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EIN 85-4272437

The Pearl Psychedelic Institute

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Waynesville
State
North Carolina
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
H00: Medical Research: General
Description
The Pearl Psychedelic Institute advances the study and understanding of psychedelic medicines through research, treatment, training, and community education. Its mission is focused on bringing psychedelic-assisted psychotherapy into mainstream practice while reducing barriers to patient access. It is a nonprofit organization committed to promoting healing and wellness through innovative therapies.
Total revenues
$630,212
2023
Total expenses
$539,456
2023
Total assets
$82,530
2023
Num. employees
5
2023

Program areas at The Pearl Psychedelic Institute

Research, treatment, training and community education.

Who funds The Pearl Psychedelic Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Steven and Alexandra Cohen FoundationPatient Support$265,500
Multidisciplinary Association for Psychedelic StudiesGeneral Support$11,289
Evergreen FoundationFunding for Therapist Training and Community Education for Local Therapist, Including Purchase of Training Equipment, Provide Ceus and Conduct the Training.$10,000
...and 2 more grants received

Personnel at The Pearl Psychedelic Institute

NameTitleCompensation
Bill ZimmerBoard Member$22,500
Kim TurpinDevelopment Director
Collin O'BerrySecretary$0
John Michael KledisTreasurer$0
Kelly Knippel ButlerBoard Member$0
...and 1 more key personnel

Financials for The Pearl Psychedelic Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$630,212
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$630,212

Form 990s for The Pearl Psychedelic Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-09-15990EZView PDF
2021-122022-06-10990EZView PDF

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Everyone ReadingBrooklyn, NY$679,877
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Diabetes Research ConnectionDel Mar, CA$737,712
Data update history
January 3, 2025
Received grants
Identified 1 new grant, including a grant for $265,500 from Steven and Alexandra Cohen Foundation
August 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 7, 2024
Updated personnel
Identified 7 new personnel
December 31, 2023
Received grants
Identified 5 new grant, including a grant for $11,289 from Multidisciplinary Association for Psychedelic Studies
November 13, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
Nonprofit Types
Social advocacy organizationsMedical research organizationsCharities
Issues
Health
Characteristics
Conducts researchTax deductible donationsAccepts online donations
General information
Address
255 Chestnut Flats LN
Waynesville, NC 28786
Metro area
Asheville, NC
County
Haywood County, NC
Website URL
pearlpsychedelicinstitute.org/ 
Phone
(828) 507-1421
IRS details
EIN
85-4272437
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H00: Medical Research: General
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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