EIN 36-2167792

Moody Bible Institute (MBI)

IRS 501(c) type
501(c)(3)
Num. employees
1,779
Year formed
1887
Most recent tax filings
2023-06-01
Description
Moody Bible Institute (MBI) exists to reach across the globe, cultures and generations to equip people with the truth of God's Word to impact the world for Christ.
Also known as...
The Moody Bible Institute of Chicago
Total revenues
$116,660,737
2023
Total expenses
$116,542,038
2023
Total assets
$531,203,812
2023
Num. employees
1,779
2023

Program areas at MBI

Education: The mission of Moody Education is to educate students to think biblically, live Christianly, and serve the church effectively. Number of Students (2022-2023 school year): Undergraduate School 1,628 Graduate School 592 50 states and the District of Columbia and 48 Countries are currently represented by international students throughout Moody. 11.1% Undergraduate students are international, and 12% Graduate students are international. 11.3% of students are international, between both Undergraduate and Graduate students. These following majors or emphases are offered: Undergraduate Certificates: Ministry Leadership, Ministry to Women, Biblical Studies, Children and Family Ministry, Disability Ministry, Human Services, Intercultural Studies and Worship Leading. Associate degrees: Biblical Studies, Children and Family Ministry, Human Services and Intercultural Studies. Bachelor of Science Degrees: Integrated Ministry Studies, (Ministry Leadership -Children and Family Ministry, Disability Ministry, Human Services, Leadership, Ministry to Women, Preaching), (Missionary Aviation Technology -Flight or Maintenance), Biblical Studies, (Theological Studies -Christian Thought or Spiritual Formation), Cultural Engagement. Bachelor of Arts Degrees: Biblical Preaching, Biblical Languages, (Biblical Studies or Biblical Studies-Music Emphasis), Ministry to Women, (Missional Leadership-Nonprofit Management or Interdisciplinary), Pastoral Studies, Youth Ministry, Theology, Children and Family Ministry, Elementary Education with Association of Christian Schools International Certification, Human Services, Applied Linguistics, Intercultural Studies, Jewish Studies, Ministry to Victims of Sexual Exploitation, TESOL (Teaching English to Speakers of Other Languages), Communications, (Music -Music Ministry or Worship and Media Arts) . These programs include the following emphases: Graduate certificate in Biblical Preaching, Biblical Spiritual Formation and Discipleship, Christian Community Development, Christian Counseling, Ministry Leadership, Nonprofit Administration and Leadership, TESOL, (Biblical Foundation -Biblical Languages, Biblical Studies, New Testament Studies, Old Testament Studies, Theological Studies), Marriage, Family, and Couples Counseling and Trauma-Informed Counseling. Master of Arts in: Biblical Spiritual Formation and Discipleship, (Ministry Studies-Christian Counseling, Leadership, Missions, Ministry Entrepreneurship, Interdisciplinary), Biblical Preaching, Nonprofit Administration and Leadership, [Pastoral Studies], [TESOL], [Biblical and Theological Studies], [Biblical Studies], Clinical Mental Health Counseling, (-Marriage, Family, and Couple Counseling, Trauma-Informed Counseling), Counseling Psychology. Master of Divinity in: Biblical Preaching, Biblical Spiritual Formation and Discipleship, Interdisciplinary Studies, Ministry Leadership, Nonprofit Administration and Leadership, Pastoral Studies, TESOL.
Moody Radio is one of the oldest Christian radio and media networks in the U.S., having aired its first broadcast in 1926 in Chicago. Respected as an industry leader and a trusted voice, Moody Radio has 69 full power stations and translators, 19 digital channels, a podcast network, and more than 1,800 outlets that carry its programming, reaching millions of listeners through terrestrial stations and digital platforms in both English and Spanish. Moody Radio addresses today's issues from a biblical worldview and helps listeners take the next step in their journey with Jesus Christ by creating and delivering practical and life-changing content, so that our listeners become Biblically grounded, practically trained, and able to engage the world through Gospel-centered living. For more information about Moody Radio, please visit www.moodyradio.org.
Publishing: The mission of Moody Publishers (MP) is to resource the Church's work of discipling all people. Its vision is for readers to know, love, and serve Jesus Christ. In doing so, MP provides resources for MBI to train future Christian leaders. Each year MP seeks to add approximately sixty new titles to its collection, which now includes more than 1,300 titles in print. The most successful publications are from MP authors Gary Chapman, Nancy Demoss Wolgemuth, John MacArthur, and A.W. Tozer. Gary Chapman is the author of the #1 New York Times Bestseller "The Five Love Languages" with over eleven million copies sold. Nancy Demoss Wolgemuth is the host and teacher for the Moody Radio Daily Program, Revive our Hearts. John MacArthur is pastor-teacher of Grace Community Church in California and host and teacher of Moody Radio daily program Grace to you.
Other Programs include our conference Ministries and various programs that support our mission.

Grants made by MBI

GranteeGrant descriptionAmount
Far East Broadcasting Company (FEBC)General Purposes$5,040

Who funds Moody Bible Institute (MBI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lilly EndowmentCompelling Preaching Initiative$1,250,000
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$1,193,936
Marriage and Family Life ConsultantsTo Expand Counseling Major$600,000
...and 120 more grants received totalling $6,282,675

Personnel at MBI

NameTitleCompensation
Mark JobePresident and Chief Executive Officer$290,626
Mark WagnerExecutive Vice President and Chief Operating Officer$233,282
Greg ThorntonChief Financial Officer$200,957
Samuel S. ChoyVice President and Chief Marketing Officer$174,919
John D. SaucedaVice President , Chief Information Officer$145,504
...and 36 more key personnel

Financials for MBI

RevenuesFYE 06/2023
Total grants, contributions, etc.$57,235,576
Program services$54,027,825
Investment income and dividends$7,195,822
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,798,486
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$116,660,737

Form 990s for MBI

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062022-11-14990View PDF
2020-062021-03-02990View PDF
2019-062020-01-21990View PDF
2018-062019-03-08990View PDF
...and 8 more Form 990s

Organizations like MBI

OrganizationLocationRevenue
Academy of the New Church Secondary Schools (ANCSS)Bryn Athyn, PA$41,435,980
Wheaton CollegeWheaton, IL$181,635,763
Joseph and Harvey Meyerhoff Family Charitable FundsOklahoma City, OK$74,884,980
Columbia International University (CIU)Columbia, SC$60,511,031
Canisius UniversityBuffalo, NY$99,933,030
Albion CollegeAlbion, MI$103,855,372
Taylor UniversityUpland, IN$130,385,822
Abilene Christian University (ACU)Abilene, TX$314,810,886
John Brown University (JBU)Siloam Springs, AR$80,057,560
St Norbert CollegeDe Pere, WI$140,264,286
Data update history
August 17, 2024
Updated personnel
Identified 4 new personnel
August 10, 2024
Received grants
Identified 59 new grant, including a grant for $1,250,000 from Lilly Endowment
July 17, 2024
Used new vendors
Identified 2 new vendors, including , and
July 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 17, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from Reese Family Foundation for Christ
Nonprofit Types
SchoolsHigher ed institutions
Issues
EducationCommunity improvementBusiness and industry
Characteristics
ReligiousChristianOperates donor advised fundsOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
820 N Lasalle Blvd
Chicago, IL 60610
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
moodybible.org/ 
Phone
(312) 329-4000
Facebook page
MoodyBibleInstitute 
Twitter profile
@moody_bible 
IRS details
EIN
36-2167792
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1887
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0144802
FTB Entity ID
3569349
AB 488 data last updated ("as-of") date
2024-10-16
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