East Asian Observatory
- Assets
- $8.9m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 28
- Location
- Hilo, HI
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 47-1952212
Organization Overview
East Asian Observatory is located in Hilo, HI. The organization was established in 2015. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. As of 12/2022, East Asian Observatory employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Asian Observatory 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 12/2022, East Asian Observatory generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. While expenses have increased by 1.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE EAST ASIAN OBSERVATORY (EAO) MISSION IS TO CONSTRUCT, OWN, OPERATE MAINTAIN AND IMPROVE ASTRONOMICAL FACILITIES FOR THE EAST ASIAN REGIONS, AND TO ENGAGE IN ALL OTHER ACTIONS THAT ARE NECESSARY CONDUCIVE AND CONVENIENT TO THE ATTAINMENT OF THE FOREGOING PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE JAMES CLERK MAXWELL TELESCOPE (JCMT) FOR SCIENTIFIC ENDEAVOR. JCMT, WITH A DIAMETER OF 15 METERS, IS THE LARGEST ASTRONOMICAL TELESCOPE IN THE WORLD DESIGNED SPECIFICALLY TO OPERATE IN THE SUBMILLIMETER WAVELENGTH REGION OF THE SPECTRUM. THE JCMT IS USED TO STUDY OUR SOLAR SYSTEM, INTERSTELLAR AND CIRCUMSTELLAR DUST AND GAS, AND DISTANT GALAXIES. OBSERVING TIME EACH YEAR IS DIVIDED UP AMONG THE FOUNDING INSTITUTIONS, AND THE BROADER OBSERVING COMMUNITY HAS ACCESS THROUGH SPECIFIC SCIENTIFIC PARTNERSHIPS. TYPICALLY ABOUT 600 SCIENTISTS ALL OVER THE WORLD MAKE USE OF THE JCMT EVERY YEAR, AND THEY PUBLISH ON THE ORDER OF 200 PAPERS EVERY YEAR IN SCIENTIFIC JOURNALS. JCMT ALSO CONTINUES TO MAINTAIN AND IMPROVE A SUITE OF ADVANCED INSTRUMENTS FOR RESEARCH ON THE TELESCOPE.
PROVIDE TECHNICAL SUPPORT FOR THE EVENT HORIZON TELESCOPE PROJECT FROM THE VERY LONG BASELINE INTERFEROMETRY GROUPS AT JCMT. THIS PROJECT PARTICIPATES ANNUALLY IN A GLOBAL EXPERIMENT INVOLVING MANY OTHER TELESCOPES TO IMAGE THE SHADOW OF THE SUPERMASSIVE BLACK HOLES IN THE CENTERS OF GALAXIES.
PROVIDE SUPPORT FOR ASTRONOMERS AND STUDENTS TO ENGAGE IN RESEARCH AT THE JCMT, TO CALIBRATE THEIR DATA FROM THE TELESCOPE, AND TO PRODUCE SCIENTIFIC PUBLICATIONS. JCMT STAFF ALSO HOSTED AND PARTICIPATED IN INTERNATIONAL EDUCATIONAL WORKSHOPS AND CONFERENCES. THE JCMT ALSO HAS A PUBLIC OUTREACH PROGRAM WHICH AIMS TO FOSTER A GREATER APPRECIATION OF SCIENCE, AND OF ASTRONOMY IN PARTICULAR, AND ALSO TO PROVIDE EDUCATIONAL AND TRAINING OPPORTUNITIES TO HIGH SCHOOL STUDENTS IN HAWAII.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul T P Ho Director General, Presiden | OfficerTrustee | 1 | $0 |
Ue-Li Pen Vice President/director | OfficerTrustee | 1 | $0 |
Kazuhiro Sekiguchi Director | Trustee | 1 | $0 |
Gongbo Zhao Vice President/director | OfficerTrustee | 1 | $0 |
Wiphu Rujopakarn Vice President/director | OfficerTrustee | 1 | $0 |
Winny Hsieh Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,875,332 |
| All other contributions, gifts, grants, and similar amounts not included above | $599,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,474,832 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $3,475,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $162,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $140,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,004,033 |
| Pension plan accruals and contributions | $87,687 |
| Other employee benefits | $202,823 |
| Payroll taxes | $103,629 |
| Fees for services: Management | $311,287 |
| Fees for services: Legal | $20,648 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $206,166 |
| Advertising and promotion | $0 |
| Office expenses | $58,050 |
| Information technology | $15,515 |
| Royalties | $0 |
| Occupancy | $480,926 |
| Travel | $48,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,045,476 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,102,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $985,768 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $277,032 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,402,916 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $281,985 |
| Total assets | $8,947,701 |
| Accounts payable and accrued expenses | $46,901 |
| Grants payable | $0 |
| Deferred revenue | $1,582,404 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $60,153 |
| Total liabilities | $1,689,458 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $7,258,243 |
| Total liabilities and net assets/fund balances | $8,947,701 |