Civic Intelligence

Lsst Inc.

990 • Fiscal year 2019 • EIN 56-2390650

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 12, 2020

933 N Cherry AveTucson, AZ 85719

(520) 318-8149

Siviq Scores

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

Liabilities / Assets

81st percentile

0.62x

Higher debt load relative to assets than 81% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

3.02x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

13th percentile

-19%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

66th percentile

$162,478

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

68th percentile

9.8%

Faster asset growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

45th percentile

2.1%

Faster revenue growth than 45% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,461,096

Up $485,240 (+9.8%) from 2018

Net Assets

Down

$2,090,713

Down $200,302 (-8.7%) from 2018

Liabilities

Up

$3,370,383

Up $685,542 (+26%) from 2018

Revenue

Up

$1,114,739

Up $23,146 (+2.1%) from 2018

Expenses

Up

$1,325,041

Up $178,612 (+16%) from 2018

Net Income

Down

-$210,302

Down $155,466 (-284%) from 2018

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $55,093,312Liabilities 2010: $219,750Net Assets 2010: $54,873,5622010Assets 2011: $59,833,226Liabilities 2011: $1,194,800Net Assets 2011: $58,638,4262011Assets 2012: $65,066,190Liabilities 2012: $2,573,666Net Assets 2012: $62,492,5242012Assets 2013: $63,748,586Liabilities 2013: $351,064Net Assets 2013: $63,397,5222013Assets 2014: $64,718,984Liabilities 2014: $469,770Net Assets 2014: $64,249,2142014Assets 2015: $2,575,748Liabilities 2015: $370,360Net Assets 2015: $2,205,3882015Assets 2016: $3,359,794Liabilities 2016: $746,848Net Assets 2016: $2,612,9462016Assets 2017: $5,015,468Liabilities 2017: $2,669,617Net Assets 2017: $2,345,8512017Assets 2018: $4,975,856Liabilities 2018: $2,684,841Net Assets 2018: $2,291,0152018Assets 2019: $5,461,096Liabilities 2019: $3,370,383Net Assets 2019: $2,090,7132019Assets 2020: $3,988,342Liabilities 2020: $2,029,072Net Assets 2020: $1,959,2702020Assets 2021: $4,073,108Liabilities 2021: $2,119,032Net Assets 2021: $1,954,0762021Assets 2022: $6,985,056Liabilities 2022: $5,227,357Net Assets 2022: $1,757,6992022Assets 2023: $7,443,525Liabilities 2023: $5,164,480Net Assets 2023: $2,279,0452023

Highlighted filing

2019

Assets$5,461,096
Liabilities$3,370,383
Net Assets$2,090,713

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $80,8642010Revenue 2011: $3,896,745Expenses 2011: $131,881Net Income 2011: $3,764,8642011Revenue 2012: $3,928,080Expenses 2012: $73,982Net Income 2012: $3,854,0982012Expenses 2013: $22,0532013Revenue 2014: $886,361Expenses 2014: $34,669Net Income 2014: $851,6922014Revenue 2015: $874,029Expenses 2015: $518,610Net Income 2015: $355,4192015Revenue 2016: $1,497,379Expenses 2016: $1,089,821Net Income 2016: $407,5582016Revenue 2017: $821,897Expenses 2017: $1,088,992Net Income 2017: -$267,0952017Revenue 2018: $1,091,593Expenses 2018: $1,146,429Net Income 2018: -$54,8362018Revenue 2019: $1,114,739Expenses 2019: $1,325,041Net Income 2019: -$210,3022019Revenue 2020: $1,097,046Expenses 2020: $1,228,489Net Income 2020: -$131,4432020Revenue 2021: $1,051,601Expenses 2021: $1,056,795Net Income 2021: -$5,1942021Revenue 2022: $917,874Expenses 2022: $1,119,252Net Income 2022: -$201,3782022Revenue 2023: $2,964,702Expenses 2023: $2,443,356Net Income 2023: $521,3462023

Highlighted filing

2019

Revenue$1,114,739
Expenses$1,325,041
Net Income-$210,302
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 12, 2020
Return Version
2018v3.2
Gross Receipts
$1,114,739
Mission and Program Overview

