Anne Labruzzo

About Anne Labruzzo

As a CPA and a nonprofit leader, I have over 30 years of experience in managing the finances, risks, and strategies of various organizations, including research and development, higher education, and astronomy. I am currently the CFO at Lowell Observatory, a renowned astronomical research and education institution that pursues the study of the solar system and its evolution, and shares the results with the public.In my role, I oversee a $20M budget, manage audits, report on financial performance and impact, and ensure compliance with relevant regulations and standards. I also secure and administer multiple sources of funding, such as grants, loans, and endowments, to support the mission and vision of Lowell Observatory. Some of my notable achievements include obtaining and managing over $6M in federal relief funds during the pandemic, securing a $14M construction loan, and creating and executing a financial system for a $50M fundraising initiative for a capital campaign. I am passionate about enabling and facilitating the advancement of astronomical knowledge and discovery, and impacting positive business outcomes.

Experience

1. Chief Financial Officer

   Lowell Observatory

   Jun 2015 — Present · Flagstaff, AZ, US

   Contributes to the development, administration, and thought leadership regarding operational and financial goals, objectives, and procedures. Supervises support staff and coordinates efforts with financial and legal professionals. Administers $20M budget, performs audits, and reports any variances. Creates and reviews profit and loss statements, balance sheets, general ledger, cash flow, and sustainability reports regarding economic, environmental, and social impacts of company activities.• Drafted and secured two Paycheck Protection Program funding applications worth $2.7M, obtained a $2M Economic Injury Disaster Loan and procured $2M in Employee Retention Credits.• Executed a chart of accounts, policies, and processes to comprehensively track financial transactions, including gifts and grants, of a $50M fund-raising initiative.• Integral part of executive leadership strategically planning for 40% growth over the next 8 years.

Education

• California State University, Northridge

  Bachelor of Science, Business Administration and Accounting