2022-03-07T07:15:20-06:00 2021-06-30 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2020-07-01 133234632 THE ASIA SOCIETY ASIA 2122886400 725 PARK AVENUE NEW YORK NY 100215088 JULIA NELSON CFO 2122886400 2022-03-04 1 JULIA NELSON 999009999 PHILLIP GROFF P01247783 2127589700 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z JULIA NELSON 725 PARK AVENUE NEW YORK NY 100215088 39150649 0 X WWW.ASIASOCIETY.ORG X 1956 NY THE SOCIETY IS AN INTERNATIONAL NONPROFIT NONPARTISAN ORGANIZATION, SEE SCHEDULE O. 62 60 200 10 -745 0 25220431 26246569 993600 845192 3941557 4750287 880575 426933 31036163 32268981 1244725 3661882 0 0 17598015 14711890 182000 16000 2384045 12563842 10491267 31588582 28881039 -552419 3387942 122806762 142731939 25073865 19765099 97732897 122966840 X 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. 0 0 6390735 135000 176932 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, SUSTAINABILITY, AND THE DEVELOPMENT OF COMMON NORMS AND VALUES FOR THE REGION. FOR MORE INFORMATION, SEE SCHEDULE O. 4358825 21813 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. 3985178 2766682 950 US CENTERS AND ASIAN ACTIVITIES: THE SOCIETY OPERATES OUT OF THREE ADDITIONAL LOCATIONS IN THE UNITED STATES. ASIA SOCIETY IS ASSOCIATED WITH SIX ASIAN AFFILIATES, THAT OPERATE ASIA SOCIETY CENTERS IN AUSTRALIA, WITH OFFICES IN SYDNEY AND MELBOURNE, MUMBAI, INDIA, SEOUL, KOREA, MANILA, PHILIPPINES, TOKYO, JAPAN, AND IN HONG KONG. AN AFFILIATE CENTER WAS ESTABLISHED IN ZURICH, SWITZERLAND THAT IS ALSO A SEPARATE, LEGAL AND FINANCIALLY INDEPENDENT ENTITY AND OPERATES IN CONCERT WITH ASIA SOCIETY BASED ON A GLOBAL OPERATING AGREEMENT. FOR MORE INFORMATION, SEE SCHEDULE O. 5938569 760200 645497 5938569 760200 645497 20673307 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 1 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 133 0 1 200 1 0 1 CH 0 0 0 1 1 0 0 0 0 0 0 X 62 60 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AL AK AZ CA CO CT DC FL GA HI IL KS KY LA ME MD MI MN MS MO NV NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WV WI X X JULIA NELSON 2123279416 725 PARK AVENUE NEW YORK NY 100215088 HAMID BIGLARI VICE CHAIR 1.00 0.00 X X 0 0 0 CHAN HENG CHEE CO-CHAIR 1.00 0.00 X X 0 0 0 BETSY Z COHEN VICE CHAIR & SECRETARY 1.00 0.00 X X 0 0 0 ROBERT NIEHAUS TREASURER 1.00 0.00 X X 0 0 0 JOHN L THORNTON CO-CHAIR 1.00 0.00 X X 0 0 0 LULU C WANG VICE CHAIR 1.00 0.00 X X 0 0 0 NICOLAS AGUZIN TRUSTEE 1.00 0.00 X 0 0 0 HRH TURKI AL FAISAL TRUSTEE 1.00 0.00 X 0 0 0 EDWARD R ALLEN III TRUSTEE 1.00 0.00 X 0 0 0 ISAAC APPLBAUM TRUSTEE 1.00 0.00 X 0 0 0 MOHIT ASSOMULL TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH Y BAE TRUSTEE - END 10/2020 1.00 0.00 X 0 0 0 NICOLAS BERGGRUEN TRUSTEE 1.00 0.00 X 0 0 0 J FRANK BROWN TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL S CHAE TRUSTEE 1.00 0.00 X 0 0 0 ALBERT CHAO TRUSTEE 1.00 0.00 X 0 0 0 PURNENDU CHATTERJEE TRUSTEE 1.00 0.00 X 0 0 0 CHEN GUOQING TRUSTEE 1.00 0.00 X 0 0 0 DUNCAN CLARK TRUSTEE 1.00 0.00 X 0 0 0 HENRY CORNELL TRUSTEE 1.00 0.00 X 0 0 0 FREDERICK M DEMOPOULOS TRUSTEE 1.00 0.00 X 0 0 0 RICHARD DROBNICK TRUSTEE 1.00 0.00 X 0 0 0 J MICHAEL EVANS TRUSTEE 1.00 0.00 X 0 0 0 JAMSHYD GODREJ TRUSTEE 1.00 0.00 X 0 0 0 TOYOO GYOHTEN TRUSTEE 1.00 0.00 X 0 0 0 SUSAN S HAKKARAINEN TRUSTEE 1.00 0.00 X 0 0 0 GEORGE G HICKS TRUSTEE 1.00 0.00 X 0 0 0 DORIS MAGSAYSAY HO TRUSTEE 1.00 0.00 X 0 0 0 W BRADFORD HU TRUSTEE 1.00 0.00 X 0 0 0 OMAR ISHRAK TRUSTEE 1.00 0.00 X 0 0 0 MITCHELL R JULIS TRUSTEE 1.00 0.00 X 0 0 0 KS SONNY KALSI TRUSTEE 1.00 0.00 X 0 0 0 ADRIAN T KELLER TRUSTEE 1.00 0.00 X 0 0 0 CAROLINE KENNEDY TRUSTEE - END 10/2020 1.00 0.00 X 0 0 0 MAHMOOD J KHIMJI TRUSTEE 1.00 0.00 X 0 0 0 JAMES KONDO TRUSTEE 1.00 0.00 X 0 0 0 CHONG-MOON LEE TRUSTEE 1.00 0.00 X 0 0 0 LEE HONG-KOO TRUSTEE 1.00 0.00 X 0 0 0 IDO LEFFLER TRUSTEE 1.00 0.00 X 0 0 0 JEAN LIU TRUSTEE 1.00 0.00 X 0 0 0 