Institute Of Lutheran Theology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 298,745 | 263,543 | 35,202 | 3.0 | 1% |
| 2011 | 655,750 | 418,391 | 237,359 | 8.7 | 59% |
| 2012 | 589,554 | 557,827 | 31,727 | 4.5 | 61% |
| 2013 | 940,377 | 780,677 | 159,700 | 13.4 | 55% |
| 2014 | 969,425 | 1,001,357 | −31,932 | 10.0 | 56% |
| 2015 | 417,073 | 336,090 | 80,983 | 32.8 | 93% |
| 2016 | 1,202,057 | 1,083,840 | 118,217 | 11.4 | 46% |
| 2017 | 989,291 | 1,093,316 | −104,025 | 9.9 | 56% |
| 2018 | 987,183 | 875,879 | 111,304 | 13.9 | 67% |
| 2019 | 1,016,745 | 1,005,750 | 10,995 | 12.3 | 64% |
| 2020 | 1,416,534 | 1,138,156 | 278,378 | 13.8 | 66% |
| 2021 | 3,163,926 | 1,272,126 | 1,891,800 | 30.2 | 56% |
| 2022 | 1,612,875 | 1,652,781 | −39,906 | 20.8 | 51% |
| 2023 | 1,775,264 | 1,707,323 | 67,941 | 20.7 | 52% |
In its most recent public year (2023), this organization brought in $67,941 more than it spent. Its reserves stood at about 20.7 months of spending, up from 3 in 2010. Staff pay was 52% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Institute Of Lutheran Theology's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works