<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2022v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-02-06T12:50:21-05:00</ReturnTs>
    <TaxPeriodEndDt>2023-07-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>465182845</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>SCHRAMM &amp; ASSOCIATES LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1001 OAK ST STE 206</AddressLine1Txt>
        <CityNm>BOZEMAN</CityNm>
        <StateAbbreviationCd>MT</StateAbbreviationCd>
        <ZIPCd>59715</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990</ReturnTypeCd>
    <TaxPeriodBeginDt>2022-08-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>461549605</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>YELLOWSTONE THEOLOGICAL INSTITUTE</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>YELL</BusinessNameControlTxt>
      <PhoneNum>4064041600</PhoneNum>
      <USAddress>
        <AddressLine1Txt>83 ROWLAND ROAD</AddressLine1Txt>
        <CityNm>BOZEMAN</CityNm>
        <StateAbbreviationCd>MT</StateAbbreviationCd>
        <ZIPCd>59718</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>REV DR JAY SMITH</PersonNm>
      <PersonTitleTxt>EX OFFICIO</PersonTitleTxt>
      <PhoneNum>4064041600</PhoneNum>
      <SignatureDt>2024-01-23</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>DR JAY</PersonFirstNm>
        <PersonLastNm>SMITH</PersonLastNm>
      </PersonFullName>
      <SSN>XXX-XX-XXXX</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>JASON SCHRAMM</PreparerPersonNm>
      <PTIN>P01690627</PTIN>
      <PhoneNum>4065864379</PhoneNum>
      <PreparationDt>2024-02-03</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2022</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="6">
    <IRS990 documentId="RetDoc2" referenceDocumentId="RetDoc6">
      <AddressChangeInd>X</AddressChangeInd>
      <PrincipalOfficerNm>REV DR JAY SMITH</PrincipalOfficerNm>
      <USAddress>
        <AddressLine1Txt>206 WILLOW PEAK DRIVE</AddressLine1Txt>
        <CityNm>BOZEMAN</CityNm>
        <StateAbbreviationCd>MT</StateAbbreviationCd>
        <ZIPCd>59718</ZIPCd>
      </USAddress>
      <GrossReceiptsAmt>1926169</GrossReceiptsAmt>
      <GroupReturnForAffiliatesInd>false</GroupReturnForAffiliatesInd>
      <Organization501c3Ind>X</Organization501c3Ind>
      <WebsiteAddressTxt>WWW.YELLOWSTONETHEOLOGY.ORG</WebsiteAddressTxt>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <FormationYr>2012</FormationYr>
      <LegalDomicileStateCd>MT</LegalDomicileStateCd>
      <ActivityOrMissionDesc>THE MISSION OF YELLOWSTONE THEOLOGICAL INSTITUTE (YTI) IS TO PROVIDE LEADERSHIP, TRAINING, AND RESOURCES FOR THE MISSIONAL RE-IMAGINING OF CHRISTIAN WITNESS IN THE NORTHWEST AND BEYOND. WE ACCOMPLISH THIS BY OFFERING A MASTER OF ARTS DEGREE WITH SEVERAL DIFFERENT EMPHASES, OTHER EDUCATIONAL PROGRAMS, SERVICES, AND CONDUCTING RESEARCH. 2016 INVOLVED THE CONTINUATION OF CLASSES FOR OUR MASTER OF APPLIED THEOLOGY (M.A.T.) DEGREE IN OUR SATELLITE CAMPUSES - BOISE, ID, BELLINGHAM, WA, AND BOZEMAN, MT. WE CONTINUE TO DEVELOP OUR M.A.T. PROGRAM, HAVE ADDED A DIPLOMA PROGRAM, AND HAVE DEVELOPED OUR MASTER OF DIVINITY PROGRAM, WHICH BEGAN CLASSES IN AUGUST 2017. ADDITIONALLY, YTI HAS CONTINUED CURRICULUM DEVELOPMENT, MEDIA AND MARKETING DEVELOPMENT, AND ENLARGED OUR DONOR BASE.</ActivityOrMissionDesc>
      <VotingMembersGoverningBodyCnt>8</VotingMembersGoverningBodyCnt>
      <VotingMembersIndependentCnt>7</VotingMembersIndependentCnt>
      <TotalEmployeeCnt>11</TotalEmployeeCnt>
      <TotalGrossUBIAmt>0</TotalGrossUBIAmt>
      <PYContributionsGrantsAmt>9649051</PYContributionsGrantsAmt>
      <CYContributionsGrantsAmt>1793992</CYContributionsGrantsAmt>
