Annual Information Statement 2020

Legal Name
Asia Society Australasia Centre
ABN
62079890814

About the charity

Charity size
Large
Does the charity fundraise online?
Yes
Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
Yes
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Gen A | Coronavirus and Global Trade with Asia Society Policy Institute Vice President Wendy Cutler
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Program name
Executive Briefing | An update from Japan with Hon. Richard Court AC, Australian Ambassador to Japan
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Program name
Green India. Getting it right
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Program name
Sustaining Asia’s Economic Growth: Why we need to find a path to a low-carbon future
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Program name
Fear, Compassion or Xenophobia: Our Social Responses to Crisis
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Program name
Executive Briefing | An update from Singapore with H.E. Bruce Gosper, Australian High Commissioner
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Program name
Executive Briefing | An update from Taiwan with Gary Cowan, Representative of the Australian Office
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Program name
COVID-19 Expert Update by Professor Peter Doherty
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Program name
Asia Briefing LIVE Preview
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Program name
China Story Yearbook 2019: China Dreams
Program classification
International relations
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65

Description of the charities activities and outcomes
Asia Society Australia promotes greater connectivity and a deeper understanding between Australia and Asia in areas of business, policy, culture and education. Asia Society members (individuals and organisations) gain access to Asia-related events, business forums, boardroom briefings and global leadership programs.

Human Resources

Employees and volunteers
  • Full time employees: 8
  • Part time employees: 2
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 9.24
  • Estimated number of volunteers: 0

Financial Reporting

Charity's 2020 reporting period
1 July 2019 to 30 June 2020
Type of financial statement
Special purpose financial statements
Financial report consolidated with more than one entity?
No
Did your charity have any related party transactions?
No
Does your charity have documented policies or processes about related party transactions?
No
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$0.00
Revenue from providing goods or services
$785,635.00
Revenue from government including grants
$734,000.00
Revenue from investments
$12,794.00
All other revenue
$0.00
Total revenue
$1,532,429.00
Other income (for example, gains)
$0.00
Total gross income
$1,532,429.00
Expenses
Employee expenses
$963,607.00
Interest expenses
$0.00
Grants and donations made for use in Australia
$558,941.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$0.00
Total expenses
$1,522,548.00
Net surplus/(deficit)
$9,881.00
Other comprehensive income
$0.00
Total comprehensive income
$9,881.00

Balance Sheet extract

Assets
Total current assets
$3,089,578.00
Non-current loans receivable
$42,256.00
Other non-current assets
$0.00
Total non-current assets
$42,256.00
Total assets
$3,131,834.00
Liabilities
Total current liabilities
$1,538,478.00
Non-current loans payable
$0.00
Other non-current liabilities
$0.00
Total non-current liabilities
$0.00
Total liabilities
$1,538,478.00
Net assets/liabilities
$1,593,356.00