Mission

To advance understanding of the dynamic universe by enabling lsst, inc. Science through research and education.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,861,273$5,361,096▲ $499,823
Pledges and Grants Receivable$114,583$100,000▼ $14,583
Total Assets$4,975,856$5,461,096▲ $485,240
Liabilities
Other Liabilities$0$2,836,604▲ $2,836,604
Deferred Revenue$2,573,022--
Accounts Payable and Accrued Expenses$111,819$533,779▲ $421,960
Total Liabilities$2,684,841$3,370,383▲ $685,542
Net Assets / Fund Balance
Unrestricted Net Assets$1,764,164$1,684,464▼ $79,700
Temporarily Rstr Net Assets$526,851$406,249▼ $120,602
Total Net Assets Fund Balance$2,291,015$2,090,713▼ $200,302
Total Liabilities and Net Assets / Fund Balance$4,975,856$5,461,096▲ $485,240
Compensation and Service Providers

Board Members and Trustees

NameTitle
David MacfarlaneChairman
Buell JannuziVice Chairman
Constance RockosiBoard Member
Ezequiel TreisterBoard Member
Henri FergusonBoard Member
Ian ShipseyBoard Member
Josh FriemanBoard Member
Michael StraussBoard Member
Patricia BurchatBoard Member
Suzanne HawleyBoard Member
Tod LauerBoard Member
Vicky KalogeraBoard Member
Adam BoltonBoard Member Until 4/2019
Daniel CalabreseCorporate Secretary
Patricia EliasonExecutive Officer
Larry GladneyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Aerotek Professional ServicesEmployee Agreement3689 COLLECTION CENTER DRIVE, Ithaca, NY 14851$108,483
Revenue and Support

Revenue Composition

Contributions and Grants
$1,042,152
Program Service Revenue
$0
Investment Income
$32,070
Other Revenue
$40,517
All Other Contributions
$117,322
Change in Net Assets
$-210,302

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,114,739
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,484
Total Revenue per Audited Statements
$1,127,223
Total Revenue per Form 990
$1,114,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$575,341
Grants and Similar Amounts Paid$421,070
Salaries, Compensation, and Employee Benefits$328,630
Total Fundraising Expense$261,233
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$136,830$130,066$128,106$395,002
Grants to Domestic Orgs$388,739--$388,739
Current Officers, Directors, Trustees, and Key Employees$76,162$133,262$119,206$328,630
Travel$25,809$38,938$8,570$73,317
Conferences and Meetings$4,500$57,305-$61,805
Foreign Grants$32,331--$32,331
Fees for Services Accounting-$19,125-$19,125
Office Expenses$3,887$5,030$5,351$14,268
Insurance-$9,029-$9,029
Fees for Services Legal-$2,795-$2,795
Total Functional Expenses$668,258$395,550$261,233$1,325,041

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,327,525
Expenses per Audited Statements$1,325,041
Total Expenses per Form 990$1,325,041
Expenses Not Reported on Form 990$2,484
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northwestern UniversityEvanston, IL501(c)(3)Enabling Science$62,850
Fermi Research Alliance LLCBatavia, IL501(c)(3)Enabling Science$38,700
Stanford UniversityPalo Alto, CA501(c)(3)Enabling Science$22,960
University of WashingtonSeattle, WA115Enabling Science$8,775
Columbia UniversityNew York, NY501(c)(3)Enabling Science$8,000

International Summary

Offices
0
Employees
0
Spending
$32,331

International Compliance

Foreign grant records maintained
Yes
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
East Asia and the PacificGrants to Recipients Located in Region---$25,000
South AmericaGrants to Recipients Located in Region---$7,331
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
Usage Fees Payable$2,836,604
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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

Lsst, inc. Members are brookhaven national laboratory, california institute of technology, carnegie mellon university, columbia university, drexel university, fermi national accelerator laboratory, google, inc., institut de physique nucleaire et de physique des particules (in2p3), johns hopkins university, kentucky association for research with lsst (karl), las cumbres observatory global telescope network, inc., lawrence livermore national laboratory, los alamos national laboratory, association of universities in research in astronomy, inc. (aura) - national optical astronomy observatory (noao), northwestern university, pennsylvania state university, princeton university, purdue university, republic of chile, rutgers university, stanford university - kavli institute for particle astrophysics and cosmology, stanford university linear accelerator center (slac), aura - space telescope science institute (stscl), texas a&m university, university of arizona, university of california at davis, university of chicago, university of illinois at urbana-champaign, university of oxford, university of pennsylvania, university of pittsburgh, university of portsmouth, institute of cosmology & gravitation, university of washington, inaf.

