Civic Intelligence

Friends of the Observatory

EIN 95-3374645 • 501(c)3 • Los Angeles, CA

View Organization Page

Profile

Foto's commitment is in helping the griffith observatory remain a vital community centerpiece of learning, exploration and inspiration and to continue to bring astronomy to life for millions of visitors.

Refreshing map…

2800 East Observatory RoadLos Angeles, CA 90027

www.friendsoftheobservatory.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.04x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.06x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-46%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$137,147

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

9th percentile

-23%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-49%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$3,508,059

Up $1,228,435 (+54%) from 2022

Liabilities

Up

$59,519

Up $5,600 (+10%) from 2022

Net Assets

Up

$3,448,540

Up $1,222,835 (+55%) from 2022

Operations
Liabilities / Revenue48th percentileNet Margin7th percentile

Revenue

Up

$3,665,677

Up $1,936,582 (+112%) from 2022

Expenses

Up

$2,442,842

Up $794,389 (+48%) from 2022

Net Income

Up

$1,222,835

Up $1,142,193 (+1416%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $923,712Liabilities 2011: $23,103Net Assets 2011: $900,6092011Assets 2012: $1,011,140Liabilities 2012: $38,601Net Assets 2012: $972,5392012Assets 2013: $879,877Liabilities 2013: $27,402Net Assets 2013: $852,4752013Assets 2014: $3,126,087Liabilities 2014: $28,994Net Assets 2014: $3,097,0932014Assets 2015: $1,585,868Liabilities 2015: $19,878Net Assets 2015: $1,565,9902015Assets 2016: $1,306,836Liabilities 2016: $28,158Net Assets 2016: $1,278,6782016Assets 2017: $1,127,942Liabilities 2017: $38,771Net Assets 2017: $1,089,1712017Assets 2018: $1,451,085Liabilities 2018: $560,467Net Assets 2018: $890,6182018Assets 2019: $2,253,399Liabilities 2019: $245,047Net Assets 2019: $2,008,3522019Assets 2020: $1,634,635Liabilities 2020: $458,429Net Assets 2020: $1,176,2062020Assets 2021: $2,601,941Liabilities 2021: $456,878Net Assets 2021: $2,145,0632021Assets 2022: $2,279,624Liabilities 2022: $53,919Net Assets 2022: $2,225,7052022Assets 2023: $3,508,059Liabilities 2023: $59,519Net Assets 2023: $3,448,5402023

Highlighted filing

2023

Assets$3,508,059
Liabilities$59,519
Net Assets$3,448,540
Open 2023 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $892,0482011Revenue 2012: $1,301,594Expenses 2012: $1,229,664Net Income 2012: $71,9302012Revenue 2013: $736,456Expenses 2013: $856,520Net Income 2013: -$120,0642013Revenue 2014: $3,286,023Expenses 2014: $1,041,405Net Income 2014: $2,244,6182014Revenue 2015: $1,313,348Expenses 2015: $2,844,451Net Income 2015: -$1,531,1032015Revenue 2016: $810,268Expenses 2016: $1,097,580Net Income 2016: -$287,3122016Revenue 2017: $1,267,733Expenses 2017: $1,565,240Net Income 2017: -$297,5072017Revenue 2018: $2,538,513Expenses 2018: $2,737,066Net Income 2018: -$198,5532018Revenue 2019: $4,646,756Expenses 2019: $3,529,022Net Income 2019: $1,117,7342019Revenue 2020: $993,493Expenses 2020: $1,825,639Net Income 2020: -$832,1462020Revenue 2021: $2,113,210Expenses 2021: $1,144,353Net Income 2021: $968,8572021Revenue 2022: $1,729,095Expenses 2022: $1,648,453Net Income 2022: $80,6422022Revenue 2023: $3,665,677Expenses 2023: $2,442,842Net Income 2023: $1,222,8352023

Highlighted filing

2023

Revenue$3,665,677
Expenses$2,442,842
Net Income$1,222,835
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$3,508,059
Liabilities
$59,519
Net assets
$3,448,540
Revenue
$3,665,677
Expenses
$2,442,842
Net income
$1,222,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.51$0.06$3.45$3.67$2.44$1.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.05$2.23$1.73$1.65$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.46$2.15$2.11$1.14$0.97
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.46$1.18$0.99$1.83$0.83
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.25$2.01$4.65$3.53$1.12
2018Summary only. Only limited summary data is available for this year.$1.45$0.56$0.89$2.54$2.74$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.04$1.09$1.27$1.57$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.03$1.28$0.81$1.10$0.29
2015Summary only. Only limited summary data is available for this year.$1.59$0.02$1.57$1.31$2.84$1.53
2014Detailed filing. Detailed filing data is available for this year.$3.13$0.03$3.10$3.29$1.04$2.24
2013Detailed filing. Detailed filing data is available for this year.$0.88$0.03$0.85$0.74$0.86$0.12
2012Summary only. Only limited summary data is available for this year.$1.01$0.04$0.97$1.30$1.23$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.02$0.90$0.89
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 24, 2023
Return Version
2022v5.0
Gross Receipts
$1,729,095
Mission and Program Overview

Mission

Foto's commitment is in helping the griffith observatory remain a vital community centerpiece of learning, exploration and inspiration and to continue to bring astronomy to life for millions of visitors.

