Nonprofit · EIN 47-5669999
INDIANAPOLIS THEOLOGICAL SEMINARY
Tax-exempt · INDIANAPOLIS, IN 46256
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,371,103 | $1,052,186 | $318,917 | $1,260,010 | $158,899 | $1,101,111 |
| August 31, 2024 | 990 | $1,005,522 | $967,036 | $38,486 | $905,348 | $123,154 | $782,194 |
| August 31, 2023 | 990 | $741,729 | $788,046 | -$46,317 | $873,404 | $125,731 | $747,673 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $1,146,926
- Program service revenue
- $199,170
- Investment income
- $23,707
- Net gain from sales of assets
- -$140
- Net income from fundraising events
- $1,300
- Other revenue
- $1,300
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $346,492
- Other salaries and wages
- $288,540
- Salaries, compensation and benefits (total)
- $721,279
- Professional fundraising fees
- $0
- Accounting fees
- $49,576
- Occupancy
- $32,000
- Travel
- $26,128
- Depreciation
- $26,835
- Program services (functional)
- $662,186
- Management and general (functional)
- $226,956
- Fundraising (functional)
- $163,044
Balance sheet and other
- Total assets, start of year
- $905,348
- Total assets, end of year
- $1,260,010
- Total liabilities, end of year
- $158,899
- Net assets, end of year
- $1,101,111
- Land, buildings and equipment
- $368,825
- Net assets without donor restrictions
- $1,004,712
- Net assets with donor restrictions
- $96,399
- Gross receipts
- $1,386,369
- Employees
- 12
- Volunteers
- 25
- Year formed
- 2015
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICHOLAS PIOTROWSKI | PRESIDENT Trustee or director, Officer | 40 | $122,713 | $3,795 |
| SUSAN ALBERS | DIRECTOR OF DEVELOPMENT Trustee or director | 40 | $79,829 | $0 |
| CHARLES B WINTER | ACADEMIC DEAN/DIRECTOR OF OPERATIONS Trustee or director | 40 | $71,020 | $2,196 |
| BRIAN CARTER | DIRECTOR OF ADMISSIONS Trustee or director | 40 | $39,910 | $1,028 |
| KATHY MCALLEN | DIRECTOR Trustee or director | 1 | $10,581 | $0 |
| JYM GREGORY | DIRECTOR & ADJUNCT PROFESS Trustee or director | 20 | $5,500 | $0 |
| ROB WINGERTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON ENGEL | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL ERLER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KEITH DOANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN GRIFFITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DREW HUNTER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN MCCRORIE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAVID PETERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GUS PRITCHARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC WEST | NOM & GOV COM CHAIR Trustee or director | 1 | $0 |
| RICHARD ZABEL | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN PITKIN | ADV & DEV COM CH Trustee or director | 1 | $0 |
| ROGER WILLIAMS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MATT WALKER | DIRECTOR Trustee or director | 1 | $0 |
| DAN WELLER | DIRECTOR/ACAD & ACCR COM CH Trustee or director | 1 | $0 |
| AMY WILSON | DIRECTOR Trustee or director | 1 | $0 |
| CHARLES WRIGHT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICHOLAS PIOTROWSKI | PRESIDENT Trustee or director, Officer | 40 | $128,425 |
| KJ DRAKE | ACADEMIC DEAN Trustee or director | 40 | $88,185 |
| SUSAN ALBERS | DIRECTOR OF DEVELOPMENT Trustee or director | 40 | $78,735 |
| CHARLES B WINTER | DIRECTOR OF OPERATIONS Trustee or director | 40 | $67,813 |
| ROB WINGERTER | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DON ENGEL | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RICHARD ROWLEY | SECRETARY & ADJUNCT PROFES Trustee or director, Officer | 1 | $0 |
| MICHAEL ERLER | TREASURER Trustee or director, Officer | 1 | $0 |
| CURTIS COSTON | DIRECTOR Trustee or director | 1 | $0 |
| KEITH DOANE | DIRECTOR Trustee or director | 1 | $0 |
| JYM GREGORY | DIRECTOR & ADJUNCT PROFESS Trustee or director | 20 | $0 |
| RYAN GRIFFITH | DIRECTOR & ADJUNCT PROFESS Trustee or director | 20 | $0 |
| KATHY MCALLEN | DIRECTOR Trustee or director | 1 | $0 |
| DREW HUNTER | DIRECTOR Trustee or director | 1 | $0 |
| HRE MANG | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN MCCRORIE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID PETERS | DIRECTOR Trustee or director | 1 | $0 |
| GUS PRITCHARD | DIRECTOR Trustee or director | 1 | $0 |
| MARC WEST | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD ZABEL | DIRECTOR Trustee or director | 1 | $0 |
| STEVE SANDVIG | DEVELOPMENT COMMITTEE Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICHOLAS PIOTROWSKI | PRESIDENT Trustee or director, Officer | 40 | $128,723 |
| CHARLES B WINTER | DIRECTOR OF OPERATIONS Trustee or director | 40 | $65,335 |
