Multidisciplinary Association for Psychedelic Studies FY2020 filing

Tax-deductible

Santa Clara, CA501(c)(3)Since 1986Medical ResearchEIN 59-2751953Revenue $21.9M in FY2020

On file with the IRSmaps.org3141 Stevens Creek Boulevard 40563, 95051-0000 · Santa Clara, CATax-exempt since Nov 1986Publicly supported charity — 170(b)(1)(A)(vi)

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Medical research and education

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$105K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $5.7M a year · 32% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$105K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.2M
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 8 voting members
Looks good: 6 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21.9M
Spent
$6.0M
To programs
77%
Net assets
$55.8M
By yearFY2020–FY2024
Revenue
$21.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$21.9M
FY2020$27.7M
FY2021$23.6M
FY2022$16.3M
FY2023$18.3M
FY2024$7.5M
Expenses
$6.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$6.0M
FY2020$4.7M
FY2021$10.3M
FY2022$13.4M
FY2023$14.1M
FY2024$15.3M
Net assets
$55.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$55.8M
FY2020$77.7M
FY2021$89.8M
FY2022$78.1M
FY2023$80.4M
FY2024$72.7M

From the FY2020 Form 990 (year ending May 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $4.7M Management & general 14% · $843K Fundraising 9% · $535K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $105K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President
$105,385Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Erin Tasman’s $328K as VP of Finance (to 09/2024) is at the 89th percentile of top reported officer pay among 360 $1–10M medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2020
Erin Tasman$327,742$192,423————
Raymond Allen JR$316,548$229,473————
Federico Menapace$230,660$208,574$187,230$114,038——
Jennifer Ellis$220,365$203,266————
Raymond Allen——$215,473———
Richard Rick Doblin$173,008$174,600$162,108$126,154$67,947—
Burcu Yazar-Klosinski———$168,995——
Lianne Gillooly—$167,350$122,762———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Multidisciplinary Association for Psychedelic Studies executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Conducts medical research and educates the public and professionals on the safe and therapeutic use of psychedelics.

Provided by the organization

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2 programs · $4.7M · in their own filed words · FY2019
01

In FY20, maps' primary focus was on completing its first of two multi-site phase 3 clinical trials of mdma-assisted psychotherapy for PTSD, which began recruitment in november 2018 at 15 sites (11 in the us, 2 in israel and 2 in canada) and completed gathering the final data point in august 2020.

$3.1Mprogram expense
02

In FY120, maps provided sponsorship, speakers, tables, formal representatives, and promotional support for many outreach events, which include active engagement in public education through media contacts, website and social media presence, publishing three maps bulletins, 12 email newsletters, and several books.

