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Filing year 2023

ASBURY THEOLOGICAL SEMINARY

Wilmore, Kentucky·EIN 61-0445823·NTEE B500 · Education·501(c)(3)
Total revenue
$45.3M
Total assets
$363.8M
Total expenses
$43.4M
Reported officers
35
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President
75th to 90th percentilevs Education peers in Kentucky
$394k
$430k
Base
$325k
Bonus
$50k
Other
$20k
Benefits
$10k
Vice President
Board Vice President
Median to 75th percentile
$210k
$229k
Base
$198k
Bonus
$12k
Other
Benefits
$11k
Vice President
Median to 75th percentile
$183k
$200k
Base
$158k
Bonus
$12k
Other
$13k
Benefits
$10k
Vice President & Treasurer
Vice President
Median to 75th percentile
$165k
$180k
Base
$153k
Bonus
$12k
Other
$200
Benefits
$15k
Vice President
Board Vice President
25th percentile to median
$161k
$176k
Base
$159k
Bonus
$2k
Other
Benefits
$3k
Vice President
Board Vice President
25th percentile to median
$149k
$163k
Base
$135k
Bonus
$12k
Other
$2k
Benefits
$3k
Vice President
Board Vice President
25th percentile to median
$141k
$154k
Base
$116k
Bonus
$12k
Other
$12k
Benefits
$9k
Faculty
Highest Compensated Employee
10th to 25th percentile
$131k
$143k
Base
$92k
Bonus
$3k
Other
$36k
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 27 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ASBURY THEOLOGICAL SEMINARY equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.9%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 25%
from 2022

From $314k in 2022 to $394k in 2023.

$314k
2022
$394k
2023
In today's dollarsEst.
Up 20% in real terms$358k to $430k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 25% from 2022 to 2023, while revenue rose 31%.

$314k in 2022 to $394k in 2023.
  • Board Vice President pay rose 8% from 2022 to 2023.
  • Vice President pay rose 19% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ASBURY THEOLOGICAL SEMINARY

What does the Chief Executive Officer of ASBURY THEOLOGICAL SEMINARY earn?

In 2023, the Chief Executive Officer of ASBURY THEOLOGICAL SEMINARY received $394,193 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Kentucky, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ASBURY THEOLOGICAL SEMINARY compare with similar nonprofits?

Compared with the same role at Education organizations in Kentucky, the 2023 pay of the Chief Executive Officer at ASBURY THEOLOGICAL SEMINARY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ASBURY THEOLOGICAL SEMINARY equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

What are ASBURY THEOLOGICAL SEMINARY's revenue and expenses?

In 2023, ASBURY THEOLOGICAL SEMINARY reported $45.3M in total revenue and $43.4M in total expenses on its IRS Form 990.

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