Mind Science Foundation
- Assets
- $781.1k
- Revenue
- $473.9k
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 08/1960
- Data as of
- 12/2023
- EIN
- 74-1384861
Organization Overview
Mind Science Foundation is located in San Antonio, TX. The organization was established in 1960. According to its NTEE Classification (V30) the organization is classified as: Interdisciplinary Research, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mind Science Foundation 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 12/2023, Mind Science Foundation generated $473.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $546.4k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mind Science Foundation has awarded 40 individual grants totaling $675,500. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: THE FOUNDATION HOLDS PUBLIC LECTURES TO EDUCATE AND INCREASE THE PUBLIC'S AWARENESS OF SCIENTIFIC RESEARCH IN NEUROSCIENCE & PSYCHOLOGY RELATED TO THE HUMAN MIND/BRAIN, AS WELL AS EDUCATIONAL CONTENT AVAILABLE VIA VIDEO, FACEBOOK, INSTAGRAM AND SIMILAR MEDIA FORMS.
SCIENCE: THE FOUNDATION MAKES RESEARCH GRANTS AVAILABLE TO TOP SCIENTISTS AT LEADING UNIVERSITIES FOR RESEARCH FOCUSED ON THE HUMAN MIND/BRAIN, AND NEUROSCIENCE PITCH COMPETITIONS ON THE SIMILAR TOPICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Diaz Dennis Chair | 2 | $0 | |
Alan Kramer Imn. Past Chair | 2 | $0 | |
Joshua Essery Psyd Vice Chair | 2 | $0 | |
Randi Brosterman Hutchens Treasurer | 2 | $0 | |
Amelita Mauze Secretary | 2 | $0 | |
Robert Elde PHD Chief Scientific Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $462,716 |
| Interest on Savings | $11,200 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $473,916 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $130,000 |
| Other employee salaries and wages | $92,718 |
| Pension plans, employee benefits | $5,898 |
| Interest | $0 |
| Taxes | $17,558 |
| Depreciation | $13,038 |
| Occupancy | $16,183 |
| Travel, conferences, and meetings | $30,367 |
| Printing and publications | $0 |
| Other expenses | $97,982 |
| Total operating and administrative expenses | $446,382 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $546,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $517,124 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $50,150 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $181,184 |
| Other assets | $32,678 |
| Total assets | $781,136 |
| Accounts payable and accrued expenses | $127,142 |
| Grants payable | $0 |
| Deferred revenue | $150,185 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $16,451 |
| Total liabilities | $293,778 |
Grants Awarded
Over the last fiscal year, Mind Science Foundation has awarded $100,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
STANFORD UNIVERSITY PURPOSE: RESEARCH GRANT | $30,000 |
UNIVERSITY OF MAASTRICHT PURPOSE: RESEARCH GRANT | $40,000 |
UNIVERSITE DE PARIS PURPOSE: RESEARCH GRANT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Intercultural Development Research Association San Antonio, TX | $16,608,519 | $4,230,106 |
Collective Heritage Institute Santa Fe, NM | $3,020,174 | $3,349,411 |
National Latino Behavioral Health Association Cochiti Lake, NM | $661,301 | $2,137,898 |
The Shumla School Inc Comstock, TX | $1,146,944 | $869,972 |
Mind Science Foundation San Antonio, TX | $781,136 | $473,916 |
Louisiana Family Forum Baton Rouge, LA | $244,268 | $465,967 |
Arkansas Science Fair Assoc Inc Conway, AR | $62,222 | $0 |
Institute For Diversity And Civic Life Austin, TX | $303,923 | $382,409 |
Fahmeeda & Atique Foundation Little Rock, AR | $5,459 | $92,250 |
Metroplex Institute Of Origin Science Inc Maumelle, AR | $65,654 | $0 |
The Parents Of The Academy Of Science & Technology The Woodlands, TX | $29,378 | $0 |
Bi-National Sustainability Laboratory Inc Irving, TX | $33,754 | $0 |
Mindset For All Round Rock, TX | $0 | $0 |