FY23 Financial Results
The tables below summarize SPE's financial performance for FY23 (April 2022-March 2023).
Society of Petroleum Engineers (EIN: 75-2001539) is registered in the United States of America as a nonprofit organization with 501(c)(3) designation.
Society of Petroleum Engineers (SPE) Stichting Consolidated Statement of Activity for the year ended 31 March 2023 | |
---|---|
Audited |
USD thousands |
Assets |
|
Cash and Cash Equivalents |
6,118 |
Other Assets |
12,491 |
Reserve Fund Investments |
33,913 |
Property and Equipment |
9,886 |
Interest in SPE Foundation |
9,752 |
Total Assets: |
72,160 |
Liabilities and Net Assets |
|
Accounts Payable |
10,709 |
Deferred Revenue |
10,512 |
Total Liabilities |
21,221 |
Net Assets |
50,939 |
Total Liabilities and Net Assets |
72,160 |
Society of Petroleum Engineers (SPE) Stichting Consolidated Statement of Activity for the year ended 31 March 2023 | |
---|---|
Audited |
USD thousands |
Meetings and Training Courses |
5,886 |
Multimedia |
(609) |
Member Programs |
(3,582) |
Publications |
(4,317) |
Global Information Systems |
(4,143) |
Operating Surplus (Loss) |
(6,765) |
SPE Global Investments |
(2,614) |
Net Change in SPE Foundation |
(1,297) |
Net Surplus/(Loss) | (10,676) |