International Lunar Observatory Association
- Assets
- $5.6m
- Revenue
- $709.1k
- Investments
- $5.2m
- Employees
- 0
- Location
- Kamuela, HI
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 68-0659724
Organization Overview
International Lunar Observatory Association is located in Kamuela, HI. The organization was established in 2009. 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. International Lunar Observatory Association 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 12/2021, International Lunar Observatory Association generated $709.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $388.1k during the year ending 12/2021. While expenses have increased by 7.7% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ILOA IS TO EXPAND HUMAN UNDERSTANDING OF THE COSMOS THROUGH OBSERVATION FROM THE MOON.IN 2021, ILOA WAS INVOLVED IN THE FOLLOWING ACTIVITIES: - CONTRACTED INTUITIVE MACHINES TO HELP IN DELIVERING A NEW CAMERA IMAGING SYSTEM TO CAPTURE IMAGES OF THE MOON'S SURFACE AND THE FIRST IMAGES OF THE MILKY WAY GALAXY CENTER. - ILOA CONDUCTED A SERIES OF 3 INTERNATIONAL GALAXY FORUM EVENTS FOR TEACHERS, STUDENTS AND THE GENERAL PUBLIC. FORUMS WERE HELD IN THE FOLLOWING LOCATIONS: - SILICON VALLEY, CA, USA (JULY 3, 2021) - HUTCHINSON, KANSAS, USA (AUGUST 21, 2021) - KAMUELA, HI, USA (NOVEMBER 17, 2021)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Huimin Qin Warbus Director | 1 | $21,600 | |
Bill Carswell Director | 3 | $14,400 | |
Joseph Sulla Director | 3 | $12,300 | |
Boonrucksar Soonthornthum Director | 0.5 | $0 | |
David Schrunk Director | 5 | $0 | |
Christian Veillet Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $709,000 |
| Interest on Savings | $121 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $709,121 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $79,482 |
| Other employee salaries and wages | $3,362 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,165 |
| Depreciation | $0 |
| Occupancy | $16,142 |
| Travel, conferences, and meetings | $10,251 |
| Printing and publications | $184 |
| Other expenses | $8,174 |
| Total operating and administrative expenses | $387,136 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $388,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $388,763 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,222,511 |
| Net Land, buildings, and equipment | $233 |
| Other assets | $0 |
| Total assets | $5,611,507 |
| Accounts payable and accrued expenses | $73,242 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $73,242 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gmto Corporation Pasadena, CA | $305,649,164 | $8,771,769 |
California Association For Research In Astronomy Kamuela, HI | $81,069,087 | $25,670,237 |
Seti Institute Mountain View, CA | $26,724,400 | $28,045,270 |
Tmt International Observatory Llc Pasadena, CA | $169,747,389 | $25,562,706 |
Canada France Hawaii Telescope Corporation Kamuela, HI | $15,098,361 | $9,205,566 |
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 |
Open Lunar Foundation Walnut, CA | $1,217,413 | $53,847 |
Mount Wilson Institute Pasadena, CA | $3,027,388 | $997,387 |
Tzec Maun Foundation Redwood City, CA | $2,572,911 | $363,000 |
Monterey Institute For Research In Astronomy Marina, CA | $4,714,732 | $315,435 |