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Mdm Observatory Consortium Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020513199 ✦ Hanover, NH ✦ Designated as a 501(c)(3)

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Overview

What is Mdm Observatory Consortium Inc?

Mdm Observatory Consortium Inc is a nonprofit organization situated in Hanover, New Hampshire. Its primary focus is to operate an astronomical observatory, providing a platform for academic research and education for faculty, researchers, and students from its member institutions. The consortium's mission is to promote and advance the study of astronomy, astrophysics, and related fields by owning, leasing, operating, and managing appropriate facilities, such as observatories, telescopes, and related equipment.


Official website here: www.mdm.kpno.noirlab.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star Rating.

Mdm Observatory Consortium Inc has received a score of 77%, indicating a solid level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, showcasing the organization's commitment to transparency and responsible management of funds.

One of the strengths noted is the composition of its board, which consists of 100% independent members, scoring full points in this area. The organization also demonstrates responsible financial practices, maintaining a liability-to-assets ratio of 0.00% and a program expense ratio of 100.00%, reflecting that all expenses are directed towards its mission.

While the overall rating is strong, there are no significant limitations highlighted in the data. The organization appears to have robust policies in place, including conflict of interest and whistleblower policies, which further enhances its credibility and accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Mdm Observatory Consortium Inc legitimate?

Mdm Observatory Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mdm Observatory Consortium Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mdm.kpno.noirlab.edu

What is the mission statement of Mdm Observatory Consortium Inc?

The MDM Observatory Consortium Inc's mission is centered around facilitating education and research in the realm of astronomy and astrophysics. This organization strives to promote and advance the understanding of these fields, and manages facilities such as observatories and telescopes to achieve its objectives. The organization's purpose includes acquiring, operating, and dealing with resources appropriate for its mission, which encompasses astronomy, astrophysics, and related disciplines.


Official website here: www.mdm.kpno.noirlab.edu

Who is the CEO of Mdm Observatory Consortium Inc?

Unavailable


Official website here: www.mdm.kpno.noirlab.edu

What is the revenue of Mdm Observatory Consortium Inc?

Mdm Observatory Consortium Inc's revenue in 2023 was $607,336.


Official website here: www.mdm.kpno.noirlab.edu

Who are the executives of Mdm Observatory Consortium Inc and what are their salaries?

There 6 volunteers at Mdm Observatory Consortium Inc.


Here are 6 key members and their salaries:


John Thorstensen (President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jules Halpern (Secretary/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Clowe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krzysztof Stanek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Soule (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mdm.kpno.noirlab.edu

Where can I find the form 990 for Mdm Observatory Consortium Inc?

Mdm Observatory Consortium Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mdm.kpno.noirlab.edu

Learn more at the official website: www.mdm.kpno.noirlab.edu

Mission Statement of Mdm Observatory Consortium Inc

Mdm Observatory Consortium Inc, a nonprofit organization, is dedicated to fostering education and research in the realms of astronomy and astrophysics. Their mission is multi-faceted, encompassing the promotion and advancement of studies in these fields. They strive to own, lease, operate, acquire, purchase, dispose of, transfer, sell, and manage facilities that align with their objectives. These facilities may include observatories, telescopes, and other relevant equipment. Their primary goal is to provide opportunities for individuals to delve into these scientific disciplines, ultimately contributing to the progression of knowledge in astronomy and astrophysics.

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Impact




July, 2024

The Mdm Observatory Consortium Inc's impact lies in the realm of advancing education and research in the fields of astronomy and astrophysics. By owning and operating an astronomical observatory, the Consortium provides valuable opportunities for scientific research and education to its member institutions' faculty, research scientists, and students. Through its mission to promote and advance studies in astronomy and related fields, the Mdm Observatory Consortium Inc plays a crucial role in expanding knowledge and fostering interest in the wonders of our universe.




This information is meant to be a general summary of Mdm Observatory Consortium Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$607,336 (2023)
Expenses
$661,352 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $53,476
  • Program Service Revenue: $553,860
  • Gross Receipts: $607,336

Assets and Liabilities:

  • Total Assets: $1,458,953
  • Total Liabilities: $0
  • Net Assets: $1,458,953

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Memberships

Revenue

$553,860

Organization Details

Founding Year

1998

Main Address

c/o Dartmouth 7 Lebanon St No 302, Hanover, NH, 03755

NTEE Category

Code: B054 - Education

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