Totals
- Total revenue
- $54,880,999
- Total expenses
- $17,293,190
- Contributions and grants received
- $53,766,608
- Grants paid
- $214,670
- Program service revenue
- $76,753
- Investment income
- $564,774
- Other revenue
- $472,864
- Total assets, end of year
- $180,248,504
- Total liabilities, end of year
- $109,128,421
- Net assets or fund balances, end of year
- $71,120,083
- Program services expenses (Part IX)
- $15,146,341
- Management and general expenses
- $2,146,849
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $15,146,341
Program services were 87.6% 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
$53,766,608
-
1g · Noncash contributions included above
$48,684,000
-
2a · Program service revenue: SERVICE REVENUE
total $76,753 · related or exempt $76,753
-
3 · Investment income
total $103,480 · excluded $103,480
-
6a · Gross rents
real property $14,112
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $14,112
-
6d · Net rental income or loss
total $14,112 · excluded $14,112
-
7a · Gross sales of assets other than inventory
securities $28,000,000
-
7b · Less cost or other basis and sales expenses
securities $27,526,274 · other assets $12,432
-
7c · Gain or loss
securities $473,726 · other assets -$12,432
-
7d · Net gain or loss
total $461,294 · excluded $461,294
-
10a · Gross sales of inventory
$252,757
-
10b · Cost of goods sold
$37,771
-
10c · Net income from sales of inventory
total $214,986 · related or exempt $214,986
-
11a · Other revenue: MATERIAL SUPPLY PROGRAM PROCESSIN
total $244,000 · related or exempt $244,000
-
11b · Other revenue: UNAPPLIED CASH PAYMENTS
total -$234 · related or exempt -$234
-
11e · Other revenue, total
$243,766
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $116,411 · program services $116,411
-
3 · Grants to foreign organizations and individuals
total $98,259 · program services $98,259
-
7 · Other salaries and wages
total $4,121,852 · program services $3,241,257 · management and general $880,595
-
9 · Other employee benefits
total $735,878 · program services $582,482 · management and general $153,396
-
10 · Payroll taxes
total $5,929 · program services $4,965 · management and general $964
-
11b · Fees: legal
total $13,310 · management and general $13,310
-
11c · Fees: accounting
total $43,555 · management and general $43,555
-
11g · Fees: other
total $7,733,833 · program services $7,691,285 · management and general $42,548
-
12 · Advertising and promotion
total $363 · program services $363
-
13 · Office expenses
total $84,966 · program services $42,483 · management and general $42,483
-
14 · Information technology
total $53,758 · program services $26,879 · management and general $26,879
-
16 · Occupancy
total $156,942 · program services $78,936 · management and general $78,006
-
17 · Travel
total $203,260 · program services $101,630 · management and general $101,630
-
19 · Conferences, conventions and meetings
total $14,079 · program services $14,079
-
20 · Interest
total $297,036 · program services $282,184 · management and general $14,852
-
22 · Depreciation, depletion and amortization
total $619,357 · program services $588,389 · management and general $30,968
-
23 · Insurance
total $180,911 · program services $138,299 · management and general $42,612
-
24a · Other expenses: INVENTORY EXPENSES
total $1,975,723 · program services $1,975,723
-
24b · Other expenses: ADMINISTRATIVE FEES
total $176,634 · management and general $176,634
-
24c · Other expenses: LAB EQUIPMENT SUPPLIES
total $81,337 · program services $81,337
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $61,835 · program services $23,460 · management and general $38,375
-
24e · All other expenses
total $517,962 · program services $57,920 · management and general $460,042
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,090,125 · end of year $8,028,586
-
