Pisgah Astronomical Research Institute
- Assets
- $17.9m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 21
- Location
- Rosman, NC
- Founding
- 01/1999
- Data as of
- 12/2023
- EIN
- 56-2108640
Organization Overview
Pisgah Astronomical Research Institute is located in Rosman, NC. The organization was established in 1999. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. As of 12/2023, Pisgah Astronomical Research Institute employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pisgah Astronomical Research 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 12/2023, Pisgah Astronomical Research Institute generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.6%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PARI IS A PUBLIC NOT-FOR-PROFIT ORGANIZATION DEDICATED TO PROVIDING HANDS- ON EDUCATIONAL AND RESEARCH OPPORTUNITIES FOR A BROAD CROSS-SECTION OF USERS IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) DISCIPLINES.
Describe the Organization's Program Activity:
PISGAH ASTRONOMICAL RESEARCH INSTITUTE (PARI) IS ESTABLISHED TO PROMOTE THE TEACHING OF ASTRONOMY AND PROVIDE AN ASTRONOMICAL OBSERVATORY AND STUDY SITE FOR EDUCATION AND RESEARCH BY COLLEGES, UNIVERSITIES, AND ELEMENTARY, MIDDLE, AND HIGH SCHOOLS, AND FOR THE PROMOTION OF THE SCIENCES TO SUPPORT THESE ACTIVITIES. IN ADDITION, RELATIONSHIPS ARE DEVELOPED WITH UNIVERSITIES, BOTH LOCALLY AND NATIONALLY, SUCH AS THE UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL, NORTH CAROLINA STATE UNIVERSITY, UNIVERSITY OF NORTH CAROLINA - ASHEVILLE, AND OTHERS. IN ADDITION, THE ORGANIZATION HAS IMPLEMENTED A VARIETY OF SPACE CAMP OPTIONS, WHICH INCLUDE ASTRONOMY, SCIENCE, AND ROBOTICS PROVIDING AN ARRAY OF LEARNING EXPERIENCES, FROM ASTRONOMY, PHYSICS, AND ASTROBIOLOGY, WITH THE SAME EQUIPMENT USED BY NASA, TO SIMULATE SPACE MISSIONS THAT TEACH LEADERSHIP, TEAMWORK, AND STEM PRINCIPLES. OTHER CAMP OFFERINGS INCLUDE EXPERIENCE IN ROBOTICS, SENSORS, ARTIFICIAL INTELLIGENCE, CRYPTOGRAPHY AND SECRET MESSAGING, COMPUTATIONAL THINKING, AND 3D DESIGN AND PRINTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Donald Cline Chairman & P | OfficerTrustee | 15 | $0 |
Ken Jacobson Vice Preside | OfficerTrustee | 2 | $0 |
John Avant Secretary | OfficerTrustee | 2 | $0 |
Zac Engle Treasurer | OfficerTrustee | 2 | $0 |
Michael A Murphy Director | Trustee | 2 | $0 |
George House Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $206,691 |
| All other contributions, gifts, grants, and similar amounts not included above | $514,474 |
| Noncash contributions included in lines 1a–1f | $111,618 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $721,165 |
| Total Program Service Revenue | $316,025 |
| Investment income | $45 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,191 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,124,860 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $467,086 |
| Pension plan accruals and contributions | $9,185 |
| Other employee benefits | $11,907 |
| Payroll taxes | $35,101 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,001 |
| Advertising and promotion | $2,586 |
| Office expenses | $7,150 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $167,928 |
| Travel | $1,239 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $83,645 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $305,598 |
| Insurance | $63,852 |
| All other expenses | $41,297 |
| Total functional expenses | $1,468,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,102 |
| Savings and temporary cash investments | $56,928 |
| Pledges and grants receivable | $143,569 |
| Accounts receivable, net | $13,971 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $141,396 |
| Prepaid expenses and deferred charges | $20,419 |
| Net Land, buildings, and equipment | $7,171,011 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,319,985 |
| Total assets | $17,901,381 |
| Accounts payable and accrued expenses | $38,653 |
| Grants payable | $0 |
| Deferred revenue | $2,219 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,750,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $90,000 |
| Other liabilities | $335,859 |
| Total liabilities | $3,216,731 |
| Net assets without donor restrictions | $4,471,515 |
| Net assets with donor restrictions | $10,213,135 |
| 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 | $17,901,381 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Star Route Mail Contractors Association Vienna, VA | $2,569,472 | $2,106,797 |
Pisgah Astronomical Research Institute Rosman, NC | $17,901,381 | $1,124,860 |
American Astronautical Society Inc Springfield, VA | $1,150,212 | $944,774 |
Order Of Eastern Star Grand Chapter Of Virginia Midlothian, VA | $4,029,707 | $292,094 |
Astronomical League Fincastle, VA | $384,206 | $195,075 |
The Winter Star Company Burnsville, NC | $858,490 | $63,949 |
Metropolitan Atlanta Astrological Society Atlanta, GA | $254,233 | $0 |