Planetary Science Institute is located in Tucson, AZ. The organization was established in 1986. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. As of 09/2021, Planetary Science Institute employed 164 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Planetary Science Institute 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 09/2021, Planetary Science Institute generated $17.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $15.5m during the year ending 09/2021. While expenses have increased by 4.8% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOLAR SYSTEM EXPLORATION, COMPARATIVE PLANETOLOGY, SCIENCE EDUCATION AND PUBLIC OUTREACH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PLANETARY SCIENCE INSTITUTE (PSI) IS A NONPROFIT SCIENCE RESEARCH AND EDUCATIONAL ORGANIZATION WITH AN ESTABLISHED RECORD OF EXCELLENCE IN SOLAR SYSTEM EXPLORATION, COMPARATIVE PLANETOLOGY, SCIENCE EDUCATION AND PUBLIC OUTREACH. PSI HAS SCIENTISTS IN 30 STATES, THE DISTRICT OF COLUMBIA, AND OTHER LOCATIONS AROUND THE WORLD. IN THE FISCAL YEAR ENDING SEPTEMBER 30, 2021, PSI SCIENTISTS OPERATED INSTRUMENTS ON NASA'S MARS SCIENCE LABORATORY AND JUNO MISSIONS AND PROVIDED SCIENCE TEAM SUPPORT FOR THESE AND NASA'S MARS RECONNAISSANCE ORBITER, LUNAR RECONNAISSANCE ORBITER, NEW HORIZONS MISSION AND THE OSIRIS-REX MISSION, ESA'S MARS EXPRESS, AND JAPAN'S AKATSUKI MISSION AT VENUS.THE PSI OBSERVATORY CONTINUES TO BE USED IN THE STUDY OF JUPITER'S IO TORUS AND THE OBSERVATION OF COMETS AND OTHER SMALL BODIES. PSI SCIENTISTS IDENTIFIED BURIED WATER ICE RESOURCES AT MIDLATITUDES ON MARS THAT MAY BE IMPORTANT FOR FUTURE HUMAN EXPLORATION, THEY FOUND EVIDENCE THAT VOLCANOES ON MARS COULD BE ACTIVE, THEY STUDIED A MASSIVE ROCK AND ICE AVALANCHE IN THE INDIAN HIMALAYAS WITH IMPLICATIONS FOR DEVELOPMENT UNDER CLIMATE CHANGE, THEY DETERMINED THAT SMALL IMPACTS CHURN THE SURFACE OF JUPITER'S MOON EUROPA, THEY CAME UP WITH A DEFINITION OF LIFE INVOLVING BLOCKCHAIN WITH IMPLICATIONS FOR CYBERNETIC SYSTEMS, THEY IDENTIFIED CARBON DIOXIDE COLD TRAPS ON THE MOON AS A POTENTIAL RESOURCE FOR HUMANS, AND DISCOVERED THE FIRST PLANET ORBITING A DOUBLE STAR.PSI SCIENTISTS WERE AWARDED RESEARCH GRANTS AND CONTRACTS TO CONDUCT DIVERSE RESEARCH AND LABORATORY STUDIES COVERING THE MOON, MARS, ASTEROIDS, COMETS, METEORITES, OUTER PLANET SATELLITES, SOLAR SYSTEM DYNAMICS, SOLAR SYSTEM ORIGINS, PLANETS AROUND OTHER STARS, AND OTHER AREAS.PSI IS RESPONSIBLE, AS PART OF NASA'S PLANETARY DATA SYSTEM, FOR ARCHIVING ALL MISSION DATA INVOLVING ASTEROIDS, COMETS AND INTERPLANETARY DUST AND MAKING IT AVAILABLE TO THE GENERAL SCIENCE COMMUNITY AND PUBLIC. PSI SCIENTISTS ENGAGED IN PUBLIC OUTREACH THROUGH ART, WRITING CHILDREN'S BOOKS, POPULAR SCIENCE BOOKS, AND PUBLIC LECTURES AND BROADCAST EVENTS SUCH AS DISCOVERY CHANNEL AND BBC SPECIALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark V Sykes CEO / Trustee | OfficerTrustee | 40 | $213,540 |
Bruce D Barnett CFO / Treasurer | Officer | 40 | $192,594 |
Amanda R Hendrix Senior Scientist | 40 | $176,593 | |
Melinda Dyar Senior Scientist | 31 | $166,677 | |
Catherine M Weitz Senior Scientist | 40 | $166,112 | |
Candice J Hansen-Koharcheck Senior Scientist | 40 | $161,776 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,781,600 |
All other contributions, gifts, grants, and similar amounts not included above | $131,479 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,913,079 |
Total Program Service Revenue | $15,371,970 |
Investment income | $10,402 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $17,303,405 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $587,161 |
Compensation of current officers, directors, key employees. | $383,265 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,275,802 |
Pension plan accruals and contributions | $1,035,119 |
Other employee benefits | $818,982 |
Payroll taxes | $669,157 |
Fees for services: Management | $0 |
Fees for services: Legal | $12,640 |
Fees for services: Accounting | $52,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $60,183 |
Advertising and promotion | $0 |
Office expenses | $80,914 |
Information technology | $75,888 |
Royalties | $0 |
Occupancy | $284,700 |
Travel | $57,349 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,485 |
Interest | $44,644 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $206,329 |
Insurance | $32,740 |
All other expenses | $168,739 |
Total functional expenses | $15,454,007 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,894,624 |
Savings and temporary cash investments | $325,550 |
Pledges and grants receivable | $1,626,467 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $55,404 |
Net Land, buildings, and equipment | $1,373,050 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,275,095 |
Accounts payable and accrued expenses | $1,785,899 |
Grants payable | $0 |
Deferred revenue | $11,178 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $832,979 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,630,056 |
Net assets without donor restrictions | $2,535,111 |
Net assets with donor restrictions | $109,928 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,275,095 |
Over the last fiscal year, we have identified 4 grants that Planetary Science Institute has recieved totaling $133,156.
Awarding Organization | Amount |
---|---|
Lowell Observatory Flagstaff, AZ PURPOSE: NASA GRANT - SUBAWARD COLLABORATION RESEARCH | $67,558 |
Seti Institute Mountain View, CA PURPOSE: RESEARCH | $55,054 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $544 |
Organization Name | Assets | Revenue |
---|---|---|
Gmto Corporation Pasadena, CA | $305,649,164 | $8,771,769 |
Seti Institute Mountain View, CA | $26,724,400 | $28,045,270 |
Large Binocular Telescope Corporation Tucson, AZ | $104,607,014 | $11,909,094 |
Lowell Observatory Flagstaff, AZ | $78,377,713 | $22,823,113 |
Planetary Science Institute Tucson, AZ | $5,275,095 | $17,303,405 |
Tmt International Observatory Llc Pasadena, CA | $169,747,389 | $25,562,706 |
Wiyn Consortium Inc Tucson, AZ | $27,019,162 | $3,689,249 |
Soar Consortium Inc Tucson, AZ | $23,700,628 | $2,948,166 |
B612 Foundation Mill Valley, CA | $5,510,258 | $2,167,756 |
Astronomical Society Of The Pacific San Francisco, CA | $5,482,594 | $2,444,548 |
Griffith Observatory Foundation Los Angeles, CA | $2,279,624 | $1,729,095 |
Lsst Inc Tucson, AZ | $4,073,108 | $1,051,601 |