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THE ASIA SOCIETY

NEW YORK, NY · EIN 133234632 · Form 990 · FY2024 · NTEE Q200 · International Affairs · Large ($10M-$50M) · asiasociety.org
revenue
$29.6M
expenses
$32.3M
net assets
$107.4M
employees
215
volunteers
99
program ratio
74%
mission · from form 990

THE SOCIETY IS AN INTERNATIONAL NONPROFIT NONPARTISAN ORGANIZATION, SEE SCHEDULE O.

profile · synthesized from sources

The Asia Society is an international nonprofit organization focused on promoting understanding between Asia and the United States. It advances this mission through cultural, educational, and policy programs that engage diverse audiences. The organization operates globally with centers across the U.S. and Asia, hosting events, exhibitions, and public forums on arts, business, and international affairs.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $5.76M
    ART AND CULTURAL PROGRAMS DIVISION - THE SOCIETY'S ART AND CULTURAL PROGRAMS DIVISION EXPLORES THE VITAL EXPRESSIONS OF DIVERSE ASIAN CULTURES THROUGH EXHIBITIONS, PERFORMANCES, FILMS, LECTURES, AND SYMPOSIA. FOR MORE INFORMATION, SEE SCHEDULE O.
  2. #2 $1.91M
    COMMUNICATIONS DIVISION - THE SOCIETY PURSUES ITS MISSION TO EDUCATE THE PUBLIC THROUGH INNOVATIVE ONLINE PROGRAMMING ACTIVITIES. THE WORK OF THE ONLINE OUTREACH DIVISION INCLUDES CONTRIBUTIONS FROM HEADQUARTERS AS WELL AS OUR SIXTEEN OTHER CENTERS AND BRANCHES AROUND THE WORLD. IT OVERSEES THE WEBSITE WHICH PROVIDES INFORMATION ABOUT ASIA SOCIETY PROGRAMS AS WELL AS CONTENT GENERATED SPECIFICALLY FOR THE SITE ON TOPICS OF CURRENT INTEREST. FOR MORE INFORMATION, SEE SCHEDULE O.
named programs · 4 · from sources

What they call their work

Asia Society Education Programs
Offers programs for educators and students to enhance knowledge of Asian languages, history, and cultures
Asia Society Museum
Presents exhibitions of Asian art and hosts cultural programs to promote cross-cultural understanding
Asia Society Policy Institute
Addresses major policy challenges facing the U.S.-Asia relationship through research and high-level dialogue
Center on U.S.-China Relations
Conducts analysis and convenes discussions on bilateral political, economic, and security issues
activities · 5 groups

