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Nonprofit · EIN 20-1829529

INSTITUTE FOR ETHNOMEDICINE INC

Tax-exempt · JACKSON, WY 83001

Financials

$2M$2.7M2023$3M$3M2024$3.6M$3.3M2025
Revenue Expenses · by fiscal year end
Financials of INSTITUTE FOR ETHNOMEDICINE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,604,008$3,281,985$322,023$3,594,726$275,102$3,319,624
December 31, 2024990$3,020,379$2,978,418$41,961$3,291,583$294,180$2,997,403
December 31, 2023990$2,039,547$2,737,104-$697,557$3,492,810$538,100$2,954,710
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$3,506,351
Program service revenue
$0
Investment income
$97,657
Net gain from sales of assets
-$41
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$461,692
Other salaries and wages
$663,211
Salaries, compensation and benefits (total)
$1,383,069
Professional fundraising fees
$0
Legal fees
$329,014
Accounting fees
$17,340
Occupancy
$123,874
Travel
$56,023
Depreciation
$159,595
Program services (functional)
$2,652,399
Management and general (functional)
$526,180
Fundraising (functional)
$103,406

Balance sheet and other

Total assets, start of year
$3,291,583
Total assets, end of year
$3,594,726
Total liabilities, end of year
$275,102
Net assets, end of year
$3,319,624
Land, buildings and equipment
$106,320
Net assets without donor restrictions
$3,186,179
Net assets with donor restrictions
$133,445
Gross receipts
$3,735,413
Employees
7
Year formed
2004
State of legal domicile
WY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PAUL ALAN COX PHDExecutive Dir.
Trustee or director, Officer
40$329,027$72,665
SANDRA BANACKSENIOR SCIENTIST40$219,006$65,706
MARILYN ASAYEXECUTIVE ASSISTAN40$131,600$53,437
RACHAEL DUNLOPSR RESEARCH FELLOW40$137,000$30,477
ELIZABETH KINNEYDirector
Trustee or director
40$60,000$0
STEPHEN BOESCHENSTEINDirector
Trustee or director
4$0$0
GORDON DEANEVICE CHAIR
Trustee or director, Officer
4$0$0
ELIZABETH LOUISDirector
Trustee or director
4$0$0
PATRICK HENRYDirector
Trustee or director
4$0$0
CHRISTOPHER TURNERDirector
Trustee or director
4$0$0
MARION CHRISTOPHDirector
Trustee or director
4$0$0
ELIZABETH SUSAN SEVERSONboard chair
Trustee or director, Officer
4$0$0
ROBERT PAULSONDirector
Trustee or director
4$0$0
DEREK CRAIGHEADDirector
Trustee or director
4$0$0
EMILY WILSON BURNSDirector
Trustee or director
4$0$0
1 more people on this return
NameTitleHours / weekCompensation
JOHN SMYTHDirector
Trustee or director
4$0
990 for the year ended December 31, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
PAUL ALAN COX PHDExecutive Dir.
Trustee or director, Officer
40$324,000$70,270
SANDRA BANACKSENIOR SCIENTIST40$205,800$62,570
MARILYN ASAYEXECUTIVE ASSISTAN40$126,700$50,329
RACHAEL DUNLOPSR RESEARCH FELLOW40$131,000$27,528
ELIZABETH KINNEYDirector
Trustee or director
40$60,000$0
STEPHEN BOESCHENSTEINDirector
Trustee or director
4$0$0
GORDON DEANEDirector
Trustee or director
4$0$0
JOSEPH MERRILLDirector
Trustee or director
4$0$0
PATRICK HENRYDirector
Trustee or director
4$0$0
JOHN WETHERELLDirector
Trustee or director
4$0$0
MARION CHRISTOPHDirector
Trustee or director
4$0$0
ELIZABETH SUSAN SEVERSONboard chair
Trustee or director, Officer
4$0$0
ROBERT PAULSONDirector
Trustee or director
4$0$0
DEREK CRAIGHEADVice Chair
Trustee or director, Officer
4$0$0
BERTE HIRSCHFIELDDirector
Trustee or director
4$0$0
JOHN SMYTHDirector
Trustee or director
4$0$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
PAUL ALAN COX PHDExecutive Dir.
Trustee or director, Officer
40$293,000$65,014
SANDRA BANACKSENIOR SCIENTIST40$197,600$51,674
MARILYN ASAYEXECUTIVE ASSISTAN40$121,200$48,274
RACHAEL DUNLOPSR RESEARCH FELLOW40$125,238$39,801
STEPHEN BOESCHENSTEINDirector
Trustee or director
4$0$0
WILLIAM C EGAN IIIBoard Chair
Trustee or director, Officer
4$0$0
GORDON DEANEDirector
Trustee or director
4$0$0
JOSEPH MERRILLDirector
Trustee or director
4$0$0
JAMES GORTERDirector
Trustee or director
4$0$0
PATRICK HENRYDirector
Trustee or director
4$0$0
DOUGLAS M KINNEYDirector
Trustee or director
4$0$0
JOHN WETHERELLActing Chair
Trustee or director, Officer
4$0$0
MARION CHRISTOPHDirector
Trustee or director
4$0$0
ELIZABETH SUSAN SEVERSONboard chair
Trustee or director, Officer
4$0$0
ROBERT PAULSONDirector
Trustee or director
4$0$0
DEREK CRAIGHEADDirector
Trustee or director
4$0$0
BERTE HIRSCHFIELDDirector
Trustee or director
4$0$0
JOHN SMYTHDirector
Trustee or director
4$0$0

