Max Planck Florida Corporation
Also known as Max Planck Florida Institute for Neuroscience
Max Planck Florida Corporation reported $33.5 million in revenue and $32.6 million in expenses for calendar year 2024. Of every $100 it spent, $93.03 went to program services, $4.52 to management and general costs and $2.45 to fundraising. Its largest source of revenue was contributions and grants: 91.7% of the total. Government grants made up 26.0%. The highest compensation it reported for one person was $543,979 (CHIEF EXECUTIVE OFFICER). 31 people received more than $100,000 in reportable compensation. Revenue rose 49% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $33MFor context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $34MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.0% | 83.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.5% | 12.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.5% | 0.1% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.7% | 72.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 26.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.2% | 5.8% |
| Highest reported compensation Part VII-A, columns D–F | $543,979 | $628,890 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.67% | 1.94% |
| People paid over $100,000 Part VII, line 2 | 31 | 18 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 39.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 14 of 17 | 93.8% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseMax Planck Florida Corporation established its first scientific department in the summer of 2009 and has expanded to three research divisions and six research groups to fulfill its purpose to expand knowledge of the biosciences, and educate and train young scientists for biomedical research. The nine research labs focus in the areas of neuronal control of locomotion, disorders of neural circuit function, functional architecture and development of cerebral cortex, neural dynamics and cognitive functions, neuroenergetics, integrative neural circuits and behavior, molecular biotechnology for…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Director/trustee, officer, 40.0 hrs/week | $483,950 | $0 | $60,029 | $543,979 |
| SCIENTIFIC DIRECTOR Officer, 40.0 hrs/week | $493,349 | $0 | $44,265 | $537,614 |
| COO/TREASURER Officer, 40.0 hrs/week | $457,254 | $0 | $44,691 | $501,945 |
| SCIENTIFIC DIRECTOR Officer, 40.0 hrs/week | $365,288 | $0 | $68,420 | $433,708 |
| VP FINANCE Officer, 40.0 hrs/week | $202,643 | $0 | $53,127 | $255,770 |
| VP HUMAN RELATIONS Officer, 40.0 hrs/week | $213,116 | $0 | $38,352 | $251,468 |
| HEAD, VETERINARIAN Key employee, 40.0 hrs/week | $190,983 | $0 | $53,122 | $244,105 |
| HEAD, IMAGING & ELECTRON MICROSCOPY Key employee, 40.0 hrs/week | $180,833 | $0 | $42,683 | $223,516 |
31 people received more than $100,000 in reportable compensation from Max Planck Florida Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5184
- Volunteers Part I, line 625
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| T&M SERVICES INC Janitorial services | $179,954 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Max Planck Florida Corporation totaling $245K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Max Planck Florida Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Max Planck Florida Corporation, you can publish a response that is linked from this page.
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Of every $100 Max Planck Florida Corporation spent in 2024, $93.03 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Max Planck Florida Corporation's spending goes to programs?
In calendar year 2024, Max Planck Florida Corporation reported that 93.0% of its $32.6 million in expenses went to program services, 4.5% to management and general and 2.5% to fundraising (Form 990, Part IX).
How much does Max Planck Florida Corporation pay its top executive?
The largest total compensation Max Planck Florida Corporation reported for one person in calendar year 2024 was $543,979, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Max Planck Florida Corporation get its money?
Of $33.5 million in revenue in calendar year 2024, 91.7% came from contributions and grants (including 26.0% from government grants) and 1.2% from program service revenue (Form 990, Part VIII).
Is Max Planck Florida Corporation a registered charity?
The IRS lists EIN 26-2117502 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513029349301951 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423119349302902 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333119349302558 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223159349300632 · read the filing
- 2020: Form 990 for calendar year 2020, object 202132859349301743 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003159349305155 · read the filing
All filings for EIN 26-2117502: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.