Overview
What is Asbury Theological Seminary?
Asbury Theological Seminary is a nonprofit institution located in Wilmore, Kentucky, with additional campuses in Florida, Tennessee, Oklahoma, and an online program. It welcomed over 1,800 students from various states and countries, representing 92 denominations and churches. The Seminary offers a range of degree programs, including master of arts, master of divinity, master of theology, doctor of ministry, doctor of missiology, and doctor of philosophy. Asbury Theological Seminary is dedicated to fostering theologically educated, sanctified, and Spirit-filled individuals who aim to spread scriptural holiness worldwide through evangelism, all in the name of Jesus Christ and the power of the Holy Spirit, bringing glory to God the Father. The Seminary boasts a workforce of 587 employees.
Official website here: www.asburyseminary.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Asbury Theological Seminary has achieved a remarkable rating of 96%, which reflects a strong commitment to accountability and financial management. The organization’s score is entirely based on its exemplary performance in the Accountability & Finance category, highlighting its dedication to maintaining high standards in financial reporting and governance. An independent board comprising 100% members ensures that decision-making remains unbiased and transparent.
The seminary excels in various financial metrics, with no material diversions of assets and a solid program expense ratio of 82.77%. This indicates that a significant portion of its resources is allocated to its programs rather than administrative costs. Additionally, the presence of comprehensive policies related to conflict of interest, whistleblowing, and document retention demonstrates a thorough approach to organizational governance and risk management.
While the rating is highly commendable, it primarily focuses on financial metrics without providing insights into programmatic outcomes or community impact. Therefore, while Asbury Theological Seminary showcases strong fiscal responsibility, potential donors and stakeholders may want to explore further details regarding its educational initiatives and effectiveness within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Asbury Theological Seminary legitimate?
Asbury Theological Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbury Theological Seminary 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: $716,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,716,491
For more financial information, click here
Official website here: www.asburyseminary.edu
What is the mission statement of Asbury Theological Seminary?
Asbury Theological Seminary is dedicated to educating men and women with a deep theological understanding, instilling sanctity and the infusion of the Holy Spirit. Their ultimate goal is to inspire individuals to spread scriptural holiness worldwide through the love of Jesus Christ. The Seminary welcomes students from various denominations and churches, including United Methodist, Nondenominational, Baptist, Assemblies of God, and others. In total, over 1,800 students attend the Seminary through its on-campus programs in Wilmore, KY, Orlando, FL, Memphis, TN, and Tulsa, OK, as well as through its online extended learning program. With a range of degree programs, including master of arts, master of divinity, master of theology, doctor of ministry, doctor of missiology, and doctor of philosophy, Asbury Theological Seminary equips its graduates with the knowledge and skills to make a significant impact in their communities and beyond.
Official website here: www.asburyseminary.edu
Who is the CEO of Asbury Theological Seminary?
Bryan P Blankenship is the President of Asbury Theological Seminary.
Official website here: www.asburyseminary.edu
What is the revenue of Asbury Theological Seminary?
Asbury Theological Seminary's revenue in 2022 was $77,871,146.
Official website here: www.asburyseminary.edu
Who are the executives of Asbury Theological Seminary and what are their salaries?
The average compensation at Asbury Theological Seminary during 2022 was $26,291. There are 587 employees at Asbury Theological Seminary.
Here are 45 key members and their salaries:
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Official website here: www.asburyseminary.edu
Where can I find the form 990 for Asbury Theological Seminary?
Asbury Theological Seminary's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asburyseminary.edu
Learn more at the official website: www.asburyseminary.edu
Mission Statement of Asbury Theological Seminary
Asbury Theological Seminary, a vibrant community of learners, is dedicated to nurturing theologically educated, sanctified, and Spirit-filled individuals. Hailing from various backgrounds and denominations, over 1,800 students attend the Seminary's programs in Wilmore, Kentucky, Orlando, Florida, Memphis, Tennessee, Tulsa, Oklahoma, and online.
The mission of Asbury Theological Seminary is to prepare men and women who will evangelize and spread scriptural holiness across the globe through their love for Jesus Christ. Empowered by the Holy Spirit, these graduates will carry out their work to the glory of God the Father. By offering degrees in master of arts, master of divinity, master of theology, doctor of ministry, doctor of missiology, and doctor of philosophy, Asbury Theological Seminary equips its students with the necessary knowledge and skills to make a significant impact in their respective communities and beyond.
Asbury Theological Seminary's diverse student body originates from 45 states and 43 countries. Among the top sending groups, there are United Methodists, Nondenominational Christians, Baptists, Assemblies of God, Salvation Army members, Free Methodists, Nazarenes, Anglicans, African Methodist Episcopal Churchgoers, Christian Church adherents, Wesleyan Church members, and Christian Missionary Alliance followers. This rich tapestry of backgrounds fosters a dynamic learning environment where students can grow, learn, and exchange ideas.
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Impact
October, 2024
Asbury Theological Seminary plays a significant role in shaping spiritual leaders and theologians dedicated to spreading the message of Jesus Christ and scriptural holiness globally. With an enrollment of over 1,800 students from 45 states and 43 countries, the seminary fosters a diverse community that transcends geographical and denominational boundaries. Representing 92 different denominations, students include individuals from the United Methodist Church, Nondenominational congregations, Baptist churches, and several other faith traditions, illustrating the seminary's broad appeal and inclusive mission.
The seminary offers a variety of advanced degree programs—such as master’s and doctorates in divinity, theology, ministry, and missiology—equipping students with the theological education needed to lead effectively in various ministry contexts. Its campuses in Wilmore, KY, Orlando, FL, Memphis, TN, Tulsa, OK, and online learning opportunities ensure that theological education is accessible to a wide audience, enabling the next generation of leaders to emerge from diverse backgrounds.
Through its commitment to preparing sanctified and Spirit-filled individuals, Asbury Theological Seminary emphasizes evangelism and holistic Christian living, encouraging students to live out their faith in practical ways and to impact their communities positively. The seminary's dedication to scriptural holiness, empowered by the Holy Spirit, contributes to the spiritual renewal and revitalization of churches and communities across the globe.
This information is meant to be a general summary of Asbury Theological Seminary. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $23,293,869
- Program Service Revenue: $21,662,784
- Gross Receipts: $118,579,454
Assets and Liabilities:
- Total Assets: $363,518,683
- Total Liabilities: $5,282,304
- Net Assets: $358,236,379
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and fees
Revenue
$17,360,841
Auxiliary Services
Revenue
$2,550,853
Organization Details
Founding Year
1931
Phone
(859) 858-3581Principal Officer
Bryan P Blankenship
Main Address
204 N Lexington Ave, Wilmore, KY, 403901199
Website
www.asburyseminary.eduNTEE Category
Code: B500 - Education
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