who funds the organizations that run mental health care: the psychiatric and psychological apas, the ama, samhsa and nimh
five organizations sit between a person and a psychiatric diagnosis, a prescription and a bill. one writes the manual. one owns the billing codes. one licenses the research literature. one funds the services. one funds the science. this page is what each of them lives on, from its own filings.
twelve sources: the american psychiatric association's irs return, the american psychological association's audited statements, the ama's audited annual report, the federal regulation that makes the ama's codes compulsory, the ama's own licensing page, three peer-reviewed studies of the government's open payments database, the senate appropriations summary of the 2026 bill, two congressional research service reports and nimh's own budget request. every percentage is our arithmetic on their lines. the fda, the sixth institution, has its own page.
the american psychiatric association: a publisher with a meeting
the body that writes the dsm is a 501(c)(6) business league with 248 employees, 20 trustees and, in 2023, $64.6 million in revenue[1]. its return breaks the money out like this:
| apa (psychiatric), 2023 irs return | $ millions | share |
|---|---|---|
| publications | 14.7 | 23% |
| net sales of inventory (books; gross 8.4) | 7.6 | 12% |
| annual meeting | 12.6 | 20% |
| membership dues | 5.5 | 8% |
| royalties | 4.1 | 6% |
| contributions and grants, of which government grants 3.4 | 4.1 | 6% |
| cme certifications | 1.2 | 2% |
| job bank | 1.0 | 2% |
| net gain on assets sold | 9.5 | 15% |
| investment income | 2.2 | 3% |
| other program revenue | 2.0 | 3% |
| total revenue | 64.6 |
put the publishing lines together and a third of the association is the sale of books and journals, which is to say the dsm, its text revision and the journals that carry the literature. a fifth is the annual meeting. members' dues are eight percent[1]. the five largest contractors it paid that year were an audio-visual firm, two annual meeting services companies, an e-publishing vendor and a printer, which is the same story from the expense side[1]. officers and key employees were paid $5.8 million in total; 78 people earned over $100,000[1]. in 2024 revenue fell to $58.2 million against $60.9 million of expenses, and the incoming chief executive was paid $462,395 for a part year, her predecessor $749,990 for the full year before[1].
the leaders. a 2020 bmj study matched 328 leaders of the ten us medical associations covering the costliest disease areas against open payments, the federal database of what manufacturers pay physicians. 72 percent had a financial tie; the total over 2017 to 2019 was about $130 million and the median per leader $31,805. the american psychiatric association's leaders had a median of $212, against $518,000 at the society of clinical oncology and $251,464 at the college of rheumatology[2]. the authors' summary: “Financial relationships between the leaders of influential US professional medical associations and industry are extensive, although with variation among the associations.”[2] psychiatry's leadership sat at the low end of that variation.
the members. the profession as a whole did not. of 56,955 us psychiatrists, 75.0 percent received at least one non-research industry payment between 2015 and 2021, $357,971,774 in total, and “1% of psychiatrists received 74.7% of industry payments”[3]. research money is a separate and smaller stream: 488 psychiatrists, 0.85 percent, were principal investigators on industry research support totalling $98,189,901 over 2015 to 2022, median $21,749 a year, and “payments were highly concentrated among a few companies and psychiatrists from a few institutions”[4]. the same concentration is what the funding entries on this site's doctors' education page show from the other side.
