Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1985.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
74 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
79 people listed on the 990; $2.9M paid to officers and key staff.
Kyung-Wha Kang’s $511K as President & CEO is at the 91st percentile of top reported officer pay among 345 $10–100M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Kevin M Rudd - End 032023 | — | $503,422 | $984,222 | — | — | — |
| Kevin M Rudd | — | — | — | $756,089 | $817,257 | $981,819 |
| Josette M Sheeran | — | — | — | $301,752 | $663,290 | $944,178 |
| Kyung-Wha Kang | $511,089 | — | — | — | — | — |
| Debra Eisenman | $367,961 | $495,513 | $271,187 | — | — | — |
| Julia Nelson - End 112023 | — | $370,411 | — | — | — | — |
| Thomas Nagorski | — | — | — | — | $276,294 | $329,786 |
| Daniel Russel | $325,088 | $326,197 | $325,750 | $281,663 | $241,252 | $281,613 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Educates the global public about Asia through innovative online programming, digital outreach, and diverse content on current regional topics.
Questions for Asia Society
Your first name shows with your question. Asia Society answers here, for everyone.
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Policy and Business Program Division
The asia society policy institute has been ranked in the top 1% of think tanks around the world by the university of pennsylvania's think tanks and civil society's program. With a problem-solving mandate, the asia society policy institute (aspi) tackles major policy challenges now confronting the asia-pacific in security, prosperity…
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.
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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $9.2M | $5.6M |
| InvestmentsLn 11–13 | $87.6M | $93.2M |
| Land, buildings, equipmentLn 10c | $15.7M | $14.6M |
| Total assetsLn 16 | $126.6M | $123.5M |
| LiabilitiesLn 26 | $16.5M | $16.1M |
| Net assetsLn 32 | $110.1M | $107.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $262K | $262K | ||
| Grants to domestic individualsLn 2 | $22K | $22K | ||
| Grants and assistance to foreign recipientsLn 3 | $782K | $782K | ||
| Pay of current officers, directors and key staffLn 5 | $1.7M | $878K | $435K | $389K |
| Pay of disqualified personsLn 6 | $179K | $179K | ||
| Other salaries and wagesLn 7 | $12.7M | $9.7M | $1.9M | $1.2M |
| Pension plan contributionsLn 8 | $570K | $433K | $86K | $51K |
| Other employee benefitsLn 9 | $1.5M | $1.1M | $306K | $152K |
| Payroll taxesLn 10 | $1.1M | $923K | $26K | $135K |
| Legal feesLn 11b | $112K | $58K | $55K | $168 |
| Accounting feesLn 11c | $158K | $158K | ||
| Investment management feesLn 11f | $487K | $487K | ||
| Other fees for servicesLn 11g | $3.4M | $3.1M | $244K | $129K |
| Advertising and promotionLn 12 | $74K | $74K | ||
| Office expensesLn 13 | $1.8M | $1.0M | $546K | $213K |
| Information technologyLn 14 | $965K | $186K | $692K | $87K |
| OccupancyLn 16 | $1.6M | $1.3M | $178K | $61K |
| TravelLn 17 | $1.5M | $1.4M | $76K | $49K |
| Conferences, conventions and meetingsLn 19 | $107K | $93K | $9K | $5K |
| InterestLn 20 | $505K | $412K | $66K | $28K |
| Depreciation, depletion and amortizationLn 22 | $1.5M | $1.2M | $193K | $82K |
| InsuranceLn 23 | $355K | $76K | $279K | |
| Other expenses (24a–d)Ln 24 | $863K | $659K | $126K | $79K |
| Total functional expensesLn 25 | $32.3M | $23.8M | $5.8M | $2.7M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $29.6M | $32.3M | −$2.7M | $107.4M | 990 PDF |
| FY2024 | $30.9M | $34.1M | −$3.3M | $110.1M | 990 PDF |
| FY2023 | $30.4M | $32.1M | −$1.7M | $106.4M | 990 PDF |
| FY2022 | $30.2M | $30.7M | −$474K | $105.7M | 990 PDF |
| FY2021 | $32.3M | $28.9M | $3.4M | $123.0M | 990 PDF |
| FY2020 | $31.0M | $31.6M | −$552K | $97.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $29,605,387 revenue, 12 lines filed
Part VI · Governance 65 of 67 board members independent, 1 to look at
Part VIII · Statement of revenue $29,605,387 across 13 lines filed
Part IX · Statement of functional expenses $32,286,306 across 23 lines filed
Part X · Balance sheet $123,532,820 assets, 19 lines filed
Part XI · Reconciliation of net assets $107,413,442 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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