TMT OBSERVATORY CORPORATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- TMT OBSERVATORY CORPORATION (EIN 20-0988966)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-08-13
- IRS object ID
- 201342259349301424
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-13T10:46:07-05:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 HIGH STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200988966 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TMT OBSERVATORY CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % DAVID GOODMAN | InCareOfName |
| Name Control | TMTO | NameControl |
| Phone | 6263951610 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 SOUTH ARROYO PARKWAY | AddressLine1 |
| City | PASADENA | City |
| State | CA | State |
| ZIP Code | 91105 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EDWARD STONE | Name |
| Title | VICE CHAIRMAN | Title |
| Date Signed | 2013-08-12 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PRICEWATERHOUSECOOPERS LLP | Name |
| Phone | 6175305000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | EDWARD STONE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 SO ARROYO PKWY STE 200 | AddressLine1 |
| City | PASADENA | City |
| State | CA | State |
| ZIP Code | 91105 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 15294555 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.TMT.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2004 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 30 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 15000000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 15293700 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1104 | InvestmentIncomePriorYear |
| Investment Income Current Year | 855 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 15001104 | TotalRevenuePriorYear |
| Total Revenue Current Year | 15294555 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 64521 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 15000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6233387 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6152439 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9835898 | OtherExpensePriorYear |
| Other Expenses Current Year | 6886575 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 16133806 | TotalExpensesPriorYear |
| Total Expenses Current Year | 13054014 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1132702 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2240541 | RevenuesLessExpensesCY |
| Total Assets BOY | 11088199 | TotalAssetsBOY |
| Total Assets EOY | 12346367 | TotalAssetsEOY |
| Total Liabilities BOY | 3137020 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2154647 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7951179 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10191720 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 11370146 | Expense |
| Grants | 15000 | Grants |
| Description | SEE SCHEDULE O | Description |
| Total Program Service Expense | 11370146 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 30 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DAVID GOODMAN | NamePerson |
| Telephone Number | 6263951610 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 SOUTH ARROYO PARKWAY SUITE 20 | AddressLine1 |
| City | PASADENA | City |
| State | CA | State |
| ZIP Code | 91105 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (14 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| DR EDWARD C STONE | ||||||||
| VICE-CHAIRMAN | 4.0 | X | X | 0 | 0 | 0 | ||
| DR MICHAEL BOLTE | ||||||||
| DIRECTOR | 4.0 | X | ||||||
| DR HENRY YANG | ||||||||
| CHAIRMAN | 4.0 | X | X | |||||
| DR B THOMAS SOIFER | ||||||||
| DIRECTOR | 4.0 | X | ||||||
| DR RICHARD ELLIS | ||||||||
| DIRECTOR | 4.0 | X | ||||||
| NATHAN BROSTROM | ||||||||
| TREASURER | 4.0 | X | X | |||||
| ANN MARTIN | ||||||||
| SECRETARY | 10.0 | X | 40980 | 0 | ||||
| DAVID GOODMAN | ||||||||
| BUSINESS MANAGER | 40.0 | 175711 | 39569 | X | ||||
| DR GARY SANDERS | ||||||||
| PROJECT MANAGER | 40.0 | 236194 | 43369 | X | ||||
| ERIC WILLIAMS | ||||||||
| TELESCOPE OPTICS GROUP LEADER | 40.0 | 208236 | 42336 | X | ||||
| LARRY STEPP | ||||||||
| TELESCOPE DEPARTMENT HEAD | 40.0 | 219957 | 42493 | X | ||||
| MARK SIROTA | ||||||||
| TELESCOPE CONTROL GROUP LEADER | 40.0 | 196325 | 42699 | X | ||||
| BRENT ELLERBROEK | ||||||||
| INSTRUMENTATION DPT HEAD | 40.0 | 181584 | 62436 | X | ||||
| PETER GRAY | ||||||||