Address and contacts

Address (IRS master file)
PO BOX 3464, JACKSON, WY 83001-3464
In care of
% PAUL ALAN COX
Principal officer (990 for 2025)
PAUL ALAN COX PHD, PO BOX 3464, JACKSON, WY 83001
Signed the 990
PAUL ALAN COX PHD, Executive Dir.
Phone
(801) 375-6214
Return prepared by
Jones Simkins LLC

Mission

THE INSTITUTE FOR ETHNOMEDICINE SEARCHES FOR NEW CURES BY STUDYING PLANT MEDICINE AND PATTERNS OF WELLNESS AND DISEASE AMONG INDIGENOUS PEOPLE.

990 for the year ended December 31, 2025

Program accomplishments

  • The Brain Chemistry Labs seeks to discover novel ways of preventing, diagnosing, and treating brain diseases. Our current focus is on progressive neurodegenerative diseases characterized by protein misfolds, including Alzheimers, ALS, Parkinsons, and Lewy Body disease. We are sponsoring a randomized, double-blinded, placebo-controlled Phase II clinical trial of the amino acid L-serine for the treatment of Mild Cognitive Impairment (a precursor of Alzheimers disease) at Houston Methodist Research Institute. We are currently raising funds for advanced clinical trials of L-serine for ALS, and a clinical trial for WY40687, a new drug we have discovered for advanced Parkinsons disease. We have discovered microRNA fingerprints, extracted from extracellular vesicles in the bloodstream, which are diagnostic for ALS as well as a novel metabolite which is diagnostic for early-stage Alzheimers disease. We have also discovered that naturally occurring small proteins, called cyclotides, may be useful as chemotherapy adjuvants for glioblastoma.
    Expenses $2,652,399

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1829529
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H99)
Assets (IRS master file)
$3,594,726
Income (IRS master file)
$3,735,413

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,604,008$3,281,985$3,594,726XML
990December 2024$3,020,379$2,978,418$3,291,583XML
990December 2023$2,039,547$2,737,104$3,492,810XML
990December 2022$1,894,431$2,811,010$4,266,357IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1829529).

Questions about INSTITUTE FOR ETHNOMEDICINE INC

What is the EIN of INSTITUTE FOR ETHNOMEDICINE INC?
The employer identification number (EIN) of INSTITUTE FOR ETHNOMEDICINE INC is 20-1829529.
Is INSTITUTE FOR ETHNOMEDICINE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to INSTITUTE FOR ETHNOMEDICINE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSTITUTE FOR ETHNOMEDICINE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INSTITUTE FOR ETHNOMEDICINE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSTITUTE FOR ETHNOMEDICINE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of INSTITUTE FOR ETHNOMEDICINE INC?
The 990 for the year ended December 31, 2025 names PAUL ALAN COX PHD.
Who are the officers and directors of INSTITUTE FOR ETHNOMEDICINE INC?
The 990 for the year ended December 31, 2025 lists 16 people; 5 received compensation from the organization, the highest $329,027 (PAUL ALAN COX PHD, Executive Dir.).
How much revenue does INSTITUTE FOR ETHNOMEDICINE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,604,008, expenses of $3,281,985 and total assets of $3,594,726 at year end.

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