Society of Petroleum Engineers
Society of Petroleum Engineers reported $41.2 million in revenue and $42.0 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $68.66 went to program services, $31.22 to management and general costs and $0.12 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.4% of the total. The highest compensation it reported for one person was $497,166 (CEO AND EXECUTIVE VP). 42 people received more than $100,000 in reportable compensation. Revenue fell 7% between FY2020 and FY2025. Source: Form 990, FY2025 (6 mo.).
Where $100 of spending went
The 6-month short period ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $42MFor context, the median across 192 covered science & technology charities: $84.33 programs, $15.67 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The 6-month short period ending September 30, 2025 · Form 990, Part VIII · total revenue $41MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 68.7% | 83.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 31.2% | 15.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 16.1% | 51.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.2% |
| Program service revenue share Part VIII 2g ÷ 12 | 79.4% | 19.2% |
| Highest reported compensation Part VII-A, columns D–F | $497,166 | $513,729 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.18% | 1.72% |
| People paid over $100,000 Part VII, line 2 | 42 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.5 | 14.7 |
| Independent voting board members Part VI 1a–1b | 20 of 20 | 94.3% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 (6 mo.) · Form 990, Part III · the three largest programs by expenseMeetings, conferences, workshops, forum series, training courses, and symposiums - spe's meeting strategy is to deliver high quality meetings and events for the benefit of spe members, and the public. Meetings can be held in various formats such as conferences, workshops, symposia, summits, forums, training, tech talks, and webinars. Spe manages 90-100 events a year. The events relate to technical topics brought forward by members of spe that are related to the exploration and development of oil and gas
Publications - magazines, onepetro, and technical journals - provides journals and website access for the society's publications, websites, online content repositories and tools in order to maintain and stimulate effective knowledge capture, dissemination and archiving of spe's content for its members, and the public. Avenues of delivering the technical content include spe research portals (onepetro and petrowiki), serial publications such as the journal of petroleum technology, peer-reviewed journals, spe books and spe's definitions and guidelines
Member programs, including U.S. Sections and student chapters - spe member programs include benefits and activities for spe members. Spe delivers to its members various programs through sections and student chapters. Spe provides the funding for the distinguished lecturer program that allows sections to invite up to 2 distinguished lecturers to their meetings each year. The distinguished lecturer is a spe volunteer who is a technical expert in his/her given area of oil and gas. Spe covers all travel costs related to the travel for the distinguished lecturer to the section. Spe produces…
Highest reported compensation
FY2025 (6 mo.) · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO AND EXECUTIVE VP Officer, 38.00 hrs/week | $441,179 | $0 | $55,987 | $497,166 |
| CHIEF OPERATING OFFICER Officer, 20.00 hrs/week | $284,707 | $0 | $85,244 | $369,951 |
| CHIEF FINANCIAL OFFICER Officer, 38.00 hrs/week | $254,088 | $0 | $49,137 | $303,225 |
| VP, COMMUNICATIONS Key employee, 40.00 hrs/week | $226,686 | $0 | $38,168 | $264,854 |
| GENERAL COUNSEL (THRU 2/3/25) Highest compensated employee, 39.00 hrs/week | $233,157 | $0 | $29,297 | $262,454 |
| DIRECTOR - MEMBER SERVICES Key employee, 35.00 hrs/week | $210,338 | $0 | $38,022 | $248,360 |
| SENIOR BUSINESS DEVELOPEMENT MANAGER Highest compensated employee, 40.00 hrs/week | $221,947 | $0 | $14,103 | $236,050 |
| SALE EXHIBITS AND SPONSORS. MANAGER Highest compensated employee, 40.00 hrs/week | $184,684 | $0 | $47,088 | $231,772 |
42 people received more than $100,000 in reportable compensation from Society of Petroleum Engineers (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.8M (Part IX, line 5).
7 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 (6 mo.) · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b20 · 20 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5143
- Volunteers Part I, line 64,500
Largest outside contractors
FY2025 (6 mo.) · Form 990, Part VII, Section B · businesses only| FREEMAN AUDIO VISUAL SOLUTIONS Exhibition and av audio equipment | $1,502,638 |
| MARRIOTT BUSINESS SERVICES Conference center and catering | $415,810 |
| UNGERBOECK SYSTEMS INTERNATIONAL INC Event registration system | $377,351 |
| SILVERCHAIR Onepetro cloud platform | $373,835 |
| ASP SOLUTIONS Event website services | $364,365 |
Individuals listed as contractors are left out. 31 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Society of Petroleum Engineers totaling $476 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Society of Petroleum Engineers's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Society of Petroleum Engineers, you can publish a response that is linked from this page.
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Of every $100 Society of Petroleum Engineers spent in FY2025, $68.66 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- American Mathematical SocietyProvidence, RI · revenue $40M · programs 85.9% · 2024
- Public Library of ScienceAlhambra, CA · revenue $41M · programs 83.9% · 2024
- IcipeKenya, · revenue $39M · programs 0.0% · 2025
- Institute for Systems BiologyRenton, WA · revenue $42M · programs 71.1% · 2024
- Mozilla FoundationSan Francisco, CA · revenue $37M · programs 66.4% · 2024
All science & technology charities · Largest charities in Texas
Questions people ask
How much of Society of Petroleum Engineers's spending goes to programs?
In the fiscal year ending March 31, 2025, Society of Petroleum Engineers reported that 68.7% of its $42.0 million in expenses went to program services, 31.2% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Society of Petroleum Engineers pay its top executive?
The largest total compensation Society of Petroleum Engineers reported for one person in the fiscal year ending March 31, 2025 was $497,166, for the role of CEO AND EXECUTIVE VP (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Society of Petroleum Engineers get its money?
Of $41.2 million in revenue in the fiscal year ending March 31, 2025, 16.1% came from contributions and grants and 79.4% from program service revenue (Form 990, Part VIII).
Is Society of Petroleum Engineers a registered charity?
The IRS lists EIN 75-2001539 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025 (6 mo.): Form 990 for the 6-month short period ending September 30, 2025, object 202622299349302232 · read the filing
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202620489349300432 · read the filing
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202500469349300435 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202410459349302826 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202330469349302883 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202220469349300147 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202110469349302166 · read the filing
All filings for EIN 75-2001539: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.