TMT OBSERVATORY CORPORATION: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: TMT OBSERVATORY CORPORATION (EIN 20-0988966)
Tax period: 2009-10-01 to 2010-09-30
Filed: 2011-08-08
IRS object ID: 201112209349301326
Schema version: 2009v1.7
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule F
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-08-08T14:24:02-05:00	Timestamp
Tax Period End Date	2010-09-30	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	2009-10-01	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)
Name Control	TMTO	NameControl
Phone	6263951610	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1200 E CALIFORNIA BLVD MAIL CODE 1	AddressLine1
City	PASADENA	City
State	CA	State
ZIP Code	91125	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Dr Edward Stone	Name
Title	Vice Chair	Title
Date Signed	2011-08-08	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	2009	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	1200 E CALIFORNIA BLVD	AddressLine1
City	PASADENA	City
State	CA	State
ZIP Code	91125	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	12988802	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
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	29	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	21240718	ContributionsGrantsPriorYear
Contributions Grants Current Year	12987223	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	126039	InvestmentIncomePriorYear
Investment Income Current Year	1579	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	21366757	TotalRevenuePriorYear
Total Revenue Current Year	12988802	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	59000	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	5384035	SalariesEtcPriorYear
Salaries Etc Current Year	5939779	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	13532594	OtherExpensePriorYear
Other Expenses Current Year	10416037	OtherExpensesCurrentYear
Total Expenses Prior Year	18916629	TotalExpensesPriorYear
Total Expenses Current Year	16414816	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2450128	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-3426014	RevenuesLessExpensesCY
Total Assets BOY	17019461	TotalAssetsBOY
Total Assets EOY	11961829	TotalAssetsEOY
Total Liabilities BOY	4509566	TotalLiabilitiesBOY
Total Liabilities EOY	2877948	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	12509895	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	9083881	NetAssetsOrFundBalancesEOY
Mission Description	SEE SCHEDULE O	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	14815383	Expense
Grants	59000	Grants
Revenue	0	Revenue
Description	SEE SCHEDULE O	Description
Total Program Service Expense	14815383	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
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
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
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	29	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
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	false	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

Form990 Part VII Section A Form990PartVIISectionA (18 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
DR EDWARD C STONE
VICE-CHAIR	4.0	X	0	0	0
DR ANDREW LANGE
DIRECTOR until 1/22/10	4.0	X	0	0	0
DR MICHAEL BOLTE
DIRECTOR	4.0	X	0	0	0
DR STEVEN OLSEN
TREASURER	4.0	X	0	0	0
DR HENRY YANG
CHAIR	4.0	X	0	0	0
DR SHRINIVAS KULKARNI
DIRECTOR	4.0	X	0	0	0
DR B THOMAS SOIFER
DIRECTOR AS OF 1/23/2010	4.0	X	0	0	0
DR RAYMOND CARLBERG
DIRECTOR UNTIL 12/31/09	4.0	X	0	0	0
DR GREGORY FAhLMAN
DIRECTOR UNTIL 12/31/09	4.0	X	0	0	0
DR RENE RACINE
DIRECTOR UNTIL 12/31/09	4.0	X	0	0	0
STACEY SCOVILLE
SECRETARY	4.0		0	0	0	X
DAVID GOODMAN
BUSINESS MANAGER	40.0		176992	0	29399		X
DR GARY SANDERS
PROJECT MANAGER	40.0		230289	0	42513		X
ERIC WILLIAMS
TELESCOPE OPTICS GROUP LEADER	40.0		249203	0	53870			X
LARRY STEPP
TELESCOPE DEPARTMENT HEAD	40.0		214484	0	41242			X
ERIC CHAUVIN
STRUCTURES GROUP LEAD ENGINEER	40.0		198863	0	45580			X
MARK SIROTA
TELESCOPE CONTROL GROUP LEADER	40.0		192177	0	44792			X
PETER GRAY
ASSISTANT PROJECT MANAGER	40.0		180928	0	28377			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1442936	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	285773	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 BLVD	PASADENA	CA	91125	SCIENTIFIC SRVS	3665258
ITT SPACE SYSTEMS DIVISION
1447 ST PAUL STREET PO Box 60488	ROCHESTER	NY	146060488	ENGINEERING	1456775
PB AMERICAS INCORPORATED
1001 BISHOP STREET	HONOLULU	HI	96813	CONSULTING	1066944
HYTEC INCORPORATED
110 E GATE DRIVE	LOS ALAMOS	NM	87544	ENGINEERING	1037889
UNIVERSITY OF CALIFORNIA
111 Franklin St 12th Floor	OAKLAND	CA	946075200	SCIENTIFIC SRVS	927260

