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Filing year 2023

INDIANAPOLIS THEOLOGICAL SEMINARY

Indianapolis, Indiana·EIN 47-5669999·NTEE B28 · Education·501(c)(3)
Total revenue
$1M
Total assets
$905k
Total expenses
$967k
Reported officers
21
Mission

INDIANAPOLIS THEOLOGICAL SEMINARY EXISTS TO SEE A FULLY ACCREDITED THEOLOGICALLY REFORMED MDIV PROGRAM IN CENTRAL INDIANA THAT INTEGRATES LEADERSHIP TRAINING IN LOCAL CHURCHES WITH ROBUST ACADEMIC INSTRUCTION FOR THE SAKE OF DEVELOPING THE NEXT GENERATION OF THEOLOGIAN LEADERS TO THE GLORY OF GOD.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

President
Median to 75th percentile
$128k
$142k
Academic Dean
Board Member
75th to 90th percentile
$88k
$97k
Director of Development
10th to 25th percentilevs Education peers nationwide
$79k
$87k
Director of Operations
10th to 25th percentilevs Education peers nationwide
$68k
$75k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 17 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INDIANAPOLIS THEOLOGICAL SEMINARY equaled 13% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
13%
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.

Held steady
from 2022

From $129k in 2022 to $128k in 2023.

$129k
2022
$128k
2023
In today's dollarsEst.
Down 4% in real terms$148k to $142k

Estimated with BLS CPI-U for the Midwest 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 held roughly steady from 2022 to 2023, while revenue rose 36%.

$129k in 2022 to $128k in 2023.
  • Board Member pay rose 93% from 2022 to 2023.
  • Chief Development Officer pay rose 25% 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 INDIANAPOLIS THEOLOGICAL SEMINARY

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

In 2023, the Chief Executive Officer of INDIANAPOLIS THEOLOGICAL SEMINARY received $128,425 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Indiana, within the top half of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Indiana, the 2023 pay of the Chief Executive Officer at INDIANAPOLIS THEOLOGICAL SEMINARY falls between the median and the 75th percentile. In 2023, the highest total compensation at INDIANAPOLIS THEOLOGICAL SEMINARY equaled 13% of the organization's total expenses. The median for education organizations is 7%.

What are INDIANAPOLIS THEOLOGICAL SEMINARY's revenue and expenses?

In 2023, INDIANAPOLIS THEOLOGICAL SEMINARY reported $1M in total revenue and $967k in total expenses on its IRS Form 990.

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