In biological membranes, functional domains or so-called lipid “rafts” have proven difficult to study systematically, owing in part to their chemical complexity and that of membrane composition, which often contains thousands of different biomolecules, including hundreds of distinct lipid species. Neutron scattering techniques have recently proven capable of studying nanoscopic lipid heterogeneities populating spherical vesicles. However, the development of analytical approaches capable of predicting and analyzing nanoscopic lipid phase separation from such experiments has not kept up with experiment. Importantly, neutron scattering techniques are among the few capable of providing nanoscale structural and dynamical information without the need of extrinsic probes (e.g., fluorescent labels) that are sometimes known to alter the interactions responsible for lipid rafts formation.