Open Lunar Foundation
- Assets
- $1.2m
- Revenue
- $53.8k
- Investments
- $600.0k
- Employees
- 4
- Location
- Walnut, CA
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 82-4265651
Organization Overview
Open Lunar Foundation is located in Walnut, CA. The organization was established in 2019. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Open Lunar Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Lunar Foundation 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 12/2021, Open Lunar Foundation generated $53.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (59.6%) each year. All expenses for the organization totaled $606.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION ENGAGES IN PROGRAMS AND ACTIVITIES TO CREATE A PEACEFUL, SELF-SUSTAINING PRESENCE ON THE MOON, WITH THE GOALS OF PRESERVING EARTH'S SPECIES AND KNOWLEDGE, AND THE POSITIVE EVOLUTION OF HUMAN CIVILIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREAKING GROUND TRUST THE BREAKING GROUND TRUST WAS ESTABLISHED BY OPEN LUNAR TO DEMONSTRATE PRECEDENT SETTING ACTIVITIES IN LUNAR POLICY. THIS IS A "PERPETUAL PURPOSE TRUST" WHICH IS LEGALLY BOUND TO FOCUS ON ITS MISSION IN PERPETUITY. THE PURPOSE IS TO STEWARD AND DEMONSTRATE NEW WAYS OF MANAGING LUNAR RESOURCES FOR THE BENEFIT OF ALL. THE WORK OF THE TRUST IS LUNAR SUSTAINABILITY, INCLUSIVITY AND MULTILATERALISM. (1FTE)
POLICY LEADING EXPERT GROUPS CREATED LUNAR POLICY SOLUTIONS BASED ON EVIDENCE AND LESSONS FROM EARTH. AN EXAMPLE IS THE MOON DIALOGS IS A PARTNERSHIP CONVENING LUNAR ACTORS ON TOPICS OF GOVERNANCE AND COORDINATION MECHANISMS FOR THE LUNAR SURFACE. THE DIALOGS INVITE INDUSTRY, GOVERNMENT AND ACADEMIA TO THE TABLE ON EQUAL FOOTING, WITH AN EMPHASIS ON PRACTICAL TOOLS, OPERATING MODELS, AND RIGHTS FRAMEWORKS FOR THE NEXT 10 YEARS. (2FTE)
TECHNOLOGY WE CONTINUED TO BUILD UPON OUR WORK IN THE LUNAR SPACECRAFT AND TECHNOLOGY DOMAIN AFTER THE RELEASE OF OUR OPEN SOURCE ARCHITECTURE FOR SMALL LUNAR MISSIONS PUBLISHED IN 2020. WE HAVE CONDUCTED ANALYSES INTO THE NEXT MAJOR PIECES OF TECH WHICH COULD UNLOCK WIDESPREAD STANDARDIZATION, COST REDUCTION, OR COLLABORATION AMONG ALL LUNAR ACTORS. (1FTE)
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessie Kate Schingler Secretary/tr | OfficerTrustee | 40 | $135,000 |
Chelsea Robinson President | OfficerTrustee | 40 | $135,000 |
Chris Hadfield Director | Trustee | 1 | $0 |
Tanja Mason Zwaan Director | Trustee | 1 | $0 |
Linda T Elkins-Tanton Director | Trustee | 1 | $0 |
Will Marshall Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,371 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,371 |
| Total Program Service Revenue | $25,000 |
| Investment income | $476 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,847 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,020 |
| Grants and other assistance to domestic individuals. | $4,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $270,000 |
| Compensation of current officers, directors, key employees. | $47,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,245 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,199 |
| Payroll taxes | $29,049 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,343 |
| Fees for services: Accounting | $29,763 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,528 |
| Advertising and promotion | $0 |
| Office expenses | $2,484 |
| Information technology | $25,795 |
| Royalties | $0 |
| Occupancy | $6,837 |
| Travel | $16 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,052 |
| Interest | $662 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,344 |
| All other expenses | $0 |
| Total functional expenses | $606,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,951 |
| Savings and temporary cash investments | $349,480 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $147,982 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $600,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,217,413 |
| Accounts payable and accrued expenses | $11,312 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,321 |
| Total liabilities | $23,633 |
| Net assets without donor restrictions | $1,188,361 |
| Net assets with donor restrictions | $5,419 |
| 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 | $1,217,413 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gmto Corporation Pasadena, CA | $305,649,164 | $8,771,769 |
California Association For Research In Astronomy Kamuela, HI | $81,069,087 | $25,670,237 |
Seti Institute Mountain View, CA | $26,724,400 | $28,045,270 |
Large Binocular Telescope Corporation Tucson, AZ | $104,607,014 | $11,909,094 |
Lowell Observatory Flagstaff, AZ | $78,377,713 | $22,823,113 |
Planetary Science Institute Tucson, AZ | $5,275,095 | $17,303,405 |
Tmt International Observatory Llc Pasadena, CA | $169,747,389 | $25,562,706 |
Canada France Hawaii Telescope Corporation Kamuela, HI | $15,098,361 | $9,205,566 |
Wiyn Consortium Inc Tucson, AZ | $27,019,162 | $3,689,249 |
Soar Consortium Inc Tucson, AZ | $23,700,628 | $2,948,166 |
B612 Foundation Mill Valley, CA | $5,510,258 | $2,167,756 |
Astronomical Society Of The Pacific San Francisco, CA | $5,482,594 | $2,444,548 |