2013-04-24T08:22:10-05:00 2012-06-30 DOEREN MAYHEW ONE RIVERWAY SUITE 1200 HOUSTON TX 77056 990 2011-07-01 030433949 ASIA SOCIETY TEXAS CENTER % H WADE MILLER ASIA 7134699901 1370 SOUTHMORE BLVD HOUSTON TX 77004 H WADE MILLER 2013-03-12 true Barbara A Ashorn 7136221120 2011 2016-03-07 17:11:31Z H WADE MILLER 1370 SOUTHMORE BLVD HOUSTON TX 77004 8271620 false X WWW.ASIASOCIETY.ORG/CENTERS/TEXAS X 1979 TX ASIA SOCIETY IS THE LEADING EDUCATIONAL ORGANIZATION DEDICATED TO PROMOTING MUTUAL UNDERSTANDING AND STRENGHTHENING PARTNERSHIPS AMONG PEOPLES, LEADERS, INSTITUTIONS OF ASIA & THE U.S. IN A GLOBAL CONTEXT. 15 14 21 278 0 4207162 6506931 24505 24249 50137 -51652 215085 236839 4496889 6716367 0 0 0 0 685072 1339508 72000 0 461757 832497 2578751 1589569 3918259 2907320 2798108 51199921 51468058 3600532 1055920 47599389 50412138 X ASIA SOCIETY TEXAS CENTER IS THE LEADING GLOBAL EDUCATIONAL ORGANIZATION DEDICATED TO PROMOTING MUTUAL UNDERSTANDING AND STRENGHTHENING PARTNERSHIPS AMONG PEOPLES, LEADERS, INSTITUTIONS OF ASIA AND THE UNITED STATES IN A GLOBAL CONTEXT. false false 3024313 66621 DURING FISCAL YEAR 2012, ASIA SOCIETY TEXAS CENTER (ASTC) ALLOCATED ITS FINANCIAL RESOURCES AND PERSONNEL TO OPENING ASTC'S NEW FACILITY (THE CENTER). THE GRAND OPENING OF ASTC'S CENTER TO THE PUBLIC TOOK PLACE ON APRIL 15, 2012. OVER 9,000 PEOPLE ATTENDED THE CULTURAL AND EDUCATIONAL PROGRAMS PRODUCED BY ASTC OVER THE WEEK OF ASTC'S GRAND OPENING. WITH THE OPENING OF ASTC'S NEW CENTER, ASTC EXPECTS TO PRODUCE OVER 350 PROGRAMS REACHING OVER 50,000 PEOPLE. THESE PROGRAMS WILL ENCOMPASS ART EXHIBITIONS, PERFORMING ARTS, BUSINESS AND POLICY AND EDUCATION. 3024313 true true false false false false false false false true true false false false false false true false false false false false false false true false false false false false false false false true false true false false true false false false false false false false false false true 32 0 true 21 true false false false false false true true false false false false X 15 14 true false false false false false false true true false false true true true true true true true true false X X H WADE MILLER 7134969916 1370 SOUTHMORE BLVD HOUSTON TX 77004 MARTHA BLACKWELDER 40.0 X X 127500 0 0 CHARLES FOSTER 2.0 X X 0 0 EDWARD R ALLEN III 2.0 X X 0 0 GORDON QUAN 2.0 X X 0 0 ALEXANDER C CHAE 2.0 X X 0 0 THEODORE Y LOUIE 2.0 X X 0 0 NANCY C ALLEN 2.0 X 0 0 ALBERT CHAO 2.0 X JOHN P COGAN JR 2.0 X 0 0 VISHAKHA N DESAI 2.0 X 0 0 GLEN GONDO 2.0 X 0 0 MARTYN GOOSSEN 2.0 X 0 0 KEVIN P LEWIS 2.0 X 0 0 ALI A SABERIOON 2.0 X 0 0 Y PING SUN 2.0 X 0 0 127500 0 0 1 false false false WS BELLOWS CONSTRUCTION CORPORATI PO BOX 2132 HOUSTON TX 772522132 CONSTR OF BLDG 15644605 KENDALL HEATON ASSOCIATES INC 3050 POST OAK BLVD SUITE 1000 HOUSTON TX 77056 CONSTR OF BLDG 151835 TANIGUCHI ASSOCIATES KK 2-17-9 NAGATACHO CHIYODAKU JA 100-0014 ARCHITECTURE 298170 DINI PARTNERS 2727 ALLEN PARKWAY SUITE 700 HOUSTON TX 77019 CONSULTING 120000 PROJECT CONTROL 17300 HENDERSON PASS SUITE 110 SAN ANTONIO TX 78232 CONSTR OF BLDG 161400 5 89337 162148 81700 6173746 166250 6506931 PROGRAM SERVICES REVENUE 900099 24249 24249 24249 20076 20076 0 0 38660 13300 25360 25360 25360 257742 329470 -71728 -71728 -71728 1420250 162148 1212483 207767 207767 0 0 OTHER INCOME 3712 3712 3712 6716367 27961 181475 0 0 0 0 127500 98573 13993 14934 0 957605 608865 173599 175141 0 162397 107675 27146 27576 92006 58792 16533 16681 0 0 27671 22515 2578 2578 0 0 0 89312 38556 1378 49378 204012 164258 19877 19877 