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Kentucky · Nonprofit

BSK THEOLOGICAL SEMINARY INC

BSK THEOLOGICAL SEMINARY INC (Kentucky) receives grants from 17 organizations whose IRS filings report $9,142,055 to it, the largest being LILLY ENDOWMENT INC ($8,098,725). 10 of them have funded it in more than one year.

Revenue FY2025
$966k
Funders on record
17
Grants received
$9.1M
Net assets
$2.0M
10/17 repeat funderspeak grant-dependency 62%
01What it does

What Bsk Theological Seminary Inc does

Mission

The baptist seminary of kentucky provides christian theological education committed to spiritual depth, intellectual honesty and moral integrity.

As stated on its FY2025 Form 990.

Program

  1. Educational training provided for students enrolled in master of divinity program.fall enrollment 50 students spring enrollment 46 students

    $955,793 spentof which $72,158 as grants$171,670 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $955,793.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($819k) Expenses 100 ($833k) Net assets 100 ($2.1M)2018 Revenue 133 ($1.1M) Expenses 113 ($939k) Net assets 107 ($2.3M)2019 Revenue 111 ($906k) Expenses 115 ($956k) Net assets 105 ($2.2M)2020 Revenue 154 ($1.3M) Expenses 126 ($1.0M) Net assets 120 ($2.5M)2021 Revenue 152 ($1.2M) Expenses 139 ($1.2M) Net assets 135 ($2.8M)2022 Revenue 242 ($2.0M) Expenses 145 ($1.2M) Net assets 149 ($3.1M)2023 Revenue 101 ($829k) Expenses 157 ($1.3M) Net assets 127 ($2.7M)2024 Revenue 121 ($988k) Expenses 159 ($1.3M) Net assets 115 ($2.4M)2025 Revenue 118 ($966k) Expenses 164 ($1.4M) Net assets 94 ($2.0M)
'17'18'19'20'21'22'23'24'25
Revenue (118)Expenses (164)Net assets (94)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $3.0M to $2.5M (−16%).

$2.2M
$2.5M
$2.5M
$2.9M
$3.3M
$3.6M
$3.2M
$3.0M
$2.5M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 9%. Grants only. Government contracts and fees sit inside program revenue.

73% of BSK THEOLOGICAL SEMINARY INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$14k
’17
$149k
’18
−$51k
’19
$217k
’20
$92k
’21
$776k
’22
−$477k
’23
−$340k
’24
−$399k
’25
5.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Ken Hall

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed121316161616171717
Joined·+2+11+5+0+2+3+0+0
No longer listed·18502200
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $16k → $20k.

6 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BSK THEOLOGICAL SEMINARY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BSK THEOLOGICAL SEMINARY INC leans on a few funders — its largest provides 89% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

89%
largest funder
98%
top three
~1
effective funders

Largest funder’s share by year: 2017 94% · 2018 100% · 2019 45% · 2020 84% · 2021 45% · 2022 82% · 2023 36% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

43% of BSK THEOLOGICAL SEMINARY INC's funders are still giving 3 years after their first grant; 59% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

BSK THEOLOGICAL SEMINARY INC draws 99% of its grant income from funders outside Kentucky, across 5 states in all.

MI
IN
MO
KY
TX

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $218k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BSK THEOLOGICAL SEMINARY INC's funding base is broadening — from 2 funders to 5 as grant income climbed.

Operating margin−41% · bottom quartile
Months of reserve5.4mo · below the median
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like BSK THEOLOGICAL SEMINARY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 18%Fundraising 8%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

KY

Screen this organization

A dated, signed PDF of the compliance screen for BSK THEOLOGICAL SEMINARY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BSK THEOLOGICAL SEMINARY INC?
BSK THEOLOGICAL SEMINARY INC (Kentucky) receives grants from 17 organizations whose IRS filings report $9,142,055 to it, the largest being LILLY ENDOWMENT INC ($8,098,725). 10 of them have funded it in more than one year.
How many funders does BSK THEOLOGICAL SEMINARY INC have?
IRS filings report 17 organizations giving $9,142,055 in grants to BSK THEOLOGICAL SEMINARY INC, 10 of which have funded it in more than one year.
Who is the largest funder of BSK THEOLOGICAL SEMINARY INC?
LILLY ENDOWMENT INC is the largest funder on record, with $8,098,725 in grants. The full list of funders is on this page.
How can an organization like BSK THEOLOGICAL SEMINARY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Bsk Theological Seminary →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing