2020-05-07T07:20:04-05:00 2019-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2018-07-01 133234632 The Asia Society % Julia Nelson ASIA 2122886400 725 PARK AVENUE NEW YORK NY 100215088 JULIA NELSON CFO 2123279263 2020-05-06 true CHRISTINA ROSSETTI P01491094 2127589700 2020-05-05 167.68.102.5 13407320201285000002 2020-05-07 P 3334E7B7F03F731422ECC73C4D529CE40FFEDC8C 2EFB9A2273A280871CB6E2783C42C633A2C5F4AB 2018 2020-09-23 17:36:50Z JOSETTE M SHEERAN 725 PARK AVENUE NEW YORK NY 100215088 43324743 false X WWW.ASIASOCIETY.ORG X 1956 NY THE SOCIETY IS AN INTERNATIONAL NONPROFIT NONPARTISAN ORGANIZATION WHICH CONNECTS PEOPLE AND INSTITUTIONS IN ASIA AND THE WORLD. 69 66 237 132 -340 -2400 30519057 30162146 1342013 1969688 4704360 1891900 969516 1233561 37534946 35257295 1732216 1080296 0 0 17016882 17338200 219500 252021 3240138 11886611 14053961 30855209 32724478 6679737 2532817 119347039 124467823 20495704 21794739 98851335 102673084 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. false false 5572716 204262 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. 9067985 10000 866265 POLICY AND BUSINESS PROGRAM DIVISION - THE ASIA SOCIETY POLICY INSTITUTE IS THE PRINCIPLE INITIATIVE IN THE POLICY AND BUSINESS PROGRAMS DIVISION. 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. 4809336 916558 830755 EDUCATION AND LEADERSHIP DIVISION - THE DIVISION SEEKS TO CATALYZE SCHOOL SYSTEMS, SCHOOLS, TEACHERS AND YOUTH THEMSELVES TO CREATE A PIPELINE OF GLOBALLY COMPETENT YOUNG LEADERS WHO HAVE 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. FOR MORE INFORMATION, SEE SCHEDULE O. 1368205 COMMUNICATIONS DIVISION 1694885 153738 68406 US CENTERS AND ASIAN ACTIVITIES 1341892 AUXILIARY SERVICES 4404982 153738 68406 23855019 true true false false false false false true false true true true false false true true true false false true true true false true true true false true false true true false false false false false false false false false true true true false false false false false false false true 220 0 true 237 true false true CH false false false true true false false false false false false X 69 66 true false false false false false false true true false true true true true true true true true true false false 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 10021 X Josette M Sheeran President & CEO 40.0 0.0 X X 911553 0 25877 Kevin M Rudd President, ASPI 30.0 0.0 X X 988541 0 49368 Chan Heng Chee Co-Chair 1.0 0.0 X X 0 0 0 Betsy Z Cohen Vice Chair & Secretary 1.0 0.0 X X 0 0 0 Lewis B Kaden Vice Chair 1.0 0.0 X X 0 0 0 Robert Niehaus Treasurer 1.0 0.0 X X 0 0 0 John L Thornton Co-Chair 1.0 0.0 X X 0 0 0 Lulu C Wang Vice Chair 1.0 0.0 X X 0 0 0 Nicolas Aguzin TRUSTEE 1.0 0.0 X 0 0 0 HRH Turki al Faisal TRUSTEE 1.0 0.0 X 0 0 0 Edward R Allen III TRUSTEE 1.0 0.0 X 0 0 0 Isaac Applbaum TRUSTEE 1.0 0.0 X 0 0 0 Francisco Aristeguieta TRUSTEE 1.0 0.0 X 0 0 0 Mohit Assomull TRUSTEE 1.0 0.0 X 0 0 0 Joseph Y Bae TRUSTEE 1.0 0.0 X 0 0 0 Nicolas Berggruen TRUSTEE 1.0 0.0 X 0 0 0 Hamid