Aerospace Corporation in El Segundo, California (CA)

Aerospace Corporation
Employer Identification Number (EIN)	952102389
Name of Organization	Aerospace Corporation
In Care of Name	Payroll Dept
Address	2310 E El Segundo Blvd, El Segundo, CA 90245-4609
Activities	Scientific research for government, Contact or sponsored scientific research for industry, Other scientific research activities
Subsection	Scientific Organization
Ruling Date	10/1961
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	09/2013
Assets	$50,000,000 to greater
Income	$50,000,000 to greater
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$619,029,701
Amount of Income	$870,614,753
Form 990 Revenue Amount	$870,614,753
National Taxonomy of Exempt Entities (NTEE)	Science and Technology Research Institutes, Services: Physical Sciences, Earth Sciences Research and Promotion

Non-representatives - add comments:

Amount of income in 2013: $870,614,753

Aerospace Corporation:	$870,614,753
Other organizations performing similar types of work:	$12,034,892

Assets in 2013: $619,029,701

Aerospace Corporation:	$619,029,701
Other organizations performing similar types of work:	$27,357,850

Expenses in 2013: $870,376,550

Aerospace Corporation:	$870,376,550
Other organizations performing similar types of work:	$9,224,643

Income to expenses ratio in 2013: 1.0

Aerospace Corporation:	1.0
Other organizations performing similar types of work:	1.1

Expenses allocated to program services in 2007: 94.3%

Aerospace Corporation:	94.3%
Other organizations performing similar types of work:	85.6%

Number of employees in 2013: 4,164

Aerospace Corporation:	4,164
Other organizations performing similar types of work:	92

Employees paid over $100,000 in 2013: 2.6%

Aerospace Corporation:	2.6%
Other organizations performing similar types of work:	0.0%

Grants share in income in 2013: 0.0%

Aerospace Corporation:	0.0%
Other organizations performing similar types of work:	59.3%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

	2012	2013
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	No	No
Is the organization required to complete Schedule B, Schedule of Contributors?	No	No
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	No	No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?	No	No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?	No	No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	No	No
Did the organization report an amount for land, buildings, and equipment?	Yes	Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	No	No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	No
Did the organization report an amount for other assets that is 5% or more of its total assets?	Yes	Yes
Did the organization report an amount for other liabilities?	Yes	Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?	Yes	No
Did the organization obtain separate, independent audited financial statements for the tax year?	Yes	Yes
Was the organization included in consolidated, independent audited financial statements for the tax year?	No	No
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	No	No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	No	No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	No	No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	No	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No
Did the organization operate one or more hospital facilities?	No	No
Did the organization attach a copy of its audited financial statements?	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	Yes	Yes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	Yes	Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?	No	No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	No	No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	Yes	No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	Yes	Yes
A family member of a current or former officer, director, trustee, or key employee?	No	No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?	Yes	Yes
Did the organization receive more than $25,000 in non-cash contributions?	No	No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	No	No
Was the organization related to any tax-exempt or taxable entity?	No	No
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	No	No
Did the organization make any transfers to an exempt non-charitable related organization?	No	No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?	No	No

	2011	2012	2013
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096		306	291
The number of Forms W-2G		0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?		Yes	Yes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return		4,684	4,164
Did the organization file all required federal employment tax returns?		Yes	Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?	Yes	Yes	Yes
Has it filed a Form 990-T for this year?		Yes	No
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?		No	No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?		No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?		No	No
Did the organization file Form 8886-T?		No	No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?		No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?		No	No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?		No	No
Did the organization notify the donor of the value of the goods or services provided?		No	No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?		No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?		No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?		No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?		No	No
Did the sponsoring organization make any taxable distributions under section 4966?		No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?		No	No
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0
Gross income from other sources	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?		No	No
The amount of tax-exempt interest received or accrued during the year		$0	$0
Is the organization licensed to issue qualified health plans in more than one state?		No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans		$0	$0
The amount of reserves on hand		$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?		No	No
Has it filed a Form 720 to report these payments?		No	No