STRIVE MASIYIWA TRUSTEE - END 10/2020 1.00 0.00 X 0 0 0 HAROLD MCGRAW III TRUSTEE - END 12/2020 1.00 0.00 X 0 0 0 ASHEET MEHTA TRUSTEE 1.00 0.00 X 0 0 0 JOHN D NEGROPONTE TRUSTEE 1.00 0.00 X 0 0 0 HAROLD J NEWMAN TRUSTEE 1.00 0.00 X 0 0 0 GAONING FRANK NING TRUSTEE 1.00 0.00 X 0 0 0 INDRA K NOOYI TRUSTEE - END 09/2020 1.00 0.00 X 0 0 0 RICHARD PLEPLER TRUSTEE - END 09/2020 1.00 0.00 X 0 0 0 THIERRY PORTE TRUSTEE 1.00 0.00 X 0 0 0 EMILY K RAFFERTY TRUSTEE - EFFECTIVE 03/2021 1.00 0.00 X 0 0 0 STEPHEN RIADY TRUSTEE 1.00 0.00 X 0 0 0 CHARLES P ROCKEFELLER TRUSTEE 1.00 0.00 X 0 0 0 NICOLAS ROHATYN TRUSTEE 1.00 0.00 X 0 0 0 DENISE SAUL TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN A SCHWARZMAN TRUSTEE 1.00 0.00 X 0 0 0 NEIL SHEN TRUSTEE 1.00 0.00 X 0 0 0 DONG BIN SHIN TRUSTEE 1.00 0.00 X 0 0 0 WARWICK L SMITH TRUSTEE - END 03/2021 1.00 0.00 X 0 0 0 KATIE SOO TRUSTEE - EFFECTIVE 03/2021 1.00 0.00 X 0 0 0 JANE JIE SUN TRUSTEE 1.00 0.00 X 0 0 0 Y PING SUN TRUSTEE - EFFECTIVE 10/2020 1.00 0.00 X 0 0 0 HARIT TALWAR TRUSTEE 1.00 0.00 X 0 0 0 OSCAR L TANG TRUSTEE 1.00 0.00 X 0 0 0 ERNIE THRASHER TRUSTEE 1.00 0.00 X 0 0 0 KENNETH WILCOX TRUSTEE 1.00 0.00 X 0 0 0 ZHANG XIN TRUSTEE - END 03/2021 1.00 0.00 X 0 0 0 EUNICE ZEHNDER-LAI TRUSTEE - EFFECTIVE 10/2020 1.00 0.00 X 0 0 0 JAMES D ZIRIN TRUSTEE 1.00 0.00 X 0 0 0 FERNANDO ZOBEL DE AYALA TRUSTEE 1.00 0.00 X 0 0 0 JOSETTE M SHEERAN PRESIDENT & CEO - END 12/2020 40.00 0.00 X X 663290 0 31065 KEVIN M RUDD PRESIDENT & CEO/PRESIDENT, ASPI 40.00 0.00 X X 817257 0 48422 TINA DUONG VP, AFFAIRS & PARTNERSHIPS 40.00 0.00 X 144379 0 5212 THOMAS NAGORSKI EXECUTIVE VP - END 06/2021 40.00 0.00 X 276294 0 52767 JULIA NELSON CFO 40.00 0.00 X 240742 0 13539 ANTHONY JACKSON VP EDU. & DIR. CTR. FOR GLOBAL EDU. 40.00 0.00 X 210337 0 39638 BOON HUI TAN VP FOR GLOBAL ARTS, CUL -END 10/2020 40.00 0.00 X 248225 0 26195 PAULA HUNKER CHIEF OPERATIONS OFFICER 40.00 0.00 X 227280 0 31774 ORVILLE SCHELL ARTHUR ROSS DIR. CENTER US-CHINA RELATIONS 40.00 0.00 X 255276 0 44009 DANIEL RUSSEL VP, INT'L SECURITY & DIPLOMACY 40.00 0.00 X 241252 0 15189 ANNE GODSHALL CHIEF MERCHANDISING OFFICER 40.00 0.00 X 184763 0 25112 SHANE WILLIAMS-NESS MANAGING DIR., PHILANTHROPY 40.00 0.00 X 188332 0 11872 WENDY CUTLER VP MANAGING DIR. WASHINGTON, DC 40.00 0.00 X 249430 0 16059 3946857 0 360853 41 0 1 0 DECHERT LLP 2929 ARCH STREET CIRA CENTRE PHILADELPHIA PA 19104 LEGAL SERVICES 661098 PATTERSON BELKNAP WEBB & TYLER LLP 1133 AVENUE OF THE AMERICAS NY NY 10036 LEGAL SERVICES 357819 RHODIUM GROUP LLC 5 COLUMBUS CIRCLE NEW YORK NY 10019 CONSULTING 200000 POLLY RUA 41 W 86TH STREET APT 16K NEW YORK NY 10024 CONSULTING 123795 PUNEET TALWAR 2857 29TH PLACE NW WASHINGTON DC 20008 CONSULTING 110000 5 X 1076613 2051252 3524529 19594175 1990507 26246569 EDUCATIONAL PROGRAM REVENUE 900099 553525 553525 GLOBAL POLICY & BUSINESS PROGRAM 900099 163998 163998 PROGRAM ADMISSION FEES 900099 92039 92039 CO-SPONSOR FEE 900099 35630 35630 845192 783638 783638 167444 167444 188432 3200 185232 185232 185232 10695346 6728697 3966649 3966649 3966649 146668 2051252 111774 34894 34894 78105 37997 40108 40108 INCOME FROM INVEST LPS - SCH O 525990 -745 -745 -745 32268981 845192 -745 5177965 X 890200 890200 10000 10000 2761682 2761682 2715618 1645227 698327 372064 9274598 6515332 1649292 1109974 422914 282216 81635 59063 1416908 1003990 219956 192962 881852 616188 150169 115495 713252 249666 434673 28913 127562 127562 16000 16000 444466 444466 2991077 2508526 337707 144844 37529 37529 1085526 496537 532415 56574 811234 268076 470564 72594 1152043 962059 131422 58562 28967 21681 3584 3702 69545 69545 562852 455668 76433 30751 1770492 1442294 230366 97832 246087 70720 175367 EQUIP RENTAL & MAINT 352398 271225 58872 22301 PRINTING & PUBLICATIONS 96437 93479 643 2315 OTHER RENOV COSTS 1800 1467 234 99 28881039 20673307 5823687 2384045 7073765 10655508 124620 459344 11380516 11653409 