Civic Intelligence

Ccat Observatory Inc.

990 • Fiscal year 2021 • EIN 45-4104640

Jul 01, 2020 to Jun 30, 2021 • Filed on May 05, 2022

122 Sciences Dr Room 508Ithaca, NY 14853

(607) 255-1709

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

6th percentile

0.00x

Higher debt load relative to revenue than 6% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

88th percentile

42%

Faster asset growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

32%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$17,804,312

Up $5,307,525 (+42%) from 2020

Net Assets

Up

$17,799,908

Up $5,305,438 (+42%) from 2020

Liabilities

Up

$4,404

Up $2,087 (+90%) from 2020

Revenue

Up

$5,728,211

Up $1,383,890 (+32%) from 2020

Expenses

Down

$422,773

Down $76,274 (-15%) from 2020

Net Income

Up

$5,305,438

Up $1,460,164 (+38%) from 2020

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2012: $18,927Liabilities 2012: $02012Assets 2013: $568,917Liabilities 2013: $296,500Net Assets 2013: $272,4172013Assets 2014: $1,511,282Liabilities 2014: $443,247Net Assets 2014: $1,068,0352014Assets 2015: $888,068Liabilities 2015: $46,031Net Assets 2015: $842,0372015Assets 2016: $750,762Liabilities 2016: $272,103Net Assets 2016: $478,6592016Assets 2017: $758,866Liabilities 2017: $178,317Net Assets 2017: $580,5492017Assets 2018: $4,693,014Liabilities 2018: $70,475Net Assets 2018: $4,622,5392018Assets 2019: $8,656,481Liabilities 2019: $7,285Net Assets 2019: $8,649,1962019Assets 2020: $12,496,787Liabilities 2020: $2,317Net Assets 2020: $12,494,4702020Assets 2021: $17,804,312Liabilities 2021: $4,404Net Assets 2021: $17,799,9082021Assets 2022: $25,389,189Liabilities 2022: $316,120Net Assets 2022: $25,073,0692022Assets 2023: $32,862,462Liabilities 2023: $98,160Net Assets 2023: $32,764,3022023Assets 2024: $32,585,639Liabilities 2024: $541,357Net Assets 2024: $32,044,2822024

Highlighted filing

2021

Assets$17,804,312
Liabilities$4,404
Net Assets$17,799,908

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $66,190Expenses 2012: $47,263Net Income 2012: $18,9272012Revenue 2013: $527,505Expenses 2013: $274,015Net Income 2013: $253,4902013Revenue 2014: $1,897,425Expenses 2014: $1,101,807Net Income 2014: $795,6182014Revenue 2015: $1,009,200Expenses 2015: $1,235,198Net Income 2015: -$225,9982015Revenue 2016: $470,800Expenses 2016: $834,178Net Income 2016: -$363,3782016Revenue 2017: $535,392Expenses 2017: $433,502Net Income 2017: $101,8902017Revenue 2018: $4,279,918Expenses 2018: $237,928Net Income 2018: $4,041,9902018Revenue 2019: $4,372,461Expenses 2019: $345,804Net Income 2019: $4,026,6572019Revenue 2020: $4,344,321Expenses 2020: $499,047Net Income 2020: $3,845,2742020Revenue 2021: $5,728,211Expenses 2021: $422,773Net Income 2021: $5,305,4382021Revenue 2022: $7,768,720Expenses 2022: $495,559Net Income 2022: $7,273,1612022Revenue 2023: $8,199,247Expenses 2023: $508,014Net Income 2023: $7,691,2332023Revenue 2024: $91,034Expenses 2024: $811,054Net Income 2024: -$720,0202024

Highlighted filing

2021

Revenue$5,728,211
Expenses$422,773
Net Income$5,305,438
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 5, 2022
Return Version
2020v4.2
Gross Receipts
$5,728,211
Mission and Program Overview

Mission

To provide an unprecedented capability for deep, large area multicolor submillimeter surveys through construction and operation of a state-of-the-art astronomical telescope in the andes mountains.