Griffith observatory foundation is a public benefit organization created to support & promote the griffith observatory.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$903,341$1,730,801▲ $827,460
Cash and Non-Interest-Bearing Accounts$1,453,876$416,742▼ $1,037,134
Land, Buildings, and Equipment, Net$206,087$62,406▼ $143,681
Pledges and Grants Receivable$29,222$59,433▲ $30,211
Prepaid Expenses and Deferred Charges$9,415$10,242▲ $827
Total Assets$2,601,941$2,279,624▼ $322,317
Liabilities
Other Liabilities$340,442$0▼ $340,442
Accounts Payable and Accrued Expenses$116,436$53,919▼ $62,517
Total Liabilities$456,878$53,919▼ $402,959
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,659,229$1,830,713▲ $171,484
Net Assets With Donor Restrictions$485,834$394,992▼ $90,842
Total Net Assets Fund Balance$2,145,063$2,225,705▲ $80,642
Total Liabilities and Net Assets / Fund Balance$2,601,941$2,279,624▼ $322,317

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62,406$710,921$773,327
Other Land Buildings$0$5,251$5,251
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ann Marie BedtkeExecutive DirectorFT$155,000$26,479$181,479
Benjamin RoudenisTechnology Systems AdministratorFT$115,000$9,290$124,290

Board Members and Trustees

NameTitle
David PrimesChair of the Board
Grady SmithPresident
Dr Eve HaberfieldVice President
Andre BormanisBoard Member
Charles WilmotBoard Member
Christina Del VillarBoard Member
Dr Alan KayeBoard Member
Ethan EllerBoard Member
Lowell OrrenBoard Member
Mckinley TennysonBoard Member
Rich SemlerBoard Member
Terri BloomgardenBoard Member
Vicke SelkBoard Member
Tricia NelsonSecretary (as of 5/2022)
Patricia CasadoSecretary (thru 5/2022)
Danish KhanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,499,568
Program Service Revenue
$227,067
Investment Income
$2,460
Other Revenue
$0
All Other Contributions
$960,166
Change in Net Assets
$80,642

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,729,095
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,729,095
Total Revenue per Form 990
$1,729,095
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$962,802
Salaries, Compensation, and Employee Benefits$685,651
Total Fundraising Expense$151,522
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$325,590$28,809$46,438$400,837
Current Officers, Directors, Trustees, and Key Employees$60,493$60,493$60,494$181,480
Depreciation Depletion$84,707$60,939-$145,646
Fees for Services Other$5,818$88,341$945$95,104
Fees for Services Accounting-$63,550-$63,550
Payroll Taxes$36,952$8,263$9,967$55,182
Other Employee Benefits$30,954$4,953$6,498$42,405
Office Expenses$10,397$9,440$5,589$25,426
Insurance$8,679$1,529$3,733$13,941
All Other Expenses$745$6,938$1,768$9,451
Other Expenses$6,936$3,398$6,040$6,936
Pension Plan Contributions$5,152$149$446$5,747
Travel$76$556$2,374$3,006
Total Functional Expenses$1,159,573$337,358$151,522$1,648,453

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,648,453
Total Expenses per Audited Statements$1,648,453
Total Expenses per Form 990$1,648,453
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-David Primes Is the Chairman of the Board and a Principal With SpsAccounting Services Provided by Sobul, Primes & Schenkel.No$44,475
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
Yes
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 B, Line 11B

“Describe the process the organization uses to review form 990. The audit committee receives the tax return, reviews it and, if necessary, requests changes to be made. Copies of the return are provided to each board member for review and comment. Once any changes have been made, the return is signed and filed.”

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

“Describe the process the organization uses to monitor and enforce compliance with its conflict of interest policy, the conflict of interest policy is processed annually and if a conflict arises it is discussed and, if necessary, brought to the board for review.”

Form 990, Part VI, Section B, Line 15

“Describe the process the organization uses to determine compensation of the executive director, officers, and key employees. The organization's board executive committee determines the executive director's salary and other salaries on an annual basis based on the review of comparative data.”

Form 990, Part VI, Section C, Line 19

“Describe how the organization makes its governing documents, conflict of interest policy, and financial statements available to the public. The governing documents, conflict of interest policy, and audited financial statements are available upon request at the offices of the organization.”

PART VIII, LINE 1E: PPP LOAN ADVANCE FORGIVENESS

“In march 2021, the foundation received a paycheck protection program second draw (ppp second draw) loan totaling $340,442 under the coronavirus aid relief and economic security (cares) act. Under the terms of the ppp second draw, the loan is unsecured, has a five-year term, and accrues interest at 1%. In june 2022, the foundation applied for and received full forgiveness of the second draw loan which is reflected as paycheck protection program loan income on the statement of activities.”

