Civic Intelligence

MDM Observatory Consortium Inc.

990 • Fiscal year 2017 • EIN 02-0513199

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 08, 2017

Refreshing map…

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

(603) 646-3011

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

17th percentile

-13%

Higher net margin than 17% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

25th percentile

-3.2%

Faster asset growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

1.0%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,891,226

Down $62,202 (-3.2%) from 2016

Net Assets

Down

$1,891,226

Down $62,202 (-3.2%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$466,645

Up $4,696 (+1.0%) from 2016

Expenses

Down

$528,847

Down $34,365 (-6.1%) from 2016

Net Income

Up

-$62,202

Up $39,061 (+39%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $2,441,696Liabilities 2011: $0Net Assets 2011: $2,441,6962011Assets 2012: $2,340,204Liabilities 2012: $0Net Assets 2012: $2,340,2042012Assets 2013: $2,211,223Liabilities 2013: $0Net Assets 2013: $2,211,2232013Assets 2014: $2,116,229Liabilities 2014: $0Net Assets 2014: $2,116,2292014Assets 2015: $2,054,691Liabilities 2015: $0Net Assets 2015: $2,054,6912015Assets 2016: $1,953,428Liabilities 2016: $0Net Assets 2016: $1,953,4282016Assets 2017: $1,891,226Liabilities 2017: $0Net Assets 2017: $1,891,2262017Assets 2018: $1,733,967Liabilities 2018: $0Net Assets 2018: $1,733,9672018Assets 2019: $1,675,428Liabilities 2019: $0Net Assets 2019: $1,675,4282019Assets 2020: $1,572,903Liabilities 2020: $0Net Assets 2020: $1,572,9032020Assets 2021: $1,559,733Liabilities 2021: $0Net Assets 2021: $1,559,7332021Assets 2022: $1,512,968Liabilities 2022: $0Net Assets 2022: $1,512,9682022Assets 2023: $1,458,953Liabilities 2023: $0Net Assets 2023: $1,458,9532023Assets 2024: $1,586,136Liabilities 2024: $0Net Assets 2024: $1,586,1362024Assets 2025: $1,697,884Liabilities 2025: $0Net Assets 2025: $1,697,8842025

Highlighted filing

2017

Assets$1,891,226
Liabilities$0
Net Assets$1,891,226

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $509,6222011Expenses 2012: $585,7542012Revenue 2013: $457,166Expenses 2013: $586,147Net Income 2013: -$128,9812013Revenue 2014: $468,775Expenses 2014: $563,769Net Income 2014: -$94,9942014Revenue 2015: $468,632Expenses 2015: $530,170Net Income 2015: -$61,5382015Revenue 2016: $461,949Expenses 2016: $563,212Net Income 2016: -$101,2632016Revenue 2017: $466,645Expenses 2017: $528,847Net Income 2017: -$62,2022017Revenue 2018: $485,089Expenses 2018: $642,348Net Income 2018: -$157,2592018Revenue 2019: $503,037Expenses 2019: $561,577Net Income 2019: -$58,5402019Revenue 2020: $504,159Expenses 2020: $606,684Net Income 2020: -$102,5252020Revenue 2021: $505,738Expenses 2021: $518,908Net Income 2021: -$13,1702021Revenue 2022: $518,051Expenses 2022: $564,816Net Income 2022: -$46,7652022Revenue 2023: $607,336Expenses 2023: $661,352Net Income 2023: -$54,0162023Revenue 2024: $669,357Expenses 2024: $542,174Net Income 2024: $127,1832024Revenue 2025: $577,696Expenses 2025: $465,947Net Income 2025: $111,7492025

Highlighted filing

2017

Revenue$466,645
Expenses$528,847
Net Income-$62,202
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$466,645
Mission and Program Overview

Mission

MDM Observatory Consortium Inc.'s mission is to provide opportunities for education and research in the fields of astronomy and astrophysics; to promote and advance the studies of astronomy, astrophysics, and related fields; to own, lease, operate, acquire, purchase, dispose of, transfer, sell and otherwise deal with facilities appropriate to the foregoing purposes including without limitation, observatories, telescopes, and other items.

To provide opportunities for education and research in the fields of astronomy and astrophysics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,301,960$1,171,464▼ $130,496
Accounts Receivable$646,468$714,762▲ $68,294
Cash and Non-Interest-Bearing Accounts$5,000$5,000→ $0
Total Assets$1,953,428$1,891,226▼ $62,202
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,953,428$1,891,226▼ $62,202
Total Net Assets Fund Balance$1,953,428$1,891,226▼ $62,202
Total Liabilities and Net Assets / Fund Balance$1,953,428$1,891,226▼ $62,202

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$896,725$2,458,064$3,354,789
Buildings$274,739$768,524$1,043,263
Compensation and Service Providers

Board Members and Trustees

NameTitle
John ThorstensenPresident
Chris MillerTrustee
Krzysztof StanekTrustee
Ryan ChornockTrustee
Jules HalpernSecretary
Kate SouleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
University of MichiganPersonnel ServicesWest Hall 1085 S University, Ann Arbor, MI 48109-1107$200,719
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$462,880
Investment Income
$3,765
Other Revenue
$0
Change in Net Assets
$-62,202
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$528,847
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$247,301--$247,301
Depreciation Depletion$195,996--$195,996
Occupancy$37,469--$37,469
Insurance$24,868--$24,868
Office Expenses$15,602--$15,602
Other Expenses$6,346--$6,346
Travel$601$336-$937
Information Technology$328--$328
Total Functional Expenses$528,511$336$0$528,847
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Membership of the Corporation is made up of the following: Dartmouth College (25%), Ohio State University (25%), Columbia University (25%), University of Michigan (17%) and Ohio University (8%).

