EIN 13-1623899

American Society of Mechanical Engineers (ASME)

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
Founded in 1880 as the American Society of Mechanical Engineers, ASME is a not-for-profit professional organization that enables collaboration, knowledge sharing and skill development across all engineering disciplines.
Total revenues
Total expenses
Total assets
Num. employees

Program areas at ASME

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.
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.
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).
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.
Programs- asme hosts conferences and workshops to help identify emerging issues of interest to members and The engineering profession at large.
Learning & development- asme provides continuing education courses for engineering and The technical workforce.
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.
Misc./other programs

Grants made by ASME

GranteeGrant descriptionAmount
The ASME FoundationMission-Driven Programs$2,378,050

Who funds American Society of Mechanical Engineers (ASME)

Grants from foundations and other nonprofits
American Automatic Control Council (AACC)To Promote Education and Cooperation in the Automatic Control Profession.$56,702
The Bessemer Giving FundGeneral Support$37,500
Washington University in St. Louis (Wash. U)Sponsorship$9,000
...and 1 more grant received

Personnel at ASME

Thomas CostabileBoard Member$974,066
Jeffrey PattersonChief Operating Officer$656,313
William GarofaloChief Financial Officer$679,196
Laurel RasoChief Human Resources Officer / Associate Executive Director / Managing Director$665,531
Michael JohnsonChief Strategy Officer$687,388
...and 12 more key personnel

Financials for ASME

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,644,227
Program services$43,901,905
Investment income and dividends$1,623,239
Tax-exempt bond proceeds$0
Royalty revenue$40,442,160
Net rental income$0
Net gain from sale of non-inventory assets$5,586,386
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$20,919,415
Miscellaneous revenues$1,043,589
Total revenues$115,160,921

Form 990s for ASME

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2020-062021-05-26990View PDF
2019-062021-01-27990View PDF
2018-062019-07-23990View PDF
2017-062018-11-15990View PDF
...and 9 more Form 990s
Data update history
July 11, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 11, 2023
Used new vendors
Identified 13 new vendors, including , , , , , , , , , , , , and
July 3, 2023
Updated personnel
Identified 3 new personnel
May 25, 2023
Updated personnel
Identified 5 new personnel
May 13, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Professional associationsBusiness and community development organizationsResearch centersHeadquarter / parent organizationsCharities
Science and technologyCommunity improvementBusiness and industry
Conducts researchLobbyingOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
2 Park Ave
New York, NY 10016
Metro area
New York-Newark-Jersey City, NY-NJ-PA
New York County, NY
Website URL
(973) 882-1170
Facebook page
Twitter profile
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
U40: Engineering and Technology Research, Services
NAICS code, primary
813920: Professional Associations
Parent/child status
Central organization
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