Biglari TRUSTEE 1.0 0.0 X 0 0 0 Stephen Bird TRUSTEE - END 10/2018 1.0 0.0 X 0 0 0 J Frank Brown TRUSTEE 1.0 0.0 X 0 0 0 Michael S Chae TRUSTEE 1.0 0.0 X 0 0 0 Ronnie C Chan TRUSTEE - END 09/2018 1.0 0.0 X 0 0 0 Albert Chao TRUSTEE 1.0 0.0 X 0 0 0 Purnendu Chatterjee TRUSTEE 1.0 0.0 X 0 0 0 Chen Guoqing TRUSTEE 1.0 0.0 X 0 0 0 Duncan Clark TRUSTEE 1.0 0.0 X 0 0 0 Henry Cornell TRUSTEE 1.0 0.0 X 0 0 0 Frederick M Demopoulos TRUSTEE - EFFECTIVE 03/2019 1.0 0.0 X 0 0 0 Beth E Dozoretz TRUSTEE 1.0 0.0 X 0 0 0 Richard Drobnick TRUSTEE 1.0 0.0 X 0 0 0 Anne B Ehrenkranz TRUSTEE 1.0 0.0 X 0 0 0 J Michael Evans TRUSTEE 1.0 0.0 X 0 0 0 Renee Fleming TRUSTEE 1.0 0.0 X 0 0 0 Jamshyd Godrej TRUSTEE 1.0 0.0 X 0 0 0 Toyoo Gyohten TRUSTEE 1.0 0.0 X 0 0 0 Susan S Hakkarainen TRUSTEE 1.0 0.0 X 0 0 0 George G Hicks TRUSTEE 1.0 0.0 X 0 0 0 Doris Magsaysay Ho TRUSTEE 1.0 0.0 X 0 0 0 W Bradford Hu TRUSTEE - EFFECTIVE 10/2018 1.0 0.0 X 0 0 0 Omar Ishrak TRUSTEE 1.0 0.0 X 0 0 0 Mitchell R Julis TRUSTEE 1.0 0.0 X 0 0 0 K S Sonny Kalsi TRUSTEE 1.0 0.0 X 0 0 0 Adrian T Keller TRUSTEE 1.0 0.0 X 0 0 0 Caroline Kennedy TRUSTEE 1.0 0.0 X 0 0 0 Mahmood J Khimji TRUSTEE 1.0 0.0 X 0 0 0 James Kondo TRUSTEE - EFFECTIVE 10/2018 1.0 0.0 X 0 0 0 Willem Kooyker TRUSTEE - END 08/2018 1.0 0.0 X 0 0 0 Chong-Moon Lee TRUSTEE 1.0 0.0 X 0 0 0 Lee Hong-Koo TRUSTEE 1.0 0.0 X 0 0 0 Ido Leffler TRUSTEE 1.0 0.0 X 0 0 0 Strive Masiyiwa TRUSTEE 1.0 0.0 X 0 0 0 Harold McGraw III TRUSTEE 1.0 0.0 X 0 0 0 Asheet Mehta TRUSTEE 1.0 0.0 X 0 0 0 John D Negroponte TRUSTEE 1.0 0.0 X 0 0 0 Harold J Newman TRUSTEE 1.0 0.0 X 0 0 0 Gaoning Frank Ning TRUSTEE 1.0 0.0 X 0 0 0 Indra K Nooyi TRUSTEE 1.0 0.0 X 0 0 0 Richard Plepler TRUSTEE 1.0 0.0 X 0 0 0 Thierry Porte TRUSTEE - EFFECTIVE 10/2018 1.0 0.0 X 0 0 0 Stephen Riady TRUSTEE - EFFECTIVE 03/2019 1.0 0.0 X 0 0 0 Charles P Rockefeller TRUSTEE 1.0 0.0 X 0 0 0 James E Rogers TRUSTEE - END 12/2018 1.0 0.0 X 0 0 0 Nicolas Rohatyn TRUSTEE 1.0 0.0 X 0 0 0 Denise Saul TRUSTEE 1.0 0.0 X 0 0 0 Stephen A Schwarzman TRUSTEE 1.0 0.0 X 0 0 0 Neil Shen TRUSTEE 1.0 0.0 X 0 0 0 DONG BIN SHIN TRUSTEE 1.0 0.0 X 0 0 0 Warwick L Smith TRUSTEE 1.0 0.0 X 0 0 0 Harit Talwar TRUSTEE - EFFECTIVE 03/2019 1.0 0.0 X 0 0 0 Oscar L Tang TRUSTEE 1.0 0.0 X 0 0 0 Anthony Walton TRUSTEE - END 01/2019 1.0 0.0 X 0 0 0 Kenneth Wilcox TRUSTEE 1.0 0.0 X 0 0 0 Zhang Xin TRUSTEE 1.0 0.0 X 0 0 0 James D Zirin TRUSTEE 1.0 0.0 X 0 0 0 Fernando Zobel de Ayala TRUSTEE 1.0 0.0 X 0 0 0 Thomas Nagorski Executive VP 40.0 0.0 X 325115 0 54380 Donald Nagle CFO & Senior VP - END 11/2018 40.0 0.0 X 251650 0 34490 Julia Nelson CFO - EFFECTIVE 11/2018 40.0 0.0 X 31939 0 929 Anthony Jackson VP Educ. & Dir. Center 40.0 0.0 X 225136 0 52411 Christine Davies VP, Global PSHIPS - END 1/2019 40.0 0.0 X 236330 0 21316 Boon Hui Tan VP for Global Arts, Cultural 40.0 0.0 X 280101 0 28548 Paula Hunker Chief Operations Officer 40.0 0.0 X 215094 0 16610 Wendy Cutler VP Managing Director 40.0 0.0 X 280741 0 20222 Anne Godshall Chief Merchandising OFFICER 40.0 0.0 X 190368 0 21916 Shayne Doty Man Dir. OF PHIL. - END 1/2019 40.0 0.0 X 239797 0 22608 Orville Schell Arther Ross Director 40.0 0.0 X 303092 0 39378 Daniel Russel VP Int'l Sec.