2019-11-08T13:52:32-06:00 2018-12-31 PricewaterhouseCoopers LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2018-01-01 300833462 TMT International Observatory LLC % FRANK MUNOZ TMTI 6263951608 100 W WALNUT STREET SUITE 300 Pasadena CA 91124 EDWARD STONE EXECUTIVE DIRECTOR 6263951608 2019-10-25 true GWEN SPENCER P00641463 6175305000 2019-10-24 167.68.125.77 04363820193125000007 2019-11-08 P 502E9D7DF2DC237FB1436A97DBD0F14D19F2DD5A 0E634609A39EF87B61CBC1AD32C8DF4FA6938ECC 2018 2020-04-17 16:48:07Z EDWARD STONE 100 W WALNUT STREET SUITE 300 Pasadena CA 91124 59389392 false X WWW.TMT.ORG X 2014 DE SEE SCHEDULE O 6 6 52 24 0 29582 27110851 58713935 0 0 509229 665103 11044 10354 27631124 59389392 1058500 246425 0 0 6046562 2917839 0 0 0 14137833 12970241 21242895 16134505 6388229 43254887 102176449 146081140 18306152 18955956 83870297 127125184 X SEE SCHEDULE O false false 12127937 246425 SEE SCHEDULE O 12127937 true true false false false false false false false false true false false true true true true false false true true false false false false false false true false true false false false false false false false false true false false false false false false false false true 34 0 52 true true true false false false false false false false false false false false X 6 6 true false false false true true true true true false false true true true true true true false false false CA X FRANK MUNOZ 6263951608 100 W WALNUT STREET 300 Pasadena CA 91124 X Diana Jergovic Secretary/Governor 4.0 0.0 X X 0 0 0 Nathan Brostrom Treasurer/Governor 4.0 0.0 X X 0 0 0 Praveer Asthana Governor 4.0 0.0 X 0 0 0 Michael Bolte Governor 4.0 0.0 X 0 0 0 Donald Brooks Governor 4.0 0.0 X 0 0 0 Gregory Fahlman GOVERNOR 4.0 0.0 X 0 0 0 Fiona Harrison Governor - End date 10/31/18 4.0 0.0 X 0 0 0 Satori Iguchi Governor - Start date 10/31/18 4.0 0.0 X 0 0 0 Masanori Iye Governor - End date 10/31/18 4.0 0.0 X 0 0 0 Shude Mao GOVERNOR 4.0 0.0 X 0 0 0 AN Ramaparkash Governor 4.0 0.0 X 0 0 0 Eswar Reddy Governor 4.0 0.0 X 0 0 0 B Thomas Soifer Governor 4.0 0.0 X 0 0 0 Saku Tsuneta Governor - Start date 8/1/18 4.0 0.0 X 0 0 0 Tomonori Usuda Governor 4.0 0.0 X 0 0 0 Kim Venn Governor - Start date 7/16/18 4.0 0.0 X 0 0 0 Doug Welch Governor - End date 7/16/18 4.0 0.0 X 0 0 0 Suijian Xue GOVERNOR 4.0 0.0 X 0 0 0 Toru Yamada Governor - End date 8/1/18 4.0 0.0 X 0 0 0 Henry Yang Chair 4.0 0.0 X 0 0 0 Gang Zhao Governor 4.0 0.0 X 0 0 0 Jonas Zmuidzinas Governor - Start date 10/31/18 4.0 0.0 X 0 0 0 Edward Stone Executive Director 20.0 0.0 X 243759 0 29442 Gary Sanders Project Manager 40.0 0.0 X 314951 0 45332 Fengchuan Liu Deputy Project Manager 40.0 0.0 X 250347 0 56316 Christophe Dumas OBSERVATORY SCIENTIST 40.0 0.0 X 259546 0 53497 Ravinder Bhatia ASSOCIATE PROJECT MANAGER 40.0 0.0 X 244814 0 60997 Sandra Dawson MGR HAWAI'I COMMUNITY AFFAIRS 40.0 0.0 X 235677 0 48660 Mark Sirota TELESCOPE CTRLS GROUP LEADER 40.0 0.0 X 229602 0 64394 Benjamin Gallagher M1 System Lead Engineer 40.0 0.0 X 329352 0 