Public Charity

Free Lutheran Theological Seminary

Free Lutheran Theological Seminary is a Public Charity headquartered in Minneapolis, MN. Financial data from the 2024 filing: $6.0M revenue, $5.9M expenses, $17.1M total assets. 6 publicly reported grants to this organization, totaling roughly $97K, appear in IRS filings.

EIN: 200052373 Minneapolis, MN Latest filing: 2024
Total Revenue$6.0M
Total Expenses$5.9M
Total Assets$17.1M
Grant Records6
Funding Total$97K
Filing Years2020–2024

Mission

The organization operates the Free Lutheran Bible College (FLBC) and the Free Lutheran Seminary (FLS) to provide a faith based education.

Sample Grants Received

2024
For grant recipient's exempt purposes
$8,000
2023
For grant recipient's exempt purposes
$10,000
2020
For grant recipient's exempt purposes
$52,000
2020
IN FURTHERANCE OF FOUNDATION'S PURPOSES
$1,000
2019
EDUCATION
$15,955

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

VP - Dean of Bible College Adam Osier
Director Alan Arneson
Director Gary Erickson
Chief Academic OffDean of Se James Molstre
Vice President of Operations Larry Myhrer
Secretary Nathan Dalager

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$70,000 3 grants
EDUCATION
$15,955 1 grant
OUR INTENTION IS FOR THIS DONATION GRANT BE GIVEN FOR THE "CENTURY FUND" OF THE FREE LUTHERAN BIBLE COLLEGE AND SEMINARY.
$10,000 1 grant
IN FURTHERANCE OF FOUNDATION'S PURPOSES
$1,000 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $3.7M $3.8M $11.4M

Between 2020 and 2024, reported annual revenue grew from $3.7M to $6.0M (+63%), with total assets most recently reported at $17.1M.

Interactive year-over-year charts and full filing details available with membership.

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