-EFFECTIVE 4/2018 40.0 0.0 X 195790 0 128 Bruce Pickering VP & SR ADVISOR - END 04/2018 40.0 0.0 X 188949 0 8040 4864196 0 396221 40 true true false RHODIUM GROUP LLC 5 COLUMBUS CIRCLE NEW YORK NY 10019 CONSULTING 260000 COMMUNITY COUNSELLING SERVICE PO BOX 824885 PHILADEPHIA PA 191824885 CONSULTING 208000 UNIVERSAL SERVICES OF AMERICA PO BOX 828854 PHILADELPHIA PA 191828854 SECURITY SERVICES 117205 LEAH THOMPSON 701 GRAMERCY DRIVE LOS ANGELES CA 90005 CONSULTING 105000 25 BROADWAY BALLROOM LLC 110 E 42ND STREET NEW YORK NY 10017 EVENTS & CATERING 104359 5 1173190 1940203 259049 26789704 3254712 30162146 EDUCATION PROGRAM REVENUE 900099 844584 844584 GLOBAL POLICY & BUSINESS PROGRAMS 900099 372870 372870 PROGRAM ADMISSION FEES 900099 232746 232746 TOUR FEES 900099 391228 391228 CO-SPONSOR FEE 900099 87502 87502 40758 40758 1969688 699501 699501 0 252109 252109 537970 17144 520826 0 520826 520826 8108905 6916506 1192399 1192399 1192399 984421 1940203 831070 153351 153351 83660 68325 15335 15335 526683 234403 292280 292280 INCOME FROM INVST LPS-SCH O 525990 -340 -340 -340 35257295 1969688 -340 3125801 926558 926558 0 153738 153738 0 3552502 2521296 801937 229269 0 10968976 8088933 1563008 1317035 460539 337957 70538 52044 1372119 1058838 152633 160648 984064 746306 128904 108854 0 72529 27053 45476 0 127550 127550 0 252021 252021 389394 0 389394 0 4469720 3545392 789075 135253 126634 126634 1701270 1027075 478258 195937 406967 109835 238525 58607 0 1114775 923520 133680 57575 2122889 1464179 161222 497488 0 392527 361213 31314 0 531321 432492 69642 29187 0 1397428 1138519 181784 77125 224968 66616 158352 Printing & Publications 295709 258623 15837 21249 Equip Rental & Maint 564684 446031 77165 41488 OTHER RENOV COSTS 115596 94211 15027 6358 32724478 23855019 5629321 3240138 X 5046998 5254664 269304 270130 16985079 12632440 270750 458962 0 0 0 0 0 0 118850 114358 366535 609560 55379366 34639846 21002553 20739520 39623923 40101137 35584629 44215854 0 0 0 0 78418 71198 119347039 124467823 3478770 3866002 0 0 0 0 0 0 0 0 0 0 16482761 15857035 0 0 534173 2071702 20495704 21794739 X 4896993 2505926 34223849 31427715 59730493 68739443 98851335 102673084 119347039 124467823 X 2532817 2826121 -1537189 X false true X true false X 22443429 24447612 28797534 30519057 30162146 136369778 0 0 22443429 24447612 28797534 30519057 30162146 136369778 22485272 113884506 1544822 1528821 1252521 1071404 1489580 6887148 0 0 143256926 16122383 0.79497 0.80510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 69851751 9039976 4081891 3653270 79320348 63717346 3571506 6118894 3555995 69851751 55806396 1550000 10105612 3744662 63717346 61075888 2090000 -3804632 3554860 55806396 63253013 90000 1160031 3427156 61075888 0.02541 0.86645 0.10814 false false 2032010 2032010 39120828 22058818 17062010 14226528 12581028 1645500 20739520 LONG/SHORT HEDGE FUNDS 9506951 