Multiple Sclerosis Research Council in Golden Valley, Minnesota (MN)
Table of contents:
| Multiple Sclerosis Research Council | |
| Employer Identification Number (EIN) | 201316818 |
| Name of Organization | Multiple Sclerosis Research Council |
| Address | 4225 Golden Valley Rd, Golden Valley, MN 55422-4215 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2005 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $76,667 |
| Amount of Income | $49,210 |
| Form 990 Revenue Amount | $11,201 |
| National Taxonomy of Exempt Entities (NTEE) | Medical Research: Nerve, Muscle, Bone Research |
Non-representatives - add comments:
Amount of income in 2013: $49,210 (it was $22,734 in 2012)
| Multiple Sclerosis Research Council: | $49,210 |
| Other organizations performing similar types of work: | $58,600 |
Assets in 2013: $76,667 (it was $73,805 in 2012)
| This organization: | $76,667 |
| Other organizations performing similar types of work: | $51,001 |
Expenses in 2013: $8,340
| Multiple Sclerosis Research Council: | $8,340 |
| Other organizations performing similar types of work: | $62,508 |
Income to expenses ratio in 2013: 5.9
| Multiple Sclerosis Research Council: | 5.9 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 0.0%
| Multiple Sclerosis Research Council: | 0.0% |
| Other organizations performing similar types of work: | 63.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $9,028 | $16,625 | $12,528 | $11,201 |
| Contributions, gifts, grants, and similar amounts received | $13,500 | $17,390 | $2,213 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $525 | $165 | $80 | $41 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $-4,997 | $-930 | $10,235 | $11,160 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $10,245 | $6,856 | $20,441 | $49,169 |
| Less: direct expenses from gaming and fundraising events | $15,242 | $7,786 | $10,206 | $38,009 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $83,995 | $59,606 | $6,394 | $8,340 |
| Total net assets | $110,652 | $67,671 | $73,805 | $76,667 |
| Excess/Deficit for the year | $-74,967 | $-42,981 | $6,134 | $2,861 |
| Net assets or fund balances at beginning of year | $185,619 | $110,652 | $67,671 | $73,806 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $110,652 | $73,805 | $76,667 | |
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $116,403 | $67,671 | $73,805 | $76,667 |
| Total liabilities | $5,751 | $0 | $0 | $0 |
| Net assets or fund balances | $110,652 | $67,671 | $73,805 | $76,667 |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $37,538 |
| Subtotal Support | $66,212 |
| Gifts, grants, contributions, and membership fees received | $66,212 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $28,674 |
| Total Support | $68,500 |
| Public Support | $66,212 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $2,288 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $49,210 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Aospine North America Inc | PO BOX 1755, Paoli, PA 19301-9755 | PA | 2011-08 | $5,180,147 |
| 2 | Jacobs Institute Inc | 875 Ellicott Street 5th Floor, Buffalo, NY 14203-1070 | NY | 2010-07 | $2,972,713 |
| 3 | Child Neurology Education And Research Foundation | 201 Chicago Avenue No 200, Minneapolis, MN 55415-1126 | MN | 2001-05 | $1,098,452 |
| 4 | Tria Orthopaedic Center Research Institute | 8100 Northland Dr, Bloomington, MN 55431-4800 | MN | 2006-10 | $685,998 |
| 5 | Beacon Orthopaedic Research & Education Foundation | 500 E Business Way Ste A, Cincinnati, OH 45241-2374 | OH | 2010-12 | $628,263 |
| 6 | Teamgive | 90 West 500 South 118, Bountiful, UT 84010 | UT | 2009-06 | $397,068 |
| 7 | The New Albany Surgical Hospital Foundation | 70 S Cleveland Avenue, Westerville, OH 43081-1397 | OH | 2000-11 | $354,199 |
| 8 | Spin Research And Education Inc | 2910 N 3rd Ave, Phoenix, AZ 85013-4434 | AZ | 2004-12 | $325,805 |
| 9 | Twin Cities Orthopedics Foundation | 4200 Dahlberg Dr Ste 300, Golden Valley, MN 55422-4841 | MN | 2006-02 | $322,303 |
| 10 | The International Thyroid Cancer Study Group Inc | 5166 Commercial Dr, Yorkville, NY 13495-1109 | NY | 2007-07 | $316,179 |
| 11 | Tri-State Multiple Sclerosis Association Inc | 971 C Kenmore Drive, Evansville, IN 47714-7514 | IN | 2001-01 | $222,011 |
| 12 | Soft Bones Inc The Us Hypophosphatasia Foundation, Soft Bones | 121 Hawkins Place Suite 267, Boonton, NJ 07005-1127 | NJ | 2010-05 | $179,035 |
| 13 | Clear Institute Inc | 437 N 33rd Ave, St Cloud, MN 56303 | MN | 2011-01 | $170,041 |
| 14 | Bennett Clayton Foundation For Children With Oi | 36910 County Road 15, St Peter, MN 56082-4021 | MN | 2004-08 | $144,894 |
| 15 | St Paul Orthopedic Foundation | 710 Commerce Dr Ste 200, Woodbury, MN 55125-4925 | MN | 2001-06 | $104,000 |
| 16 | Multiple Sclerosis Research Council | 4225 Golden Valley Rd, Golden Valley, MN 55422-4215 | MN | 2005-07 | $49,210 |
| 17 | Pudendal Neuralgia Foundation | Po Box 251143, Woodbury, MN 55125 | MN | 2006-06 | $4,975 |
| 18 | Foundation For Advancement Of Spinal Knowledge | 913 E 26th St Ste 600, Minneapolis, MN 55404-4515 | MN | 2005-03 | $324 |
| 19 | Foundation For Orthopaedic Excellence | 5803 Neal Ave N, Oak Park Hts, MN 55082-2177 | MN | 2008-03 | $1 |
| 20 | Quantitative Sensation Testing Society | 811 Guggenheim Bldg, Rochester, MN 55905 | MN | 2005-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 200 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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