Nonprofit · EIN 41-1717098
AMERICAN BRAIN FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $7,843,535 | $11,025,024 | -$3,181,489 | $22,081,098 | $3,763,500 | $18,317,598 |
| December 31, 2024 | 990 | $6,240,028 | $5,254,803 | $985,225 | $21,621,469 | $1,396,515 | $20,224,954 |
| December 31, 2023 | 990 | $10,383,820 | $4,956,400 | $5,427,420 | $21,918,542 | $2,449,895 | $19,468,647 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $7,608,054
- Program service revenue
- $0
- Investment income
- $654,254
- Net gain from sales of assets
- $15,874
- Net income from fundraising events
- -$425,558
- Other revenue
- -$418,773
Expenses
- Grants and similar amounts paid
- $8,135,005
- Compensation of officers, directors and key employees
- $400,075
- Other salaries and wages
- $1,151,460
- Salaries, compensation and benefits (total)
- $1,923,644
- Professional fundraising fees
- $0
- Legal fees
- $37,450
- Accounting fees
- $27,373
- Travel
- $160,024
- Program services (functional)
- $9,024,897
- Management and general (functional)
- $733,770
- Fundraising (functional)
- $1,266,357
Balance sheet and other
- Total assets, start of year
- $21,621,469
- Total assets, end of year
- $22,081,098
- Total liabilities, end of year
- $3,763,500
- Net assets, end of year
- $18,317,598
- Publicly traded securities
- $14,130,480
- Net assets without donor restrictions
- $9,253,927
- Net assets with donor restrictions
- $9,063,671
- Gross receipts
- $10,698,310
- Employees
- 15
- Volunteers
- 48
- Year formed
- 1992
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHELLE HERITAGE | EXECUTIVE DIRECTOR Officer | 40 | $365,800 | $34,275 |
| HEATHER HEART | DEPUTY DIRECTOR Highest-paid employee | 40 | $170,000 | $0 |
| JULIA MIGLETS-NELSON | DIRECTOR, RESEARCH PROGRAMS & PARTNERSHIPS Highest-paid employee | 40 | $131,435 | $11,740 |
| KIMBERLY HOWARD | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $128,000 | $462 |
| SEAN SANSIVERI | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| BEN LENAIL | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALYX B PORTER UMPHREY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RALPH R LESLIE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PHYLLIS C ZEE | EX OFFICIO VOTING DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| PAUL J CAIRNS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MERIT CUDKOWICZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID W DODICK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHRISTINA M FRANCIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JACQUELINE FRENCH | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| FRANCES JENSEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE KAHNE | DIRECTOR Trustee or director | 0.5 | $0 |
| THABELE LESLIE-MAZWI | DIRECTOR Trustee or director | 0.5 | $0 |
| MATTHEW S PICARD | DIRECTOR Trustee or director | 0.5 | $0 |
| ALFREDO QUIONES-HINOJOSA | DIRECTOR Trustee or director | 0.5 | $0 |
| RICHARD RANSOHOFF | DIRECTOR Trustee or director | 0.5 | $0 |
| JOANNE L SMIKLE | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHELLE HERITAGE | EXECUTIVE DIRECTOR Officer | 40 | $262,990 | $33,902 |
| EMILY CHRISTIAN | DEPUTY DIRECTOR Highest-paid employee | 37 | $165,667 | $11,924 |
| JULIA MGLETS-NELSON | DIRECTOR, RESEARCH PROGRAMS & PARTNERSHIPS Highest-paid employee | 40 | $123,111 | $11,206 |
| DAVID D DODICK | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| SEAN SANSIVERI | CHAIR ELECT Trustee or director, Officer | 0.5 | $0 | $0 |
| BEN LENAIL | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAMES ESSEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JACQUELINE FRENCH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PHYLLIS C ZEE | EX OFFICIO VOTING DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| ALFREDO QUINONES-HINOJOSA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THABELE LESLIE-MAZWI | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RONALD C PETERSEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RALPH R LESLIE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOANNE L SMIKLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MERIT CUDKOWICZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MATTHEW S PICARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEPHEN L HOUSER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOHN POHLAD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ALYX B PORTOR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| FRANCES JENSEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JANE RANSOM | EXECUTIVE DIRECTOR Officer | 41 | $371,331 | $47,755 |
| EMILY CHRISTIAN | DEPUTY DIRECTOR Highest-paid employee | 37 | $143,081 | $22,316 |
| DAVID D DODICK | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| BEN LENAIL | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAMES ESSEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JACQUELINE FRENCH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CARLAYNE E JACKSON | EX OFFICIO VOTING DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| ROBERT C GRIGGS | EX OFFICIO VOTING DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| MERIT CUDKOWICZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID EAGLEMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAMES C GROTTA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEPHEN L HAUSER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| FRANCES JENSEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RALPH R LESILE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THABELE LESILE-MAZWI | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RONALD PETERSEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ALYX B PORTER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ALFREDO QUINONES-HINOJOSA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SEAN SANSIVERI | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MARY E POST | EX OFFICIO NON-VOTING DIRECTOR Officer | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2909 WAYZATA BLVD 62124, MINNEAPOLIS, MN 55405-2126
- Principal officer (990 for 2025)
- MICHELLE HERITAGE, 2909 WAYZATA BLVD 62124, MINNEAPOLIS, MN 55405
- Signed the 990
- MICHELLE HERITAGE, EXECUTIVE DIRECTOR
- Phone
- (866) 770-7570
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE AMERICAN BRAIN FOUNDATION ACCELERATES BREAKTHROUGH RESEARCH ACROSS BRAIN DISEASES AND DISORDERS BY INVESTING IN INNOVATIVE SCIENCE, EARLY-CAREER INVESTIGATORS, AND CROSS-DISEASE DISCOVERIES THAT ADVANCE TREATMENTS, CURES, AND BRAIN HEALTH FOR ALL.