4 · Accounts receivable
beginning of year $224,208 · end of year $181,352
-
8 · Inventories for sale or use
beginning of year $2,088,215 · end of year $5,492,708
-
9 · Prepaid expenses and deferred charges
beginning of year $61,106 · end of year $2,022,867
-
10a · Land, buildings and equipment: cost or other basis
$80,673,332
-
10b · Land, buildings and equipment: accumulated depreciation
$1,244,376
-
10c · Land, buildings and equipment, net
beginning of year $52,887,625 · end of year $79,428,956
-
12 · Investments: other securities
beginning of year $11,000,000 · end of year $31,000,000
-
13 · Investments: program-related
beginning of year $19,469 · end of year $16,879
-
15 · Other assets
beginning of year $1,490,066 · end of year $54,077,156
-
17 · Accounts payable and accrued expenses
beginning of year $11,795,437 · end of year $7,479,972
-
18 · Grants payable
beginning of year $142,324 · end of year $99,047
-
19 · Deferred revenue
end of year $6,290
-
23 · Secured mortgages and notes payable
beginning of year $26,352,054 · end of year $47,681,587
-
25 · Other liabilities
beginning of year $0 · end of year $53,861,525
-
27 · Net assets without donor restrictions
beginning of year $30,429,102 · end of year $68,032,246
-
28 · Net assets with donor restrictions
beginning of year $3,141,897 · end of year $3,087,837
Mission and programs · 2023
Mission
USONA INSTITUTE HAS BEEN ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, INCLUDING, BUT NOT LIMITED TO, CONDUCTING AND SUPPORTING MEDICAL, SCIENTIFIC, AND SOCIAL SCIENCE RESEARCH AND EDUCATION ON MEDICINES AND PRACTICES TO RELIEVE MENTAL AND PHYSICAL SUFFERING AND TO IMPROVE THE QUALITY OF LIFE AND MANAGEMENT OF HEALTH CARE THROUGH THE APPLICATION OF TREATMENTS USING SAFE AND EFFECTIVE PRODUCTS, INCLUDING THOSE DERIVED FROM PLANTS AND RELATED MATERIALS. IN ADDITION, THE INSTITUTE QUALIFIES AS A "MEDICAL RESEARCH ORGANIZATION" UNDER SECTION 170(B)(1)(A)(III), AS IT HAS A PRINCIPAL PURPOSE OF CONDUCTING MEDICAL RESEARCH AND WILL BE PRIMARILY ENGAGED IN MEDICAL RESEARCH IN CONJUNCTION WITH UNIVERSITY OF WISCONSIN HOSPITALS AND CLINICS.
Activities or mission (Part I)
FURTHER RESEARCH OF THERAPEUTIC EFFECTS OF CONSCIOUSNESS-EXPANDING MEDICINES FOR DEPRESSION/ANXIETY
-
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.
Expenses $15,146,341 · Grants $214,670 · Revenue $535,505
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
William A LintonWILLIAM A LINTON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10 + 1 related
-
Mathew SaurMATHEW SAUR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John LeblancJOHN LEBLANC
TREASURER
- Total calculated
- $0
- Hours/week
- 12 + 1 related
-
Poncho MeisenheimerPONCHO MEISENHEIMER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5 + 1 related
-
Rachelle SampsonRACHELLE SAMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Richard LangerRICHARD LANGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5 + 1 related
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
WILLIAM A LINTON CHARITABLE FOUNDATION INC
501(C)(3) · SUPPORT MEDICAL RESEARCH ORGANIZATIONS · WI
Directly controlled by USONA INSTITUTE INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
REAL ESTATE HOLDINGS · WI · income $1,644,447 · assets $76,987,760
Directly controlled by USONA INSTITUTE INC
-
SEARCH TOOL FOR INNOVATORS AND PATENT REVIEWERS IN THE FIELD OF PSYCHEDELICS · WI · income $6,941 · assets $6,599
Directly controlled by USONA INSTITUTE INC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
USONA INSTITUTE EUROPA GGMBH
C · SCIENCE RESEARCH · GM · 100% owned · share of assets $3,495 · controlled entity
Directly controlled by USONA INSTITUTE INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 23 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402689349301325
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.