Multidisciplinary Association for Psychedelic Studies

Analysis

Multidisciplinary Association for Psychedelic Studies is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in November 1986, 40 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Multidisciplinary Association for Psychedelic Studies reported income of $18.3m and spending of $14.1m, leaving 23% of income unspent that year. Across the 6 years on record, from May 2019 to December 2023, income grew from $14.4m to $18.3m (+27%), an average of +4.8% a year. The sharpest change came in the year to May 2020, when income rose by 52%. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Multidisciplinary Association for Psychedelic Studies sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Society of Nuclear Medicine and Molecular Imaging ($18.2m), South Cove Manor Nursing and Rehabilitation Center Inc ($18.3m) and Transitional Learning Center at Galveston ($18.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $1.5m (11% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $88.1m against liabilities of $7.7m, net assets of $80.4m. It reported 57 employees.