| ASSISTANT PROJECT MANAGER | 40.0 | 184936 | 38462 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1443923 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 311364 | TotalOtherCompensation |
| Number Individuals GT100 K | 18 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CALIFORNIA INSTITUTE OF TECHNOLOGY | |||||
| 1200 E CALIFORNIA BOULEVARD | PASADENA | CA | 91125 | SCIENTIFIC SERVICES | 1277168 |
| UNIVERSITY OF CALIFORNIA | |||||
| 1111 FRANKLIN STREET 12TH FLOOR | OAKLAND | CA | 946075200 | SCIENTIFIC SERVICES | 1250018 |
| TRIAD PROJECT MANAGEMENT SERVICES | |||||
| 14325 WILLARD ROAD SUITE 107 | CHANTILLY | VA | 20151 | PROFESSIONAL SERVICE | 750292 |
| M3 ENGINEERING AND TECHNOLOGY CORP | |||||
| 2051 W SUNSET ROAD SUITE 101 | TUCSON | AZ | 85704 | ENGINEERING | 735126 |
| ITT SPACE SYSTEMS DIVISION | |||||
| 1447 ST PAUL STREET PO BOX 60488 | ROCHESTER | NY | 146060488 | ENGINEERING | 376217 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 12 | NumberOfContractorsGT100K |
| All Other Contributions | 15293700 | AllOtherContributions |
| Total Contributions | 15293700 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 855 | TotalRevenueColumn |
| Exclusion | $855 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15294555 | TotalRevenueColumn |
| Exclusion | $855 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15000 | Total |
| Program Services | 15000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 465589 | Total |
| Program Services | 241194 | ProgramServices |
| Management And General | 224395 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4440958 | Total |
| Program Services | 3721855 | ProgramServices |
| Management And General | 719103 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 514759 | Total |
| Program Services | 411750 | ProgramServices |
| Management And General | 103009 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 275135 | Total |
| Program Services | 257757 | ProgramServices |
| Management And General | 17378 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 455998 | Total |
| Program Services | 378666 | ProgramServices |
| Management And General | 77332 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160268 | Total |
| Program Services | 151158 | ProgramServices |
| Management And General | 9110 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 126965 | Total |
| Management And General | 126965 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1462374 | Total |
| Program Services | 1461459 | ProgramServices |
| Management And General | 915 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 292401 | Total |
| Program Services | 83798 | ProgramServices |
| Management And General | 208603 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 152470 | Total |
| Program Services | 152470 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 376020 | Total |
| Program Services | 376020 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 652312 | Total |
| Program Services | 595389 | ProgramServices |
| Management And General | 56923 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100264 | Total |
| Program Services | 91515 | ProgramServices |
| Management And General | 8749 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255757 | Total |
| Program Services | 255757 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78774 | Total |
| Program Services | 78689 | ProgramServices |
| Management And General | 85 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| JPL RELATED EXPENSES | 2298500 | 2298500 | |
| SUBCONTRACTS | 804046 | 760164 | 43882 |
| FEES | 78541 | 36400 | 42141 |
| CALTECH SERVICES | 39215 | 39215 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8668 | Total |
| Program Services | 2605 | ProgramServices |
| Management And General | 6063 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13054014 | Total |
| Program Services | 11370146 | ProgramServices |
| Management And General | 1683868 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10150621 | BOY |
| EOY | 11558452 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37538 | BOY |
| EOY | 118551 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1598780 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 929416 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 899954 | BOY |
| EOY | 669364 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11088199 | BOY |
| EOY | 12346367 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1178321 | BOY |
| EOY | 814682 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1958699 | BOY |
| EOY | 1339965 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3137020 | BOY |
