parkinson's disease, spinal cord injuries, and many other cognitive impairments. In 2021, the Endowment Fund created a Fellowship for McKnight awardees to hire an undergraduate student from a community underrepresented in neuroscience. The Endowment Fund is led by a board of eminent neuroscientists, with administrative support from the McKnight Foundation. Each award has its own selection committee, also made up of prominent scientists. The commitee recommends awardees, and the board has the final approval. McKnight Scholar Awards The McKnight Scholar Awards encourage neuroscientists in the early stages of their careers to focus on critical problems in brain science. These awards support young scientists who hold the M.D. and/or Ph.D. degree, who have completed formal postdoctoral training and who demonstrate a commitment to neuroscience. The Endowment Fund especially seeks applicants who demonstrate an interest in solving important problems in relevant areas of neuroscience, including the translation of basic research to clinical neuroscience. For descriptions of previous awards, please go to the Endowment Fund website. Each year up to six Scholars are selected to receive three years of support at $75,000 per year. At times the Endowment Fund board approves a seventh award. Funds may be used in any way that will facilitate development of the Scholar's research program, but not for indirect costs. Scholars must have authorization from the home institution to work in the U.S. and must hold full time appointments at the rank of assistant professor at their sponsoring institution (for no more than four years; allowances are made for parental leave); scientists holding other titles such as research assistant professor, adjunct assistant professor, assistant professor research track, visiting professor or instructor are not eligible. If the host institution does not use professorial titles, a letter from a senior institutional official (e.g., Dean or Director of Research) must confirm that the applicant has his/her own dedicated institutional resources, laboratory space, and/or facilities. Employees of the intramural program of the National Institutes of Health are not eligible. Application materials are due in early January and can be uploaded by accessing the online URL set up for this purpose. Each applicant must ensure that four letters of reference are submitted to an email account; these letters are an integral part of the application. Awards are announced in June and begin on July 1. McKnight Technological Innovations in Neuroscience Awards These awards encourage and support scientists working on the development of novel and creative approaches to understanding brain function. The Endowment Fund is interested in how a new technology may be used to monitor, manipulate, analyze, or model brain function at any level, from the molecular to the entire organism. The technology may take any form, from biochemical tools to instruments to software and mathematical appr
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt2For the purposes of this Fellowship, underrepresented includes, but is not limited to, persons of any ethnic or racial group underrepresented in the sciences, for example, any individual identifying as Hispanic, Black, Native Hawaiian/Pacific Islander, or American Indian/Alaska Native. In addition to supervising the Fellow's research activities, the McKnight awardee will provide mentorship and networking opportunities for the Fellow. Additionally, the Fellow will be invited to the McKnight Endowment Fund annual conference. The Pecot Fellowship is open to all current McKnight neuroscientists (including those in no-cost-extension). The nomination application includes a recommendation from the McKnight awardee; an essay on a scientific topic by the undergraduate who is being nominated; and the undergraduate's resume. Nominations are submitted in February/March and awardees are notified in April/May. A subcommittee of McKnight Endowment for Neuroscience board members selects the awards.
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt9Ming Guo MD PHD
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt10Richard Mooney
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientEmailAddressTxt0[email protected]
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IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt0McKnight Pecot Fellowship 2022. Principal Investigator: Dr. Steve Ramirez
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt1Multiscale Neural Network Models to Infer Functional Motifs in the Brain. Principal Investigator: Kanaka Rajan, Ph.D.
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt2Development, Function, and Dysfunction of Somatosensory and Viscerosensory Systems in Autism Spectrum Disorder. Principal Investigator: Lauren Orefice, Ph.D.
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt3Neural Circuit Mechanisms of Inference. Principal Investigator: Christine Constantinople, Ph.D
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt4McKnight Pecot Fellowship 2022. Principal Investigator: Dr. David Schneider
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt5Proportional-Integral Feedback in a Biological 'Gyroscope'. Principal Investigator: Bradley Dickerson, Ph.D.
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt6Two-photon tracking technology to read and manipulate neural patterns in freely moving animals. Principal Investigator: Mirna Mihovilovic Skanata
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt7McKnight Pecot Fellowship 2022. Principal Investigator: Dr. Eleanor Clowney
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt8Illuminating Oxytocin Signaling in the Brain with Near-Infrared Fluorescent Nanosensors. Principal Investigator: Markita Landry, Ph.D.
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt9McKnight Pecot Fellowship 2022. Principal Investigator: Dr. Rachel Roberts - Galbraith
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt10Sub-10 nm spatial profiling of synaptic proteins and RNA transcripts with high-isotropy expansion microscopy using a highly homogenous hydrogel constructed from tetrahedron-like monomers. Principal Investigator: Ruixuan Gao, Ph.D.
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt11Understanding the Construction and Function of Glycinergic Post-Synaptic Assemblies. Principal Investigator: Weiwei Wang, Ph.D.
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt12Massively parallel, high throughput engineering of optogenetic biosensors for neuronal signaling. Principal Investigator: Andre Berndt, Ph.D.
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt13McKnight Pecot Fellowship 2022. Principal Investigator: Dr. John Tuthill
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt0Boston University
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt1Icahn School of Medicine at Mount Sinai
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt2Massachusetts General HospitalHarvard Medical School
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt3New York University
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt4New York University
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt5Princeton University
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt6Syracuse Uninversity

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