Mid-America Reformed Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,554,131 | 1,706,328 | −152,197 | 33.0 | 46% |
| 2012 | 1,655,036 | 1,735,126 | −80,090 | 31.6 | 46% |
| 2013 | 1,790,060 | 1,807,430 | −17,370 | 31.0 | 45% |
| 2014 | 1,945,989 | 1,783,361 | 162,628 | 34.1 | 48% |
| 2015 | 2,057,393 | 1,896,332 | 161,061 | 31.8 | 48% |
| 2016 | 2,034,457 | 1,923,556 | 110,901 | 31.6 | 50% |
| 2017 | 2,444,370 | 2,001,898 | 442,472 | 34.0 | 51% |
| 2018 | 2,344,888 | 2,054,215 | 290,673 | 34.4 | 51% |
| 2019 | 2,436,331 | 2,112,438 | 323,893 | 35.5 | 51% |
| 2020 | 3,853,861 | 2,051,084 | 1,802,777 | 46.0 | 54% |
| 2021 | 3,153,033 | 2,171,046 | 981,987 | 54.7 | 53% |
| 2022 | 3,650,498 | 2,569,235 | 1,081,263 | 45.8 | 47% |
| 2023 | 3,755,000 | 2,880,953 | 874,047 | 46.0 | 45% |
| 2024 | 4,418,583 | 3,026,036 | 1,392,547 | 50.1 | 44% |
In its most recent public year (2024), this organization brought in $1,392,547 more than it spent. Its reserves stood at about 50.1 months of spending, up from 33 in 2011. Staff pay was 44% of spending. $846,210 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 2024. 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
Mid-America Reformed Seminary's IRS filings as a feed — one entry per filing year, through 2024. 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