THE ASIA SOCIETY Charity Report

Public IRS 990 nonprofit record

THE ASIA SOCIETY

EIN 13-3234632 · International, Foreign Affairs & National Security (Q200)

What they do

THE SOCIETY is AN INTERNATIONAL NONPROFIT, NONPARTISAN ORGANIZATION WHICH CONNECTS PEOPLE and INSTITUTIONS IN ASIA and THE WORLD to BUILD UNDERSTANDING, ADDRESS CHALLENGES and MAXIMIZE OPPORTUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.70 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 leaders79 people are listed in the latest report.

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

Money made simple

80.39%of revenue went to mission work73.7% of expenses · Program services

9.02%of revenue went to fundraising8.3% of expenses

$109.06spent for every $100 of revenueSpending was higher than revenue this year.

19.65%of revenue went to management and office costs18.0% of expenses

$3.83in assets for every $1 spent this yearSome assets cannot be spent right away.

62.8%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.

Worth asking: Expenses exceeded revenue by $2,680,919 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $521,589 for KYUNG-WHA KANG (PRESIDENT & CEO). 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$29,605,387

Mission workProgram services$23,799,00280.39% of revenue73.7% of expenses

ManagementOffice and general costs$5,817,08719.65% of revenue18.0% of expenses

FundraisingAsking for donations$2,670,2179.02% of revenue8.3% of expenses

Total expenses$32,286,306109.06% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 73.7% mission · 18.0% management · 8.3% fundraisingTotal expenses: 109.06% of revenue

2023Expense mix: 72.1% mission · 19.1% management · 8.8% fundraisingTotal expenses: 110.55% of revenue

2022Expense mix: 69.9% mission · 21.3% management · 8.8% fundraisingTotal expenses: 105.60% of revenue

2021Expense mix: 68.5% mission · 24.0% management · 7.4% fundraisingTotal expenses: 101.57% of revenue

2020Expense mix: 71.6% mission · 20.2% management · 8.3% fundraisingTotal expenses: 89.50% of revenue

2019Expense mix: 69.4% mission · 21.3% management · 9.3% fundraisingTotal expenses: 101.78% of revenue

2018Expense mix: 72.9% mission · 17.2% management · 9.9% fundraisingTotal expenses: 92.82% of revenue

2017Expense mix: 72.8% mission · 17.3% management · 9.9% fundraisingTotal expenses: 82.20% of revenue

Money in and money out

Revenue$29,605,387

Expenses$32,286,306

Annual shortfall $2,680,919 Expenses were higher than revenue 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)$23,799,002 · 73.7% of expenses

Management and office costs$5,817,087 · 18.0% of expenses

Fundraising$2,670,217 · 8.3% of expenses

See all reported dollar amounts

Revenue$29,605,387

Expenses$32,286,306

Assets$123,532,820

Income$40,731,975

Contributions$18,590,059

Mission work (program services)$23,799,002

Fundraising$2,670,217

Grants given$7,884,080

Average grant$16,025

Management and general$5,817,087

Executive compensation (total)$3,381,941

Stocks and bonds$39,689,554

Accounting fees$158,182

Investing fees$487,346

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

KYUNG-WHA KANGPRESIDENT & CEO · 40 hrs/week $521,589Base $511,089 · Other $10,500

DEBRA EISENMANEVP & CHIEF OPERATING OFFICER · 40 hrs/week $435,485Base $367,961 · Other $67,524

WENDY CUTLERVP & MD, WASHINGTON DC OFFICE · 40 hrs/week $345,977Base $324,862 · Other $21,115

DANIEL RUSSELVP, INTL SEC & DIPLOMACY - END 6/25 · 40 hrs/week $345,217Base $325,088 · Other $20,129

ORVILLE SCHELLVP, CTR US-CHINA REL/ARTHUR ROSS DIR · 40 hrs/week $345,124Base $310,058 · Other $35,066

SHANE WILLIAMS-NESSCHIEF DEVELOPMENT OFFICER · 40 hrs/week $317,908Base $270,075 · Other $47,833

AALOK KANANICHIEF DIGITAL & COMM. OFFICER · 40 hrs/week $302,138Base $278,199 · Other $23,939

KEVIN HOGANCHIEF FINANCIAL OFFICER · 40 hrs/week $287,546Base $270,762 · Other $16,784

YASUFUMI NAKAMORIVP, ARTS & CULTURE - END 4/25 · 40 hrs/week $285,311Base $264,311 · Other $21,000

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 (79)