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

There are no committees with authority to act on behalf of the governing body.

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

The 990 is reviewed and approved by the board treasurer, director, and provided to the board for review before submission.

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

The conflict of interest policy is monitored and enforced by aura/noao.

Form 990, Part VI, Section B, Line 15

Aura's human resources department performs a comparability data analysis related to the director's compensation using various tools and external resources. The final compensation for the director is reviewed and approved by the board of directors. Aura hr department retains such documentation.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II:

Lsst, inc. Does not have any employees; however, the executive director and board secretary of lsst, inc. Are compensated for their services through the association of universities for research in astronomy (aura). Aura is not a related entity to lsst, inc. However, the executive director and board secretary's compensation, since known, have been listed in part vii.

Filing and Contact Details

Filer

Filer Name
Lsst Inc
EIN
56-2390650
Phone
5203188149
Address
933 N CHERRY AVE, TUCSON, AZ 85719

Signing Officer

Name
Daniel Calabrese
Title
Secretary
Phone
5203188149
Signed
2020-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Eliason
Formed
2003
Legal Domicile
Az
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE SUITE 400E, BETHESDA, MD 20814
Preparer
DANIEL O'SHEA
Phone
3016529100
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To advance understanding of the dynamic universe by enabling lsst science through research and education.

FORM 990, PART III, LINE 4A:

Lsst, inc., headquartered in tucson, arizona, is a not-for-profit 501(c)(3) corporation formed to initiate the lsst project and advance the science of astronomy and physics. Lsst, inc. Is a collaborator in the rubin observatory construction project (previously the lsst project), that is financially supported by the federal funding agencies, nsf and doe, and by private contributions from lsst, inc. Lsst, inc. Represents a consortium of nearly 35 institutional members. During rubin operations the privately-funded lsst corporation (lsst, inc.) will focus on enabling science by helping the community prepare to maximize the science impact of the rubin observatory legacy survey of space and time (lsst). Lsst, inc. Anticipates funding workshops, classes, internships, and more to train and engage future users of lsst to get the most science out of the transformative dataset. Lsst, inc. Will also offer support to the lsst science collaborations, self-assembled groups of scientists from around the world with a common research interest.

Form 990, Part IX, Line 11G

Contracted services: program service expenses 92,011. Management and general expenses 51,644. Fundraising expenses 57,957. Total expenses 201,612. Services provided by aura: program service expenses 44,819. Management and general expenses 78,422. Fundraising expenses 70,149. Total expenses 193,390.

FORM 990, PART XI, LINE 9:

Refund of grant awarded in a prior year 10,000.

FORM 990, PART XII, LINE 2C:

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

Financial Statement Notes

PART X, LINE 2:

Lsst, inc. Has been recognized by the internal revenue service as a 501(c)(3) organization exempt from federal income taxes. Under internal revenue code section 501 (a), lsst, inc follows the income tax standard for uncertain tax positions. Management believes it has no material uncertain tax positions or any related penalties and interest to accrue for the year ended september 30, 2019, and, accordingly, there is no liability for unrecognized tax benefits. Tax years prior to 2016 are no longer subject to examination by the internal revenue service or the applicable state jurisdictions.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Refund of grant awarded in a prior year -10,000.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14135198
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15133595
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER UNTIL 4/2019
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CORPORATE SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0199980
IRS990/GrantAmt0421070
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0388739
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0388739
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01114739
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09029
IRS990/InsuranceGrp/TotalAmt09029
IRS990/InvestmentIncomeGrp/ExclusionAmt032070
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032070
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0724850
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ADVANCE UNDERSTANDING OF THE DYNAMIC UNIVERSE BY ENABLING LSST, INC. SCIENCE THROUGH RESEARCH AND EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt02291015
IRS990/NetAssetsOrFundBalancesEOYAmt02090713
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt05351
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05030
IRS990/OfficeExpensesGrp/ProgramServicesAmt03887
IRS990/OfficeExpensesGrp/TotalAmt014268
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt010000
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt02836604
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt040517
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt040517
IRS990/OtherRevenueTotalAmt040517
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0114583
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0100000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PATRICIA ELIASON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01016625
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0411544
IRS990/PYInvestmentIncomeAmt038598
IRS990/PYOtherExpensesAmt0547246
IRS990/PYOtherRevenueAmt036370
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-54836
IRS990/PYSalariesCompEmpBnftPaidAmt0187639
IRS990/PYTotalExpensesAmt01146429
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01091593
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-210302
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt040517
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04861273
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05361096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01042152
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01016625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0785895
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01486397
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0873000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05204069
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt032070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt038598
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012149
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01029
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt085926
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0109642
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86450
IRS990ScheduleA/PublicSupportPY170Pct00.92920
IRS990ScheduleA/PublicSupportTotal170Amt04573104
IRS990ScheduleA/SubstantialContributorsTotAmt0630965
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01042152
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01016625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0785895
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01486397
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0873000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05204069
IRS990ScheduleA/TotalSupportAmt05289995
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/DonatedServicesAndUseFcltsAmt012484
IRS990ScheduleD/DonatedServicesUseFcltsAmt012484
IRS990ScheduleD/ExpensesNotReportedAmt02484
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01325041
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0-10000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02836604
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0USAGE FEES PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt012484
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01114739
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LSST, INC. HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A 501(C)(3) ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES. UNDER INTERNAL REVENUE CODE SECTION 501 (A), LSST, INC FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS OR ANY RELATED PENALTIES AND INTEREST TO ACCRUE FOR THE YEAR ENDED SEPTEMBER 30, 2019, AND, ACCORDINGLY, THERE IS NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. TAX YEARS PRIOR TO 2016 ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE APPLICABLE STATE JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REFUND OF GRANT AWARDED IN A PRIOR YEAR -10,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01325041
IRS990ScheduleD/TotalLiabilityAmt02836604
IRS990ScheduleD/TotalRevenuePerForm990Amt01114739
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01127223
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01327525
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt07331
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt125000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO RECIPIENTS LOCATED IN REGION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTS TO RECIPIENTS LOCATED IN REGION
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt07331
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt125000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SCIENTIFIC RESEARCH IN CHILE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1SCIENTIFIC RESEARCH FOR DESC SCIENCE ROADMAP IMPLEMENTATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt032331
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0LSST, INC. HAS MADE A STRONG COMMITMENT TO PROVIDING EFFECTIVE GRANT OVERSIGHT AND MONITORING THROUGHOUT THE LIFE OF THE GRANT THAT INCLUDES USE OF FUNDS AND REPORTING REQUIREMENTS. THIS MONITORING ENSURES THAT BEST PRACTICES ARE FOLLOWED AND CONFIRMS THAT THE FUNDS ARE SPENT TO ACCOMPLISH THE INTENDED PURPOSE.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/Total501c3OrgCnt02
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt032331
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt08000
IRS990ScheduleI/RecipientTable/CashGrantAmt162850
IRS990ScheduleI/RecipientTable/CashGrantAmt238700
IRS990ScheduleI/RecipientTable/CashGrantAmt38775
IRS990ScheduleI/RecipientTable/CashGrantAmt422960
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.44$5.16$2.28$2.96$2.44$0.52
2022Detailed filing. Detailed filing data is available for this year.$6.99$5.23$1.76$0.92$1.12$0.20
2021Detailed filing. Detailed filing data is available for this year.$4.07$2.12$1.95$1.05$1.06$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.99$2.03$1.96$1.10$1.23$0.13
2019Detailed filing. Detailed filing data is available for this year.$5.46$3.37$2.09$1.11$1.33$0.21
2018Detailed filing. Detailed filing data is available for this year.$4.98$2.68$2.29$1.09$1.15$0.05
2017Detailed filing. Detailed filing data is available for this year.$5.02$2.67$2.35$0.82$1.09$0.27
2016Detailed filing. Detailed filing data is available for this year.$3.36$0.75$2.61$1.50$1.09$0.41
2015Detailed filing. Detailed filing data is available for this year.$2.58$0.37$2.21$0.87$0.52$0.36
2014Detailed filing. Detailed filing data is available for this year.$64.7$0.47$64.2$0.89$0.03$0.85
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.7$0.35$63.4$0.02
2012Summary only. Only limited summary data is available for this year.$65.1$2.57$62.5$3.93$0.07$3.85
2011Summary only. Only limited summary data is available for this year.$59.8$1.19$58.6$3.90$0.13$3.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.1$0.22$54.9$0.08