      <PYProgramServiceRevenueAmt>32678</PYProgramServiceRevenueAmt>
      <CYProgramServiceRevenueAmt>32729</CYProgramServiceRevenueAmt>
      <PYInvestmentIncomeAmt>375</PYInvestmentIncomeAmt>
      <CYInvestmentIncomeAmt>7108</CYInvestmentIncomeAmt>
      <PYOtherRevenueAmt>17431</PYOtherRevenueAmt>
      <CYOtherRevenueAmt>92340</CYOtherRevenueAmt>
      <PYTotalRevenueAmt>9699535</PYTotalRevenueAmt>
      <CYTotalRevenueAmt>1926169</CYTotalRevenueAmt>
      <CYGrantsAndSimilarPaidAmt>0</CYGrantsAndSimilarPaidAmt>
      <CYBenefitsPaidToMembersAmt>0</CYBenefitsPaidToMembersAmt>
      <PYSalariesCompEmpBnftPaidAmt>559384</PYSalariesCompEmpBnftPaidAmt>
      <CYSalariesCompEmpBnftPaidAmt>730283</CYSalariesCompEmpBnftPaidAmt>
      <CYTotalProfFndrsngExpnsAmt>0</CYTotalProfFndrsngExpnsAmt>
      <CYTotalFundraisingExpenseAmt>139813</CYTotalFundraisingExpenseAmt>
      <PYOtherExpensesAmt>832073</PYOtherExpensesAmt>
      <CYOtherExpensesAmt>697681</CYOtherExpensesAmt>
      <PYTotalExpensesAmt>1391457</PYTotalExpensesAmt>
      <CYTotalExpensesAmt>1427964</CYTotalExpensesAmt>
      <PYRevenuesLessExpensesAmt>8308078</PYRevenuesLessExpensesAmt>
      <CYRevenuesLessExpensesAmt>498205</CYRevenuesLessExpensesAmt>
      <TotalAssetsBOYAmt>9123187</TotalAssetsBOYAmt>
      <TotalAssetsEOYAmt>13520694</TotalAssetsEOYAmt>
      <TotalLiabilitiesBOYAmt>42865</TotalLiabilitiesBOYAmt>
      <TotalLiabilitiesEOYAmt>3942167</TotalLiabilitiesEOYAmt>
      <NetAssetsOrFundBalancesBOYAmt>9080322</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>9578527</NetAssetsOrFundBalancesEOYAmt>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <MissionDesc>THE MISSION OF YELLOWSTONE THEOLOGICAL INSTITUTE (YTI) IS TO PROVIDE LEADERSHIP, TRAINING, AND RESOURCES FOR THE MISSIONAL RE-IMAGINING OF CHRISTIAN WITNESS IN THE NORTHWEST AND BEYOND. WE ACCOMPLISH THIS BY OFFERING A MASTER OF ARTS DEGREE WITH SEVERAL DIFFERENT EMPHASES, OTHER EDUCATIONAL PROGRAMS, SERVICES, AND CONDUCTING RESEARCH. 2016 INVOLVED THE CONTINUATION OF CLASSES FOR OUR MASTER OF APPLIED THEOLOGY (M.A.T.) DEGREE IN OUR SATELLITE CAMPUSES - BOISE, ID, BELLINGHAM, WA, AND BOZEMAN, MT. WE CONTINUE TO DEVELOP OUR M.A.T. PROGRAM, HAVE ADDED A DIPLOMA PROGRAM, AND HAVE DEVELOPED OUR MASTER OF DIVINITY PROGRAM, WHICH BEGAN CLASSES IN AUGUST 2017. ADDITIONALLY, YTI HAS CONTINUED CURRICULUM DEVELOPMENT, MEDIA AND MARKETING DEVELOPMENT, AND ENLARGED OUR DONOR BASE.</MissionDesc>
      <SignificantNewProgramSrvcInd>false</SignificantNewProgramSrvcInd>
      <SignificantChangeInd>false</SignificantChangeInd>
      <ExpenseAmt>739643</ExpenseAmt>
      <RevenueAmt>32729</RevenueAmt>
      <Desc>YELLOWSTONE THEOLOGICAL INSTITUTE (YTI) IS COMMITTED TO BEING AN EDUCATIONAL INSTITUTION WHERE FAITH IS INTEGRATED WITH THE ARTS, SCIENCES, AND RECREATIONAL ADVENTURE IN ORDER TO PRODUCE AN INFORMED CLERGY AND LAITY FOR THE 21ST CENTURY. YTI OFFERS A DIPLOMA OF CHRISTIAN THEOLOGY AND A MASTER OF ARTS DEGREE. YTI DESIRES TO OFFER A MASTER OF THEOLOGY DEGREE. THE ORGANIZATION IS CURRENTLY EXPANDING FACILITIES TO SERVE MORE STUDENTS.</Desc>
      <TotalProgramServiceExpensesAmt>739643</TotalProgramServiceExpensesAmt>
      <DescribedInSection501c3Ind referenceDocumentId="RetDoc7">true</DescribedInSection501c3Ind>
      <ScheduleBRequiredInd>false</ScheduleBRequiredInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <DonorAdvisedFundInd referenceDocumentId="RetDoc3">false</DonorAdvisedFundInd>
      <ConservationEasementsInd referenceDocumentId="RetDoc3">false</ConservationEasementsInd>
      <CollectionsOfArtInd referenceDocumentId="RetDoc3">false</CollectionsOfArtInd>
      <CreditCounselingInd referenceDocumentId="RetDoc3">false</CreditCounselingInd>
