Skip to main content

Nonprofit · EIN 26-2637707

GMTO CORPORATION

Tax-exempt · PASADENA, CA 91101

Financials

$194.7M$36.4M2022$21.2M$46M2023$46.7M$36.7M2024
Revenue Expenses · by fiscal year end
Financials of GMTO CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$46,688,213$36,697,172$9,991,041$474,102,926$13,477,032$460,625,894
June 30, 2024990$21,214,460$46,043,471-$24,829,011$460,859,174$10,248,989$450,610,185
June 30, 2023990$194,662,618$36,380,093$158,282,525$488,723,180$27,326,631$461,396,549
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$45,811,364
of which government grants
$5,818,841
Program service revenue
$0
Investment income
$876,849
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,097,547
Other salaries and wages
$14,350,905
Salaries, compensation and benefits (total)
$20,859,927
Professional fundraising fees
$0
Legal fees
$61,137
Accounting fees
$138,865
Occupancy
$739,053
Travel
$395,825
Depreciation
$1,712,384
Program services (functional)
$28,638,095
Management and general (functional)
$6,260,775
Fundraising (functional)
$1,798,302

Balance sheet and other

Total assets, start of year
$460,859,174
Total assets, end of year
$474,102,926
Total liabilities, end of year
$13,477,032
Net assets, end of year
$460,625,894
Land, buildings and equipment
$18,310,009
Publicly traded securities
$7,483,127
Net assets without donor restrictions
$298,006,242
Net assets with donor restrictions
$162,619,652
Gross receipts
$46,688,213
Employees
94
Volunteers
16
Year formed
2007
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROBERT SHELTONPRESIDENT
Officer
40$518,846$90,107
WILLIAM BURGETTPROJECT MANAGER
Key employee
40$314,699$77,299
REBECCA BERNSTEINCHIEF SCIENTIST
Highest-paid employee
40$311,880$69,137
ALAN GORDONCFO & VP OF BUSINESS OPERATIONS
Officer
40$284,799$88,769
KEVIN MILLSVP FOR LEGAL AFFAIRS & GEN. COUNSEL
Officer
40$268,511$95,063
GLENN BROSSUSDEPUTY PROJECT MANAGER
Key employee
40$265,097$96,495
FRANK GROARKDEPT. OPTICS & OPTICAL METROLOGY MGR
Highest-paid employee
40$251,349$88,926
BRUCE BIGELOWSITE, ENCLOSURE, FACILITIES MGR
Highest-paid employee
40$251,603$63,184
SAMUEL PARKTELESCOPE STRUCTURES MANAGER
Highest-paid employee
40$237,231$75,918
JENNIFER ECCLESVP FOR DEVEL. & EXT. RELATIONS
Highest-paid employee
40$252,629$48,055
WALTER MASSEYCHAIR, BOARD OF DIRECTORS
Trustee or director, Officer
1$0$0
TAFT ARMANDROFFVICE CHAIR, BOARD OF DIRECTORS
Trustee or director, Officer
1$0$0
WAYNE ALEXANDERBOARD MEMBER
Trustee or director
1$0$0
JOHN ARNOLDBOARD MEMBER
Trustee or director
1$0$0
JACK BALDAUF THRU 0225BOARD MEMBER
Trustee or director
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
COSTAS GEORGHIADES FROM 0425BOARD MEMBER
Trustee or director
1$0
BUELL JANNUZIBOARD MEMBER
Trustee or director
1$0
VICKY KALOGERA FROM 0125BOARD MEMBER
Trustee or director
1$0
LISA KEWLEYBOARD MEMBER
Trustee or director
1$0
JOHN MULCHAEYBOARD MEMBER
Trustee or director
1$0
BYEONG-GON PARKBOARD MEMBER
Trustee or director
1$0
CHAN PARKBOARD MEMBER
Trustee or director
1$0
SARAH PEARCEBOARD MEMBER
Trustee or director
1$0
BRIAN SCHMIDT FROM 1024BOARD MEMBER
Trustee or director
1$0
VITOR DE SOUZABOARD MEMBER
Trustee or director
1$0
RANDY STRINGERBOARD MEMBER
Trustee or director
1$0
CHRIS TINNEYBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
ROBERT SHELTONPRESIDENT
Officer
40$506,774$84,774
REBECCA BERNSTEINPROJECT SCIENTIST
Highest-paid employee
40$304,380$67,121
WILLIAM BURGETTPROJECT MANAGER
