Civic Intelligence

Mcknight Endowment Fund for Neuroscience

990PF • Fiscal year 2018 • EIN 41-1563321

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 10, 2019

Organization Profile
710 S 2nd St Ste 400Minneapolis, MN 55401-2290

(612) 333-4220

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.00x

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

2018 filings • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

26th percentile

0.00x

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

2018 filings • $1M-$5M nonprofits • Source year 2018

Net Margin

38th percentile

-0.2%

Higher net margin than 38% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

47th percentile

$13,000

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2018 filings • $1M-$5M nonprofits • Source year 2018

Asset Growth

7th percentile

-17%

Faster asset growth than 7% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Annualized from 2015 to 2018

Revenue Growth

39th percentile

-0.2%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Annualized from 2015 to 2018

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$9,972

Down $7,533 (-43%) from 2015

Net Assets

$9,972

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin38th percentile

Revenue

Down

$3,699,000

Down $22,000 (-0.6%) from 2015

Expenses

Down

$3,707,780

Down $2,958 (-0.1%) from 2015

Net Income

Down

-$8,780

Down $19,042 (-186%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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 2018: $9,972Liabilities 2018: $0Net Assets 2018: $9,9722018Assets 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

2018

Assets$9,972
Liabilities$0
Net Assets$9,972
Open 2018 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income across loaded years, with this 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 2018: $3,699,000Expenses 2018: $3,707,780Net Income 2018: -$8,7802018Revenue 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

2018

Revenue$3,699,000
Expenses$3,707,780
Net Income-$8,780
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 10, 2019
Return Version
2018v3.1
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President-$13,000-$13,000
-Director-$7,000-$7,000
-Vice President-$6,000-$6,000
-Director-$6,000-$6,000
-Director-$6,000-$6,000
-Director-$5,000-$5,000
-Secretary/Treasurer-$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
Therese Casey
Title
Director of Finance
Signed
2019-06-10
Discuss with paid preparer
Yes

Preparer

Firm
Crowe Llp
Address
225 West Wacker Drive Suite 2600, Chicago, IL 60606-1224
Preparer
Nicole Bencik
Phone
3128997000
Raw XML AppendixShowing 400 of 910 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.

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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0Form 990-PF, Part IX, Line 1
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc1Form 990-PF, Part XV, Line 2b
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0ANNUAL CONFERENCE
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt1AWARDS
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0The 2018 McKnight Conference on Neuroscience was held from Friday evening, June 8 through Monday morning, June 11, 2018. One hundred and nine neuroscientists attended, including six members of the board of directors of the McKnight Endowment Fund for Neuroscience, 12 members of the awards selection committees, five Doupe Fellows, and five guest speakers. Twenty-three McKnight award recipients, five McKnight Doupe Fellows, and five guest speakers presented the findings of their brain research projects over the course of the weekend. The special lecture topics were: "Deciphering the Brain's Code for Faces and Objects," presented by Dr. Doris Tsao, California Institute for Technology; and "Making up your Mind: The Generation and Integration of GABAergic Interneurons into Cortical Circuitry," presented by Dr. Gordon Fishell, Harvard University. The Brain Disease workshop was on Breathing" and featured renowned researchers Drs. Jack Feldman (UCLA); Mark Krasnow (Stanford University); and Nino Ramirez (Seattle Children's Hospital). The sessions included: * Award recipient scientific speaking presentations (three sessions) * Brain Disease Workshop (one session) * Technology workshop and technology demonstrations (one session) * Award recipient scientific poster presentations (two sessions) * Keynote Speaker Sessions (two sessions) 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 poster session and the Tech Demo session are interactive and include 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 7-10, 2019, in Aspen, CO. Eleven recent recipients of a McKnight award; four former recipients of a McKnight award; and five guest speakers will present the findings of their brain research projects. Nine current McKnight awardees and five Doupe Fellows will present research posters.
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. 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 disorders of learning and memory. 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 working on problems that, if solved at the basic level, would have immediate and significant impact on clinically relevant issues, especially those related to deficits of memory and cognition. 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. 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; scientists holding other titles such as research assistant professor, adjunct assistant professor, assistant professor research track, visiting professor or instructor are not eligible. Employees of the Howard Hughes Medical Institute or scientists within the intramural program of the National Institutes of Health are not eligible. Application materials are available in September each year, and completed applications should be emailed to an account set up for this purpose ([email protected]). Each applicant must ensure that four letters of reference are submitted to the email account; these letters are an integral part of the application. Awards are announced in May 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. Technology may take any form, from biochemical tools to instruments to software and mathematical approaches. Because the program seeks to advance and enlarge the range of technologies available to the neurosciences, research based primarily on existing techniques will not be considered. For descriptions of previous awards, please go to the Endowment Fund website. The first step is to submit a two-page letter of intent describing the project and how the technology involved will enrich the neurosciences and become acc
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt0The McKnight Foundation
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IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0www.neuroscience.mcknight.org
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientEmailAddressTxt0[email protected]
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0MEFN Selection Committee
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0See Supplemental Information
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IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt0Circuit Mechanisms of Memory-Linking
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt1Dissecting Striatal Patch and Matrix Compartments for Action Learning
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt2The Neuronal Mechanisms of Information Seeking Under Uncertainty
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt3Using New Approaches for Voltage Imaging to Test How Prefrontal Dopamine Receptors Contribute to Gamma Oscillations and Flexible Behavior:
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt4New technologies for imaging and analyzing neural state-space trajectories in freely-behaving small animals"
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt5Re-wiring connections in the living brain
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt6Flexible electrode arrays for large-scale recordings of spikes from muscle fibers in freely behaving mice and songbirds
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt7Spinal Circuits Controlling Dexterous Forelimb Movement
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt8State-dependent Neuromodulation of a Circuit for Motion Vision
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt9The Establishment and Regulation of Rod and Cone Vision
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt10Proprioceptive Feedback Control of Locomotion in Drosophila
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt11Function and Mechanism of Input-specific Homeostatic Synaptic Plasticity In Vivo
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt12Mechanisms of Myelin Membrane Growth and Wrapping
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt0Denise Cai
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt1Xin Jin
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt2Ilya Monosov
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt3Vikaas Sohal
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt4Michale S Fee
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt5Marco Gallio

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,972
Liabilities
$0
Net assets
$9,972
Revenue
$3,699,000
Expenses
$3,707,780
Net income
-$8,780
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
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$3.70$3.71$0.01
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