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EIN 20-0052373

Free Lutheran Theological Seminary

IRS 501(c) type
501(c)(3)
Num. employees
96
City
Minneapolis
State
Minnesota
Year formed
1966
Most recent tax filings
2023-07-01
NTEE code, primary
B50: Graduate, Professional Schools
Description
Free Lutheran Theological Seminary operates the Free Lutheran Bible College (FLBC) and the Free Lutheran Seminary (FLS) to provide a faith-based education. FLS offers a 4-year academic program that provides a useful grasp of the Bible, theology, Church history, Christian ethics and skills necessary for preaching, pastoral and missionary service, evangelism, worship, and Christian education. FLBC provides a post high school bible school and spiritual life skills training program that teaches applied theology to prepare students for ministry in church or secular roles.
Total revenues
$5,308,041
2023
Total expenses
$5,201,675
2023
Total assets
$17,019,037
2023
Num. employees
96
2023

Program areas at Free Lutheran Theological Seminary

Free Lutheran Theological Seminary Corporation provided a post high school bible school and spiritual life skills training program that teaches applied theology to prepare students for ministry in church or secular roles and also a 4 year Seminary program. Students for the school year were 100.

Who funds Free Lutheran Theological Seminary

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Eagle FoundationTuition Reduction$10,000

Personnel at Free Lutheran Theological Seminary

NameTitleCompensation
Larry MyhrerVice President$101,394
Wade MobleyPresident$118,622
Josh JohnsonDirector of Communications
Sherry MorkExecutive Assistant; Director of Donor Relations / Executive Assistant and Development
Jerry MoanNew Testament; Director of Learning Resources / New Testament and Director of Learning Resources
...and 8 more key personnel

Financials for Free Lutheran Theological Seminary

RevenuesFYE 07/2023
Total grants, contributions, etc.$2,676,569
Program services$2,489,516
Investment income and dividends$141,956
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,308,041

Form 990s for Free Lutheran Theological Seminary

Fiscal year endingDate received by IRSFormPDF link
2023-072024-01-21990View PDF
2022-072023-06-06990View PDF
2021-072022-06-14990View PDF
2020-072021-06-14990View PDF
2019-072021-06-03990View PDF
...and 1 more Form 990
Data update history
June 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 23, 2024
Updated personnel
Identified 2 new personnel
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from The Eagle Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
ReligiousChristianProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
3134 E Medicine Lake Blvd
Minneapolis, MN 55441
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
flbc.edu/ 
IRS details
EIN
20-0052373
Fiscal year end
July
Taxreturn type
Form 990
Year formed
1966
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
813110: Religious Organizations
Parent/child status
Central organization
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