Astrophysical Research Consortium
- Assets
- $40.7m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 60
- Location
- Seattle, WA
- Founding
- 10/1984
- Data as of
- 12/2023
- EIN
- 91-1265806
Organization Overview
Astrophysical Research Consortium is located in Seattle, WA. The organization was established in 1984. 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, Astrophysical Research Consortium employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Astrophysical Research Consortium 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, Astrophysical Research Consortium generated $8.3m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $10.4m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASTROPHYSICAL RESEARCH CONSORTIUM WAS ESTABLISHED TO DESIGN, BUILD AND OPERATE A VARIETY OF SIZES AND SHAPES OF TELESCOPES AT ITS APACHE POINT SITE AT SUNSPOT, NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 3.5-METER TELESCOPE BENEFITS THE RESEARCH FACULTY, GRADUATE AND UNDERGRADUATE STUDENTS, AND PUBLIC OUTREACH PROGRAMS OF EACH MEMBER INSTITUTION. USING INNOVATIVE REMOTE SOFTWARE, ASTRONOMERS CAN OPERATE AND COLLECT DATA FROM ANYWHERE IN THE WORLD. THE TELESCOPE HAS A SUITE OF CAMERAS AND SPECTROGRAPHS THAT SERVE A WIDE VARIETY OF SCIENTIFIC ENDEAVORS, RESULTING IN MORE THAN 50 REFEREED SCIENCE RESULTS BEING PUBLISHED EACH YEAR. THERE IS AN ACTIVE OUTREACH PROGRAM AT THE OBSERVATORY AND AT MEMBER INSTITUTIONS. THE 2.5-METER TELESCOPE, WHICH OPERATES THE SDSS-IV AND SDSS-V SURVEY PROJECTS, HAD A PRODUCTIVE YEAR. THE SDSS-IV PROJECT WAS COMPLETED IN DECEMBER 2021. THE PROJECT IS STILL FUNDING TRAVEL FOR SCIENTIFIC CONFERENCES IN 2023. THE SDSS-V SURVEY BEGAN IN OCTOBER 2020 (SLIGHTLY DELAYED DUE TO COVID19) AND IS STILL FUND-RAISING (TRYING TO HAVE MORE MEMBER INSTITUTIONS JOINED). A NEW CORRECTOR LENS WAS BUILT FOR THE SLOAN TELESCOPE. A NEW ROBOTIC FIBER POSITIONING SYSTEM ("THE FPS") WAS INSTALLED AND COMMISSIONED AT APO IN NOVEMBER AND DECEMBER OF 2021 AND A SECOND FPS WAS INSTALLED AND COMMISSIONED AT LCO IN AUGUST AND SEPTEMBER OF 2022. OPERATIONS ARE ONGOING AT APO AND AT LCO. THE LOCAL VOLUME MAPPER INSTRUMENT (LVMI) HAS BEEN INSTALLED AT LCO STARTING FEBRUARY OF 2023. LVMI OPERATIONS BEGAN IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Crenshaw Board Chair | OfficerTrustee | 4 | $12,500 |
Henry Chip Kobulnicky Secretary And Treasurer | OfficerTrustee | 1 | $0 |
Suzanne Hawley Trustee | Trustee | 1 | $0 |
Daniel Pollack Trustee | Trustee | 0.9 | $0 |
James Murphy Trustee | Trustee | 0.5 | $0 |
Michele Shuster Trustee | Trustee | 0.9 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
New Mexico St Univ Observatory Operations Support | 12/30/23 | $3,237,087 |
University Of Utah Observatory Operations Support | 12/30/23 | $292,813 |
Carnegie Institution Observatory Operations Support | 12/30/23 | $1,688,090 |
University Of Washington Observatory Operations Support | 12/30/23 | $764,335 |
University Of Arizona Observatory Operations Support | 12/30/23 | $118,092 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,573,812 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,750,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,323,812 |
| Total Program Service Revenue | $4,681,191 |
| Investment income | $303,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$53,961 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,264,413 |
| 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. | $132,328 |
| Compensation of current officers, directors, key employees. | $132,328 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,916,653 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $608,172 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $68,877 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,450 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $92,147 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,199,840 |
| Travel | $99,016 |
| 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 | $3,176,197 |
| Insurance | $46,637 |
| All other expenses | $0 |
| Total functional expenses | $10,373,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,012,341 |
| Savings and temporary cash investments | $3,168,742 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $20,704,117 |
| Investments—publicly traded securities | $798,995 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,684,195 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $3,106,723 |
| 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 | $0 |
| Total liabilities | $3,106,723 |
| Net assets without donor restrictions | $17,748,229 |
| Net assets with donor restrictions | $19,829,243 |
| 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 | $40,684,195 |