EIN 36-2167792

Moody Bible Institute (MBI)

IRS 501(c) type
501(c)(3)
Num. employees
1,784
Year formed
1887
Most recent tax filings
2022-06-01
Description
Moody Bible Institute (MBI) exists to reach across the globe, cultures and generations to equip people with the truth of God's Word to impact the world for Christ.
Also known as...
The Moody Bible Institute of Chicago
Total revenues
$263,295,292
2022
Total expenses
$116,657,220
2022
Total assets
$517,402,862
2022
Num. employees
1,784
2022

Program areas at MBI

Education:The mission of Moody Education is to educate students to think biblically, live Christianly, and serve the church effectively.Number of Students (2021-2022 school year): Undergraduate School 1,754 Graduate School 65750 states and the District of Columbia and 57 countries are represented in the undergraduate and graduate school. 7.1% Undergraduate students are international, and 3.2% Graduate students are international. 6% of students are international, between both Undergraduate and Graduate students.These following majors or emphases are offered:Undergraduate Certificates: Ministry Leadership, Ministry to Women, Biblical Studies, Children and Family Ministry, Disability Ministry, Intercultural StudiesAssociates Degrees: Biblical Studies, Children and Family Ministry, Intercultural StudiesBachelor of Science: Integrated Ministry Studies, (Ministry LeadershipChildren and Family Ministry, Disability Ministry, Leadership, Preaching, Ministry to Women), (Missionary Aviation TechnologyFlight or Maintenance), Biblical Studies, (Theological StudiesChristian Thought or Spiritual Formation), Theology and Cultural EngagementBachelor of Arts: Biblical Preaching, Biblical Languages, (Biblical Studies or Biblical StudiesMusic Emphasis), Ministry to Women, (Missional LeadershipNonprofit Management or Interdisciplinary), Pastoral Studies, Youth Ministry, Theology, Children and Family Ministry, Elementary Education with Association of Christian Schools International Certification, Human Services, Applied Linguistics, Intercultural Studies, Jewish Studies, Ministry to Victims of Sexual Exploitation, TESOL, Communications, (MusicMusic Ministry or Worship and Media Arts)These programs include the following emphases:Graduate Certificate in (Biblical Foundation, Biblical Studies, Biblical Spiritual Formation and Discipleship, Marriage, Family, and Couples Counseling, Ministry Leadership, Trauma-Informed Counseling, TESOL)Master of Arts in: Biblical Spiritual Formation and Discipleship, Ministry Leadership, (Ministry StudiesBiblical Preaching, Leadership, Missions, Pastoral Ministry, Ministry Entrepreneurship, Interdisciplinary), Nonprofit Administration and Leadership, [Pastoral Studies], [TESOL], [Biblical and Theological Studies], [Biblical Studies], (Clinical Mental Health Counseling -- Marriage, Family, and Couple Counseling, Trauma-Informed Counseling), Counseling PsychologyMaster of Divinity in: Biblical Preaching, Biblical Spiritual Formation and Discipleship, Interdisciplinary Studies, Ministry Leadership, Pastoral Studies, TESOL
Moody Radio is one of the oldest Christian radio and media networks in the U.S., having aired its first broadcast in 1926 in Chicago. Respected as an industry leader and a trusted voice, Moody Radio has 69 full power stations and translators, seven digital channels, a podcast network, and more than 1,500 outlets that carry its programming, reaching millions of listeners through terrestrial stations and digital platforms in both English and Spanish. Moody Radio addresses todays issues from a biblical worldview and helps listeners take the next step in their journey with Jesus Christ by creating and delivering practical and life-changing content, so that our listeners become Biblically grounded, practically trained, and able to engage the world through Gospel-centered living. For more information about Moody Radio, please visit www.moodyradio.org.
Publishing:The mission of Moody Publishers (MP) is to resource the Church's work of discipling all people. Its vision is for readers to know, love, and serve Jesus Christ. In doing so, MP provides resources for MBI to train future Christian leaders. Each year MP seeks to add approximately sixty new titles to its collection, which now includes more than 1,300 titles in print. The most successful publications are from MP authors Gary Chapman, Nancy DeMoss Wolgemuth, John MacArthur, and A. W. Tozer. Gary Chapman is the author of the #1 New York Times Bestseller "The Five Love Languages" with over eleven million copies sold. Nancy DeMoss Wolgemuth is the host and teacher for the Moody Radio daily program, Revive our Hearts. John MacArthur is pastor-teacher of Grace Community Church in California and host and teacher of Moody Radio daily program Grace to You.

Grants made by MBI

GranteeGrant descriptionAmount
Far East Broadcasting Company (FEBC)General Purposes$5,040

Who funds Moody Bible Institute (MBI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$1,193,936
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$740,100
Arnold and Marie Schwartz Fund for Education and Health ResearchUnrestricted General Purpose$190,790
...and 119 more grants received totalling $4,167,219

Personnel at MBI

NameTitleCompensation
Mark JobePresident$258,627
Mark WagnerExecutive Vice President and Chief Operating Officer$217,506
Greg R. ThorntonChief Financial Officer and Assistant Secretary$187,109
Samuel S. ChoyVice President and Chief Marketing Officer$165,620
John D. SaucedaVice President , Chief Information Officer$139,575
...and 36 more key personnel

Financials for MBI

RevenuesFYE 06/2022
Total grants, contributions, etc.$58,465,192
Program services$58,537,041
Investment income and dividends$5,052,643
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$141,240,416
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$263,295,292

Form 990s for MBI

Fiscal year endingDate received by IRSFormPDF link
2022-062022-11-14990View PDF
2020-062021-03-02990View PDF
2019-062020-01-21990View PDF
2018-062019-03-08990View PDF
2017-062018-03-14990View PDF
...and 7 more Form 990s

Organizations like MBI

OrganizationLocationRevenue
Joseph and Harvey Meyerhoff Family Charitable FundsOklahoma City, OK$77,254,883
Albion CollegeAlbion, MI$122,939,198
Taylor UniversityUpland, IN$122,251,609
Abilene Christian University (ACU)Abilene, TX$330,113,805
Wheaton CollegeWheaton, IL$231,489,050
Canisius CollegeBuffalo, NY$104,179,636
Augustana UniversitySioux Falls, SD$143,751,717
John Brown University (JBU)Siloam Springs, AR$80,358,451
St Norbert CollegeDe Pere, WI$126,135,677
Hillsdale CollegeHillsdale, MI$366,213,645
Data update history
April 19, 2024
Updated personnel
Identified 1 new personnel
February 4, 2024
Received grants
Identified 25 new grant, including a grant for $1,193,936 from National Christian Foundation / Natl Christian Charitable FDN Inc
October 26, 2023
Received grants
Identified 17 new grant, including a grant for $100,000 from The Bolick Foundation
October 13, 2023
Updated personnel
Identified 3 new personnel
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsHigher ed institutions
Issues
EducationCommunity improvementBusiness and industry
Characteristics
ReligiousChristianOperates donor advised fundsOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
820 N Lasalle Blvd
Chicago, IL 60610
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
moodybible.org/ 
Phone
(312) 329-4000
Facebook page
MoodyBibleInstitute 
Twitter profile
@moody_bible 
IRS details
EIN
36-2167792
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1887
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
Free account sign-up

Want updates when MBI has new information, or want to find more organizations like Moody Bible Institute (MBI)?

Create free Cause IQ account