Society For Neuroscience
- Assets
- $106.8m
- Revenue
- $26.2m
- Investments
- $14.1m
- Employees
- 125
- Location
- Washington, DC
- Founding
- 10/1970
- Data as of
- 06/2020
- EIN
- 52-0895843
Organization Overview
Society For Neuroscience is located in Washington, DC. The organization was established in 1970. According to its NTEE Classification (H03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Medical Research and related organizations. As of 06/2021, Society For Neuroscience employed 125 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Society For Neuroscience is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Society For Neuroscience generated $26.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $30.4m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Society For Neuroscience has awarded 11 individual grants totaling $252,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM SERVICE: TO PROVIDE PROFESSIONAL DEVELOPMENT ACTIVITIES AND EDUCATIONAL RESOURCES FOR NEUROSCIENTISTS, TO PROMOTE PUBLIC INFORMATION AND GENERAL EDUCATION ABOUT THE NATURE OF SCIENTIFIC DISCOVERY AND THE RESULTS AND IMPLICATIONS OF THE LATEST NEUROSCIENCE RESEARCH.
ANNUAL MEETING: THE PREMIER VENUE FOR NEUROSCIENTISTS FROM AROUND THE WORLD TO CONFER AND DISCUSS THE LATEST ADVANCES IN THE SCIENCE OF THE BRAIN AND THE NERVOUS SYSTEM.
JOURNAL OF NEUROSCIENCE: ENEURO'S MISSION IS TO PUBLISH EXCELLENT SCIENCE THAT CAN BE DISCUSSED, DEBATED, STUDIED, AND BUILT UPON TO ADVANCE THE UNDERSTANDING OF THE BRAIN AND NERVOUS SYSTEM. AT THE CORE OF ENEURO IS A COMMITMENT TO PROVIDE AUTHORS WITH A FAIR ASSESSMENT OF THEIR WORK, WITH ANY ADDITIONAL EXPERIMENTS REQUESTED THOROUGHLY JUSTIFIED, WHILE MAINTAINING HIGH STANDARDS OF PEER REVIEW.
FEDERAL GRANTS: TO PROVIDE PROFESSIONAL DEVELOPMENT AND EDUCATIONAL RESOURCES FOR NEUROSCIENTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Saggese Executive Director | Officer | 35 | $751,996 |
Melissa Garcia Associate Executive Director | Officer | 35 | $264,175 |
Paula Kara Sr. Dir. Meeting Services | Officer | 35 | $241,593 |
Cori Spencer Sr. Dir. & Fin. & Mgmt/cfo | Officer | 35 | $222,483 |
Jenna Kohnke Sr. Dir. Strat. Part./cos (end 3/21) | Officer | 35 | $216,968 |
Melissa Thompson Sr. Dir. Dig'l Strat. & Comm./cos | Officer | 35 | $214,040 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Artechouse Digital Art Services | 6/29/21 | $159,050 |
Nonprofit Hr Hr Consulting | 6/29/21 | $131,808 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,803,793 |
| Investment income | $1,424,556 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $45,024 |
| Net Rental Income | -$585,130 |
| Net Gain/Loss on Asset Sales | -$954,526 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,154,667 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $446,624 |
| Grants and other assistance to Foreign Orgs/Individuals | $240,644 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,920,863 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,167,219 |
| Pension plan accruals and contributions | $637,269 |
| Other employee benefits | $1,466,181 |
| Payroll taxes | $778,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $122,354 |
| Fees for services: Accounting | $132,417 |
| Fees for services: Lobbying | $149,300 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $374,498 |
| Fees for services: Other | $2,862,857 |
| Advertising and promotion | $0 |
| Office expenses | $590,123 |
| Information technology | $1,704,993 |
| Royalties | $0 |
| Occupancy | $407,612 |
| Travel | $1,982,340 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,084,304 |
| Interest | $486,695 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,749,421 |
| Insurance | $164,066 |
| All other expenses | $0 |
| Total functional expenses | $30,439,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,930,289 |
| Savings and temporary cash investments | $707,606 |
| Pledges and grants receivable | $1,212,437 |
| Accounts receivable, net | $219,158 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $832,938 |
| Investments—publicly traded securities | $59,081,581 |
| Investments—other securities | $14,070,327 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,199,897 |
| Total assets | $106,809,452 |
| Accounts payable and accrued expenses | $2,353,764 |
| Grants payable | $0 |
| Deferred revenue | $7,154,009 |
| Tax-exempt bond liabilities | $12,000,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $21,879,099 |
| Unsecured mortgages and notes payable | $2,308,176 |
| Other liabilities | $774,768 |
| Total liabilities | $46,469,816 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $60,339,636 |
Grants Awarded
Over the last fiscal year, Society For Neuroscience has awarded $80,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL SUPPORT | $25,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $25,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $15,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Society For Neuroscience has recieved totaling $15,212.
| Awarding Organization | Amount |
|---|---|
Rainwater Charitable Foundation Fort Worth, TX PURPOSE: TAUOPATHY RESEARCH | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $212 |
Endowment Analysis
| Beg. Balance | $3,747,992 |
| Earnings | $1,184,559 |
| Net Contributions | $3,213,750 |
| Other Expense | $139,132 |
| Ending Balance | $8,007,169 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For Neuroscience Washington, DC | $106,809,452 | $26,154,667 |
American Urological Association Education And Research Inc Linthicum Heights, MD | $217,484,220 | $41,902,235 |
International Association For The Study Of Pain Washington, DC | $13,195,221 | $3,846,172 |
Pediatric Endocrine Society Mclean, VA | $7,099,231 | $2,093,806 |
International Society For Cerebral Blood Flow And Metabolism Inc Rockville, MD | $8,352,595 | $858,885 |
Association Of University Cardiologists Inc Baltimore, MD | $266,394 | $0 |