Form 990, Part VI, Section A, line 7A

At the annual meeting, each member appoints one person as a trustee of the corporation. The trustee is a faculty member of the member University, appointed by a Provost, Dean, or Vice President of the member University.

Form 990, Part VI, Section A, line 8B

The Organization did not form any committees with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, line 11B

Form 990 is prepared by personnel in the Controller's Office of Dartmouth College, one of the Corporation's member institutions. Prior to the return being filed, a draft of the completed Form 990 is sent to the Treasurer of the Corporation. The Treasurer of the Corporation meets with the Controller's Office personnel to review the draft 990, the process by which it was prepared and to discuss items of significance, and resolve any questions. Prior to filing, the 990 is sent to the full board.

Form 990, Part VI, Section B, line 12C

Potential conflicts of interest are discussed by officers and directors prior to engaging in transactions for significant purchases of equipment or services. In addition, a report of any family or business relationships is required of officers and directors annually. The Treasurer of the Corporation reviews all reports.

Form 990, Part VI, Section C, line 19

Governing documents and conflict of interest policy are available upon request from the Treasurer of the Corporation.

Filing and Contact Details

Filer

Filer Name
MDM Observatory Inc
EIN
02-0513199
Phone
6036463011
Address
c/o Dartmouth 7 Lebanon St No 302, Hanover, NH 03755

Signing Officer

Name
Kate R Soule
Title
Treasurer
Phone
6036462803
Signed
2017-11-08

Organization Details

Principal Officer
John Thorstensen
Formed
1998
Legal Domicile
Nh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Personnel Services: Program service expenses 200,719. Management and general expenses 0. Fundraising expenses 0. Total expenses 200,719. Technical Support: Program service expenses 46,582. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,582.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Membership of the Corporation is made up of the following: Dartmouth College (25%), Ohio State University (25%), Columbia University (25%), University of Michigan (17%) and Ohio University (8%).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At the annual meeting, each member appoints one person as a trustee of the corporation. The trustee is a faculty member of the member University, appointed by a Provost, Dean, or Vice President of the member University.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization did not form any committees with the authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 is prepared by personnel in the Controller's Office of Dartmouth College, one of the Corporation's member institutions. Prior to the return being filed, a draft of the completed Form 990 is sent to the Treasurer of the Corporation. The Treasurer of the Corporation meets with the Controller's Office personnel to review the draft 990, the process by which it was prepared and to discuss items of significance, and resolve any questions. Prior to filing, the 990 is sent to the full board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Potential conflicts of interest are discussed by officers and directors prior to engaging in transactions for significant purchases of equipment or services. In addition, a report of any family or business relationships is required of officers and directors annually. The Treasurer of the Corporation reviews all reports.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents and conflict of interest policy are available upon request from the Treasurer of the Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Personnel Services: Program service expenses 200,719. Management and general expenses 0. Fundraising expenses 0. Total expenses 200,719. Technical Support: Program service expenses 46,582. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,582.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01953428
IRS990/TotalAssetsEOYAmt01891226
IRS990/TotalAssetsGrp/BOYAmt01953428
IRS990/TotalAssetsGrp/EOYAmt01891226
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0336
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0528511
IRS990/TotalFunctionalExpensesGrp/TotalAmt0528847
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01953428
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01891226
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0528511
IRS990/TotalProgramServiceRevenueAmt0462880
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03765
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0462880
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0466645
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01953428
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01891226
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0336
IRS990/TravelGrp/ProgramServicesAmt0601
IRS990/TravelGrp/TotalAmt0937
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01953428
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01891226
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0Wilder Hall Room 239
IRS990/USAddress/CityNm0Hanover
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003755
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0http://mdm.kpno.noao.edu
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kate R Soule
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06036462803
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MDM Observatory Inc
ReturnHeader/Filer/BusinessNameControlTxt0MDMO
ReturnHeader/Filer/EIN0020513199
ReturnHeader/Filer/PhoneNum06036463011
ReturnHeader/Filer/USAddress/AddressLine1Txt0c/o Dartmouth 7 Lebanon St No 302
ReturnHeader/Filer/USAddress/CityNm0Hanover
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003755
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DC9C4D60B8985C508B74D94984FC3D6906E64675
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DC9C4D60B8985C508B74D94984FC3D6906E64675
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0129.170.250.216
ReturnHeader/FilingSecurityInformation/IPDt02017-11-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:35:57
ReturnHeader/ReturnTs02017-11-13T10:26:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.00$1.70$0.58$0.47$0.11
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$0.67$0.54$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.61$0.66$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$0.52$0.56$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.51$0.52$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.50$0.61$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$0.50$0.56$0.06
2018Summary only. Only limited summary data is available for this year.$1.73$0.00$1.73$0.49$0.64$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.47$0.53$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.46$0.56$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.47$0.53$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.47$0.56$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.00$2.21$0.46$0.59$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.00$2.34$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.00$2.44$0.51
Peer Organizations

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