GOLETA, CA
Las Cumbres Observatory Global Telescope Network Inc.
Quick Facts
- EIN
- 770361278
- Location
- GOLETA, CA
- Category
- Science & Technology
- Total Assets
- $35.2M
- Annual Income
- $6.1M
- IRS Ruling Year
- 2024
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Las Cumbres Observatory Global Telescope Network Inc. is a private corporation based in GOLETA, CA. The foundation received its IRS ruling in 2024. It holds total assets of $35.2M. Annual income is reported at $6.1M. The foundation operates in the area of science & technology. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$14.4M
2023+56%
Total Assets
$38.7M
2023-14%
Fair Market Value
$38.7M
2023
Net Worth
$33M
2023
Grants Paid
$203K
2023
Contributions
$6.2M
2023
Net Investment Income
$263K
2023
Distribution Amount
$0
2023
Total Giving by Year
$7.6M
11$8.2M
12$7.4M
13$7.9M
14$8.8M
19$9.2M
20$14.4M
23Asset Growth
$41.8M
11$46.8M
12$48.1M
13$47.5M
14$46.5M
19$44.8M
20$38.7M
23Expense Breakdown (2023)
Depreciation$2.8M
Occupancy$903K
Pension & Benefits$548K
Officer Compensation$334K
Travel & Conferences$230K
Grants Paid$203K
Accounting Fees$62K
Legal Fees$1K
Revenue Sources (2023)
- Contributions
- $6.2M
- Other Income
- $1.7M
- Capital Gains (Net)
- $1.5M
- Interest
- $46K
- Dividends
- $28K
Financial Details (2023)
- Total Revenue
- $9.5M
- Total Expenses
- $14.4M
- Exempt Purpose Expenses
- $10.1M
- Required Distribution
- $0
- Undistributed Income
- $0
- Total Liabilities
- $5.7M
- Excise Tax
- $4K
- Tax Due
- $4K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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