F ABSOLUTE RETURN HEDGE FUNDS 19690564 F OTHER FUNDS OF FUNDS 4093505 F EMERGING MARKET SECURITIES 5490405 F PRIVATE EQUITY 3417776 F DEVELOPED MARKET EQUITY TRUST 2016653 F 44215854 0 INTEREST RATE SWAP LIABILITIES 2071702 2071702 X 36255029 2826121 -1537529 1288592 34966437 389394 -98536 290858 35257295 32433280 98196 98196 32335084 389394 389394 32724478 Form 990, Schedule D, 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 2019, NO ART WAS ACQUIRED WITH DONOR-RESTRICTED FUNDS. DURING 2018, ART WAS ACQUIRED WITH DONOR-RESTRICTED FUNDS AT A COST OF $305,606. THIS EXPENDITURE WAS INCLUDED IN CULTURAL PROGRAMS EXPENSES IN THE STATEMENT OF ACTIVITIES. Form 990, Schedule D, 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. Form 990, Schedule D, Part V 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. Form 990, Schedule D, Part X THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAX 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 IT WILL CONTINUE TO BE EXEMPT FROM TAXES. Form 990, Schedule D, Part XI, LINE 2D CHANGE IN FAIR VALUE OF INTEREST RATE SWAP (1,537,529) Form 990, Schedule D, Part XI, LINE 4B RECLASS OF COGS (234,403) RECLASS OF SPECIAL EVENT EXPENSES 153,351 RECLASS OF RENTAL EXPENSES (17,144) INCOME FROM INVESTMENT IN LIMITED PARTNERSHIPS (340) ----------- TOTAL $ (98,536) Form 990, Schedule D, Part XII, Line 2d RECLASS OF COGS 234,403 RECLASS OF SPECIAL EVENT EXPENSES (153,351) RECLASS OF RENTAL EXPENSES 17,144 ----------- TOTAL $ 98,196 true East Asia and the Pacific 1 Program Services Consulting 25926 East Asia and the Pacific Program Services Conference 58516 Europe (Including Iceland and Greenland) Program Services Conference 6466 East Asia and the Pacific Grantmaking 153738 Central America and the Caribbean Investments 21029090 Europe (Including Iceland and Greenland) Investments 2444715 1 1 23718451 23718451 East Asia and the Pacific SUPPORT-PT V 111513 WIRETRANSFER East Asia and the Pacific SUPPORT-PT V 42225 WIRETRANSFER 2 true false true true true false 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 ACTIVITIES CONDUCTED IN EAST ASIA AND THE PACIFIC REGION INCLUDE FIVE MEETINGS AND CONFERENCES: ASIA 21 YOUNG LEADERS SUMMIT, ASPI COUNCIL MEETING, CARBON MARKETS IN ASIA-PACIFIC SPIN OFF FROM ECO AND GLOBAL CITIES EDUCATONS NETWORK. ONE CONFERENCE CONDUCTED IN EUROPE: ANNUAL GLOBAL CLIMATE MEETING. 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 FY19 WAS TO SUPPORT THE ASIA SOCIETY HONG KONG AND JAPAN CENTER. 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TOWNSHIP PUBLIC SCHOOLS 2565 PRINCETON PIKE LAWRENCEVILLE NJ 08648 216000225 LAWRENCEVILLE 11193 LANGUAGE TEACHING LITTLE RED SCHOOL HOUSE & ELISABETH IRWIN HIGH SCH 40 CHARLTON STREET NEW YORK NY 10014 135562268 12000 LANGUAGE TEACHING LOUISVILLE COLLEGIATE SCHOOL 2427 GLENMARY AVE LOUISVILLE KY 40204 610449630 501 (C) (3) 12500 LANGUAGE TEACHING MASSAPEQUA SCHOOL DISTRICT(MASSAPEQUA UFSD) 4925 MERRICK RD MASSAPEQUA NY 11758 116003415 MASSAPEQUA UFSD 12000 LANGUAGE TEACHING MONONGALIA