3004659 470561 104598 88498 523463 367219 56726999 37985238 20424017 18741761 35789223 43482113 44263803 56693629 118098 119897 122806762 142731939 3045602 2463832 17814289 14633334 4213974 2667933 25073865 19765099 X -3403844 -137884 101136741 123104724 97732897 122966840 122806762 142731939 X 3387942 20299215 1546786 X 0 1 X 1 0 X 28797534 30519057 30162146 25220431 26246569 140945737 28797534 30519057 30162146 25220431 26246569 140945737 23146130 117799607 1252521 1071404 1489580 1293305 1139514 6246324 147192061 12260915 0.80030 0.79460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 75740096 9839 23212337 4660452 94301820 79320348 5135 1168801 4754188 75740096 69851751 9039976 4081891 3653270 79320348 63717346 3571506 6118894 3555995 69851751 55806396 1550000 10105612 3744662 63717346 0.02357 0.97643 0 0 2032010 2032010 39245836 24189996 15055840 15449153 13795242 1653911 18741761 LONG/SHORT HEDGE FUNDS 9999035 F ABS. RETURN HEDGE FUNDS 18619261 F OTHER FUND OF FUNDS 5668822 F EMERGING MKT SECURITIES 11364292 F PRIVATE EQUITY 8102656 F DEVELOP. MKT EQUITY TRUST 2939563 F 56693629 INTEREST RATE SWAP LIABILITIES 2667933 2667933 X 53676819 20299215 1546041 21845256 31831563 444466 -7048 437418 32268981 28442876 6303 6303 28436573 444466 444466 28881039 PART III, LINE 1A: COLLECTION ITEMS THE ASIA SOCIETY MUSEUM COLLECTION IS NOTED FOR ITS MASTERPIECE-QUALITY OBJECTS AND THE SCHOLARLY IMPORT AWARDED TO THESE PIECES OF TRADITIONAL AND CONTEMPORARY ART. THE COLLECTION INCLUDES THE ROCKEFELLER COLLECTION, WHICH IS PAN-ASIAN AND INCLUDES APPROXIMATELY 300 OBJECTS, RANGING IN DATE FROM THE SECOND MILLENNIUM B.C.E. TO THE 18TH CENTURY, FROM SUCH DIVERSE NATIONS AS INDIA, PAKISTAN, BANGLADESH, NEPAL, MYANMAR, THAILAND, CAMBODIA, VIETNAM, INDONESIA, CHINA, KOREA, AND JAPAN. IT ALSO INCLUDES A LARGE NUMBER OF BRONZE SCULPTURES AND CERAMICS, AS WELL AS PAINTINGS, WOODEN SCULPTURES, AND OTHER DECORATIVE ARTS. MOST OF THE ROCKEFELLER COLLECTION WAS DONATED TO THE SOCIETY IN 1979. ADDITIONS SINCE THAT TIME CONSIST OF DONATIONS FROM THE ESTATE OF MRS. BLANCHETTE ROCKEFELLER, A FEW NOTABLE WORKS FROM OTHER DONORS AND MORE RECENTLY A COLLECTION OF CONTEMPORARY ART FOCUSED ON VIDEO ART AND PHOTOGRAPHY. IN ADDITION TO FREQUENT DISPLAYS IN THE EXHIBITION GALLERIES AT THE SOCIETY, SELECTED WORKS FROM THE COLLECTION ARE ALSO SHOWN AS PART OF SPECIAL EXHIBITIONS EITHER AT THE SOCIETY OR IN MUSEUMS THROUGHOUT THE WORLD. WHEN NOT ON DISPLAY AT THE SOCIETY OR ON LOAN TO MUSEUMS FOR TEMPORARY EXHIBITIONS, THE OBJECTS ARE MAINTAINED IN CLIMATE-CONTROLLED STORAGE. THE SOCIETY MAINTAINS POLICIES AND PROCEDURES ADDRESSING THE ROCKEFELLER COLLECTION'S UPKEEP AS WELL AS OTHER ASPECTS OF ITS MANAGEMENT, INCLUDING ACCESSION/DEACCESSION POLICIES. THE SOCIETY HAS ADOPTED THE POLICY OF NOT CAPITALIZING ITS COLLECTION. DURING 2021 AND 2020, NO ART WAS ACQUIRED WITH DONOR-RESTRICTED FUNDS. PART III, LINE 4: ASIA SOCIETY'S COLLECTION FURTHERS THE EXEMPT PURPOSE OF THE ORGANIZATION BY PRESERVING ASIAN ART WORK FOR PUBLIC VIEWING AND IS USED IN EDUCATIONAL EXHIBITIONS AND PUBLICATIONS. PART V, LINE 4: THE PURPOSE OF THE ASIA SOCIETY'S ENDOWMENT FUNDS IS TO SUPPORT ITS OPERATING AND CAPITAL NEEDS INCLUDING SUPPORT OF THE SOCIETY'S PROGRAMS, BUILDINGS AND MAINTENANCE OF ITS ART COLLECTION. PART X, LINE 2: THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR UNRELATED BUSINESS INCOME ACTIVITIES. IN ADDITION, THE SOCIETY IS TAX-EXEMPT FROM STATE AND LOCAL INCOME TAX FOR RELATED ACTIVITIES, PROPERTY TAXES, AND SALES TAX. THE SOCIETY HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AND THAT IT WILL CONTINUE TO BE EXEMPT FROM TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 1,546,041. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF COGS -37,997. RECLASS OF SPECIAL EVENTS 34,894. RECLASS OF RENTAL EXPENSES -3,200. INCOME FROM INVESTMENT IN LIMITED PARTNERSHIPS -745. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF COGS 37,997. RECLASS OF SPECIAL EVENTS -34,894. RECLASS OF RENTAL EXPENSES 3,200. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES FELLOW 168153 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES CONSULTANT 185789 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 2761682 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 28085940 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 3053955 0 2 0 0 0 2 34255519 0 34255519 EAST ASIA AND THE PACIFIC SUPPORT-PT V 2541800 WIRE TRANSFER EAST ASIA AND THE PACIFIC SUPPORT-PT V 219882 WIRE TRANSFER 2 1 0 1 1 1 0 PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F, PART I, LINE 2 MONITORING THE USE OF GRANTS OUTSIDE THE UNITED STATES INTERNATIONAL GRANTS WERE MADE TO THE ASIA SOCIETY AFFILIATE IN HONG KONG AND JAPAN. THE USE OF THESE GRANTS IS MONITORED THROUGH MONTHLY CONFERENCE CALLS AND QUARTERLY FINANCIAL REPORTING. FORM 990, SCHEDULE F, PART I, LINE 3, COLUMN (D) ACTIVITIES CONDUCTED IN REGION THERE IS NO ACTIVITY CONDUCTED IN ANY REGION DUE TO COVID. FORM 990, SCHEDULE F, PART I, LINE 3, COLUMN (F) ASIA SOCIETY REPORTS EXPENDITURES ON THE ACCRUAL BASIS. FORM 990, SCHEDULE F, PART II, LINE 1, COLUMN (D) PURPOSE OF GRANT THE PURPOSE OF THE INTERNATIONAL GRANTS MADE IN FY21 WAS TO SUPPORT THE ASIA SOCIETY HONG KONG AND JAPAN CENTER. 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AND LEARNING KOLTER ELEMENTARY SCHOOL HISD GF1 GENERAL FUND 440 W 18TH STREET HOUSTON TX 77902 746001255 10000 CHINESE LANGUAGE TEACHING AND LEARNING LITTLE RED SCHOOL HOUSE & ELISABETH IRWIN HIGH SCHOOL 40 CHARLTON STREET NEW YORK NY 10014 135562268 10000 CHINESE LANGUAGE TEACHING AND LEARNING MASSAPEQUA SCHOOL DISTRICT (MASSAPEQUA UFSD) 4925 MERRICK RD MASSAPEQUA NY 11758 116003415 MASSAPEQUA UFSD 10000 CHINESE LANGUAGE TEACHING AND LEARNING MONONGALIA COUNTY SCHOOLS (BEHALF OF NORTH ELEMENTARY SCHOOL) 13 SOUTH HIGH STREET MORGANTOWN WV 26501 556000366 501(C)(3) 10000 CHINESE LANGUAGE TEACHING AND LEARNING ONEIDA-HERKIMER-MADISON BOCES 502 COURT ST UTICA NY 13502 156002310 OHM BOCES 10000 CHINESE LANGUAGE TEACHING AND LEARNING PEDDIE SCHOOL 201 SOUTH MAIN STREET HIGHTSTOWN NJ 08520 210634492 501(C)(3) 10000 CHINESE LANGUAGE TEACHING AND LEARNING PHILADELPHIA HIGH SCHOOL FOR GIRLS-SCHOOL DISTRICT OF PHILADELPHIA 1400 W OLNEY AVE PHILADELPHIA PA 10141 236004102 10000 CHINESE LANGUAGE 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NORTH 1120 EAST LEHI UT 84043 203365730 501(C)(3) 10000 CHINESE LANGUAGE TEACHING AND LEARNING NICHOLS SCHOOL 1250 AMHERST ST BUFFALO NY 14216 160755808 501(C)(3) 10000 CHINESE LANGUAGE TEACHING AND LEARNING NORTH EAST ISD (NORTH EAST SCHOOL OF THE ARTS) 1400 JACKSON KELLER ROAD SAN ANTONIO TX 78213 746015301 10000 CHINESE LANGUAGE TEACHING AND LEARNING PISCATAWAY HIGH SCHOOL 101 JFK PARKWAY SHORT HILLS NJ 07078 226002217 PISCATAWAY BOE 9997 CHINESE LANGUAGE TEACHING AND LEARNING WASHINGTON INTERNATIONAL SCHOOL 3100 MACOMB STREET NW WASHINGTON DC 20008 520822077 501(C)(3) 9992 CHINESE LANGUAGE TEACHING AND LEARNING BERGENFIELD BOARD OF EDUCATION 225 W CLINTON AVE BERGENFIELD NJ 07621 226001651 BERGENFIELD 9990 CHINESE LANGUAGE TEACHING AND LEARNING SCHOOL BOARD OF PINELLAS COUNTY-SAFETY HARBOR MIDDLE SCHOOL 301 4TH ST SW LARGO FL 33770 596000799 9983 CHINESE LANGUAGE TEACHING AND LEARNING THE PINGRY SCHOOL (THE PINGRY CORPORATION) 131 MARTINSVILLE ROAD BASKING RIDGE NJ 07920 221493168 501(C)(3) 9952 CHINESE LANGUAGE TEACHING AND LEARNING SIMSBURY PUBLIC SCHOOLS 933 HOPMEADOW ST SIMSBURY CT 06070 066001665 SIMBURY 9931 CHINESE LANGUAGE TEACHING AND LEARNING SYRACUSE JUNIOR HIGH SCHOOL 1450 SOUTH 2000 WEST SYRACUSE UT 84075 876000487 9815 CHINESE LANGUAGE TEACHING AND LEARNING ANDOVER PUBLIC SCHOOLS (WOOD HILL MIDDLE SCHOOL) 36 BARTLET ST ANDOVER MA 01810 046001069 9799 CHINESE LANGUAGE TEACHING AND LEARNING NEWTOWN HIGH