2019-05-13T14:54:59-05:00 2018-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2017-07-01 133234632 THE ASIA SOCIETY % Julia Nelson ASIA 2122886400 725 PARK AVENUE NEW YORK NY 100215088 JULIA NELSON CFO & SENIOR VP 2123279263 2019-05-10 true PHILLIP GROFF P01247783 2127589700 2019-05-10 167.68.102.5 13407320191335000015 2019-05-13 P 7C0701A46FB5C2AD206194F1AB48422F72D9DAE4 31462D7E604358D5493726803990907BCB83CB78 2017 2019-02-21 02:37:17Z Josette Sheeran 725 PARK AVENUE NEW YORK NY 100215088 45171290 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. 68 65 192 145 -962 40338 28797534 30519057 1622442 1342013 1863677 4704360 1197424 969516 33481077 37534946 1525785 1732216 0 0 17466945 17016882 219500 219500 3052784 12560872 11886611 31773102 30855209 1707975 6679737 110380858 119347039 21009254 20495704 89371604 98851335 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 5701870 500 152827 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. 7257962 35400 283350 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. 5065779 1255366 834150 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. 1267877 COMMUNICATIONS DIVISION 1851143 440950 71686 US CENTERS AND ASIAN ACTIVITIES 1318043 AUXILIARY SERVICES 4437063 440950 71686 22462674 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 188 0 true 192 true false true CH false false false true true false false false false X 68 65 true false false false false false false true true false true true true true true true true true true false false AL AK AR 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 Chan Heng Chee CO-CHAIR- EFFECTIVE 11/2017 3.0 0.0 X X 0 0 0 Ronnie C Chan Co-Chair- END 11/2017, TRUSTEE 3.0 0.0 X X 0 0 0 Betsy Z Cohen Vice Chair & Secretary 1.0 0.0 X X 0 0 0 Henrietta H Fore Co-Chair- END 11/2017 3.0 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- EFFECTIVE 11/2017 3.0 0.0 X X 0 0 0 Lulu Wang Vice Chair 1.0 0.0 X X 0 0 0 Nicolas Aguzin Trustee 1.0 0.0 X 0 0 0 Turki al Faisal Trustee- Effective 11/2017 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- Effective 3/2018 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 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 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 Beth Dozoretz Trustee 1.0 0.0 X 0 0 0 Richard Drobnick Trustee- Effective 11/2017 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 John H Foster Trustee- 11/2017 thru 4/2018 1.0 0.0 X 0 0 0 Stephanie T Foster Trustee- END 11/2017 1.0 0.0 X 0 0 0 Jamshyd Godrej Trustee 1.0 0.0 X 0 0 0 Piyush Gupta TRUSTEE- END 11/2017 1.0 0.0 X 0 0 0 Toyoo Gyohten Trustee 1.0 0.0 X 0 0 0 Susan S Hakkarainen Trustee- Effective 11/2017 1.0 0.0 X 0 0 0 George G Hicks Trustee- Effective 3/2018 1.0 0.0 X 0 0 0 Doris Magsaysay Ho Trustee 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- Effective 11/2017 1.0 0.0 X 0 0 0 Mahmood J Khimji Trustee- Effective 11/2017 1.0 0.0 X 0 0 0 Willem Kooyker Trustee 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 Thomas E McLain TRUSTEE- END 11/2017 1.0 0.0 X 0 0 0 Asheet Mehta Trustee 1.0 0.0 X 0 0 0 David Nazarian Trustee- END 11/2017 1.0 0.0 X 0 0 0 John D Negroponte Trustee 1.0 0.0 X 0 0 0 Harold Newman Trustee 1.0 0.0 X 0 0 0 Thomas R Nides Trustee- END 5/2018 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 Charles Rockefeller Trustee 1.0 0.0 X 0 0 0 James E Rogers Trustee 1.0 0.0 X 0 0 0 Nicolas Rohatyn Trustee 1.0 0.0 X 0 0 0 Charlie Rose TRUSTEE- END 11/2017 