Boston Theological Institute

Organization Overview

Boston Theological Institute is located in Cambridge, MA. The organization was established in 1968. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Theological Institute 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 06/2024, Boston Theological Institute generated $287.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $264.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

BOSTON THEOLOGICAL INTERRELIGIOUS CONSORTIUM IS A CONSORTIUM OF MAJOR THEOLOGICAL SCHOOLS IN THE BOSTON AREA. THROUGH THE CONSORTIUM, THEOLOGY STUDENTS CAN CROSS-REGISTER FOR COURSES AND SHARE THE LIBRARY RESOURCES OF ALL MEMBER INSTITUTIONS. THE INSTITUTE ALSO CONDUCTS WORKSHOPS AND PRODUCE LITERATURE THAT PROMOTES ECUMENCIAL EDUCATION, COMMUNICATION, AND UNDERSTANDING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LIBRARY - THE LIBRARY EXPENSES REPRESENTS THE PURCHASE OF DIGITAL DATABASE SUBSCRIPTION THROUGH EBSCO LIBRARY SERVICES. THIS COMMON PURCHASING ALLOWS CONSIDERABLE SAVINGS FOR THE INDIVIDUAL LIBRARIES. THESE SERVICES AVAILABLE TO STUDENTS, FACULTY AND OTHER LIBRARY.ALL RECEIPTS RECEIVED FROM MEMBERS ARE PAID DIRECTLY TO EBSCO BY THE ORGANIZATION. THE ORGANIZATION IS AN AGENT FOR THESE FEES AND DOES NOT RECEIVE ANY REVENUE FROM THESE TRANSACTIONS, ALTHOUGH TO FACILITATE UNDERSTANDING, THE EXPENDITURES ARE SHOWN ABOVE AS OFFSETTING REVENUE AND EXPENSE.


INTERSCHOOL SERVICES - EXCHANGE PROGRAM AMONG TEN THEOLOGICAL SCHOOLS IN THE GREATER BOSTON AREA FOR CLOSE TO HALF A CENTURY, BTI HAS FOSTERED INTERDENOMINATIONAL AND INTERFAITH EXCHANGE AND HAS UNITED ITS MEMBER SCHOOLS IN THE SHARING OF ACADEMIC COURSES, LIBRARY, FACILITIES, PROGRAMS AND DIALOGUE


OTHER PROGRAM SERVICE EXPENSES


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie Edwards
Executive Dir.
$75,000
Scott W Sunquist
Chairman
$0
G Sujin Pak
Director
$0
Teddy Hickman-Maynard
Director
$0
Andrea Vicini Sj
Director
$0
Steven Salocks
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$208,035
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$79,851
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$287,886
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $287,886

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