Asia Society
Asia Society maintains strong assets despite recurring operating deficits in recent years.
EIN: 133234632 · New York, NY · NTEE: Q200 · Updated: 2026-03-28
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Asia Society is mapped to EIN 133234632.
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13 stored filing years available.
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13 stored filing years available.
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75% program spend, health grade B
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| Metric | Value |
|---|---|
| Total Revenue | $39.7M |
| Total Expenses | $32.1M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $39.6M |
| Net Assets | $106.4M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Asia Society Form 990, Revenue, CEO Pay, and IRS Filing Signals
Asia Society is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Asia Society in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $30.4M and expenses of $32.1M.
Revenue and Expenses
Asia Society reported $30.4M in revenue and $32.1M in expenses, a deficit of $1.7M.
Executive Compensation
Top officer compensation appears as $39.6M in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Asia Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $24.1M (75%) |
Across stored filings, Asia Society shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Category Q context |
Trust Check
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Asia Society directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asia Society
Asia Society (EIN: 133234632) is a nonprofit organization based in New York, NY, classified under NTEE code Q200. The organization reported total revenue of $39.7M and total assets of $126.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asia Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asia Society is a large nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30.4M |
| Total Expenses | $32.1M |
| Surplus / Deficit | $-1,703,559 |
| Total Assets | $122.9M |
| Total Liabilities | $16.5M |
| Net Assets | $106.4M |
| Operating Margin | -5.6% |
| Debt-to-Asset Ratio | 13.4% |
| Months of Reserves | 45.9 months |
Financial Health Grade: B
In 2023, Asia Society reported a deficit of $1.7M with expenses exceeding revenue, holds 45.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Asia Society's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +4.5% | -0.3% |
| 2022 | -6.3% | +6.4% | -13.6% |
| 2021 | +4.0% | -8.6% | +16.2% |
| 2020 | -12.0% | -3.5% | -1.3% |
| 2019 | -6.1% | +6.1% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Asia Society with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Asia Society allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.4%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all listed filing periods, which is unusual for an organization of this size ($39.6M latest revenue, $126.6M assets) and suggests that executive compensation details are not captured in this summary or are reported differently.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Asia Society's IRS 990 filings:
- Recurring operating deficits (e.g., 2023, 2022, 2020, 2019, 2016, 2015) where expenses exceeded revenue.
- Lack of reported officer compensation in the provided data, which could obscure executive pay practices.
Strengths
The following positive indicators were identified for Asia Society:
- Strong and consistent asset base, exceeding $100 million for the past decade, providing financial resilience.
- Long history of consistent IRS 990 filings (13 filings), indicating transparency.
- Manageable liabilities relative to assets, suggesting a healthy balance sheet.
- Consistent revenue generation in the $30-39 million range over many years.
Frequently Asked Questions about Asia Society
Is Asia Society a legitimate charity?
Asia Society (EIN: 133234632) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $39.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Asia Society spend its money?
Asia Society directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Asia Society tax-deductible?
Asia Society is registered as a tax-exempt nonprofit (EIN: 133234632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Asia Society CEO make?
Asia Society's highest-compensated officer earns $39.6M annually. The organization reported $39.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Asia Society's spending goes to programs?
Asia Society directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Asia Society compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Asia Society is above average for NTEE category Q200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Asia Society located?
Asia Society is headquartered in New York, New York and files with the IRS under EIN 133234632. It is classified under NTEE code Q200.
How many years of IRS 990 filings does Asia Society have?
Asia Society has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $39.7M in total revenue.
Is Asia Society a good charity?
Based on its consistent financial reporting, substantial asset base, and apparent focus on program spending, Asia Society appears to be a well-established and financially stable organization. Its long history and consistent revenue streams suggest a strong operational foundation.
How has Asia Society's revenue trended over the past decade?
Asia Society's revenue has fluctuated but generally remained within the $30-39 million range over the past decade, with the latest reported revenue at $39,670,061. There isn't a clear upward or downward trend, but rather a stable level of funding.
