Public Charity

ASBURY THEOLOGICAL SEMINARY

Based in Wilmore, KY, ASBURY THEOLOGICAL SEMINARY operates as a Public Charity. The organization reported $50.7M in revenue, $44.3M in expenses, $375.0M in total assets for fiscal year 2025. Imperigo tracks 130 reported grant relationships connected to this organization totaling approximately $15.6M.

EIN: 610445823 Wilmore, KY Graduate & Professional Schools NTEE: B50 Latest filing: 2025
Total Revenue$50.7M
Total Expenses$44.3M
Total Assets$375.0M
Grant Records130
Funding Total$15.6M
Filing Years2021–2025

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.

Where $100 goes at Asbury Theological Seminary

How Asbury Theological Seminary divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$81 Programs the work itself
$15 Management running the organization
$4 Fundraising raising the next dollar

Inside the $81 for programs

$81
Asbury Theological Seminary enrolled over 1,800 students from 45 states and 43 countries through programs on its Wilmore, KY campus, its Orlando, FL , Tampa, FL, Memphis, TN…
All program spending · Reported in the filing: 1,800 students; 43 programs; 92 churches
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Amy Wasserbauer
Trustee Andy Hurst
Trustee & Secretary Anna Jackson
Vice President & Treasurer Bryan P Blankenship
Trustee Charles Savage Ii
President David Gyertson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$9,921,218 37 grants
General Support
$4,342,162 73 grants
Human & Social Services
$237,500 4 grants
Fundraising & Sponsorship
$41,406 1 grant
Religion & Spirituality
$24,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $50.7M $44.3M $375.0M
2024 $45.3M $43.4M $363.8M
2023 $34.6M $38.8M $359.3M
2022 $77.9M $39.4M $363.5M
2021 $52.8M $37.1M $333.8M

Between 2021 and 2025, reported annual revenue declined from $52.8M to $50.7M (-4%), with total assets most recently reported at $375.0M.

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

See the full picture for ASBURY THEOLOGICAL SEMINARY

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