| SUSAN ALBERS | DIRECTOR OF DEVELOPMENT Trustee or director | 40 | $62,901 |
| KJ DRAKE | ACADEMIC DEAN Trustee or director | 40 | $45,759 |
| ROB WINGERTER | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DON ENGEL | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RICHARD ROWLEY | SECRETARY & ADJUNCT PROFES Trustee or director, Officer | 1 | $0 |
| MICHAEL ERLER | TREASURER Trustee or director, Officer | 1 | $0 |
| CURTIS COSTON | DIRECTOR Trustee or director | 1 | $0 |
| KEITH DOANE | DIRECTOR Trustee or director | 1 | $0 |
| JYM GREGORY | DIRECTOR & ADJUNCT PROFESS Trustee or director | 20 | $0 |
| RYAN GRIFFITH | DIRECTOR & ADJUNCT PROFESS Trustee or director | 20 | $0 |
| KATHY MCALLEN | DIRECTOR Trustee or director | 1 | $0 |
| DREW HUNTER | DIRECTOR Trustee or director | 1 | $0 |
| HRE MANG | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN MCCRORIE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID PETERS | DIRECTOR Trustee or director | 1 | $0 |
| GUS PRITCHARD | DIRECTOR Trustee or director | 1 | $0 |
| MARC WEST | DIRECTOR Trustee or director | 1 | $0 |
| ROGER WILLIAMS | DIRECTOR & ADJUNCT PROFESS Trustee or director | 20 | $0 |
| RICHARD ZABEL | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8601 HAGUE RD, INDIANAPOLIS, IN 46256-1243
- Principal officer (990 for 2024)
- BRUCE WINTER, 6448 BASTANI PLACE, INDIANAPOLIS, IN 46237
- Signed the 990
- BRUCE WINTER, DIRECTOR OF OPERATIONS
- Phone
- (989) 859-0012
- Website
- WWW.INDYSEM.ORG
- 990-N for 2019 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Bruce Winter, 8601 Hague Road, Indianapolis IN 46256. Mailing address: 8601 HAGUE RD, INDIANAPOLIS IN 462561243.
- Return prepared by
- WHITINGER & COMPANY LLC
Mission
INDIANAPOLIS THEOLOGICAL SEMINARY EXISTS TO SEE A FULLY ACCREDITED THEOLOGICALLY REFORMED MDIV PROGRAM IN CENTRAL INDIANA THAT INTEGRATES LEADERSHIP TRAINING IN LOCAL CHURCHES WITH ROBUST ACADEMIC INSTRUCTION FOR THE SAKE OF DEVELOPING THE NEXT GENERATION OF THEOLOGIAN LEADERS TO THE GLORY OF GOD.
Program accomplishments
- INDIANAPOLIS THEOLOGICAL SEMINARY (ITS) HAS BEEN IN OPERATION FOR TEN YEARS AND ENROLLMENT CONTINUES TO GROW. TUITION REVENUE ONLY COVERS 19% OF THE COST OF OPERATING THE SEMINARY. STUDENT ENROLLMENT IS 110 STUDENTS.Expenses $662,186 · revenue $199,030
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 47-5669999
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $1,260,010
- Income (IRS master file)
- $1,386,369
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,371,103 | $1,052,186 | $1,260,010 | XML |
| 990 | August 2024 | $1,005,522 | $967,036 | $905,348 | XML |
| 990 | August 2023 | $741,729 | $788,046 | $873,404 | XML |
| 990 | August 2022 | $1,044,120 | $682,878 | $895,225 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: Bruce Winter Filed under this EIN, most likely by a chapter or affiliate | August 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-5669999).
Questions about INDIANAPOLIS THEOLOGICAL SEMINARY
- What is the EIN of INDIANAPOLIS THEOLOGICAL SEMINARY?
- The employer identification number (EIN) of INDIANAPOLIS THEOLOGICAL SEMINARY is 47-5669999.
- Is INDIANAPOLIS THEOLOGICAL SEMINARY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to INDIANAPOLIS THEOLOGICAL SEMINARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIANAPOLIS THEOLOGICAL SEMINARY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDIANAPOLIS THEOLOGICAL SEMINARY due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDIANAPOLIS THEOLOGICAL SEMINARY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of INDIANAPOLIS THEOLOGICAL SEMINARY?
- The 990 for the year ended August 31, 2025 names BRUCE WINTER.
- Who are the officers and directors of INDIANAPOLIS THEOLOGICAL SEMINARY?
- The 990 for the year ended August 31, 2025 lists 23 people; 6 received compensation from the organization, the highest $122,713 (NICHOLAS PIOTROWSKI, PRESIDENT).
- How much revenue does INDIANAPOLIS THEOLOGICAL SEMINARY have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,371,103, expenses of $1,052,186 and total assets of $1,260,010 at year end.
Other nonprofits in INDIANAPOLIS
- BUTLER UNIVERSITY EIN 35-0867977 · last filed 990 for 2025
- UNIVERSITY OF INDIANAPOLIS EIN 35-0868107 · last filed 990 for 2025
- MARIAN UNIVERSITY EIN 35-0868175 · last filed 990 for 2025
- IU MEDICAL GROUP FOUNDATION INC EIN 20-1093251 · last filed 990 for 2025
- PROJECT LEAD THE WAY INC EIN 36-4802935 · last filed 990 for 2025
- THE MIND TRUST INC EIN 20-4560286 · last filed 990 for 2025
- PHALEN LEADERSHIP ACADEMIES INDIANA EIN 36-4729586 · last filed 990 for 2025
- GOODWILL EDUCATION INITIATIVES INC EIN 20-0749885 · last filed 990 for 2025