48707 2108048 0 407345 39 false true true CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 E CALIFORNIA BLVD PASADENA CA 91125 SCIENTIFIC SERVICES 5535354 BCF SOLUTIONS 14325 WILLARD ROAD SUITE 107 CHANTILLY VA 20151 PROFESSIONAL SRVCS 2194455 Regents of the University of CA DBA 1156 High Street SANTA CRUZ CA 95064 Scientific Services 1784322 Hogan Lovells US LLP 555 Thirteenth Street NW WASHINGTON DC 20004 Professional Srvcs 1180800 Arizona Optical Systems LLC 5575 S Houghton Road TUSCON AZ 85747 Engineering Services 1114771 30 58713935 4286714 58713935 0 665103 665103 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HERTZ SIGNING BONUS 900099 1000 1000 BOFA REBATE 900099 9309 9309 REIM. FOR NSF LUNCH 900099 45 45 10354 59389392 675457 246425 246425 0 0 0 0 0 0 0 0 2232572 678767 1553805 316260 99237 217023 205542 52380 153162 163465 39839 123626 0 1986174 1986174 0 160600 0 160600 0 0 0 168616 133938 34678 0 74076 59637 14439 197046 158638 38408 0 659320 659320 476807 324869 151938 0 83702 83702 976680 976680 0 1082856 1082856 168122 135351 32771 SUBCONTRACTS 4712786 3477747 1235039 PAID LEAVE 842424 678217 164207 LEASE EXPENSES 675721 675721 0 OTHER FACILITIES COSTS 132638 106784 25854 572673 471655 101018 16134505 12127937 4006568 0 5079276 4427588 31533891 52197777 0 0 1920 5523 0 0 0 0 0 0 0 0 537263 519309 4894611 2932339 2888270 1962272 0 0 0 0 0 0 355792 315130 61780037 86653541 102176449 146081140 3430970 3606755 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14875182 15349201 18306152 18955956 X 0 0 0 0 83870297 127125184 83870297 127125184 102176449 146081140 43254887 X false true X true false X 12198719 56749079 57593392 27110851 58713935 212365976 0 0 12198719 56749079 57593392 27110851 58713935 212365976 0 212365976 26971 509229 665103 1201303 0 0 0 0 11044 10354 21398 213588677 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2893562 1685484 1208078 1032859 725226 307633 968190 521629 446561 1962272 CONSTRUCTION IN PROGRESS 86653541 86653541 0 CHARITY PAYABLE (LONG TERM) 7119487 ASSET RETIREMENT OBLIGATION 4029950 DEFERRED LEASE PAYABLE 2168353 PAYROLL LIABILITIES 981119 CHARITY PAYABLE (CURRENT) 967946 LEASE INCENTIVE OBLIGATIONS 82346 15349201 X 675457 675457 58713935 58713935 59389392 16134505 16134505 16134505 SCHEDULE D, PART X, LINE 2 TIO HAS NO REPORTING REQUIREMENTS FOR UNCERTAIN TAX PROVISIONS FOR THE YEAR ENDED DECEMBER 31, 2018. SCHEDULE D, PART XI, LINE 4B MEMBER EQUITY CONTRIBUTIONS: $58,713,935 false North America 0 5 Program Services PROGRAM DEVELOPMENT 675100 0 5 0 5 675100 675100 false false false false false false true KE ALII PAUAHI FOUNDATION 567 SOUTH KING ST 160 HONOLULU HI 96813 943263044 501(C)(3) 36095 FMV Community Support HAWAII COMMUNITY FOUNDATION 827 FORT STREET MALL HONOLULU HI 96813 990261283 501(C)(3) 107460 FMV Community Support University of Hawaii Foundation 2444 Dole St Bachman Hall 105 Honolulu HI 96822 990085260 501(c)(3) 33271 FMV COMMUNITY SUPPORT HAWAII ISLAND ECONOMIC DEVELOPMENT 67-1185 