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Federal ID# 410747165

Bethany Lutheran College Inc.

    • Bethany Lutheran Seminary

General Information

Organization Type TRUST
Contact Person Daniel L. Mundahl
Address 700 Luther Drive, Mankato, MN 56001-6163
Phone Number (507) 344-7000
Purpose or Description EDUCATIONAL INSTITUTIONAL; PROVIDE THE FIRST TWO YEARS OF LIBERAL ARTS EDUCATION.
Status Active
Extension Granted

Financial Information

For Fiscal Year Ending 6/30/2023

INCOME
Direct Public Support$7,435,413
Government Grants+ $0
Other Revenue+ $26,436,358
Total Revenue$33,871,771
EXPENSES
Amount Spent for Program or Charitable Purposes$29,695,996
Management/General Expense+ $2,513,822
Fundraising Expense+ $983,313
Total Expenses$33,193,131

Excess/Deficit
Total Revenue$33,871,771
Total Expenses- $33,193,131
Excess/Deficit$678,640
End of Year Fund Bal/Net Worth
Total Assets$113,032,695
Total Liabilities- $24,699,722
End of Year Fund Bal/Net Worth$88,332,973

Financial Information for Prior Years

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