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 Oscar L Tang Trustee 1.0 0.0 X 0 0 0 Anthony Walton Trustee 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- Effective 11/2017 1.0 0.0 X 0 0 0 Fernando Zobel de Ayala Trustee 1.0 0.0 X 0 0 0 Josette Sheeran President & CEO 40.0 0.0 X X 884596 0 24956 Kevin Rudd President, ASPI 30.0 0.0 X X 875302 0 46951 Thomas Nagorski Executive VP 40.0 0.0 X 327387 0 47190 Donald Nagle CFO & Senior VP 40.0 0.0 X 248344 0 35578 Anthony Jackson VP Educ. & Dir. Center 40.0 0.0 X 228351 0 47142 Christine Davies VP, Global Partnerships 40.0 0.0 X 236900 0 23700 Khushali Shah COO- END 4/2017 40.0 0.0 X 67759 0 10134 Boon Hui Tan VP for Global Arts, Cultural 40.0 0.0 X 280586 0 14302 Paula Hunker VP & COO 40.0 0.0 X 95971 0 15091 Bruce Pickering VP & SR ADVISOR- END 6/2018 40.0 0.0 X 159897 0 9470 Wendy Cutler VP Managing Director 40.0 0.0 X 282092 0 17370 Anne Godshall Chief Merchandising officer 40.0 0.0 X 190300 0 20736 Shayne Doty Managing Dir. of philanthropy 40.0 0.0 X 238613 0 21784 Orville Schell Arthur Ross Director 40.0 0.0 X 305510 0 46951 Jonathan Karp Executive Director 40.0 0.0 X 171153 0 10053 4592761 0 391408 37 false true false RHODIUM GROUP LLC 5 COLUMBUS CIRCLE NEW YORK NY 10019 CONSULTING 200000 UNIVERSAL SERVICES OF AMERICA PO BOX 828854 PHILADELPHIA PA 191828854 SECURITY SERVICES 184258 COMMUNITY COUNSELLING SERVICE PO BOX 824885 PHILADEPHIA PA 191824885 CONSULTING 160000 25 BROADWAY BALLROOM LLC 110 E 42ND STREET NEW YORK NY 10017 SERVICE PROVIDER 135390 INSIGHT EXHIBITS LLC 75 BRYANT TRAIL CARMEL NY 10509 SERVICE PROVIDER 122655 5 1351072 3031327 341154 25795504 1756823 30519057 EDUCATION PROGRAM REVENUE 900099 841272 841272 PROGRAM ADMISSION FEES 900099 252090 252090 CO-SPONSOR FEE 900099 121794 121794 TOUR FEES 900099 91200 91200 GLOBAL POLICY & BUSINESS PROGRAMS 900099 29457 29457 6200 6200 1342013 599189 599189 0 209045 209045 263170 12742 250428 0 250428 250428 10841733 6736562 4105171 4105171 4105171 791075 3031327 612934 178141 178141 36305 25143 11162 11162 570665 248963 321702 321702 INCOME FROM INVST LPS-SCH O 525990 -962 -962 -962 37534946 1342013 -962 5674838 1281266 1281266 0 450950 450950 0 3553680 2320593 881449 351638 0 10762944 7830982 1740384 1191578 418416 305634 71737 41045 1294607 1003849 127673 163085 987235 738455 132649 116131 0 82631 17447 62396 2788 121981 121981 0 219500 219500 373420 373420 3039548 2452062 397551 189935 85649 85649 1534638 1047420 288222 198996 273532 31454 175057 67021 0 969768 747241 163867 58660 1789006 1463246 104894 220866 0 273689 240836 29321 3532 520771 393182 88531 39058 0 1363699 1029557 231686 102456 214319 64569 149584 166 Printing & Publications 223225 181803 12908 28514 Equip Rental & Maint 398858 233068 131995 33795 Collection acquisition 301606 301606 Other Renov Costs 320271 241805 54446 24020 30855209 22462674 5339751 3052784 3930509 5046998 396189 269304 13781838 16985079 347900 270750 61033 0 0 0 0 0 115938 118850 229335 366535 54278331 33275778 21556816 21002553 39382263 39623923 30501384 35584629 0 0 0 0 77653 78418 110380858 119347039 2791160 3478770 0 0 0 0 0 0 0 0 0 0 17092588 16482761 0 0 1125506 534173 21009254 20495704 X 3139851 4220792 30072767 34900050 56158986 59730493 89371604 98851335 110380858 119347039 X 6679737 2207699 592295 X false true X true false X 29307075 22443429 24447612 28797534 30519057 135514707 0 0 29307075 22443429 24447612 28797534 30519057 135514707 20815283 114699424 1562322 1544822 1528821 1252521 