2025-05-15T09:57:59+00:00 2024-06-30 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-07-01 231352689 Westminster Theological Seminary WEST 2158875511 2960 W Church Road Glenside PA 19038 Peter A Lillback President 2158875511 2025-05-15 true Sara Tibbott P01486965 5055022746 2025-05-15 2023 2025-03-06 01:10:19Z Peter A Lillback 2960 W Church Road Glenside PA 19038 41695033 false X www.wts.edu X 1930 PA To form Christian leaders to proclaim the whole counsel of God throughout a changing world. 13 13 252 18 0 0 12492680 16026218 15441675 16068988 2423278 1503926 82138 31692 30439771 33630824 3727539 3824473 0 11681692 11595720 0 2877223 11307946 10720899 26717177 26141092 3722594 7489732 62146749 72198961 7480679 8593062 54666070 63605899 X The formation of men for the gospel ministry as pastors, evangelists, & teachers who shall proclaim the whole counsel of God throughout a changing world. The theological training of church officers as stewards of Christ, and the communication of biblical studies. false false 10130819 3447823 5819975 Postgraduate Academic Programs Westminster exists to train specialists in the Bible to proclaim the whole counsel of God for Christ and his global church. It is our intention to contribute to the training and spiritual formation of all of our students in the various degree programs. We currently offer programs leading to the Master of Divinity (MDiv), Master of Arts in Religion (MAR), Master of Arts in Counseling (MAC), Master of Arts in Theological Studies (MATS), Master of Theology (ThM), Doctor of Ministry (DMin), Doctor of Philosophy (PhD), and a Certificate in Christian Studies (Cert). Fall 2023 enrollment was 1,031 students with 222 in the Residential Program, 634 in Online Learning, 167 in the Korean Campus, and 8 Visiting students. With respect to Spring 2024, enrollment was 1,065 with 201 in the Residential Program, 693 in Online Learning, 168 in the Korean Campus and 3 Visiting Students. Residential Programs: Fall 2023 - 98 in MDiv, 20 in MAR, 28 in ThM, 39 in PhD, 37 in DMin; Spring 2024 - 91 in MDiv, 17 in MAR, 23 in ThM, 35 in PhD, 35 in DMin. 5439770 376650 5576366 Online Learning Online Learning provides multiple degree programs online to train leaders in ministry anywhere in the world in their local ministry contexts. In addition to Master of Arts in Counseling and a Master of Arts in Theological Studies, we have been offering the Master of Divinity (MDiv) and Master of Arts in Religion (MAR) online. In Fall 2023, we had 168 students in the MATS program, 282 in MAC, 51 in MAR, 110 in the MDiv, and 23 Certificate students. In Spring 2024, 183 in MATS, 312 in MAC, 45 in MAR, 120 in MDiv, and 33 Certificate students. 3748440 0 4432847 WTSBooks.com Westminster Bookstore is the campus bookstore for Westminster Theological Seminary. We exist to serve the Kingdom of God by serving the Westminster Theological Seminary community through the distribution of high quality, biblically faithful, Reformed books and resources. 177891 0 239800 Student Housing WTS offers limited housing for up to 17 students at our Church Road campus in Glenside: 9 male students in Machen Hall; 3 male students in SeokNam House; and 5 women students in the Church Road Gate House. In addition, WTS owns 9 condominiums at 1600 Church Road in Wyncote, Pennsylvania and can house up to 1 student of either gender plus his/her family of up to three total persons. Furnished, the condos are of particular help to international and newly married students. 61439 0 0 Upholding the Truth, LLC or "UTT" The purpose of UTT is to study, promote, and advance the truth and ethics of a biblically consistent worldview in all spheres of life and when appropriate, to do so with allied individuals, groups, and organizations that are committed to the same perspective. Representative projects include an annual conference devoted to the intersection of science and faith. 239330 239800 19558359 true true false false false false true false true true true false true true false false true true true true false true false false false false false true true false false false false false false false false true false false false true true true true false false true 979 0 true 252 true false false false false false false false false false false false false X 13 13 true false false false false false false true true false false true true true true true true true true false PA X Chun Lai 2158875511 2960 W Church Road Glenside PA 19038 John Weiser Board Chairman 5.0 X X 0 0 0 M Douglas Hart Board Vice Chairman 5.0 X X 0 0 0 Tom Conway Interim Board Treasurer (part year), Trustee 5.0 X X 0 0 0 William Langford Treasurer 5.0 X X 0 0 0 