PHILLIPS THEOLOGICAL SEMINARY CORPORATION

PHILLIPS THEOLOGICAL SEMINARY CORPORATION

TULSA, OK, US
501(c)(3)
EIN
73-1303821
School

PHILLIPS THEOLOGICAL SEMINARY CORPORATION

TULSA, OK, US
501(c)(3)
EIN
73-1303821
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$8,408,706

Other
63%
Contributions
27%
Program Services
7%
Investments
3%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$8,181,017

Salaries & Benefits
62%
Other
15%
Depreciation
10%
Offices, Occupancy & IT
6%
Grants
5%
Advertising & Promotion
1%
Fees to Service Providers
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,908,810
$2,297,837
+20%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$696,786
$570,238
-18%
Membership Dues
$0
$0
-
Investments
$1,424,782
$276,833
-81%
Other
$3,896,285
$5,263,798
+35%
Total Revenues
$7,926,663
$8,408,706
+6%
Expenses
2023
2024
Change
Grants
$482,525
$396,795
-18%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,822,080
$5,088,118
+6%
Fees to Service Providers
$95,143
$77,894
-18%
Advertising & Promotion
$110,489
$111,203
+1%
Offices, Occupancy & IT
$488,150
$511,818
+5%
Interest
$0
$0
-
Depreciation
$775,814
$792,358
+2%
Other
$1,351,512
$1,202,831
-11%
Total Expenses
$8,125,713
$8,181,017
+1%
Net income
2023
2024
Change
Net income
-$199,050
+$227,689
-214%
Functional Expenses
Summary
2023
2024
Change
Program
$5,415,268
$5,705,731
+5%
Admin
$1,993,772
$1,741,468
-13%
Fundraising
$716,673
$733,818
+2%
Total Expenses
$8,125,713
$8,181,017
+1%
Income Statement
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