Graduate Theological Union
- Assets
- $72.5m
- Revenue
- $8.4m
- Investments
- $58.0m
- Employees
- 138
- Location
- Berkeley, CA
- Founding
- 05/1964
- Data as of
- 06/2021
- EIN
- 94-1581707
Organization Overview
Graduate Theological Union is located in Berkeley, CA. The organization was established in 1964. 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 06/2021, Graduate Theological Union employed 138 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Graduate Theological Union 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, Graduate Theological Union generated $8.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $11.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
INSTRUCTION AND ACADEMIC SERVICES - PROVIDED INSTRUCTION, ACADEMIC ADVISING AND OTHER SERVICES FOR APPROXIMATELY 210 GTU STUDENTS ENROLLED IN CERTIFICATE, MASTER AND DOCTORAL DEGREE PROGRAMS. PROVIDED INSTRUCTION TO APPROXIMATELY 300 ADDITIONAL STUDENTS FROM ACROSS THE CONSORTIUM.
LIBRARY - OPERATED THE FLORA LAMSON HEWLETT LIBRARY, ONE OF THE MOST COMPREHENSIVE THEOLOGICAL LIBRARIES IN THE UNITED STATES. THE LIBRARY CONTAINS MORE THAN 530,000 BOOKS, 700 PERIODICAL SUBSCRIPTIONS, AND 295,000 MICROFORMS AND AUDIO VISUAL MATERIALS. IN ADDITION, THE LIBRARY HAS ACCESS TO 132 DATABASES THAT SUPPORT THE STUDY OF RELIGION AS WELL AS 100,000 DIGITAL JOURNAL TITLES, ALL OF WHICH ARE AVAILABLE FOR REMOTE ACCESS.
PROVIDED LEARNING MANAGEMENT AND COURSE MANAGEMENT SERVICES TO EIGHT MEMBER INSTITUTIONS AND OTHER AFFILIATED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel L Lehmann Former President To 2/21/2020 | 37.5 | $239,418 | |
Ellen Peterson Cfo/vp Admin & Finance | Officer | 37.5 | $157,476 |
Alison Mundy VP Advancement To 3/26/21 | Officer | 37.5 | $155,891 |
Uriah Kim President | OfficerTrustee | 37.5 | $141,233 |
Sephora Hartz Chief Strategy Officer | Officer | 37.5 | $135,807 |
Arthur Holder Professor | 37.5 | $125,399 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emcor Services (Mesa Energy Systems) Commercial Hvac Contractor | 6/29/21 | $312,731 |
The Trium Group Consulting | 6/29/21 | $200,000 |
Ferrilli Information Group Information Technology Services And Soft | 6/29/21 | $151,997 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $757,813 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,541,184 |
| Noncash contributions included in lines 1a–1f | $22,672 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,298,997 |
| Total Program Service Revenue | $4,860,107 |
| Investment income | $398,047 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $17,096 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $662,842 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,414,680 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,000 |
| Grants and other assistance to domestic individuals. | $1,322,320 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $925,637 |
| Compensation of current officers, directors, key employees. | $409,552 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,068,130 |
| Pension plan accruals and contributions | $215,143 |
| Other employee benefits | $533,603 |
| Payroll taxes | $335,481 |
| Fees for services: Management | $691,633 |
| Fees for services: Legal | $84,542 |
| Fees for services: Accounting | $79,395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $114,443 |
| Fees for services: Other | $11,785 |
| Advertising and promotion | $18,990 |
| Office expenses | $283,766 |
| Information technology | $714,277 |
| Royalties | $0 |
| Occupancy | $395,069 |
| Travel | $3,985 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,582 |
| Interest | $52,372 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,071,107 |
| Insurance | $153,922 |
| All other expenses | $0 |
| Total functional expenses | $11,472,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $524,965 |
| Savings and temporary cash investments | $3,145,846 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $470,170 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $141,219 |
| Net Land, buildings, and equipment | $10,089,637 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $58,002,802 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $107,041 |
| Total assets | $72,481,680 |
| Accounts payable and accrued expenses | $763,912 |
| Grants payable | $0 |
| Deferred revenue | $1,344,187 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $300,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $892,106 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,300,205 |
| Net assets without donor restrictions | $10,247,295 |
| Net assets with donor restrictions | $58,934,180 |
| 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 | $72,481,680 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Graduate Theological Union has recieved totaling $164,254.
| Awarding Organization | Amount |
|---|---|
E Rhodes And Leona B Carpenter Foundation Radnor, PA PURPOSE: HELP WITH THE COSTS OF REDESIGNING AND EXPANDING ITS DIGITAL LEARNING LAB | $50,000 |
Walker Foundation Inc San Francisco, CA PURPOSE: CHARITABLE DONATIONS | $31,000 |
Uberoi Foundation For Religious Studies Wilmington, DE PURPOSE: CENTER DHARMA STUDIES: SHERMA | $26,500 |
Uberoi Foundation For Religious Studies Wilmington, DE PURPOSE: YOGA AND CONTEMPLATIVE ARTS: ECOPSYCHOLOGICAL HEALING | $25,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,000 |
Grace Foundation Ames, IA PURPOSE: PROGRAM SUPPORT | $7,500 |
Endowment Analysis
| Beg. Balance | $48,293,169 |
| Earnings | $13,866,731 |
| Net Contributions | $771,200 |
| Other Expense | $3,217,555 |
| Grants | $1,086,009 |
| Ending Balance | $58,627,536 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Western School Of Law San Diego, CA | $69,688,098 | $48,863,777 |
Keck Graduate Institute Claremont, CA | $121,856,519 | $41,890,021 |
Marshall B Ketchum University Fullerton, CA | $105,970,455 | $47,583,305 |
Thunderbird School Of Global Management Phoenix, AZ | $4,648,363 | $22,980,212 |
Southern California University Of Health Sciences Whittier, CA | $39,889,743 | $44,008,074 |
Palo Alto University Inc Palo Alto, CA | $37,743,432 | $38,449,514 |
Uc Berkeley Center For Executive Education Berkeley, CA | $14,411,646 | $24,161,289 |
Life Chiropractic College West Hayward, CA | $30,632,289 | $21,817,689 |
Fielding Graduate University Santa Barbara, CA | $38,250,030 | $25,475,508 |
Saybrook University Pasadena, CA | $17,039,418 | $21,644,889 |
Southwest College Of Naturopathic Medicine And Health Science Inc Tempe, AZ | $29,642,803 | $19,296,647 |
Multnomah University Portland, OR | $31,830,186 | $15,256,009 |