EIN 47-1349730

Usona Institute

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2014
Most recent tax filings
2021-12-01
Description
Usona Institute, Inc. ("Usona Institute or the "Institute") was incorporated on july 9, 2014 as a nonprofit corporation under the nonstock corporation law of the state of Wisconsin.
Total revenues
$18,840,870
2021
Total expenses
$13,878,540
2021
Total assets
$38,737,266
2021
Num. employees
5
2021

Program areas at Usona Institute

Conducts and supports pre-clinical and clinical research to further the understanding of the therapeutic effects of psilocybin 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.

Grants made by Usona Institute

GranteeGrant descriptionAmount
Native American Rights Fund (NARF)Support of the Indigenous Peyote Conservation Initiative Project$75,000
Erowid CenterGrant To Support Organization's Mission$50,000
Regents of the University of California at BerkeleySupport of the Global Initiative for Psychedelic Science Economics (Gipse) Project$50,000

Who funds Usona Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundHealth$2,000,000
Turnbull Family FoundationGeneral Support$769,337
The Fournier Family FoundationCharitable Irc 170 (C)(2)$250,000
...and 9 more grants received

Personnel at Usona Institute

NameTitleCompensation
Malynn UtzingerFounder of Usona and Director of Integrative Medicine
Laura McCormickDirector of Operations
Penny PattersonDirector of Communications
Babi Wadhwani-sr.Director, Clinical Development
Deepak ChopraDirector of Integrative Practices
...and 10 more key personnel

Financials for Usona Institute

RevenuesFYE 12/2021
Total grants, contributions, etc.$19,196,654
Program services$17,929
Investment income and dividends$10,296
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$8,480
Net gain from sale of non-inventory assets$-392,489
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$18,840,870

Form 990s for Usona Institute

Fiscal year endingDate received by IRSFormPDF link
2020-122021-11-01990View PDF
2019-122021-02-24990View PDF
2018-122019-11-22990View PDF
2017-122018-12-22990View PDF
2016-122017-10-16990View PDF
...and 2 more Form 990s
Data update history
May 9, 2023
Received grants
Identified 2 new grant, including a grant for $769,337 from Turnbull Family Foundation
October 15, 2022
Updated personnel
Identified 11 new personnel
July 7, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 2, 2022
Updated personnel
Identified 1 new personnel
July 2, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsHeadquarter / parent organizationsCharities
Issues
Science and technologyHealthDiseases and disorders
Characteristics
Conducts researchOperates internationallyState / local levelProvides scholarshipsTax deductible donations
General information
Address
2800 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
H90: Medical Specialty Research
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Central organization
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