FY 2005 Financial Report

The basic balance sheet information for FY 2004-2005 is presented below.
MAPS IRS Form 990 for 2005 is available in PDF format.MAPS total income for FY 2004-2005 was $812,540.15. A chart presenting comparative results for the financial years 2000 – 2005 is available in PDF format.

Total expenses were $903,883.36, which resulted in a decrease of assets in the amount of $91,343.21. Of these expenses, project expenses totaled $569,232.67 and operational costs were $326,453.89. A chart of all of MAPS expenses for FY 2004-2005 is available in PDF format.Total assets at the end of FY 2004-2005 were $670,152.95. Of these assets, restricted funds amounted to $330,165.65 and unrestricted funds amounted to $339,987.30. Of the restricted funds $107,019.65 was for the overall MDMA Psychotherapy Research Effort, $13,000 for the Vaporizer Study, $46,640.00 for the Harvard LSD/Psilocybin/Cluster Headache Study, $87,590.00 for the Project Start-Up Fund: UMass Amherst, and $1000 for the Creativity Study.