GMTO CORPORATION Charity Report

Public IRS 990 nonprofit record

GMTO CORPORATION

EIN 26-2637707 · Astronomy (U31)

What they do

GMTO CORPORATION is A COLLABORATIVE EFFORT BETWEEN UNIVERSITIES and RESEARCH INSTITUTIONS to BUILD A NEXT GENERATION EXTREMELY LARGE TELESCOPE for ASTRONOMICAL RESEARCH.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

61.34%of revenue went to mission work78.0% of expenses · Program services

3.85%of revenue went to fundraising4.9% of expenses

$78.60spent for every $100 of revenueRevenue covered expenses this year.

13.41%of revenue went to management and office costs17.1% of expenses

$12.92in assets for every $1 spent this yearSome assets cannot be spent right away.

98.1%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $608,953 for ROBERT SHELTON (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$46,688,213

Mission workProgram services$28,638,09561.34% of revenue78.0% of expenses

ManagementOffice and general costs$6,260,77513.41% of revenue17.1% of expenses

FundraisingAsking for donations$1,798,3023.85% of revenue4.9% of expenses

Revenue left after expensesReported annual surplus$9,991,04121.40% of revenueShown in gray on the chart

Total expenses$36,697,17278.60% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 78.0% mission · 17.1% management · 4.9% fundraisingTotal expenses: 78.60% of revenue

2023Expense mix: 79.3% mission · 15.3% management · 5.4% fundraisingTotal expenses: 217.04% of revenue

2022Expense mix: 74.5% mission · 19.4% management · 6.1% fundraisingTotal expenses: 18.69% of revenue

2021Expense mix: 76.3% mission · 18.3% management · 5.4% fundraisingTotal expenses: 115.35% of revenue

2020Expense mix: 76.6% mission · 19.0% management · 4.4% fundraisingTotal expenses: 396.19% of revenue

2019Expense mix: 75.7% mission · 19.9% management · 4.4% fundraisingTotal expenses: 969.38% of revenue

2018Expense mix: 75.2% mission · 20.7% management · 4.1% fundraisingTotal expenses: 98.08% of revenue

2017Expense mix: 74.9% mission · 21.4% management · 3.7% fundraisingTotal expenses: 355.66% of revenue

Money in and money out

Revenue$46,688,213

Expenses$36,697,172

Annual surplus $9,991,041 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$28,638,095 · 78.0% of expenses

Management and office costs$6,260,775 · 17.1% of expenses

Fundraising$1,798,302 · 4.9% of expenses

See all reported dollar amounts

Revenue$46,688,213

Expenses$36,697,172

Assets$474,102,926

Income$46,688,213

Contributions$45,811,364

Mission work (program services)$28,638,095

Fundraising$1,798,302

Management and general$6,260,775

Stocks and bonds$7,483,127

Accounting fees$138,865

Investing fees$21,039

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ROBERT SHELTONPRESIDENT · 40 hrs/week $608,953Base $518,846 · Other $90,107

WILLIAM BURGETTPROJECT MANAGER · 40 hrs/week $391,998Base $314,699 · Other $77,299

REBECCA BERNSTEINCHIEF SCIENTIST · 40 hrs/week $381,017Base $311,880 · Other $69,137

ALAN GORDONCFO & VP OF BUSINESS OPERATIONS · 40 hrs/week $373,568Base $284,799 · Other $88,769

KEVIN MILLSVP FOR LEGAL AFFAIRS & GEN. COUNSEL · 40 hrs/week $363,574Base $268,511 · Other $95,063

GLENN BROSSUSDEPUTY PROJECT MANAGER · 40 hrs/week $361,592Base $265,097 · Other $96,495

FRANK GROARKDEPT. OPTICS & OPTICAL METROLOGY MGR · 40 hrs/week $340,275Base $251,349 · Other $88,926

BRUCE BIGELOWSITE, ENCLOSURE, FACILITIES MGR · 40 hrs/week $314,787Base $251,603 · Other $63,184

SAMUEL PARKTELESCOPE STRUCTURES MANAGER · 40 hrs/week $313,149Base $237,231 · Other $75,918

JENNIFER ECCLESVP FOR DEVEL. & EXT. RELATIONS · 40 hrs/week $300,684Base $252,629 · Other $48,055

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

ROBERT SHELTONPRESIDENT

WILLIAM BURGETTPROJECT MANAGER

REBECCA BERNSTEINCHIEF SCIENTIST

ALAN GORDONCFO & VP OF BUSINESS OPERATIONS

KEVIN MILLSVP FOR LEGAL AFFAIRS & GEN. COUNSEL

GLENN BROSSUSDEPUTY PROJECT MANAGER

FRANK GROARKDEPT. OPTICS & OPTICAL METROLOGY MGR

BRUCE BIGELOWSITE, ENCLOSURE, FACILITIES MGR

SAMUEL PARKTELESCOPE STRUCTURES MANAGER

JENNIFER ECCLESVP FOR DEVEL. & EXT. RELATIONS

WAYNE ALEXANDERBOARD MEMBER

WALTER MASSEYCHAIR, BOARD OF DIRECTORS

VITOR DE SOUZABOARD MEMBER

VICKY KALOGERA FROM 0125BOARD MEMBER

TAFT ARMANDROFFVICE CHAIR, BOARD OF DIRECTORS

SARAH PEARCEBOARD MEMBER

JOHN MULCHAEYBOARD MEMBER

RANDY STRINGERBOARD MEMBER

LISA KEWLEYBOARD MEMBER

JOHN ARNOLDBOARD MEMBER

JACK BALDAUF THRU 0225BOARD MEMBER

COSTAS GEORGHIADES FROM 0425BOARD MEMBER

CHRIS TINNEYBOARD MEMBER

CHAN PARKBOARD MEMBER

BYEONG-GON PARKBOARD MEMBER

BUELL JANNUZIBOARD MEMBER

BRIAN SCHMIDT FROM 1024BOARD MEMBER

About this charity

Recognized since: January 2009
Location: 300 NORTH LAKE AVENUE 14TH FLOOR, PASADENA, CA 91101
County: Los Angeles
In care of: ALAN GORDON
Primary officer: ALAN GORDON, CFO

How to reach them

WebsiteVisit the charity’s website Phone(626) 204-0544

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Astronomy (U31)
IRS tax category: Astronomy