Dallas Theological Seminary
Dallas Theological Seminary reported $73.4 million in revenue and $67.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.65 went to program services, $15.92 to management and general costs and $8.43 to fundraising. Its largest source of revenue was contributions and grants: 57.5% of the total. The highest compensation it reported for one person was $412,262 (President). 35 people received more than $100,000 in reportable compensation. Revenue rose 39% 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 $68MFor 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 $73M- Contributions & grants (non-government)$57.23 $42M
- Program service revenue$39.33 $29M
- Investment income$3.44 $2.5M
Other revenue was negative: −$374K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 8.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.14 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 57.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 39.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $412,262 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.61% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 35 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 24.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 27 of 28 | 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 expenseINSTRUCTION: Dallas Theological Seminary (DTS) offers a variety of graduate academic programs from its main campus in Dallas, TX and its various extension sites. Online courses are also offered. DTS is nondenominational and seeks to serve those of like biblical faith in evangelical protestantism. DTS has over 19,000 alumni serving in over 100 countries. Fall 2024 enrollment consisted of 2,634 students, with 14,877 total class hours taken that term
STUDENT SERVICES: The mission of student services is to ensure that every student has the opportunity to develop as a godly servant-leader through his or her social, cultural, spiritual, physical, and emotional life. We provide advisement, programming, and services to enrich community, family life, personal interaction, social development, cultural awareness, physical development and campus diversity. The admissions department works to recruit and then equip entering students with the resources needed to have a successful graduate-studies experience. The registrar and counseling offices…
ACADEMIC SUPPORT: The library holds over 375,000 items, provides access to electronic resources and has special rare volumes. The media and computer lab allows students to use computer equipment, audio and video media
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 |
|---|---|---|---|---|
| President Director/trustee, officer, 40.00 hrs/week | $310,060 | $0 | $102,202 | $412,262 |
| Sr VP Operations Officer, 40.00 hrs/week | $134,186 | $0 | $99,829 | $234,015 |
| VP Communications and Community Key employee, 40.00 hrs/week | $199,248 | $0 | $28,295 | $227,543 |
| VP Education Key employee, 40.00 hrs/week | $197,692 | $0 | $23,581 | $221,273 |
| VP Business & FinanceCFO Officer, 40.00 hrs/week | $196,021 | $0 | $24,480 | $220,501 |
| Sr VP Development Key employee, 40.00 hrs/week | $201,851 | $0 | $17,952 | $219,803 |
| VP Global Ministries Key employee, 40.00 hrs/week | $163,383 | $0 | $22,946 | $186,329 |
| VP Enrollment and Educ Technology Key employee, 40.00 hrs/week | $176,950 | $0 | $8,924 | $185,874 |
35 people received more than $100,000 in reportable compensation from Dallas Theological Seminary (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (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–1b28 · 27 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5664
- Volunteers Part I, line 646
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Hill & Wilkinson Construction Group Building Construct | $7,892,926 |
| Future City Now Consulting | $2,151,267 |
| Ritual Studio Podcast production | $1,003,579 |
| Museum Arts Inc Design Consulting | $673,948 |
| GFF Inc Building Construct | $284,563 |
Individuals listed as contractors are left out. 21 contractors were paid more than $100,000 in all.
Private foundation grants it received
43 private foundations reported grants to Dallas Theological Seminary totaling $2.0M 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 Dallas 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 Dallas Theological Seminary, you can publish a response that is linked from this page.
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Of every $100 Dallas Theological Seminary spent in FY2025, $75.65 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- American International CollegeSpringfield, MA · revenue $73M · programs 75.9% · FY2025
- Brooklyn Prospect Charter SchoolBrooklyn, NY · revenue $73M · programs 83.8% · FY2025
- South Dakota State University FoundationBrookings, SD · revenue $73M · programs 83.8% · 2024
- University of Maryland Physicians PaBaltimore, MD · revenue $73M · programs 88.3% · FY2025
- Oklahoma Christian UniversityOklahoma City, OK · revenue $73M · programs 89.0% · FY2025
Questions people ask
How much of Dallas Theological Seminary's spending goes to programs?
In the fiscal year ending June 30, 2025, Dallas Theological Seminary reported that 75.7% of its $67.8 million in expenses went to program services, 15.9% to management and general and 8.4% to fundraising (Form 990, Part IX).
How much does Dallas Theological Seminary pay its top executive?
The largest total compensation Dallas Theological Seminary reported for one person in the fiscal year ending June 30, 2025 was $412,262, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Dallas Theological Seminary get its money?
Of $73.4 million in revenue in the fiscal year ending June 30, 2025, 57.5% came from contributions and grants and 39.5% from program service revenue (Form 990, Part VIII).
Is Dallas Theological Seminary a registered charity?
The IRS lists EIN 75-0827421 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 202533429349300623 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433469349300308 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303389349300410 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202223399349300807 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133509349301653 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111059349300716 · read the filing
All filings for EIN 75-0827421: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.