Public Charity

ASPHALT INSTITUTE INC

Based in LEXINGTON, KY, ASPHALT INSTITUTE INC operates as a Public Charity. The organization reported $9.6M in revenue, $9.4M in expenses, $14.8M in total assets for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $10K.

EIN: 611148531 LEXINGTON, KY Latest filing: 2024
Total Revenue$9.6M
Total Expenses$9.4M
Total Assets$14.8M
Grant Records1
Funding Total$10K
Filing Years2020–2024

Mission

THROUGH EDUCATION, ENGINEERING, TECHNICAL DEVELOPMENT, ENVIRONMENTAL STEWARDSHIP AND MARKETING LEADERSHIP, THE ASPHALT INSTITUTE PROMOTES THE SAFE USE, BENEFITS, AND QUALITY PERFORMANCE OF PETROLEUM ASPHALTS IN A UNIFIED VOICE FOR OUR MEMBERSHIP.

Officers & Directors

DIRECTOR Bob Cheever
DIRECTOR Bob Sedon
DIRECTOR Brad Schmitz
DIRECTOR Brent Banach
VICE CHAIR Charles Boan
DIRECTOR Chip Ray

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $9.6M $9.4M $14.8M
2023 $9.3M $8.6M $13.4M
2022 $7.9M $8.5M $11.7M
2021 $7.9M $7.2M $13.9M
2020 $6.8M $6.6M $12.4M

Between 2020 and 2024, reported annual revenue grew from $6.8M to $9.6M (+41%), with total assets most recently reported at $14.8M.

Interactive year-over-year charts and full filing details available with membership.

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