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Nonprofiteer
← RIVERPSYKHE INC

Form 990 for tax year 2024

Filed by RIVERPSYKHE INC.

Totals

Total revenue
$278,554
Total expenses
$168,130
Contributions and grants received
$12
Grants paid
$113,655
Program service revenue
$0
Investment income
$278,542
Other revenue
$0
Total assets, end of year
$4,364,609
Total liabilities, end of year
$2,119
Net assets or fund balances, end of year
$4,362,490
Program services expenses (Part IX)
$146,275
Management and general expenses
$21,855
Fundraising expenses
$0
Program service expenses (Part III)
$146,275

Program services were 87.0% 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

    $12

  • 1g · Noncash contributions included above

    $12

  • 3 · Investment income

    total $10,885 · related or exempt $10,885

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $267,676

  • 7b · Less cost or other basis and sales expenses

    securities $19

  • 7c · Gain or loss

    securities $267,657

  • 7d · Net gain or loss

    total $267,657 · related or exempt $267,657

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $105,000 · program services $105,000

  • 2 · Grants to domestic individuals

    total $2,655 · program services $2,655

  • 3 · Grants to foreign organizations and individuals

    total $6,000 · program services $6,000

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $370,410 · program services $259,287 · management and general $111,123

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $85,402 · program services $59,781 · management and general $25,621

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $31,162 · program services $21,813 · management and general $9,349

  • 10 · Payroll taxes

    total $9,298 · program services $6,509 · management and general $2,789

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $9,504 · program services $9,504

  • 11c · Fees: accounting

    total $27,558 · management and general $27,558

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $29,487 · program services $29,487

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $6,220 · program services $6,220

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Payroll Service Fees

    total $4,206 · program services $2,944 · management and general $1,262

  • 24b · Other expenses: SUPPLIES

    total $2,125 · program services $1,488 · management and general $637

  • 24c · Other expenses: Bank Fees

    total $1,058 · program services $741 · management and general $317

  • 24d · Other expenses: INVESTMENT EXPENSE

    total $716 · program services $716

  • 24e · All other expenses

    total -$522,671 · program services -$365,870 · management and general -$156,801

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $45,330 · end of year $50,930

  • 2 · Savings and temporary cash investments

    beginning of year $3,539 · end of year $127,313

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $1,283,152 · end of year $1,283,903

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,992 · end of year $26,017

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $160,162 · end of year $36,446

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    beginning of year $2,890,000 · end of year $2,840,000

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 25 · Other liabilities

    beginning of year $28,400 · end of year $2,119

  • 27 · Net assets without donor restrictions

    beginning of year $4,375,775 · end of year $4,362,490

Mission and programs · 2024

Mission

The Organization's mission is to promote social welfare by seeking to effect the liberation of consciousness in healthful and fluid relationship to self, other, and the natural world.

  • PSYCHEDELICS RESEARCH:DURING THE YEAR, RIVERPSYKHE SUCCESSFULLY CONTINUED TO HELP GUIDE THE CONVERSATION IN THE EMERGING PSYCHEDELIC MOVEMENT IN DEFERENCE TO NATIVE AMERICAN HEALTH AND SOVEREIGNTY. IN ADDITION, RIVERPSYKHE CONTINUED TO ADVANCE WORK TO STUDY THE QUALITATIVE IMPACTS OF PSYCHEDELIC USE BY RELIGIOUS PROFESSIONALS.WE CONTINUE TO ENGAGE IN CAPACITY BUILDING AND SUPPORT OF THE INDIGENOUS MEDICINE CONSERVATION FUND, A 501C3 FOR THE BENEFIT OF FIVE DISTINCT INDIGENOUS BIOCULTURES AROUND THE WORLD.RIVERPSYKHE DIRECTORS SAT ON THE BOARDS OF MAPS, THE HEFFTER RESEARCH INSTITUTE, THE INDIGENOUS MEDICINE CONSERVATION FUND, B. MORE, AND RIVERSTYX FOUNDATION. RIVERPSYKHE DIRECTORS SAT ON THE ADVISORY BOARD OF THE NYU CENTER FOR PSYCHEDELIC MEDICINE.INDIGENOUS MEDICINE SUPPORT:IN SUPPORT OF NATIVE MEDICINE CONSERVATION, RIVERPSYKHE STAFF PROVIDED CONTINUED CAPACITY BUILDING WITH THE INDIGENOUS PEYOTE CONSERVATION INITIATIVE AND THE INDIGENOUS MEDICINE CONSERVATION FUND.ADDITIONALLY, STAFF NETWORKED OUR INDIGENOUS PARTNERS WITH A VARIETY OF MEDIA OUTLETS AND REPORTERS INCLUDING NATIONAL AND INTERNATIONAL CONFERENCES. IMPACT INVESTMENT PORTFOLIO:WE MAINTAINED AN IMPACT INVESTMENT PORTFOLIO TOWARDS CATALYTIC CHANGE IN THE DEATH CARE INDUSTRY, INDIGENOUS FOOD SOVEREIGNTY, REGENERATIVE AGRICULTURE, NUTRIENT CYCLING, AND INNOVATIVE/ETHICAL PSYCHEDELIC BUSINESSES. GRANTS:IN 2024 WE MADE $20,000 IN 501C3 CHARITABLE GRANTS AND AWARDS. IN 2024 WE DONATED $85,000 TO VARIOUS 501C4 ORGANIZATIONS FOR ADVOCACY WORK IN SUPPORT OF SAFE REGULATED ACCESS TO NATURAL PSYCHEDELIC MEDICINES TO PROVIDE SAFE, REGULATED ACCESS TO PROMISING NATURAL PSYCHEDELIC MEDICINES FOR TREATMENT-RESISTANT PTSD, ANXIETY, AND DEPRESSION.

    Expenses $146,275

As filed on the 2024 return.

Listed in Part VII

  • Miriam Volat

    Vice President

    Total calculated
    $286,610
    From this org
    $270,010
    From related orgs
    $0
    Other
    $16,600
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $270,010
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $16,600
    Filer's total
    $286,610
  • Kevin Bayuk

    Treasurer

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    17 + 3 related
  • Thomas Cody Swift

    Director/Pres.

    Total calculated
    $20,800
    From this org
    $20,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    15 + 5 related
  • Timara Freeman Young

    Director/Sec.

    Total calculated
    $0
    Hours/week
    1
  • Carey Turnbull

    Director

    Total calculated
    $0
    Hours/week
    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants 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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202513179349303586

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