50
Institute Of Lutheran Theology
Religion · Brookings, South Dakota
Po Box 833, Brookings, SD 57006-0833
EIN: 261251815· Founded: May 2008· 18 years active· Filing Year: 2023
Annual Revenue
$1.8M
Total Expenses
$1.7M
Total Assets
$3.3M
Program Spending
32%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$141K
8.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$742K
Total Payroll
$883K
52% of total expenses
Where the Money Goes
32%
Programs: 32%
Payroll: 52%
Other overhead: 68%
Program Revenue$548K (31%)
Total Expenses$1.7M (96%)
Payroll$883K (52%)
Overhead (non-program)68%
Trust Score Breakdown
Program Spending Ratio
32% of expenses go to programs
Revenue & Stability
$1.8M annual revenue
Executive Compensation
$141K total officer comp (8.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$3.3M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.