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← PLANETARY SCIENCE INSTITUTE

Form 990 for tax year 2022

Filed by PLANETARY SCIENCE INSTITUTE.

Totals

Total revenue
$17,937,228
Total expenses
$17,620,401
Contributions and grants received
$121,858
Grants paid
$0
Program service revenue
$17,741,199
Investment income
$61,275
Other revenue
$12,896
Total assets, end of year
$6,331,149
Total liabilities, end of year
$3,045,591
Net assets or fund balances, end of year
$3,285,558
Program services expenses (Part IX)
$15,748,076
Management and general expenses
$1,871,605
Fundraising expenses
$720
Program service expenses (Part III)
$15,748,076

Program services were 89.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $121,858

  • 2a · Program service revenue: Grant Revenue

    total $17,741,199 · related or exempt $17,741,199

  • 3 · Investment income

    total $61,275 · excluded $61,275

  • 11a · Other revenue: Other Revenue

    total $12,896 · excluded $12,896

  • 11e · Other revenue, total

    $12,896

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $548,960 · program services $216,383 · management and general $332,577

  • 7 · Other salaries and wages

    total $9,542,190 · program services $8,870,192 · management and general $671,998

  • 8 · Pension plan contributions

    total $1,200,075 · program services $1,063,906 · management and general $136,169

  • 9 · Other employee benefits

    total $948,953 · program services $839,084 · management and general $109,869

  • 10 · Payroll taxes

    total $763,097 · program services $680,623 · management and general $82,474

  • 11b · Fees: legal

    total $21,095 · program services $7,040 · management and general $14,055

  • 11f · Fees: investment management

    total $2,103 · management and general $2,103

  • 11g · Fees: other

    total $259,543 · program services $102,704 · management and general $156,839

  • 13 · Office expenses

    total $73,179 · program services $62,929 · management and general $9,753 · fundraising $497

  • 14 · Information technology

    total $178,045 · program services $132,809 · management and general $45,236

  • 16 · Occupancy

    total $189,440 · program services $149,597 · management and general $39,843

  • 17 · Travel

    total $623,001 · program services $614,267 · management and general $8,734

  • 19 · Conferences, conventions and meetings

    total $160,647 · program services $152,146 · management and general $8,501

  • 20 · Interest

    total $42,431 · program services $32,738 · management and general $9,693

  • 22 · Depreciation, depletion and amortization

    total $250,655 · program services $206,686 · management and general $43,969

  • 23 · Insurance

    total $34,303 · management and general $34,303

  • 24a · Other expenses: Subcontracted Research

    total $2,103,496 · program services $2,103,496

  • 24b · Other expenses: Consulting

    total $329,379 · program services $322,619 · management and general $6,760

  • 24c · Other expenses: Communications

    total $79,532 · program services $39,958 · management and general $39,574

  • 24d · Other expenses: Publication Costs

    total $75,600 · program services $75,600

  • 24e · All other expenses

    total $194,677 · program services $75,299 · management and general $119,155 · fundraising $223

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,437,136 · end of year $2,988,380

  • 2 · Savings and temporary cash investments

    beginning of year $269,467 · end of year $295,495

  • 3 · Pledges and grants receivable

    beginning of year $1,869,104 · end of year $1,515,125

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,626 · end of year $18,482

  • 10a · Land, buildings and equipment: cost or other basis

    $3,476,997

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,169,820

  • 10c · Land, buildings and equipment, net

    beginning of year $1,298,119 · end of year $1,307,177

  • 15 · Other assets

    beginning of year $0 · end of year $206,490

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,145,802 · end of year $2,143,048

  • 19 · Deferred revenue

    beginning of year $40,706 · end of year $4,390

  • 23 · Secured mortgages and notes payable

    beginning of year $751,639 · end of year $666,274

  • 25 · Other liabilities

    beginning of year $0 · end of year $231,879

  • 27 · Net assets without donor restrictions

    beginning of year $2,839,365 · end of year $3,175,518

  • 28 · Net assets with donor restrictions

    beginning of year $109,940 · end of year $110,040

Mission and programs · 2022

Mission

The Planetary Science Institute studies the origin, characteristics, and evolution of planetary systems, including our solar system, Earth itself, and planetary systems around other stars. We convey the resulting knowledge to the scientific community, and to the public at large to promote science education and science literacy. We further use this knowledge to advance human activity in space and shape the future of robotic exploration of the solar system.