KYUNG-WHA KANGPRESIDENT & CEO

DEBRA EISENMANEVP & CHIEF OPERATING OFFICER

WENDY CUTLERVP & MD, WASHINGTON DC OFFICE

DANIEL RUSSELVP, INTL SEC & DIPLOMACY - END 6/25

ORVILLE SCHELLVP, CTR US-CHINA REL/ARTHUR ROSS DIR

SHANE WILLIAMS-NESSCHIEF DEVELOPMENT OFFICER

AALOK KANANICHIEF DIGITAL & COMM. OFFICER

KEVIN HOGANCHIEF FINANCIAL OFFICER

YASUFUMI NAKAMORIVP, ARTS & CULTURE - END 4/25

LULU C WANGVICE CHAIR

KUO CHUAN KC KUNGTRUSTEE

MAHMOOD J KHIMJITRUSTEE

MARK E TUCKERTRUSTEE

MARTYN GOOSSENTRUSTEE - EFFECTIVE 10/24

MICHAEL S CHAETRUSTEE

JOHN L THORNTONCO-CHAIR

MOHIT ASSOMULLTRUSTEE

NEIL SHENTRUSTEE

NICOLAS AGUZINTRUSTEE

NICOLAS BERGGRUENTRUSTEE

NICOLAS ROHATYNTRUSTEE

OMAR ISHRAKTRUSTEE

KATIE SOOTRUSTEE

STEPHEN RIADYTRUSTEE

Y PING SUNTRUSTEE - END 07/24

W BRADFORD HUTRUSTEE

VIVIENNE TAMTRUSTEE

VALI NASRTRUSTEE - EFFECTIVE 10/24

THIERRY PORTETRUSTEE

SUSAN S HAKKARAINENTRUSTEE

STUART FULLERTRUSTEE - EFFECTIVE 04/25

STEPHEN A SCHWARZMANTRUSTEE

PHILIP QUTRUSTEE

STEPHANIE HUITRUSTEE

SEUNG-YOON SY LEETRUSTEE

SERGE DUMONTTRUSTEE - END 12/24

SANGITA JINDALTRUSTEE

ROBERT NIEHAUSTREASURER

RAJ RAOTRUSTEE

RABBI ANGELA BUCHDAHLTRUSTEE

PURNENDU CHATTERJEETRUSTEE

DORIS MAGSAYSAY HOTRUSTEE

FREDERICK M DEMOPOULOSTRUSTEE

FILIPPO GORITRUSTEE

FERNANDO ZOBEL DE AYALATRUSTEE

EVAN G GREENBERGTRUSTEE - END 01/25

EUNICE ZEHNDER-LAITRUSTEE - END 08/24

ERNIE THRASHERTRUSTEE

EMILY K RAFFERTYTRUSTEE

EDWARD R ALLEN IIITRUSTEE

DUNCAN CLARKTRUSTEE

GARY RIESCHELTRUSTEE

CHRIS KOJIMATRUSTEE - EFFECTIVE 10/24

CHONG-MOON LEETRUSTEE

CHARLES P ROCKEFELLERTRUSTEE

CHAN HENG CHEECO-CHAIR

BETSY Z COHENVICE CHAIR & SECRETARY

ASHEET MEHTATRUSTEE

ALBERT CHAOTRUSTEE

ADRIAN T KELLERTRUSTEE

J MICHAEL EVANSTRUSTEE

JOSEPHINE LINDENTRUSTEE

JOHN D NEGROPONTETRUSTEE

JOHN KEOGHTRUSTEE - EFFECTIVE 04/25

JESSICA TANTRUSTEE - EFFECTIVE 04/25

JEAN LIUTRUSTEE

JANE JIE SUNTRUSTEE

JAMSHYD GODREJTRUSTEE

JAMES D ZIRINTRUSTEE

JAMES KONDOTRUSTEE

K S SONNY KALSITRUSTEE

J FRANK BROWNTRUSTEE

ISAAC APPLBAUMTRUSTEE

IDA LIUTRUSTEE

HRH TURKI AL FAISALTRUSTEE

HENRY CORNELLTRUSTEE

HAMID BIGLARIVICE CHAIR

GEORGE G HICKSTRUSTEE

GEOFF MARTHATRUSTEE

About this charity

Recognized since: January 1985
Location: 725 PARK AVENUE, NEW YORK, NY 100215088
County: New York
In care of: KEVIN HOGAN
Primary officer: KEVIN HOGAN, CFO

How to reach them

WebsiteVisit the charity’s website Phone(212) 288-6400

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: International, Foreign Affairs & National Security (Q200)
IRS tax category: Educational Support Services
Grant-giving organization: Yes