SCHOOL (NEWTOWN PUBLIC SCHOOLS) 12 BERKSHIRE RD NEWTOWN CT 06482 066001643 SANDY HOOK 9342 CHINESE LANGUAGE TEACHING AND LEARNING BEACON HILL INT'L SCHOOL SEATTLE SCHOOL DISTRICT 1 PO BOX 34165 M5 SEATTLE WA 981241165 916001541 501(C)(3) 9141 CHINESE LANGUAGE TEACHING AND LEARNING SAMMAMISH HIGH SCHOOL 100 140TH AVE SE BELLEVUE WA 98005 916001637 BELLEVUE 9057 CHINESE LANGUAGE TEACHING AND LEARNING HOUSTON ACADEMY FOR INT'L STUDIES 1810 STUART HOUSTON TX 77004 746001255 8999 CHINESE LANGUAGE TEACHING AND LEARNING ANDERSON HIGH SCHOOL 8403 MESA DRIVE AUSTIN TX 78759 746000064 AUSTIN 8700 CHINESE LANGUAGE TEACHING AND LEARNING DEARBORN PARK INTERNATIONAL SCHOOL 2820 S ORCAS ST SEATTLE WA 98108 916001541 TUSCON 8142 CHINESE LANGUAGE TEACHING AND LEARNING LAWRENCE HIGH SCHOOL (LAWRENCE TOWNSHIP PS) 2565 PRINCETON PIKE LAWRENCEVILLE NJ 08648 216000225 LAWRENCEVILLE 7290 CHINESE LANGUAGE TEACHING AND LEARNING COLLEGIATE SCHOOL 103 NORTH MOORELAND RD RICHMOND VA 23229 540528203 501(C)(3) 7285 CHINESE LANGUAGE TEACHING AND LEARNING PENINSULA SCHOOL DISTRICT 14015 62ND AVE NW GIG HARBOR WA 98332 910854211 WA 6000 CHINESE LANGUAGE TEACHING AND LEARNING CREATIVE MINDS INT'L PUBLIC CHARTER SCHOOL 3700 NORTH CAPITAL STREET NW 217 WASHINGTON DC 20011 275208674 FALLS CHURCH 5904 CHINESE LANGUAGE TEACHING AND LEARNING HALF HOLLOW HILLS CENTRAL SCHOOL DISTRICT 525 HALF HOLLOW RD DIX HILLS NY 11746 116002971 CHAGRIN FALLS 5404 CHINESE LANGUAGE TEACHING AND LEARNING GAHANNA-JEFFERSON SCHOOL DISTRICT 160 SOUTH HAMILTON ROAD GAHANNA OH 43230 316400607 OH 5200 CHINESE LANGUAGE TEACHING AND LEARNING 58 12 OZ PRIZE AWARD 1 10000 FORM 990, SCH I, PART I, LINE 2 MONITORING THE USE OF GRANTS IN THE UNITED STATES ASIA SOCIETY HAS AN ONGOING MULTI YEAR RELATIONSHIP WITH OUR GRANT RECIPIENTS AND MONITORS THEIR WORK AND GRANT FUND USAGE THROUGH THIS RELATIONSHIP. ASIA SOCIETY RECEIVES REPORTS FROM GRANTEES (USUALLY ANNUALLY), PER PROVIDED GUIDELINES, ON WORK COMPLETED AND EXPENSES INCURRED DURING THE PERIOD AT THE ACCOUNT LEVEL. FORM 990, SCHEDULE I, PART III, LINE 1F GRANTS AND OTHER ASSITANCE TO DOMESTIC INDIVIDUALS THE OSBORN ELLIOTT PRIZE FOR EXCELLENCE IN JOURNALISM ON ASIA HONORS A LEGENDARY JOURNALIST WHOSE INCLUSIVE PUBLIC DIALOGUE AND CIVIC ENGAGEMENT CHARACTERIZED HIS LIFE'S WORK. A $10,000 CASH AWARD, GIVEN ANNUALLY, THAT RECOGNIZES THE BEST EXAMPLE OF JOURNALISM ABOUT ASIA DURING THE CALENDAR YEAR. X X 1 1 X X X X 1 0 0 0 0 0 0 1 0 KEVIN M RUDD PRESIDENT & CEO/PRESIDENT, ASPI 576846 0 0 0 240411 0 17100 0 31322 0 865679 0 0 0 JOSETTE M SHEERAN PRESIDENT & CEO - END 12/2020 422999 0 100000 0 140291 0 17100 0 13965 0 694355 0 0 0 THOMAS NAGORSKI EXECUTIVE VP - END 06/2021 276026 0 0 0 268 0 17011 0 35756 0 329061 0 0 0 ORVILLE SCHELL ARTHUR ROSS DIR. CENTER US-CHINA REL 253992 0 0 0 1284 0 15825 0 28184 0 299285 0 0 0 BOON HUI TAN VP FOR GLOBAL ARTS, CUL -END 10/2020 211932 0 0 0 36293 0 12989 0 13206 0 274420 0 0 0 WENDY CUTLER VP MANAGING DIR. WASHINGTON, DC 248865 0 154 0 411 0 14962 0 1097 0 265489 0 0 0 PAULA HUNKER CHIEF OPERATIONS OFFICER 210969 0 0 0 16311 0 13779 0 17995 0 259054 0 0 0 DANIEL RUSSEL VP, INT'L SECURITY & DIPLOMACY 240461 0 0 0 791 0 14438 0 751 0 256441 0 0 0 JULIA NELSON CFO 239851 0 0 0 891 0 0 0 13539 0 254281 0 0 0 ANTHONY JACKSON VP EDU. & DIR. CTR. FOR GLOBAL EDU. 209546 0 0 0 791 0 12968 0 26670 0 249975 0 0 0 ANNE GODSHALL CHIEF MERCHANDISING OFFICER 184444 0 51 0 268 0 11244 0 13868 0 209875 0 0 0 SHANE WILLIAMS-NESS MANAGING DIR., PHILANTHROPY 188077 0 162 0 93 0 11285 0 587 0 200204 0 0 0 PART I, LINE 1A IN ACCORDANCE WITH HIS EMPLOYMENT CONTRACT, FIRST CLASS TRAVEL IS PROVIDED FOR THE PRESIDENT AND CEO. THIS IS NOT TREATED AS TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSON USE: THE CURRENT PRESIDENT AND CEO AND FORMER PRESIDENT AND CEO, ARE PROVIDED A HOUSING ALLOWANCE. THIS IS TREATED AS TAXABLE COMPENSATION AND INCLUDED IN