      <DonorRstrOrQuasiEndowmentsInd referenceDocumentId="RetDoc3">false</DonorRstrOrQuasiEndowmentsInd>
      <ReportLandBuildingEquipmentInd referenceDocumentId="RetDoc3">true</ReportLandBuildingEquipmentInd>
      <ReportInvestmentsOtherSecInd referenceDocumentId="RetDoc3">true</ReportInvestmentsOtherSecInd>
      <ReportProgramRelatedInvstInd referenceDocumentId="RetDoc3">false</ReportProgramRelatedInvstInd>
      <ReportOtherAssetsInd referenceDocumentId="RetDoc3">false</ReportOtherAssetsInd>
      <ReportOtherLiabilitiesInd referenceDocumentId="RetDoc3">true</ReportOtherLiabilitiesInd>
      <IncludeFIN48FootnoteInd referenceDocumentId="RetDoc3">false</IncludeFIN48FootnoteInd>
      <IndependentAuditFinclStmtInd referenceDocumentId="RetDoc3">true</IndependentAuditFinclStmtInd>
      <ConsolidatedAuditFinclStmtInd referenceDocumentId="RetDoc3">false</ConsolidatedAuditFinclStmtInd>
      <SchoolOperatingInd referenceDocumentId="RetDoc4">true</SchoolOperatingInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <ForeignActivitiesInd>false</ForeignActivitiesInd>
      <MoreThan5000KToOrgInd>false</MoreThan5000KToOrgInd>
      <MoreThan5000KToIndividualsInd>false</MoreThan5000KToIndividualsInd>
      <ProfessionalFundraisingInd>false</ProfessionalFundraisingInd>
      <FundraisingActivitiesInd>false</FundraisingActivitiesInd>
      <GamingActivitiesInd>false</GamingActivitiesInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
      <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
      <ScheduleJRequiredInd>false</ScheduleJRequiredInd>
      <TaxExemptBondsInd>false</TaxExemptBondsInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <PYExcessBenefitTransInd>false</PYExcessBenefitTransInd>
      <LoanOutstandingInd>false</LoanOutstandingInd>
      <GrantToRelatedPersonInd>false</GrantToRelatedPersonInd>
      <BusinessRlnWithOrgMemInd>false</BusinessRlnWithOrgMemInd>
      <BusinessRlnWithFamMemInd>false</BusinessRlnWithFamMemInd>
      <BusinessRlnWith35CtrlEntInd>false</BusinessRlnWith35CtrlEntInd>
      <DeductibleNonCashContriInd referenceDocumentId="RetDoc5">true</DeductibleNonCashContriInd>
      <DeductibleArtContributionInd referenceDocumentId="RetDoc5">false</DeductibleArtContributionInd>
      <TerminateOperationsInd>false</TerminateOperationsInd>
      <PartialLiquidationInd>false</PartialLiquidationInd>
      <DisregardedEntityInd>false</DisregardedEntityInd>
      <RelatedEntityInd>false</RelatedEntityInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <ActivitiesConductedPrtshpInd>false</ActivitiesConductedPrtshpInd>
      <ScheduleORequiredInd>true</ScheduleORequiredInd>
      <IRPDocumentCnt>14</IRPDocumentCnt>
      <IRPDocumentW2GCnt>0</IRPDocumentW2GCnt>
      <EmployeeCnt>11</EmployeeCnt>
      <EmploymentTaxReturnsFiledInd>true</EmploymentTaxReturnsFiledInd>
      <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <TaxablePartyNotificationInd>false</TaxablePartyNotificationInd>
      <NondeductibleContributionsInd>false</NondeductibleContributionsInd>
      <QuidProQuoContributionsInd>false</QuidProQuoContributionsInd>
      <Form8282PropertyDisposedOfInd>false</Form8282PropertyDisposedOfInd>
      <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
      <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
      <Form8899Filedind>false</Form8899Filedind>
      <Form1098CFiledInd>false</Form1098CFiledInd>
      <IndoorTanningServicesInd>false</IndoorTanningServicesInd>
      <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      <SubjectToExcsTaxNetInvstIncInd>false</SubjectToExcsTaxNetInvstIncInd>
      <InfoInScheduleOPartVIInd>X</InfoInScheduleOPartVIInd>
      <GoverningBodyVotingMembersCnt>8</GoverningBodyVotingMembersCnt>
      <IndependentVotingMemberCnt>7</IndependentVotingMemberCnt>
