AMERICAN ACADEMY OF NEUROLOGY

EIN: 611532062 Community Improvement

Minneapolis, MN

Total Revenue
$44,101,519
Total Expenses
$41,364,661
Total Assets
$40,076,976
Net Assets
$24,469,514
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MN
Principal Officer
Mary Post
Phone
6129286100
Tax Period
2024-01-01 to 2024-12-31

AMERICAN ACADEMY OF NEUROLOGY, founded in 2007, is a mid-sized nonprofit in the Community Improvement sector that reported $44.1M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $41.4M left a modest 6% surplus.

Mission

The Academy's mission is to enhance member career fulfillment and promote brain health for all.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

Membership: The AAN continued to prove its value to neurology in 2024 by maintaining record membership recruitment and retention. Neurologists and neuroscience professionals from around the world...

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Membership: The AAN continued to prove its value to neurology in 2024 by maintaining record membership recruitment and retention. Neurologists and neuroscience professionals from around the world make up more than 40,000 AAN members, and the organization saw a total membership growth of approximately 2%.

Program 2
Expenses: $0 Revenue: $0

Training/Tools/Resources: The AAN continued in 2024 to offer resources that help members enhance the efficiency of daily practice operations and provide optimal patient care. To help members stay on...

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Training/Tools/Resources: The AAN continued in 2024 to offer resources that help members enhance the efficiency of daily practice operations and provide optimal patient care. To help members stay on the cusp of new technological advances, the AAN created resources for navigating AI, formed the AI Oversight Work Group to identify gaps and opportunities in this area, and launched a virtual Coding Lab to provide important coding resources.

Program 3
Expenses: $0 Revenue: $0

Publications: The publication of scientific, scholarly, and practice-related content is a vital part of the AAN's activities. This work is essential to the careers of our members and the advancement...

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Publications: The publication of scientific, scholarly, and practice-related content is a vital part of the AAN's activities. This work is essential to the careers of our members and the advancement of neuroscience, which aims to discover prevention and treatments for brain disease. The AAN's publications offer this content and resources to members and provide an opportunity to generate revenue that helps keep membership dues low. Several of these important publications saw enhancements in 2024. The AAN's flagship Neurology(R) journal shifted print publication from four issues to two compendia of continuously published articles per month, streamlining publication and reducing the publication's carbon footprint, and our Brain & Life(R) Books series published a new book for patients and caregivers navigating restless legs syndrome.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $256,075
Program Service Revenue $42,410,595
Investment Income $1,355,549
Other Revenue $79,300
TOTAL REVENUE $44,101,519

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,478,959
Fundraising Expenses $0
Program Expenses $0
Other Expenses $16,885,702
TOTAL EXPENSES $41,364,661

Year-over-Year Comparison

2024 2023 Change
Revenue $44,101,519 $49,078,054 -0.1%
Expenses $41,364,661 $44,925,683 -0.1%
Net Income $2,736,858 $4,152,371 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
16
Employees
245
Volunteers
2317

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$1,501,198
Total Directors
19
$410,893
Key Employees
4
$1,640,311
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary E Post Chief Executive Officer 48
Officer
$663,508 $63,773 $727,281
Kelly Ricker Chief Learning Officer 4
$459,242 $25,725 $484,967
Jason Kopinski Chief Strategy and Programs Officer 30
Key Emp
$407,802 $63,773 $471,575
Angela Babb Chief Operations Officer 48
Key Emp
$350,718 $57,031 $407,749
John Hutchins General Counsel/ Chief Legal Officer 42
Key Emp
$345,647 $59,945 $405,592
Kevin C Myren Chief Financial Officer 29
Officer
$329,030 $38,164 $367,194
Deanna Ekholm Chief People, Diversity & Administrative Officer 49
Key Emp
$325,920 $29,475 $355,395
Patricia Baskin Deputy Chief, Publications 50
Highest
$195,176 $28,098 $223,274
Amanda Becker Deputy Chief, Practice 35
Highest
$195,510 $19,082 $214,592
Christine Kokaisel Deputy Chief, Membership 49
Highest
$181,079 $32,917 $213,996
Susan Rodmyre Senior Director, Science and Workforce Development 1
Highest
$175,490 $35,017 $210,507
Matthew Kerschner Director, Regulatory Affairs and Policy 42
Highest
$182,971 $18,793 $201,764
Sukhjeet Ahuja Chief Health Policy and Quality Officer 29
$167,717 $5,817 $173,534
Carlayne E Jackson MD FAAN President 10
Officer Director
$170,000 $0 $170,000
Orly Avitzur MD MBA FAAN Immediate Past President 2
Officer Director
$122,739 $0 $122,739
Natalia S Rost President Elect 5
Officer Director
$80,000 $0 $80,000
Janis Miyasaki MD MEd FRCPC FAAN Vice President 1
Officer Director
$33,484 $0 $33,484
Jose H Posas MD FAAN Director 1
Director
$0 $0 $1,750
Nimish A Mobile MD FAAN Director (ex officio) 1
Director
$0 $0 $1,000
Maisha T Robinson MD MSHPM FAAN Director (ex officio) 1
Director
$0 $0 $820
Larry B Goldstein MD FAHA FAAN Director 1
Director
$0 $0 $800
Bruce H Cohen MD FAAN Director (ex officio) 1
Officer
$0 $0 $500
Brad C Klein MD MBA FAAN Director (ex officio) 1
Director
$0 $0 $300
Bruce Ovbiagele MD MSC MAS MBA FAAN Director 1
Director
$0 $0 $0
Jennifer Bickel MD FAAN Director 1
Director
$0 $0 $0
Jeffrey C McClean II MD FAAN Director 1
Director
$0 $0 $0
Jose G Merino MD MPhil FAHA FAAN Director (ex officio) 1
Director
$0 $0 $0
Wayne E Anderson DO FAHS FAAN Director 1
Director
$0 $0 $0
Charles C Flippen II MD FAAN Treasurer 1
Officer Director
$0 $0 $0
Lily Jung Henson MD MMM FAAN Director 1
Director
$0 $0 $0
Sarah M Benish MD FAAN Secretary 0
Officer Director
$0 $0 $0
Shannon M Kilgore MD FAAN Director 1
Director
$0 $0 $0
Gregory J Esper MD MBA FAAN Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $44,101,519 $41,364,661 $40,076,976 $2,736,858
2023 $49,078,054 $44,925,683 $38,034,418 $4,152,371
2022 $46,445,726 $44,135,235 $33,587,910 $2,310,491
2021 $44,720,544 $37,872,142 $40,490,110 $6,848,402
2020 $40,390,295 $38,737,261 $34,221,511 $1,653,034
2019 $40,149,794 $37,169,802 $26,791,349 $2,979,992
2018 $34,993,781 $35,601,612 $25,567,850 $-607,831
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