Gabriel NE Fluhrer Trustee 5.0 X 0 0 0 Gregory A Poland Trustee 5.0 X 0 0 0 Hugh Jacks Trustee (part year) 5.0 X 0 0 0 John Maynard Trustee 5.0 X 0 0 0 Juan Carlos Martinez Trustee 5.0 X 0 0 0 Larry Puls Trustee 5.0 X 0 0 0 Mark Sallade Trustee 5.0 X 0 0 0 Richard B Gaffin III Trustee 5.0 X 0 0 0 Richard Phillips Trustee 5.0 X 0 0 0 Zachary Aills Trustee 5.0 1.0 X 0 0 0 Chun Lai Chief Operating Officer 45.0 1.0 X 168101 0 29192 David Garner Chief Academic Officer 45.0 X 125827 0 91030 James Sweet VP & Dir of Special Projects 13.0 X 65277 0 5176 Jerry Timmis VP of Stewardship 45.0 1.0 X 194353 0 26548 Pau Ping Sze To Director of Finance 45.0 X 117250 0 16141 Peter Lillback President 45.0 1.0 X 154339 0 98172 Steve Carter Chief of Staff/Company Secretary 45.0 X 141488 0 11054 Andrew Schwartz Sr Director of Stewardship 45.0 X 120703 0 26487 Brandon Crowe Prof of New Testament 45.0 X 120692 0 25145 Jonathan Brack Sr Director of Enrollment 45.0 X 140990 0 30359 Nathan Shannon Assoc Dir of Global Curriculum 45.0 X 123408 0 23354 Yohan Kim Sr Director of Online Learning 45.0 X 142715 0 31161 1615143 0 413819 21 false true false Christian Counseling & Educational Foundation 1803 East Willow Grove Glenside PA 19038 Counseling Services 1021666 Ayers Saint Gross 1040 Hull Street Baltimore MD 21230 Architect & Design Services 338060 Open Book Communications 3802 Nicollet Ave Minneapolis MN 55409 Marketing Services 198821 Salesforcecom Inc PO Box 203141 3rd Floor Dallas TX 753203141 Software Services 176877 Tondro Consulting LLC 13492 Research Blvd Austin TX 78750 Software Services 161248 7 62480 15963738 2423013 16026218 Tuition and Fees 611600 10920916 10920916 WTS Bookstore 451211 4432847 4432847 Student Housing 900099 239800 239800 475425 475425 0 0 16068988 1525686 1525686 31692 31692 0 31692 31692 8042449 8028821 35388 13628 -35388 -21760 -21760 0 0 0 0 0 33630824 16068988 0 1535618 2510028 2510028 1314445 1314445 1136576 98245 665644 372687 816 553 139 124 8883310 6641874 1053566 1187870 408123 294004 51193 62926 634277 483417 106564 44296 532618 349669 94022 88927 73836 12133 61391 312 72100 72100 58620 58620 1597335 1316364 143388 137583 440775 183999 146224 110552 1106026 766539 153450 186037 949057 583567 240221 125269 318680 103329 207066 8285 721947 450797 64062 207088 249972 121525 22919 105528 22244 9448 12796 1423400 695174 533404 194822 Bookstore COGS 3228252 3228252 UTT Program Expense 61439 61439 397216 333558 18741 44917 26141092 19558359 3705510 2877223 3963955 4709665 3698791 7125777 628276 613527 0 0 0 0 113035 110265 1208244 1306920 485128 509131 34318735 17892937 13019631 16425798 24709049 24434778 3554094 5621784 0 10766546 11341316 62146749 72198961 2106215 2392439 3721246 3985319 0 0 259357 146629 803000 1503000 590861 565675 7480679 8593062 X 16275972 19731450 38390098 43874449 54666070 63605899 62146749 72198961 X 7489732 552191 897906 X false true X true true true X 9721561 14858605 18039643 12492680 16026218 71138707 0 0 9721561 14858605 18039643 12492680 16026218 71138707 10965926 60172781 346072 221869 256691 620682 1557378 3002692 0 0 0 0 0 0 0 74141399 76260811 0.8116 0.8150 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 420250 X X false 8974255 103263 814420 386632 9505306 8491291 149854 640642 307532 8974255 12184132 435045 -737546 3301370 88970 8491291 9036869 1876955 1657368 339384 47676 12184132 9349841 600 165823 425395 54000 9036869 0.0 1.0 0.0 true false 2333273 1008 2334281 14253022 5912301 8340721 11855341 8926009 2929332 5876091 3054627 2821464 16425798 Government and Agency Securities 424785 F Corporate Bonds 220782 F Private Equity Funds 2602534 F Other Investments 469280 F Non-leveled investments 1904403 F 5621784 Interest in beneficial trust 11341316 11341316 Annuities Payable 466842 Post Employment Benefits 98833 565675 Schedule D, Part III, Line 4 Collections of art - description of collections Rare book editions, acquired chiefly by gift, are not held for display. They are kept in secured, humidity controlled rooms in the library and are utilized primarily for scholarly research. The historic Torah scroll was acquired by gift in order to be preserved for future generations and used by faculty and students in their scholarly research. Schedule D, Part V, Line 4 Intended uses of endowment funds The Seminary's endowment is utilized to fund operations. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The Seminary is the recipient of U.S. Department of Education - Student Financial Aid Cluster loan program funds. true East Asia and the Pacific 2 15 Program Services Online program, translating and producing course materials 883697 East Asia and the Pacific 0 0 Grantmaking 827299 North America (Canada & Mexico only) 0 0 Grantmaking 275547 Middle East and North Africa 0 4 Program Services In-person theological training courses 108181 Europe (Including Iceland and Greenland) 0 0 Grantmaking 93267 Sub-Saharan Africa 0 0 Grantmaking 60552 Central America and the Caribbean 0 14 Program Services Course development phase - translating and producing course materials 58943 South America 0 0 Grantmaking 53780 Middle East and North Africa 0 0 Grantmaking 1950 Central America and the Caribbean 0 0 Grantmaking 1400 South Asia 0 0 Grantmaking 650 2 33 0 0 2 33 2365266 0 2365266 Scholarships East Asia and the Pacific 161 827299 Applied to student accounts Scholarships North America (Canada & Mexico only) 14 275547 Applied to student accounts Scholarships Europe (Including Iceland and Greenland) 8 93267 Applied to student accounts Scholarships Sub-Saharan Africa 3 60552 Applied to student accounts Scholarships South America 4 53780 Applied to student accounts Scholarships Middle East and North Africa 1 1950 Applied to student accounts Scholarships Central America and the Caribbean 1 1400 Applied to student accounts Scholarships South Asia 1 650 Applied to student accounts false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds Similar to individuals within the US, budgeted amounts are awarded to eligible students who apply for financial aid (selected by committee or using packaging rules). Awarded students are checked to ensure that they are still eligible to receive these funds during the course of the academic year. The scholarships are applied directly to each student's account. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part III Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN -Accrual EAST ASIA AND THE PACIFIC -Accrual EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual MIDDLE EAST AND NORTH AFRICA -Accrual NORTH AMERICA (CANADA & MEXICO ONLY) -Accrual SOUTH AMERICA -Accrual SOUTH ASIA -Accrual SUB-SAHARAN AFRICA -Accrual true Scholarships 244 2510028 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Budgeted amounts are awarded to eligible students who apply for financial aid (selected by committee or using packaging rules). Awarded students are checked to ensure that they are still eligible to receive these funds during the course of the academic year. The scholarships are applied directly to each student's account. X X true true X X false false false false false false false true false Peter Lillback President 117464 0 25000 0 11875 0 13359 0 84813 0 252511 0 0 0 Jerry Timmis VP of Stewardship 144937 0 48223 0 1193 0 12119 0 14429 0 220901 0 0 0 David Garner Chief Academic Officer 98874 0 25250 0 1703 0 23216 0 67814 0 216857 0 0 0 Chun Lai Chief Operating Officer 144188 0 23428 0 485 0 10369 0 18823 0 197293 0 0 0 Steve Carter Chief of Staff/Company Secretary 124644 0 9289 0 7555 0 8750 0 2304 0 152542 0 0 0 Yohan Kim Sr Director of Online Learning 122511 0 20000 0 204 0 10500 0 20661 0 173876 0 0 0 Jonathan Brack Sr Director of Enrollment 127835 0 12651 0 504 0 9975 0 20384 0 171349 0 0 0 Schedule J, Part I, Line 1a Discretionary spending account President Peter Lillback has a discretionary account used for projects not anticipated during budgeting. These funds are used solely for Seminary initiatives and documentation to support business use of the funds is provided according to the accountable plan rules. Schedule J, Part I, Line 1a Housing allowance or residence for personal use Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. Peter Lillback, President, and David Garner, Chief Academic Officer met the qualifications for and received a ministerial housing allowance during the tax year. Schedule J, Part I, Line 7 Non-fixed payments The board approved nonfixed payments made in the form of discretionary bonuses. X 7 67940 Selling cost X 1 2333273 Opinions of experts X Pulpit 1 21800 Cost 0 false true true Schedule M, Part I The number of contributions represent the number of contributions received, not the number of items donated. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions With respect to the farm real estate that was given to WTS for the purpose of sale at earliest possibility so that sale proceeds can be used toward the building project, a real estate broker was appointed to solicit and sell the farm. Form 990, Part III, Line 4d Description of other program services (Expenses $ 177,891 including grants of $ 0)(Revenue $ 239,800) Student Housing WTS offers limited housing for up to 17 students at our Church Road campus in Glenside: 9 male students in Machen Hall; 3 male students in SeokNam House; and 5 women students in the Church Road Gate House. In addition, WTS owns 9 condominiums at 1600 Church Road in Wyncote, Pennsylvania and can house up to 1 student of either gender plus his/her family of up to three total persons. Furnished, the condos are of particular help to international and newly married students. Form 990, Part III, Line 4d Description of other program services (Expenses $ 61,439 including grants of $ 0)(Revenue $ 0) Upholding the Truth, LLC or "UTT" The purpose of UTT is to study, promote, and advance the truth and ethics of a biblically consistent worldview in all spheres of life and when appropriate, to do so with allied individuals, groups, and organizations that are committed to the same perspective. Representative projects include an annual conference devoted to the intersection of science and faith. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee is comprised of the Chairman, Vice Chairman and one to three at-large trustees who shall be nominated by the Governance Committee and elected annually at the time of the election of officers. The President and whichever members of his Senior Administration he deems appropriate shall attend all meetings of the Executive Committee. All Board members may attend and participate in the meetings of the Executive Committee, but only members of the Executive Committee have the right to vote during such meetings. The Executive Committee shall have the authority to take formal action on behalf of the Board on matters that cannot reasonably wait until the next full Board meeting. The full Board may rescind or amend any action of the Executive Committee by a majority of the members present and voting. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Larry Puls and John Maynard - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an independent CPA firm. The Director of Finance reviews in detail and approves the 990. It is then sent to the Chief Operating Officer for top-level review. A draft copy of the Form 990 was provided to the Audit Committee and then a final copy was provided to every member of the organization's governing body before it was filed with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Board members and officers annually sign conflict of interest policy disclosures. The signed statements disclosing any conflicts are reviewed by the Governance Committee of the Board of Trustees for determination of appropriate actions. Should any potential conflicts of interest be disclosed, the board member or officer is asked to refrain from participation in any decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official The independent members of the Board determine the President's salary. Comparability data is used, and the approval process is documented. Form 990, Part VI, Line 15b Process to establish compensation of other employees The compensation for other officers is approved by the President. Comparability data is used, and the approval process is documented. Form 990, Part VI, Line 19 Required documents available to the public The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. Form 990, Part VII, Section A, Line 1a Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Form 990, Part VIII, Line 2f Other Program Service Revenue Other program revenue - Total Revenue: 475425, Related or Exempt Function Revenue: 475425, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in value of beneficial interest in trust - 574770; Change in value of annuities - -49197; Distribution from beneficial interest in perpetual trusts - 372333; Upholding the Truth LLC 2960 W Church Road Glenside PA 19038 383812745 To address cultural issues in a Biblical fashion PA 48100 151874 Westminster Theological Seminary The Ethics of Profits LLC 2960 W Church Road Glenside PA 19038 Study & disseminate scholarly research on the ethical nature of capitalism PA 0 0 Upholding the Truth LLC Westminster Seminary Press LLC 2960 W Church Road Glenside PA 19038 Publication of new and classic Reformed Christian books PA 395047 310583 Westminster Theological Seminary Westminster Bookstore 2960 W Church Road Glenside PA 19038 842028619 Marketing and distributing Christian literature PA 4631446 1144130 Westminster Theological Seminary Westminster Educational Foundation Inc Willow Grove Ave Church Rd Philadelphia PA 19118 232565132 To support the Westminster Theological Seminary PA 501(c)(3) Type I Westminster Theological Seminary true Charitable Remainder Unitrust (2) Charitable Remainder Unitrust PA WTS Trust true false false true false false false false false false false false false false true true false false false false Westminster Educational Foundation Inc C 62480 Book Value