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Vatican Observatory Foundation

Faith Inspiring Science

Tucson, AZ   |  www.vaticanobservatory.org
GuideStar Charity Check

Vatican Observatory Foundation

EIN: 86-0559994


Mission

The foundation, a 501(c)3 non-profit organization for scientific research, supports the Vatican Advanced Technology Telescope (VATT) and educational outreach programs by the 15 Jesuits with advanced degrees in various fields of astronomy who make up the Vatican Observatory staff. Though the Vatican provides a portion of the budget for the observatory, it does not cover all the costs. The foundation raises funds to maintain and upgrade the Vatican Advanced Technology Telescope (VATT), ensuring it remains technologically valid and capable of supporting the research it was built to perform. It also supports a number of educational outreach programs, including the Vatican Observatory Summer School.

Ruling year info

1987

President

Brother Guy Consolmagno, S.J.

Main address

2017 East Lee Street

Tucson, AZ 85719 USA

Show more contact info

EIN

86-0559994

Subject area info

Education

Astronomy

Catholicism

Population served info

Adults

Catholics

Academics

NTEE code info

Astronomy (includes Observatories) (U31)

Roman Catholic (X22)

Single Organization Support (B11)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

Affiliations

See related organizations info

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Educational outreach

Staff members connect online with high school students studying astronomy to enhance their learning. The students may participate while understanding what real scientists do.

Population(s) Served
Adults

An annual gathering of parish educators to learn more about how the Catholic Church supports science and ways to help their communities understand how faith and science work together.

Population(s) Served
Adults

Each year a half day seminar is arranged bringing together a group of experts in some field of astronomy to discuss current discoveries and projects. This is open to the general public and free of charge. Each year the seminar takes place in a different area of the United States.

Population(s) Served

The Sacred Space blog and online community offers a free conversation about astronomy from a faith-based point of view. There are daily articles from mulitple professionals about various aspects of faith and science - mostly astronomy. Subscribers may comment and continue the conversation online.

Population(s) Served

Where we work

Financials

Vatican Observatory Foundation
Fiscal year: Jan 01 - Jun 30
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

87.96

Average of 52.87 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

9.6

Average of 7.7 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

4%

Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Vatican Observatory Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Vatican Observatory Foundation

Balance sheet

Fiscal Year: Jan 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Vatican Observatory Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Vatican Observatory Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$247,451 -$218,753 $94,770 $163,326 -$350,534
As % of expenses -34.6% -30.5% 14.2% 24.7% -99.4%
Unrestricted surplus (deficit) after depreciation -$347,639 -$316,649 -$550 $72,918 -$395,738
As % of expenses -42.6% -38.8% -0.1% 9.7% -99.5%
Revenue composition info
Total revenue (unrestricted & restricted) $588,195 $615,229 $758,757 $864,605 $143,045
Total revenue, % change over prior year -24.5% 4.6% 23.3% 14.0% -83.5%
Program services revenue 20.0% 13.1% 7.9% 13.1% 23.8%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 10.5% 7.8% 4.9% 6.7% 11.9%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 50.5% 72.5% 79.7% 62.4% 50.0%
Other revenue 18.9% 6.6% 7.5% 17.8% 14.3%
Expense composition info
Total expenses before depreciation $716,053 $717,510 $665,255 $660,851 $352,529
Total expenses, % change over prior year -5.4% 0.2% -7.3% -0.7% -46.7%
Personnel 33.8% 35.3% 30.0% 20.7% 30.4%
Professional fees 12.7% 9.1% 8.8% 14.5% 16.6%
Occupancy 1.8% 2.5% 2.4% 2.9% 2.6%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 51.6% 53.1% 58.8% 61.9% 50.4%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $816,241 $815,406 $760,575 $751,259 $397,733
One month of savings $59,671 $59,793 $55,438 $55,071 $29,377
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $875,912 $875,199 $816,013 $806,330 $427,110

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 8.2 6.0 8.9 12.0 9.6
Months of cash and investments 35.2 35.9 45.2 51.9 72.5
Months of estimated liquid unrestricted net assets 11.6 8.0 10.3 13.3 13.0
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $488,631 $357,038 $493,607 $662,939 $281,239
Investments $1,610,468 $1,791,102 $2,009,419 $2,195,657 $1,847,912
Receivables $6,205 $54,808 $54,326 $0 $0
Gross land, buildings, equipment (LBE) $3,534,308 $3,534,308 $3,534,308 $3,534,308 $3,534,308
Accumulated depreciation (as a % of LBE) 70.5% 73.2% 75.9% 78.5% 79.8%
Liabilities (as a % of assets) 1.3% 0.4% 1.9% 2.4% 0.8%
Unrestricted net assets $1,738,110 $1,421,461 $1,420,911 $1,493,829 $1,098,091
Temporarily restricted net assets $30,539 N/A N/A N/A N/A
Permanently restricted net assets $1,385,054 N/A N/A N/A N/A
Total restricted net assets $1,415,593 $1,795,769 $1,959,921 $2,037,618 $1,735,698
Total net assets $3,153,703 $3,217,230 $3,380,832 $3,531,447 $2,833,789

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President

Brother Guy Consolmagno, S.J.

Number of employees

Source: IRS Form 990

Vatican Observatory Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Vatican Observatory Foundation

Board of directors
as of 04/29/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Paul Pohl

Organizational demographics

SOURCE: Self-reported; last updated 9/2/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Gender identity
Male

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser