International Lunar Observatory Association
- Assets
- $6.5m
- Revenue
- $896.7k
- Investments
- $6.1m
- Employees
- 0
- Location
- Kamuela, HI
- Founding
- 04/2009
- Data as of
- 12/2023
- EIN
- 68-0659724
Organization Overview
International Lunar Observatory Association is located in Kamuela, HI. The organization was established in 2009. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Lunar Observatory Association 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 12/2023, International Lunar Observatory Association generated $896.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $416.6k during the year ending 12/2023. While expenses have increased by 7.2% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ILOA IS TO EXPAND HUMAN UNDERSTANDING OF THE COSMOS THROUGH OBSERVATION FROM THE MOON.IN 2023, ILOA WAS INVOLVED IN THE FOLLOWING ACTIVITIES: - ILO-X SUCCESSFULLY LANDED NEAR THE SOUTH POLE OF THE MOON, ON THE FIRST USA MISSION TO LAND ON THE MOON IN OVER 50 YEARS. - ILOA CONDUCTED A SERIES OF TWO INTERNATIONAL GALAXY FORUM EVENTS FOR TEACHERS, STUDENTS, AND THE GENERAL PUBLIC. FORUMS WERE HELD IN THE FOLLOWING LOCATIONS: - KANSAS, USA (AUGUST 16, 2023) - HAWAII, USA (NOVEMBER 15, 2023)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Carswell Director | 3 | $14,400 | |
Boonrucksar Soonthornthum Director | 0.2 | $0 | |
Chatief Kunjaya Director | 0.1 | $0 | |
Christian Sallaberger Director | 1.25 | $0 | |
Christian Veillet Director | 0.1 | $0 | |
David Schrunk Director | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $896,585 |
| Interest on Savings | $121 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $896,706 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $99,460 |
| Other employee salaries and wages | $3,926 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,338 |
| Depreciation | $0 |
| Occupancy | $17,286 |
| Travel, conferences, and meetings | $39,119 |
| Printing and publications | $212 |
| Other expenses | $5,496 |
| Total operating and administrative expenses | $416,608 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $416,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368,326 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,122,511 |
| Net Land, buildings, and equipment | $5,144 |
| Other assets | $0 |
| Total assets | $6,495,981 |
| Accounts payable and accrued expenses | $105,852 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $105,852 |