Form990
Click to see list of attachments
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2020
Open to Public Inspection
A For the 2020 calendar year, or tax year beginning 01-01-2020 , and ending 12-31-2020
BCheck if applicable:
CName of organization
AMERICAN ACADEMY OF NEUROLOGY INSTITUTE
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
201 Chicago Avenue
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Minneapolis, MN55415
D Employer identification number

41-0726167
E Telephone number

(800) 879-1960
G Gross receipts $ 33,877,625
F Name and address of principal officer:
Mary Post
201 Chicago Avenue
Minneapolis,MN55415
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
www.aan.com
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1948
M State of legal domicile: MN
Part I
Summary
Activities  & Governance 1 Briefly describe the organization’s mission or most significant activities: The American Academy of Neurology Institute (AANI) provides top-tier education and scientific programming to its members and the broader medical community. The Academy is dedicated to the concept of lifelong learning and providing education opportunities that respond to members' needs over the course of their careers. However, the arrival of the COVID-19 pandemic and invocation by the US government of a public health emergency upended many of AANI's plans for 2020. First and foremost, the safety of our members and staff was of the utmost importance. Employees worked remotely from home from March through the rest of the year. Travel for meetings of the board, committees, subcommittees, and staff was cancelled and replaced by Zoom meetings whenever possible. We quickly recalibrated our approach to meetings and offered our Fall Conference, Sports Concussion Conference, and Advanced Practice Provider Conference virtually
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 20
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 17
5 Total number of individuals employed in calendar year 2020 (Part V, line 2a) ...... 5 0
6 Total number of volunteers (estimate if necessary) ............. 6 1,315
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, line 39 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 7,876,010 5,870,341
9 Program service revenue (Part VIII, line 2g) ......... 24,930,996 20,496,747
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 9,606,873 4,717,719
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 2,953,946 2,792,818
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 45,367,825 33,877,625
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 5,756,656 7,203,299
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 8,515,661 8,075,833
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 20,856,901 8,692,368
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 35,129,218 23,971,500
19 Revenue less expenses. Subtract line 18 from line 12....... 10,238,607 9,906,125
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 103,364,458 109,587,653
21 Total liabilities (Part X, line 26)............. 31,500,463 27,817,533
22 Net assets or fund balances. Subtract line 21 from line 20..... 71,863,995 81,770,120
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet 2021-07-09
Signature of officer Date
JumboBullet Kevin MyrenChief Financial Officer
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
 
PTIN
Firm's name MediumBullet
 
 
Firm's EIN MediumBullet
Firm's address MediumBullet
 
 

Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2020)
Page 2
Form 990 (2020)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: The mission of the corporation is to promote the highest quality patient-centered neurologic care.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 14,000,498 including grants of $ 5,718,650 ) (Revenue $ 16,422,336 )
Annual Meeting and Regional Conferences: The historic but necessary decision to cancel the Annual Meeting planned for Toronto left a tremendous-but temporary-void in continuing education and promotion of the latest neuroscience discoveries. We created the AAN Science Highlights website so our abstract authors could present their research. This permitted authors to upload a poster or slide set and record an audio and/or video presentation to accompany it. The site contains more than 1,600 presentations and has received over 400,000 visits since its launch..... Through a generous grant from the American Board of Psychiatry and Neurology, we were able to offer the 2019 Annual Meeting On Demand and Annual Meeting NeuroSAE products to members and ABPN diplomates at no charge. The AAN enhanced the technology and programming necessary to support our online education offerings.....The two-day virtual Sports Concussion Conference, intended to be held in our headquarters city of Minneapolis, was a hit, with 440 registrants. The virtual format proved to be a draw for international participation, as nearly 50 international registrants participated in the conference, almost triple the amount from 2019. Moreover, 68 percent of participants attended the Sports Concussion Conference for the first time..... Our virtual Advanced Practice Provider (APP) Neurology Education Series drew nearly 800 registrants. It was the highest level of participation of APPs for any form of AAN programming and continued to prove the AAN's ability to meet the needs of APPs, even in a virtual-only environment. Additionally, the online NeuroReady: Advanced Practice Provider Edition course was launched, offering a new learning opportunity to provide foundational knowledge for APPs who are one to three years out of graduation and are new to the field of neurology..... The November 6-7 virtual Fall Conference was also an overwhelming success, attracting more than 800 participants. The conference featured a track of updates in neurology, practice management, and various clinical programs geared toward a virtual audience. The conference featured a mixture of prerecorded and live talks paired with live attendee question-and-answer sessions. There were virtual networking opportunities and social events for attendees to participate in. Those who were unable to attend the conference as it happened were able to purchase Fall Conference On Demand, offering up to 21.5 CME credits..... The AANI remains dedicated to serving the needs of our members around the globe. Members outside of the United States make up 22 percent of total membership and represent 144 countries. The 2019-2020 academic year saw another successful year for the Student Interest Group in Neurology (SIGN). The AANI registered 122 SIGN chapters and their members. There were 19 international SIGN chapters in 11 countries. Through the registration efforts, we've identified more than 3,000 SIGN members. The annual registration and status update allow the AANI to stay in better communication with SIGN chapters longitudinally..... The AANI applauds the 2021 Research Program recipients who were selected in 2020. The AAN, through its ongoing partnership with the American Brain Foundation and its funding partners, awarded 18 research fellowships to a prestigious list of recipients who embody the future of neurology. We look forward to significant contributions from them in the quest to treat and cure brain disease. To help promote diversity in research, the AANI has partnered with the Medical University of South Carolina and the National Institute of Neurological Disorders and Stroke (NINDS) to implement a diversity in research grant named TRANSCENDS (Training in Research for Academic Neurologists to Sustain Careers and Enhance the Number of Diverse Scholars). The grant is for a five-year period and provides research training, AAN membership opportunities, and professional development to early-career academic neurologists from underrepresented racial and ethnic groups in the field of neurology, or with disabilities. Up to six individuals per year are selected for the grant, and six scholars were selected in 2017, 2018, and 2019. The Cohort 5 Scholars were identified in the fall of 2020. The Medical Student Member Group on Synapse, one of 60 of the AAN's member-only online communities, currently has 3,230 members. This online venue provides students a forum for sharing topics of interest and learning about opportunities offered by the AANI. While the Academy worked to support medical students in numerous ways, the fact that the pandemic forced many medical schools to close and the cancellation of the AAN Annual Meeting meant the Academy was not able to provide a number of typical offerings or education grants for medical students..... Leadership Development Large shifts in the landscape of the health care industry have led to a gap between the skills that health care leaders possess and the skills their organizations need. This gap is largely felt by physician leaders whose medical education has traditionally focused on developing excellent clinical skills, but not the fundamental leadership skills needed to advance their organizations in this changing industry. To meet these challenges, the AANI makes member leadership development an organizational priority. The Academy strives to train members through varying leadership development programs, to support and prepare them for desired leadership roles, and assist them in achieving their desired level of leadership potential throughout their careers, to ultimately increase patient and physician satisfaction and improved clinical outcomes. Since 2014, the AANI has expanded its leadership offerings by developing customized programs to address specific priority areas such as advocacy, diversity, and physician wellness, as well as to support members throughout their career. The following leadership programs address these needs: * Director Mentorship * Diversity Leadership * Emerging Leaders * Practice Leadership * Transforming Leaders * Women Leading in Neurology * Enhanced Resident Leadership * Live Well, Lead Well * Medical Student Diversity * Palatucci Advocacy Leadership The AAN's 18th annual Palatucci Advocacy Leadership Forum was cancelled due to the pandemic. However, three new webinars were offered to all alumni of the program. In 2020, the AAN conducted a series of assessments to evaluate how our leadership programs have impacted program participants. Results from the first long-term follow-up assessment showed that almost 100 percent of participants showed a desire to be engaged within the AAN and 80 percent felt that they were achieving their leadership potential.
4b (Code:   ) (Expenses $ 3,751,957 including grants of $ 8,203 ) (Revenue $ 0 )