| EOY | 2154647 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7951179 | BOY |
| EOY | 10191720 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7951179 | BOY |
| EOY | 10191720 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11088199 | BOY |
| EOY | 12346367 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 2240541 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9321411 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 21240718 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 12987223 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15000000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15293700 | CurrentTaxYear |
| Total | 73843052 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9321411 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 21240718 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 12987223 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15000000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15293700 | CurrentTaxYear |
| Total | 73843052 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 73843052 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 491608 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 126039 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1579 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1104 | CurrentTaxYearMinus1Year |
| Current Tax Year | 855 | CurrentTaxYear |
| Total | 621185 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 74464237 | TotalSupport |
| Public Support Pertcentage170 | 0.99166 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.98578 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Current Year Minus3 Years | CurrentYearMinus3Years | |
| Land | Land | |
| Buildings | Buildings |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 325898 | OtherCostOrOtherBasis |
| Depreciation | 124928 | Depreciation |
| Book Value | 200970 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1272882 | OtherCostOrOtherBasis |
| Depreciation | 804488 | Depreciation |
| Book Value | 468394 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 669364 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TECHNOLOGY | Description |
| Amount | $1,339,965 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1339965 | TotalOfAmounts |
| Total Revenue | 15294555 | TotalRevenue |
| Total Expenses | 13054014 | TotalExpenses |
| Excess Or Deficit For Year | 2240541 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 2240541 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 15294555 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 15294555 | RevenueSubtotal |
| Total Revenue Per Form990 | 15294555 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 13054014 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 13054014 | ExpensesSubtotal |
| Total Expenses Per Form990 | 13054014 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE D, PART X, LINE 2: | Identifier |
| Explanation | THE FINANCIAL STATEMENTS DID NOT REPORT A FIN 48 LIABILITY. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | North America | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 3 | NumberOfEmployees |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConducted |
| Specific Services Provided | ENGINEERING SERVICES | SpecificServicesProvided |
| Total Expenditures | 409768 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 3 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 3 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 409768 | SubtotalAmountSpent |
| Total Amount Spent | 409768 | TotalAmountSpent |
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE F, PART I, LINE 3, COLUMN (F): | Identifier |
| Explanation | FOREIGN EXPENDITURES ARE TRACKED SEPARATELY IN THE ORGANIZATION'S GENERAL LEDGER. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWAII ISLAND WORKFORCE & ECON DEV OHANA INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1990 KINOOLE ST STE 102 | AddressLine1 |
| City | Hilo | City |
| State | HI | State |
| ZIP Code | 96720 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 201550014 | EINOfRecipient |
| IRC Section | 501(c)(3) | IRCSection |
| Amount Of Cash Grant | 10000 | AmountOfCashGrant |
| Purpose Of Grant | Outreach support | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE I, PART I, LINE 2: | Identifier |
| Explanation | TMT'S OUTREACH AWARDS REQUIRE THAT THE RECEIVING ORGANIZATION SUBMIT A FINAL REPORT OUTLINING THE USE OF THE FUNDS WITHIN 90 DAYS OF SCHEDULED PROGRAM COMPLETION. TMT HAS THE RIGHT TO CANCEL AND TO OBTAIN REIMBURSEMENT OF FUNDS NOT USED IN PURSUIT OF APPROVED PROGRAM OBJECTIVES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|
