Overview
What is Usona Institute Inc?
Usona Institute Inc, located in Madison, Wisconsin, is a nonprofit organization dedicated to medical research and education, specifically focusing on the therapeutic effects of consciousness-expanding medicines, such as psilocybin and 5-MEO-DMT. They collaborate closely with the University of Wisconsin Hospitals and Clinics to conduct and support pre-clinical and clinical research, with UW serving as their clinical research center. The organization also offers internships, funds scholarships, and is developing a training program for clinical facilitators in partnership with the university. Their mission is to alleviate mental and physical suffering and improve health care through the application of safe and effective treatments derived from plants and related materials. Usona Institute Inc operates exclusively for charitable, scientific, and educational purposes and qualifies as a 'medical research organization' under section 170(B)(1)(A)(III).
Official website here: www.usonainstitute.org
Is Usona Institute Inc legitimate?
Usona Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usona Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,610,158
For more financial information, click here
What is the mission statement of Usona Institute Inc?
The Usona Institute Inc is primarily focused on charitable, scientific, and educational pursuits. Its key objectives include conducting and supporting medical and scientific research, as well as education, in the realm of medicines and practices that alleviate mental and physical suffering. The institute is dedicated to improving the quality of life and healthcare management through the application of safe and effective treatments, some of which are derived from plants and related materials. Additionally, the Usona Institute qualifies as a "medical research organization" due to its primary purpose of conducting medical research, mainly in collaboration with the University of Wisconsin Hospitals and Clinics.
Official website here: www.usonainstitute.org
Who is the CEO of Usona Institute Inc?
William A Linton is the President of Usona Institute Inc.
Official website here: www.usonainstitute.org
What is the revenue of Usona Institute Inc?
Usona Institute Inc's revenue in 2022 was $21,184,086.
Official website here: www.usonainstitute.org
Who are the executives of Usona Institute Inc and what are their salaries?
The average compensation at Usona Institute Inc during 2022 was $661,540. There are 4 employees and 4 volunteers at Usona Institute Inc.
Here are 6 key members and their salaries:
- Robert Jesse (Secretary Through May) [Trustee/Director]
- Poncho Meisenheimer (Board Member) [Trustee/Director]
- William A Linton (President) [Trustee/Director]
- Mathew Saur (Secretary) [Trustee/Director]
- Rachelle Sampson (Board Member) [Trustee/Director]
- Richard Langer (Board Member) [Trustee/Director]
Official website here: www.usonainstitute.org
Where can I find the form 990 for Usona Institute Inc?
The Usona Institute Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.usonainstitute.org
Learn more at the official website: www.usonainstitute.org
Mission Statement of Usona Institute Inc
Usona Institute Inc, a charitable organization, is dedicated to scientific and educational pursuits, primarily focusing on conducting and supporting medical research on medicines and practices that alleviate mental and physical suffering. The institute's principal purpose is to enhance the quality of life and healthcare through the application of effective treatments, including those derived from plants and related materials. In collaboration with the University of Wisconsin Hospitals and Clinics, Usona Institute Inc is primarily engaged in medical research, qualifying it as a "medical research organization" under Section 170(B)(1)(A)(III). By exploring the therapeutic effects of consciousness-expanding medicines for depression and anxiety, Usona Institute Inc is committed to making a significant impact on mental health and wellbeing.
Impact
This information is meant to be a general summary of Usona Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Usona Institute Inc's impact lies in furthering the research of consciousness-expanding medicines for depression and anxiety, particularly psilocybin, 5-MeO-DMT, and other related substances. By conducting and supporting pre-clinical and clinical research in partnership with the University of Wisconsin Hospitals and Clinics, Usona is contributing to the understanding of the therapeutic effects of these substances. Through collaborations with UW researchers, providing internships, funding scholarships, and developing a training program for clinical facilitators, Usona is actively working towards relieving mental and physical suffering, improving the quality of life, and advancing healthcare management through the use of safe and effective products.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUE
Revenue
$41,850
Organization Details
Founding Year
2014
Phone
(608) 278-7662
Principal Officer
William A Linton
Main Address
2800 WOODS HOLLOW ROAD, MADISON, WI, 53711
Website
www.usonainstitute.org
NTEE Category
Code: H99 - Medical research
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