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← SOCIETY OF PETROLEUM ENGINEERS SPE INC

Form 990 for tax year 2025

Filed by SOCIETY OF PETROLEUM ENGINEERS SPE INC.

Totals

Total revenue
$15,423,647
Total expenses
$17,265,797
Contributions and grants received
$304,900
Grants paid
$525,250
Program service revenue
$14,731,574
Investment income
$387,058
Other revenue
$115
Total assets, end of year
$52,117,978
Total liabilities, end of year
$16,651,228
Net assets or fund balances, end of year
$35,466,750
Program services expenses (Part IX)
$12,166,847
Management and general expenses
$5,071,807
Fundraising expenses
$27,143
Program service expenses (Part III)
$12,166,847

Program services were 70.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $304,900

  • 2a · Program service revenue: MEETINGS

    total $5,774,792 · related or exempt $5,774,792

  • 2b · Program service revenue: MEMBER DUES/ASSESSMENTS

    total $3,110,913 · related or exempt $3,110,913

  • 2c · Program service revenue: PUBLICATIONS

    total $2,170,057 · related or exempt $2,084,732 · unrelated business $85,325

  • 2d · Program service revenue: US CHAPTER REVENUE

    total $2,149,370 · related or exempt $2,149,370

  • 2e · Program service revenue: MANAGEMENT FEES

    total $1,424,534 · related or exempt $1,424,534

  • 2f · All other program service revenue

    total $101,908 · related or exempt $101,908

  • 3 · Investment income

    total $302,255 · excluded $302,255

  • 7a · Gross sales of assets other than inventory

    securities $95,005

  • 7b · Less cost or other basis and sales expenses

    securities $10,202

  • 7c · Gain or loss

    securities $84,803

  • 7d · Net gain or loss

    total $84,803 · excluded $84,803

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $115 · excluded $115

  • 11e · Other revenue, total

    $115

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $525,250 · program services $525,250

  • 5 · Compensation of officers, directors and key employees

    total $1,198,987 · program services $653,747 · management and general $542,177 · fundraising $3,063

  • 7 · Other salaries and wages

    total $5,688,032 · program services $3,101,396 · management and general $2,572,107 · fundraising $14,529

  • 8 · Pension plan contributions

    total $305,755 · program services $166,713 · management and general $138,261 · fundraising $781

  • 9 · Other employee benefits

    total $642,612 · program services $350,384 · management and general $290,587 · fundraising $1,641

  • 10 · Payroll taxes

    total $462,863 · program services $252,376 · management and general $209,305 · fundraising $1,182

  • 11b · Fees: legal

    total $32,427 · program services $17,681 · management and general $14,664 · fundraising $82

  • 11c · Fees: accounting

    total $200,321 · program services $109,225 · management and general $90,585 · fundraising $511

  • 11g · Fees: other

    total $93,444 · program services $50,950 · management and general $42,255 · fundraising $239

  • 12 · Advertising and promotion

    total $266,828 · management and general $266,828

  • 13 · Office expenses

    total $30,444 · program services $16,599 · management and general $13,766 · fundraising $79

  • 14 · Information technology

    total $56,174 · program services $30,629 · management and general $25,401 · fundraising $144

  • 16 · Occupancy

    total $326,279 · program services $177,903 · management and general $147,542 · fundraising $834

  • 17 · Travel

    total $611,097 · program services $333,200 · management and general $276,336 · fundraising $1,561

  • 19 · Conferences, conventions and meetings

    total $1,712,892 · program services $1,712,892

  • 22 · Depreciation, depletion and amortization

    total $447,912 · program services $244,224 · management and general $202,544 · fundraising $1,144

  • 23 · Insurance

    total $40,465 · program services $22,063 · management and general $18,298 · fundraising $104

