Asia Society

Organization Overview

Asia Society is located in New York, NY. The organization was established in 1985. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Asia Society employed 167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asia Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Asia Society generated $32.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $28.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Asia Society has awarded 653 individual grants totaling $9,491,658. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SOCIETY IS AN INTERNATIONAL NONPROFIT NONPARTISAN ORGANIZATION, SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

POLICY AND BUSINESS PROGRAM DIVISION - THE ASIA SOCIETY POLICY INSTITUTE HAS BEEN RANKED IN THE TOP 1% OF THINK TANKS AROUND THE WORLD BY THE UNIVERSITY OF PENNSYLVANIA'S THINK TANKS AND CIVIL SOCIETY'S PROGRAM. WITH A PROBLEM-SOLVING MANDATE, THE ASIA SOCIETY POLICY INSTITUTE (ASPI) TACKLES MAJOR POLICY CHALLENGES NOW CONFRONTING THE ASIA-PACIFIC IN SECURITY, PROSPERITY, SUSTAINABILITY, AND THE DEVELOPMENT OF COMMON NORMS AND VALUES FOR THE REGION. FOR MORE INFORMATION, SEE SCHEDULE O.


ART AND CULTURAL PROGRAMS DIVISION - THE SOCIETY'S ART AND CULTURAL PROGRAMS DIVISION EXPLORES THE VITAL EXPRESSIONS OF DIVERSE ASIAN CULTURES THROUGH EXHIBITIONS, PERFORMANCES, FILMS, LECTURES, AND SYMPOSIA. FOR MORE INFORMATION, SEE SCHEDULE O.


EDUCATION AND LEADERSHIP PROGRAMS DIVISION - THE DIVISION SEEKS TO CATALYZE SCHOOL SYSTEMS, SCHOOLS, TEACHERS AND K-12 YOUTH TOWARDS A BETTER UNDERSTANDING OF ASIA AND A MEANS TO EDUCATE THE NEXT GENERATION IN GLOBAL COMPETENCY WITH THE KNOWLEDGE AND SKILLS REQUIRED TO UNDERSTAND AND ACT ON GLOBAL ISSUES. IT DOES THIS BY ADVANCING TRANSFORMATIVE MODELS OF EDUCATION THAT PROMOTE GLOBAL COMPETENCY, FOSTERING GROWTH IN CHINESE LANGUAGE PROGRAMS AND CONVENING PREMIER EDUCATION LEADERS TO SPARK INNOVATIONS THAT PROMOTE GLOBAL COMPETENCE AND HIGH ACHIEVEMENT. FOR MORE INFORMATION, SEE SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Two Tigers Productions Llc
Consulting
$132,000
Stormbreaker Llc
Consulting
$203,550
Universal Services Of America Lp
Security Services
$112,589
Kpmg Llp
Audit And Tax Services
$128,453
Nardello And Co Llc
Legal Services
$114,387
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,076,613
Fundraising events$2,051,252
Related organizations$0
Government grants $3,524,529
All other contributions, gifts, grants, and similar amounts not included above$19,594,175
Noncash contributions included in lines 1a–1f $1,990,507
Total Revenue from Contributions, Gifts, Grants & Similar$26,246,569
Total Program Service Revenue$845,192
Investment income $783,638
Tax Exempt Bond Proceeds $0
Royalties $167,444
Net Rental Income $185,232
Net Gain/Loss on Asset Sales $3,966,649
Net Income from Fundraising Events $34,894
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $40,108
Miscellaneous Revenue$0
Total Revenue $32,268,981

Grants Awarded

Over the last fiscal year, Asia Society has awarded $323,544 in support to 5 organizations.

Grant RecipientAmount

THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

Org PageRecipient Profile

Redwood City, CA

PURPOSE: JOINT RESEARCH PROJECT ON CHINA'S QUEST TO CONTROL DATA AND PRIVATE CORPORATION

$200,000

UNIVERSITY OF CALIFORNIA REGENTS

Org PageRecipient Profile

La Jolla, CA

PURPOSE: TASK FORCE ON US-CHINA POLICY

$100,000

WEST ORANGE PUBLIC SCHOOLS

PURPOSE: CHINESE LANGUAGE TEACHING AND LEARNING

$10,000

LAKE FOREST HIGH SCHOOL DISTRICT 115

PURPOSE: CHINESE LANGUAGE TEACHING AND LEARNING

$6,772

LAKE FOREST SCHOOL DISTRICT 67

PURPOSE: CHINESE LANGUAGE TEACHING AND LEARNING

$6,772
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 71 grants that Asia Society has recieved totaling $7,928,360.

Awarding OrganizationAmount
Stephen A Schwarzman Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$2,451,530
William & Flora Hewlett Foundation

Menlo Park, CA

PURPOSE: FOR IMPROVING EQUITY AND DISMANTLING RACIALIZED OPPRESSION IN EDUCATION SYSTEMS

$517,214
Open Society Institute

New York, NY

PURPOSE: TO SUPPORT THE GRANTEES RESEARCH ON SECURITY ISSUES IN EAST ASIA

$368,000
Open Society Institute

New York, NY

PURPOSE: TO SUPPORT GRANTEE'S RESEARCH PROJECT ON TECHNOLOGY AND INNOVATION IN EAST ASIA

$320,000
Queens Road Foundation Inc

PURPOSE: GENERAL SUPPORT

|

$315,020
Shoreland Foundation Inc

Lloyd Harbor, NY

PURPOSE: GENERAL PROGRAM

$285,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$94,301,820
Earnings-$11,728,747
Other Expense$4,862,676
Ending Balance$77,710,397

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