FY25 Financial Results
The tables below summarize SPE's financial performance for FY25 (April 2024-March 2025).
Society of Petroleum Engineers (EIN: 75-2001539) is registered in the United States of America as a nonprofit organization with 501(c)(3) designation.
Statement of Financial Position
Consolidated Statement of Financial Position for the year ended 31 March 2025
|
Audited |
USD thousands |
|
Assets |
|
|
Cash and Cash Equivalents |
11,417 |
| Other Assets |
7,734 |
|
Reserve Fund Investments |
34,519 |
|
Property and Equipment |
8,099 |
| Interest in SPE Foundation |
9,968 |
|
Total Assets: |
71,737
|
|
Liabilities and Net Assets |
|
|
Accounts Payable |
10,419 |
|
Deferred Revenue |
12,197 |
|
Total Liabilities |
22,616
|
|
Net Assets |
49,121 |
|
Total Liabilities and Net Assets |
71,737 |
Statement of Activity
Consolidated Statement of Activity for the year ended 31 March 2025
|
Audited |
USD thousands |
|
Events |
5,966 |
|
Multimedia |
(966) |
|
Member Programs |
(3,569) |
|
Publications |
(3,479) |
|
GEODE |
(25) |
|
Global Information Systems |
(3,017) |
|
Operating Surplus (Loss) |
(5,090)
|
|
SPE Global Investments |
(1,871) |
|
Net Change in SPE Foundation |
(58) |
|
Net Surplus/(Loss) |
(3,161) |