  • 24a · Other expenses: US SECTIONS AND STUDENT

    total $1,996,794 · program services $1,996,794

  • 24b · Other expenses: PUBLICATIONS

    total $1,385,042 · program services $1,385,042

  • 24c · Other expenses: MEMBERSHIP

    total $683,859 · program services $683,859

  • 24d · Other expenses: OTHER EXPENSES

    total $496,993 · program services $274,593 · management and general $221,151 · fundraising $1,249

  • 24e · All other expenses

    total $61,327 · program services $61,327

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,111,245 · end of year $1,959,917

  • 4 · Accounts receivable

    beginning of year $3,175,087 · end of year $4,429,660

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,643,619 · end of year $2,518,373

  • 10a · Land, buildings and equipment: cost or other basis

    $21,754,185

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,492,187

  • 10c · Land, buildings and equipment, net

    beginning of year $6,364,485 · end of year $6,261,998

  • 11 · Investments: publicly traded securities

    beginning of year $21,843,138 · end of year $24,953,743

  • 12 · Investments: other securities

    beginning of year $693,388 · end of year $693,388

  • 15 · Other assets

    beginning of year $10,530,698 · end of year $11,300,899

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,789,293 · end of year $5,972,311

  • 19 · Deferred revenue

    beginning of year $9,868,868 · end of year $10,318,548

  • 25 · Other liabilities

    beginning of year $462,567 · end of year $360,369

  • 27 · Net assets without donor restrictions

    beginning of year $30,944,682 · end of year $32,920,168

  • 28 · Net assets with donor restrictions

    beginning of year $2,296,250 · end of year $2,546,582

Mission and programs · 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.

Activities or mission (Part I)

THE SOCIETY OF PETROLEUM ENGINEERS (SPE) IS A NOT-FOR-PROFIT PROFESSIONAL ASSOCIATION WHOSE MEMBERS ARE ENGAGED IN ENERGY RESOURCES DEVELOPMENT AND PRODUCTION. SPE SERVES APPROXIMATELY 132,000 MEMBERS IN 146 COUNTRIES WORLDWIDE. SPE IS A KEY RESOURCE FOR TECHNICAL KNOWLEDGE RELATED TO THE OIL AND GAS EXPLORATION AND PRODUCTION INDUSTRY AND PROVIDES SERVICES THROUGH ITS PUBLICATIONS, EVENTS, TRAINING COURSES AND ONLINE RESOURCES AT WWW.SPE.ORG.

  • 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 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.

    Expenses $5,714,881 · Revenue $5,606,059

  • 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.

    Expenses $2,534,243 · Revenue $2,084,732

  • 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 PROGRAMS FOR ITS STUDENTS AND YOUNG PROFESSIONAL MEMBERS. ACTIVITIES SUCH AS STUDENT PAPER CONTESTS, PETRO BOWL, VIRTUAL CAREER PATHWAY AND LEADERSHIP ALLIANCE PROGRAMS ARE JUST A FEW OF THE PROGRAMS OFFERED TO YOUNG PROFESSIONAL AS WELL AS STUDENT MEMBERS.

    Expenses $3,489,168 · Grants $525,250 · Revenue $3,110,613

  • ASSOCIATED STAFF COSTS, MANAGEMENT FEE INCOME, IT INFRASTRUCTURE COSTS AND MISC. REVENUE IN SUPPORT OF THE MAJOR PROGRAMS OF SPE.

