Astrophysical Research Consortium

EIN: 911265806 501(c)(3) Science & Technology

Seattle, WA

Total Revenue
$8,264,413
Total Expenses
$10,373,317
Total Assets
$40,684,195
Net Assets
$37,577,472
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
WA
Principal Officer
Henry Chip Kobulnicky
Phone
2066160035
Tax Period
2023-01-01 to 2023-12-31

Astrophysical Research Consortium, founded in 1984, is a community nonprofit in the Science & Technology sector that reported $8.3M in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $10.4M exceeded revenue, resulting in a 26% operating deficit.

Mission

Astrophysical Research Consortium operates two telescopes at the Apache Point Observatory. There is a 3.5-meter general purpose telescope and a survey specialized 2.5-meter Sloan Foundation telescope. The telescopes have distinct purposes in the service of their constituencies.

Program Service Accomplishments

Program 1
Expenses: $10,000,552 Revenue: $4,688,507

The 3.5-meter telescope benefits the research faculty, graduate and undergraduate students, and public outreach programs of each member institution. Using innovative remote software, astronomers can...

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The 3.5-meter telescope benefits the research faculty, graduate and undergraduate students, and public outreach programs of each member institution. Using innovative remote software, astronomers can operate and collect data from anywhere in the world. The telescope has a suite of cameras and spectrographs that serve a wide variety of scientific endeavors, resulting in more than 50 refereed science results being published each year. There is an active outreach program at the observatory and at member institutions. The 2.5-meter telescope, which operates the SDSS-IV and SDSS-V survey projects, had a productive year. The SDSS-IV project was completed in December 2021. The project is still funding travel for scientific conferences in 2023. The SDSS-V survey began in October 2020 (slightly delayed due to COVID19) and is still fund-raising (trying to have more member institutions joined). A new corrector lens was built for the Sloan telescope. A new robotic fiber positioning system ("The FPS") was installed and commissioned at APO in November and December of 2021 and a second FPS was installed and commissioned at LCO in August and September of 2022. Operations are ongoing at APO and at LCO. The Local Volume Mapper Instrument (LVMi) has been installed at LCO starting February of 2023. LVMi operations began in 2023.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,323,812
Program Service Revenue $4,681,191
Investment Income $249,569
Other Revenue $9,841
TOTAL REVENUE $8,264,413

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,657,153
Fundraising Expenses $0
Program Expenses $10,000,552
Other Expenses $7,716,164
TOTAL EXPENSES $10,373,317

Year-over-Year Comparison

2023 2022 Change
Revenue $8,264,413 $13,754,304 -0.4%
Expenses $10,373,317 $8,508,279 +0.2%
Net Income $-2,108,904 $5,246,025 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
17
Employees
60
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$132,328
Total Directors
21
$12,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Crenshaw Board Chair 4.00
Officer Director
$12,500 $0 $12,500
Henry Chip Kobulnicky Secretary and Treasurer 1.00
Officer Director
$0 $0 $0
Suzanne Hawley Trustee 1.00
Director
$0 $0 $0
Daniel Pollack Trustee 0.90
Director
$0 $0 $0
James Murphy Trustee 0.50
Director
$0 $0 $0
Michele Shuster Trustee 0.90
Director
$0 $0 $0
Jon Holtzman Trustee 0.90
Director
$0 $0 $0
Victor M Bright Trustee 0.90
Director
$0 $0 $0
Jeremy Darling Trustee 0.50
Director
$0 $0 $0
Laura Galloway Trustee 0.40
Director
$0 $0 $0
Steve Majewski Trustee 0.50
Director
$0 $0 $0
Bertrand Garcia-Moreno Trustee 0.10
Director
$0 $0 $0
Rosemary F G Wyse Trustee 1.50
Director
$0 $0 $0
Timothy Denning Trustee 0.30
Director
$0 $0 $0
Donald Hamelberg Trustee 0.10
Director
$0 $0 $0
Georgia Kosmopoulou Trustee 0.10
Director
$0 $0 $0
Karen Leighly Trustee 0.30
Director
$0 $0 $0
Parag Chitnis Trustee 0.10
Director
$0 $0 $0
Eric Hintz Trustee 0.60
Director
$0 $0 $0
Denise Stephens Trustee 0.10
Director
$0 $0 $0
Aleksandr Mosenkov Trustee 0.90
Director
$0 $0 $0
Alim Patten Business Manager 50.00
Officer
$94,122 $25,706 $119,828
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $8,264,413 $10,373,317 $40,684,195 $-2,108,904
2022 $13,754,304 $8,508,279 $42,550,918 $5,246,025
2021 $10,056,794 $5,624,793 $37,277,720 $4,432,001
2020 $5,495,392 $9,490,240 $32,699,757 $-3,994,848
2019 $10,034,217 $10,792,263 $36,206,860 $-758,046
2018 $12,647,245 $10,750,106 $36,934,440 $1,897,139
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