Overview
What is The Asia Society?
The Asia Society is an international nonprofit, nonpartisan organization based in New York, New York, with a location at 725 Park Avenue, New York, NY 10021. With a total of 167 employees, the organization has gained recognition as one of the top 1% think tanks globally by the University of Pennsylvania. The Asia Society Policy Institute (ASPI), a division of the organization, focuses on addressing significant policy challenges in the Asia-Pacific region, including security, prosperity, sustainability, and the development of common norms and values. ASPI's problem-solving mandate aims to tackle the major issues confronting Asia now. The Asia Society connects people and institutions in Asia and the world to foster understanding, address challenges, and maximize opportunities.
Official website here: www.asiasociety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
The Asia Society has received a perfect score of 100%, reflecting its outstanding accountability and finance practices. The organization boasts a fully independent board, with 98% of its members serving independently, which is critical for maintaining integrity and transparency. Furthermore, its financial oversight mechanisms, such as an effective Audit and Oversight Committee, ensure meticulous handling of funds and resources.
Strengths highlighted in the evaluation include strong financial ratios, with a program expense ratio of nearly 70% indicating a significant portion of its budget is allocated to programs rather than administrative costs. The organization's fundraising efficiency is commendable, as it only spends $0.10 to raise a dollar, showcasing effective resource management. Additionally, the Asia Society demonstrates solid working capital, suggesting it has ample resources to sustain operations over the long term.
While the data does not indicate any significant limitations, the perfect scores across various metrics underscore a high level of operational excellence. The Asia Society's commitment to sound practices and transparency positions it as a reputable nonprofit with a strong focus on its mission and responsible stewardship of its assets.
This AI summary has been generated from information found on Charity Navigator.
Is The Asia Society legitimate?
The Asia Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Asia Society 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: $1,244,112
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,058,659
For more financial information, click here
Official website here: www.asiasociety.org
What is the mission statement of The Asia Society?
The Asia Society is an international nonprofit, nonpartisan organization that bridges connections between people and institutions in Asia and the world. Through problem-solving initiatives, the Asia Society addresses challenges and maximizes opportunities across various sectors, including security, prosperity, sustainability, and the development of common norms and values in the Asia-Pacific region. The Asia Society Policy Institute, a division of the organization, has been recognized as a top-ranked think tank globally, tackling significant policy issues and providing solutions for the region. The organization's mission is to build understanding, foster collaborations, and create a more interconnected world.
Official website here: www.asiasociety.org
Who is the CEO of The Asia Society?
Kyung-Wha Kang is the CEO of The Asia Society The CEO's salary of The Asia Society is $0 and their total compensation is $0.
Official website here: www.asiasociety.org
What is the revenue of The Asia Society?
The Asia Society's revenue in 2024 was $30,876,719.
Official website here: www.asiasociety.org
Who are the executives of The Asia Society and what are their salaries?
The average compensation at The Asia Society during 2024 was $62,731. There are 228 employees and 38 volunteers at The Asia Society.
Here are 76 key members and their salaries (The Asia Society's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.asiasociety.org
Where can I find the form 990 for The Asia Society?
The Asia Society's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.asiasociety.org
Learn more at the official website: www.asiasociety.org
Mission Statement of The Asia Society
The Asia Society is a renowned international nonprofit, nonpartisan organization. Its mission is to foster connections between people and institutions in Asia and the world, ultimately working towards building understanding, addressing challenges, and maximizing opportunities. The Asia Society's Problem-Solving Mandate is reflected in its Policy Institute, which has been ranked among the top 1% of think tanks globally by the University of Pennsylvania's Think Tanks and Civil Societies Program. The Asia Society Policy Institute (ASPI) tackles significant policy challenges facing the Asia-Pacific region, focusing on areas such as security, prosperity, sustainability, and the development of common norms and values. For more details, please refer to Schedule O.
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Impact
October, 2024
The Asia Society plays a pivotal role in fostering understanding and collaboration between Asia and the broader global community. It effectively addresses critical policy challenges in the Asia-Pacific region through its Policy Institute, which has earned recognition as one of the top think tanks worldwide. This esteemed status highlights its influence in shaping discourse on pressing issues such as security, prosperity, and sustainability.
By uniting diverse people and institutions, The Asia Society enhances dialogue and cooperation, aiding in the development of shared norms and values that are essential in a rapidly changing world. Its nonpartisan approach ensures that differing perspectives are respected, facilitating meaningful conversations that lead to actionable solutions.
The Asia Society’s commitment to problem-solving not only addresses current dilemmas but also positions it as a forward-thinking leader in international relations and policy development, ultimately maximizing opportunities across the Asia-Pacific region and beyond.
This information is meant to be a general summary of The Asia Society. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,454,105
- Program Service Revenue: $786,740
- Gross Receipts: $39,670,061
Assets and Liabilities:
- Total Assets: $123,272,284
- Total Liabilities: $17,572,566
- Net Assets: $105,699,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM ADMISSION FEES
Revenue
$341,184
GLOBAL POL. & BUSINESS
Revenue
$267,060
CO-SPONSOR FEE
Revenue
$132,121
TOUR FEES
Revenue
$26,375
EDUCATIONAL PROG. REV.
Revenue
$20,000
Organization Details
Founding Year
1956
Principal Officer
Kyung-Wha Kang
Website
www.asiasociety.orgNTEE Category
Code: Q200 - International
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