173010 146536 13237 13237 39961 32057 3952 3952 0 398098 318088 40005 40005 102166 98198 1984 1984 0 0 0 0 728093 582475 72809 72809 10261 8209 1026 1026 PROGRAM PRODUCTION 218868 218868 ADMINISTRATIVE SUPPORT 160429 129063 15683 15683 ART AND EXHIBITIONS 324517 324517 PARTICIPATION FEE-ASNY 20620 20620 81733 67068 7769 6896 3918259 3024313 432189 461757 434425 1101229 6312361 592608 2136367 3530253 73863 1319794 0 0 0 0 0 0 0 0 35973 79203 45250346 744873 41559996 44505473 646936 339498 0 0 0 0 0 0 0 0 51199921 51468058 2600532 305920 0 0 0 0 0 0 0 0 1000000 750000 0 0 0 0 0 0 3600532 1055920 X 3828541 44978438 43770848 3421032 0 2012668 47599389 50412138 51199921 51468058 X 2798108 14641 X false true true X false X 1425496 955468 12767610 4207162 6506931 25862667 1425496 955468 12767610 4207162 6506931 25862667 16977277 8885390 586839 142495 54800 50137 20076 854347 25360 25360 268129 252780 249199 239590 235728 1245426 27987800 2745893 0.31747 0.37530 X The public support figure may not appear reasonable for this primary reason: During most of the public support test period, ASTC was conducting a Capital Campaign to fund construction of its $48 million headquarters in Houston, Texas. Of the $25,862,667 of contributions received (Part II, Line 1) about $17 million is for the capital campaign. In addition, large one-time gifts of $5 million or greater have been received for the capital campaign which are not included in Schedule A because they qualify as "unusual grants." Most of the excess contributions reported on line 5 are related to the capital campaign and do not fall under the definition of "Public Support". These large gifts have served to lower ASTC's public support percentage. If ASTC had not been engaged in a major capital campaign during that period, the public support figure, as a percentage of total income, would have been approximately 78% for this period. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2012668 2012668 1.00000 true false 4951477 4951477 39209610 653500 38556110 677003 76903 600100 0 412256 14470 397786 44505473 6716367 3918259 2798108 14641 14641 2812749 6875002 73608 71727 145335 6729667 -13300 -13300 6716367 4005167 73608 73608 3931559 -13300 -13300 3918259 INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS PART V, LINE 4 ENDOWMENT ASSETS INCLUDE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S) AS WELL AS BOARD-DESIGNATED FUNDS FOR THE USE OF CAPACITY. OTHER PART XII, LINE 2D REALIZED LOSS ON SECURITIES INCLUDED WITH UNREALIZED GAIN $71,728 OTHER PART XII, LINE 4B SALARY OF FACILITY RENTAL MANAGER .....$7,500 OVERHEAD/OTHER PERSONNEL .............. 5,800 TOTAL RENTAL EXPENSES .................13,300 OTHER PART XIII, LINE 4B SALARY OF FACILITY RENTAL MANAGER .....$7,500 OVERHEAD/OTHER PERSONNEL .............. 5,800 TOTAL RENTAL EXPENSES .................13,300 GRAND OPENING 1582398 162148 1420250 1212483 1 1582398 162148 1420250 1212483 1212483 207767 NANCY ALLEN TO PURCHASE LAND X 1000000 750000 false true true E ALLEN TO PURCHASE NONDEPRECIABLE ASSET X 225000 false true true 750000 X Food Donations 3 87125 ESTIMATED FMV X Oriental Rugs 1 75500 ESTIMATED FMV X Airline Tickets 0 104750 ESTIMATED FMV X Advertising/Website Design 0 10000 ESTIMATED FMV false false false RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PART VI, LINE 2 --EDWARD R. ALLEN III, CO-VICE CHAIR --NANCY C. ALLEN, DIRECTOR --EDWARD IS NANCY C. ALLEN'S SON --CHARLES C. FOSTER, CHAIRMAN --GORDON QUAN, CO-VICE CHAIR --CHARLES FOSTER AND GORDON QUAN ARE PARTNERS