Astrobotic Foundation is located in Pittsburgh, PA. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Astrobotic Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Astrobotic 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 12/2022, Astrobotic Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.2% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASTROBOTIC FOUNDATION OPERATES MOONSHOT MUSEUM, WITH A MISSION TO INSPIRE A DIVERSE NEW GENERATION TO FIND THEIR PLACE IN THE FUTURE OF HUMAN SPACE EXPLORATION THROUGH EDUCATIONAL AND CHARITABLE INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOONSHOT MUSEUM START-UP OPERATIONS AND FACILITY BUILDOUT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Thornton Board Chair | OfficerTrustee | 10 | $0 |
Jennifer Lopez Vice Chair | OfficerTrustee | 10 | $0 |
Justine Kasznica Secretary | OfficerTrustee | 10 | $0 |
Tom Oberst Director | Trustee | 5 | $0 |
Lashawn Burton-Faulk Treasurer | OfficerTrustee | 5 | $0 |
Justin Aglio Director | Trustee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,271,996 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,271,996 |
| Total Program Service Revenue | $196,092 |
| Investment income | $30 |
| 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 | $1,468,118 |
| 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. | $77,160 |
| Compensation of current officers, directors, key employees. | $35,586 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,278 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,640 |
| Payroll taxes | $13,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,090 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,871 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,683 |
| Insurance | $1,530 |
| All other expenses | $16,104 |
| Total functional expenses | $340,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,434 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $126,410 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,462 |
| Prepaid expenses and deferred charges | $3,904 |
| Net Land, buildings, and equipment | $2,365,024 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,800,234 |
| Accounts payable and accrued expenses | $9,225 |
| 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 | $0 |
| Total liabilities | $9,225 |
| Net assets without donor restrictions | $2,351,009 |
| Net assets with donor restrictions | $440,000 |
| 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 | $2,800,234 |