    Expenses $428,555 · Revenue $3,844,845

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Terry Palisch

    2024 SPE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Olivier Houze

    2025 SPE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Miskimins

    2026 SPE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Robert Martinez

    RD - NORTH AMERICA

    Total calculated
    $0
    Hours/week
    1

  • Mohamed Al-Marzouqi

    RD - MIDDLE EAST & NORTH AFRICA

    Total calculated
    $0
    Hours/week
    1

  • Robin MacMillan

    TD - DRILLING

    Total calculated
    $0
    Hours/week
    1

  • Sue Staley

    TD - HSE & SUSTAINABILITY

    Total calculated
    $0
    Hours/week
    1

  • Hamad Al-Marri

    TD - PRODUCTION & FACILITIES

    Total calculated
    $0
    Hours/week
    1

  • Pierre D'Huart

    RD - EUROPE

    Total calculated
    $0
    Hours/week
    1

  • Hazli Kassim

    RD - ASIA PACIFIC

    Total calculated
    $0
    Hours/week
    1

  • Carlos Pedroso

    RD - LATIN AMERICA & CARIBBEAN

    Total calculated
    $0
    Hours/week
    1

  • Alexey Borisenko

    RD - RUSSIA & CASPIAN

    Total calculated
    $0
    Hours/week
    1

  • Kim Oracheski

    RD - NORTH AMERICA

    Total calculated
    $0
    Hours/week
    1

  • Sushma Bhan

    TD - DATA SCIENCE & ENG. ANALYTICS

    Total calculated
    $0
    Hours/week
    1

  • Abdullatif Al-Omair

    RD - MIDDLE EAST

    Total calculated
    $0
    Hours/week
    1

  • Riverson Oppong

    RD - AFRICA

    Total calculated
    $0
    Hours/week
    1

  • Rahim Masoudi

    TD - RESERVOIR

    Total calculated
    $0
    Hours/week
    1

  • Carlos Torres

    RD - NORTH AMERICA

    Total calculated
    $0
    Hours/week
    1

  • Koji Yamamoto

    RD - ASIA PACIFIC

    Total calculated
    $0
    Hours/week
    1

  • Peggy Rijken

    TD - COMPLETIONS

    Total calculated
    $0
    Hours/week
    1

  • Simon D Seaton

    CEO AND EXECUTIVE VP

    Total calculated
    $0
    Hours/week
    38 + 2 related

  • Michelle Boyd

    CHIEF OPERATING OFFICER

    Total calculated
    $0
    Hours/week
    20 + 20 related

  • Steven Byrne

    CHIEF FINANCIAL OFFICER

    Total calculated
    $0
    Hours/week
    38 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • SPE EUROPE LTD

    501(C)(3) · EUROPE REGIONAL OFFICE OF SPE · UK · controlled entity

    Directly controlled by SOCIETY OF PETROLEUM ENGINEERS INC

  • SPE MIDDLE EAST DMCC

    501(C)(3) · MIDDLE EAST, NORTH AFRICA, SOUTH ASIA REGIONAL OFFICE OF SPE · AE · controlled entity

    Directly controlled by SOCIETY OF PETROLEUM ENGINEERS INC

  • SPE CANADA

    501(C)(3) · CANADA REGIONAL OFFICE OF SPE · CA · controlled entity

    Directly controlled by SOCIETY OF PETROLEUM ENGINEERS INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • SPE ASIA PACIFIC (M) SDN BHD

    C · MALAYSIA REGIONAL OFFICE OF SPE · MY · 100% owned · share of income $1,789,358 · share of assets $4,909,054

    Directly controlled by SOCIETY OF PETROLEUM ENGINEERS INC

  • SPE BRASIL EVENTOS LTDA

    C · EVENTS AND CONFERENCES · BR · 99.9% owned · share of income $5,359 · share of assets $29,567

    Directly controlled by SOCIETY OF PETROLEUM ENGINEERS INC

  • SPE TRADING LTD

    C · OIL & GAS EVENT ORGANIZING · UK · 100% owned · share of income $1,914,788 · share of assets $2,307,789

    Directly controlled by SPE EUROPE LTD

  • SPE VENTURES LTD

    C · OIL & GAS EVENT ORGANIZING · UK · 100% owned · share of income $4,973 · share of assets $255,369

    Directly controlled by SPE EUROPE LTD

Provenance

Return type
form_990
Tax year
2025
Filed
17 August 2026
IRS schema version
2025v4.2
Source object
202622299349302232

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