A venture by a group of universities to construct, own and operate an astronomical telescope in the andes mountains. The observatory will enable studies of the early universe, the evolution of galaxies and clusters of galaxies, and the formation of stars in the milky way.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,114,463$8,824,814▲ $1,710,351
Cash and Non-Interest-Bearing Accounts$5,362,936$8,772,522▲ $3,409,586
Accounts Receivable$10,388$155,166▲ $144,778
Prepaid Expenses and Deferred Charges$9,000$51,810▲ $42,810
Total Assets$12,496,787$17,804,312▲ $5,307,525
Liabilities
Accounts Payable and Accrued Expenses$2,317$4,393▲ $2,076
Other Liabilities$0$11▲ $11
Total Liabilities$2,317$4,404▲ $2,087
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,494,470$17,799,908▲ $5,305,438
Total Net Assets Fund Balance$12,494,470$17,799,908▲ $5,305,438
Total Liabilities and Net Assets / Fund Balance$12,496,787$17,804,312▲ $5,307,525

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,824,814-$8,824,814
Compensation and Service Providers

Board Members and Trustees

NameTitle
Martha HaynesChair
Frank BertoldiVice Chair
Donald CampbellDirector
Juergen StutzkiDirector
Michel FichDirector
Norman W MurrayDirector
Peter WittichDirector
James BlairProject Manager
Jill a TarbellSecretary
William SibertTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cpi Vertex Antennentechnik GmbhDesign And Engineering ServicesBAUMSTR 50, Duisburg, Gm$215,422
Revenue and Support

Revenue Composition

Contributions and Grants
$5,592,289
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$135,922
All Other Contributions
$5,592,289
Change in Net Assets
$5,305,438

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,728,211
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,728,211
Total Revenue per Form 990
$5,728,211
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$231,811
Salaries, Compensation, and Employee Benefits$190,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$190,962--$190,962
Insurance-$36,807-$36,807
Fees for Services Other$34,566--$34,566
Fees for Services Accounting-$18,752-$18,752
Office Expenses-$12,218-$12,218
Other Expenses$4,570$345-$4,915
Information Technology$57$2,870-$2,927
Travel$747--$747
Fees for Services Legal-$233-$233
Total Functional Expenses$351,548$71,225$0$422,773

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$422,773
Total Expenses per Audited Statements$422,773
Total Expenses per Form 990$422,773
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
1
Spending
$2,071,290

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program ServicesManagement Fees and Other Expenses for Development of an Astronomical Telescope in the Andes Mountains and Contracts for Design Work and Concession Fees.01$2,060,327
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesTelescope Design Services00$10,963
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$11
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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

The organization's members consist of cornell university, canadian atacama telescope consortium and university of cologne in germany (acting on behalf of itself and on behalf of and as agent for the german consortium). The members have authority to appoint members of the board of directors based upon capital funding percentages.

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

Each member that commits a contribution between 10% and 20% of the capital funding for ccat-prime is eligible to designate one director; each member that commits between 20% and 30% of the capital funding is eligible to designate two directors; each members that commits 30% or more of the capital funding is eligible to designate three directors.

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

Copies of form 990 are distributed to and reviewed by board members prior to filing.

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

The board of directors and officers each receive a copy of the organization's written conflict of interest policy upon their appointment and must return the required acknowledgment to the corporate secretary within three days of appointment. These individuals must recertify annually at the spring board of directors meeting. In addition, the project director, project manager/business manager, and project engineer at cornell university work with the cornell university office of research integrity and assurance to ensure that they comply with cornell university's conflict of interest policies.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ccat Observatory Inc
EIN
45-4104640
Phone
6072551709
Address
122 SCIENCES DR ROOM 508, ITHACA, NY 14853

Signing Officer

Name
William Sibert
Title
Treasurer
Phone
6072551709
Signed
2022-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Sibert
Formed
2011
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
12

Preparer

Firm
Insero & Co Cpas Llp
Address
20 THORNWOOD DRIVE, ITHACA, NY 14850
Preparer
D Leslie Spurgin
Phone
6072724444
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 1

The organization uses the income tax basis as its principal accounting method for financial statement purposes.

Form 990, Page 12, Part XII, Line 2C

The process for audit oversight and accountant selection has not changed from the prior year.

