Salt Lake Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 68,007 | 52,397 | 15,610 | 11.3 | — |
| 2012 | 60,475 | 71,296 | −10,821 | 6.8 | — |
| 2013 | 68,673 | 68,687 | −14 | 7.0 | — |
| 2014 | 101,056 | 86,900 | 14,156 | 7.1 | — |
| 2015 | 208,090 | 129,779 | 78,311 | 12.0 | 70% |
| 2016 | 90,472 | 139,134 | −48,662 | 7.0 | — |
| 2017 | 98,657 | 142,699 | −44,042 | 3.1 | — |
| 2018 | 76,492 | 70,151 | 6,341 | 7.3 | — |
| 2019 | 73,326 | 88,478 | −15,152 | 3.8 | — |
| 2020 | 68,961 | 83,108 | −14,147 | 2.0 | — |
| 2022 | 73,096 | 80,217 | −7,121 | 1.8 | — |
| 2023 | 67,715 | 77,027 | −9,312 | 0.4 | — |
| 2024 | 78,904 | 77,775 | 1,129 | 0.6 | — |
In its most recent public year (2024), this organization brought in $1,129 more than it spent. Its reserves stood at about 0.6 months of spending, down from 11.3 in 2011.
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
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