Society For Asian Art
- Assets
- $2.7m
- Revenue
- $576.8k
- Investments
- $0.0
- Employees
- 1
- Location
- San Francisco, CA
- Founding
- 03/1960
- Data as of
- 06/2021
- EIN
- 94-6104437
Organization Overview
Society For Asian Art is located in San Francisco, CA. The organization was established in 1960. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Asian Art is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Society For Asian Art generated $576.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $219.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY FOR ASIAN ART OFFERS A WIDE RANGE OF INNOVATIVE, HIGH-QUALITY EDUCATIONAL AND CULTURAL PROGRAMS, ALONG WITH SOCIAL AND CULINARY EVENTS WHERE PARTICIPANTS SHARE THEIR KNOWLEDGE AND ENTHUSIASM. THE ORAGANIZATION SPONSORS FOREIGN AND DOMESTIC TRAVEL, VISITS TO PRIVATE ART DEALERS AND COLLECTIONS, INDEPTH STUDY GROUPS, SPECIAL LECTURES BY LEADING SCHOLARS, LITERATURE COURSES AND SYMPOSIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY OFFERS COURSES, STUDY GROUPS AND SPECIALIZED SUBJECTS AND ASPECTS OF ASIAN ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ehler Spliedt President | OfficerTrustee | 5 | $0 |
Margaret Edwards Vice President | OfficerTrustee | 5 | $0 |
Marsha Vargas Handley Vice President | OfficerTrustee | 5 | $0 |
Ed Baer Treasurer | OfficerTrustee | 5 | $0 |
Etsuko Kobata Adelman Secreatary | Officer | 5 | $0 |
Deborah Clearwaters Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,811 |
| Investment income | $377,060 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $576,807 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $78,938 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,277 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,776 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,534 |
| Information technology | $3,166 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,205 |
| All other expenses | $0 |
| Total functional expenses | $219,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,612 |
| Savings and temporary cash investments | $1,810,547 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $875,409 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,714,568 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $16,550 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $12,735 |
| Other liabilities | $0 |
| Total liabilities | $29,285 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,685,283 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society For Asian Art has recieved totaling $40.
| Awarding Organization | Amount |
|---|---|
Ibm International Foundation Armonk, NY PURPOSE: EMPLOYEE MATCHING GRANT | $40 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Los Angeles County Museum Of Natural History Foundation Los Angeles, CA | $310,771,263 | $64,336,067 |
Academy Museum Foundation Beverly Hills, CA | $718,283,273 | $74,112,519 |
Fine Arts Museums Foundation San Francisco, CA | $293,998,421 | $1,528,655 |
Friends Of Public Radio Arizona Tempe, AZ | $7,510,291 | $7,440,783 |
California Center For The Arts Escondido Foundation Escondido, CA | $1,637,426 | $6,432,180 |
Screen Actors Guild - American Federation Of Television And Radio Los Angeles, CA | $32,891,873 | $7,217,007 |
Carmel Mission Foundation Inc Carmel, CA | $1,231,681 | $982,770 |
All Classical Public Media Inc Portland, OR | $12,996,411 | $4,875,278 |
Oregon Shakespearean Festival Endowment Fund Inc Ashland, OR | $33,018,945 | $1,149,955 |
Ford Theatre Foundation Hollywood, CA | $2,293,812 | $4,065,513 |
Mccallum Theatre Foundation Inc Palm Desert, CA | $10,233,971 | $253,349 |
California State Railroad Museum Foundation Inc Sacramento, CA | $11,474,601 | $3,874,416 |