EIN 47-1349730

Usona Institute

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2014
Most recent tax filings
2023-12-01
Description
Usona Institute conducts and supports pre-clinical and clinical research to advance knowledge of the therapeutic effects of consciousness-expanding medicines for depression/anxiety. Its mission is to operate exclusively for charitable, scientific, and educational purposes, including conducting and supporting medical, scientific, and social science research and education on medicines and practice. The institute's work focuses on compounds such as psilocybin, 5-meo-dmt, among others. University of Wisconsin hospitals and clinics (uw) serves as a clinical partner.
Total revenues
$54,880,999
2023
Total expenses
$17,293,190
2023
Total assets
$180,248,504
2023
Num. employees
3
2023

Program areas at Usona Institute

Conducts and supports pre-clinical and clinical research to further the understanding of the therapeutic effects of psilocybin, 5-meo-dmt, and other consciousness-expanding medicines. University of Wisconsin hospitals and clinics (uw) serves as a clinical research center associated with the university of wisconsin-madison. There are several Usona collaborations with the uw that include researchers and staff under appointment with the hospital. Usona has contracted safety and efficacy clinical studies with the uw for our drug development programs, offers internships, funds uw scholarships, and is building a future training program for clinical facilitators in partnership with the uw. Completed phase 2 clinical trial for psilocybin and are nearing completion of phase 1 for 5-meo-dmt.

Who funds Usona Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Tiny Blue DotSupporting Preclinical and Clinical Studies of 5-meo-dmt and Psilocybin (Two Consciousness-Expanding Medicines) for Treating Mental Health Disorders$3,050,000
Schwab Charitable FundHealth$2,000,000
National Philanthropic TrustHealth$500,000
...and 4 more grants received

Personnel at Usona Institute

NameTitleCompensation
Fedora DayeDirector, Ra Pharmaceutical Products
Kajsa Dalrymple, PhDSenior Manager, Communications
Sarah SchneiderManager, Human Resources
William A LintonPresident$0
Robert JesseSecretary Through May$36,000
...and 2 more key personnel

Financials for Usona Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$53,766,608
Program services$76,753
Investment income and dividends$103,480
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$14,112
Net gain from sale of non-inventory assets$461,294
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$214,986
Miscellaneous revenues$243,766
Total revenues$54,880,999

Form 990s for Usona Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-24990View PDF
2022-122023-06-29990View PDF
2021-122022-06-01990View PDF
2020-122021-11-01990View PDF
2019-122021-02-24990View PDF
...and 5 more Form 990s
Data update history
October 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $3,050,000 from Tiny Blue Dot
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $120,900 from The Joe and Sandy Samberg Foundation
August 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Medical research organizationsResearch centersHeadquarter / parent organizationsCharities
Issues
Science and technologyHealth
Characteristics
Conducts researchOperates internationallyProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
2881 Woods Hollow Rd
Madison, WI 53711
Metro area
Madison, WI
County
Dane County, WI
Website URL
usonainstitute.org/ 
Phone
(608) 278-7662
IRS details
EIN
47-1349730
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H00: Medical Research: General
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0287281
FTB Entity ID
4615022
AB 488 data last updated ("as-of") date
2024-11-06
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