The Asia Society

“Business relationships stephen a. Schwarzman, trustee, and michael s. Chae, trustee, have a business relationship. Both are officers of blackstone group management, llc.”

“Form 990 review a complete draft of the form 990 is reviewed by the audit committee of the board of trustees. After that review, a final and complete draft is provided to each voting member of the board before it is filed with the irs.”

“Conflict of interest review a conflict of interest questionnaire is circulated to the members of the board of trustees, officers and key employees on an annual basis. Results of that questionnaire are summarized and provided to the chair of the audit committee. Any person deemed to be an interested person with respect to a conflict will recuse themselves from deliberation and decision-making involving the potential or actual conflict.”

“Compensation review the board compensation committee meets twice a year and reviews the president's fiscal year performance. Additionally, the committee reviews salary survey information compiled by the director of human resources on a periodic basis as requested by the committee. The survey information provides data for comparable positions in other not for profit organizations which are similar in scope, complexity and size. Based on comparable salary information presented and performance reviews the independent members of the committee recommend the president's compensation to the board of trustees for approval. Any determinations by the board compensation committee are documented in the minutes of the committee.”

“Document availability the organization's audited financial statements and form 990 are available at the asia society website. Other governing documents are available to the public upon request.”

“The society is an international nonprofit nonpartisan organization which connects people and institutions in asia and the world.”

“Policy and business programs 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, sustainability, and the development of common norms and values for the region. Policy work is also carried out by our center on u.s. China relations and our new york public programs department. With top-level senior staff, expert fellows, and the premier asia-wide network of advisors and content-specific experts, aspi provides a unique platform for policy development in explaining as well as offering unique policy solutions for global challenges. It boasts an asia-wide scope, and engenders broad input and participation from business and policy leaders, bringing disparate views together through its renowned convening and research capabilities. This formula is uniquely suited to advancing international cooperation and effective policymaking during a century in which asia's influence is increasingly gaining prominence. Key aspi initiatives and reports include research on the regional security order and the effects of u.s.-china strategic competition on the indo-pacific region; projects to explore economic security strategies and provide policymakers with recommendations on how to advance regional and bilateral trade agreements in an increasingly complex trade landscape; and a climate initiative which seeks to encourage and contribute to india's national emissions trading system policy through providing input on design and building regional and international connections. Aspi also offers programs for young female professionals in trade and other emerging leaders to enable them to gain experience and build their networks. Within aspi, the center for china analysis was established in 2022 to provide policy-relevant, objective analysis of china's politics, economy, and society and its impact on the region and the world. The center on u.s.-china relations complements the work of the asia society policy institute, focusing on diverse issues in china and the u.s. It was established to meet the need for a deeper understanding between the two countries and promote public dialogue in order to strengthen u.s.-china relations. The center also convenes stakeholders to work on major challenges and educates the american and international public on u.s.-china issues, commenting on and distributing timely information on critical topics and current events. Its work spans arts and culture, policy, sustainability, and economics. The center presented coal+ice, a multidisciplinary exhibition and performance visualizing the causes and consequences of the climate crisis and foregrounding creative solutions. In addition, asia society produces chinafile, an online publication featuring articles, photography, and multimedia from and about china. The asia 21 initiative brings together some of the most dynamic next generation leaders, all under the age of 40 from asia and the u.s., to explore imaginative ways to address the most critical issues facing the asia-pacific community today, develop common approaches to addressing these shared challenges, and cultivate the long-term relationships necessary for developing responses.”

“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. The asia society museum, located at 725 park avenue, presents a wide range of art exhibitions showcasing the work of asian and asian-american artists, ranging from traditional to contemporary artists and taking new approaches to familiar masterpieces as well as introducing under-recognized artists. Several major thematic exhibitions are presented each year, drawing on loans from other institutions and private collections from around the world, as well as the society's permanent collection, the mr. And mrs. John d. Rockefeller 3rd collection of asian art. These exhibitions are usually accompanied by catalogues and other publications, and some exhibitions tour nationally and internationally. Asia society also hosts performance programs of music, dance, theater, and film focusing on traditional performance genres of asia, contemporary performance from asia, and works by asian american performing artists. Additionally, a wide range of lectures, author programs, films, and symposia for the general public are presented, either related to the current museum exhibitions or to further the society's goal of promoting greater understanding between peoples by sharing asian and asian american arts and culture. Our culture as diplomacy initiative specifically looks to advance understanding and connections among cultures as a safe harbor, uncompromised by political, national, or other differences.”