Clinical Practice and Guidelines: In 2020, the Axon Registry(R) continued to grow, increasing participation from solo/small to large, academic practices. By year-end, participation included 159 practices and more than 2.7 million patients representing more than 15.4 million patient visits. The Axon Registry expanded its collaboration with Verana Health to include data ingestion to improve data quality and member experience. These solutions aim to improve treatments and discover cures for neurologic diseases. The Centers for Medicare & Medicaid Services (CMS) continued to approve the Axon Registry as a qualified clinical data registry. This designation opens the door for AAN members looking for a better way to submit quality data to CMS for the Merit-based Incentive Payment System (MIPS). The Axon Registry also is approved by the American Board of Psychiatry and Neurology (ABPN) as a Continuing Certification Part IV Improvement in Medical Practice Clinical Module activity, and participation in the Axon Registry waives up to eight hours of Part II Self-assessment. The Registry Subcommittee works in collaboration with the AANI's Quality Measures Subcommittee to integrate the measures into the Axon Registry. The Axon Registry now has more than 50 neurology-relevant quality measures, including several patient-reported outcome measures. Quality measures for dementia management, neurology outcomes, and headache were produced in 2020. The AANI continues to address areas of controversy and importance in its evidence-based guidelines program. There are currently 15 active projects at various stages of development, and the AAN is participating in several collaborations with our neurology partners for subspecialty-related guidelines. To help members provide optimal care for their patients, the Academy published guidelines on patent foramen ovale and secondary stroke prevention; thymectomy for myasthenia gravis; treatment for insomnia and disrupted sleep behavior in children and adolescents with autism spectrum disorder; and the prevention, diagnosis, and treatment of Lyme disease.
4c (Code:   ) (Expenses $ 2,707,637 including grants of $ 102 ) (Revenue $ 930,957 )
Continuing Medical Education Programs: Neurology Question of the Day is a free education mobile app for AAN members serving up daily questions from various neurologic subspecialities. It was developed to meet the need for more succinct learning opportunities, i.e., microlearning, which requires less commitment, making it more accessible for the average, time-strapped learner. It was an immediate success and gained nearly 7,400 subscribers by year's end and continues to grow. Throughout the year, members' online learning was augmented by the new NeuroBytes video series and NeuroLearnSM topics, which presented what neurologists needed to know about COVID-19, an introduction to teleneurology, conducting the neurologic exam via telemedicine, and complications and management of COVID-19. The COVID-19 video series hosted by Richard S. Isaacson, MD, FAAN, interviewed AAN leaders and physicians from around the world and informed neurologists and patients about the pandemic and its effects on the field of neurology overall. The AAN also created a new webinar series, "Neurology on the Leading Edge," providing a global perspective from Italy on the impact of COVID to how the US is failing the COVID-19 stress test. Neuro Products NeuroSAE(R): Two new NeuroSAE editions were launched, providing additional resources for members to support their continuing education needs and earn self-assessment CME. A total of six NeuroSAE exams are accessible through the Online Learning Center and are offered free to AAN members. NeuroLearnSM: The NeuroLearn: The Lumbosacral Plexus (Second Edition) and Introduction to Teleneurology (Second Edition), as well as the Telemedicine Barriers Lifted During the COVID-19 Pandemic courses were launched. A total of five NeuroLearn courses are accessible through the Online Learning Center and are offered to AAN members. NeuroBytes: The new NeuroBytes program consists of three- to five-minute videos designed to educate members on monthly clinical topics outlined on an Education On Demand calendar. Two videos are developed each month based on the assigned topic. To date, nearly 60 videos have been produced and are accessible and free to AAN members through the Online Learning Center. NeuroReady: The suite of preparatory courses expanded in 2020. The NeuroReady: Continuing Certification (Second Edition) was refreshed to help neurologists prepare for the American Board of Psychiatry and Neurology (ABPN) recertification exam. It joins the NeuroReady: Board Prep Edition designed to help individuals prepare for the ABPN initial certification exam. NeuroReady: Advanced Practice Provider Edition was launched in November. All NeuroReady products are accessible through the Online Learning Center. The AAN is committed to supporting academic neurologists, particularly during a crisis such as COVID-19. A series of webinars exclusively for educators was hosted by Ralph L. Sacco, MD, MS, FAHA, FAAN, immediate past president of the AAN. These webinars communicated vital information on how neurology departments could manage the financial repercussions of COVID-19; reactivation of departments' clinical operation, education, and training following closure; and sharing of best practices with neurology department chairs and academic business administrators. The Academy also produced helpful resources for clerkship directors, program directors, and medical students.
(Code:   ) (Expenses $ 43,668 including grants of $ 0 ) (Revenue $ 0 )
Public and Patient Education: The AAN Institute Board of Directors went one big step further and created the Neurology COVID-19 Relief Fund to assist our colleagues in the neurologic community with hardship support grants for individuals and practices impacted by the pandemic. The AAN provided a $100,000 seed fund and an additional $150,000 match. Contributing sponsors included Boston Scientific, Wolters Kluwer, Lundbeck, LLC., Teva, Amneal Pharmaceuticals, Inc., Merz, Amlyx Pharmaceuticals, Ovid Therapeutics, McKesson, Verana Health, and BrainStorm Cell Therapeutics. There were 15 grant applications totaling $259,580 approved, with recipients grateful for the support, which allowed them to continue to see their patients and protect their essential staff.............................. The Brain Health Fair, an annual free public event presented by the AANI during the Annual Meeting to connect neurology patients, caregivers, students, and anyone interested in brain health, was cancelled along with the Annual Meeting planned for Toronto.
4d Other program services (Describe in Schedule O.)
(Expenses $ 43,668 including grants of $ 0 ) (Revenue $ 0 )
4e Total program service expensesMediumBullet20,503,760
Form 990 (2020)
Page 3
Form 990 (2020)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III..
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D,
Part III..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D,
Part VI. Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
Click to see attachment......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I(see instructions) ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
Form 990 (2020)
Page 4
Form 990 (2020)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in lines 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
Yes
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ..
1a
89
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2020)
Page 5
Form 990 (2020)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
0
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
 