Mamalahoa Hwy Unit D104 353 Kamuela HI 96743 990227270 501(C)(3) 10000 FMV COMMUNITY SUPPORT HAWAII SCIENCE AND TECHNOLOGY MUSEUM PO BOX 7195 Hilo HI 96720 810769543 501(C)(3) 31298 FMV COMMUNITY SUPPORT UNIVERSITY OF HAWAII OFFICE OF RESEARCH SERVICES 200 W KAWILI STREET Hilo HI 96720 996000354 501(c)(3) 28301 FMV COMMUNITY SUPPORT 6 0 SCHEDULE I, PART I, LINE 2 TIO ENTERS INTO AGREEMENTS WITH GRANTEES REQUIRING THAT GRANTED FUNDS BE SPENT ONLY IN FURTHERANCE OF THE GRANTEE'S EXEMPT PURPOSE. X X X X false true false false false false false false false true false Edward Stone Executive Director 172877 0 0 0 70882 0 21091 0 8351 0 273201 0 0 0 Gary Sanders Project Manager 295848 0 0 0 19103 0 42181 0 3151 0 360283 0 0 0 Fengchuan Liu Deputy Project Manager 237377 0 0 0 12970 0 29038 0 27278 0 306663 0 0 0 Christophe Dumas OBSERVATORY SCIENTIST 241451 0 0 0 18095 0 31403 0 22094 0 313043 0 0 0 Ravinder Bhatia ASSOCIATE PROJECT MANAGER 225414 0 0 0 19400 0 31167 0 29830 0 305811 0 0 0 Sandra Dawson MGR HAWAI'I COMMUNITY AFFAIRS 221620 0 7557 0 6500 0 34351 0 14309 0 284337 0 0 0 Mark Sirota TELESCOPE CTRLS GROUP LEADER 205102 0 0 0 24500 0 35640 0 28754 0 293996 0 0 0 Benjamin Gallagher M1 System Lead Engineer 219449 0 0 0 109903 0 26686 0 22021 0 378059 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A-B ONE OFFICER RECEIVED A TAX GROSS UP AND TAXABLE HOUSING ALLOWANCE, WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). ONE HIGHLY COMPENSATED EMPLOYEE RECEIVED TRAVEL FOR A COMPANION. ALL PAYMENTS WERE MADE PURSUANT TO THE EMPLOYEE'S EMPLOYMENT AGREEMENT AND ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). ONE HIGHLY COMPENSATED EMPLOYEE RECEIVED A HOUSING ALLOWANCE, AND A GROSS UP PAYMENT. ALL PAYMENTS WERE MADE PURSUANT TO THE EMPLOYEE'S EMPLOYMENT AGREEMENT AND ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). A HIGHLY COMPENSATED EMPLOYEE ALSO RECEIVED MEMBERSHIP TO A SOCIAL CLUB FOR BUSINESS PURPOSES, NONE OF WHICH WAS INCLUDED IN THE EMPLOYEE'S COMPENSATION. FORM 990, SCHEDULE J, PART I, LINE 7 A HIGHLY COMPENSATED EMPLOYEE RECEIVED A DISCRETIONARY BONUS THAT WAS SUBJECT TO MANAGEMENT APPROVAL. FORM 990, SCHEDULE J, PART II EDWARD STONE, GARY SANDERS AND FENGCHUAN LIU ARE COMPENSATED BY CALIFORNIA INSTITUTE OF TECHNOLOGY, AN UNRELATED ORGANIZATION. TIO REIMBURSES THE CALIFORNIA INSTITUTE OF TECHNOLOGY FOR THE COSTS OF THOSE EMPLOYEES RELATED TO THE SERVICES PROVIDED TO TIO. THE AMOUNTS INCLUDED IN PART VII AND SCHEDULE J, PART II REPRESENT THEIR COMPENSATION IN CONNECTION WITH THEIR SERVICES TO TIO. X M1 MENISCUS BLANKS 70 4286219 FAIR MARKET VALUE X MEADE STAR NAVIGATOR TELESCOPE 1 495 0 true true false PART I, LINE 1 AND PART III, LINES 1 AND 4A TMT INTERNATIONAL OBSERVATORY (TIO) WAS FOUNDED BY THE MEMBERS LISTED BELOW EXCLUSIVELY TO FURTHER CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES AND, WITHIN SUCH LIMITS, TO ADVANCE SCIENTIFIC KNOWLEDGE AND EDUCATION THROUGH THE STUDY, OBSERVATION, AND COLLECTION OF IMAGES AND