the american psychological association: a database licensor with a landlord's income
the psychologists' association is twice the size of the psychiatrists' and is a different kind of business. its 2024 audited statements report $143.0 million in revenue[5]:
| apa (psychological), 2024 audited statements | $ millions | share |
|---|---|---|
| licensing, royalties and rights | 93.5 | 65% |
| publications and journal subscriptions | 23.7 | 17% |
| member dues and fees | 8.7 | 6% |
| service and application fees | 5.8 | 4% |
| grants and contracts | 5.0 | 3% |
| conference fees | 3.5 | 2% |
| advertising and other | 2.9 | 2% |
| total revenues | 143.0 | |
| rental income from buildings (other income) | 18.9 |
two-thirds of the association is licensing: the notes describe “annual licenses of electronic products” as almost three-quarters of what it is owed at year end, and the products are the psycinfo family of databases that every university library and many hospitals pay for[5]. the statements' own summary is plainer than the table: “APA's operations are supported primarily by membership dues, subscriptions, and publication revenue.”[5] dues are six percent of that sentence. the association also owns two washington office buildings through subsidiaries, one of about 370,000 square feet and one of about 263,700, which brought in $18.9 million of rent against $20.7 million of building costs and $4.2 million of interest on $105 million of long-term debt[5]. it spent $143.96 million, more than it took in from operations, and finished the year with $54.5 million in net assets after investment returns[5]. its political arm, apa services, takes 60 percent of every dues dollar and runs a federal political action committee[5].
the ama: a royalty on a mandate
the american medical association is the largest of the three and the one whose money is least about medicine. its 2024 audited statements report $513.2 million in revenue[6]:
| ama, 2024 audited statements | $ millions | share |
|---|---|---|
| royalties and credentialing products | 326.0 | 64% |
| membership dues | 32.5 | 6% |
| journal online revenues | 32.2 | 6% |
| insurance commissions | 29.7 | 6% |
| investment income | 25.7 | 5% |
| books, newsletters and online product sales | 22.1 | 4% |
| other publishing revenues | 18.8 | 4% |
| grants and other income | 16.7 | 3% |
| advertising | 7.8 | 2% |
| journal print subscriptions | 2.2 | 0% |
| total revenues | 513.2 |
the royalties are mostly cpt, current procedural terminology, the five-digit codes on every medical bill in the country. the ama's own licensing page: “CPT is copyrighted by the AMA and as such must be licensed to be used in electronic products or other forms”, and “Any entity using CPT content anywhere worldwide must have a license authorizing the use of CPT code set from the AMA or an authorized distributor.” royalties are set “based on the type of product in which the CPT content is used and the type of user of the product”[8].
what makes the licence a mandate is not the ama but the federal government. the hipaa code-set regulation adopts “Current Procedural Terminology, Fourth Edition (CPT-4), as maintained and distributed by the American Medical Association” as the standard for “physician services” and a list of others, from physical therapy to ambulance transport, that every covered claim must use[7]. a psychiatrist billing a 45-minute psychotherapy session, a psychologist billing a testing hour, an insurer processing either: each is using a code set the regulation names and the ama owns. the royalty line has grown from $308.0 million to $326.0 million in a year; dues fell[6].
the rest of the picture: $279.4 million in compensation and benefits, $55.2 million of operating results before tax, a further $79.7 million of investment gains, and $1,150.7 million in association equity at year end, up from $1,023.4 million[6]. the auditor is deloitte[6].
hhs: the services agency that survived, and the research institute that stood still
the three associations above run on what they sell. the two federal bodies below run on appropriations, and in 2026 both were proposed for abolition as separate entities and both survived.
samhsa. the senate appropriations committee's summary of the enacted 2026 bill: “The bill provides $7.4 billion for the Substance Abuse and Mental Health Services Administration (SAMHSA), an increase of $65 million over fiscal year 2025”, and “In addition to rejecting President Trump's proposed $1 billion cut (-15%) to SAMHSA programs, the bill maintains SAMHSA as its own, independent agency”[9]. inside it: “$991 million, a $5 million increase over fiscal year 2025, for the Mental Health Block Grant”; “$2.0 billion, a $5 million increase, for the Substance Use Prevention, Treatment, and Recovery Services Block Grant”; “$1.6 billion for State Opioid Response grants”; and “$535 million, a $15 million increase over fiscal year 2025, for the 988 Suicide Prevention Lifeline”[9]. the congressional research service records the plan that was rejected: the budget “would have consolidated into a new Administration for a Healthy America (AHA) two existing operating divisions”, hrsa and samhsa, and “These reorganization proposals were largely not adopted in the House committee bill, Senate committee bill, or in the enacted FY2026 LHHS omnibus.”[10]
nimh. the institute describes itself as “the lead federal agency for research on mental illnesses, with a mission to transform the understanding and treatment of mental illnesses through basic and clinical research”[12]. its money has not moved. the crs table gives $2,191.7 million in fy2024, $2,191.7 million in fy2025 and $2,189.8 million in fy2026, a change of minus 0.1 percent, inside an nih total of $47.49 billion[11]. the fy2025 request had asked for $2,548.7 million and did not get it[12]. the fy2026 request went the other way and proposed a “National Institute of Behavioral Health” formed by consolidating three institutes, part of a plan in which “Four ICs would have been eliminated, while 19 would have been consolidated into eight restructured ICs”; “The FY2026 appropriations maintained the preexisting structure of NIH and did not adopt the proposed restructuring from the President's budget.”[11] in fy2023, the last year with a full justification, nimh funded 2,430 research project grants worth $1,599.1 million[12].