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletCA
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see instructions and file Form 4720, Schedule N.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
Form 990 (2020)
Page 6
Form 990 (2020)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
20
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
17
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
 
No
b
Other officers or key employees of the organization ................
15b
 
No
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
MN
18
Section 6104 requires an organization to make its Form 1023 (or 1024-A if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletKevin C Myren201 Chicago Avenue   Minneapolis,MN55415 (612) 928-6100
Form 990 (2020)
Page 7
Form 990 (2020)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Catherine M Rydell......................................................................
Chief Executive Director January - June
4
.................
41
    X       0 571,525 31,721
(2) Christine Phelps......................................................................
Deputy Executive Director, AANI
35
.................
13
      X     0 408,614 46,533
(3) Mary E Post......................................................................
Chief Executive Director March - December
4
.................
54
    X       0 406,167 47,429
(4) Jason Kopinski......................................................................
Deputy Executive Director, AAN
14
.................
29
      X     0 389,265 53,264
(5) John Hutchins......................................................................
General Counsel
25
.................
28
      X     0 294,418 49,347
(6) Timothy Engel......................................................................
Chief Financial Office January - August
11
.................
26
    X       0 287,114 23,524
(7) James C Stevens MD FAAN......................................................................
Chair
15
.................
15
X   X       0 191,908 0
(8) Orly Avitzur MD MBA FAAN......................................................................
Chair Elect
2
.................
2
X   X       0 165,616 0
(9) Kevin Myren......................................................................
Chief Financial Officer August - December
0
.................
51
    X       0 90,877 9,832
(10) Ann H Tilton MD FAAN......................................................................
Vice Chair
1.5
.................
1.5
X   X       0 30,000 0
(11) Charlene Gamaldo MD FAAN......................................................................
Director
1
.................
1
X           0 2,500 0
(12) Elaine C Jones MD FAAN......................................................................
Director
1
.................
1
X           0 1,146 0
(13) Ralph L Sacco MD FAAN......................................................................
Past Chair
1.5
.................
1.5
X           0 0 0
(14) Charles C Flippen II MD FAAN......................................................................
Secretary - Treasurer
2.5
.................
 
