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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 None

Financial Information

For Fiscal Year Ending 6/30/2024

INCOME
Direct Public Support$7,259,824
Government Grants+ $507,728
Other Revenue+ $29,305,138
Total Revenue$37,072,690
EXPENSES
Amount Spent for Program or Charitable Purposes$31,941,761
Management/General Expense+ $3,057,633
Fundraising Expense+ $1,027,940
Total Expenses$36,027,334

Excess/Deficit
Total Revenue$37,072,690
Total Expenses- $36,027,334
Excess/Deficit$1,045,356
End of Year Fund Bal/Net Worth
Total Assets$117,307,373
Total Liabilities- $24,325,197
End of Year Fund Bal/Net Worth$92,982,176

Financial Information for Prior Years

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