Child Mind Institute
Legal name: Child Mind Institute Inc
Nonprofit profile at a glance
- EIN
- 800478843
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024, Form 990-N 2009
- Location
- New York, NY, US
- Phone
- (212) 308-3118
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $87,621,064
- Expenses
- $98,919,450
- Assets
- $169,432,456
- Liabilities
- $106,879,098
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
49 people listed
Executive titles in this filing
- HAROLD KOPLEWICZ MD (PRESIDENT)
- MARY CORCORAN (EXECUTIVE DIRECTOR (UNTIL 6/2024))
Highest reported compensation
- HAROLD KOPLEWICZ MD (PRESIDENT): $3,250,814 total reported compensation
- MICHAEL MILHAM MD PHD (CHIEF SCIENCE OFFICER): $622,843 total reported compensation
- MARY CORCORAN (EXECUTIVE DIRECTOR (UNTIL 6/2024)): $548,075 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Child Mind Institute is dedicated to transforming the lives of children and families experiencing mental health and learning disorders by giving them the help they need to thrive.
What it reported doing in 2024
Science and innovation (see schedule o)cmi has a science and innovation mission that strives to create a world where every child has access to mental health care that is efficient, effective, and personalized. Timely, accurate diagnoses and efficient interventions are central to the cmi vision. As such, our mission is to accelerate the pace of scientific innovation and discovery in children's mental health and learning. We are committed to democratizing inquiry by making tools and data freely available to the global scientific community. This helps to foster collaborations that can test, improve upon, and adopt innovative open solutions for the benefit of every child.on the shoulders of giants - each year, cmi's scientific research council selects a scientist to receive the distinguished scientist award for his or her lifetime of research and contributions to the fields of children's mental health and developmental neuroscience. At the on the shoulders of giants symposium, the awardee is a featured speaker, along with two generations of his or her proteges.center for the developing brain - psychiatric diagnosis is limited by a lack of objective tools for assessing symptoms and behaviors. The center leads a multidisciplinary effort to redefine diagnosis based on underlying neurobiology, leading to the development of better diagnostic tools. We use advanced experimental and analytical techniques to determine how brain function and structure differ among individuals and are impacted by mental illness across development. Central to our open science agenda, the center houses the international neuroimaging data-sharing initiative (indi) and other open data sets and pipelines, which have served as flagships for open science in the brain imaging community. Collectively, these resources have led to more than 3,000 papers from researchers around the globe using data from cmi initiatives. It is estimated that reuse of this data has saved the field $3-5 billion, compared to if each study was required to generate the data independently.computational neuroimaging laboratory - accelerating the pace of scientific discovery requires significant innovation in the analysis methods employed by scientists. The laboratory is building the infrastructure necessary by providing high quality, scalable, and reproducible turnkey solutions to computational challenges in image processing and analysis. Widespread access will enable scientists everywhere to deploy large-scale analyses without extensive expertise. All software generated is openly shared throughout the development cycle.healthy brain network - the healthy brain network (hbn) is an innovative neuroscience research program aimed at building the largest, most comprehensive data resource focused exclusively on children and adolescents and sharing the data with scientists globally. Through a proven big data and open science paradigm, we expect that this initiative will spur the discovery of brain-based biomarkers of psychiatric and learning disorders. Cmi expects that the research will lead to the development of objective clinical tools for mental health practitioners to provide more accurate diagnoses and treatment protocols for struggling children. Scientific research council - selected from among the nation's top children's mental health scientists, the scientific research council brings together scientists and research clinicians to create a global incubator for collaborative research in children's mental health. Functioning as a multi-institutional scientific think-tank, the council includes distinguished scientists in the fields of child and adolescent psychiatry, psychology, neuroscience, and neurology, and experts in anxiety and mood disorders, adhd, autism spectrum disorders, and eating disorders.matter lab - the matter ("mental assistive technologies for therapy, education, and research") lab is developing wearable technologies and mobile apps that help gather real-world data useful for s
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 78
- Accountability: 100
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.7%; rating input score 89
- Program expense ratio: 78.2%; rating input score 78
- Fundraising efficiency: $7.37 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 99.9%; rating input score 100; 47th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -12.9%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 1.71; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.63; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 6.1%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 19.9% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 15.4% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 19% per year; rating input score 100; 92nd percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 88.7% of revenue deployed · 78.2% of spending went to programs
- Governance: 38 of 38 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $77.3M in reported program spending
- Leadership: top reported pay $3.3M · 49 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $22.8M reported
- Consistency: 45 of 46 current checks pass · 1 finding to review
- Schedules: 12 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 27 filed money-flow records
- Related organizations: 18 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
- High — Sustainability: Operating margin scored 6/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.