THEIR FORM W-2. PART I, LINE 4A SEVERANCE PAYMENT: BOON HUI TAN $36,172 PART I, LINE 7 THE FORMER PRESIDENT AND CEO'S BONUS IS REVIEWED BY THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES AND APPROVED BY THE BOARD. IT IS BASED ON ACHIEVING A SET OF INSTITUTIONAL GOALS WHICH ARE ESTABLISHED BY THE COMPENSATION COMMITTEE AND BOARD AT THE BEGINNING OF THE YEAR. BONUSES PAID DURING THE CALENDAR YEAR ARE REPORTING ON SCHEDULE J, PART II, COLUMN (B)(II). A BUILD NYC RESOURCE CORPORATION SERIES 2015 454040561 000000000 2015-07-01 16795000 REFIN 2000 TAX-EXEMPT BOND 0 0 0 A 1490000 16795000 335900 97499 16361601 2015 1 0 1 1 A 0 0 0 1 0 1 TORONTO DOMINION 30.000000000000 0 0 0 0 1 A 1 SCHEDULE K, PART I, BOND ISSUES: 2015 BOND ISSUE (A) ISSUER NAME: BUILD NYC RESOURCE CORPORATION (F) DESCRIPTION OF PURPOSE: REFINANCE AN OUTSTANDING 2000 TAX-EXEMPT BOND ISSUE (WHICH HAD BEEN USED TO FINANCE DESIGN, CONSTRUCTION AND RENOVATION OF EXISTING BUILDING) AND FINANCE COST OF ISSUING BOND. SCHEDULE K, PART IV, ARBITRAGE: THE REBATE COMPUTATION WAS PERFORMED FOR THE TAX YEAR ENDING 06/30/2020 AS NOTED IN THE REBATE REPORT DATED 07/08/2020. MITCHELL R JULIS TRUSTEE 200000 CAP CONTRIBUTIONS 0 FORM 990, SCHEDULE L, PART IV, ITEM (1) IN NOVEMBER 2019, THE ASIA SOCIETY MADE A CAPITAL COMMITMENT TO A FUND OWNED AND MANAGED BY AN AFFILIATE OF CANYON PARTNERS, LLC. MITCHELL JULIS, TRUSTEE, IS THE CO-FOUNDER, CO-CHAIRMAN AND CO-CEO OF CANYON PARTNERS, LLC AND OWNS AND CONTROLS AN INTEREST IN CANYON PARTNERS, LLC. THIS INVESTMENT WAS FOR THE SOCIETY'S ENDOWMENT. THE CANYON PARTNERS FUND WAS ONE OF THREE FUNDS PRESENTED BY ASIA SOCIETY'S OUTSIDE INVESTMENT ADVISOR TO THE SOCIETY'S INVESTMENT COMMITTEE FOR CONSIDERATION. THE INVESTMENT COMMITTEE APPROVED THE INVESTMENT BASED ON THE ADVISOR'S RECOMMENDATION AND SUBSEQUENT DISCUSSION. MR. JULIS IS NOT A MEMBER OF THE INVESTMENT COMMITTEE. THE AMOUNT REPORTED ON SCHEDULE L, PART IV IS THE AMOUNT OF THE CAPITAL CONTRIBUTIONS DURING THE FISCAL YEAR ENDED JUNE 30, 2021. X 8 0 X 13 1914307 AVERAGE MARKET PRICE X AUCTION 14 75500 PER AUCTION PRICE X AIRLINE VOUCHER 2 700 AVERAGE MARKET PRICE 0 0 1 1 PART I, COLUMN (B): THE NUMBER REPORTED ON COLUMN (B) REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: THE ASIA SOCIETY HAS A GIFT ACCEPTANCE POLICY PERTAINING TO THE REVIEW OF POTENTIAL CONTRIBUTIONS OF ART. FORM 990, PART I, LINE 1 THE SOCIETY IS AN INTERNATIONAL NONPROFIT NONPARTISAN ORGANIZATION WHICH CONNECTS PEOPLE AND INSTITUTIONS IN ASIA AND THE WORLD. FORM 990, PART III, LINE 4A 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. 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 TO GLOBAL DECISION LEADERS, BRINGING DISPARATE VIEWS TOGETHER THROUGH ITS RENOWNED CONVENING AND RESEARCH CAPABILITIES. WE HAVE FOUND 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 THE CHINA ECONOMIC REFORM DASHBOARD, WHICH SETS OUT A SERIES OF MEASURES AND ISSUES QUARTERLY REPORTS ON HOW THE REFORMS ARE WORKING, TOWARD A NORTHEAST ASIA CARBON MARKET, WHICH FACILITATES CHINA, SOUTH KOREA AND JAPAN COLLABORATION TO ACHIEVE THIS GOAL; CHINA BELT AND ROAD INITIATIVE, WHICH REVIEWS THE BRI PROJECTS LOCATED IN ASIA AND HIGHLIGHTS BEST PRACTICES IN PLANNING AND EXECUTION; AND A TRADE INITIATIVE IN WHICH SENIOR TRADE EXPERTS PROVIDE POLICYMAKERS WITH RECOMMENDATIONS ON HOW TO ADVANCE REGIONAL AND BILATERAL TRADE AGREEMENTS IN AN INCREASINGLY COMPLEX TRADE LANDSCAPE. 