Dallas Theological Seminary

Organization Overview

Dallas Theological Seminary is located in Dallas, TX. The organization was established in 1941. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, Dallas Theological Seminary employed 619 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Theological Seminary is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Dallas Theological Seminary generated $46.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $44.2m during the year ending 06/2021. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF DALLAS THEOLOGICAL SEMINARY IS TO GLORIFY GOD BY EQUIPPING GODLY SERVANT-LEADERS FOR THE PROCLAMATION OF HIS WORD AND THE BUILDING UP OF THE BODY OF CHRIST WORLDWIDE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTION: DALLAS THEOLOGICAL SEMINARY (DTS) OFFERS A VARIETY OF GRADUATE ACADEMIC PROGRAMS FROM ITS MAIN CAMPUS IN DALLAS, TX AND ITS EXTENSION SITES IN AUSTIN, HOUSTON, AND SAN ANTONIO, TEXAS; ATLANTA, GEORGIA; NASHVILLE, TN AND BURKE, VIRGINIA. ONLINE COURSES ARE ALSO OFFERED. DTS IS NONDENOMINATIONAL AND SEEKS TO SERVE THOSE OF LIKE BIBLICAL FAITH IN EVANGELICAL PROTESTANTISM. DTS HAS OVER 15,000 ALUMNI SERVING IN 105 COUNTRIES. FALL 2021 ENROLLMENT CONSISTED OF 2,613 STUDENTS, WITH 14,802 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 PROVIDE ADVISING, COUNSELING AND TESTING SERVICES TO FACILITATE PERSONAL, FAMILY AND PROFESSIONAL DEVELOPMENT. THE CHAPLAINS OFFICE ENCOURAGES CAMPUS COMMUNITY LIFE, WORSHIP, AND SPIRITUAL DEVELOPMENT THROUGH CHAPEL PROGRAMMING. THE DEAN OF STUDENTS OFFICE PROVIDES OPPORTUNITIES FOR STUDENT PARTICIPATION IN DECISION-MAKING AND LEADERSHIP DEVELOPMENT THROUGH STUDENT GROUPS.


PUBLIC SERVICE: HENDRICKS CENTER FOR CHRISTIAN LEADERSHIP AND CULTURAL ENGAGEMENT PURSUES THE DEVELOPMENT OF EFFECTIVE CHRISTIAN LEADERSHIP IN ORDER TO BUILD LEADERS OF INTEGRITY AND IMPACT. ACADEMIC SUPPORT: THE LIBRARY HOLDS OVER 423,000 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.


AUXILIARY: AUXILIARY ENTERPRISES CONSIST OF A STUDENT BOOKSTORE, TWO STUDENT APARTMENT BUILDINGS, AND A THEOLOGICAL JOURNAL. MITCHELL MINISTRY CENTER HOUSES STUDENT SUPPORT ACTIVITES AND THE BOOKSTORE. SWINDOLL TOWER RESIDENCE HALL HAS 158 APARTMENTS FOR MARRIED STUDENTS WITH FAMILIES AND INCLUDES A FIRESIDE CHAT ROOM, PLAYROOM, AND COURTYARD WITH A POOL. WASHINGTON HALL, THE SINGLE-STUDENT APARTMENT BUILDING, CONTAINS 158 BEDROOMS IN ONE AND TWO BEDROOM APARTMENTS. ITS AMENITIES INCLUDE A STUDENT RESEARCH LIBRARY THAT IS AN EXTENSION OF TURPIN LIBRARY, CONFERENCE ROOMS, 2 MUSIC PRACTICE ROOMS, 2 MEDIA ROOMS, A MULTIPURPOSE ROOM/GYM, AND A POOL. BIBLIOTHECA SACRA, A THEOLOGICAL QUARTERLY, IN CONTINUOUS PUBLICATION SINCE 1843, HAS BEEN PUBLISHED BY DTS SINCE 1934. BIBLIOTHECA SACRA DOES NOT INCLUDE ANY ADVERTISING OR ENDORSEMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Yarbrough
President
$199,180
Dale Larson
Sr Advisor Finance & Account
$171,640
George Hillman
VP Education
$164,551
Kim Till
Sr VP Development
$159,240
Glenn Kreider
Professor
$152,409
Robert Riggs
Sr VP Operations
$135,415

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hill Wilkenson
Construction
$6,946,933
Mercer Investments Llc
Investment Advisor
$132,170
Donor Direct
Fundraising
$166,638
Gff Inc
Construction
$150,144
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$20,140,975
Investment income $554,126
Tax Exempt Bond Proceeds $0
Royalties $89,861
Net Rental Income $809
Net Gain/Loss on Asset Sales $400,569
Net Income from Fundraising Events -$15,074
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $50,883
Miscellaneous Revenue$0
Total Revenue $46,931,578

Grants Awarded

Over the last fiscal year, Dallas Theological Seminary has awarded $52,579 in support to 2 organizations.

Grant RecipientAmount

CHOSEN PEOPLE MINISTRIES

Org PageRecipient Profile

New York, NY

PURPOSE: Staff Support

$30,000

OPPORTUNITY INTERNATIONAL

Org PageRecipient Profile

Chicago, IL

PURPOSE: Online Teacher preparation fund

$22,579
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Dallas Theological Seminary has recieved totaling $35,144.

Awarding OrganizationAmount
Champion For Christ Foundation Inc

Greenville, SC

PURPOSE: TO SUPPORT THE COST AND EXPENSES OF HIGHER LEARNING

$15,200
Howard T Hirschy Foundation

Ocala, FL

PURPOSE: EDUCATION

$11,476
Pearl C Unger Unitrust 16815 Nect

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$3,968
Robert J And Elizabeth A Symon Family Foundation

Dallas, TX

PURPOSE: CHRISTIAN SEMINARY

$2,500
Light Foundation Inc

Denton, TX

PURPOSE: GENERAL

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$65,520,168
Earnings-$7,017,870
Admin Expense$312,832
Net Contributions$6,676,778
Other Expense$271,816
Grants$2,569,110
Ending Balance$62,025,318

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