Skip to main content
Filing year 2023

INSTITUTE OF LUTHERAN THEOLOGY

Brookings, South Dakota·EIN 26-1251815·NTEE X20 · Religion-Related·501(c)(3)
Total revenue
$1.7M
Total assets
$3.1M
Total expenses
$1.9M
Reported officers
16
Mission

TO EDUCATE AND PREPARE ORDAINED AND LAY LUTHERAN LEADERS, FOLLOWERS OF JESUS CHRIST, FOR EVANGELICAL VOCATIONS SO THAT THEY MAY WALK IN THE WAY OF JESUS CHRIST, KNOW THE TRUTH WHICH IS JESUS CHRIST, AND WITNESS THEIR RESURRECTED LIFE IN CHRIST FOR ALL TO SEE.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Exec Vice PR
Officer (Unspecified)
$88k
$97k
President
25th percentile to median
$53k
$58k

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 14 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INSTITUTE OF LUTHERAN THEOLOGY equaled 5% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2023)
5%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related 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 $88k in 2022 to $88k in 2023.

$88k
2022
$88k
2023
In today's dollarsEst.
Down 4% in real terms$101k to $97k

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 fell 5%.

$53k in 2022 to $53k in 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 INSTITUTE OF LUTHERAN THEOLOGY

What does the Chief Executive Officer of INSTITUTE OF LUTHERAN THEOLOGY earn?

In 2023, the Chief Executive Officer of INSTITUTE OF LUTHERAN THEOLOGY received $52,532 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Religion-Related organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INSTITUTE OF LUTHERAN THEOLOGY compare with similar nonprofits?

Compared with the same role at Religion-Related organizations nationwide, the 2023 pay of the Chief Executive Officer at INSTITUTE OF LUTHERAN THEOLOGY falls between the 25th percentile and the median. In 2023, the highest total compensation at INSTITUTE OF LUTHERAN THEOLOGY equaled 5% of the organization's total expenses. The median for religion-related organizations is 18%.

What are INSTITUTE OF LUTHERAN THEOLOGY's revenue and expenses?

In 2023, INSTITUTE OF LUTHERAN THEOLOGY reported $1.7M in total revenue and $1.9M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.