Filing and Contact Details

Filer

Filer Name
Griffith Observatory Foundation
EIN
95-3374645
Phone
2134730879
Address
2800 EAST OBSERVATORY ROAD, LOS ANGELES, CA 90027

Signing Officer

Name
David Primes
Title
Chair of the Board
Phone
2134730879
Signed
2023-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Marie Bedtke
Formed
1978
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
14
Employees
9
Volunteers
39

Preparer

Firm
Windes Inc
Address
PO BOX 87, LONG BEACH, CA 90801-0087
Preparer
Donita Joseph
Phone
5624351191
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Fin 48: the foundation has received tax-exempt status from the internal revenue service and franchise tax board under section 501(c)(3) of the internal revenue code and section 23701(d) of the california revenue and taxation code, respectively. Accordingly, no provision for income taxes is included in the accompanying financial statements. The foundation recognizes the financial statement benefit of tax positions, such as its filing status as tax-exempt, only after determining that the relevant tax authority would more likely than not sustain the positions following an audit. The foundation is subject to potential income tax audits on open tax years by any taxing jurisdiction in which it operates. The statute of limitations for federal purposes is three years and for california purposes is four years.”

Raw XML AppendixShowing 400 of 546 raw XML fields

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

Path#Value
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IRS990/Form990PartVIISectionAGrp/PersonNm10DR ALAN KAYE
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IRS990/Form990PartVIISectionAGrp/PersonNm12VICKE SELK
IRS990/Form990PartVIISectionAGrp/PersonNm13RICH SEMLER
IRS990/Form990PartVIISectionAGrp/PersonNm14MCKINLEY TENNYSON
IRS990/Form990PartVIISectionAGrp/PersonNm15CHARLES WILMOT
IRS990/Form990PartVIISectionAGrp/PersonNm16ANN MARIE BEDTKE
IRS990/Form990PartVIISectionAGrp/PersonNm17BENJAMIN ROUDENIS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR OF THE BOARD
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY (THRU 5/2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY (AS OF 5/2022)
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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17TECHNOLOGY SYSTEMS ADMINISTRATOR
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IRS990/MissionDesc0GRIFFITH OBSERVATORY FOUNDATION (THE FOUNDATION) IS A CALIFORNIA NONPROFIT CORPORATION, WITH A MISSION TO SUPPORT AND PROMOTE GRIFFITH OBSERVATORY AS A HOME FOR SCIENCE LITERACY, EDUCATION, AND PUBLIC ASTRONOMY THROUGH RESOURCE DEVELOPMENT AND ADVOCACY IN PARTNERSHIP WITH THE COMMUNITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0GRIFFITH OBSERVATORY FOUNDATION WORKS TO ENSURE THAT GRIFFITH OBSERVATORY HAS THE RESOURCES TO DEVELOP EDUCATIONAL AND INSPIRATIONAL PROGRAMS AND SUPPORT FACILITIES TO CONTINUE TO INFORM MILLIONS OF VISITORS. FUNDING FROM THE FOUNDATION HAS HELPED TO INNOVATE AND SUSTAIN TECHNOLOGY AND SPECIALIZED STAFFING THAT ANIMATES THE BUILDING. TO KEEP GRIFFITH OBSERVATORY CURRENT WITH STATE-OF-THE-ART TECHNOLOGY, THE FOUNDATION PROVIDES FOR REGULAR UPGRADES TO THEATERS AND EXHIBITS AS WELL AS LARGER CAPITAL UPDATES. CURRENT FUNDING HAS BROUGHT LIVE ONLINE PROGRAMMING TO A WORLD-WIDE AUDIENCE. A FIVE-YEAR STRATEGIC PLAN WAS DEVELOPED TO REPRESENT THE OBSERVATORY AND THE FOUNDATION'S WORK TO INCREASE LOCAL IMPACT, GLOBAL REACH, COMMUNITY OWNERSHIP, AND EXPAND THE AUDIENCE FOR OUR COSMIC CONTENT.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE FOUNDATION IS FUNDING THE DEVELOPMENT OF A NEW CELESTIAL GLOBE EXHIBIT AT GRIFFITH OBSERVATORY. IT WILL BE A PERMANENT PIECE OF ASTRONOMICAL ART, INSPIRED BY THE SPHERE HELD ALOFT BY THE FARNESE ATLAS SCULPTURE IN THE NAPLES ARCHAEOLOGICAL MUSEUM, WILL TEACH MILLIONS OF VISITORS EACH YEAR ABOUT THE HISTORY AND LORE OF THE CONSTELLATIONS, AND WILL PROVIDE VISITORS WITH INSPIRATION AND GUIDANCE AS THEY JOURNEY THROUGH THE OBSERVATORY.
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