What they do

  • Curated Art Exhibitions and Public Displays 2 activities
    • Hosts art exhibitions on Asian and Asian diasporic cultures
      Organizes and presents pre-modern, modern, and contemporary Asian and Asian American art through exhibitions at museum spaces in New York, Hong Kong, and Houston, including solo and thematic shows featuring significant collections and artists.
    • Operates cultural centers and public programming venues
      Manages major cultural centers and public buildings in New York, Hong Kong, and Houston, with additional locations across the U.S., Asia, and Europe, serving as hubs for exhibitions, education, and policy programs.
  • Leadership & Policy Dialogue Forums 1 activity
    • Conducts policy engagement and public education programs on Asia
      Hosts programs that inform policymakers and the public about Asia, supporting deeper understanding of regional issues through dialogue, analysis, and educational outreach.
  • Economic and Financial Research 1 activity
    • Conducts policy research and analysis on China
      Produces objective, policy-relevant research on China’s politics, economy, and society through the Center for China Analysis, including publications, books, and articles on Chinese political history and reform-era developments.
  • East Asian Language and Cultural Education 1 activity
    • Delivers educational programs and language learning initiatives
      Provides Chinese language courses to promote Mandarin learning in the U.S. and offers educational content on Asia for youth, families, and learners through structured programming and resources.
  • Nonprofit Investigative & Community Journalism 1 activity
    • Publishes in-depth reporting and analysis on China
      Operates ChinaFile, an online magazine that publishes original reporting, essays, photography, and video on China, contributing to public understanding of Chinese foreign policy, history, and culture.
financials · form 990 · fy2024
revenue
Total revenue$29.61M
Contributions & grants$18.59M63%
Program service revenue$1.04M4%
Investment income$9.08M31%
Other revenue$897K
expenses
Total expenses$32.29M
Program expenses74%
Admin / overhead18%
Fundraising8%
Salaries & benefits$17.80M
Grants paid out$1.07M
Largest expense lineCompensation
balance sheet
Total assets$123.53M
Cash$5.61M
Investments$93.16M
Liabilities$16.12M
Net assets$107.41M
Liquid reserves36.7 mo
6 years on record · 2019–2024 · YoY revenue -4.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 9
NameTitleHours/wkCompensation
KYUNG-WHA KANG PRESIDENT & CEO 40 $522K
DEBRA EISENMAN EVP & CHIEF OPERATING OFFICER 40 $435K
WENDY CUTLER VP & MD, WASHINGTON DC OFFICE 40 $346K
DANIEL RUSSEL VP, INT'L SEC & DIPLOMACY - END 6/25 40 $345K
ORVILLE SCHELL VP, CTR US-CHINA REL/ARTHUR ROSS DIR 40 $345K
SHANE WILLIAMS-NESS CHIEF DEVELOPMENT OFFICER 40 $318K
AALOK KANANI CHIEF DIGITAL & COMM. OFFICER 40 $302K
KEVIN HOGAN CHIEF FINANCIAL OFFICER 40 $288K
YASUFUMI NAKAMORI VP, ARTS & CULTURE - END 4/25 40 $285K
board members · 16
  • ADRIAN T KELLER — TRUSTEE
  • ALBERT CHAO — TRUSTEE
  • ASHEET MEHTA — TRUSTEE
  • BETSY Z COHEN — VICE CHAIR & SECRETARY
  • CHAN HENG CHEE — CO-CHAIR
  • CHARLES P ROCKEFELLER — TRUSTEE
  • CHONG-MOON LEE — TRUSTEE
  • CHRIS KOJIMA — TRUSTEE - EFFECTIVE 10/24
  • DORIS MAGSAYSAY HO — TRUSTEE
  • DUNCAN CLARK — TRUSTEE
  • EDWARD R ALLEN III — TRUSTEE
  • EMILY K RAFFERTY — TRUSTEE
  • ERNIE THRASHER — TRUSTEE
  • EUNICE ZEHNDER-LAI — TRUSTEE - END 08/24
  • EVAN G GREENBERG — TRUSTEE - END 01/25
  • FERNANDO ZOBEL DE AYALA — TRUSTEE
relationships · 10

Who they work with

  • Asia Society Hong Kong Center Network — Regional center hosting exhibitions and programs as part of the Asia Society network.
  • Asia Society Policy Institute Network — Think tank focused on Asia under the Asia Society umbrella that advances international cooperation and policymaking.
  • Center for China Analysis Network — Research center within the Asia Society Policy Institute that provides objective analysis of China’s politics, economy, and society.
  • Center on US-China Relations Network — Asia Society center that explores common interests and divergent views between the U.S. and China.
  • ChinaFile Partner — Online magazine operated by Asia Society to foster informed public conversation about China.
  • Columbia University Partner — Fellow at the Weatherhead East Asian Institute at Columbia University.
  • Council on Foreign Relations Network — Member of the Council on Foreign Relations.
  • Ford Foundation Partner — Worked for the Ford Foundation in Indonesia.
  • John D. Rockefeller 3rd Partner — Founded Asia Society in 1956.
  • University of Southern California Partner — Senior Fellow at the Annenberg School of Communications at USC.
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.