| the six, side by side | annual money, $ millions | where it comes from |
|---|---|---|
| samhsa (fy2026) | 7,400 | appropriations |
| fda (fy2026) | 7,056 | 49% appropriations, 51% industry fees |
| nimh (fy2026) | 2,190 | appropriations |
| ama (2024) | 513 | 64% royalties and credentialing, 6% dues |
| apa, psychological (2024) | 143 | 65% licensing, 6% dues |
| apa, psychiatric (2023) | 65 | 35% books and journals, 20% meeting, 8% dues |
what it adds up to
the three membership bodies are not membership-funded. dues are eight, six and six percent[1],[5],[6]. each lives on a product: the manual and the meeting, the database, the codes. that is not a scandal; it is what a professional association in the united states is. it does mean that the organization that decides what counts as a disorder earns a third of its income from selling the book that says so[1], the organization that decides what a service is called earns two-thirds from licensing the names[6],[7], and the organization that publishes the evidence earns two-thirds from selling access to it[5].
the drug industry's money runs through the people more than the institutions. the psychiatric association's leaders had almost none of it by the government's own records[2]; three in four practising psychiatrists had some, and a hundredth of them had three-quarters of it[3]. the federal side is the reverse case: taxpayer money, flat for the science and held level for the services, in a year when the executive proposed shrinking both and congress declined[9],[10],[11].
what to ask
these are questions, not advice.
- what is the cpt code on my bill, what does it describe, and does it match what happened in the room?[7]
- is my clinician listed in open payments, and for what? the database is public and searchable by name.[3]
- which edition of the dsm was my diagnosis made under, and what changed in the criteria between editions?[1]
this is not medical advice. it is a summary of published research, it is not a diagnosis, and it is not a recommendation for or against any treatment — nobody here has met you. decisions about starting, changing or stopping a medication belong to you and a prescriber who knows your history. do not change a prescribed medication on the strength of a web page, this one included.
last verified . if a source is updated, corrected or retracted, this page gets changed and re-dated.
sources
primary sources only — no news write-ups, no secondary summaries. each was fetched and checked on the access date shown.
[1] American Psychiatric Association; signed Carlton Davids CPA, Chief Financial Officer, 2024-11-14. Form 990, Return of Organization Exempt From Income Tax, tax year 2023: American Psychiatric Association (EIN 52-2168499). Internal Revenue Service, Tax Exempt Organization Search (public inspection copy), 2024.
the association’s own annual return to the IRS: Part I summary, Part VII compensation, Part VIII statement of revenue by line, Part IX functional expenses · evidence tier: strong · funding: a tax filing, not a study · accessed September 16, 2026
the catch: a 501(c)(6) business league’s return does not itemize industry support; exhibitor and sponsorship income sits inside the annual meeting line and advertising inside publications. The 2024 return’s top lines (revenue $58.2 million, expenses $60.9 million) were read from ProPublica’s Nonprofit Explorer summary of the same IRS record, not from the form itself.
