Swenson Observatory For Astronomy And Research is located in Elgin, TX. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swenson Observatory For Astronomy And Research 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, Swenson Observatory For Astronomy And Research generated $12.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.9%) each year. All expenses for the organization totaled $20.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
REMOTE OBSERVATORY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Swenson Director | 2 | $0 | |
Arthur Sweeney Director | 2 | $0 | |
Nancy Swenson Director | 2 | $0 | |
Truet Roberts Director | 2 | $0 | |
Richard Olenick Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $12,100 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,100 |
| 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 | $1,261 |
| Occupancy, rent, utilities, and maintenance | $4,982 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,740 |
| Total expenses | $19,983 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,535 |
| Other assets | $0 |
| Total assets | $58,620 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,620 |