Lsst Inc
- Assets
- $7.4m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 04/2004
- Data as of
- 09/2023
- EIN
- 56-2390650
Organization Overview
Lsst Inc is located in Tucson, AZ. The organization was established in 2004. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lsst Inc 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, Lsst Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $2.5m during the year ending 09/2023. While expenses have increased by 10.9% 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.
Since 2016, Lsst Inc has awarded 88 individual grants totaling $3,693,215. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MAXIMIZE THE IMPACT OF RUBIN'S LSST BY ENGAGING AN INCLUSIVE, GLOBAL COMMUNITY OF SCIENTISTS WITH INNOVATIVE PROGRAMS THAT REMOVE OBSTACLES BETWEEN LSST DATA AND DISCOVERIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TEMPLETON PROGRAM FUNDS OUTSTANDING EARLY-CAREER RESEARCHERS WHO ASPIRE NOT ONLY TO CONDUCT THEIR OWN CUTTING-EDGE SCIENTIFIC RESEARCH BUT ALSO TO CONTRIBUTE TO THE PROGRAM'S LASTING LEGACY BY BUILDING NETWORKS, LEARNING AND SHARING SKILLS, AND CULTIVATING PRACTICES THAT ENABLE SCIENCE WITH BIG DATA. THE CATALYST FELLOWSHIP AIMS TO REALIZE THE FULL POTENTIAL OF THE RUBIN OBSERVATORY'S LEGACY SURVEY OF SPACE AND TIME (LSST), THROUGH NEW DISCOVERIES AND BY CREATING EXCEPTIONAL OPPORTUNITIES FOR ASTROPHYSICS AND SOCIAL SCIENCE RESEARCHERS, INCLUDING THOSE FROM TRADITIONALLY UNDER-REPRESENTED GROUPS AND INSTITUTIONS.
801 HEISING-SIMONS FOUNDATION:HSF ICECUBE NEUTRINO CHILDCARE SUPPORT PILOT
HEISING-SIMONS FOUNDATION INCLUSIVE COLLABORATION - DEI DESIGN
SUMMER STUDENT PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Gladney Treasurer | Trustee | 1 | $0 |
Michael Wood-Vasey Chairman (from 5/23) | Trustee | 2 | $0 |
Lucas Macri Chairman (until 5/23) | Trustee | 2 | $0 |
Mederic Boquien Board Member | Trustee | 1 | $0 |
Pat Burchat Board Member | Trustee | 1 | $0 |
Will Clarkson Board Member | Trustee | 1 | $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 | $2,238,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,238,647 |
| Total Program Service Revenue | $629,920 |
| Investment income | $96,135 |
| 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 | $2,964,702 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,137,709 |
| Grants and other assistance to domestic individuals. | $71,318 |
| Grants and other assistance to Foreign Orgs/Individuals | $198,347 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $525 |
| Fees for services: Accounting | $31,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $6,679 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $156,614 |
| Advertising and promotion | $807 |
| Office expenses | $12,671 |
| Information technology | $57,644 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $41,268 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $102,741 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,230 |
| All other expenses | $2,515 |
| Total functional expenses | $2,488,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29 |
| Savings and temporary cash investments | $5,793,767 |
| Pledges and grants receivable | $440,064 |
| Accounts receivable, net | $265,920 |
| 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 | $850,930 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,758 |
| Total assets | $7,377,468 |
| Accounts payable and accrued expenses | $118,039 |
| Grants payable | $280,119 |
| Deferred revenue | $4,814,050 |
| 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 | $1,266,601 |
| Total liabilities | $6,478,809 |
| Net assets without donor restrictions | $1,459,262 |
| Net assets with donor restrictions | -$560,603 |
| 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 | $7,377,468 |
Grants Awarded
Over the last fiscal year, Lsst Inc has awarded $1,119,257 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BENEDICTINE UNIVERSITY PURPOSE: TEMPLETON FOUNDATION | $21,667 |
CORNELL UNIVERSITY PURPOSE: TEMPLETON FOUNDATION | $21,667 |
DREXEL UNIVERSITY PURPOSE: TEMPLETON FOUNDATION | $10,833 |
LAS CUMBRES OBSERVATORY PURPOSE: TEMPLETON FOUNDATION | $27,833 |
NORTHWESTERN UNIVERSITY PURPOSE: TEMPLETON FOUNDATION | $84,739 |
PRESIDENT AND FELLOWS OF HARVARD PURPOSE: SCHMIDT - LINCCUBATOR | $22,500 |