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International : International Peace, Security, and Affairs

Asia Society

Preparing Asians and Americans for a shared future

three stars

84.51

725 Park Avenue New York, NY 10021
tel: (212) 288-6400   Web Site
EIN: 13-3234632

Board Leadership
Chan Heng & John L. Thornton
Co-Chairs

CEO
Josette Sheeran
President, CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 84.51 three stars
  Financial 78.47 two stars
  Accountability & Transparency 96.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1956 by John D. Rockefeller 3rd, the Asia Society is the leading global and pan-Asian organization working to strengthen relationships and promote understanding among the people, leaders, and institutions of the United States and Asia. We seek to increase knowledge and enhance dialogue, encourage creative expression, and generate new ideas across the fields of policy, business, education, arts, and culture. The Society today is a global institution - with offices throughout the US and Asia - that fulfills its educational mandate through a wide range of cross-disciplinary programming. The Society's programs address Asian American issues, the effects of globalization, and pressing concerns in Asia including human rights, the status of women, and environmental and global health issues such as HIV/AIDS.

Founded in 1956 by John D. Rockefeller 3rd, the Asia Society is the leading global and pan-Asian organization working to strengthen relationships and promote understanding among the people, leaders, and institutions of the United States and Asia. We seek to increase knowledge and enhance dialogue, encourage creative expression, and generate new ideas across the fields of policy, business, education, arts, and culture. The Society today is a global institution - with offices throughout the US and Asia - that fulfills its educational mandate through a wide range of cross-disciplinary programming. The Society's programs address Asian American issues, the effects of globalization, and pressing concerns in Asia including human rights, the status of women, and environmental and global health issues such as HIV/AIDS.

Impact Information

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Financial

two stars

78.47

Accountability & Transparency

four stars

96.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
73.0%
  Administrative Expenses 16.5%
  Fundraising Expenses 10.3%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 1.21
  Program Expenses Growth -1.1%
  Liabilities to Assets 17.1%
All data for Financial Performance Metrics calculations was provided by Asia Society on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Asia Society on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Asia Society (NY) 84.51 three stars
American Council on Germany (NY) 93.12 four stars
American Institute for Contemporary German Studies (DC) 86.76 three stars
The Ireland Funds America (MA) 91.16 four stars
The Chicago Council on Global Affairs (IL) 91.64 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $25,795,504
   Federated Campaigns $0
   Membership Dues $1,351,072
   Fundraising Events $3,031,327
   Related Organizations $0
   Government Grants $341,154
Total Contributions $30,519,057
   Program Service Revenue $1,342,013
Total Primary Revenue $31,861,070
   Other Revenue $5,673,876
TOTAL REVENUE $37,534,946
   
EXPENSES  
   Program Expenses $22,462,674
   Administrative Expenses $5,339,751
   Fundraising Expenses $3,052,784
TOTAL FUNCTIONAL EXPENSES $30,855,209
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,679,737
   
Net Assets $98,851,335

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Policy and Business Program Division $7,257,962 32.3%
Art and Culture Programs Division $5,701,870 25.4%
Education and Leadership Division $5,065,779 22.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 09/03/2019 84.51 three stars
2017-06 12/01/2018 85.53 three stars
2016-06 12/22/2017 83.13 three stars
2015-06 11/01/2016 82.07 three stars
2014-06 06/01/2016 89.32 three stars
 
CN 2.0
2014-06 12/01/2015 91.55 four stars
2013-06 12/22/2014 90.90 four stars
2012-06 11/01/2013 79.39 two stars
2011-06 09/01/2012 77.13 two stars
2010-06 09/20/2011 79.27 two stars
 
CN 1.0
2009-06 11/01/2010 86.46 three stars
2008-06 02/01/2010 94.42 four stars
2007-06 04/01/2009 89.34 three stars
2006-06 11/01/2007 74.78 two stars
2005-06 11/01/2006 69.16 one star
2004-06 11/01/2005 79.79 two stars
2003-06 10/01/2004 69.34 one star
2002-06 10/01/2003 84.08 three stars
2001-06 10/15/2002 94.45 four stars
2000-06 04/15/2002 81.54 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3234632
Name in IRS Master File ASIA SOCIETY
NTEE Code Q20
NTEE Classification Promotion of International Understanding
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (93) Cultural exchanges with foreign country
(94) Genealogical activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1985
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$884,596 2.86% Josette Sheeran President & CEO
Other Salaries of Note
$171,153 0.55% Jonathan Karp Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Asia Society (NY) 84.51 three stars
The Ireland Funds America (MA) 91.16 four stars
The Atlantic Council of the United States (DC) 94.74 four stars
National Committee on United States-China Relations (NY) 85.18 three stars
American Council on Germany (NY) 93.12 four stars

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Charity Contact Info

Asia Society
725 Park Avenue
New York, NY 10021
tel: (212) 288-6400
fax: (212) 517-8315
EIN: 13-3234632

Visit Web Site

Board Leadership

Chan Heng & John L. Thornton
Co-Chairs

CEO

Josette Sheeran
President, CEO

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