Planetary Science Institute

Organization Overview

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 09/2023, Planetary Science Institute employed 161 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 09/2023, Planetary Science Institute generated $17.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $17.6m during the year ending 09/2023. While expenses have increased by 5.3% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

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 35 STATES, THE DISTRICT OF COLUMBIA, AND OTHER LOCATIONS AROUND THE WORLD. IN THE FISCAL YEAR ENDING SEPTEMBER 30, 2023, 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, PSYCHE, NEW HORIZONS MISSION, AND ESA'S MARS EXPRESS. THEY ARE UNVEILING MERCURY'S GEOLOGICAL MYSTERIES, IDENTIFYING POTENTIAL SALT GLACIERS AND EVIDENCE OF A PRIMORDIAL ATMOSPHERE. THEY HAVE DISCOVERED NEW VOLCANIC PROCESSES ON THE MOON AND A LARGE VOLCANIC OUTBURST ON IO.THE PSI OBSERVATORY CONTINUES TO BE USED IN THE STUDY OF JUPITER'S IO TORUS, THE OBSERVATION OF COMETS, EXOPLANETS AND OTHER BODIES. PSI SCIENTISTS ARE IDENTIFYING THE DISTRIBUTION OF BURIED WATER ICE RESOURCES ON THE MOON AND MARS THAT MAY BE IMPORTANT FOR FUTURE HUMAN EXPLORATION, THEY SUPPORT AN INSTRUMENT ON THE INTERNATIONAL SPACE STATION TO STUDY THE CLIMATE EFFECTS OF DUST (PARTICULARLY FROM NORTH AFRICA).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.


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Board, Officers & Key Employees

Name (title)Compensation
Mark V Sykes
CEO / Trustee
$251,857
Scott Fouse
Trustee/board Chair
$0
William Craig
Trustee/vice Chair
$0
William Hartmann
Trustee
$0
Alison Nordt
Trustee
$0
Arun Seraphin
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$121,858
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$121,858
Total Program Service Revenue$17,741,199
Investment income $61,275
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 $17,937,228

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