Center for Neurologic Study

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The Center for Neurologic Study has, since its inception over 40 years ago, focused on the betterment of persons with presently incurable neurodegenerative diseases. At our outset this was a daunting challenge and still is. To invest in the future, the Center is funding start up companies who are developing novel therapeutics for the treatment of neurological disorders and we are supporting students who are interested in conducting laboratory research before going to medical school or enrolling in a PHD program. Further, cns continues its highly successful program of drug discovery and development (for details visit cnsonline.org).

From the filed return, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-3374771) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
$250K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: 990-PF Part VIII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $835K a year · 49% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$250K
to officers and key staff · 20% of spending
Pay to officers and key staff is 20% of spending.
990-PF Part VIII
1.5 mo
of spending, in cash
1.5 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Named funders
1
named funder · $27
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$12K
0.04% of total assets
Liabilities are 0.04% of assets.
990-PF Pt II · Ln 23
Revenue
$4.8M
+737% vs prior year
Spent
$1.3M
Net assets
$31.6M
By yearFY2020–FY2025
Revenue
$4.8M
FY2025▲ +737%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.7M
FY2021$2.0M
FY2022$679K
FY2023$421K
FY2024$571K
FY2025$4.8M
Expenses
$1.3M
FY2025▲ +29%
Tap a bar for its year
Expenses by fiscal year
FY2020$971K
FY2021$531K
FY2022$711K
FY2023$679K
FY2024$973K
FY2025$1.3M
Net assets
$31.6M
FY2025▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$25.2M
FY2021$27.8M
FY2022$23.4M
FY2023$26.4M
FY2024$30.1M
FY2025$31.6M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 0% · $1K Operating & administrative 100% · $1.3M

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990-PF; $250K paid to officers and key staff (990-PF Part VIII).

990-PF Part VIII · reportable compensation
President
$225,000990-PF Pt VIII
Secretary/Treasurer
$25,000990-PF Pt VIII
$0990-PF Pt VIII
$0990-PF Pt VIII
$0990-PF Pt VIII
Director
$0990-PF Pt VIII
$0990-PF Pt VIII

Compensation history total reportable pay by year · 3 named individuals · 990-PF Part VIII

NameFY2025FY2024FY2021FY2020
Richard Smith$225,000$100,000——
Richard a Smith MD——$100,000$212,500
Kathleen Myers$25,000$27,600$48,000$48,000

Total reportable compensation (Form 990-PF Part VIII column (c) / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Center for Neurologic Study executive salaries →

Programs and updates

Funds startups developing novel therapeutics and supports students pursuing neurological research.

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2 programs · $325K · in their own filed words · FY2020
01

Research

Work undertaken at CNS played a role in the introduction of interferon for the treatment of multiple sclerosis. The center participated in numerous national, experimental treatment trials involving amyotrophic lateral sclerosis, alzheimer's disease, neuropathy which led to the discovery of nuedexta which has been approved for use in the…

Form 990-PF Part IX-A, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-3374771) · Dispute this line
$325Kprogram expense
02

Public Education

Research conducted at CNS has been presented publically at medical and scientific meetings and published in leading scientific journals. These activities have been reported upon in local and national media, including NBC and CNN television, the san diego union tribune, the los angeles and new york times and scientific american.

Form 990-PF Part IX-A, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-3374771) · Dispute this line

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 1 grant · $1K · 2024–2024
Bike the US for Ms INCVA · FY2024$1,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV1
Average grantPart XV$1K
Median grantPart XV$1K
Largest grantPart XV$1K
Top cause focusNTEEDiseases & Disorders (100%)

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$4.8M
Investment income$4.5M
Other income$247K
Money out
$1.3M
Grants paid$1K
Running costs$1.3M
Owns and owes
$31.6M
net assets
Cash and savings$159K
Total assets$31.6M
Liabilities$12K
People
7
listed
Paid2
2In more detail
Revenue in detail
Investment income$4.5M
Other income$247K
Total revenue$4.8M
Assets in detailEnd of year
Cash and savings together$159K
Total assets$31.6M
Liabilities$12K
Net assets$31.6M
Operations
Employees3
Fiscal year endsJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Jan 30, 2026 $4.8M$1.3M$3.5M$31.6M 990 PDF
FY2024Filed with the IRS May 9, 2025 $571K$973K−$402K$30.1M 990 PDF
FY2023Filed with the IRS May 10, 2024 $421K$679K−$258K$26.4M 990 PDF
FY2022Filed with the IRS Jul 12, 2023 $679K$711K−$32K$23.4M 990 PDF
FY2021Filed with the IRS May 12, 2022 $2.0M$531K$1.5M$27.8M 990 PDF
FY2020Filed with the IRS May 13, 2021 $1.7M$971K$719K$25.2M 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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