Program accomplishments
- THE FOUNDATION ADVANCED PUBLIC UNDERSTANDING OF BRAIN RESEARCH AND BRAIN HEALTH THROUGH EDUCATIONAL CONTENT, RESEARCH UPDATES, PATIENT AND CAREGIVER STORIES, PUBLIC EVENTS, AND DONOR ENGAGEMENT. THESE EFFORTS HELPED PEOPLE SEE THE CONNECTIONS AMONG BRAIN DISEASES, REDUCE STIGMA, AND UNDERSTAND THE URGENCY AND PROMISE OF RESEARCH. THROUGH ITS CURE ONE, CURE MANY APPROACH, THE FOUNDATION SHOWED HOW DISCOVERIES IN ONE BRAIN DISEASE CAN ACCELERATE PROGRESS ACROSS MANY, INSPIRING AWARENESS, ADVOCACY, AND PHILANTHROPIC SUPPORT.Expenses $889,892
- IN 2025, THE FOUNDATION INVESTED IN RESEARCH ACROSS MULTIPLE BRAIN DISEASES THROUGH ITS NEXT GENERATION RESEARCH GRANTS AND CURE ONE, CURE MANY INITIATIVES. IT FUNDED EARLY-CAREER INVESTIGATORS AND INNOVATIVE PROJECTS IN ALS, ALD, ALZHEIMER'S AND AGE-RELATED COGNITIVE DECLINE, EPILEPSY, FRONTOTEMPORAL DEGENERATION, LEWY BODY DISEASES, MULTIPLE SCLEROSIS, NEUROMUSCULAR DISEASE, NEUROLOGICAL HEALTH DISPARITIES, PARKINSON'S DISEASE, PERIPHERAL NEUROPATHY, AND STROKE. THESE GRANTS HELP LAUNCH RESEARCH CAREERS; MORE THAN 95% OF NEARLY 330 FOUNDATION-FUNDED INVESTIGATORS HAVE SECURED FOLLOW-ON SUPPORT FROM NIH OR OTHER MAJOR FUNDERS. THE FOUNDATION ALSO ADVANCED TWO CROSS-DISEASE INITIATIVES TO TARGET SHARED MECHANISMS AND ACCELERATE DISCOVERIES FOR PATIENTS.Expenses $8,135,005 · grants $8,135,005
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1717098
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H96Z)
- Assets (IRS master file)
- $22,081,098
- Income (IRS master file)
- $10,698,310
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $7,843,535 | $11,025,024 | $22,081,098 | XML |
| 990 | December 2024 | $6,240,028 | $5,254,803 | $21,621,469 | IRS |
| 990 | December 2023 | $10,383,820 | $4,956,400 | $21,918,542 | XML |
| 990 | December 2022 | $5,946,773 | $7,713,651 | $16,866,097 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1717098).
Questions about AMERICAN BRAIN FOUNDATION
- What is the EIN of AMERICAN BRAIN FOUNDATION?
- The employer identification number (EIN) of AMERICAN BRAIN FOUNDATION is 41-1717098.
- Is AMERICAN BRAIN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to AMERICAN BRAIN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN BRAIN FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMERICAN BRAIN FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN BRAIN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AMERICAN BRAIN FOUNDATION?
- The 990 for the year ended December 31, 2025 names MICHELLE HERITAGE.
- Who are the officers and directors of AMERICAN BRAIN FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 21 people; 4 received compensation from the organization, the highest $365,800 (MICHELLE HERITAGE, EXECUTIVE DIRECTOR).
- How much revenue does AMERICAN BRAIN FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $7,843,535, expenses of $11,025,024 and total assets of $22,081,098 at year end.
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