1071404 6959890 0 0 142474597 15795715 0.80505 0.81712 X X X X X false 63717346 3571506 6118894 3555995 69851751 55806396 1550000 10105612 3744662 63717346 61075888 2090000 -3804632 3554860 55806396 63253013 90000 1160031 3427156 61075888 55706984 219611 10718809 3392391 63253013 0.01920 0.85450 0.12630 false false 2032010 2032010 39113478 20953121 18160357 13132843 12322657 810186 21002553 LONG/SHORT HEDGE FUNDS 8491459 F ABSOLUTE RETURN HEDGE FUNDS 18812730 F OTHER FUNDS OF FUNDS 228563 F EMERGING MARKET SECURITIES 5285957 F PRIVATE EQUITY 2765920 F 35584629 0 INTEREST RATE SWAP LIABILITIES 534173 534173 X 40045084 2207699 591333 2799032 37246052 373420 -84526 288894 37534946 30565353 83564 83564 30481789 373420 373420 30855209 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 2018, ART WAS ACQUIRED WITH DONOR-RESTRICTED FUNDS AT A COST OF $305,606. DURING 2017, NO ART WAS ACQUIRED WITH DONOR-RESTRICTED FUNDS. 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. DURING THE YEARS ENDED JUNE 30, 2018 AND 2017, THE SOCIETY WAS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES. 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, SCH D, PART XI, LINE 2D CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 591,333 Form 990, Schedule D, Part XI, Line 4b RECLASS OF COGS (248,963) RECLASS OF SPECIAL EVENT EXPENSES 178,141 RECLASS OF RENTAL EXPENSES (12,742) INCOME FROM INVESTMENT IN LIMITED PARTNERSHIPS (962) ----------- TOTAL $(84,526) Form 990, Schedule D, Part XII, Line 2d RECLASS OF COGS 248,963 RECLASS OF SPECIAL EVENT EXPENSES (178,141) RECLASS OF RENTAL EXPENSES 12,742 ----------- TOTAL $ 83,564 true East Asia and the Pacific 1 Program Services Consulting 92475 East Asia and the Pacific Program Services Conference 248063 Europe (Including Iceland and Greenland) Program Services Conference 9246 East Asia and the Pacific Grantmaking 450950 Central America and the Caribbean Investments 19550580 Europe (Including Iceland and Greenland) Investments 2409144 1 1 22760458 22760458 East Asia and the Pacific SUPPORT-PT V 353742 WIRETRANSFER East Asia and the Pacific SUPPORT-PT V 87208 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 SEVEN MEETINGS AND CONFERENCES: ASIA 21 YOUNG LEADERS SUMMIT, ART & MUSEUM SUMMIT, ASPI COUNCIL MEETING, CARBON PRICING IN JAPAN AND REGIONAL COOPERATION PROSPECTS, U.S - KOREA ECONOMIC AGENDA, INTERNATIONAL CONFERENCE ON PARIS AGREEMENT AND NEACM, AND TRADE FORUM GROUP DINNER. ONE CONFERENCE CONDUCTED IN EUROPE: LAEKEN DIALOGUE. 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, Col(d) PURPOSE OF GRANT THE PURPOSE OF THE INTERNATIONAL GRANTS MADE IN FY18 WAS TO SUPPORT THE ASIA SOCIETY HONG KONG AND JAPAN CENTER. 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NORTH ELEMENTARY SCHOO 13 SOUTH HIGH STREET MORGANTOWN WV 26501 556000366 12000 LANGUAGE TEACHING NEWTOWN HIGH SCHOOL 12 BERKSHIRE RD NEWTOWN CT 06482 066001643 SANDY HOOK 11976 LANGUAGE TEACHING NICHOLS SCHOOL 1250 AMHERST ST BUFFALO NY 14216 160755808 501 (C) (3) 12200 LANGUAGE TEACHING NORTH EAST INDEPENDENT SCHOOL DISTRICT 1400 JACKSON KELLER RD SAN ANTONIO TX 78213 746015301 12000 LANGUAGE TEACHING ONEIDA-HERKIMER-MADISON BOCES 502 COURT ST UTICA NY 13502 156002310 OHM BOCES 13000 LANGUAGE TEACHING OCONOMOWOC AREA SCHOOL DISTRICT W360 N7077 BROWN ST OCONOMOWOC WI 53066 396003743 OASD 25000 LANGUAGE TEACHING OXFORD COMMUNITY SCHOOLS GENERAL FUND 10 N WASHINGTON ST OXFORD MI 48371 386003081 25000 LANGUAGE TEACHING OXFORD HILLS