Dallas Theological Seminary is a 501(c)(3) organization based in Dallas, Texas, registered in 1941, with $73,352,068 in FY2024 revenue. CharityIndex grades it A, and it directs about 76% of spending to programs.
Revenue (FY2024)
$73.4M
▲ 9.2% vs prior year
Education median: $200K
Expenses (FY2024)
$67.8M
Net assets
$139.4M
Employees
664
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Dallas Theological Seminary: 76% to programs · $14 to raise $100 earns a B on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Dallas Theological Seminary: 25 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Dallas Theological Seminary: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Dallas Theological Seminary: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The mission of dallas theological seminary is to glorify god by equipping godly servant-leaders for the proclamation of his word and the building up of the body of christ worldwide.
Student services: the mission of student services is to ensure that every student has the opportunity to develop as a godly servant-leader through his or her social, cultural, spiritual, physical, and emotional life. we provide advisement, programming, and services to enrich community, family life, personal interaction, social development, cultural awareness, physical development and campus diversity. the admissions department works to recruit and then equip entering students with the resources needed to have a successful graduate-studies experience. the registrar and counseling offices provide advising, counseling and testing services to facilitate personal, family and professional development. the chaplains office encourages campus community life, worship, and spiritual development through chapel programming. the dean of students office provides opportunities for student participation in decision-making and leadership development through student groups.
Academic support: the library holds over 375,000 items, provides access to electronic resources and has special rare volumes. the media and computer lab allows students to use computer equipment, audio and video media.
Auxiliary: auxiliary enterprises consist of a student bookstore, two student apartment buildings, and a theological journal. swindoll tower residence hall has 158 apartments for married students with families and includes a fireside chat room, playroom, and courtyard with a pool. washington hall, the single-student apartment building, contains 158 bedrooms in one and two bedroom apartments. its amenities include a student research library that is an extension of turpin library, conference rooms, 2 music practice rooms, 2 media rooms, a multipurpose room/gym, and a pool. bibliotheca sacra, a theological quarterly, in continuous publication since 1843, has been published by dts since 1934.
Revenue grew from $42.0M (FY2013) to $73.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
7.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$156.5M
Total liabilities
$17.1M
Net assets
$139.4M
Salaries & benefits
$34.4M
51% of expenses
Board members
28
27 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $73,352,068▲9.2% | $67,752,565▲14.6% | $139,373,151▲5.6% | $156,461,744▲0.6% | 990 |
| 2023 | $67,171,133▲0.7% | $59,141,334▲13.1% | $131,963,915▲11.3% | $155,585,962▲6.9% | 990 |
| 2022 | $66,702,870▲18.7% | $52,278,944▲6.5% | $118,572,163▲20.5% | $145,541,414▲11.9% | 990 |
| 2021 | $56,175,950▲19.7% | $49,104,197▲11.0% | $98,424,978▲4.5% | $130,118,907▼1.2% | 990 |
| 2020 | $46,931,578▼10.8% | $44,249,380▼1.6% | $94,202,775▲22.0% | $131,702,199▲7.1% | 990 |
| 2019 | $52,630,450▲8.7% | $44,964,514▲9.5% | $77,205,734▲6.5% | $122,981,320▲10.0% | 990 |
| 2018 | $48,411,960▲16.5% | $41,081,382▲4.3% | $72,465,215▲9.5% | $111,754,010▲6.6% | 990 |
| 2017 | $41,548,199▲2.7% | $39,393,992▲0.5% | $66,159,507▲7.6% | $104,813,026▲1.9% | 990 |
| 2016 | $40,453,371▲6.2% | $39,216,070▼7.0% | $61,497,214▲11.2% | $102,824,063▲3.4% | 990 |
| 2015 | $38,108,797▼14.9% | $42,181,485▲6.9% | $55,327,622▼7.8% | $99,460,122▼3.8% | 990 |
| 2014 | $44,758,319▲6.5% | $39,462,872▲10.3% | $60,023,557▲7.4% | $103,417,876▲7.8% | 990 |
| 2013 | $42,025,020 | $35,788,758▲13.3% | $55,866,456▲18.9% | $95,948,200▲15.2% | 990 |
| 2012 | — | $31,593,791▼17.6% | $46,992,945▲22.4% | $83,266,486▲8.4% | 990 |
| 2011 | — | $38,338,985▲20.4% | $38,402,635▼14.5% | $76,812,364▼2.6% | 990 |
| 2010 | — | $31,851,430▼9.8% | $44,917,764▲17.2% | $78,827,260▲3.0% | 990 |
| 2009 | — | $35,310,885 | $38,319,875 | $76,497,180 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Mark Yarbrough — $310,060 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Yarbrough | President | 40 | $310,060 |
| Kim Till | Sr Vp Development | 40 | $201,851 |
| Josh Winn | Vp Communications and Community | 40 | $199,248 |
| George Hillman | Vp Education | 40 | $197,692 |
| David Tarrant | Vp Business & Financecfo | 40 | $196,021 |
| John Dyer | Vp Enrollment and Educ Technology | 40 | $176,950 |
| Michael Ortiz | Vp Global Ministries | 40 | $163,383 |
| Teri Oconnor | Executive Director Advancement | 40 | $153,600 |
| Glenn Kreider | Professor | 40 | $135,274 |
| Robert Riggs | Sr Vp Operations | 40 | $134,186 |
| Jason Wiesepape | Director Online Stu Engagement | 40 | $105,022 |
| Ben Simpson | Associate Professor New Testament | 40 | $101,814 |
| Mark Bailey | Chancellor Former President | 40 | $53,026 |
| Brian Fisher | Regent Chair | 1 | $1,125 |
| Bradley Payne | Regent | 1 | — |
| Carita Chen | Board Member | 0.5 | — |
| Chris Simmons | Board Member | 0.5 | — |
| Cindy Brinker Simmons | Regent | 1 | — |
| David Stevens | Board Incorp Mbr Chairregent | 1 | — |
| Elizabeth Logan | Board Member | 0.5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Hill & Wilkinson Construction Group | Building Construct | $7,892,926 |
| Future City Now | Consulting | $2,151,267 |
| Ritual Studio | Podcast Production | $1,003,579 |
| Museum Arts Inc | Design Consulting | $673,948 |
| Gff Inc | Building Construct | $284,563 |
172 grants to Dallas Theological Seminary totaling $34.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Colleges and universities | 2024 | $6,118,953 |
| American Endowment Foundation | Educational | 2024 | $294,400 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $269,125 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $57,800 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Religious | 2024 | $45,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $12,060 |
| Greater Horizons | Education | 2024 | $11,000 |
| American Gift Fund | Operations | 2024 | $10,000 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $10,000 |
| Signatry Charitable Trust | Religious ministry | 2024 | $9,800 |
| American Online Giving Foundation Inc | General support | 2024 | $8,386 |
| Christian Community Foundation Inc | General support | 2024 | $8,000 |
| National Christian Charitable Foundation | Growth | 2023 | $1,820,075 |
| National Philanthropic Tr | International | 2023 | $776,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $667,332 |
4 grants totaling $202K in FY2024. All grants made by Dallas Theological Seminary →
| Recipient | Purpose | Amount |
|---|---|---|
| Dallas Seminary Foundation | General support | $140,000 |
| Chosen People Ministries Inc | Staff support | $37,500 |
| Christian Leadership Alliance | General support | $14,000 |
| Inspire Women | General support | $10,000 |
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Data for Dallas Theological Seminary (EIN 75-0827421) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.