Gunnison Valley Observatory Inc
- Assets
- $80.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gunnison, CO
- Founding
- 09/2002
- Data as of
- 03/2024
- EIN
- 01-0631470
Organization Overview
Gunnison Valley Observatory Inc is located in Gunnison, CO. The organization was established in 2002. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gunnison Valley Observatory Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2024, Gunnison Valley Observatory Inc generated $19.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $9.6k during the year ending 03/2024. While expenses have increased by 0.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATION IN ASTRONOMY VIA TELESCOPE TIME-RENTAL AND WEEKLY VIEWING OPEN TO THE GENERAL PUBLIC (DONATION ONLY). AS THIS IS THE SECOND-LARGEST TELESCOPE LOCATED IN THE STATE, IT HAS BEEN WELL RECEIVED BY BOTH LOCAL RESIDENTS AND TOURIST VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kit Flores-Madison President | 1 | $0 | |
Michael Brooks Treasurer | 7 | $0 | |
Richard Stonecypher Board Member | 1 | $0 | |
Suzanne Taylor Vice President | 1 | $0 | |
Derek Brooks Board Member | 3 | $0 | |
Robert Brown Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,145 |
| Total Program Service Revenue | $8,305 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1 |
| Total Revenue | $19,732 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,621 |
| Total expenses | $9,621 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,941 |
| Other assets | $0 |
| Total assets | $80,043 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,043 |