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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0FOREIGN CURRENCY TRANS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0135922
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0135922
IRS990/OtherRevenueTotalAmt0135922
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0190962
IRS990/OtherSalariesAndWagesGrp/TotalAmt0190962
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051810
IRS990/PrincipalOfficerNm0WILLIAM SIBERT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04348837
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0300402
IRS990/PYOtherRevenueAmt0-4516
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03845274
IRS990/PYSalariesCompEmpBnftPaidAmt0198645
IRS990/PYTotalExpensesAmt0499047
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04344321
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05305438
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt092289
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0348837
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt01114605
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt03279918
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt04885649
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SCIENCE FEE FUND REDUCTION - 2016 AMOUNT: $ 135,392. FOREIGN CURRENCY TRANSLATION - 2018 AMOUNT: $ 2,856. 2020 AMOUNT: $ 135,922.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05592289
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04348837
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04369605
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04279918
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0400000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt018990649
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0135922
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02856
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0135392
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0274170
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.73220
IRS990ScheduleA/PublicSupportPY509Pct00.64150
IRS990ScheduleA/PublicSupportTotal509Amt014105000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt092289
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0348837
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01114605
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt03279918
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt04885649
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05592289
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04348837
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04369605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04279918
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0400000
IRS990ScheduleA/Total509Grp/TotalAmt018990649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05728211
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04348837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04372461
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04279918
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0535392
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt019264819
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0422773
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08824814
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08824814
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05728211
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08824814
IRS990ScheduleD/TotalExpensesPerForm990Amt0422773
IRS990ScheduleD/TotalLiabilityAmt011
IRS990ScheduleD/TotalRevenuePerForm990Amt05728211
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05728211
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0422773
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt02060327
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt110963
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0MANAGEMENT FEES AND OTHER EXPENSES FOR DEVELOPMENT OF AN ASTRONOMICAL TELESCOPE IN THE ANDES MOUNTAINS AND CONTRACTS FOR DESIGN WORK AND CONCESSION FEES.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1TELESCOPE DESIGN SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt02071290
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0TOTAL EXPENDITURES IN SOUTH AMERICA = $2,060,327 TOTAL EXPENDITURES IN EUROPE = $10,963 EXPENDITURES ARE CALCULATED USING THE ACCRUAL METHOD OF ACCOUNTING.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt02071290
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MEMBERS CONSIST OF CORNELL UNIVERSITY, CANADIAN ATACAMA TELESCOPE CONSORTIUM AND UNIVERSITY OF COLOGNE IN GERMANY (ACTING ON BEHALF OF ITSELF AND ON BEHALF OF AND AS AGENT FOR THE GERMAN CONSORTIUM). THE MEMBERS HAVE AUTHORITY TO APPOINT MEMBERS OF THE BOARD OF DIRECTORS BASED UPON CAPITAL FUNDING PERCENTAGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER THAT COMMITS A CONTRIBUTION BETWEEN 10% AND 20% OF THE CAPITAL FUNDING FOR CCAT-PRIME IS ELIGIBLE TO DESIGNATE ONE DIRECTOR; EACH MEMBER THAT COMMITS BETWEEN 20% AND 30% OF THE CAPITAL FUNDING IS ELIGIBLE TO DESIGNATE TWO DIRECTORS; EACH MEMBERS THAT COMMITS 30% OR MORE OF THE CAPITAL FUNDING IS ELIGIBLE TO DESIGNATE THREE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF FORM 990 ARE DISTRIBUTED TO AND REVIEWED BY BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS AND OFFICERS EACH RECEIVE A COPY OF THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY UPON THEIR APPOINTMENT AND MUST RETURN THE REQUIRED ACKNOWLEDGMENT TO THE CORPORATE SECRETARY WITHIN THREE DAYS OF APPOINTMENT. THESE INDIVIDUALS MUST RECERTIFY ANNUALLY AT THE SPRING BOARD OF DIRECTORS MEETING. IN ADDITION, THE PROJECT DIRECTOR, PROJECT MANAGER/BUSINESS MANAGER, AND PROJECT ENGINEER AT CORNELL UNIVERSITY WORK WITH THE CORNELL UNIVERSITY OFFICE OF RESEARCH INTEGRITY AND ASSURANCE TO ENSURE THAT THEY COMPLY WITH CORNELL UNIVERSITY'S CONFLICT OF INTEREST POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION USES THE INCOME TAX BASIS AS ITS PRINCIPAL ACCOUNTING METHOD FOR FINANCIAL STATEMENT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS FOR AUDIT OVERSIGHT AND ACCOUNTANT SELECTION HAS NOT CHANGED FROM THE PRIOR YEAR.
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 B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 12, PART XII, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 12, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt012496787
IRS990/TotalAssetsEOYAmt017804312
IRS990/TotalAssetsGrp/BOYAmt012496787
IRS990/TotalAssetsGrp/EOYAmt017804312
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05592289
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071225
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0351548
IRS990/TotalFunctionalExpensesGrp/TotalAmt0422773
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02317

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