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International : International Peace, Security, and Affairs

Asia Society

Preparing Asians and Americans for a shared future

83.87

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
Kevin Rudd
President, CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 83.87
  Financial 77.55
  Accountability & Transparency 96.00
This rating was published 12/01/2021 and includes data from FY2020, 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.

Financial

77.55

Accountability & Transparency

96.00

This rating was published 12/01/2021 and includes data from FY2020, 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)
71.7%
  Administrative Expenses 18.5%
  Fundraising Expenses 9.7%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 3.08
  Program Expenses Growth -1.7%
  Liabilities to Assets 20.4%
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

REVENUE  
Contributions  
   Contributions, Gifts & Grants $22,641,803
   Federated Campaigns $0
   Membership Dues $1,037,933
   Fundraising Events $1,410,031
   Related Organizations $0
   Government Grants $130,664
Total Contributions $25,220,431
   Program Service Revenue $993,600
Total Primary Revenue $26,214,031
   Other Revenue $4,822,132
TOTAL REVENUE $31,036,163
   
EXPENSES  
   Program Expenses $21,918,173
   Administrative Expenses $6,725,559
   Fundraising Expenses $2,944,850
TOTAL FUNCTIONAL EXPENSES $31,588,582
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-552,419
   
Net Assets $97,732,897

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 $7,449,333 34.0%
Art and Culture Programs Division $5,710,047 26.1%
Education and Leadership Division $4,126,266 18.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2020-06 12/01/2021 83.87
2019-06 11/01/2020 84.98
2018-06 09/03/2019 84.51
2017-06 12/01/2018 85.53
2016-06 12/22/2017 83.13
2015-06 11/01/2016 82.07
2014-06 06/01/2016 89.32
 
CN 2.0
2014-06 12/01/2015 91.55
2013-06 12/22/2014 90.90
2012-06 11/01/2013 79.39
2011-06 09/01/2012 77.13
2010-06 09/20/2011 79.27
 
CN 1.0
2009-06 11/01/2010 86.46
2008-06 02/01/2010 94.42
2007-06 04/01/2009 89.34
2006-06 11/01/2007 74.78
2005-06 11/01/2006 69.16
2004-06 11/01/2005 79.79
2003-06 10/01/2004 69.34
2002-06 10/01/2003 84.08

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
$944,178 2.98% Josette M. Sheeran President & CEO
Other Salaries of Note
$981,819 3.10% Kevin M. Rudd President

Highly Rated

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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

Kevin Rudd
President, CEO

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