Asbury Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,091,941 | 22,422,993 | 7,668,948 | 114.8 | 50% |
| 2012 | 52,070,918 | 24,089,704 | 27,981,214 | 115.1 | 49% |
| 2013 | 24,071,788 | 23,906,051 | 165,737 | 115.5 | 51% |
| 2014 | 37,449,478 | 24,579,280 | 12,870,198 | 123.1 | 49% |
| 2015 | 34,378,900 | 26,535,112 | 7,843,788 | 115.8 | 50% |
| 2016 | 25,644,020 | 28,861,406 | −3,217,386 | 101.2 | 48% |
| 2017 | 24,603,210 | 28,589,741 | −3,986,531 | 106.7 | 48% |
| 2018 | 33,289,997 | 29,348,904 | 3,941,093 | 107.5 | 49% |
| 2019 | 33,402,302 | 29,347,647 | 4,054,655 | 109.0 | 47% |
| 2020 | 33,165,613 | 29,118,589 | 4,047,024 | 111.1 | 47% |
| 2021 | 52,800,131 | 37,102,998 | 15,697,133 | 104.7 | 37% |
| 2022 | 77,871,146 | 39,441,449 | 38,429,697 | 109.0 | 39% |
| 2023 | 34,624,370 | 38,815,722 | −4,191,352 | 109.7 | 36% |
In its most recent public year (2023), this organization spent $4,191,352 more than it brought in. Its reserves stood at about 109.7 months of spending, down from 114.8 in 2011. Staff pay was 36% of spending. $254,794,238 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
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