EIN 73-1303821

Phillips Theological Seminary

IRS 501(c) type
501(c)(3)
Num. employees
69
City
Year formed
1987
Most recent tax filings
2022-06-01
Description
Phillips Theological Seminary teaches individuals and communities to be attentive to God, responsible interpreters of the Bible and theology, and faithful partners with God in transforming the world. It offers theological education that cultivates vital communities, conversations, and the public good. Programs of study include master's degrees in divinity, ministry, and theological studies, as well as doctorate degrees.
Total revenues
$11,053,065
2022
Total expenses
$7,114,122
2022
Total assets
$140,655,779
2022
Num. employees
69
2022

Program areas at Phillips Theological Seminary

Phillips Theological Seminary offers Theological education dedicated to learning the way of jesus in order to cultivate vital communities, vital conversations, and the public good. Programs of study offered at Phillips Theological Seminary include master of divinity, master of arts (social justice), master in Theological studies, master of arts in ministry and culture, doctor of ministry, and diploma in graduate Theological studies. In 2019 Phillips took over a disciples of christ commissioned/lay ministry training program, which offers online courses in the 16 core competencies for the disciples of christ denomination. In addition, Phillips Theological Seminary provided the public with varied educational programs, including continuing education for ministers and laity study programs. The Seminary's remind & renew program for fiscal year 2022 focused on "transforming justice." During fiscal year 2022, Phillips Theological Seminary provided educational services to about 135 students plus another 125+ students in the center for ministry and lay training program. Several students completed their chosen program of study by receiving a certificate, diploma, master's degree, or doctoral degree.

Who funds Phillips Theological Seminary

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Tycc FoundationEndowment Fund$6,334,205
Cadieux Phillips Seminary Maintenance TrustOperating Expenses$970,000
The Meinders FoundationOperational Support$5,000
...and 1 more grant received
Federal funding details
Federal agencyProgram nameAmount
Department of EducationSTUDENT FINANCIAL AID: FEDERAL DIRECT STUDENT LOANS (DIRECT LOANS)$597,162

Personnel at Phillips Theological Seminary

NameTitleCompensation
Karen McMillanVice President of Finance and Adminstration$124,853
Terry EwingVice President of Advancement
Gary Peluso-VerdendDirector of the Center for Religion in Public Life$130,034
Kurt GwartneySenior Director of Communications
Zach MussettInstitutional Technology Director
...and 16 more key personnel

Financials for Phillips Theological Seminary

RevenuesFYE 06/2022
Total grants, contributions, etc.$4,941,184
Program services$796,697
Investment income and dividends$2,050,869
Tax-exempt bond proceeds$0
Royalty revenue$21,806
Net rental income$0
Net gain from sale of non-inventory assets$3,178,124
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$64,385
Total revenues$11,053,065

Form 990s for Phillips Theological Seminary

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-10990View PDF
2020-062021-04-15990View PDF
2019-062020-08-27990View PDF
2018-062019-05-14990View PDF
2017-062018-11-15990View PDF
...and 8 more Form 990s

Organizations like Phillips Theological Seminary

OrganizationLocationRevenue
Trinity Christian CollegePalos Heights, IL$44,309,419
Wisconsin Lutheran College (WLC)Milwaukee, WI$52,389,376
Wilmington CollegeWilmington, OH$36,397,348
Bethany Lutheran College & Seminary (BLC)Mankato, MN$36,614,308
Northwest UniversityKirkland, WA$53,966,388
College of Our Lady of the ElmsChicopee, MA$46,446,695
Kuyper CollegeGrand Rapids, MI$6,841,093
Hilbert CollegeHamburg, NY$25,027,344
Brevard College CorporationBrevard, NC$40,087,405
Covenant CollegeLookout Mountain, GA$54,082,557
Data update history
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 26, 2023
Used new vendors
Identified 1 new vendor, including
May 10, 2023
Received grants
Identified 2 new grant, including a grant for $7,000 from Wabash College
January 24, 2023
Updated personnel
Identified 12 new personnel
January 7, 2022
Updated personnel
Identified 3 new personnel
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousOperates internationallyReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
901 N Mingo Rd
Tulsa, OK 74116
Metro area
Tulsa, OK
County
Tulsa County, OK
Website URL
ptstulsa.edu/ 
Phone
(918) 610-8303
Facebook page
PhillipsSeminary 
Twitter profile
@phillipstheosem 
IRS details
EIN
73-1303821
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1987
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
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