Key employee
40$298,986$68,680
ALAN GORDONCFO & VP OF BUSINESS OPERATIONS
Officer
40$277,861$84,457
GLENN BROSSUSDEPUTY PROJECT MANAGER
Key employee
40$257,772$89,621
FRANK GROARKDEPUTY OPT. & OPTICAL METROLOGY MGR.
Highest-paid employee
40$247,134$84,649
RICHARD DEMERSWAVEFRONT SENSING & CONTROL MANAGER
Highest-paid employee
40$251,954$61,646
BRUCE BIGELOWSITE, ENCLOSURE, FACILITIES MGR
Highest-paid employee
40$246,956$60,674
JENNIFER ECCLESVP FOR DEVELOPMENT & EXTERNAL RELAT.
Highest-paid employee
40$255,487$47,152
KEVIN MILLSVP FOR LEGAL AFFAIRS & GEN. COUNSEL
Officer
40$204,033$61,749
WALTER MASSEYCHAIR, BOARD OF DIRECTORS
Trustee or director, Officer
1$0$0
TAFT ARMANDROFFVICE CHAIR, BOARD OF DIRECTORS
Trustee or director, Officer
1$0$0
WAYNE ALEXANDERBOARD MEMBER
Trustee or director
1$0$0
JOHN ARNOLDBOARD MEMBER (FROM 2/24)
Trustee or director
1$0$0
JACK BALDAUFBOARD MEMBER
Trustee or director
1$0$0
BUELL JANNUZIBOARD MEMBER
Trustee or director
1$0$0
LISA KEWLEYBOARD MEMBER
Trustee or director
1$0$0
JOHN MULCHAEYBOARD MEMBER
Trustee or director
1$0$0
BYEONG-GON PARKBOARD MEMBER
Trustee or director
1$0$0
CHAN PARKBOARD MEMBER (FROM 10/23)
Trustee or director
1$0$0
SUNG HYUN PARKBOARD MEMBER (THRU 10/23)
Trustee or director
1$0$0
SARAH PEARCEBOARD MEMBER
Trustee or director
1$0$0
JOAQUIN RUIZBOARD MEMBER (THRU 10/23)
Trustee or director
1$0$0
VITOR DE SOUZABOARD MEMBER (FROM 2/24)
Trustee or director
1$0$0
RANDY STRINGERBOARD MEMBER
Trustee or director
1$0$0
CHRIS TINNEYBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
ROBERT SHELTONPRESIDENT
Officer
40$494,519$78,776
REBECCA BERNSTEINPROJECT SCIENTIST
Highest-paid employee
40$337,161$62,536
JAMES FANSONPROJECT MANAGER (THRU 03/2023)
Key employee
40$327,111$70,707
ALAN GORDONTREASURER / CFO / VP, BUSINESS OPS.
Officer
40$265,862$80,590
WILLIAM BURGETTINTERIM PROJECT MANAGER
Key employee
40$263,610$64,715
GLENN BROSSUSINTERIM DEPUTY PROJECT MANAGER
Highest-paid employee
40$239,113$83,244
FRANK GROARKDEPUTY OPT. & OPTICAL METROLOGY MGR.
Highest-paid employee
40$238,285$79,866
RICK DEMERSWAVEFRONT SENSING & CTRL. MANAGER
Highest-paid employee
40$243,651$59,343
BRUCE BIGELOWSITE, ENCLOSURE, FACILITIES MGR
Highest-paid employee
40$238,048$58,253
JENNIFER ECCLES - INTERIM SEC(10/22-3/23) / VP, DEV. & EX. REL.
Officer
40$233,091$43,316
SARA LEE KELLERSEC. / GEN COUNSEL (THRU 09/2022)
Officer
40$195,569$60,527
WALTER MASSEYCHAIR, BOARD OF DIRECTORS
Trustee or director, Officer
1$0$0
TAFT ARMANDROFFVICE CHAIR, BOARD OF DIRECTORS
Trustee or director, Officer
1$0$0
CHARLES ALCOCKBOARD MEMBER (THRU 07/2022)
Trustee or director
1$0$0
WAYNE ALEXANDERBOARD MEMBER
Trustee or director
1$0$0
JACK BALDAUFBOARD MEMBER
Trustee or director
1$0$0
BUELL JANNUZIBOARD MEMBER
Trustee or director
1$0$0
LISA KEWLEYBOARD MEMBER (FROM 07/2022)
Trustee or director
1$0$0
JOHN MULCHAEYBOARD MEMBER
Trustee or director
1$0$0
CLAUDIA LUCIA MENDES DE OLIVEIRABOARD MEMBER (THRU 10/2022)
Trustee or director
1$0$0
MICHAEL MCCARTHYBOARD MEMBER (THRU 10/2022)
Trustee or director
1$0$0
BYEONG-GON PARKBOARD MEMBER
Trustee or director
1$0$0
SUNG HYUN PARKBOARD MEMBER
Trustee or director
1$0$0
SARAH PEARCEBOARD MEMBER
Trustee or director
1$0$0
JOAQUIN RUIZBOARD MEMBER
Trustee or director
1$0$0
RANDY STRINGERBOARD MEMBER (FROM 10/2022)
Trustee or director
1$0$0
CHRIS TINNEYBOARD MEMBER
Trustee or director
1$0$0
KEVIN MILLS - SEC VP LEGALAFFAIRS / GEN COUNSEL (FROM 04/2023)
Officer
40$0$0