What is the financial stability of Asia Society?
Asia Society demonstrates strong financial stability, evidenced by its substantial assets of $126,639,988 and manageable liabilities. While it has experienced operating deficits in several recent years (e.g., 2023, 2022), its large asset base provides a significant buffer.
Why is officer compensation reported as 0%?
The provided data indicates 0% officer compensation for all listed periods. This could mean that executive compensation is not included in this specific summary, is reported under a different category, or is not paid directly as 'officer compensation' in the way it's tracked here. Further investigation into the full 990 forms would be needed for clarity.
Filing History
IRS 990 filing history for Asia Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Asia Society's revenue has grown by 56.7%, moving from $19.4M to $30.4M. Total assets increased by 14.1% over the same period, from $107.7M to $122.9M. Total functional expenses rose by 24.2%, from $25.9M to $32.1M. In its most recent filing year (2023), Asia Society reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $16.5M in liabilities against $122.9M in assets (debt-to-asset ratio: 13.4%), resulting in net assets of $106.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30.4M | $32.1M | $122.9M | $16.5M | — | View 990 |
| 2022 | $30.2M | $30.7M | $123.3M | $17.6M | — | View 990 |
| 2021 | $32.3M | $28.9M | $142.7M | $19.8M | — | View 990 |
| 2020 | $31.0M | $31.6M | $122.8M | $25.1M | — | View 990 |
| 2019 | $35.3M | $32.7M | $124.5M | $21.8M | — | View 990 |
| 2018 | $37.5M | $30.9M | $119.3M | $20.5M | — | View 990 |
| 2017 | $33.5M | $31.8M | $110.4M | $21.0M | — | View 990 |
| 2016 | $31.4M | $33.9M | $100.6M | $22.4M | — | View 990 |
| 2015 | $29.4M | $31.4M | $112.9M | $21.3M | — | View 990 |
| 2014 | $35.4M | $29.6M | $118.3M | $21.7M | — | View 990 |
| 2013 | $28.5M | $28.6M | $102.7M | $22.2M | — | View 990 |
| 2012 | $24.3M | $30.7M | $98.3M | $24.5M | — | View 990 |
| 2011 | $19.4M | $25.9M | $107.7M | $23.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30.4M, expenses of $32.1M, and assets of $122.9M (revenue +0.5% year-over-year).
- 2022: Revenue of $30.2M, expenses of $30.7M, and assets of $123.3M (revenue -6.3% year-over-year).
- 2021: Revenue of $32.3M, expenses of $28.9M, and assets of $142.7M (revenue +4.0% year-over-year).
- 2020: Revenue of $31.0M, expenses of $31.6M, and assets of $122.8M (revenue -12.0% year-over-year).
- 2019: Revenue of $35.3M, expenses of $32.7M, and assets of $124.5M (revenue -6.1% year-over-year).
- 2018: Revenue of $37.5M, expenses of $30.9M, and assets of $119.3M (revenue +12.1% year-over-year).
- 2017: Revenue of $33.5M, expenses of $31.8M, and assets of $110.4M (revenue +6.7% year-over-year).
- 2016: Revenue of $31.4M, expenses of $33.9M, and assets of $100.6M (revenue +6.7% year-over-year).
- 2015: Revenue of $29.4M, expenses of $31.4M, and assets of $112.9M (revenue -17.0% year-over-year).
- 2014: Revenue of $35.4M, expenses of $29.6M, and assets of $118.3M (revenue +24.1% year-over-year).
- 2013: Revenue of $28.5M, expenses of $28.6M, and assets of $102.7M (revenue +17.2% year-over-year).
- 2012: Revenue of $24.3M, expenses of $30.7M, and assets of $98.3M (revenue +25.4% year-over-year).
- 2011: Revenue of $19.4M, expenses of $25.9M, and assets of $107.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asia Society:
Data Sources and Methodology
This transparency report for Asia Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.