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 CONVENES POLICY MAKERS TO WORK ON MAJOR ISSUES 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'S SIGNATURE INITIATIVE IS 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. FORM 990, PART III, LINE 4B 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. THE ASIAN ARTS AND MUSEUM SUMMIT OFFERS AN OPPORTUNITY FOR COLLABORATIVE EXCHANGE AND SHARING OF BEST PRACTICES, EXPLORES THE ROLE OF THE ARTS IN RAPIDLY CHANGING ASIAN AND U.S. SOCIETIES, AND FACILITATES THE DEVELOPMENT OF JOINT PROJECTS FOR MUSEUM PROFESSIONALS FROM ASIA AND THE U.S. FORM 990, PART III, LINE 4C U.S. CENTERS AND ASIAN ACTIVITIES U.S. ACTIVITIES THE SOCIETY OPERATES OUT OF THREE 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. THE PACIFIC COAST IS SERVED BY THE SOUTHERN CALIFORNIA CENTER IN LOS ANGELES AND THE NORTHERN CALIFORNIA CENTER IN SAN FRANCISCO. LOCATED IN THE HOME OF THE LARGEST AND FASTEST GROWING ASIAN AND ASIAN AMERICAN COMMUNITIES, THE TWO CALIFORNIA CENTERS PROVIDE A UNIQUE OPPORTUNITY TO CULTIVATE THE BONDS THAT UNITE AMERICANS AND ASIANS. BOTH CENTERS ARE ADVISED BY LOCALLY RECRUITED ADVISORY COUNCILS. (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.) ASIAN ACTIVITIES ASIA SOCIETY IS ASSOCIATED WITH SIX ASIAN AFFILIATES, THAT OPERATE ASIA SOCIETY CENTERS IN AUSTRALIA, WITH OFFICES IN SYDNEY AND MELBOURNE, MUMBAI, 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 AN AFFILIATE CENTER WAS ESTABLISHED IN ZURICH, SWITZERLAND THAT IS ALSO A SEPARATE, LEGAL AND FINANCIALLY INDEPENDENT ENTITY AND OPERATES IN CONCERT WITH ASIA SOCIETY BASED ON A GLOBAL OPERATING AGREEMENT. (NOT INCLUDED IN THE FINANCIAL MATERIALS IN THE FORM 990). FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES EDUCATION AND LEADERSHIP PROGRAMS DIVISION THE DIVISION SEEKS TO CATALYZE SCHOOL SYSTEMS, SCHOOLS, TEACHERS AND K-12 YOUTH TOWARDS A BETTER UNDERSTANDING OF ASIA AND A MEANS TO EDUCATE THE NEXT GENERATION IN GLOBAL COMPETENCY WITH THE KNOWLEDGE AND SKILLS REQUIRED TO UNDERSTAND AND ACT ON GLOBAL ISSUES. IT DOES THIS BY ADVANCING TRANSFORMATIVE MODELS OF EDUCATION THAT PROMOTE GLOBAL COMPETENCY, FOSTERING GROWTH IN CHINESE LANGUAGE PROGRAMS AND CONVENING PREMIER EDUCATION LEADERS TO SPARK INNOVATIONS THAT PROMOTE GLOBAL COMPETENCE AND HIGH ACHIEVEMENT. ASIA SOCIETY'S EDUCATION WORK ESTABLISHES AND SPREADS EFFECTIVE SCHOOL MODELS THAT PROVIDE KNOWLEDGE OF ASIA AND GLOBAL COMPETENCE. THE TOOLS, CURRICULUM, BEST PRACTICES AND PROFESSIONAL DEVELOPMENT IT GENERATES HELP CREATE STUDENTS WHO GRADUATE BOTH COLLEGE-READY AND GLOBALLY COMPETENT. THE CENTERPIECE OF THIS WORK IS THE INTERNATIONAL SCHOOLS STUDIES NETWORK, A NATIONAL NETWORK OF SECONDARY SCHOOLS DEVOTED TO INTERNATIONAL STUDIES AND WORLD LANGUAGES. THE DIGITAL CONVERSION OF THE PROFESSIONAL DEVELOPMENT RESOURCES HAS ENABLED THE DIVISION TO GREATLY EXPAND THE REACH OF THE WORK, WHICH HAS BEEN CRITICAL DURING THE CURRENT PANDEMIC. THE EDUCATION DIVISION CONTRIBUTES TO THE GROWTH AND QUALITY OF CHINESE LANGUAGE TEACHING IN THE U.S. THROUGH PUBLICATIONS, THE NATIONAL CHINESE LANGUAGE CONFERENCE, AND WORKING DIRECTLY WITH U.S. SCHOOLS TO ENHANCE THEIR CHINESE LANGAUGE TEACHING. 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. THE ASIA SOCIETY'S EDUCATION DIVISION CONVENES EDUCATION LEADERS IN THE U.S. AND ASIA TO SHARE BEST PRACTICES AND INNOVATIONS THAT PROMOTE HIGHER ACHIEVEMENT AND GLOBAL COMPETENCE IN MILLIONS THROUGH THE GLOBAL CITIES EDUCATION NETWORK. IT IS THE ONLY FORUM THAT ENABLES LEADERS OF HIGH-PERFORMING URBAN SCHOOLS SYSTEMS IN ASIA AND NORTH AMERICA TO LEARN FROM EACH OTHER. WORKING GROUPS MEET IN THE U.S. AND ASIA TO REVIEW CASE STUDIES AND POLICIES AND COME UP WITH RECOMMMENDATIONS BASED ON BEST PRACTICES. RESEARCH IS COMMISSIONED TO SUPPORT THE DISCUSSIONS. IN THE U.S., THE DIVERSITY LEADERSHIP FORUM PROVIDES A VITAL PLATFORM FOR CORPORATIONS TO DISCUSS DIVERSITY AND INCLUSION ISSUES AND BEST PRACTICES IN REGARD TO ASIAN PROFESSIONALS. THE ANNUAL TWO-DAY CONFERENCE INCLUDES RESEARCH RESULTS FROM ASIA SOCIETY'S ANNUAL ASIAN PACIFIC AMERICANS (APA) CORPORATE SURVEY REPORT, AN ANNUAL STUDY THAT EXAMINES BARRIERS TO AND BEST PRACTICES FOR CAREER ADVANCEMENT OF APAS AND KEYNOTE AND PLENARY SESSION PRESENTATIONS FEATURING EXECUTIVES FROM GLOBAL FORTUNE 1000 COMPANIES; AND SMALL GROUP DISUSSION TRACKS. A SECOND DAY