Mission
The organization operates the Free Lutheran Bible College (FLBC) and the Free Lutheran Seminary (FLS) to provide a faith based education.
Public Charity
Free Lutheran Theological Seminary
Free Lutheran Theological Seminary is a Public Charity headquartered in Minneapolis, MN. Financial data from the 2025 filing: $5.4M revenue, $5.6M expenses, $16.6M total assets. 6 publicly reported grants to this organization, totaling roughly $97K, appear in IRS filings.
EIN: 200052373
Minneapolis, MN
Graduate & Professional Schools
NTEE: B50
Latest filing: 2025
Total Revenue$5.4M
Total Expenses$5.6M
Total Assets$16.6M
Grant Records6
Funding Total$97K
Filing Years2021–2025
Sample Grants Received
For grant recipient's exempt purposes
$8,000
For grant recipient's exempt purposes
$10,000
For grant recipient's exempt purposes
$52,000
IN FURTHERANCE OF FOUNDATION'S PURPOSES
$1,000
EDUCATION
$15,955
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
Director
Alan Arneson
Director
Erl Langness
Director
Gary Erickson
Chief Academic OffDean of Seminary
James Molstre
Vice President of Operations
Larry Myhrer
Secretary
Nathan Dalager
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.4M | $5.6M | $16.6M |
| 2024 | $6.0M | $5.9M | $17.1M |
| 2023 | $5.3M | $5.2M | $17.0M |
| 2022 | $4.8M | $4.3M | $17.1M |
| 2021 | $4.6M | $3.9M | $16.6M |
Between 2021 and 2025, reported annual revenue grew from $4.6M to $5.4M (+17%), with total assets most recently reported at $16.6M.
Interactive year-over-year charts and full filing details available with membership.