INFORMATION FROM DEEP SPACE WITH THE OBJECTIVE OF FURTHERING HUMAN UNDERSTANDING OF ASTRONOMY AND THE ORIGINS OF THE UNIVERSE: 1. THE REGENTS OF THE UNIVERSITY OF CALIFORNIA ("UC") 2. CALIFORNIA INSTITUTE OF TECHNOLOGY ("CALTECH") 3. THE NATIONAL INSTITUTES OF NATURAL SCIENCES (THE "JAPANESE NATIONAL INSTITUTES") 4. THE NATIONAL ASTRONOMICAL OBSERVATORIES OF THE CHINESE ACADEMY OF SCIENCES (THE "CHINESE ACADEMY OF SCIENCES") 5. THE NATIONAL RESEARCH COUNCIL OF CANADA ("NRC") 6. THE DEPARTMENT OF SCIENCE AND TECHNOLGY, GOVERNMENT OF INDIA ("DST") TIO IS PURSUING ITS PURPOSE BY DESIGNING, DEVELOPING, CONSTRUCTING, AND OPERATING A "STATE-OF-THE-ART" THIRTY-METER, WORLD CLASS TELESCOPE AND ASSOCIATED OBSERVATORY ON MAUNA KEA IN HAWAI'I (THE "TMT PROJECT") AND, IN RELATION THERETO, FOSTERING ACADEMIC AND SCIENTIFIC INTERACTION AMONG EDUCATIONAL AND OTHER RESEARCH INSTITUTIONS ON A GLOBAL BASIS. FORM 990, PART VI, LINE 1 THE GOVERNING BODY OF TIO IS ITS BOARD. THE BOARD IS COMPRISED OF THREE GOVERNORS APPOINTED BY EACH OF THE 6 MEMBERS OF THE ORGANIZATION. EACH MEMBER MUST DESIGNATE ONE OF ITS GOVERNORS AS A VOTING REPRESENTATIVE. AS OF DECEMBER 31, 2018, THE BOARD HAD A TOTAL OF 18 GOVERNORS, OF WHICH SIX GOVERNORS ARE VOTING REPRESENTATIVES. FORM 990, PART VI, LINE 2 THE FOLLOWING INDIVIDUALS HAVE A BUSINESS RELATIONSHIP AS A RESULT OF THEIR RELATIONSHIPS WITH THEIR ORGANIZATIONS AND THE TMT PROJECT: UC: NATHAN BROSTROM, HENRY YANG, MICHAEL BOLTE CALTECH: ED STONE, DIANA JERGOVIC, TOM SOIFER, JONAS ZMUIDZINAS, FIONA HARRISON NRC: GREG FAHLMAN, KIM VENN, DON BROOKS, DOUG WELCH NINS: SATORU IGUCHI, SAKU TSUNETA, TOMONORI USUDA, MASANORI IYE, TORU YAMADA NAOC: SUIJIAN XUE, SHUDE MAO, GANG ZHAO DST: ESWAR REDDY, PRAVEER ASTHANA, A.N. RAMAPRAKASH FORM 990, PART VI, LINES 6 AND 7 AS OF 12/31/2018 THE MEMBERS OF TIO WERE: 1. UC 2. CALTECH 3. THE JAPANESE NATIONAL INSTITUTES 4. THE CHINESE ACADEMY OF SCIENCES 5. NRC 6. DST GOVERNANCE DECISIONS OF THE ORGANIZATION INCLUDING THE APPOINTMENT AND NUMBER OF GOVERNORS, ADMISSION OF NEW MEMBERS AND THE TERMS OF SUCH ADMISSION ARE RESERVED TO THE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, LINE 11B WORKING WITH PRICEWATERHOUSECOOPERS, LLP ("PWC"), THE FORM 990 IS PREPARED. THE FORM 990 IS THEN REVIEWED BY MANAGEMENT, THE LEGAL COUNSEL AND THE AUDIT COMMITTEE. PRIOR TO FILING WITH THE IRS THE FINAL FORM 990 IS MADE AVAILABLE TO THE FULL BOARD. PWC SIGNS THE RETURN AS PAID PREPARER AND ELECTRONICALLY FILES THE RETURN WITH THE IRS. FORM 990, PART VI, LINE 12C ON AN ANNUAL BASIS TIO DISTRIBUTES CONFLICT OF INTEREST QUESTIONNAIRES TO THE BOARD MEMBERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES TO COMPLETE AND RETURN. MANAGEMENT OF TIO REVIEWS THE RETURNED FORMS FOR COMPLIANCE. IF A CONFLICT IS DISCOVERED IT IS ESCALATED TO THE APPROPRIATE PARTY WITHIN THE ORGANIZATION. FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS AND POLICIES, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT OPEN TO PUBLIC INSPECTION.