Inter-Lutheran Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 137,418 | 185,623 | −48,205 | 17.1 | — |
| 2012 | 154,091 | 159,794 | −5,703 | 19.8 | — |
| 2013 | 127,421 | 133,639 | −6,218 | 22.6 | — |
| 2014 | 109,721 | 133,723 | −24,002 | 20.5 | — |
| 2015 | 125,309 | 133,158 | −7,849 | 19.8 | — |
| 2016 | 165,300 | 131,492 | 33,808 | 23.2 | — |
| 2017 | 195,352 | 139,036 | 56,316 | 26.8 | — |
| 2018 | 161,106 | 146,841 | 14,265 | 26.5 | — |
| 2019 | 316,528 | 155,927 | 160,601 | 39.8 | 59% |
| 2020 | 208,601 | 166,396 | 42,205 | 40.6 | 66% |
| 2021 | 204,673 | 164,162 | 40,511 | 44.3 | 64% |
| 2022 | 278,338 | 178,358 | 99,980 | 47.0 | 66% |
| 2023 | 262,476 | 188,847 | 73,629 | 49.3 | 66% |
In its most recent public year (2023), this organization brought in $73,629 more than it spent. Its reserves stood at about 49.3 months of spending, up from 17.1 in 2011. Staff pay was 66% of spending. $49,277 of its net assets are donor-restricted.
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
Inter-Lutheran Theological Seminary'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