AT FOSTER QUAN LLP ORGANIZATION'S PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, LINE 11B THE ORGANIZATION DISTRIBUTES A COPY OF THE FORM 990 TO THE FINANCE COMMITTEE VIA E-MAIL FOR APPROVAL. FROM THE FINANCE COMMITTEE, THE COMMITTEE CHAIRMAN PROVIDES A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS PRIOR TO FILING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS GIVEN TO THE OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ANNUALLY. EACH INDIVIDUAL REVIEWS, IDENTIFIES ANY POTENTIAL CONFLICTS, SIGNS THIS DOCUMENT AND SENDS IT TO THE ORGANIZATION IN A TIMELY MANNER. ALL POTENTIAL CONFLICTS ARE IDENTIFIED AND PRESENTED TO THE CHAIRMAN OF THE BOARD. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S PERFORMANCE IS REVIEWED ANNUALLY BY THE CHAIRMAN, MEMBERS OF THE BOARD OF DIRECTORS OF THE ASIA SOCIETY TEXAS CENTER AND THE SENIOR STAFF IN THE NEW YORK HEAQUARTERS WHO PROVIDE FEEDBACK AND MAKE RECOMMENDATIONS. COMPARABILITY DATA ARE FACTORED INTO DETERMINING THE EXECUTIVE DIRECTOR'S COMPENSATION. COMPENSATION PROCESS FOR OFFICERS FORM 990, PART VI, LINE 15B SEE DESCRIPTION ABOVE. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. SCHEDULE O - ADDITIONAL INFORMATION FORM 990, PART I, LINE 1 - MISSION OR MOST SIGNIFICANT ACTIVITIES ACROSS THE FIELDS OF ARTS, BUSINESS, CULTURE, EDUCATION AND POLICY, THE SOCIETY PROVIDES INSIGHT, GENERATES IDEAS, AND PROMOTES COLLABORATION TO ADDRESS PRESENT CHALLENGES AND CREATE A SHARED FUTURE. DESCRIPTION OF ORGANIZATION ASIA SOCIETY (ASIA SOCIETY NEW YORK) WAS FOUNDED IN NEW YORK BY JOHN D. ROCKEFELLER IN 1956 AS AN EDUCATIONAL INSTITUTION CREATED TO FOSTER UNDERSTANDING BETWEEN ASIANS AND AMERICANS. ELEVEN BRANCH OFFICES WERE LATER OPENED, INCLUDING TEXAS (ASIA SOCIETY TEXAS) IN 1979. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE. IN 2001, THE BOARD OF ASIA SOCIETY TEXAS BEGAN TO EXPLORE THE POSSIBILITY OF BUILDING A PERMANENT FACILITY FOR PROGRAMS AND STAFF OFFICES. IN ORDER TO RAISE FUNDS IN tEXAS FOR THIS CAPITAL BUILDING PROJECT, THE TEXAS OFFICE ACQUIRED A SEPARATE 501(C)(3) INTERNAL REVENUE SERVICE DETERMINATION LETTER WHICH WAS NAMED ASIA SOCIETY: ASIA HOUSE ON APRIL 16, 2002. DURING THIS TIME, THE PROGRAMS AND OTHER OPERATIONS OF ASIA SOCIETY TEXAS CONTINUED TO REPORT TO ASIA SOCIETY NEW YORK WHILE THE FUNDS FOR THE CAPITAL BUILDING PROJECT WERE RAISED AND DECLARED UNDER ASIA SOCIETY: ASIA HOUSE. DURING 2002, ASIA SOCIETY: ASIA HOUSE COMMENCED A CAPITAL CAMPAIGN TO RAISE FUNDS FOR THE CONSTRUCTION OF A FACILITY TO HOUSE ITS PROGRAMS AND PERFORMANCES, AS WELL AS PROVIDE A PERMANENT VENUE FOR THE EXHIBITION OF ART. IN JANUARY 2010, CONSTRUCTION BEGAN ON THE 38,000-SQUARE FOOT STATE-OF-THE-ART FACILITY, DESIGNED BY THE RENOWNED JAPANESE ARCHITECT, YOSHIO TANIGUCHI. THE NEW CENTER INCLUDES A 280-SEAT AUDITORIUM THEATER, ART GALLERY, RECONFIGURABLE MEETING SPACE, CAFE, SPACES FOR PUBLIC RECEPTIONS, AND STAFF OFFICES. THE PROJECT WAS COMPLETED IN FALL 2011, WITH THE GRAND OPENING TO THE PUBLIC IN APRIL 2012. THE CONSOLIDATION OF THE OPERATIONS AND PROGRAMS OF ASIA SOCIETY TEXAS WITH THE CAPITAL CAMPAIGN OF ASIA SOCIETY: ASIA HOUSE OCCURRED ON JULY 1, 2007, WITH THE RESULTING ENTITY RENAMED TO ASIA SOCIETY TEXAS CENTER (ASTC). ASTC BEGAN OVERSIGHT OF ITS OWN CENTER AND CEASED TO BE A CONSOLIDATED BRANCH OF ASIA SOCIETY NEW YORK. AS A RESULT, FINANCIAL MANAGEMENT AND OTHER OVERSIGHT WERE TRANSEFERRED TO ASTC. OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 5 UNREALIZED GAIN ON INVESTMENTS...... 14,641