$1.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$15K
Grants paid · 58 grants · $7.5M · 2019–2024
Zendo Project INCCA · FY2024$500,000
Inquiring Systems INCCA · FY2024$200,000
Horizons PbcFY2024$95,000
Emory UniversityGA · FY2024$80,000
Deva CollectiveFY2024$19,873
Zendo Project INCCA · FY2023$550,000
Alma InstituteOR · FY2023$189,111
Emory UniversityGA · FY2023$80,000
Womens Visionary CouncilCA · FY2023$30,000
Maxi Cohen DBA Maxcvision (aya Diaries)FY2023$27,712
Maps Public Benefit CorporationFY2022$499,089
Empyrean LLCFY2022$431,502
See all 58 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$21.9M
Ln 12
Gifts and grantsLn 1h$21.0M
Fees for servicesLn 2g$715K
Other incomeLn 4–11$174K
Money outPt IX
$6.0M
Ln 25
Programscol B$4.7M
Managementcol C$843K
Fundraisingcol D$535K
Owns and owesPt X
$55.8M
net assets · Ln 32
Cash and savingsLn 1–2$950K
Total assetsLn 16$60.0M
LiabilitiesLn 26$4.2M
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21.0M
Government grantsLn 1e$8K
Noncash giftsLn 1g$250K
Fees for servicesLn 2g$715K
Investment incomeLn 3$2K
Other incomeLn 4–11$174K
Gains on assetsLn 7$1K
Total revenueLn 12$21.9M
Assets in detailPt X, end of year
CashLn 1$927K
SavingsLn 2$23K
Cash and savings togetherLn 1–2$950K
InvestmentsLn 11–13$39.3M
Land, buildings, equipmentLn 10c$7K
Total assetsLn 16$60.0M
LiabilitiesLn 26$4.2M
Net assetsLn 32$55.8M
OperationsPt I, VI
EmployeesI 542
VolunteersI 60
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$865K$950K
InvestmentsLn 11–13$33.5M$39.3M
Land, buildings, equipmentLn 10c$9K$7K
Total assetsLn 16$43.8M$60.0M
LiabilitiesLn 26$4.0M$4.2M
Net assetsLn 32$39.8M$55.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$357K$357K
Grants to domestic individualsLn 2$204K$204K
Grants and assistance to foreign recipientsLn 3$240K$240K
Pay of current officers, directors and key staffLn 5$116K$58K$12K$46K
Other salaries and wagesLn 7$1.4M$862K$312K$270K
Pension plan contributionsLn 8$100K$54K$23K$23K
Other employee benefitsLn 9$227K$161K$33K$33K
Payroll taxesLn 10$149K$98K$26K$25K
Management feesLn 11a$647K$318K$304K$25K
Office expensesLn 13$12K$10K$2K$669
Information technologyLn 14$284K$223K$55K$5K
OccupancyLn 16$146K$128K$9K$9K
TravelLn 17$14K$4K$6K$4K
Conferences, conventions and meetingsLn 19$144K$105K$35K$4K
Depreciation, depletion and amortizationLn 22$2K$2K$113$250
InsuranceLn 23$140K$118K$11K$11K
Other expenses (24a–d)Ln 24$1.7M$1.6M$70K
All other expensesLn 24e$103K$77K$15K$10K
Total functional expensesLn 25$6.0M$4.7M$843K$535K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7.5M$15.3M−$7.8M$72.7M 990 PDF
FY2023 $18.3M$14.1M$4.1M$80.4M 990 PDF
FY2022 $16.3M$13.4M$3.0M$78.1M 990 PDF
FY2021 $23.6M$10.3M$13.3M$89.8M 990 PDF
FY2020 Viewing $21.9M$6.0M$15.8M$55.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $21,853,665 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $13,989,289$20,962,197
I-9 Program service revenuePrior year $355,885$715,248
I-10 Investment incomePrior year $4,621$1,967
I-11 Other revenuePrior year $55,593$174,253
I-12 Total revenuePrior year $14,405,388$21,853,665
I-13 Grants and similar amounts paidPrior year $0$800,968
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,651,778$2,035,101
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,806,944$3,211,008
I-18 Total expensesPrior year $5,458,722$6,047,077
I-19 Revenue less expensesPrior year $8,946,666$15,806,588
Part VI · Governance 6 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $21,853,665 across 8 lines filed
Lines not itemized here account for $174,253 of total revenue; see the IRS return.
VIII-1e Government grants$8,125
VIII-1f All other contributions, gifts and grants$20,954,072
VIII-1g Noncash contributions (included above)$250,318
VIII-1h Total contributions, gifts and grants$20,962,197
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $715,248$715,248
VIII-3 Investment incomeExcluded from tax $511$511
VIII-7 Net gain or loss on sales of assetsRelated to mission $1,456$1,456
VIII-12 Total revenueRelated to mission $890,957 · Unrelated business $0 · Excluded from tax $511$21,853,665
Part IX · Statement of functional expenses $6,047,077 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $357,137$357,137
IX-2 Grants to domestic individualsPrograms $203,631$203,631
IX-3 Grants and assistance to foreign recipientsPrograms $240,200$240,200
IX-5 Pay of current officers, directors and key staffPrograms $57,962 · Management $11,592 · Fundraising $46,369$115,923
IX-7 Other salaries and wagesPrograms $861,830 · Management $311,802 · Fundraising $269,991$1,443,623
IX-8 Pension plan contributionsPrograms $54,013 · Management $23,142 · Fundraising $22,507$99,662
IX-9 Other employee benefitsPrograms $160,763 · Management $33,321 · Fundraising $32,728$226,812
IX-10 Payroll taxesPrograms $97,884 · Management $25,880 · Fundraising $25,317$149,081
IX-11a Management feesPrograms $318,104 · Management $303,996 · Fundraising $24,527$646,627
IX-13 Office expensesPrograms $9,670 · Management $1,853 · Fundraising $669$12,192
IX-14 Information technologyPrograms $223,409 · Management $55,235 · Fundraising $5,396$284,040
IX-16 OccupancyPrograms $127,773 · Management $9,147 · Fundraising $8,948$145,868
IX-17 TravelPrograms $4,003 · Management $5,750 · Fundraising $4,093$13,846
IX-19 Conferences, conventions and meetingsPrograms $104,552 · Management $35,117 · Fundraising $4,241$143,910
IX-22 Depreciation, depletion and amortizationPrograms $1,992 · Management $113 · Fundraising $250$2,355
IX-23 InsurancePrograms $118,121 · Management $10,930 · Fundraising $10,692$139,743
IX-24 Other expenses (24a–d)Programs $1,649,951 · Fundraising $69,665$1,719,616
IX-24e All other expensesPrograms $77,247 · Management $15,482 · Fundraising $10,082$102,811
IX-25 Total functional expensesPrograms $4,668,242 · Management $843,360 · Fundraising $535,475$6,047,077
Part X · Balance sheet $60,010,171 assets, 15 lines filed
Asset lines not itemized here account for $1,183,147; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $440,468$926,669
X-2 Savings and temporary cash investmentsStart of year $424,173$22,926
X-3 Pledges and grants receivableStart of year $7,540,469$18,136,656
X-8 Inventories for sale or useStart of year $518,767$411,577
X-10c Land, buildings and equipment, netStart of year $9,271$6,711
X-11 Publicly traded securitiesStart of year $14,147,118$9,942,485
X-13 Program-related investmentsStart of year $19,380,000$29,380,000
X-16 Total assetsStart of year $43,807,327$60,010,171
X-17 Accounts payable and accrued expensesStart of year $360,181$492,104
X-25 Other liabilitiesStart of year $3,615,613$3,322,241
X-26 Total liabilitiesStart of year $3,975,794$4,218,240
X-27 Net assets without donor restrictionsStart of year $23,380,749$36,228,369
X-28 Net assets with donor restrictionsStart of year $16,450,784$19,563,562
X-32 Total net assets or fund balancesStart of year $39,831,533$55,791,931
X-33 Total liabilities and net assetsStart of year $43,807,327$60,010,171
Part XI · Reconciliation of net assets $55,791,931 net assets at year end
XI-1 Total revenue$21,853,665
XI-2 Total expenses$6,047,077
XI-3 Revenue less expenses$15,806,588
XI-4 Net assets at start of year$39,831,533
XI-5 Net unrealized gains (losses) on investments$153,810
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$55,791,931

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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