NonprofitsThe Masters University And Seminary

Education

The Masters University And Seminary

SANTA CLARITA, CA

Total revenue

$85.1M

Total expenses

$75.5M

Net assets

$118.5M

Grants received

$4.5M

68 grants

EIN

956001907

Tax year

2022

Mission

Christian liberal arts college and theological seminary existing to advance the Kingdom of the Lord

Programs

1 program

Auxiliary enterprises such as operation of dormitory facilities, food service operations, and student bookstore.

Expenses: $14.1M

Financials

FY 2022

Revenue

Contributions & grants$21.8M
Program service revenue$62.5M
Investment income$923K
Other revenue
Total revenue$85.1M

Expenses

Grants paid$19.2M
Salaries & benefits$31.5M
Fundraising$3.0M
Other expenses$24.9M
Total expenses$75.5M
Total assets$166.7M
Net assets$118.5M

People

27 listed

NameRoleCompensation

Abner Chou PresidentMacArthur

Endowed Chair of Biblical Studies

Board

$153K

40 hrs/wk

Todd Kostjuk

CFO & VP of Administration

Board

$134K

40 hrs/wk

John MacArthur

Board Member & Chancellor

Board

$33K

3 hrs/wk

Jonathan Rourke

Vice Chair

Board

$31K

5 hrs/wk

Scott Ardavanis

Board Member & Faculty

Board

$8K

3 hrs/wk

Mark Tatlock

Secretary & Faculty

Board

$7K

5 hrs/wk

David Wismer

Board Member (part year)

Board

1 hrs/wk

Bryan Hughes

Board Member

Board

1 hrs/wk

Luis Contreras

Board Member

Board

1 hrs/wk

David van Wingerden

Treasurer

Board

2 hrs/wk

Jesse Johnson

Board Member

Board

1 hrs/wk

Brad Armstrong

Chair

Board

5 hrs/wk

George Lawson

Board Member

Board

1 hrs/wk

Felix Martin del Campo

Board Member

Board

1 hrs/wk

Matthew Sakiestewa Gilbert

Board Member

Board

1 hrs/wk

George Sanders

Board Member

Board

1 hrs/wk

Rod Shackelford

Board Member

Board

1 hrs/wk

Robert Provost

Board Member (part year)

Board

1 hrs/wk

Lucas Cherry

University VP of Development

Staff

$230K

40 hrs/wk

Thomas Hopewell

Provost and Dean of Online

Staff

$155K

40 hrs/wk

Corey Williams

Seminary Chief Communications Officer

Staff

$153K

40 hrs/wk

Ryan Zamroz

University Sr Dir. of Development

Staff

$151K

40 hrs/wk

John Russell

Controller

Staff

$142K

40 hrs/wk

Thomas Halstead University

Dean, School of Biblical Studies

Staff

$114K

40 hrs/wk

Jade Greenfield

Chief Development Officer

Staff

$112K

40 hrs/wk

Dariu Dumitru

Chief Enrollment & Marketing

Staff

$103K

40 hrs/wk

Paul Twiss

Seminary Instructor

Staff

$88K

40 hrs/wk

Independent contractors

Bon Appetit Management Company

Food Service

$2.4M

BJ Development & Construction

Construction

$1.4M

EBM Inc

Janitorial

$422K

WeKreative Design Group

Marketing

$377K

Faithlife

Software Licenses

$318K

Grants received

Showing 68 of 68

FromAmountPurposeYear
$349K
GENERAL SUPPORT
2024
$77K
COLLEGES AND UNIVERSITIES
2024
$15K
EDUCATION
2024
$8K
General Support
2024
$6K
SCHOLARSHIP
2024
$1K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$233K
For grant recipient's exempt purposes
2023
$131K
GENERAL OPERATING
2023
$60K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$24K
CHARITABLE DONATION
2023
$18K
GENERAL SUPPORT
2023
$12K
GENERAL OPERATING
2023
$10K
SCHOLARSHIPS
2023
$7K
RELIGIOUS MINISTRY
2023
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$6K
General Support
2023
$5K
EDUCATION
2023
$2K
MATCHING GIFTS
2023
$1K
GENERAL SUPPORT
2023
$120K
For grant recipient's exempt purposes
2022
$55K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$39K
CHARITABLE DONATION
2022
$13K
GENERAL SUPPORT
2022
$10K
EDUCATION
2022
$5K
EDUCATION
2022
$5K
EDUCATION
2022
$515
GENERAL SUPPORT
2022
$286K
For grant recipient's exempt purposes
2021
$286K
For grant recipient's exempt purposes
2021
$58K
For recipient's exempt purpose
2021
$21K
CHARITABLE DONATION
2021
$11K
CHARITABLE DONATION
2021
$6K
ADVISED - FOR GENERAL OPERATING SUPPORT.
2021
$5K
EDUCATION
2021
$250
GENERAL SUPPORT
2021
$346K
For grant recipient's exempt purposes
2020
$15K
CHARITABLE DONATION
2020
$10K
GENERAL SUPPORT
2020
$8K
General Support
2020
$7K
CHARITABLE DONATION
2020
$263K
For grant recipient's exempt purposes
2019
$15K
COLLEGES AND UNIVERSITIES
2019
$10K
GENERAL SUPPORT
2019
$113K
GENERAL SUPPORT
2018
$95K
For grant recipient's exempt purposes
2018
$30K
GENERAL SUPPORT
2018
$24K
EDUCATION
2018
$119K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$4.5M from 25 funders · 68 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$1.7M · 8 grants · 2017–2023

Natl Christian Charitable Fdn Inc

$739K · 4 grants · 2022–2024

Donor Advised Charitable Giving Inc

$660K · 6 grants · 2018–2023

Family Giving Foundation Inc

$349K · 1 grant · 2024

Christian Community Foundation Inc

$193K · 6 grants · 2018–2023

Vanguard Charitable Endowment Program

$173K · 3 grants · 2021–2023

The Ayco Charitable Foundation

$140K · 4 grants · 2019–2023

American Online Giving Foundation Inc

$138K · 6 grants · 2019–2024

Details

EIN956001907
NTEE codeB42
Subsection03
Ruling date1963-06
Formed1927
Employees1262
Volunteers50
THE MASTERS UNIVERSITY AND SEMINARY — Mission, Financials & Grants Received | Grantivo