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The Master's Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411999800 ✦ Saint paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is The Master's Institute?

The Master's Institute, situated in White Bear Lake, Minnesota, serves as a seminary for nurturing potential leaders for various church roles. This nonprofit organization, with a team of six dedicated individuals, focuses on spiritual and character development, biblical teaching, and leadership training. Their mission is to prepare individuals for positions such as pastors, worship leaders, youth pastors, and children's ministers, fostering well-rounded leaders for the Kingdom of God. The Institute provides a comprehensive training experience, equipping both the heart and mind of future leaders.


Official website here: www.miseminary.com

Is The Master's Institute legitimate?

The Master's Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Master's Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $37,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,742

For more financial information, click here


Official website here: www.miseminary.com

What is the mission statement of The Master's Institute?

The Master's Institute's mission is centered around equipping individuals to serve in leadership roles within the Kingdom of God. This is achieved through a comprehensive approach that focuses on spiritual and character development, biblical teaching, and leadership training. By providing education in a seminary setting, the institute prepares individuals for positions such as pastors, worship leaders, youth pastors, and children's ministers, equipping them to make significant contributions to their respective church communities.


Official website here: www.miseminary.com

What is the revenue of The Master's Institute?

The Master's Institute's revenue in 2024 was $427,964.


Official website here: www.miseminary.com

Who are the executives of The Master's Institute and what are their salaries?

The average compensation at The Master's Institute during 2024 was $36,074. There are 6 employees and 15 volunteers at The Master's Institute.

Here are 9 key members and their salaries:


Per Nilsen (1885 Ivy Hill Drive, Mendota Heights, Mn 55118)
  • Compensation: $40,800
  • Related: $0
  • Other: $0
Julie Samuelson (15872 Mid River Rd, Pine City, Mn 55063)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Hulstrand (11255 Lanewood Circle, Eden Prairie, Mn 55344)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Dahl (3030 Riverside Rd, Story City, Ia 50248)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremey King (757 Martin Ave, Hudson, Wi 54016)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noah Ruppert (6801 Prairie View Dr Sioux Falls, Ia 51106)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Perkins (14650 Bowers Drive Ramsey, Mn 55303)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Miller (1980 Edgewood Drive Owatonna, Mn 55060)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrin Vick (2988 Frank Street Maplewood, Mn 55109)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.miseminary.com

Where can I find the form 990 for The Master's Institute?

The Master's Institute's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.miseminary.com

Learn more at the official website: www.miseminary.com

Mission Statement of The Master's Institute

The Master's Institute, a nonprofit organization, is committed to a mission that encompasses the spiritual, intellectual, and practical development of leaders within the Kingdom of God. Their primary objective is to shape and mold these leaders through spiritual and character formation, biblical teaching, and leadership training. By doing so, they aim to prepare individuals for various leadership roles within church settings, such as pastors, worship leaders, youth pastors, and children's ministers. This seminary-style training equips these leaders with the necessary skills and knowledge to effectively serve and guide their communities.

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Impact




October, 2024

The Master's Institute significantly impacts the community by equipping future leaders in the Kingdom of God. By providing spiritual and character formation alongside robust biblical teaching and leadership training, the Institute prepares individuals for vital roles within the church, including pastors, worship leaders, youth pastors, and children's ministers. In a seminary setting, it has successfully trained 37 men and women, empowering them to serve their communities effectively. Located in White Bear Lake, MN, this initiative not only enhances personal growth but also strengthens the broader religious community through dedicated leadership.




This information is meant to be a general summary of The Master's Institute. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$427,964 (2024)
Expenses
$337,417 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $372
  • Program Service Revenue: $183,615
  • Gross Receipts: $447,483

Assets and Liabilities:

  • Total Assets: $110,138
  • Total Liabilities: $22,218
  • Net Assets: $87,920

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MI Tuition

Revenue

$141,945

Micro MDiv

Revenue

$41,670

Organization Details

Founding Year

2001

Principal Officer

Per Nilsen

NTEE Category

Code: B50 - Education

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