X   X       0 0 0
(15) Lyell K Jones Jr MD FAAN......................................................................
Director
3.5
.................
0
X           0 0 0
(16) Brenda Banwell MD FAAN......................................................................
Director
1.5
.................
1.5
X           0 0 0
(17) Jose G Merino MD MPhil FAHA FAAN......................................................................
Director
0
.................
0
X           0 0 0
Form 990 (2020)
Page 8
Form 990 (2020)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Sarah M Benish MD FAAN........................................................................
Director
1
.......................1
X           0 0 0
(19) Natalia Rost MD MPH FAHA FAAN........................................................................
Director
3
.......................0
X           0 0 0
(20) A Gordon Smith MD FAAN........................................................................
Director
2
.......................0
X           0 0 0
(21) James N Goldenberg MD FAAN........................................................................
Director
2
.......................2
X           0 0 0
(22) Jonathan P Hosey MD FAAN........................................................................
Director
1.5
.......................1.5
X           0 0 0
(23) Carlayne E Jackson MD FAAN........................................................................
Director
1.5
.......................1.5
X           0 0 0
(24) Shannon M Kilgore MD FAAN........................................................................
Director
1.5
.......................1.5
X           0 0 0
(25) Brett M Kissela MD MS FAAN........................................................................
Director
1
.......................1
X           0 0 0
(26) Janis Miyasaki MD MeD FAAN........................................................................
Director
3
.......................3
X           0 0 0
(27) Thomas R Vidic MD FAAN........................................................................
Director
1.5
.......................1.5
X           0 0 0






1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 0 2,839,150 261,650
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet18
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual
...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
American Academy of Neurology

