ASIA SOCIETY TEXAS CENTER Charity Report

Public IRS 990 nonprofit record

ASIA SOCIETY TEXAS CENTER

EIN 03-0433949 · Cultural & Ethnic Awareness (A23)

What they do

ACROSS THE FIELDS of PERFORMING ARTS, VISUAL ARTS, EDUCATION and OUTREACH, BUSINESS & POLICY, ASTC PROVIDES INSIGHT, GENERATES IDEAS, and PROMOTES COLLABORATION to ADDRESS PRESENT CHALLENGES and CREATE A SHARED FUTURE. ASTC OPERATES AS A SEPARATE 501(C)(3) ORGANIZATION and HAS AN AFFILIATE RELATIONSHIP WITH ASIA SOCIETY, A GLOBAL NETWORK.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.64%of revenue went to mission work90.9% of expenses · Program services

4.27%of revenue went to fundraising5.1% of expenses

$84.31spent for every $100 of revenueRevenue covered expenses this year.

3.40%of revenue went to management and office costs4.0% of expenses

$10.69in assets for every $1 spent this yearSome assets cannot be spent right away.

33.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $352,922 for BONNA KOL (PRESIDENT/CE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,992,856

Mission workProgram services$6,125,66676.64% of revenue90.9% of expenses

ManagementOffice and general costs$272,0473.40% of revenue4.0% of expenses

FundraisingAsking for donations$341,2944.27% of revenue5.1% of expenses

Revenue left after expensesReported annual surplus$1,253,84915.69% of revenueShown in gray on the chart

Total expenses$6,739,00784.31% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.9% mission · 4.0% management · 5.1% fundraisingTotal expenses: 84.31% of revenue

2023Expense mix: 89.6% mission · 4.6% management · 5.8% fundraisingTotal expenses: 88.40% of revenue

2022Expense mix: 90.5% mission · 4.9% management · 4.6% fundraisingTotal expenses: 69.62% of revenue

2021Expense mix: 85.7% mission · 6.3% management · 8.0% fundraisingTotal expenses: 35.43% of revenue

2020Expense mix: 87.2% mission · 5.4% management · 7.4% fundraisingTotal expenses: 44.54% of revenue

2019Expense mix: 86.7% mission · 6.5% management · 6.8% fundraisingTotal expenses: 134.16% of revenue

Money in and money out

Revenue$7,992,856

Expenses$6,739,007

Annual surplus $1,253,849 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,125,666 · 90.9% of expenses

Management and office costs$272,047 · 4.0% of expenses

Fundraising$341,294 · 5.1% of expenses

See all reported dollar amounts

Revenue$7,992,856

Expenses$6,739,007

Assets$72,058,811

Income$19,089,946

Contributions$2,685,027

Mission work (program services)$6,125,666

Fundraising$341,294

Management and general$272,047

Executive compensation (total)$590,033

Stocks and bonds$28,866,629

Accounting fees$36,193

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BONNA KOLPRESIDENT/CE · 40 hrs/week $352,922Base $305,800 · Other $47,122

SOPHIA WONGVP, FIN., HR · 40 hrs/week $173,857Base $156,057 · Other $17,800

SALEENA JAFRYVP, DEVELOPM · 40 hrs/week $135,495Base $115,020 · Other $20,475

STEPHANIE WONGVP, COMM./ A · 40 hrs/week $106,306Base $96,200 · Other $10,106

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

BONNA KOLPRESIDENT/CE

SOPHIA WONGVP, FIN., HR

SALEENA JAFRYVP, DEVELOPM

STEPHANIE WONGVP, COMM./ A

MICHAEL CARTERDIRECTOR

MELANIE LAWSONDIRECTOR

MOEZ MANGALJIDIRECTOR

MOHSIN IMTIAZDIRECTOR

MUSTAFA I TAMEEZDIRECTOR

NANCY C ALLENLIFETIME DIR

RANDY SIMSECRETARY

RISHI VARMAVICE CHAIR

ROBERTO CONTRERAS IVDIRECTOR

SHAZAD BASHIRDIRECTOR

SUSHILA AGRAWALDIRECTOR

THERESA CHANGDIRECTOR

Y PING SUNIMMEDIATE PA

AIMEE DITOMMASODIRECTOR

MARTYN E GOOSSENCHAIR

LEIGH SMITHDIRECTOR

KEVIN LEWISDIRECTOR

JANET MATSUSHITADIRECTOR

JANAE TSAIDIRECTOR

JAMES L CUCLISDIRECTOR

GEORGE YANGDIRECTOR

EDWARD R ALLEN IIIVICE CHAIR

DAVID HARVEYTREASURER

CHARLES FOSTERLIFETIME DIR

ASHA VIRANIDIRECTOR

ARSHAD MATINDIRECTOR

ALBERT CHAOLIFETIME DIR

AL VICKERSDIRECTOR

About this charity

Recognized since: January 2002
Location: 1370 SOUTHMORE BLVD, HOUSTON, TX 77004-5828
County: Harris
In care of: % H WADE MILLER
Primary officer: BONNA KOL, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Phone(713) 496-9901 Officer phone(713) 496-9916

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: LEE HUANG & ASSOCIATES PC
NTEE classification: Cultural & Ethnic Awareness (A23)
IRS tax category: Cultural & Ethnic Awareness