The Brain Observatory is located in San Diego, CA. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brain Observatory 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 12/2022, Brain Observatory generated $122.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $104.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT RESEARCH, EDUCATION, AND ART TO FOSTER MENTAL HEALTH IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3
SUPPORT RESEARCH, EDUCATION, AND ART TO FOSTER MENTAL HEALTH IN THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacopo Annese CEO | 20 | $13,000 | |
Katarzyna Brzezika CFO | 4 | $0 | |
Craig Decker Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,630 |
| Total Program Service Revenue | $1,721 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,370 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,000 |
| Professional fees and other payments to independent contractors | $30,750 |
| Occupancy, rent, utilities, and maintenance | $18,136 |
| Printing, publications, postage, and shipping | $1,732 |
| Other expenses | $40,718 |
| Total expenses | $104,336 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,894 |
| Other assets | $0 |
| Total assets | $222,309 |
| Total liabilities | $12,534 |
| Net assets or fund balances | $209,775 |