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EIN 86-0724677

Large Binocular Telescope Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Tucson
State
Arizona
Year formed
1992
Most recent tax filings
2023-12-01
NTEE code, primary
U00: Science and Technology Research: General
Description
Large Binocular Telescope Corporation maintains and operates a large optical observatory for astronomical research, with a mission to construct and operate the Large Binocular Telescope. The purpose is to expand mankind's knowledge of space from the vicinity of Earth to the edge of the observable universe. In 2019, LBTO partners and science staff were offered 237 nights for scientific observations, with 75 devoted to engineering work and commissioning new instrumentation such as LINC-NIRVANA and SOUL, despite slightly worrisome weather conditions experienced in Tucson, AZ.
Total revenues
$24,120,428
2023
Total expenses
$22,571,536
2023
Total assets
$101,579,590
2023
Num. employees
0
2023

Program areas at Large Binocular Telescope Corporation

A total of 274 nights were offered to the lbto partners and science staff in 2023 for scientific observations, while 27 were devoted to engineering work and commissioning of new instrumentation. Poor weather conditions resulted in a loss of 40% of science observing time during 2023, similar to the average over the past decade.a total of 59 scientific papers based on lbt data were published in 2023 in referred journals.

Personnel at Large Binocular Telescope Corporation

NameTitleCompensation
Riedl, JamesChief Engineer
DeMars, PeterPrincipal Mechanical Engineer
Hatch, KaraProgram Coordinator Technical Director
Hill, JohnTechnical Director
Smithwright, MarkHead of Engineering
...and 15 more key personnel

Financials for Large Binocular Telescope Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$24,078,690
Program services$0
Investment income and dividends$13,149
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$28,023
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$566
Total revenues$24,120,428

Form 990s for Large Binocular Telescope Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-21990View PDF
2022-122023-11-13990View PDF
2021-122022-11-09990View PDF
2020-122021-11-12990View PDF
2019-122021-04-02990View PDF
...and 10 more Form 990s
Data update history
January 24, 2024
Updated personnel
Identified 1 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
October 9, 2023
Updated personnel
Identified 2 new personnel
August 23, 2023
Updated personnel
Identified 20 new personnel
Nonprofit Types
Research centersCharities
Issues
Science and technology
Characteristics
Conducts researchReceives government fundingProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
933 N Cherry Ave Room 552
Tucson, AZ 85719
Metro area
Tucson, AZ
County
Pima County, AZ
Website URL
lbto.org/ 
Phone
(520) 626-5231
IRS details
EIN
86-0724677
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U00: Science and Technology Research: General
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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