Activities or mission (Part I)

Solar system exploration, comparative planetology, science education and public outreach

  • The Planetary Science Institute (PSI) is a nonprofit science research and educational organization with an established record of excellence in solar system exploration, comparative planetology, science education and public outreach. PSI has scientists in 35 states, the District of Columbia, and other locations around the world. In the fiscal year ending September 30, 2023, PSI scientists operated instruments on NASA's Mars Science Laboratory and JUNO missions and provided science team support for these and NASA's Mars Reconnaissance Orbiter, Lunar Reconnaissance Orbiter, Psyche, New Horizons mission, and ESA's Mars Express. They are unveiling Mercury's geological mysteries, identifying potential salt glaciers and evidence of a primordial atmosphere. They have discovered new volcanic processes on the Moon and a large volcanic outburst on Io.The PSI Observatory continues to be used in the study of Jupiter's Io torus, the observation of comets, exoplanets and other bodies. PSI scientists are identifying the distribution of buried water ice resources on the Moon and Mars that may be important for future human exploration, they support an instrument on the International Space Station to study the climate effects of dust (particularly from North Africa).PSI scientists were awarded research grants and contracts to conduct diverse research and laboratory studies covering the Moon, Mars, asteroids, comets, meteorites, outer planet satellites, solar system dynamics, solar system origins, planets around other stars, and other areas.PSI is responsible, as part of NASA's Planetary Data System, for archiving all mission data involving asteroids, comets and interplanetary dust and making it available to the general science community and public. PSI scientists engaged in public outreach through art, writing children's books, popular science books, and public lectures and broadcast events such as Discovery Channel and BBC specials.

    Expenses $15,748,076 · Revenue $17,741,199

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark V Sykes

    CEO / Trustee

    Total calculated
    $293,062
    From this org
    $251,857
    From related orgs
    $0
    Other
    $41,205
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,647
    Bonus
    $15,000
    Other
    $2,210
    Deferred
    $34,807
    Nontaxable benefits
    $6,398
    Filer's total
    $293,062

  • Scott Fouse

    Trustee/Board Chair

    Total calculated
    $0
    Hours/week
    5

  • William Craig

    Trustee/Vice Chair

    Total calculated
    $0
    Hours/week
    5

  • William Hartmann

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Alison Nordt

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Arun Seraphin

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Bruce D Barnett

    Senior Advisor / Secretary

    Total calculated
    $227,142
    From this org
    $188,630
    From related orgs
    $0
    Other
    $38,512
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,358
    Bonus
    $0
    Other
    $2,272
    Deferred
    $25,801
    Nontaxable benefits
    $12,711
    Filer's total
    $227,142

  • Maurizio A Ienna-Balistreri

    CFO / Treasurer

    Total calculated
    $238,868
    From this org
    $192,384
    From related orgs
    $0
    Other
    $46,484
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,084
    Bonus
    $15,000
    Other
    $300
    Deferred
    $26,443
    Nontaxable benefits
    $20,041
    Filer's total
    $238,868

  • Scott H Robinson

    Senior Scientist

    Total calculated
    $199,086
    From this org
    $174,880
    From related orgs
    $0
    Other
    $24,206
    Hours/week
    33

    Schedule J breakdown matched by us

    Base
    $172,900
    Bonus
    $0
    Other
    $1,980
    Deferred
    $24,206
    Nontaxable benefits
    $0
    Filer's total
    $199,086

  • Amanda R Hendrix

    Senior Scientist

    Total calculated
    $223,727
    From this org
    $179,150
    From related orgs
    $0
    Other
    $44,577
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,087
    Bonus
    $373
    Other
    $690
    Deferred
    $24,536
    Nontaxable benefits
    $20,041
    Filer's total
    $223,727

  • Catherine M Weitz

    Senior Scientist

    Total calculated
    $209,664
    From this org
    $173,623
    From related orgs
    $0
    Other
    $36,041
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,333
    Bonus
    $0
    Other
    $1,290
    Deferred
    $23,855
    Nontaxable benefits
    $12,186
    Filer's total
    $209,664

  • Melinda Dyar

    Senior Scientist

    Total calculated
    $206,124
    From this org
    $180,820
    From related orgs
    $0
    Other
    $25,304
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $179,579
    Bonus
    $1,165
    Other
    $76
    Deferred
    $25,304
    Nontaxable benefits
    $0
    Filer's total
    $206,124

  • Eldar Z Noe Dobrea

    Senior Scientist

    Total calculated
    $196,652
    From this org
    $167,365
    From related orgs
    $0
    Other
    $29,287
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,915
    Bonus
    $0
    Other
    $450
    Deferred
    $23,232
    Nontaxable benefits
    $6,055
    Filer's total
    $196,652

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 August 2024
IRS schema version
2022v5.0
Source object
202412269349301441

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