EIN 26-2637707

GMTO Corporation

IRS 501(c) type
501(c)(3)
Num. employees
95
Year formed
2007
Most recent tax filings
2022-06-01
Description
GMTO Corporation collaborates with universities and research institutions to build the Giant Magellan Telescope, aiming to undertake its design, development, construction, and operation for advanced astronomical research. The purpose of the corporation is to construct a next-generation state-of-the-art astronomical telescope.
Total revenues
$32,220,104
2022
Total expenses
$37,165,448
2022
Total assets
$321,703,747
2022
Num. employees
95
2022

Program areas at GMTO Corporation

The purpose of the Corporation is to undertake the design, development, construction and operation of the giant magellan telescope ("gmt"), a state-of-the-art next generation astronomical telescope, as a collaborative effort between universities and research organizations. All contributions and all expenses are geared toward the fulfillment of that purpose. During the fiscal year ending june 30, 2022, Gmto completed the construction work of the water utility package at the telescope site in chile. Gmto also continued on the work on its primary mirror segments and design work on major subsystems, including prototyping, and underwent various design reviews.

Who funds GMTO Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Association of Universities for Research in AstronomyScientific Research and Development for the Us Extremely Large Telescope Program$5,103,793

Personnel at GMTO Corporation

NameTitleCompensation
Alan GordonBoard Member$258,074
Magellan TelescopeCo - Chair, Chief Scientist, Giant
Jennifer EcclesBoard Member$218,327
Miguel RothVice President and Legal Representative , Chile
Robert SheltonPresident$494,601
...and 9 more key personnel

Financials for GMTO Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$31,875,324
Program services$0
Investment income and dividends$344,780
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$32,220,104

Form 990s for GMTO Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-07-19990View PDF
2020-062021-05-28990View PDF
2019-062020-09-25990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s
Data update history
April 18, 2024
Updated personnel
Identified 1 new personnel
September 25, 2023
Received grants
Identified 1 new grant, including a grant for $5,103,793 from Association of Universities for Research in Astronomy
August 1, 2023
Updated personnel
Identified 6 new personnel
July 22, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Research centersCharities
Issues
Science and technology
Characteristics
Conducts researchLobbyingOperates internationallyReceives government fundingTax deductible donations
General information
Address
300 N Lake Ave 14th Floor
Pasadena, CA 91101
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
giantmagellan.org/ 
Phone
(626) 204-0544
Facebook page
GMTelescope 
IRS details
EIN
26-2637707
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U30: Physical Sciences, Earth Sciences Research, Services
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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