Civic Intelligence

The Institute for Brain and Society

990EZ • Fiscal year 2022 • EIN 46-2049025

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 09, 2023

725 W BroadwaySan Diego, CA 92101

(858) 434-1101

Siviq Scores

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

Liabilities / Assets

76th percentile

0.06x

Higher debt load relative to assets than 76% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

64th percentile

15%

Higher net margin than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$13,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

60th percentile

8.5%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

137%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$222,309

Up $17,456 (+8.5%) from 2021

Net Assets

Up

$209,775

Up $18,034 (+9.4%) from 2021

Liabilities

Down

$12,534

Down $578 (-4.4%) from 2021

Revenue

Up

$122,370

Up $70,795 (+137%) from 2021

Expenses

Down

$104,336

Down $65,534 (-39%) from 2021

Net Income

Up

$18,034

Up $136,329 (+115%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $29,990Liabilities 2014: $10,000Net Assets 2014: $19,9902014Assets 2015: $521,509Liabilities 2015: $11,372Net Assets 2015: $510,1372015Assets 2016: $498,385Liabilities 2016: $20,059Net Assets 2016: $478,3262016Assets 2017: $408,133Liabilities 2017: $19,343Net Assets 2017: $388,7902017Assets 2018: $364,508Liabilities 2018: $20,215Net Assets 2018: $344,2932018Assets 2021: $204,853Liabilities 2021: $13,112Net Assets 2021: $191,7412021Assets 2022: $222,309Liabilities 2022: $12,534Net Assets 2022: $209,7752022Assets 2023: $176,453Liabilities 2023: $30,060Net Assets 2023: $146,3932023Assets 2024: $188,400Liabilities 2024: $32,724Net Assets 2024: $155,6762024

Highlighted filing

2022

Assets$222,309
Liabilities$12,534
Net Assets$209,775

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $54,689Expenses 2014: $34,699Net Income 2014: $19,9902014Revenue 2015: $580,005Expenses 2015: $89,858Net Income 2015: $490,1472015Revenue 2016: $202,749Expenses 2016: $234,560Net Income 2016: -$31,8112016Revenue 2017: $214,873Expenses 2017: $304,409Net Income 2017: -$89,5362017Revenue 2018: $2,002Expenses 2018: $46,499Net Income 2018: -$44,4972018Revenue 2021: $51,575Expenses 2021: $169,870Net Income 2021: -$118,2952021Revenue 2022: $122,370Expenses 2022: $104,336Net Income 2022: $18,0342022Revenue 2023: $101,520Expenses 2023: $164,902Net Income 2023: -$63,3822023Revenue 2024: $143,110Expenses 2024: $133,827Net Income 2024: $9,2832024

Highlighted filing

2022

Revenue$122,370
Expenses$104,336
Net Income$18,034
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 9, 2023
Return Version
2022v5.0
Gross Receipts
$122,370
Mission and Program Overview

Mission

Fostering mental health and longevity through improved knowledge and awareness of the brain.

Advance knowledge of brain & mental health

Program Services

DescriptionGrantsExpenses
We began construction and operation of a brain museum in downtown San Diego. The museum hosts a unique colleciton of donated human brains and houese a fully-functional brain imaging laboratory that has been re-designed to support science education programs in collaboration with local school districts.-$66,033
THE ORGANIZATION RECENTY OCCUPIED A SPACE IN DOWNTOWN SAN DIEGO, CA AS THE PRIMARY SITE FOR OPERATIONS AND PROGRAMS. IN SEPTEMBER 2022, WE LEASED A 4,000 SQUARE FOOT GALLERY SPACE THAT WAS RE-PURPOSED AS A EXHIBITION SPACE FOR NEUROSCIENCE AND NEUROTECHNOLOGY. THE VENUE HOUSES A BRAIN IMAGING LABORTORY EQUIPPED WITH RESEARCH-GRADE SCIENTIFIC INSTRUMENTATION. THE LABORATORY WILL SERVE THE DUAL PURPOSES OF ADVANCING RESEARCH ON NEURODEGENERATIVE DISEASES LIKE ALZHEIMER'S AND PARKINSON'S WHILE ALSO SERVING AS A TEACHING LAB FOR STUDENTS. CREATING SUCH A NOVEL SPACE FULLFILLS ONE OF OUR PRIMARY GOALS WHICH IS TO MAKE BIOMEDICAL RESEARCH MORE RELIABLE AND TRANSPARENT TO PUBLIC SCRUTINY AND PROVIDE ACCESS TO SCIENCE EDUCATION TO AT-RISK YOUTH FROM DISADVANTAGED BACKGROUNDS - HENCE OUR CENTRAL LOCATION. OTHER EXPENSES (FORM 990Z LINE 16) RELATES PRIMARILY TO CONSTURCTION COSTS AS WELL AS SUPPLIES AND EQUIPMENT RELATIVE TO FURNISHING THE VENUE AND BUILDING THE LABORATORY, INCLUDING WEB ACCESSIBILITY, ETC.-$10,000
WE MAINTAINED, CURATED AND PROVIDED UNRESTRICTED ACCESS TO A WEB-BASED DIGITAL MAP OF THE HUMAN BRAIN. THE DATA SERVER ALSO CONTAINS INFORMATION RELATIVE TO THE DONOR'S MEDICAL CASE, THAT OF THE AMNESIC PATIENT HM WHICH IS THE MOST INFLUENTIAL CASES IN THE HISTORY OF NEUROSCIENCE.-$4,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACOPO ANNESECEOPT$13,000-$13,000
KATARZYNA BRZEZIKACFO-$0--
CRAIG DECKERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Brain Observatory
EIN
46-2049025
Phone
8584341101
Address
725 W BROADWAY, SAN DIEGO, CA 92101

Signing Officer

Name
Jacopo Annese
Title
President & CEO
Signed
2023-10-09
Discuss with paid preparer
Yes

Preparer

Firm
Steven Alpinieri CPA an Accountancy Corp
Address
7575 EADS AVE STE 102, LA JOLLA, CA 92037
Preparer
Steven Alpinieri
Phone
8582306610
Supplemental Narrative

Additional Explanations

Other Expenses.1009

Depreciation $7585

Other Expenses.1

MOVING/OCCUPAC $33133

Other Assets.1002

Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $26600

Other Assets.1003

Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $165815

Total Liabilities.1

CREDIT CARD PAYABLE - Beginning $13112 CREDIT CARD PAYABLE - Ending $12534

Raw XML Appendix154 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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