The Pearl Psychedelic Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 854272437 ✦ Waynesville, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Pearl Psychedelic Institute?

The Pearl Psychedelic Institute is a dedicated nonprofit organization, headquartered with a mission to explore and promote the potential of psychedelic medicines. Their primary focus lies in conducting research, providing treatment, offering training, and engaging in community education. Their ultimate goal is to integrate psychedelic-assisted psychotherapy into mainstream practice, thereby eliminating barriers to patient access. By doing so, they aim to contribute to overall healing and wellness through innovative therapeutic approaches.


Official website here: www.pearlpsychedelicinstitute.org

Is The Pearl Psychedelic Institute legitimate?

The Pearl Psychedelic Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pearl Psychedelic Institute submitted a form 990EZ, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $104,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $108

For more financial information, click here


Official website here: www.pearlpsychedelicinstitute.org

What is the mission statement of The Pearl Psychedelic Institute?

The Pearl Psychedelic Institute, a nonprofit organization, is dedicated to advancing the field of psychedelic medicine. Their mission is primarily focused on conducting research and promoting the acceptance of psychedelic-assisted psychotherapy as a mainstream therapeutic approach. The institute is also committed to breaking down barriers to patient access in this area. In addition to research, they engage in training programs and provide community education, with a goal of making these innovative therapies more widely available for healing and wellness purposes.


Official website here: www.pearlpsychedelicinstitute.org

What is the revenue of The Pearl Psychedelic Institute?

The Pearl Psychedelic Institute's revenue in 2023 was $630,212.


Official website here: www.pearlpsychedelicinstitute.org

Who are the executives of The Pearl Psychedelic Institute and what are their salaries?

The average compensation at The Pearl Psychedelic Institute during 2023 was $20,849. There are 5 employees and 15 volunteers at The Pearl Psychedelic Institute.

Here are 10 key members and their salaries:


Raymond Turpin Iii (Clinical And Executive Direct)
  • Compensation: $45,000
  • Related: $45,000
  • Other: $0
Kimberly Turpin (Employee)
  • Compensation: $26,083
  • Related: $26,083
  • Other: $0
Bill Zimmer (Cfo And Coo)
  • Compensation: $22,500
  • Related: $22,500
  • Other: $0
Laura Pate (Employee)
  • Compensation: $10,556
  • Related: $10,556
  • Other: $0
Ehren Cruz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Powell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Collin Oberry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Michael Kledis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Carlson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Butler (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pearlpsychedelicinstitute.org

Where can I find the form 990 for The Pearl Psychedelic Institute?

The Pearl Psychedelic Institute's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.pearlpsychedelicinstitute.org

Learn more at the official website: www.pearlpsychedelicinstitute.org

Mission Statement of The Pearl Psychedelic Institute

The Pearl Psychedelic Institute, a nonprofit organization, is dedicated to advancing the field of psychedelic medicines. Its mission revolves around conducting research, promoting understanding, and facilitating the integration of psychedelic-assisted psychotherapy into mainstream medical practices. The institute aims to eliminate barriers that hinder patient access to these innovative therapies, with a focus on fostering healing and wellness. The Pearl Psychedelic Institute operates with a commitment to bringing psychedelic-assisted psychotherapy into the mainstream, thereby expanding the horizons of mental health treatment.

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Impact




October, 2024

The Pearl Psychedelic Institute has a significant impact on the landscape of mental health treatment by advancing the understanding and application of psychedelic medicines. Through extensive research, the institute is at the forefront of exploring how these therapies can transform psychotherapy and enhance patient outcomes. Their commitment to training practitioners ensures that the integration of psychedelic-assisted therapy into clinical practice is approached with expertise and care.

Additionally, the institute plays a critical role in community education, helping to demystify psychedelic therapies and reducing stigma surrounding their use. By focusing on accessibility, The Pearl Psychedelic Institute is actively working to diminish barriers that patients face in accessing these innovative treatments, promoting a more inclusive approach to mental health care.

Overall, the institute's efforts are paving the way for a paradigm shift in how mental health challenges are addressed, fostering healing and wellness through groundbreaking therapeutic modalities.




This information is meant to be a general summary of The Pearl Psychedelic Institute. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$630,212 (2023)
Expenses
$539,456 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $630,212

Assets and Liabilities:

  • Total Assets: $12,813
  • Total Liabilities: $22,089
  • Net Assets: -$9,276

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Organization Details

Principal Officer

Raymond Turpin Iii

NTEE Category

Code: H48 - Medical research

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