Address and contacts

Address (IRS master file)
300 N LAKE AVE FL 14, PASADENA, CA 91101-4164
In care of
% ALAN GORDON
Principal officer (990 for 2024)
DANIEL JAFFE, 300 NORTH LAKE AVENUE 14TH FLOOR, PASADENA, CA 91101
Signed the 990
ALAN GORDON, CFO
Phone
(626) 204-0544
Return prepared by
GRANT THORNTON ADVISORS LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 26-2637707 or by the name GMTO CORPORATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

GMTO CORPORATION IS A COLLABORATIVE EFFORT BETWEEN UNIVERSITIES AND RESEARCH INSTITUTIONS TO BUILD A NEXT GENERATION EXTREMELY LARGE TELESCOPE FOR ASTRONOMICAL RESEARCH.

990 for the year ended June 30, 2025

Program accomplishments

  • 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, 2025, GMTO RECEIVED OFFICIAL NOTICE FROM THE NATIONAL SCIENCE FOUNDATION THAT THE GMT WAS APPROVED TO ADVANCE INTO THE FINAL DESIGN PHASE. GMTO ALSO CONTINUED ON THE WORK ON ITS PRIMARY MIRROR SEGMENTS AND DESIGN WORK ON MAJOR SUBSYSTEMS, INCLUDING PROTOTYPING, AND UNDERWENT VARIOUS DESIGN REVIEWS.
    Expenses $28,638,095

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-2637707
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$474,102,926
Income (IRS master file)
$46,688,213

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$46,688,213$36,697,172$474,102,926IRS
990June 2024$21,214,460$46,043,471$460,859,174IRS
990June 2023$194,662,618$36,380,093$488,723,180XML
990June 2022$32,220,104$37,165,448$321,703,747IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2637707).

Questions about GMTO CORPORATION

What is the EIN of GMTO CORPORATION?
The employer identification number (EIN) of GMTO CORPORATION is 26-2637707.
Is GMTO CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to GMTO CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GMTO CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GMTO CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GMTO CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of GMTO CORPORATION?
The 990 for the year ended June 30, 2025 names DANIEL JAFFE.
Who are the officers and directors of GMTO CORPORATION?
The 990 for the year ended June 30, 2025 lists 27 people; 10 received compensation from the organization, the highest $518,846 (ROBERT SHELTON, PRESIDENT).
How much revenue does GMTO CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $46,688,213, expenses of $36,697,172 and total assets of $474,102,926 at year end.

Other nonprofits in PASADENA

All nonprofits in PASADENA · California · Science and technology