COUNTY SCHOOLS(BEHALF OF NORTH ELEMENTA 13 SOUTH HIGH STREET MORGANTOWN WV 26501 556000366 6507 LANGUAGE TEACHING NEWTOWN HIGH SCHOOL 12 BERKSHIRE RD NEWTOWN CT 06482 066001643 SANDY HOOK 11275 LANGUAGE TEACHING ONEIDA-HERKIMER-MADISON BOCES 502 COURT ST UTICA NY 13502 156002310 OHM BOCES 11900 LANGUAGE TEACHING OCONOMOWOC AREA SCHOOL DISTRICT W360 N7077 BROWN ST OCONOMOWOC WI 53066 396003743 OASD 8772 LANGUAGE TEACHING OXFORD HILLS COMPREHENSIVE HIGH SCHOOL(MSAD #17) 232 MAIN ST SOUTH PARIS ME 04281 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SIMSBURY PUBLIC SCHOOLS 933 HOPMEADOW ST SIMSBURY CT 06070 066001665 SIMBURY 12000 LANGUAGE TEACHING SUNSET RIDGE ELEMENTARY ACADEMY 1110 MAIN ST EAST HARTFORD CT 06108 066001609 EAST HARTFORD 11698 LANGUAGE TEACHING SYRACUSE JUNIOR HIGH SCHOOL 1450 SOUTH 2000 WEST SYRACUSE UT 84075 876000487 9291 LANGUAGE TEACHING TALLWOOD HIGH SCHOOL 1668 KEMPSVILLE RD VIRGINIA BEACH VA 23464 540722075 VIRGINIA 11414 LANGUAGE TEACHING THE HILL SCHOOL 717 EAST HIGH ST POTTSTOWN PA 19464 231352647 501 (C) (3) 9842 LANGUAGE TEACHING THE PINGRY SCHOOL 131 MARTINSVILLE RD BASKING RIDGE NJ 07920 221493168 501 (C) (3) 11813 LANGUAGE TEACHING THE SCHOOL DISTRICT OF PHILADELPHIA 440 NBROAD STREET PHILADELPHIA PA 19130 236004102 PPSD 12000 LANGUAGE TEACHING TUCSON UNIFIED SCHOOL DISTRICT 2025 E WINSETT ST TUCSON AZ 85719 866000551 TUSD 11624 LANGUAGE TEACHING TYEE MIDDLE SCHOOL 12111 NE 1ST STREET BELLEVUE WA 98005 916001637 BELLEVUE 10646 LANGUAGE TEACHING UNION COUNTY PUBLIC SCHOOLS 400 NORTH CHURCH ST MONROE NC 28112 566001123 MONROE 25000 LANGUAGE TEACHING WASHINGTON INTERNATIONAL SCHOOL 3100 MACOMB STREET NW WASHINGTON DC 20008 520822077 501 (C) (3) 12000 LANGUAGE TEACHING WARDLAW-HARTRIDGE SCHOOL 1295 INMAN AVE EDISON NJ 08820 222109610 501 (C) (3) 11675 LANGUAGE TEACHING WEST HARTFORD PUBLIC SCHOOLS 50 SOUTH SLOPE DRIVE BERLIN CT 06037 066002124 WHPSD 12000 LANGUAGE TEACHING WEST ORANGE PUBLIC SCHOOLS 179 EAGLE ROCK AVENUE WEST ORANGE NJ 07052 226002398 WEST ORANGE 11552 LANGUAGE TEACHING UNIVERSITY SCHOOL OF MILWAUKEE 2100 W FAIRY CHASM RD MILAUKEE WI 53217 396076442 501 (C) (3) 13421 LANGUAGE TEACHING YSLETA INDEPENDENT SCHOOL DISTRICT 9600 SIMS DRIVE EL PASO TX 79925 746002473 YISD 12000 LANGUAGE TEACHING EDWARD BLEEKER JHS 185 147-26 25TH DRIVE FLUSHING NY 11354 690210637 11566 LANGUAGE TEACHING (AMHS)ARLINGTON MEMORIAL HS(BATTENKILL VALLEY SU 529 EAST ARLINGTON ROAD ARLINGTON VT 05250 036000347 ARLINGTON 12200 LANGUAGE TEACHING SAMMAMISH HIGH SCHOOL 100 140TH AVE SE BELLEVUE WA 98005 916001637 BELLEVUE 11764 LANGUAGE TEACHING THE ASSOCIATED PRESS 200 LIBERTY STREET NEW YORK NY 10281 130452880 10000 OZ ELLIOT PRIZE DALTON SCHOOL 108 EAST 89TH STREET NEW YORK NY 10128 132751872 501 (C) (3) 12000 LANGUAGE TEACHING HACKLEY SCHOOL 293 Benedict Ave TARRYTOWN NY 10591 131740452 501 (C) (3) 30000 LANGUAGE TEACHING 56 18 Form 990, SCHEDULE 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. X X true true X X X X true false false false false false false true