Public Charity

Large Binocular Telescope Corporation

Large Binocular Telescope Corporation is a nonprofit organization categorized as Public Charity based in Tucson, AZ. Its most recent IRS filing (2024) reports revenue of $15.2M, expenses of $22.1M, total assets of $94.6M.

EIN: 860724677 Tucson, AZ Astronomy NTEE: U31 Latest filing: 2024
Total Revenue$15.2M
Total Expenses$22.1M
Total Assets$94.6M
Grant Records0
Filing Years2019–2024

Mission

The LBT Corporation's purpose is to maintain and operate a large optical observatory for astronomical research which will expand humanity's knowledge of space from the vicinity of Earth to the edge of the observable universe.

Officers & Directors

Chiarman & President Adriano Fontana
Director Andreas Quirrenbach
Director & Member Representative Buell Jannuzi
Vice Chairman Chris Kochanek
Director Dennis Zaritsky
Secretary Elizabeth Green

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $15.2M $22.1M $94.6M
2023 $24.1M $22.6M $101.6M
2022 $12.4M $20.1M $100.3M
2020 $12.3M $19.5M $112.9M
2019 $18.4M $20.3M $120.4M

Between 2019 and 2024, reported annual revenue declined from $18.4M to $15.2M (-17%), with total assets most recently reported at $94.6M.

Interactive year-over-year charts and full filing details available with membership.

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