Public Charity

SOCIETY OF PETROLEUM ENGINEERS INC

SOCIETY OF PETROLEUM ENGINEERS INC is a Public Charity headquartered in RICHARDSON, TX. Financial data from the 2025 filing: $41.2M revenue, $42.0M expenses, $48.4M total assets. 23 publicly reported grants to this organization, totaling roughly $8.0M, appear in IRS filings.

EIN: 752001539 RICHARDSON, TX Latest filing: 2025
Total Revenue$41.2M
Total Expenses$42.0M
Total Assets$48.4M
Grant Records23
Funding Total$8.0M
Filing Years2021–2025

Mission

TO CONNECT A GLOBAL COMMUNITY OF ENGINEERS, SCIENTISTS, AND RELATED ENERGY PROFESSIONALS TO EXCHANGE KNOWLEDGE, INNOVATE, AND ADVANCE THEIR TECHNICAL AND PROFESSIONAL COMPETENCE REGARDING THE EXPLORATION, DEVELOPMENT, AND PRODUCTION OF OIL AND GAS AND RELATED ENERGY RESOURCES TO ACHIEVE A SAFE, SECURE, AND SUSTAINABLE ENERGY FUTURE.

Sample Grants Received

2024
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, Hayden, smith scholarships, Doherty, and AIME Petroleum Research Funds)
$1,142,076
$17,299
2023
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, Hayden, Doherty, and AIME Petroleum Research Funds)
$442,636
2023
MEMBER PROGRAM SUPPORT
$325,000
$17,572

Showing up to 5 of 23 total records — full history available with membership.

Officers & Directors

RD - MIDDLE EAST Abdullatif Al-Omair
RD - RUSSIA & CASPIAN Alexey Borisenko
RD - LATIN AMERICA & CARIBBEAN Carlos Pedroso
RD - NORTH AMERICA Carlos Torres
VP, COMMUNICATIONS Dana Otillio
ASSOCIATE DIRECTOR, AMERICA Danny Foster

Officer compensation and complete director data available with membership.

Top Grant Purposes

MEMBER PROGRAM SUPPORT
$4,586,244 6 grants
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, Hayden, Doherty, and AIME Petroleum Research Funds)
$1,503,615 2 grants
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, Hayden, smith scholarships, Doherty, and AIME Petroleum Research Funds)
$1,142,076 1 grant
$250K Member Society Direct; $102,387 Offshore Technology Conference Surplus Distribution
$352,387 1 grant
MEMBER SOCIETY DIRECT GRANT
$155,574 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $41.2M $42.0M $48.4M
2024 $37.7M $40.9M $51.3M
2023 $33.0M $37.3M $52.2M
2022 $33.5M $31.0M $59.5M
2021 $26.3M $29.6M $63.0M

Between 2021 and 2025, reported annual revenue grew from $26.3M to $41.2M (+57%), with total assets most recently reported at $48.4M.

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

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