[2] Moynihan R, Albarqouni L, Nangla C, Dunn AG, Lexchin J, Bero L. Financial ties between leaders of influential US professional medical associations and industry: cross sectional study. BMJ, 2020. doi:10.1136/bmj.m1505.
cross-sectional analysis of Open Payments records for 328 leaders of 10 US professional medical associations, 2017 to 2019 · n = 328 · evidence tier: strong · funding: unknown in the record we read · accessed September 16, 2026
the catch: Open Payments records only what manufacturers report about physicians; leaders who are not physicians are not in it, and the American Psychiatric Association’s median was among the lowest of the ten.
[3] Havlik JL, Ososanya L, Tang D, Wahid S, Ross JS, Rhee TG. National Trends in and Concentration of Industry Payments to U.S. Psychiatrists, 2015–2021. Psychiatric Services, 2025. doi:10.1176/appi.ps.20240218. PMID 39439279.
cross-sectional analysis of non-research (general) industry payments to 56,955 US psychiatrists in the CMS Open Payments database, 2015 to 2021 · n = 56,955 · evidence tier: strong · funding: unknown in the abstract we read · accessed September 16, 2026
the catch: general payments include meals, travel, speaking and consulting; a payment is not evidence of a prescribing change, and the study does not claim one.
[4] Havlik JL, Wahid S, Hidalgo K, Isaac S. Research Support for U.S. Psychiatrists From Pharmaceutical and Medical Device Companies, 2015–2022. Psychiatric Services, 2026. doi:10.1176/appi.ps.20250210. PMID 41508310.
cross-sectional analysis of research payments in Open Payments to 57,365 US psychiatrists, 2015 to 2022 · n = 57,365 · evidence tier: strong · funding: unknown in the abstract we read · accessed September 16, 2026
the catch: research support is the money that funds the trials the library is built on; it is reported per principal investigator, so it understates institutional flows.
[5] American Psychological Association; audited by BDO USA, P.C., McLean, Virginia, opinion dated July 23, 2025. American Psychological Association and Subsidiaries: Audited Consolidated Financial Statements, years ended December 31, 2024 and 2023. apa.org, reports, 2025.
the association’s audited statements of financial position, activities, functional expenses and cash flows with notes, consolidating APA, APA Services Inc. and two building-owning LLCs · evidence tier: strong · funding: an audited financial statement, not a study · accessed September 16, 2026
the catch: the licensing line is not broken out by product in the statements; the notes describe it as annual licences of electronic products and name the databases elsewhere on the site.
[6] American Medical Association; audited by Deloitte & Touche LLP. 2024 AMA Annual Report, including the consolidated financial statements of the American Medical Association and Subsidiaries. ama-assn.org, 2025.
the association’s audited consolidated statements of activities and financial position for 2024 and 2023, with management’s discussion · evidence tier: strong · funding: an audited financial statement, not a study · accessed September 16, 2026
the catch: the royalties line combines CPT licensing with credentialing products and licensed data; the report does not print CPT alone.
[7] US Department of Health and Human Services (HIPAA Administrative Simplification regulations). 45 CFR § 162.1002, Medical data code sets. Code of Federal Regulations, 2024 edition, govinfo.gov, 2024.
the regulation that adopts the standard code sets every covered health care claim must use · evidence tier: strong · funding: a regulation · accessed September 16, 2026
the catch: the regulation adopts the code set; it says nothing about what the AMA may charge for it.
[8] American Medical Association. CPT® licensing frequently asked questions (FAQs). ama-assn.org, practice management, 2026.
the licensor’s own statement of who owns CPT, who must license it and how royalties are set · evidence tier: moderate · funding: the licensor’s own page · accessed September 16, 2026
the catch: a marketing and compliance page, quoted for the AMA’s own words, not for independent facts.
[9] US Senate Committee on Appropriations. Fiscal Year 2026 Labor, Health and Human Services, Education, and Related Agencies Appropriations Act: conference bill summary. appropriations.senate.gov, 2026.
the committee’s summary of the enacted FY2026 bill: agency totals and named program lines · evidence tier: strong · funding: a congressional document · accessed September 16, 2026
the catch: a majority-staff summary with its own framing; the dollar lines are the bill’s, the adjectives are the committee’s.
[10] Congressional Research Service. Labor, Health and Human Services, and Education: FY2026 Appropriations (R48970). Congressional Research Service, Library of Congress (May 28, 2026), 2026.