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	14	NumberOfContractorsGT100K
Government Grants	987223	GovernmentGrants
All Other Contributions	12000000	AllOtherContributions
Total Contributions	12987223	TotalContributions
Total Program Service Revenue	0	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1579	TotalRevenueColumn
Exclusion	$1,579	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	12988802	TotalRevenueColumn
Exclusion	$1,579	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	59000	Total
Program Services	59000	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	415092	Total
Program Services	235218	ProgramServices
Management And General	179874	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	4378405	Total
Program Services	3815122	ProgramServices
Management And General	563283	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	530416	Total
Program Services	434539	ProgramServices
Management And General	95877	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	352830	Total
Program Services	325673	ProgramServices
Management And General	27157	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	263036	Total
Program Services	218447	ProgramServices
Management And General	44589	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	379978	Total
Program Services	323159	ProgramServices
Management And General	56819	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	159410	Total
Management And General	159410	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	1548767	Total
Program Services	1532048	ProgramServices
Management And General	16719	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	290568	Total
Program Services	77098	ProgramServices
Management And General	213470	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	179458	Total
Program Services	179458	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	196136	Total
Program Services	196136	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	540626	Total
Program Services	431448	ProgramServices
Management And General	109178	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	133164	Total
Program Services	88653	ProgramServices
Management And General	44511	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	135670	Total
Program Services	135670	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	96407	Total
Program Services	96407	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
SUB CONTRACTS	4285655	4275172	10483
JPL RELATED EXPENSES	2137743	2137743
FEES	55497	51697	3800
MOVING EXPENSE	60143	15978	44165
ADVERTISING FOR STAFF	13397		13397

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	203418	Total
Program Services	186717	ProgramServices
Management And General	16701	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	16414816	Total
Program Services	14815383	ProgramServices
Management And General	1599433	ManagementAndGeneral
Fundraising	0	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	13875620	BOY
EOY	11284743	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	2271048	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	165000	BOY
EOY	68695	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1196433	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	588137	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	707675	BOY
EOY	608296	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	118	BOY
EOY	95	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	17019461	BOY
EOY	11961829	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	984809	BOY
EOY	1126562	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	987223	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	2537534	BOY
EOY	1751386	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	4509566	BOY
EOY	2877948	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	12509895	BOY
EOY	9083881	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	12509895	BOY
EOY	9083881	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	17019461	BOY
EOY	11961829	EOY

Field	Value	IRS element (for citing)
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	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

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	7838325	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11919588	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	9321411	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	21240718	CurrentTaxYearMinus1Year
Current Tax Year	12987223	CurrentTaxYear
Total	63307265	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	7838325	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11919588	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	9321411	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	21240718	CurrentTaxYearMinus1Year
Current Tax Year	12987223	CurrentTaxYear
Total	63307265	Total

Field	Value	IRS element (for citing)
Public Support Total170	63307265	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	504552	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	395815	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	491608	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	126039	CurrentTaxYearMinus1Year
Current Tax Year	1579	CurrentTaxYear
Total	1519593	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	513	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	518	Total

Field	Value	IRS element (for citing)
Total Support	64827376	TotalSupport
Public Support Pertcentage170	0.97655	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.97660	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
Land		Land
Buildings		Buildings

