Mental Research Institute
- Assets
- $10.5m
- Revenue
- $479.4k
- Investments
- $10.4m
- Employees
- 6
- Location
- Menlo Park, CA
- Founding
- 10/1964
- Data as of
- 03/2022
- EIN
- 94-1585914
Organization Overview
Mental Research Institute is located in Menlo Park, CA. The organization was established in 1964. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 03/2022, Mental Research Institute employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mental Research Institute 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 03/2022, Mental Research Institute generated $479.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $486.1k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Mental Research Institute has awarded 41 individual grants totaling $810,810. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS TO UNIVERSITIES FOR MENTAL HEALTH RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sophie Suberville Executive Director | 20 | $60,984 | |
Reed Lestinger Secretary | 2 | $0 | |
Peggy Bradshaw Treasurer | 5 | $0 | |
Patrick Whalen Director | 2 | $0 | |
Claire DE Maistre Director | 2 | $0 | |
Mary Ann Norfleet President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,451 |
| Interest on Savings | $0 |
| Dividends & Interest | $348,735 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,265 |
| Capital Gain Net Income | $44,265 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,919 |
| Total Revenue | $479,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,984 |
| Other employee salaries and wages | $30,600 |
| Pension plans, employee benefits | $36 |
| Interest | $0 |
| Taxes | $8,803 |
| Depreciation | $266 |
| Occupancy | $17,754 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72,984 |
| Total operating and administrative expenses | $191,427 |
| Contributions, gifts, grants paid | $294,690 |
| Total expenses and disbursements | $486,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $101,572 |
| Net Accounts receivable | $0 |
| 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 | $532 |
| Other assets | $1,252 |
| Total assets | $10,494,210 |
| Accounts payable and accrued expenses | $552 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,774,232 |
| Total liabilities | $2,774,784 |
Grants Awarded
Over the last fiscal year, Mental Research Institute has awarded $294,690 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF DENVER PURPOSE: RESEARCH | $50,000 |
ARIZONA STATE UNIVERSITY PURPOSE: RESEARCH | $25,000 |
Los Angeles, CA PURPOSE: RESEARCH | $25,000 |
COLORADO STATE UNIVERSITY PURPOSE: RESEARCH | $25,000 |
Eugene, OR PURPOSE: RESEARCH | $25,000 |
STANFORD UNIVERSITY PURPOSE: RESEARCH | $24,655 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mental Research Institute has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $124,651 |
| Ending Balance | $124,651 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chan Zuckerberg Biohub Inc San Francisco, CA | $338,316,919 | $10,314,755 |
Critical Path Institute Tucson, AZ | $19,962,086 | $31,176,116 |
Medicines360 San Francisco, CA | $84,365,229 | $12,024,199 |
Research Corporation Tucson, AZ | $242,008,144 | $26,138,153 |
Southwest Autism Research And Resource Center Phoenix, AZ | $18,925,029 | $16,667,407 |
Conard House Inc San Francisco, CA | $5,907,710 | $14,988,369 |
Hopelab Foundation Inc San Francisco, CA | $32,085,472 | $14,961,821 |
Multidisciplinary Association For Psychedelic Studies San Jose, CA | $92,188,866 | $23,580,425 |
Glenn Foundation For Medical Research Inc Phoenix, AZ | $192,520,690 | $23,653,368 |
Hmsa Foundation Honolulu, HI | $18,488,325 | $337,265 |
Larry L Hillblom Foundation Inc Petaluma, CA | $157,022,260 | $9,255,919 |
Arastradero Research Institute Palo Alto, CA | $86,734,431 | $15,446,292 |