false Josette M Sheeran President & CEO 605157 0 200000 0 106396 0 13750 0 12127 0 937430 0 0 0 Thomas Nagorski Executive VP 324857 0 0 258 0 17736 0 36644 0 379495 0 0 0 Donald Nagle CFO & Senior VP - END 11/2018 251269 0 0 381 0 12848 0 21642 0 286140 0 0 0 Anthony Jackson VP Educ. & Dir. Center 224374 0 0 762 0 12409 0 40002 0 277547 0 0 0 Christine Davies VP, Global PSHIPS - END 1/2019 236330 0 0 0 12646 0 8670 0 257646 0 0 0 Kevin M Rudd President, ASPI 748145 0 0 240396 0 13750 0 35618 0 1037909 0 0 0 Boon Hui Tan VP for Global Arts, Cultural 279963 0 0 138 0 15017 0 13531 0 308649 0 0 0 Paula Hunker Chief Operations Officer 211332 0 0 3762 0 5042 0 11568 0 231704 0 0 0 Bruce Pickering VP & SR ADVISOR - END 04/2018 140268 0 0 48681 0 7215 0 825 0 196989 0 0 0 Wendy Cutler VP Managing Director 280345 0 0 396 0 15017 0 5205 0 300963 0 0 0 Anne Godshall Chief Merchandising OFFICER 190110 0 0 258 0 10204 0 11712 0 212284 0 0 0 Shayne Doty Man Dir. OF PHIL. - END 1/2019 239539 0 0 258 0 12727 0 9881 0 262405 0 0 0 Orville Schell Arther Ross Director 301856 0 0 1236 0 16499 0 22879 0 342470 0 0 0 Daniel Russel VP Int'l Sec.-EFFECTIVE 4/2018 195673 0 0 117 0 0 0 128 0 195918 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1a FIRST-CLASS OR CHARTER TRAVEL: IN ACCORDANCE WITH HIS EMPLOYMENT CONTRACT, FIRST CLASS TRAVEL IS PROVIDED FOR THE PRESIDENT OF THE ASIA SOCIETY POLICY INSTITUTE (ASPI). THIS IS NOT TREATED AS TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSON USE: THE PRESIDENT AND CEO, AND PRESIDENT-ASPI ARE PROVIDED A HOUSING ALLOWANCE. THIS IS TREATED AS TAXABLE COMPENSATION AND INCLUDED IN THEIR FORM W-2. FORM 990, SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENT: BRUCE PICKERING $48,330 FORM 990, SCHEDULE J, PART I, LINE 7 THE PRESIDENT'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 ISSUE false false false A 860000 0 16795000 0 0 0 335900 97499 0 0 16361601 0 2015 true false true true A 0 A false true false true TORONTO DOMINION 30. false false false 0 false true A true 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. MITCHELL JULIS TRUSTEE 350000 INVEST CAP CALL false FORM 990, SCHEDULE L, PART IV IN JUNE 2017, 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 AND WAS NOT AWARE OF THE INVESTMENT IN THE CANYON PARTNERS FUND UNTIL AFTER THE COMMITTEE APPROVED THE TRANSACTION. THE AMOUNT REPORTED ON SCHEDULE L, PART IV IS THE AMOUNT OF THE CAPITAL CALL DURING THE FISCAL YEAR ENDED JUNE 30, 2019. X 9 X 26 3010498 AVERAGE MARKET PRICE X AUCTION 10 133050 PER AUCTION PRICE X AIRLINE VOUCHERS 77 15400 AVERAGE MARKET PRICE X BUILDING MATERIALS 143 95764 AVERAGE MARKET PRICE 2 false true true Form 990, Schedule M, Part I, Line 1(b) THE NUMBER REPORTED ON LINE 1(B) REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. Form 990, Schedule M, Part I, Line 25 $133,050 WHICH WAS REPORTED FOR THE AUCTION ITEMS, REPRESENTS THE NET PROCEEDS TO ASIA SOCIETY. Form 990, Schedule M, Part I, Line 31 THE ASIA SOCIETY HAS A GIFT ACCEPTANCE POLICY PERTAINING TO THE REVIEW