Union Theological Seminary
76% goes to programs $5 to raise $100 Strong reserves
Union Theological Seminary is a 501(c)(3) organization based in New York, New York, registered in 1934, with $39,103,505 in FY2023 revenue. CharityIndex grades it B+, and it directs about 76% of spending to programs.
3041 Broadway 121st St, New York, NY, 10027 EIN 13-1624238 Since 1934
Revenue (FY2023)
$39.1M
▼ 16.1% vs prior year
Education median: $200K
Expenses (FY2023)
$34.6M
Net assets
$192.3M
Employees
271
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating76% to programs · $5 to raise $100
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 Union Theological Seminary: 76% to programs · $5 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating67 mo reserves · +11% margin
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 Union Theological Seminary: 67 mo reserves · +11% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Union Theological Seminary: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Union Theological Seminary: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide theological education.
Contact & location
- Address
- 3041 Broadway 121st St, New York, NY, 10027
- City
- New York
- State
- New York
- Category
- Education
- Subcategory
- Graduate & Professional Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $16.1M (FY2013) to $39.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $31.4MNet assets $192.3M
Operating margin
11.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$223.7M
Total liabilities
$31.4M
Net assets
$192.3M
Salaries & benefits
$11.3M
33% of expenses
Board members
25
24 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $39,103,505▼16.1% | $34,609,860▼11.1% | $192,291,670▲5.0% | $223,719,296▲2.7% | 990 |
| 2022 | $46,602,334▲20.1% | $38,910,095▲2.4% | $183,072,490▲12.5% | $217,803,574▲5.7% | 990 |
| 2021 | $38,813,378▲7.2% | $37,996,298▲30.6% | $162,701,635▼14.3% | $206,084,194▼13.8% | 990 |
| 2020 | $36,192,971▼56.8% | $29,102,980▼4.1% | $189,878,815▲19.9% | $239,147,562▲8.2% | 990 |
| 2019 | $83,857,072▲225% | $30,358,562▲0.4% | $158,310,766▲49.8% | $221,087,990▲37.0% | 990 |
| 2018 | $25,778,356▲12.2% | $30,225,090▲10.5% | $105,704,529▼2.0% | $161,354,366▲26.5% | 990 |
| 2017 | $22,972,064▲23.6% | $27,362,576▲15.3% | $107,895,385▼0.6% | $127,531,134▲3.0% | 990 |
| 2016 | $18,582,937▲0.3% | $23,737,075▼2.5% | $108,520,075▲9.5% | $123,843,809▲7.0% | 990 |
| 2015 | $18,518,388▼23.4% | $24,352,695▲3.8% | $99,081,110▼12.5% | $115,693,325▼11.7% | 990 |
| 2014 | $24,176,955▲50.4% | $23,472,155▲7.3% | $113,209,377▲0.9% | $131,061,773▲1.4% | 990 |
| 2013 | $16,070,848 | $21,872,706▲4.3% | $112,177,079▲9.2% | $129,258,904▲9.0% | 990 |
| 2012 | — | $20,965,725▲5.0% | $102,691,344▲7.1% | $118,574,037▲5.9% | 990 |
| 2011 | — | $19,964,707▲2.8% | $95,863,475▼4.1% | $111,955,202▼3.6% | 990 |
| 2010 | — | $19,423,782▲3.5% | $99,988,411▲11.7% | $116,102,674▲9.9% | 990 |
| 2009 | — | $18,767,247 | $89,539,167 | $105,613,125 | 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.
Leadership & compensation (FY2023)
Highest-paid: The Rev Dr Serene Jones — $370,456 (1.07% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| The Rev Dr Serene Jones | President | 40 | $370,456 |
| William Peabody | Chief Operating Officer | 40 | $237,219 |
| Nina Wong | Treasurer | 40 | $199,633 |
| Afsheen Shamsi | Vp of Communications & Marketing | 40 | $173,162 |
| Su Yon Pak | Vp of Academic Affairs & Dean | 40 | $172,832 |
| Cornel West Chair In | Philosophy and Christian Practice | 40 | $167,447 |
| David Gastwirth Vp For | Online Ed & Learning Innovation | 40 | $131,627 |
| Vanessa Hutchinson | Vp of Admisssions & Fin. Aid | 40 | $126,616 |
| Rita L Walters | Vp For Development | 40 | $124,242 |
| Mary Boys Skinner Mcalpin | Professor of Practical Theology | 40 | $121,410 |
| Jorge Busone Rodriguez Visiting | Assist. Prof. of Historical Studies | 40 | $117,770 |
| Jody West | Secretary/vp For Administration | 40 | $116,125 |
| Gary Dorrien | Professor of Social Ethics | 40 | $111,235 |
| Blake Franklin Esq | Trustee Thru Feb 2024 | 2 | — |
| Calvin Mew | Trustee | 2 | — |
| Caroline Laguerre-brown | Trustee | 2 | — |
| Chang Park | Trustee | 2 | — |
| Clifford Hudson | Chair | 2 | — |
| Craig J Miller | Trustee | 2 | — |
| David Klassen | Trustee Thru May 2024 | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Repairers of the Breach Inc | Consulting Services | $1,116,722 |
| Advanced Technologies Group | It | $368,158 |
| Patterson Belknap Webb & Tyler LLP | Legal Services | $360,463 |
| In Visions Np Corp | Strategic Planning | $334,100 |
| Beyer Blinder Belle Architect and Plann | Architect & Planning | $155,414 |
Grants received · $9.3M total
108 grants to Union Theological Seminary totaling $9.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tides Foundation | Equity, human rights, and economic empowerment | 2024 | $500,000 |
| Rockefeller Philanthropy Advisors Inc | Civil rights, social action & advocacy, education | 2024 | $500,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2024 | $150,000 |
| Fjc | General operating support | 2024 | $50,000 |
| American Endowment Foundation | Religion | 2024 | $20,000 |
| Pew Charitable Trusts | Matching gift | 2024 | $10,500 |
| Amalgamated Charitable Foundation Inc | General operating support | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $7,535 |
| National Philanthropic Tr | International | 2023 | $500,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $127,539 |
| Fjc | General operating support | 2023 | $87,500 |
| Donor Advised Charitable Giving | Education | 2023 | $84,162 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $47,000 |
| California Community Foundation | Religion | 2023 | $28,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2023 | $25,000 |
Grants made · $300K in FY2022
1 grant totaling $300K in FY2022. All grants made by Union Theological Seminary →
| Recipient | Purpose | Amount |
|---|---|---|
| New York Theological Seminary | Support of general operations | $300,000 |
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Frequently asked questions
- Is Union Theological Seminary a legitimate nonprofit?
- Yes. Union Theological Seminary is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-1624238, based in New York, New York. Donations are tax-deductible.
- What is Union Theological Seminary's EIN?
- Union Theological Seminary's Employer Identification Number (EIN) is 13-1624238.
- How much revenue does Union Theological Seminary report?
- Union Theological Seminary reported $39,103,505 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Union Theological Seminary's spending goes to programs?
- Union Theological Seminary spends about 76% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Union Theological Seminary have?
- CharityIndex grades Union Theological Seminary B+, based on program efficiency and fundraising cost.
- How much does Union Theological Seminary's highest-paid employee make?
- The highest reported compensation on Union Theological Seminary's latest Form 990 is $370,456, paid to The Rev Dr Serene Jones (President).
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Data for Union Theological Seminary (EIN 13-1624238) 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.