COMPREHENSIVE HIGH SCHOOL 232 MAIN ST SOUTH PARIS ME 04281 016006629 MSAD 11450 LANGUAGE TEACHING PEDDIE SCHOOL 201 SOUTH MAIN STREET HIGHTSTOWN NJ 08520 210634492 501 (C) (3) 12000 LANGUAGE TEACHING PENINSULA SCHOOL DISTRICT 14015 62ND AVE NW GIG HARBOR WA 98332 910854211 WA 10030 LANGUAGE TEACHING PISCATAWAY BOARD OF EDUCATION 1515 STELTON RD PISCATAWAY NJ 08854 226002217 PISCATAWAY BOE 11950 LANGUAGE TEACHING PLAINVIEW-OLD BETHPAGE CENTRAL SCHOOL DISTRICT 106 WASHINGTON AVE PLAINVIEW NY 11803 116001737 POBCSD 13000 LANGUAGE TEACHING PRINCETON PUBLIC SCHOOLS 25 VALLEY ROAD PRINCETON NJ 08540 221817947 PRINCETON 12000 LANGUAGE TEACHING PVCI CHARTER SCHOOL 317 RUSSELL STREET HADLEY MA 01035 331156447 501 (C) (3) 27750 LANGUAGE TEACHING REDDING SCHOOL OF THE ARTS 955 INAPIRATION PLACE REDDING CA 96003 753088185 501 (C) (3) 13100 LANGUAGE TEACHING RENAISSANCE ACADEMY 3435 NORTH 1120 EAST LEHI UT 84043 203365730 501 (C) (3) 13100 LANGUAGE TEACHING RESA 7 1201 N 15TH STREET CLARKSBURG WV 26301 900218812 12900 LANGUAGE TEACHING ROEPER SCHOOL 41190 WOODWARD AVE BLOOMFIELD HILLS MI 48304 381561062 501 (C) (3) 6150 LANGUAGE TEACHING SALT LAKE EDUCATION FOUNDATION 440 EAST 100 SOUTH SALT LAKE CITY UT 84111 742563849 501 (C) (3) 12000 LANGUAGE TEACHING SEMILLAS SOCIEDAD CIVIL 824 ROME DRIVE LOS ANGELES CA 90065 954795129 501 (C) (3) 14100 LANGUAGE TEACHING SEWICKLEY ACADEMY 315 ACADEMY AVE SEWICKLEY PA 15143 250965558 501 (C) (3) 12000 LANGUAGE TEACHING SCHOOL BOARD OF PINELLAS COUNTY 301 4TH ST SW LARGO FL 33770 596000799 12300 LANGUAGE TEACHING SCHOOL DISTRICT OF JANESVILLE 527 S FRANKLIN ST JANESVILLE WI 53548 396002726 JSD 25000 LANGUAGE TEACHING SIMSBURY PUBLIC SCHOOLS 933 HOPMEADOW ST SIMSBURY CT 06070 066001665 SIMBURY 12000 LANGUAGE TEACHING SUFFERN CENTRAL SCHOOL DISTRICT 45 MOUNTAIN AVENUE HILLBURN NY 10931 136007168 12000 LANGUAGE TEACHING SUNSET RIDGE ELEMENTARY ACADEMY 1110 MAIN ST EAST HARTFORD CT 06108 066001609 EAST HARTFORD 12000 LANGUAGE TEACHING SYRACUSE JUNIOR HIGH SCHOOL 1450 SOUTH 2000 WEST SYRACUSE UT 84075 876000487 12992 LANGUAGE TEACHING TALLWOOD HIGH SCHOOL 1668 KEMPSVILLE Rd VIRGINIA BEACH VA 23464 540722075 VIRGINIA 12000 LANGUAGE TEACHING THE HILL SCHOOL 717 EAST HIGH ST POTTSTOWN PA 19464 231352647 501 (C) (3) 12900 LANGUAGE TEACHING THE PINGRY SCHOOL 131 MARTINSVILLE Rd BASKING RIDGE NJ 07920 221493168 501 (C) (3) 14500 LANGUAGE TEACHING THE SCHOOL DISTRICT OF PHILADELPHIA 440 NBROAD STREET PHILADELPHIA PA 19130 236004102 PPSD 10000 LANGUAGE TEACHING TUCSON UNIFIED SCHOOL DISTRICT 2025 EWINSETT STLIRC BLDGLANG TUCSON AZ 85719 866000551 TUSD 12000 LANGUAGE TEACHING TYEE MIDDLE SCHOOL 12111 NE 1ST STREET BELLEVUE WA 98005 916001637 BELLEVUE 24300 LANGUAGE TEACHING UNION COUNTY PUBLIC SCHOOLS 400 NORTH CHURCH ST MONROE NC 28112 566001123 MONROE 47610 LANGUAGE TEACHING WASHINGTON INTERNATIONAL SCHOOL 3100 MACOMB STREET NW WASHINGTON DC 20008 520822077 501 (C) (3) 12500 LANGUAGE TEACHING WARDLAW-HARTRIDGE SCHOOL 1295 INMAN AVE EDISON NJ 08820 222109610 501 (C) (3) 12000 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 10200 LANGUAGE TEACHING WINTON WOODS CITY SCHOOLS 1215 W KEMPER ROAD CINCINNATI OH 45240 316000809 10000 LANGUAGE TEACHING WSWHE BOCES 1153 BURGOYNE AVESUITE 2 FORT EDWARD NY 12828 141760521 WSWHE BOCES 14500 LANGUAGE TEACHING UC SAN DIEGO FOUNDATION 9500 GILMAN DRIVE 0940 LA JOLLA CA 92093 952872494 25000 TASK FORCE UNIVERSITY SCHOOL OF MILWAUKEE 2100 W FAIRY CHASM RD MILAUKEE WI 53217 396076442 