	2012	2013
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$10,019,213	$14,095,888
Total reportable compensation from related organizations	$0	$0
Total estimated amount of other compensation from the organization and related organizations	$5,330,789	$4,909,870
Total number of individuals who received more than $100,000 of reportable compensation from the organization	2,578	29
Total number of independent contractors who received more than $100,000 of compensation from the organization	96	78

	2011	2012	2013
Statement of Revenue
Total revenue	$943,240,169	$906,199,759	$870,614,753
Contributions, Gifts, Grants and Other Similar Amounts	$0	$0	$0
Program Service Revenue	$939,307,809	$903,443,004	$868,561,877
541700		$903,443,004	$868,561,877
All other program service revenue		$0	$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$1,375,146	$71,987	$26,396
Income from investment of tax-exempt bond proceeds	$0	$0	$0
Royalties	$287,224	$0	$61,057
Net rental income	$0	$0	$0
Net gain/loss from sales of assets other than inventory	$0	$0	$0
Net income/loss from fundraising events	$0	$0	$0
Net income/loss from gaming activities	$0	$0	$0
Net income/loss from sales of inventory	$0	$0	$0
Miscellaneous Revenue	$2,269,990	$2,684,768	$1,965,423
0		$12,269	$9,544
0		$2,287,108	$1,912,299
0		$385,391	$43,580
All other revenue		$0	$0

	2011	2012	2013
Statement of Functional Expenses
Total functional expenses	$933,143,248	$901,624,145	$870,376,550
Grants and other assistance to domestic organizations and domestic governments		$0	$0
Grants and other assistance to domestic individuals		$404,451	$297,793
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals		$0	$0
Benefits paid to or for members		$0	$0
Compensation of current officers, directors, trustees, and key employees	$14,468,316	$14,114,189	$15,991,373
Compensation not included above, to disqualified persons		$0	$0
Other salaries and wages	$531,224,964	$520,356,193	$503,555,970
Pension plan accruals and contributions		$110,376,278	$103,958,864
Other employee benefits		$44,850,625	$41,677,585
Payroll taxes	$32,598,822	$32,984,085	$31,277,384
Fees for services (non-employees)
Management		$0	$0
Legal		$1,590,092	$1,608,455
Accounting		$669,184	$595,107
Lobbying		$0	$0
Professional fundraising services	$0	$0	$0
Investment management fees		$1,419,778	$1,503,087
Other		$628,089	$237,959
Advertising and promotion		$403,878	$397,142
Office expenses		$10,949,428	$11,625,320
Information technology		$22,627,000	$31,193,758
Royalties		$62,732	$44,751
Occupancy		$29,585,911	$30,572,569
Travel		$26,043,958	$21,648,388
Payments of travel or entertainment expenses for any federal, state, or local public officials		$0	$0
Conferences, conventions, and meetings		$2,656,448	$2,285,156
Interest		$6,387,568	$4,818,022
Payments to affiliates		$0	$0
Depreciation, depletion, and amortization		$39,503,881	$35,958,956
Insurance		$1,029,058	$763,097
Other expenses		$4,086,050	$3,273,094
Other expenses		$4,247,208	$3,932,197
Other expenses		$5,595,911	$4,703,178
Other expenses		$21,052,150	$18,457,345

	2011	2012	2013
Balance Sheet
Total assets	$540,601,788	$568,339,894	$619,029,701
Cash - non-interest-bearing		$3,000	$0
Savings and temporary cash investments		$43,385,779	$40,199,948
Pledges and grants receivable, net		$0	$0
Accounts receivable, net		$39,121,821	$43,663,825
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees		$59,000	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations		$0	$0
Notes and loans receivable, net		$0	$0
Inventories for sale or use		$0	$0
Prepaid expenses and deferred charges		$7,913,575	$8,934,326
Land, buildings, and equipment: cost or other basis		$431,172,776	$487,932,606
Investments - publicly traded securities		$0	$0
Investments - other securities		$0	$0
Investments - program-related		$0	$0
Intangible assets		$0	$0
Other assets		$46,683,943	$38,298,996
Total liabilities	$767,540,965	$873,366,457	$746,881,061
Accounts payable and accrued expenses		$94,296,424	$101,822,061
Grants payable		$0	$0
Deferred revenue		$0	$0
Tax-exempt bond liabilities	$0	$0	$0
Escrow or custodial account liability		$0	$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons		$0	$0
Secured mortgages and notes payable to unrelated third parties	$146,716,666	$158,833,333	$172,250,000
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)		$620,236,700	$472,809,000
Total net assets or fund balances	$-226,939,177	$-305,026,563	$-127,851,360
Unrestricted net assets		$-305,026,563	$-127,851,360
Temporarily restricted net assets		$0	$0
Permanently restricted net assets		$0	$0
Capital stock or trust principal, or current funds		$0	$0
Paid-in or capital surplus, or land, building, or equipment fund		$0	$0
Retained earnings, endowment, accumulated income, or other funds	$0	$0	$0

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
Public Support	$4,491,238
Subtotal Support	$4,491,238
Gifts, grants, contributions, and membership fees received	$4,491,238
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support	$0
Total Support	$4,505,906
Public Support	$4,491,238
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$14,607
Net income from unrelated business activities, whether or not the business is regularly carried on	$61
Other income. Do not include gain or loss from the sale of capital assets	$0
Gross receipts from related activities, etc.	$0

	2000	2001	2002	2003	2004	2005	2006	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$482,931,915	$507,258,808	$583,968,691	$598,334,013	$666,358,261	$724,422,586	$799,239,657	$843,553,348
Contributions, gifts, grants, and similar amounts received	$0	$0	$0	$0	$0	$0	$0	$0
Contributions to donor advised funds							$0	$0
Direct public support	$0	$0	$0	$0	$0	$0	$0	$0
Indirect public support	$0	$0	$0	$0	$0	$0	$0	$0
Government contributions (grants)	$0	$0	$0	$0	$0	$0	$0	$0
Program service revenue including government fees and contracts	$475,549,780	$506,338,900	$581,196,913	$595,136,446	$663,450,512	$719,666,223	$789,606,165	$838,601,042
Membership dues and assessments	$0	$0	$0	$0	$0	$0	$0	$0
Interest on savings and temporary cash investments	$398,529	$146,764	$168,242	$150,524	$443,589	$814,234	$1,298,536	$1,068,824
Dividends and interest from securities	$0	$0	$0	$0	$0	$1,823,299	$4,104,421	$2,773,882
Net rental income or (loss)	$0	$0	$0	$0	$0	$0	$0	$0
Gross rents	$0	$0	$0	$0	$0	$0	$0	$0
Less: rental expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$0	$0	$0	$0	$0	$0	$0	$0
Gross amount from sales of assets other than inventory	$0	$0	$0	$0	$0	$0	$0	$0
Less: cost or other basis and sales expenses	$0	$0	$0	$0	$0	$0	$0	$0
Net income or (loss) from special events and activities	$0	$0	$0	$0	$0	$0	$0	$0
Gross revenue	$0	$0	$0	$0	$0	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0	$0	$0	$0	$0	$0
Gross profit or (loss) from sales of inventory	$0	$0	$0	$0	$0	$0	$0	$0
Gross sales of inventory, less returns and allowances	$0	$0	$0	$0	$0	$0	$0	$0
Less: cost of goods sold	$0	$0	$0	$0	$0	$0	$0	$0
Other revenue	$6,983,606	$773,144	$2,603,536	$3,047,043	$2,464,160	$2,118,830	$4,230,535	$1,109,600
Total expenses	$468,706,250	$495,751,064	$544,330,734	$568,228,357	$629,101,642	$685,805,093	$757,167,953	$822,374,024
Program services	$430,869,016	$459,836,256	$505,187,695	$529,115,863	$584,249,987	$644,239,080	$715,881,484	$775,459,232
Management and general	$37,837,234	$35,914,808	$39,143,039	$39,112,494	$44,851,655	$41,566,013	$41,286,469	$46,914,792
Fundraising	$0	$0	$0	$0	$0	$0	$0	$0
Payments to affiliates	$0	$0	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$97,353,267	$6,725,011	$20,033,968	$-33,350,376	$35,856,243	$53,878,736	$55,154,440	$76,178,764
Excess or (deficit) for the year	$14,225,665	$11,507,744	$39,637,957	$30,105,656	$37,256,619	$38,617,493	$42,071,704	$21,179,324
Net assets or fund balances at beginning of year	$84,025,602	$97,353,267	$6,725,011	$20,033,968	$-33,350,376	$35,856,243	$53,878,736	$55,154,440
Other changes in net assets or fund balances	$-898,000	$-102,136,000	$-26,329,000	$-83,490,000	$31,950,000	$-20,595,000	$-40,796,000	$-155,000

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$822,374,024	$775,459,232	$46,914,792	$0
Grants paid from donor advised funds		$0
Other grants and allocations		$250,715
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$5,646,494	$2,829,404	$2,817,090	$0
Compensation of former officers, directors, key employees, etc.	$121,933	$121,933	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$509,539,905	$488,667,542	$20,872,363	$0
Pension plan contributions not included above	$29,921,000	$25,305,581	$4,615,419	$0
Employee benefits not included above	$44,081,830	$42,321,916	$1,759,914	$0
Payroll taxes	$30,180,244	$28,968,191	$1,212,053	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$0	$0	$0	$0
Legal fees	$4,186,079	$635,843	$3,550,236	$0
Supplies	$6,274,815	$6,101,631	$173,184	$0
Telephone	$5,116,781	$4,922,277	$194,504	$0
Postage and shipping	$890,251	$759,733	$130,518	$0
Occupancy	$28,296,292	$27,223,570	$1,072,722	$0
Equipment rental and maintenance	$13,043,896	$12,340,533	$703,363	$0
Printing and publications	$2,186,927	$1,546,199	$640,728	$0
Travel	$31,061,402	$30,524,909	$536,493	$0
Conferences, conventions, and meetings	$1,015,343	$561,269	$454,074	$0
Interest	$91,044	$0	$91,044	$0
Depreciation, depletion, etc.	$36,641,463	$34,510,276	$2,131,187	$0
Other expenses not covered above	$73,827,610	$67,867,710	$5,959,900	$0

	2000	2001	2002	2003	2004	2005	2006	2007
Balance Sheets
Total assets	$212,516,026	$217,058,350	$223,989,592	$241,278,250	$282,628,420	$405,350,335	$420,229,205	$467,046,976
Cash - non-interest-bearing	$92,491	$18,050	$5,500	$5,250	$4,000	$4,000	$3,500	$3,500
Savings and temporary cash investments	$5,944,840	$15,349,726	$8,455,067	$17,060,612	$19,469,164	$114,184,551	$102,167,441	$73,581,494
Accounts receivable less allowance for doubtful accounts	$38,573,808	$36,878,052	$46,302,315	$47,940,122	$51,074,684	$52,809,108	$57,684,206	$56,689,188
Pledges receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0	$0
Grants receivable	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)							$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0	$0
Inventories for sale or use	$0	$0	$0	$0	$0	$0	$0	$0
Prepaid expenses and deferred charges	$25,744,889	$13,125,266	$11,243,238	$11,784,612	$27,983,161	$30,232,796	$18,126,316	$12,646,041
Investments - publicly-traded securities							$0	$0
Investments - other securities	$0	$0	$0	$0	$0	$0	$0	$0
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0	$0	$0	$0	$0	$0	$0
Investments - other	$0	$13,014,583	$15,817,427	$18,137,101	$0	$0	$27,528,314	$24,234,051
Land, buildings, and equipment less accumulated depreciation	$119,496,782	$132,220,344	$137,410,669	$143,307,617	$161,811,323	$183,558,396	$213,735,374	$299,295,080
Other assets, including program-related investments	$22,663,216	$6,452,329	$4,755,376	$3,042,936	$22,286,088	$24,561,484	$984,054	$597,622
Total liabilities	$115,162,759	$210,333,339	$203,955,624	$274,628,626	$246,772,177	$351,471,599	$365,074,765	$390,868,212
Accounts payable and accrued expenses	$98,280,759	$184,827,031	$179,313,624	$247,855,626	$217,459,177	$219,065,010	$229,239,895	$213,365,143
Grants payable	$0	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$0	$0	$0	$0	$0	$0	$0	$0
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$0	$0	$0	$0	$0
Mortgages and other notes payable	$0	$4,992,308	$0	$0	$0	$100,000,000	$100,000,000	$129,883,333
Other liabilities	$16,882,000	$20,514,000	$24,642,000	$26,773,000	$29,313,000	$32,406,589	$35,834,870	$47,619,736
Total liabilities and net assets/fund balances	$212,516,026	$217,058,350	$223,989,592	$241,278,250	$282,628,420	$405,350,335	$420,229,205	$467,046,976
Total net assets or fund balances	$97,353,267	$6,725,011	$20,033,968	$-33,350,376	$35,856,243	$53,878,736	$55,154,440	$76,178,764

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$482,931,915	$507,258,808	$583,968,691	$598,334,013	$666,358,261	$724,422,586	$799,239,657	$843,553,348
Total revenue, gains, and other support per audited financial statements	$482,931,915	$507,258,808	$583,968,691	$597,629,000	$666,358,261	$724,422,586	$799,239,657	$843,553,348
Other expenses	$0	$0	$0	$0	$0	$0	$0	$0
Net unrealized gains on investments	$0	$0	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$705,013	$0	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$705,013	$0	$0	$0	$0

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$468,706,250	$495,751,064	$544,330,734	$568,228,357	$629,101,642	$685,805,093	$757,167,953	$822,374,024
Total expenses and losses per audited financial statements	$468,706,250	$495,751,064	$544,330,734	$567,523,344	$629,101,642	$685,805,093	$757,167,953	$822,374,024
Other revenue	$0	$0	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$0
Other expenses	$0	$0	$0	$705,013	$0	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$705,013	$0	$0	$0	$0

Average hours per week devoted to position	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Current Officers, Directors, Trustees, and Key Employees
40	$122,750	$0	$3,609
40	$111,406	$0	$3,025
40	$113,784	$0	$3,937
40	$102,891	$0	$17,198
40	$312,423	$0	$38,797
40	$291,767	$0	$9,744
40	$113,363	$0	$2,941
40	$305,529	$0	$9,019
40	$394,537	$0	$10,821
40	$454,231	$0	$7,535
40	$440,650	$0	$2,967
40	$305,896	$0	$8,755
40	$325,916	$0	$16,309
40	$324,969	$0	$10,811
40	$107,740	$0	$2,618
40	$340,079	$0	$7,528
40	$248,869	$0	$4,811
40	$334,864	$0	$7,837
40	$443,330	$0	$30,990
2	$24,000	$0	$0
2	$28,500	$0	$0
2	$30,000	$0	$0
2	$6,500	$0	$0
2	$18,000	$0	$0
2	$25,000	$0	$0
2	$19,500	$0	$0
2	$25,000	$0	$0
2	$28,000	$0	$0
2	$5,000	$0	$0
2	$29,000	$0	$0
2	$21,000	$0	$0
2	$7,500	$0	$0
2	$21,500	$0	$0
2	$27,000	$0	$0
2	$22,500	$0	$0
2	$8,500	$0	$0
2	$42,500	$0	$0
2	$24,500	$0	$0
2	$15,000	$0	$0
2	$23,000	$0	$0

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	21
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	Yes

Loans and Advances	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits
$0	$60,934	$0	$0
$0	$51,862	$0	$0
$0	$9,137	$0	$0

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	No
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	No
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	0

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$0		$4,952,306	$838,601,042
Program service revenue
Program service revenue 1	000000	$0	00	$0	$838,601,042
Program service revenue 2	000000	$0	00	$0	$0
Program service revenue 3	000000	$0	00	$0	$0
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$1,068,824	$0
Dividends and interest from securities	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$2,773,882	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	00	$0	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$1,109,600	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$228,506	$0	$93,664
$233,541	$0	$87,283
$299,963	$0	$1,171
$218,413	$0	$77,086
$160,935	$0	$130,554

Total number of other employees paid over $50,000	3,806

Total number of other employees paid over $50,000

3,806

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	No
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Not controlled by disqualified persons/supports non private foundation
Type of supporting organization	4

Employer identification number (EIN)	Is the supported organization listed in the supporting organization's governing documents?	Amount of support
Information about the supported organizations
931175599	Yes	$0
Total		$0

	1999	2000	2001	2002	2003	2004	2005	2006
Support Schedule
Total	$0	$0	$0	$0	$0	$0	$0	$0
Gifts, grants, and contributions received	$0	$0	$0	$0	$0	$0	$0	$0
Membership fees received	$0	$0	$0	$0	$0	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$0	$0	$0	$0	$0	$0	$0	$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$0	$0	$0	$0	$0	$0	$0	$0
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0	$0	$0
Other income	$0	$0	$0	$0	$0	$0	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Aerospace Corporation	2310 E El Segundo Blvd, El Segundo, CA 90245-4609	CA	1961-10	$870,614,753
2	University Corporation For Atmospheric Research	PO BOX 3000, Boulder, CO 80307-3000	CO	1962-10	$237,175,935
3	Universities Space Research Association	7178 Columbia Gateway Drive, Columbia, MD 21046-2581	MD	1969-10	$105,609,054
4	Gas Research Institute	1700 S Mount Prospect Road, Desplaines, IL 60018-1804	IL	1977-02	$39,877,097
5	American Geophysical Union	2000 Florida Avenue Nw, Washington, DC 20009-1231	DC	1972-12	$38,511,061
6	American Institute Of Aeronautics And Astronautics, American Institute Of Aeronautics Carolina Section	5400 International Blvd Mc7830-Ne51, Charleston, SC 29418-6938	SC	1954-08	$30,014,859
7	Academy Of Natural Sciences Of Philadelphia	3201 Arch St Ste 400, Philadelphia, PA 19104-2755	PA	1928-12	$26,979,650
8	Woods Hole Research Center Inc	149 Woods Hole Rd, Falmouth, MA 02540-1644	MA	1991-10	$12,796,501
9	Great Lakes Museum Of Science Environment And Technology	601 Erieside Ave, Cleveland, OH 44114-1021	OH	1993-11	$12,034,892
10	American Center For Physics Inc	1 Physics Ellipse, College Park, MD 20740-3843	MD	1991-10	$6,728,084
11	John B Pierce Laboratory Inc	290 Congress Ave, New Haven, CT 06519-1403	CT	1940-05	$5,568,497
12	Commonwealth Scientific And Industrial Research Organization	Canberra Act 2602, Australia	international	1992-01	$1,180,211
13	Ecosystem Recovery Institute Inc	PO BOX 249, Freeland, MD 21053	MD	1991-08	$38,652
14	Cetos Research Organization	11 Des Isle Ave, Bar Harbor, ME 04609-1710	ME	2004-07	$35,515
15	Ndsu Research & Technology Park Inc	1854 Ndsu Research Circle North, Fargo, ND 58102-5706	ND	2000-04	$3,347,321
16	Ibio Institute	65 E Wacker Pl Ste 1600, Chicago, IL 60601-7242	IL	2004-03	$1,414,269
17	Boulder Center For Science And Policy	Po Box 121, Olney Springs, CO 81062	CO	1986-10	$0
18	Caret Inc, The Advan Of Renewable Technology	4091 Park Ave, Miami, FL 33133-6351	FL	2001-04	$0
19	Rock Wall Foundation Inc	2515 Willowbrook Rd Ste 109, Dallas, TX 75220-4435	TX	2000-06	$0
20	Sirius Weather Group Inc, Weathermatrix	2948 Raking Leaf Dr, Abingdon, MD 21009-2643	MD	2005-03	$0

Number of organizations performing similar types of work

California	1
Colorado	3
Connecticut	1
District of Columbia	1
Florida	1
Illinois	2
Massachusetts	1
Maryland	4

Maine	1
North Dakota	1
Ohio	1
Pennsylvania	1
South Carolina	1
Texas	1
International	1

Total

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