Usona Institute Inc
2881 Woods Hollow Rd, Fitchburg, WI · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $7,949,536 | $33,737,459 | $45,616,165 |
| FY2023 | $54,880,999 | $17,293,190 | $71,120,083 |
| FY2022 | $21,184,086 | $17,065,106 | $33,570,999 |
| FY2021 | $18,840,870 | $13,878,540 | $29,431,524 |
| FY2020 | $20,488,196 | $7,601,395 | $24,474,462 |
| FY2019 | $6,286,708 | $5,756,156 | $9,143,678 |
| FY2018 | $7,411,772 | $5,025,271 | $8,272,734 |
| FY2017 | $5,462,348 | $1,756,641 | $5,888,638 |
| FY2016 | $2,968,965 | $750,720 | $2,180,526 |
| FY2015 | $23,411 | $682,350 | -$37,719 |
| FY2014 | $1,033,492 | $412,272 | $621,220 |
Form 990 filings
The returns filed by Usona Institute Inc (EIN 47-1349730), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $5,020,285 | 63% |
| Program service revenue | $211,597 | 3% |
| Other revenue | $2,717,654 | 34% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $31,492,542 | 93% |
| Management & general | $2,244,917 | 7% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 63% of total revenue in FY2024.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2024. That is higher than 88.5% of 157 Medical Research organizations nationwide (too few in WI for a state comparison).
- Net assets covered about 16.2 months of expenses at the end of the reporting year. That puts it in the 38th percentile among 45 Medical Research organizations in WI.
- Total revenue was higher than 88.9% of 45 Medical Research organizations in WI.
- Total revenue rose from $1,033,492 in FY2014 to $7,949,536 in FY2024. Revenue increased in 6 and decreased in 4 of 10 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 11 reported years (FY2015, FY2024).
- The highest revenue on record here is $54,880,999 in FY2023.
- Net assets grew from $621,220 to $45,616,165 between FY2014 and FY2024.
- Contributions and grants made up 100% of revenue in FY2014 and 63% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
USONA INSTITUTE IS A MEDICAL RESEARCH ORGANIZATION DEDICATED TO SUPPORTING AND CONDUCTING BASIC, PRE-CLINICAL AND CLINICAL RESEARCH TO FURTHER THE SCIENTIFIC UNDERSTANDING AND THERAPEUTIC APPLICATION OF CONSCIOUSNESS-EXPANDING MEDICINES.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H99 — Medical Research |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Morgridge Institute Foundation Inc — Madison, WI · $84,878,840
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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