Mount Washington Observatory
- Assets
- $10.4m
- Revenue
- $2.6m
- Investments
- $6.3m
- Employees
- 32
- Location
- North Conway, NH
- Founding
- 10/1951
- Data as of
- 03/2024
- EIN
- 02-0225135
Organization Overview
Mount Washington Observatory is located in North Conway, NH. The organization was established in 1951. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. As of 03/2024, Mount Washington Observatory employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Washington Observatory 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, Mount Washington Observatory generated $2.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $2.3m during the year ending 03/2024. While expenses have increased by 1.2% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
SCIENTIFIC RESEARCH FOR GOVERNMENT, EDUCATION AND INDUSTRY.
Describe the Organization's Program Activity:
OBSERVATORY AND RESEARCH:OBSERVATIONS TRACKED AND SUBMITTED TO NWS- OVER THE COURSE OF A YEAR, WE DID 8,760 HOURLY OBSERVATIONS- WE PERFORM TWO DAILY QC CHECKS, A WEEKLY QC, AND A MONTHLY QC- NCON3 COOPERATIVE WEATHER STATION CONTINUED AS A JOINT MWOBS STAFF/VOLUNTEER EFFORT OBSERVING AND REPORTING THE CLIMATE OF NORTH CONWAY.- CONTINUE TO SEND DATA TO NWS HOURLY AND NATIONAL CENTERS FOR ENVIRONMENTAL INFORMATION (NCEI) MONTHLY
SCHOOL PROGRAMS:- OVER 800 BACKPACKS WERE GIVEN AWAY IN THE SPRING OF 2023 FULL OF LEARNING RESOURCES TO 22 AREA MIDDLE SCHOOLS. - 1,200 K-12 STUDENTS JOINED ACROSS 35 VIRTUAL PROGRAMS DELIVERED BY WEATHER OBSERVER/EDUCATION SPECIALISTS.- MORE THAN 1,500 STUDENTS PARTICIPATED IN 139 IN PERSON SCHOOL-DAY PROGRAMS DELIVERED BY MWOBS EDUCATORS, PLUS 36 AFTERSCHOOL PROGRAMS FOR 280 YOUTH.- 12 K-12 TEACHERS PARTICIPATED IN THE ARCTIC WEDNESDAY'S PROFESSIONAL DEVELOPMENT PROGRAM- MORE THAN 450 STUDENTS VISITED OUR SUMMIT WEATHER STATION THROUGH OUR NEW FIELD TRIPS PROGRAM.ADULT AND GENERAL PROGRAMS:- 11 PROGRAMS FEATURING SPEAKERS FROM THE MAUNA LOA OBSERVATORY, STORM CHASER REED TIMMER, OBSERVATORY RESEARCH STAFF AND MORE WITH 1,500 ZOOM ATTENDEES, 3700 YOUTUBE VIEWS.- 24 CLIMBERS AND GUIDES PARTICIPATED IN GUIDE-LED OVERNIGHT CLIMBING TRIPS.- 56 GUESTS PARTICIPATED IN THE OVERNIGHT EDUTRIP PROGRAM IN THE WINTER OF 2023-2024.WEATHER FORECASTS:- PRODUCED 704 48-HOUR FORECASTS FOR THE HIGHER SUMMIT.- APPROXIMATELY 18 SPECIALIZED FORECASTS FOR EVENTS.WEATHERX:- YEAR 4 OF THE NATIONAL SCIENCE FOUNDATION-FUNDED CURRICULUM DEVELOPMENT PROJECT, A NO-COST EXTENSION WAS PROVIDED BY NSF TO CONTINUE WORK ON THE PROJECT.- WORKED WITH PROJECT TEAM ON RESEARCH FINDINGS AND DISSEMINATION, PARTICULARLY ON THE "CHAT WITH A SCIENTIST" COMPONENT OF THE PROJECT AND PRESENTATION AT THE NSF ITEST PI MEETING IN ALEXANDRIA, VA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Broman Chair | OfficerTrustee | 2 | $0 |
Bruce Soper Immediate Past Chair | OfficerTrustee | 2 | $0 |
Ty Gagne Vice Chair | OfficerTrustee | 2 | $0 |
Beth Newhouse Treasurer | OfficerTrustee | 2 | $0 |
Jeannie Oliver Secretary | OfficerTrustee | 2 | $0 |
Lourdes Aviles Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $417,955 |
| Fundraising events | $200,113 |
| Related organizations | $0 |
| Government grants | $493,678 |
| All other contributions, gifts, grants, and similar amounts not included above | $927,216 |
| Noncash contributions included in lines 1a–1f | $76,747 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,038,962 |
| Total Program Service Revenue | $156,945 |
| Investment income | $162,091 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $87,690 |
| Net Gain/Loss on Asset Sales | $11,091 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $147,066 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,603,845 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $224,885 |
| Compensation of current officers, directors, key employees. | $11,639 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $910,945 |
| Pension plan accruals and contributions | $18,206 |
| Other employee benefits | $156,117 |
| Payroll taxes | $102,093 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,058 |
| Fees for services: Accounting | $33,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,433 |
| Advertising and promotion | $3,703 |
| Office expenses | $152,711 |
| Information technology | $36,108 |
| Royalties | $0 |
| Occupancy | $165,681 |
| Travel | $52,867 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,985 |
| Interest | $25,251 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $195,856 |
| Insurance | $38,727 |
| All other expenses | $4,118 |
| Total functional expenses | $2,290,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,273,829 |
| Savings and temporary cash investments | $248,423 |
| Pledges and grants receivable | $421,256 |
| Accounts receivable, net | $38,567 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $93,025 |
| Prepaid expenses and deferred charges | $14,214 |
| Net Land, buildings, and equipment | $1,080,462 |
| Investments—publicly traded securities | $910,539 |
| Investments—other securities | $6,254,169 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,307 |
| Total assets | $10,366,791 |
| Accounts payable and accrued expenses | $164,847 |
| Grants payable | $0 |
| Deferred revenue | $45,232 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $519,044 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,986 |
| Total liabilities | $810,109 |
| Net assets without donor restrictions | $8,167,623 |
| Net assets with donor restrictions | $1,389,059 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,366,791 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northeast Radio Observatory Corporation Cambridge, MA | $43,947 | $2,719,147 |
Mount Washington Observatory North Conway, NH | $10,366,791 | $2,603,845 |
Nantucket Maria Mitchell Assoc Nantucket, MA | $11,737,148 | $1,816,824 |
American Association Of Variable Star Observers Cambridge, MA | $16,088,028 | $691,694 |
Order Of The Eastern Star Of Maine Westbrook, ME | $2,783,283 | $72,514 |
Kainaat Studios Inc Amherst, MA | $3,455 | $0 |
Order Of Eastern Star Of New Hampshire Tilton, NH | $400,495 | $0 |
First Star Tonight Inc Plymouth, NH | $206,764 | $0 |
Aldrich Astronomical Society Incorporated Paxton, MA | $179,405 | $0 |