OF POTENTIAL CONTRIBUTIONS OF ART. Form 990, Schedule M, Part I, Line 32a ASIA SOCIETY USED A THIRD PARTY TO DESIGN AND EXECUTE THE AUCTION. Form 990, Schedule M, Part I, Line 33 ASIA SOCIETY'S COLLECTION PRESERVES ASIAN ART WORK FOR PUBLIC VIEW, AS WELL AS TO BE USED IN EDUCATIONAL EXHIBITIONS AND PUBLICATIONS. IT IS MADE UP OF A COLLECTION OF TRADITIONAL ASIAN ART TO WHICH A GROWING NUMBER OF ASIAN CONTEMPORARY ART OBJECTS IS BEING ADDED. Form 990, Part III, Line 4a 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 HISTORICAL TO CONTEMPORARY 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 OFTEN ACCOMPANIED BY CATALOGUES AND OTHER PUBLICATIONS, AND SOME EXHIBITIONS TOUR NATIONALLY AND INTERNATIONALLY. ASIA SOCIETY PROVIDES CULTURAL 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 OF ASIAN AND ASIAN AMERICAN ARTS AND CULTURE. 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 4b POLICY AND BUSINESS PROGRAMS DIVISION THE ASIA SOCIETY POLICY INSTITUTE IS THE PRINCIPLE INITIATIVE IN THE POLICY AND BUSINESS PROGRAMS DIVISION. 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 ADVISORS, FELLOWS, AND THE PREMIER ASIA-WIDE NETWORK OF EXPERTS, ASPI PROVIDES A UNIQUE PLATFORM FOR POLICY DEVELOPMENT. IT BOASTS A TRULY ASIA-WIDE SCOPE; PARTICIPATION FROM BUSINESS AND POLICY LEADERS ON EQUAL FOOTING; AND WORLD-LEADING CONVENING AND RESEARCH CAPABILITIES. WE BELIEVE THIS FORMULA IS UNIQUELY SUITED TO ADVANCING INTERNATIONAL COOPERATION AND EFFECTIVE POLICYMAKING DURING A CENTURY IN WHICH ASIA'S INFLUENCE IS INCREASINGLY PROMINENT. 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 AS IT DOES 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 BOTH 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. ANOTHER KEY INITIATIVE IS A DOCUMENTARY PHOTOGRAPHY AND VIDEO EXHIBITION AND PROJECT, COAL+ICE, WHICH DEPICTS THE RECEDING GLACIARS IN THE HIMALAYAS AND THE COAL WORKERS OF CHINA. A MAJOR MONTH-LONG, INTERDISCIPLINARY COAL+ICE FESTIVAL TOOK PLACE IN SAN FRANCISCO IN FALL 2018. Form 990, Part III, Line 4c EDUCATION AND LEADERSHIP PROGRAMS DIVISION THE DIVISION SEEKS TO CATALYZE SCHOOL SYSTEMS, SCHOOLS, TEACHERS AND YOUTH THEMSELVES TO CREATE A PIPELINE OF GLOBALLY COMPETENT YOUNG LEADERS WHO HAVE 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 THE 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. 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 PREMIER EDUCATION LEADERS IN THE U.S. AND ASIA ARE CONVENED TO SPARK INNOVATIONS THAT PROMOTE HIGHER ACHIEVEMENT AND GLOBAL COMPETENCE IN MILLIONS IN THE GLOBAL CITIES EDUCATION NETWORK. IT IS THE ONLY MECHANISM IN EXISTENCE 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. 