501 (C) (3) 13000 LANGUAGE TEACHING YSLETA INDEPENDENT SCHOOL DISTRICT 9600 SIMS DRIVE EL PASO TX 79925 746002473 YISD 13340 LANGUAGE TEACHING EDWARD BLEEKER JHS 185 147-26 25TH DRIVE FLUSHING NY 11354 690210637 12000 LANGUAGE TEACHING 63 26 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 false false false false false false false true false Josette Sheeran President & CEO 606200 0 200000 0 78396 0 13500 0 11456 0 909552 0 0 0 Kevin Rudd President, ASPI 664906 0 0 0 210396 0 13500 0 33451 0 922253 0 0 0 Thomas Nagorski Executive VP 327129 0 0 0 258 0 13500 0 33690 0 374577 0 0 0 Donald Nagle CFO & Senior VP 247948 0 0 0 396 0 12756 0 22822 0 283922 0 0 0 Anthony Jackson VP Educ. & Dir. Center 227955 0 0 0 396 0 11736 0 35406 0 275493 0 0 0 Christine Davies VP, Global Partnerships 236900 0 0 0 0 0 12006 0 11694 0 260600 0 0 0 Boon Hui Tan VP for Global Arts, Cultural 280496 0 0 0 90 0 1442 0 12860 0 294888 0 0 0 Bruce Pickering VP & SR ADVISOR- END 6/2018 159501 0 0 0 396 0 7925 0 1545 0 169367 0 0 0 Wendy Cutler VP Managing Director 281696 0 0 0 396 0 13500 0 3870 0 299462 0 0 0 Anne Godshall Chief Merchandising officer 190042 0 0 0 258 0 9606 0 11130 0 211036 0 0 0 Shayne Doty Managing Dir. of philanthropy 238355 0 0 0 258 0 12006 0 9778 0 260397 0 0 0 Orville Schell Arthur Ross Director 304274 0 0 0 1236 0 13500 0 33451 0 352461 0 0 0 Jonathan Karp Executive Director 171153 0 0 0 0 0 8508 0 1545 0 181206 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. Form 990, Schedule J, Part I, Line 1a 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 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. CERTAIN OFFICERS ARE ELIGIBLE FOR A PERFORMANCE BONUS BASED ON ACHIEVEMENTS OF PRE-ESTABLISHED GOALS. THE RANGE OF THE BONUS IS UP TO 10% OF ANNUAL SALARY. ACTUAL BONUSES ARE RECOMMENDED BY THE PRESIDENT AND CEO AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD. 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 635000 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. 0 MITCHELL JULIS TRUSTEE 970000 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, 2018. X 10 X 9 1578823 Average Market Price X AUCTION 12 178000 Per Auction Price 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 $178,000 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 I, LINE 7B UNRELATED BUSINESS TAXABLE INCOME FROM FORM 990-T THE AMOUNT REPORTED ON PART I, LINE 7B INCLUDES CERTAIN FRINGE BENEFIT EXPENSES SUBJECT TO UNRELATED BUSINESS TAXABLE INCOME UNDER IRC SECTION 512(A)(7) AMOUNTS THAT ARE NOT CLASSIFIED AS REVENUE, AND, THEREFORE, NOT REPORTED AS SUCH ON FORM 990, PART VIII. 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; AND A TRADE FORUM COMPOSED OF SENIOR TRADE EXPERTS TO 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. 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 EXAMINE 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 AND FRANCISCO ARISTEGUIETA HAVE A BUSINESS RELATIONSHIP. BOTH ARE OFFICERS OF CITIGROUP INC. John H. Foster, trustee, and Stephanie T. Foster, trustee, have a family relationship. Both served on the board of the Society within fiscal year 2018, but did not serve at the same time. 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 ($962) DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P. FORM 990, PART XI, LINE 9 OTHER CHANGE IN NET ASSETS CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $591,333 INCOME FROM INVESTMENT IN LIMITED PARTNERSHIPS $962 ----------- TOTAL $592,295