GMTO CORPORATION

As filed

Subsection

03

NTEE code

U31

Classification

2100

Street

300 N LAKE AVE FL 14

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• THE PURPOSE OF THE CORPORATION IS TO UNDERTAKE THE DESIGN, DEVELOPMENT, CONSTRUCTION AND OPERATION OF THE GIANT MAGELLAN TELESCOPE ("GMT"), A STATE-OF-THE-ART NEXT GENERATION ASTRONOMICAL TELESCOPE, AS A COLLABORATIVE EFFORT BETWEEN UNIVERSITIES AND RESEARCH ORGANIZATIONS. ALL CONTRIBUTIONS AND ALL EXPENSES ARE GEARED TOWARD THE FULFILLMENT OF THAT PURPOSE. DURING THE FISCAL YEAR ENDING JUNE 30, 2024, GMTO CONTINUED ON THE WORK ON ITS PRIMARY MIRROR SEGMENTS AND DESIGN WORK ON MAJOR SUBSYSTEMS, INCLUDING PROTOTYPING, AND UNDERWENT VARIOUS DESIGN REVIEWS.

  Expenses $36,535,321

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $21,214,460

  Expenses

  $46,043,471

  Contributions

  $19,984,346

  Grants paid

  $0

• 2022

  Revenue

  $194,662,618

  Expenses

  $36,380,093

  Contributions

  $193,810,505

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $32,220,104

  Expenses

  $37,165,448

  Assets (EOY)

  $321,703,747

• 2020 · 990

  Revenue

  $8,771,769

  Expenses

  $34,752,653

  Assets (EOY)

  $305,649,164

• 2019 · 990

  Revenue

  $4,199,536

  Expenses

  $40,709,497

  Assets (EOY)

  $330,327,152

• 2018 · 990

  Revenue

  $40,599,120

  Expenses

  $39,820,884

  Assets (EOY)

  $367,820,702

• 2017 · 990

  Revenue

  $10,946,024

  Expenses

  $38,930,666

  Assets (EOY)

  $365,009,321

• 2016 · 990

  Revenue

  $5,515,656

  Expenses

  $28,509,469

  Assets (EOY)

  $387,702,781

• 2015 · 990

  Revenue

  $2,528,643

  Expenses

  $34,995,896

  Assets (EOY)

  $411,816,468

• 2014 · 990

  Revenue

  $347,399,787

  Expenses

  $16,606,973

  Assets (EOY)

  $440,351,720

• 2013 · 990

  Revenue

  $27,792,782

  Expenses

  $11,026,348

  Assets (EOY)

  $107,563,164

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $13,476,297

  Assets (EOY)

  $89,204,406

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• ASSOCIATION OF UNIVERSITIES FOR

  $2,480,059

  2022 · SCIENTIFIC RESEARCH AND DEVELOPMENT FOR THE US EXTREMELY LARGE TELESCOPE PROGRAM

• ASSOCIATION OF UNIVERSITIES FOR

  $1,455,307

  2023 · SCIENTIFIC RESEARCH AND DEVELOPMENT FOR THE US EXTREMELY LARGE TELESCOPE PROGRAM

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $10,000

  2023 · FOR RECIPIENT'S EXEMPT PURPOSE

Other IRS files