EXPLORES MARKETING TO ASIANS AND ASIAN-AMERICANS. ONLINE OUTREACH DIVISION THE SOCIETY PURSUES ITS MISSION TO EDUCATE THE PUBLIC THROUGH INNOVATIVE ONLINE PROGRAMMING ACTIVITIES - WITH THE PANDEMIC OVER THE LAST YEAR, THIS HAS BECOME MORE IMPORTANT THAN EVER. THE WORK OF THE ONLINE OUTREACH DIVISION INCLUDES CONTRIBUTIONS FROM HEADQUARTERS AS WELL AS OUR TWELVE 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. THE SOCIETY'S EDUCATION DIVISION PROVIDES INNOVATIVE ONLINE CURRICULUM MATERIALS AND STUDY AIDS TO EDUCATORS AND STUDENTS AT THE ELEMENTARY AND SECONDARY LEVELS. IN ALL, A WEALTH OF INFORMATION ABOUT ASIA AT THE FINGERTIPS OF THE WORLD. 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 GARDEN COURT CAFE PROVIDES ASIAN-INSPIRED FOODS TO NEW YORK CITY DINERS (WHICH HAS BEEN CLOSED DUE TO THE COVID PANDEMIC SINCE MARCH 2020). 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. IMPACT OF COVID-19 IN JANUARY 2020, THE WORLD HEALTH ORGANIZATION RECOGNIZED THE NOVEL STRAIN OF CORONAVIRUS, COVID-19, AS A PANDEMIC. BEGINNING MARCH 2020, THE SOCIETY WAS TEMPORARILY CLOSED TO THE PUBLIC IN ACCORDANCE WITH NEW YORK STATE EXECUTIVE ORDERS AND GUIDANCE RELATED TO THE PANDEMIC. THE SOCIETY REOPENED IN OCTOBER 2020 IN ACCORDANCE WITH NEW YORK STATE SAFETY GUIDANCE AND DIRECTIVES, INCLUDING ATTENDANCE CAPACITY LIMITATIONS, AND LAUNCHED NEW YORK CITY'S FIRST ASIA SOCIETY TRIENNIAL OF ARTS EXHIBITION. ALTHOUGH THE INCIDENCE OF COVID-19 HAS AFFECTED THE SOCIETY'S FISCAL YEAR'S 2021 OPERATING RESULTS, THE ORGANIZATION WAS ABLE TO QUICKLY PRIVOT TO REMOTE WORKING, PROVIDING HUNDREDS OF ONLINE PROGRAMS FROM ACROSS ITS GLOBAL CENTERS AND REACHING A GLOBAL AUDIENCE. THIS PIVOT TO DIGITAL ACTUALLY ACCELERATED OUR STRATEGIC PLAN GOALS TO USE DIGITAL TOOLS AND PLATFORMS TO EXPAND OUR REACH AND IMPACT, ALTHOUGH WE STILL HAVE LIMITED ON-SITE PROGRAMMING DUE TO THE ONGOING PANDEMIC. FORM 990, PART VI, SECTION A, LINE 2 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, PART VI, SECTION B, LINE 11B 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. FORM 990, PART VI, SECTION B, LINE 12C 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. FORM 990, PART VI, SECTION B, LINE 15A 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. FORM 990, PART VI, SECTION C, LINE 19 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. FORM 990, PART VIII, LINE 11A INCOME FROM INVESTMENTS IN LIMITED PARTNERSHIP DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P. $ (562) AXIOM ASIA V, L.P. (183) TOTAL FORM 990, PART VIII, LINE 11A $ (745) FORM 990, PART IX, LINE 11G EMPLOYMENT AGENCY SERVICES: PROGRAM SERVICE EXPENSES 2,084,684. MANAGEMENT AND GENERAL EXPENSES 252,779. FUNDRAISING EXPENSES 141,726. TOTAL EXPENSES 2,479,189. RECRUITING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,909. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,909. ARTIST FEES, PHOTOGRAPHER: PROGRAM SERVICE EXPENSES 122,887. MANAGEMENT AND GENERAL EXPENSES 436. FUNDRAISING EXPENSES 290. TOTAL EXPENSES 123,613. HONORARIUM: PROGRAM SERVICE EXPENSES 107,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,300. PACKING: PROGRAM SERVICE EXPENSES 34,371. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,371. FRAMING & MOUNTING: PROGRAM SERVICE EXPENSES 12,613. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,613. CONSERVATION: PROGRAM SERVICE EXPENSES 5,546. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,546. SECURITY SERVICE FEES: PROGRAM SERVICE EXPENSES 141,125. MANAGEMENT AND GENERAL EXPENSES 23,568. FUNDRAISING EXPENSES 2,828. TOTAL EXPENSES 167,521. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 51,015. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,015. FORM 990, PART XI, LINE 9 CHANGES IN NET ASSETS CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $1,546,041 INCOME FROM INVESTMENT IN LIMITED PARTNERSHIPS 745 TOTAL FORM 990, PART XI, LINE 9 1,546,786