Mid-America Baptist Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,275,516 | 5,748,482 | −2,472,966 | 84.4 | 51% |
| 2013 | 5,174,582 | 5,765,447 | −590,865 | 82.9 | 51% |
| 2014 | 4,968,044 | 5,761,396 | −793,352 | 81.3 | 51% |
| 2015 | 3,130,796 | 5,829,317 | −2,698,521 | 74.8 | 50% |
| 2016 | 3,391,730 | 5,791,518 | −2,399,788 | 70.3 | 49% |
| 2017 | 3,902,514 | 5,911,709 | −2,009,195 | 64.8 | 47% |
| 2018 | 3,503,202 | 5,952,182 | −2,448,980 | 59.5 | 49% |
| 2019 | 4,753,803 | 6,189,036 | −1,435,233 | 53.0 | 45% |
| 2020 | 2,548,022 | 6,195,669 | −3,647,647 | 45.9 | 49% |
| 2021 | 4,304,116 | 5,328,877 | −1,024,761 | 53.3 | 53% |
| 2022 | 5,422,482 | 5,431,913 | −9,431 | 51.1 | 46% |
| 2023 | 3,401,936 | 6,342,391 | −2,940,455 | 38.2 | 44% |
In its most recent public year (2023), this organization spent $2,940,455 more than it brought in. Its reserves stood at about 38.2 months of spending, down from 84.4 in 2012. Staff pay was 44% of spending. $4,620,011 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
Mid-America Baptist 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