| DAVID GOODMAN | ||||||||||
| 175346 | 0 | 365 | 27512 | 0 | 12057 | 0 | 215280 | 0 | 0 | 0 |
| DR GARY SANDERS | ||||||||||
| 219694 | 0 | 16500 | 37327 | 0 | 6042 | 0 | 279563 | 0 | 0 | 0 |
| ERIC WILLIAMS | ||||||||||
| 207813 | 0 | 423 | 25562 | 0 | 16774 | 0 | 250572 | 0 | 0 | 0 |
| LARRY STEPP | ||||||||||
| 218845 | 0 | 1112 | 33247 | 0 | 9246 | 0 | 262450 | 0 | 0 | 0 |
| MARK SIROTA | ||||||||||
| 194947 | 0 | 1378 | 24327 | 0 | 18372 | 0 | 239024 | 0 | 0 | 0 |
| BRENT ELLERBROEK | ||||||||||
| 181552 | 0 | 32 | 30280 | 0 | 32156 | 0 | 244020 | 0 | 0 | 0 |
| PETER GRAY | ||||||||||
| 183507 | 0 | 1429 | 27347 | 0 | 11115 | 0 | 223398 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE J, PART I, LINE 1A AND 1B: | Identifier |
| Explanation | In connection with certain payments received in lieu of retirement benefits, an officer of the organization was provided a gross up payment. This amount is included in taxable income. SCHEDULE J, PART I, LINE 3: Henry Yang, the CEO, is not compensated by TMT. While TMT does not have an Executive Director, Gary Sanders, the Project Manager, is in control of the day-to-day operations of the organization. SCHEDULE J, PART II: GARY SANDERS RECEIVED A FORM W-2 FROM THE CALIFORNIA INSTITUTE OF TECHNOLOGY DURING CALENDAR YEAR 2011. TMT OBSERVATORY CORPORATION REIMBURSES CALTECH FOR HIS COMPENSATION AND BENEFITS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PART I, LINE 1 AND PART III, LINEs 1 & 4A: | ORGANIZATION'S MISSION AND PROGRAM SERVICE ACTIVITY | TMT OBSERVATORY CORPORATION (TMT) IS A NONPROFIT PUBLIC BENEFIT CORPORATION FOUNDED BY THE REGENTS OF THE UNIVERSITY OF CALIFORNIA (UC) AND CALIFORNIA INSTITUTE OF TECHNOLOGY (CALTECH), HEREINAFTER COLLECTIVELY "FOUNDING MEMBERS" AND WAS ORIGINALLY INCORPORATED AS THE "CELT DEVELOPMENT CORPORATION" ON OCTOBER 30, 2003. THE FOUNDING MEMBERS ESTABLISHED TMT FOR THE INITIAL PURPOSE OF DEVELOPING THE DESIGN OF A GIANT SEGMENTED MIRROR TELESCOPE, THE THIRTY METER TELESCOPE, WITH THE POTENTIAL OF CONSTRUCTING, COMMISSIONING AND OPERATING AN OBSERVATORY. IN ADDITION TO THE GOALS AND MISSIONS AS DESCRIBED ABOVE, TMT WILL FOSTER SCIENTIFIC INTERACTION BETWEEN EDUCATIONAL AND RESEARCH INSTITUTIONS TO FURTHER COLLEGE AND UNIVERSITY EDUCATIONAL RESEARCH IN ASTRONOMY. |
| FORM 990, PART VI, LINE 2: | BUSINESS RELATIONSHIPS | DIRECTOR, DR. HENRY YANG, IS CHANCELLOR AT THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA. DIRECTOR, DR. MICHAEL BOLTE, AND TREASURER, NATHAN BROSTROM, ARE EMPLOYED BY THE UNIVERSITY OF CALIFORNIA. |
| FORM 990, PART VI, LINES 6 AND 7: | MEMBERS | TMT HAS TWO MEMBERS UNIVERSITY OF CALIFORNIA (UC) AND CALIFORNIA INSTITUTE OF TECHNOLOGY (CALTECH). Governance decisions of the organization including the appointment and number of directors, admission of new members and the terms of such admission are reserved to the members of the organization. |
| FORM 990, PART VI, LINE 11B: | PROCESS USED BY THE ORGANIZATION TO REVIEW FORM 990 | WORKING WITH PRICEWATERHOUSECOOPERS, LLP ("PWC"), THE FORM 990 IS PREPARED. THE FORM 990 IS THEN REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. PRIOR TO FILING WITH THE IRS THE FINAL FORM 990 IS MADE AVAILABLE TO THE FULL BOARD. PWC SIGNS THE RETURN AS PAID PREPARER AND ELECTRONICALLY FILES THE RETURN WITH THE IRS. |
| FORM 990, PART VI, LINE 12C: | CONFLICT OF INTEREST POLICY | ON AN ANNUAL BASIS, TMT OBSERVATORY CORPORATION ("TMT") DISTRIBUTES CONFLICT OF INTEREST LETTERS WHICH THE BOARD MEMBERS AND KEY EMPLOYEES COMPLETE AND RETURN. MANAGEMENT OF TMT REVIEWS THE RETURNED FORMS FOR COMPLIANCE. IF A CONFLICT IS DISCOVERED IT IS ESCALATED TO THE APPROPRIATE PARTY WITHIN THE ORGANIZATION. |
| FORM 990, PART VI, LINE 15: | PROCESS OF DETERMINING COMPENSATION | TMT has an executive compensation committee that annually reviews the compensation of the organizations key employees and highest compensated employees. The committees deliberations are documented. The committee does not review ALL employees' compensation, only key employees and highest compensated employees. |
| FORM 990, PART VI, LINE 19: | AVAILABILITY OF GOVERNING DOCUMENTS AND POLICIES | DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: GARY SANDERS RECEIVED A FORM W-2 FROM THE CALIFORNIA INSTITUTE OF TECHNOLOGY DURING CALENDAR YEAR 2011. TMT OBSERVATORY CORPORATION REIMBURSES CALTECH FOR HIS COMPENSATION AND BENEFITS. |
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