201 Chicago Avenue
Minneapolis,MN55415
Services of Shared Employees 2,842,964
FIGMD Inc

6952 Rote Rd
Suite 400
Rockford,IL61107
Monthly Fee for Software 412,500
Modern Tribe Inc

400 S 4th St
410 87810
Minneapolis,MN554022150
Software Development 300,417
Smikle Training Services

4641 Willowgrove Dr
Ellicott City,MD21042
Training Services 148,884
Freeman Decorating Company

PO Box 650036
Dallas,TX752650036
Decorating Services 145,000
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet7
Form 990 (2020)
Page 9
Form 990 (2020)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a 0
b Membership dues..1b 0
c Fundraising events..1c 0
d Related organizations1d 0
e Government grants (contributions)1e 0
f All other contributions, gifts, grants, and similar amounts not included above1f 5,870,341
g Noncash contributions included in lines 1a - 1f:$ 1g 0
h Total. Add lines 1a-1f.......MediumBullet 5,870,341
 Program Service RevenueAmt Business Code
2a Conference/Educational Fees 541900 12,497,524 12,497,524 0 0
b Products/Publications 511120 4,855,769 4,855,769 0 0
c Management/Access Fee 561000 1,663,454 1,663,454 0 0
d Dues 541900 1,480,000 1,480,000 0 0
e
f All other program service revenue. 0 0 0 0
g Total. Add lines 2a–2f .....MediumBullet 20,496,747
 OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 3,230,411 3,230,411 0 0
4 Income from investment of tax-exempt bond proceedsMediumBullet 0 0 0 0
5 Royalties...........MediumBullet 2,091,523 2,091,523 0 0
(ii) Personal (i) Real
6a Gross rents     6a
b Less: rental expenses     6b
c Rental income or (loss) 0 0 6c
d Net rental income or (loss).......MediumBullet        
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory 0 1,487,308 7a
b Less: cost or other basis and sales expenses 0 0 7b
c Gain or (loss) 0 1,487,308 7c
d Net gain or (loss).........MediumBullet 1,487,308 1,487,308 0 0
8a Gross income from fundraising events (not including $ 0of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a 2,500
b Less: cost of goods sold .. 10b 0
c Net income or (loss) from sales of inventory..MediumBullet 2,500 2,500 0 0
Business Code Miscellaneous Revenue
11a Miscellaneous Revenue 900099 698,795 698,795 0 0
b            
c            
d All other revenue .... 0 0 0 0
e Total. Add lines 11a–11d ...... MediumBullet 698,795
12 Total revenue. See instructions.....MediumBullet 33,877,625 28,007,284 0 0
Form 990 (2020)
Page 10
Form 990 (2020)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.
(A)
Total expenses
(B)
Program service expenses
(C)
Management and general expenses
(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 6,951,249 6,951,249
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 198,200 198,200
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 53,850 53,850
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ...........        
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........        
7 Other salaries and wages........ 6,139,108 5,750,396 388,712  
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 579,164 542,493 36,671  
9 Other employee benefits ....... 944,602 884,792 59,810  
10 Payroll taxes ........... 412,959 386,812 26,147  
11 Fees for services (non-employees):        
a Management ...... 2,842,964 1,930,389 912,575  
b Legal ......... 26,006 15,149 10,857  
c Accounting ........... 27,410   27,410  
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 34,515   34,515  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 1,440,101 1,417,565 22,536  
12 Advertising and promotion .... 108,230 107,443 787  
13 Office expenses ....... 605,834 557,312 48,522  
14 Information technology ......        
15 Royalties ..        
16 Occupancy ........... 1,194,194   1,194,194  
17 Travel ............ 395,900 395,900    
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 857,482 856,985 497  
20 Interest ...........        
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 743,091 37,318 705,773  
23 Insurance ... 48,557 48,557    
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a Dues and Subscriptions 144,795 144,337 458 0
b Stipends / Honoraria 212,271 212,271 0 0
c Allowance Doubtful Accounts -1,724 0 -1,724 0
d
e All other expenses 12,742 12,742    
25 Total functional expenses. Add lines 1 through 24e 23,971,500 20,503,760 3,467,740 0
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2020)
Page 11
Form 990 (2020)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year
(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 7,810,502 1 3,622,153
2 Savings and temporary cash investments ......... 9,597,670 2 15,676,122
3 Pledges and grants receivable, net ...... 1,533,123 3 1,211,459
4 Accounts receivable, net ............. 40,924 4 8,109
5 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ........... 0 7 0
8 Inventories for sale or use ............ 0 8 0
9 Prepaid expenses and deferred charges ...... 357,238 9 198,791
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 21,613,561
b Less: accumulated depreciation 10b 6,463,399 15,522,808 10c 15,150,162
11 Investments—publicly traded securities . 63,424,095 11 67,719,544
12 Investments—other securities. See Part IV, line 11 ..... 5,078,098 12 6,001,313
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ...........   15  
16 Total assets. Add lines 1 through 15 (must equal line 33)... 103,364,458 16 109,587,653
Liabilities 17 Accounts payable and accrued expenses ..... 3,952,535 17 1,893,362
18 Grants payable ... 4,380,795 18 5,859,385
19 Deferred revenue ......... 5,641,321 19 2,650,226
20 Tax-exempt bond liabilities .........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties .. 9,222,387 23 8,484,531
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 8,303,425 25 8,930,029
26 Total liabilities. Add lines 17 through 25.. 31,500,463 26 27,817,533
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 71,238,992 27 81,425,418
28 Net assets with donor restrictions ........... 625,003 28 344,702
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 71,863,995 32 81,770,120
33 Total liabilities and net assets/fund balances ........ 103,364,458 33 109,587,653
Form 990 (2020)
Page 12
Form 990 (2020)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
33,877,625
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
23,971,500
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
9,906,125
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
71,863,995
5
Net unrealized gains (losses) on investments ...............
5
0
6
Donated services and use of facilities .................
6
0
7
Investment expenses .....................
7
0
8
Prior period adjustments .....................
8
0
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
81,770,120
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
 
No
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
 
 
Form 990 (2020)
Form 990 (2020)
Additional Data


Software ID: 20012124
Software Version: v1.00
Form 990, Special Condition Description:
Special Condition Description