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	180257	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	180257	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	1016176	OtherCostOrOtherBasis
Depreciation	588137	Depreciation
Book Value	428039	BookValue

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildings
Total Of Book Value Land Buildings	608296	TotalOfBookValueLandBuildings
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	TECHNOLOGY	Description
Amount	$1,751,386	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	1751386	TotalOfAmounts
Total Revenue	12988802	TotalRevenue
Total Expenses	16414816	TotalExpenses
Excess Or Deficit For Year	-3426014	ExcessOrDeficitForYear
Excess Or Deficit Per FS	-3426014	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	13750961	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	762159	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	762159	RevenueNotRptdF990
Revenue Subtotal	12988802	RevenueSubtotal
Total Revenue Per Form990	12988802	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	17176975	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	762159	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	762159	ExpensesNotRptdF990
Expenses Subtotal	16414816	ExpensesSubtotal
Total Expenses Per Form990	16414816	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	SCHEDULE D, PART X	Identifier
Return Reference	THE FINANCIAL STATEMENTS DID NOT REPORT A FIN 48 LIABILITY.	ReturnReference

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	363268	TotalExpenditures

Field	Value	IRS element (for citing)
Total Number Of Offices	1	TotalNumberOfOffices
Total Number Of Employees	3	TotalNumberOfEmployees
Total Amount Spent	363268	TotalAmountSpent

Form990 Schedule F Part IV Form990ScheduleFPartIV

Field	Value	IRS element (for citing)
Identifier	Schedule F, Part I, Column (f)	Identifier
Return Reference	Foreign expenditures are tracked separately in the organization's	ReturnReference
Explanation	general ledger.	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (3 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
Hawaii Island Economic Development Board
117 Keawe St 107	Hilo	HI	967202811	990227270	501(c)(3)	12000	Outreach support
Friends of the Future
PO Box 2655	Kamulea	HI	96743	990296604	501(c)(3)	7500	Outreach support
University of Hawaii
2530 Dole St	Honolulu	HI	96822	996000354	115	34500	Outreach support

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	2	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	1	TotalNbrOfOtherOrganizations

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
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	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	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
154569	0	0	0	22423	0	26849	0	2550	0	206391	0	0	0
DR GARY SANDERS
195760	0	0	0	34529	0	36264	0	6249	0	272802	0	0	0
ERIC WILLIAMS
196453	0	0	0	52750	0	31953	0	21917	0	303073	0	0	0
LARRY STEPP
196245	0	0	0	18239	0	32445	0	8797	0	255726	0	0	0
ERIC CHAUVIN
178771	0	0	0	20092	0	31331	0	14249	0	244443	0	0	0
MARK SIROTA
177288	0	0	0	14889	0	28162	0	16630	0	236969	0	0	0
PETER GRAY
180928	0	0	0	0	0	23121	0	5256	0	209305	0	0	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation

Field	Value	IRS element (for citing)
Identifier	Organization's Mission	Identifier
Return Reference	Form 990, Part III, Line 1	ReturnReference
Explanation	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 FAMILY OR BUSINESS RELATIONSHIPS DIRECTOR, DR. HENRY YANG, IS CHANCELLOR AT THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA. DIRECTORS, DR. MICHAEL AND DR. STEVEN OLSEN, 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). MEMBERS APPOINT REPRESENTATIVES TO THE BOARD. FORM 990, PART VI, LINE 11A 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 TO DETERMINING COMPENSATION TMT HAS AN EXECUTIVE COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE COMPENSATION OF THE ORGANIZATION'S KEY EMPLOYEES by analyzing comparable data. THE COMMITTEE'S DELIBERATIONS ARE REFLECTED IN ITS MINUTES. FORM 990, PART VI, LINE 19 AVAILABILITY OF GOVERNING DOCUMENTS AND POLICIES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.	Explanation