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. IN THE U.S., THE DIVERSITY LEADERSHIP FORUM PROVIDES A VITAL PLATFORM FOR CORPORATIONS TO DISCUSS DIVERSITY AND INCLUSION ISSUES AND BEST PRACTICES IN REGARDS TO ASIAN PROFESSIONALS. THE ANNUAL ONE-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. Form 990, Part III, Line 4d OTHER PROGRAM SERVICES ONLINE/COMMUNICATIONS DIVISION THE SOCIETY PURSUES ITS MISSION TO EDUCATE THE PUBLIC THROUGH INNOVATIVE ONLINE PROGRAMMING ACTIVITIES AS WELL. THE WORK OF THE ONLINE/COMMUNICATIONS DIVISION INCLUDES CONTRIBUTIONS FROM NEW YORK AS WELL AS OUR TEN 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 IS CURRENTLY OVER 3 MILLION 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. 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, INDIA, KOREA, THE PHILIPPINES, TOKYO AND HONG KONG-WHICH OPENED A BUILDING OF ITS OWN IN FEBRUARY 2012. THEY ARE EACH SEPARATE, LEGAL AND FINANCIALLY INDEPENDENT ENTITIES AND OPERATE IN CONCERT WITH ASIA SOCIETY BASED ON A GLOBAL OPERATING AGREEMENT. EUROPEAN ACTIVITIES AN AFFILIATE CENTER WAS ESTABLISHED IN ZURICH, SWITZERLAND IN JANUARY 2016 WITH WHICH ASIA SOCIETY IS ASSOCIATED (NOT INCLUDED IN THE FINANCIAL MATERIALS IN THE FORM 990). AUXILIARY SERVICES THE SOCIETY OPERATES A SPECIALIZED STORE AND CAF AND PROVIDES CONFERENCE FACILITIES AT ITS HEADQUARTERS BUILDING IN NEW YORK. THE STORE, ASIA STORE, 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 CAF PROVIDES ASIAN-INSPIRED FOODS TO NEW YORK CITY DINERS. THE AUDITORIUM, CAF 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. Form 990, Part VI, 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. STEPHEN BIRD, W. BRADFORD HU AND FRANCISCO ARISTEGUIETA HAVE A BUSINESS RELATIONSHIP. THEY ARE OFFICERS OF CITIGROUP INC. Form 990, Part VI, 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, 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, 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, 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 $340 DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P. Form 990, Part X, Line 27 and Line 28 Net Asset Reclassifications Beginning net asset balances for the year ended June 30, 2018 were reclassified from net assets without donor restrictions to net assets with donor restrictions in the amount of $676,201 to implement ASU 2016-14. FORM 990, PART XI, LINE 9 OTHER CHANGE IN NET ASSETS CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $(1,537,529) INCOME FROM INVESTMENT IN LIMITED PARTNERSHIPS $340 ----------- TOTAL $(1,537,189) FORM 990 PART IX LINE 11G DESCRIPTION:Consulting/Other Prof Fees TOTAL FEES:3449206 FORM 990 PART IX LINE 11G DESCRIPTION:Recruiting Expense TOTAL FEES:99016 FORM 990 PART IX LINE 11G DESCRIPTION:Honorarium TOTAL FEES:64252 FORM 990 PART IX LINE 11G DESCRIPTION:Artist Fees, Photographer TOTAL FEES:148684 FORM 990 PART IX LINE 11G DESCRIPTION:EMPLOYMENT AGENCY SERVICES TOTAL FEES:92105 FORM 990 PART IX LINE 11G DESCRIPTION:Packing TOTAL FEES:83364 FORM 990 PART IX LINE 11G DESCRIPTION:Framing & Mounting TOTAL FEES:36665 FORM 990 PART IX LINE 11G DESCRIPTION:Conservation TOTAL FEES:48992 FORM 990 PART IX LINE 11G DESCRIPTION:Security Service Fees TOTAL FEES:339134 FORM 990 PART IX LINE 11G DESCRIPTION:Payroll Services TOTAL FEES:47050 FORM 990 PART IX LINE 11G DESCRIPTION:Expense Management Service TOTAL FEES:61252