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Asia Society Texas Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030433949 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Asia Society Texas Center?

The Asia Society Texas Center (ASTC) is a nonprofit organization situated in Houston, Texas, specifically at 1370 Southmore, dedicated to fostering mutual understanding and strengthening partnerships between Asia and the United States. ASTC achieves this mission through various programs, primarily focusing on performing arts, culture, food, film, literature, music, and theatre. These offerings celebrate the richness of Asian cultures, encouraging curiosity, empathy, and a broader understanding of our community and the world. Many of these annual events are presented in collaboration with renowned cultural organizations in Houston. As an educational organization, ASTC delves into various fields, including performing arts, visual arts, education and outreach, business and policy. It aims to provide insights, generate ideas, and promote collaboration to tackle current challenges and shape a shared future. ASTC operates as a separate 501(C)(3) organization, maintaining an affiliation with Asia Society, a global network. As of the provided information, ASTC employs approximately 33 individuals.


Official website here: www.asiasociety.org/texas

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Asia Society Texas Center has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exemplary performance in accountability and finance. The score is based entirely on a comprehensive evaluation of the organization’s financial practices and governance, showcasing its commitment to transparency and responsible management of resources.

The organization boasts an independent board of directors, all members being independent, which speaks to the integrity and oversight of its operations. With no material diversions of assets and a strong focus on program expenses, Asia Society Texas Center demonstrates fiscal responsibility, allocating nearly 88% of its expenses directly to programs. The organization’s fundraising efficiency is also commendable, with minimal costs incurred to raise each dollar.

However, while the financial metrics are outstanding, there are no noted limitations in the data presented. This clean record suggests that Asia Society Texas Center operates with high standards of accountability and efficiency, making it a trustworthy choice for potential donors and supporters looking to contribute to impactful educational and cultural initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Asia Society Texas Center legitimate?

Asia Society Texas Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asia Society Texas Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $789,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $848,183

For more financial information, click here


Official website here: www.asiasociety.org/texas

What is the mission statement of Asia Society Texas Center?

The Asia Society Texas Center (ASTC) serves as an educational organization, dedicated to fostering mutual understanding and strengthening partnerships between Asia and the United States. Across the domains of performing arts, visual arts, education and outreach, business and policy, ASTC offers insights, generates ideas, and encourages collaboration to tackle current challenges and shape a shared future. Operating as a separate 501(c)(3) organization, ASTC has an affiliate relationship with Asia Society, a global network.

In the realm of performing arts and culture, ASTC showcases the vibrancy of Asian cultures through traditional and contemporary arts, aiming to spark curiosity, empathy, and a better understanding of our community and the world. Many of these annual offerings are presented in collaboration with esteemed cultural organizations in Houston, such as Miller Outdoor Theatre, AARP, LNPRINT, OCA of Greater Houston, Houston Cinema Arts Festival, and The Museum of Fine Arts Houston.


Official website here: www.asiasociety.org/texas

Who is the CEO of Asia Society Texas Center?

Edward D Allen Iii is the Treasurer of Asia Society Texas Center.


Official website here: www.asiasociety.org/texas

What is the revenue of Asia Society Texas Center?

Asia Society Texas Center's revenue in 2022 was $11,118,753.


Official website here: www.asiasociety.org/texas

Who are the executives of Asia Society Texas Center and what are their salaries?

The average compensation at Asia Society Texas Center during 2022 was $49,621. There are 33 employees and 82 volunteers at Asia Society Texas Center.


Here are 32 key members and their salaries:


Y Ping Sun (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward D Allen Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martyn E Goossen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin P Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moez Magalji (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles C Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Sheng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Chao (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janae Tsai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Gondo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asha Virani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Tripp Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alistair Vickers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Cogan Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Sim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rishi Varma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kishore Sundararajan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shahzad Bashir (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arshad Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Blommaert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mustafa I Tameez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon J Quan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milton D Rosenau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Harvey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Lawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonna Kol (President/Ce)
  • Compensation: $270,518
  • Related: $0
  • Other: $49,612
Oleg Jolic (Svp Of Opera)
  • Compensation: $82,791
  • Related: $0
  • Other: $18,370
Sophia Wong (Vp, Finance)
  • Compensation: $141,659
  • Related: $0
  • Other: $14,711
Jennifer R Stephenson (Director Of)
  • Compensation: $113,733
  • Related: $0
  • Other: $20,743
Bridget Bray (Director Of)
  • Compensation: $101,407
  • Related: $0
  • Other: $19,069
Saleena Jafry (Director Of)
  • Compensation: $102,452
  • Related: $0
  • Other: $16,908


Official website here: www.asiasociety.org/texas

Where can I find the form 990 for Asia Society Texas Center?

Asia Society Texas Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.asiasociety.org/texas

Learn more at the official website: www.asiasociety.org/texas

Mission Statement of Asia Society Texas Center

Asia Society Texas Center, as an educational organization, is committed to fostering mutual understanding and strengthening partnerships between Asia and the United States. Its mission spans across various fields, including performing arts, visual arts, education and outreach, business, and policy. The center aims to provide insights, generate ideas, and promote collaboration to address current challenges and create a shared future. As a separate 501(C)(3) organization with an affiliate relationship with Asia Society, a global network, Asia Society Texas Center operates with the objective of promoting understanding and collaboration between the two regions.

Through its performing arts and culture programs, Asia Society Texas Center celebrates the vibrancy of Asian cultures. It achieves this by offering a mix of traditional and contemporary arts, such as dance, food, film, literature, music, and theatre. Many of these annual offerings are presented in collaboration with some of Houston's most prestigious and diverse cultural organizations. This approach engages the community, stimulates curiosity, and fosters empathy, aiming to enhance understanding of both the local community and the world at large.

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Impact




July, 2024

Asia Society Texas Center promotes mutual understanding and strengthens partnerships between Asia and the United States through its educational programs. Celebrating the vibrancy of Asian cultures through various art forms like dance, food, film, literature, music, and theatre, the Center aims to create curiosity, empathy, and a better understanding of the community and the world. By collaborating with prestigious cultural organizations in Houston, such as Miller Outdoor Theatre, AARP, Houston Cinema Arts Festival, and others, Asia Society Texas Center contributes to fostering cultural exchange and appreciation in the city.




This information is meant to be a general summary of Asia Society Texas Center. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,118,753 (2022)
Expenses
$3,939,580 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,121,463
  • Program Service Revenue: $435,650
  • Gross Receipts: $20,629,340

Assets and Liabilities:

  • Total Assets: $68,059,236
  • Total Liabilities: $680,884
  • Net Assets: $67,378,352

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES & OTHER REVENUE

Revenue

$435,650

Organization Details

Founding Year

2007

Principal Officer

Edward D Allen Iii

Main Address

1370 SOUTHMORE, HOUSTON, TX, 77004

NTEE Category

Code: A23 - Arts

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