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: $15.4M revenue, $17.3M expenses, $52.1M total assets. 23 publicly reported grants to this organization, totaling roughly $8.0M, appear in IRS filings.

EIN: 752001539 RICHARDSON, TX Professional Societies & Associations NTEE: U03 Latest filing: 2025
Total Revenue$15.4M
Total Expenses$17.3M
Total Assets$52.1M
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.

Where $100 goes at Society of Petroleum Engineers Inc

How Society of Petroleum Engineers Inc divides every $100 it spends, from its own Form 990 filings, averaged across 10 years.

$68 Programs the work itself
$32 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $68 for programs

$32
Meetings, 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…
47% of program spending
$20
Member programs, including u.S
29% of program spending
$14
Publications - magazines, onepetro, and technical journals
21% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

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

General Support
$4,868,472 16 grants
Education
$2,645,691 3 grants
Research & Policy
$352,387 1 grant
Training & Professional Development
$102,500 1 grant
Unspecified
$16,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $15.4M $17.3M $52.1M
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 declined from $26.3M to $15.4M (-41%), with total assets most recently reported at $52.1M.

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

See the full picture for SOCIETY OF PETROLEUM ENGINEERS INC

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