Pennsylvania · Nonprofit
INSTITUTE FOR SAFE MEDICATION PRACTICES
INSTITUTE FOR SAFE MEDICATION PRACTICES (Pennsylvania) receives grants from 8 organizations whose IRS filings report $104,999 to it, the largest being THE ANESTHESIA PATIENT SAFETY FOUNDATION ($50,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $2.4M
- Funders on record
- 8
- Grants received
- $105k
- Net assets
- $-1442250
What Institute for Safe Medication Practices does
Mission
The organization's mission is to advance patient safety worldwide by empowering the healthcare community to prevent medication errors.the organization accomplishes its mission through its interdisciplinary efforts to:- collect and analyze reports of medication-related hazardous conditions, near-misses, errors, and other adverse drug events- disseminate timely medication safety information, risk-reduction tools, and error-prevention strategies- educate the healthcare community and consumers about safe medication practices- collaborate with other patient safety organizations, educational institutions, governmental agencies and other healthcare stakeholders- advocate the adoption of safe medication standards by accrediting bodies, manufacturers, policy makers, regulatory agencies, and standards-setting organizations- conduct research to provide evidence-based safe medication practices
As stated on its FY2024 Form 990.
Programs
Technical assistance programs and education:education: ismp considers education to be a core component of its mission and offers a variety of valuable educational resources for healthcare practitioners and consumers, including frequent webinars, continuing education sessions at some of the nation's largest professional meetings, workshops, lectures, videos, and patient brochures. A wide range of free tools for healthcare practitioners, such as lists of high-alert drugs and potentially dangerous abbreviations, are available on www.ismp.org. In addition, ismp hosts medication safety fellowships.consults: each year, ismp provides confidential consulting services to healthcare facilities across the country in a wide range of practice settings (e.g., hospitals/health-systems, community and specialty pharmacies, ambulatory clinics, infusion centers, etc.) to help improve medication safety. Onsite proactive risk assessments in these practice settings by a multidisciplinary team of practitioners result in safe practice recommendations and a customized roadmap to medication error prevention. Ongoing guidance in implementation and follow-up support services are also provided as needed.…
$1,240,061 spent$1,033,541 earned by the program69% of program spendingPublications:publications: ismp produces three electronic newsletters that collectively reach millions of readers and are recognized as some of the most timely, comprehensive medical alert systems in the world. The biweekly ismp medication safety alert! Acute care newsletters provide virtually every us hospital with vital and life-saving information about medication and device errors and adverse drug events. The monthly ismp medication safety alert! Community/ambulatory and ismp medication safety alert! Nurse advise-err newsletters provide pharmacists, pharmacy technicians, nurses, physicians, and other health professionals practical recommendations that can be used in their own practice settings. Ismp also publishes educational columns in several healthcare professional journals and publications. Ismp's consumer website, www.consumermedsafety.org, provides consumers with advice from leading safety experts and information and guidance on safe medication use.memberships: ismp offers a medication safety membership and a specialty pharmacy medication safety membership that aims to help reduce the occurrence of medication errors with evidence-based best practices. The membership…
$568,341 spent$1,063,639 earned by the program31% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,808,402.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $4.7M to $3.3M (−30%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 16%. Grants only. Government contracts and fees sit inside program revenue.
15% of INSTITUTE FOR SAFE MEDICATION PRACTICES’s revenue is contributions — about as donation-reliant as the typical peer (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Marcus Schabacker Md Phd
Director - chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $11k → $64.
2 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of INSTITUTE FOR SAFE MEDICATION PRACTICES’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
INSTITUTE FOR SAFE MEDICATION PRACTICES leans on a few funders — its largest provides 48% of grant income and the top three 74%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
84% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INSTITUTE FOR SAFE MEDICATION PRACTICES.
Largest funder’s share by year: 2017 53% · 2018 100% · 2020 99% · 2021 99% · 2022 96% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
20% of INSTITUTE FOR SAFE MEDICATION PRACTICES's funders are still giving 3 years after their first grant; 38% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
INSTITUTE FOR SAFE MEDICATION PRACTICES draws 100% of its grant income from funders outside Pennsylvania, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
INSTITUTE FOR SAFE MEDICATION PRACTICES's revenue fell 28% between 2017 and 2024.
this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024
Government funding INSTITUTE FOR SAFE MEDICATION PRACTICES receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.1M on record.
- Department of Health and Human Services$1.6M
- Department of Defense$346k
- Department of Veterans Affairs$175k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like INSTITUTE FOR SAFE MEDICATION PRACTICES
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Pennsylvania
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
47% of spending goes to programs.
Governance
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 5 states
Part of a family of 11 related entities
- Medication Safety Officers Society LLC · disregarded
- Emergency Care Research Institute · exempt
- Ecri Laboratories · exempt
- Ecri Shared Services · exempt
- Whitemarsh Institute · exempt
Screen this organization
A dated, signed PDF of the compliance screen for INSTITUTE FOR SAFE MEDICATION PRACTICES: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds INSTITUTE FOR SAFE MEDICATION PRACTICES?
- INSTITUTE FOR SAFE MEDICATION PRACTICES (Pennsylvania) receives grants from 8 organizations whose IRS filings report $104,999 to it, the largest being THE ANESTHESIA PATIENT SAFETY FOUNDATION ($50,000). 3 of them have funded it in more than one year.
- How many funders does INSTITUTE FOR SAFE MEDICATION PRACTICES have?
- IRS filings report 8 organizations giving $104,999 in grants to INSTITUTE FOR SAFE MEDICATION PRACTICES, 3 of which have funded it in more than one year.
- Who is the largest funder of INSTITUTE FOR SAFE MEDICATION PRACTICES?
- THE ANESTHESIA PATIENT SAFETY FOUNDATION is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
- How can an organization like INSTITUTE FOR SAFE MEDICATION PRACTICES find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Institute for Safe Medication Practices →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing