It lies at a distance of about 6,000 light-years from Earth.
As the constellation Cygnus is located in the plane of our Milky Way it hosts a lot of interesting objects including Cygnus X-1 which is a strong galactic X-ray source and is assumed to be a stellar sized black hole, check the annotated version of this image for more info.
|Name||SH2-101 The Tulip Nebula|
|Right ascension||20h 00m 29s|
|Declination||+35° 19′ 14″|