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American Society of Mechanical Engineers

EIN 13-1623899 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong96 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS ("ASME") IS TO ADVANCE ENGINEERING FOR THE BENEFIT OF HUMANITY.

Income
$137.0 million
Spending
$124.3 million
Spent on programs
71%
Reserves
15.8 months of spending
Largest source of income
other income, 46%
Employees
396
Volunteers
6,322
Highest pay
$2.1 million, executive director/ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 96 out of 100. Higher than 89% of charities in its peer group (science, over $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 15.8 months of spending.

  • Debt

    16 of 20

    It owes 26% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 9% of income.

  • Income trend

    15 of 15

    Income rose 0% on the year before.

  • Spending floor

    15 of 15

    71% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 31% of charities in its peer group (science, over $100m).

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (8)
  1. $23.6 million spent. TECHNICAL EVENTS & CONTENT AND INSTITUTES- ASME ANNUALLY PERFORMS RESEARCH ON TECHNICAL MECHANICAL ENGINEERING ISSUES, AND HOLDS TECHNICAL MEETINGS AND CONFERENCES FOR MECHANICAL ENGINEERS ON A VARITY OF MECHANICAL ENGINEERING TOPICS AND SUBJECTS.
  2. $14.7 million spent. STANDARDS OPERATIONS- ASME ESTABLISHES AND PUBLISHES PUBLIC SAFETY RELATED INDUSTRIAL AND MANUFACTURING CODES AND STANDARDS FOR THE DESIGN, MANUFACTURING, AND INSTALLATION OF MECHANICAL DEVICES. THE PRINCIPAL PRODUCT AFFECTING REVENUE AND EXPENSES IS THE SOCIETY'S BOILER AND PRESSURE VESSEL CODE (THE BOILER CODE).
  3. $19.0 million spent. ENGINEERING OPERATIONS- ASME HOSTS PROGRAMS UNDER WHICH A COMPANY OR AN INDIVIDUAL IS ASSESSED AND CERTIFIED BASED ON DEMONSTRATED ABILITY TO MEET THE REQUIREMENTS OF AN ASME STANDARD. THESE CONFORMITY ASSESSMENTS CONTINUE TO PROVIDE A SERVICE VITAL TO THE ENHANCEMENT OF PUBLIC SAFETY AND FACILITATION OF INTERNATIONAL COMMERCE.
  4. $14.5 million spent. PUBLICATIONS- ASME PRODUCES AND PREPARES THE TECHNICAL CONTENT OF THE SOCIETY FOR PUBLIC DISTRIBUTION AND SALE IN THE FORM OF JOURNALS, CONFERENCE PROCEEDINGS AND BOOKS, BOTH IN PRINT AND ELECTRONIC MEDIA.
  5. $846,932 spent. PROGRAMS- ASME HOSTS CONFERENCES AND WORKSHOPS TO HELP IDENTIFY EMERGING ISSUES OF INTEREST TO MEMBERS AND THE ENGINEERING PROFESSION AT LARGE.
  6. $8.1 million spent. LEARNING & DEVELOPMENT- ASME PROVIDES CONTINUING EDUCATION COURSES FOR ENGINEERING AND THE TECHNICAL WORKFORCE.
  7. $3.7 million spent. CONSTITUENT ENGAGEMENT- ASME OFFERS PROFESSIONAL AND STUDENT MECHANICAL ENGINEERING SOCIETY MEMBERSHIPS. IN EXCHANGE FOR DUES PAYMENTS, THE MEMBER RECEIVES SEVERAL MEMBERSHIP BENEFITS INCLUDING, BUT NOT LIMITED TO, MONTHLY SUBSCRIPTION TO 'MECHANICAL ENGINEER' MAGAZINE, FREE ACCESS TO ON-LINE REFERENCE TOOLS, FREE SUBSCRIPTION TO DAILY E-NEWSLETTER, AND DISCOUNTS ON ASME PUBLICATIONS, CONTINUING EDUCATION AND CONFERENCE REGISTRATIONS.
  8. $3.2 million spent. MISC./OTHER PROGRAMS

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 1991.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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