Mid-America Baptist Theological Seminary
Mid-America Baptist Theological Seminary reported $20.9 million in revenue and $6.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $43.23 went to program services, $46.74 to management and general costs and $10.03 to fundraising. Its largest source of revenue was contributions and grants: 91.6% of the total. The highest compensation it reported for one person was $184,159 (Executive VP). 4 people received more than $100,000 in reportable compensation. Revenue rose 719% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $6.8MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $21MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 43.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 46.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 10.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 5.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $184,159 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.72% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 4 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 57.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseAcademic training in ministry - A combined total of 231 students registered for the Fall, Spring and Summer terms, taking a total for the year of 4,498 credit hours
Library and Bookstore - Provided research and information to students (231) combined Fall, Spring, and Summer registration) and faculty
Student services - Assisted students (231 combined Fall, Spring, and Summer registration) and families with all the areas pertaining to campus life
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Executive VP Officer, 40.00 hrs/week | $170,617 | $0 | $13,542 | $184,159 |
| President Officer, 40.00 hrs/week | $150,971 | $0 | $16,336 | $167,307 |
| VP for Institutional Advancement Officer, 40.00 hrs/week | $118,557 | $0 | $14,563 | $133,120 |
| VP, Seminary Dean Officer, 40.00 hrs/week | $116,365 | $0 | $11,942 | $128,307 |
4 people received more than $100,000 in reportable compensation from Mid-America Baptist Theological Seminary (Part VII, line 2). Compensation of current officers, directors and key employees totaled $860K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Private foundation grants it received
1 private foundation reported grants to Mid-America Baptist Theological Seminary totaling $191 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Mid-America Baptist Theological Seminary's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mid-America Baptist Theological Seminary, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Mid-America Baptist Theological Seminary spent in FY2025, $43.23 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Maranatha High SchoolPasadena, CA · revenue $21M · programs 83.6% · FY2025
- Jackson AcademyJackson, MS · revenue $21M · programs 88.5% · FY2025
- Hartford Public LibraryHartford, CT · revenue $21M · programs 86.2% · FY2025
- Pennsylvania Institute of TechnologyMedia, PA · revenue $21M · programs 78.7% · FY2025
- American Association of School AdministratorsAlexandria, VA · revenue $21M · programs 72.7% · FY2025
Questions people ask
How much of Mid-America Baptist Theological Seminary's spending goes to programs?
In the fiscal year ending June 30, 2025, Mid-America Baptist Theological Seminary reported that 43.2% of its $6.8 million in expenses went to program services, 46.7% to management and general and 10.0% to fundraising (Form 990, Part IX).
How much does Mid-America Baptist Theological Seminary pay its top executive?
The largest total compensation Mid-America Baptist Theological Seminary reported for one person in the fiscal year ending June 30, 2025 was $184,159, for the role of Executive VP (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mid-America Baptist Theological Seminary get its money?
Of $20.9 million in revenue in the fiscal year ending June 30, 2025, 91.6% came from contributions and grants and 5.8% from program service revenue (Form 990, Part VIII).
Is Mid-America Baptist Theological Seminary a registered charity?
The IRS lists EIN 71-0430687 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202640619349301049 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349310247 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411349349304381 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320529349300807 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221329349305717 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140119349301919 · read the filing
All filings for EIN 71-0430687: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.