Foundation For Psycho-Cultural Research
- Assets
- $13.0m
- Revenue
- $1.2m
- Investments
- $12.1m
- Employees
- 0
- Location
- Pacific Palisades, CA
- Founding
- 02/2001
- Data as of
- 11/2021
- EIN
- 95-4774901
Organization Overview
Foundation For Psycho-Cultural Research is located in Pacific Palisades, CA. The organization was established in 2001. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Psycho-Cultural Research is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2021, Foundation For Psycho-Cultural Research generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $1.1m during the year ending 11/2021. While expenses have increased by 8.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING CULTURE, MIND, AND BRAIN NETWORK PROGRAM PROVIDES SUPPORT TO 29 PARTICIPANTS (RESEARCHERS AND SCHOLARS) WHO SHARE AN INTEREST IN CULTURE, MIND, AND BRAIN INTERACTIONS, AND ARE MEMBERS OF THE FPR CMB NETWORK IN 11 UNIVERSITIES AND INSTITUTIONS, BY OFFERING GRANTS, FOR WORKSHOPS, RESEARCH-RELATED TRAVEL, AND CURRICULUM DEVELOPMENT. $20,949 & $92,797 GRANTS TO MCGILL UNIVERSITY IN CANADA WERE MADE AUGUST 20 AND 22,2021.
OPERATING BOOK WRITING PROJECT IS A 35 PERSON PROJECT THAT CONTRIBUTED TO A BOOK TITLED "CULTURE, MIND, AND BRAIN: EMERGING CONCEPTS, MODELS, APPLICATIONS" WHICH IS PUBLISHED BY CAMBRIDGE UNIVERSITY IN NOVEMBER 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lois Shickman CFO | 1 | $0 | |
Marvin Karno MD Director | 1 | $0 | |
Robert Lemelson PHD Director, President | 5 | $0 | |
Zoe Lemelson Secretary | 1 | $0 | |
Beate Ritz MD PHD Director | 1 | $0 | |
Douglas Hollan PHD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $151,274 |
| Dividends & Interest | $226,396 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $786,343 |
| Capital Gain Net Income | $786,343 |
| Net ST Capital Gain | $146,534 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,164,013 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $273,940 |
| Pension plans, employee benefits | $35,727 |
| Interest | $0 |
| Taxes | $34,217 |
| Depreciation | $0 |
| Occupancy | $2,800 |
| Travel, conferences, and meetings | $4,960 |
| Printing and publications | $0 |
| Other expenses | $694,534 |
| Total operating and administrative expenses | $1,062,703 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,062,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $904,392 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $86,040 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,036,074 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pacific Neuroscience Institute Foundation Santa Monica, CA | $44,018,934 | $3,212,704 |
Institute Of Noetic Sciences Petaluma, CA | $8,537,832 | $4,201,204 |
Center For Humane Technology San Francisco, CA | $2,666,587 | $2,332,710 |
Berkeley Geochronology Center Berkeley, CA | $3,272,746 | $1,536,625 |
Redwood Research Group Inc Berkeley, CA | $14,523,608 | $13,904,248 |
Foundation For Psycho-Cultural Research Pacific Palisades, CA | $13,036,074 | $1,164,013 |
Technology For Global Security Oakland, CA | $990,141 | $1,457,910 |
Dryad Davis, CA | $1,117,045 | $1,122,775 |
Human Biomolecular Research San Diego, CA | $4,701,107 | $636,157 |
Oarc Inc Belmont, CA | $1,005,141 | $888,336 |
Scientific Being Research Foundation Inc San Diego, CA | $0 | $408,541 |
Larta Institute Los Angeles, CA | $3,232,560 | $530,097 |