“Communications division the society pursues its mission to educate the public through innovative online programming activities - since the pandemic, this has become more important than ever. The work of the online outreach division includes contributions from headquarters as well as our sixteen other centers 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. Web traffic has expanded in the last few years and currently has more than 3 million annual visits. Asia society's website (www.asiasociety.org) includes news and information about the asia society, hosts information on the institution's programs, events, publications, and departments; offers users a view of society museum exhibitions and collections; provides a rapidly expanding collection of resources on asian and asian american content from the arts, culture, religion and society to business, economics, policy and government; and presents live webcasts of programs offered at the new york headquarters as well as archives programs for future viewing.”

“U.s. Centers, asian activities and european activities u.s. Activities the society operates out of two additional locations in the united states. The washington, d.c. Office takes advantage of its location in the nation's capital to support the work of the asia society policy institute and the pacific coast is served by the southern california center in los angeles. The california center is advised by locally recruited advisory council. (in addition, the society is affiliated with a separate 501(c)(3) organization located in houston, texas, which opened a building of its own in march 2012 and by an organization in northern california which has a seattle, washington branch.) asian activities asia society is associated with six asian affiliates, that operate asia society centers in australia, with offices in sydney and melbourne; mumbai and delhi india; seoul, korea; manila, philippines; tokyo, japan; and in hong kong. They are each separate, legal and financially independent entities and operate in concert with the asia society based on a global operating agreement. European activities there are two affiliate centers in europe, one in zurich, switzerland and a recently established center in paris, france both of which are separate, legal and financially independent entities that operate in concert with asia society based on a global operating agreement. Education division the division seeks to promote an understanding of asia through family, learning, and lifestyle programs for a wide range of audiences. The work enables a unique opportunity to broaden the scope of offerings to focus on the contributions of asians and asian americans and to grow public awareness of asia's diverse artistic and cultural traditions. The education division contributes to the growth and quality of chinese language teaching in the u.s. Through the national chinese language conference - convening premier education leaders to spark innovations that promote language learning, global competence, and high achievement. The division seeks to catalyze school systems, schools, teachers, and k-12 youth by advancing mandarin language instruction through online courses. Asia society's education work establishes and spreads effective resources and programs that provide knowledge of asia and global competence. Web resources provide a broad range of background knowledge about asia, curriculum materials, video and audio resources, and other materials to support education about asia. In the u.s., the global talent and diversity and inclusion symposium provides a vital platform for corporations to discuss diversity and inclusion issues and best practices in regard to asian professionals. The annual conference includes keynote and plenary session presentations featuring executives from global fortune 1000 companies; and small group discussion tracks. Auxiliary services the society operates a specialized store and cafe and provides rental and conference facilities at its headquarters building in new york. The store, asiastore, offers a wide variety of books and asian-inspired gift items and serves the membership, visitors to the museum, and the general public attending the society's programs in new york. The auditorium, cafe, and conference facilities in the headquarters building serve primarily as venues for the society's programs and are also available for rental to outside parties.”

“Consulting fees/other prof. Fees: program service expenses 3,448,868. Management and general expenses 123,522. Fundraising expenses 147,631. Total expenses 3,720,021. Artist fees and honorarium: program service expenses 168,846. Management and general expenses 4,401. Fundraising expenses 19,135. Total expenses 192,382. Employemnt related costs: program service expenses 417,566. Management and general expenses 213,298. Fundraising expenses 115,305. Total expenses 746,169. Museum professional fees: program service expenses 69,085. Management and general expenses 0. Fundraising expenses 0. Total expenses 69,085.”

“Change in fair value of interest rate swap 155,820. Uncollectible prior year pledges -188,714.”