Methodist Theological School In Ohio
- Assets
- $67.0m
- Revenue
- $8.5m
- Investments
- $13.7m
- Employees
- 112
- Location
- Delaware, OH
- Founding
- 01/1958
- Data as of
- 06/2022
- EIN
- 31-4421101
Organization Overview
Methodist Theological School In Ohio is located in Delaware, OH. The organization was established in 1958. 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, Methodist Theological School In Ohio employed 112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methodist Theological School In Ohio 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 06/2022, Methodist Theological School In Ohio generated $8.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $7.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
METHODIST THEOLOGICAL SCHOOL IN OHIO PROVIDES THEOLOGICAL EDUCATION AND LEADERSHIP IN PURSUIT OF A JUST, SUSTAINABLE AND GENERATIVE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
METHODIST THEOLOGICAL SCHOOL IN OHIO (MTSO) OFFERS FIVE MASTER'S DEGREE PROGRAMS SERVING 115 INDIVIDUALS AND A DOCTOR OF MINISTRY PROGRAM SERVING 24 INDIVIDUALS. THE SCHOOL ALSO PROVIDES PUBLIC THEOLOGY THROUGH SUCH ENDEAVORS AS THE THEOLOGICAL COMMONS AT MTSO, THE SCHOOLER INSTITUTE ON PREACHING AND THE WILLIAMS INSTITUTE LECTURES. PUBLIC LECTURES, WORKSHOPS AND SYMPOSIA ARE OFFERED THROUGHOUT THE YEAR AND SERVED 637 INDIVIDUALS.
METHODIST THEOLOGICAL SCHOOL IN OHIO (MTSO) OFFERS FIVE MASTER'S DEGREE PROGRAMS SERVING 115 INDIVIDUALS AND A DOCTOR OF MINISTRY PROGRAM SERVING 24 INDIVIDUALS. THE SCHOOL ALSO PROVIDES PUBLIC THEOLOGY THROUGH SUCH ENDEAVORS AS THE THEOLOGICAL COMMONS AT MTSO, THE SCHOOLER INSTITUTE ON PREACHING AND THE WILLIAMS INSTITUTE LECTURES. PUBLIC LECTURES, WORKSHOPS AND SYMPOSIA ARE OFFERED THROUGHOUT THE YEAR AND SERVED 637 INDIVIDUALS.
AUXILIARY ENTERPRISES EXPENSES FOR AUXILIARY SERVICES FOR THE CONVENIENCE OF OUR STUDENTS.
AUXILIARY ENTERPRISES EXPENSES FOR AUXILIARY SERVICES FOR THE CONVENIENCE OF OUR STUDENTS.
THE SCHOOL BEGAN A FARMING OPERATION DURING 2014 THAT WAS NAMED SEMINARY HILL FARM (THE "FARM"). THE FARM WAS CREATED TO FURTHER THE SUSTAINABILITY AND LAND INITIATIVE IN THE SCHOOL'S MISSION. THE FARM OPERATION SUPPLIES FOOD FOR THE SCHOOL'S DINING HALL, AS WELL AS THE SURROUNDING COMMUNITY.
THE SCHOOL BEGAN A FARMING OPERATION DURING 2014 THAT WAS NAMED SEMINARY HILL FARM (THE "FARM"). THE FARM WAS CREATED TO FURTHER THE SUSTAINABILITY AND LAND INITIATIVE IN THE SCHOOL'S MISSION. THE FARM OPERATION SUPPLIES FOOD FOR THE SCHOOL'S DINING HALL, AS WELL AS THE SURROUNDING COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Rundell President | OfficerTrustee | 40 | $122,468 |
Dr Derek Anderson Trustee | Trustee | 1 | $0 |
Andrew Call Trustee | Trustee | 1 | $0 |
The Rev Cyndy Garn Trustee | Trustee | 1 | $0 |
Dr Maggie Jackson Trustee | Trustee | 1 | $0 |
Rev Susan A Kyser Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,665 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,385,425 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,403,090 |
| Total Program Service Revenue | $2,175,551 |
| Investment income | $29,569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,570,319 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,481,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,839,904 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $365,487 |
| Compensation of current officers, directors, key employees. | $146,195 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,842,221 |
| Pension plan accruals and contributions | $165,375 |
| Other employee benefits | $35,091 |
| Payroll taxes | $151,888 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,517 |
| Fees for services: Accounting | $54,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $76,000 |
| Fees for services: Other | $0 |
| Advertising and promotion | $37,426 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $340,517 |
| Travel | $29,585 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,380 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $409,941 |
| Insurance | $0 |
| All other expenses | $152,573 |
| Total functional expenses | $7,373,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,156,747 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $114,656 |
| Accounts receivable, net | $181,076 |
| Loans from Officers, Directors, or Controlling Persons | $8,817 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $71,883 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $116,964 |
| Net Land, buildings, and equipment | $7,672,301 |
| Investments—publicly traded securities | $33,854,582 |
| Investments—other securities | $13,675,308 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,123,273 |
| Total assets | $66,975,607 |
| Accounts payable and accrued expenses | $405,623 |
| Grants payable | $0 |
| Deferred revenue | $24,517 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,765,045 |
| Total liabilities | $3,195,185 |
| Net assets without donor restrictions | $6,033,878 |
| Net assets with donor restrictions | $57,746,544 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $66,975,607 |