Congress’s nonpartisan account of the FY2026 LHHS bill, including the proposed HHS reorganization and what was enacted · evidence tier: strong · funding: US government document · accessed September 16, 2026
the catch: read from the EveryCRSReport mirror of the same report because congress.gov refused our direct fetch on the day of reading.
[11] Congressional Research Service. National Institutes of Health (NIH) Funding: FY1996–FY2026 (R43341). Congressional Research Service, Library of Congress (May 18, 2026), 2026.
the per-institute NIH funding table FY2024 to FY2026 enacted, and the account of the proposed institute consolidation · evidence tier: strong · funding: US government document · accessed September 16, 2026
the catch: read from the EveryCRSReport mirror of the same report; the FY2027 request is not in this edition.
[12] National Institute of Mental Health. FY 2025 Budget, Congressional Justification: National Institute of Mental Health. nimh.nih.gov, about, budget, 2024.
the institute’s own budget request narrative and grant counts for FY2023 final, FY2024 and FY2025 · evidence tier: strong · funding: US government document · accessed September 16, 2026
the catch: a request, not an enacted figure; the CRS table (source 11) carries what Congress funded. The NIMH budget page notes the FY2026 request proposed folding NIMH into a National Institute of Behavioral Health.
questions
How is the American Psychiatric Association funded?
Mostly by what it sells, not by its members. Its 2023 IRS return reports $64.6 million in revenue: $14.7 million from publications plus $7.6 million in net inventory sales (together about a third, the DSM and the journals), $12.6 million from the annual meeting (a fifth), $5.5 million in membership dues (8 percent), $4.1 million in royalties, $3.4 million in government grants, and $9.5 million in gains on investments sold that year. Revenue fell to $58.2 million in 2024. Industry support is not itemized anywhere in the return, and the association’s annual reports are available only by emailing to ask.
Does the pharmaceutical industry fund the American Psychiatric Association?
The public record does not say how much, and this page does not guess. The IRS return has no industry line; exhibitor and sponsorship money would sit inside the $12.6 million annual meeting line and advertising inside publications. What the record does say is about people rather than the association: the psychiatric APA’s leaders had a median of $212 in industry payments over 2017 to 2019, among the lowest of ten associations studied, while 75 percent of all US psychiatrists received at least one industry payment between 2015 and 2021, $358 million in total, with 1 percent of psychiatrists receiving 74.7 percent of it.
How is the American Psychological Association funded?
By licensing. Its audited 2024 statements report $143.0 million in revenue, of which $93.5 million (65 percent) is "Licensing, royalties and rights", the databases such as PsycINFO sold to libraries and institutions. Publications and journal subscriptions add $23.7 million. Member dues and fees are $8.7 million, 6 percent. It also owns two Washington office buildings that brought in $18.9 million in rent.
How does the AMA make money?
Royalties. The AMA’s audited 2024 statements show $513.2 million in revenue, of which $326.0 million (64 percent) is "Royalties and credentialing products". The largest part is licensing of CPT, the procedure code set the AMA owns and that federal regulation (45 CFR 162.1002) adopts as the standard every covered claim for physician services must use. Membership dues are $32.5 million, 6 percent. The AMA ended 2024 with $1.15 billion in equity.
What did SAMHSA and NIMH get in 2026?
SAMHSA got $7.4 billion, up $65 million, after Congress rejected a proposed $1 billion cut and a plan to fold it into a new Administration for a Healthy America; the mental health block grant is $991 million and the 988 Lifeline $535 million. NIMH got $2,189.8 million, essentially flat for the third year, after Congress rejected a proposal to merge it into a National Institute of Behavioral Health. For comparison, the FDA’s whole budget is about $7.06 billion, half of it industry fees.
related on veisund
the people who can tell you what a diagnosis and a code did to their care are the ones who carried them
veisund is free peer support, and you are anonymous to everyone you talk to. you post under a handle you pick — no real name, no phone number, nothing that follows you back to your real life 🤍
get veisund — it's free