ASBURY THEOLOGICAL SEMINARY

Wilmore, KY, 403901199 (859) 858-3581 Est. 1931 EIN 61-0445823
B500 - Education 990 - Public charity return 501(c)(3)
www.asburyseminary.edu

Mission

Asbury Theological Seminary is a community called to prepare theologically educated, sanctified, Spirit-filled men and women to evangelize and to spread scriptural holiness throughout the world through the love of Jesus Christ, in the power of the Holy Spirit and to the glory of God the Father.

Giving Portfolio

Total Grants
24
Total Giving
$455K
Recipients
24
Years Active
2024
Avg grant: $18,958 Median: $20,000

Sectors Funded

Religion-Related
7

Top States

New York
3
Ohio
3
Arkansas
2
North Carolina
2
Colorado
2
Georgia
2
Tennessee
2
Michigan
1
and 7 more states

Grantee Size Profile

$1M - $5M
1

Top Grantees

Page 1 of 3
All Saints Anglican Church Naperville
IL
$38K
Magnolia Avenue UMC
TN
$30K
Cornerstone Anglican Church
NC
$20K

Grants Awarded · 14 grants

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Financials

Total Revenue
$50,655,245
Total Expenses
$44,324,886
Net Assets
$370,408,930
544 employees
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
8.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 11.9%
Expenses ↑ 2.2%
Revenue Sources
Contributions 27.2% Earned revenue 48.6% Investment 24.2%
Expense Breakdown
Program 83.0% Management 14.0% Fundraising 2.9%

Officers & Trustees (32)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$50,655,245 ↑$44,324,886$370,408,930
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$34,624,370 $38,815,722$354,934,314
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$34,624,370 ↓$38,815,722$354,934,314
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$77,871,146 ↑$39,441,449$358,236,379
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$52,800,131 ↑$37,102,998$323,784,443
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$33,165,613 ↓$29,118,589$269,569,129
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$33,289,997 $29,348,904$262,888,522

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EIN: 61-0445823 · Source: IRS Form 990 e-file data