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← INSTITUTE FOR ADVANCED CONSCIOUSNESS STUDIES INC

Form 990 for tax year 2023

Filed by INSTITUTE FOR ADVANCED CONSCIOUSNESS STUDIES INC.

Totals

Total revenue
$1,252,687
Total expenses
$1,319,103
Contributions and grants received
$1,252,687
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$641,574
Total liabilities, end of year
$222,535
Net assets or fund balances, end of year
$419,039
Program services expenses (Part IX)
$1,051,656
Management and general expenses
$256,110
Fundraising expenses
$11,337
Program service expenses (Part III)
$1,051,656

Program services were 79.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,252,687

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $113,373 · program services $79,361 · management and general $22,675 · fundraising $11,337

  • 11c · Fees: accounting

    total $6,800 · management and general $6,800

  • 11g · Fees: other

    total $777,923 · program services $551,931 · management and general $225,992

  • 12 · Advertising and promotion

    total $3,377 · program services $3,377

  • 13 · Office expenses

    total $78,851 · program services $78,851

  • 14 · Information technology

    total $11,368 · program services $11,368

  • 16 · Occupancy

    total $3,193 · program services $3,193

  • 17 · Travel

    total $7,051 · program services $7,051

  • 22 · Depreciation, depletion and amortization

    total $59,719 · program services $59,719

  • 23 · Insurance

    total $495 · program services $495

  • 24a · Other expenses: RESEARCH PROJECTS

    total $184,741 · program services $184,741

  • 24b · Other expenses: SUBJECT REMUNERATION

    total $32,222 · program services $32,222

  • 24c · Other expenses: REIMBURSABLE EXPENSES

    total $18,571 · program services $18,571

  • 24d · Other expenses: TAXES AND LICENSES

    total $18,130 · program services $18,130

  • 24e · All other expenses

    total $3,289 · program services $2,646 · management and general $643

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $32,213 · end of year $449,028

  • 4 · Accounts receivable

    beginning of year $0 · end of year $8,000

  • 10a · Land, buildings and equipment: cost or other basis

    $337,172

  • 10b · Land, buildings and equipment: accumulated depreciation

    $152,626

  • 10c · Land, buildings and equipment, net

    beginning of year $304,875 · end of year $184,546

  • 15 · Other assets

    beginning of year $39,000 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,000 · end of year $177,751

  • 25 · Other liabilities

    beginning of year $44,784 · end of year $44,784

  • 27 · Net assets without donor restrictions

    beginning of year $325,304 · end of year $419,039

Mission and programs · 2023

Mission

THE INSTITUTE FOR ADVANCED CONSCIOUSNESS ("IACS OR ORGANIZATION") IS DEDICATED TO FURTHERING THE SCIENTIFIC UNDERSTANDING OF CONSCIOUSNESS.

  • ACCELERATING MEDITATION AND FOSTERING EMPATHY THROUGH NEUROSCIENCE. OUR RESEARCH EXPLORES THE FRONTIERS OF CONSCIOUSNESS AND EMPATHY USING CUTTING-EDGE NEUROTECHNOLOGY.NEUROIMAGING-GUIDED NEUROMODULATION: WE EMPLOY FMRI, EEG, AND MACHINE LEARNING TO IDENTIFY AND INDUCE DEEP MEDITATIVE STATES IN VIPASSANA PRACTITIONERS, AIMING TO EXPEDITE AND PROLONG THESE EXPERIENCES.VIRTUAL REALITY NEUROFEEDBACK: UTILIZING EEG AND VR, WE GUIDE MEDITATORS TO OPTIMAL STATES, FOCUSING ON EFFICIENCY, DURATION, AND ADAPTABILITY FOR NOVICES.EMULATING ENTHEOGENIC STATES: WE SIMULATE SELF-TRANSCENDENT EXPERIENCES TO ENHANCE EMPATHIC CONCERN, ADVANCING OUR UNDERSTANDING OF CONSCIOUSNESS.PROSOCIAL AI DEVELOPMENT: WE'RE INVESTIGATING METHODS TO CULTIVATE EMPATHY IN ARTIFICIAL AGENTS THROUGH TARGETED LEARNING CURRICULA.AESTHETIC CHILLS AS BELIEF CATALYSTS: WE EXPLORE HOW PROFOUND AESTHETIC EXPERIENCES CAN RESHAPE MINDSETS TOWARDS MORE BENEFICIAL PARADIGMS.OUR GOAL: TO DEEPEN SCIENTIFIC INSIGHTS INTO CONSCIOUSNESS WHILE DEVELOPING TOOLS TO ENRICH HUMAN EXPERIENCE AND FOSTER EMPATHY IN BOTH BIOLOGICAL AND ARTIFICIAL INTELLIGENCES.

    Expenses $1,051,656

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Nicco Reggente

    SECRETARY/PRINCIPAL INVESTIGATOR

    Total calculated
    $113,373
    From this org
    $113,373
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

  • Christof Koch

    CHAIR

    Total calculated
    $0
    Hours/week
    0.1

  • Alexander Sasha Bystritsky

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Martin Monti

    TREASURER/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Giulio Tononi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202413199349312966

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