      <FamilyOrBusinessRlnInd>false</FamilyOrBusinessRlnInd>
      <DelegationOfMgmtDutiesInd>false</DelegationOfMgmtDutiesInd>
      <ChangeToOrgDocumentsInd>false</ChangeToOrgDocumentsInd>
      <MaterialDiversionOrMisuseInd>false</MaterialDiversionOrMisuseInd>
      <MembersOrStockholdersInd>false</MembersOrStockholdersInd>
      <ElectionOfBoardMembersInd>false</ElectionOfBoardMembersInd>
      <DecisionsSubjectToApprovaInd>false</DecisionsSubjectToApprovaInd>
      <MinutesOfGoverningBodyInd>true</MinutesOfGoverningBodyInd>
      <MinutesOfCommitteesInd>true</MinutesOfCommitteesInd>
      <OfficerMailingAddressInd>false</OfficerMailingAddressInd>
      <LocalChaptersInd>false</LocalChaptersInd>
      <Form990ProvidedToGvrnBodyInd>false</Form990ProvidedToGvrnBodyInd>
      <ConflictOfInterestPolicyInd>true</ConflictOfInterestPolicyInd>
      <AnnualDisclosureCoveredPrsnInd>true</AnnualDisclosureCoveredPrsnInd>
      <RegularMonitoringEnfrcInd>true</RegularMonitoringEnfrcInd>
      <WhistleblowerPolicyInd>false</WhistleblowerPolicyInd>
      <DocumentRetentionPolicyInd>false</DocumentRetentionPolicyInd>
      <CompensationProcessCEOInd>true</CompensationProcessCEOInd>
      <CompensationProcessOtherInd>false</CompensationProcessOtherInd>
      <InvestmentInJointVentureInd>false</InvestmentInJointVentureInd>
      <UponRequestInd>X</UponRequestInd>
      <BooksInCareOfDetail>
        <BusinessName>
          <BusinessNameLine1Txt>SCHRAMM &amp; LEWIS LLC</BusinessNameLine1Txt>
        </BusinessName>
        <PhoneNum>4065864379</PhoneNum>
        <USAddress>
          <AddressLine1Txt>1001 OAK STREET SUITE 206</AddressLine1Txt>
          <CityNm>BOZEMAN</CityNm>
          <StateAbbreviationCd>MT</StateAbbreviationCd>
          <ZIPCd>59715</ZIPCd>
        </USAddress>
      </BooksInCareOfDetail>
      <Form990PartVIISectionAGrp>
        <PersonNm>REV DR JAY SMITH</PersonNm>
        <TitleTxt>EX OFFICIO</TitleTxt>
        <AverageHoursPerWeekRt>30.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>68143</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>JOE BILLION</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>CHRIS BUDESKI</PersonNm>
        <TitleTxt>TRUSTEE/DIRE</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>REVEREND BRIAN EPPS</PersonNm>
        <TitleTxt>TRUSTEE/DIRE</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>DR BILL FOWLER</PersonNm>
        <TitleTxt>TRUSTEE/DIRE</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>KAREN GILHOUSEN</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>JENNI LEACH</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>PAUL NEWBY</PersonNm>
        <TitleTxt>INTERIM CHAI</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <TotalReportableCompFromOrgAmt>68143</TotalReportableCompFromOrgAmt>
      <FormerOfcrEmployeesListedInd>false</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>false</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>false</CompensationFromOtherSrcsInd>
      <AllOtherContributionsAmt>1793992</AllOtherContributionsAmt>
      <NoncashContributionsAmt>92205</NoncashContributionsAmt>
      <TotalContributionsAmt>1793992</TotalContributionsAmt>
      <ProgramServiceRevenueGrp>
        <Desc>TUITION</Desc>
        <TotalRevenueColumnAmt>32729</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>32729</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <TotalProgramServiceRevenueAmt>32729</TotalProgramServiceRevenueAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>7108</TotalRevenueColumnAmt>
        <ExclusionAmt>7108</ExclusionAmt>
      </InvestmentIncomeGrp>
      <OtherRevenueMiscGrp>
        <Desc>INCIDENTAL RENTAL</Desc>
        <TotalRevenueColumnAmt>92300</TotalRevenueColumnAmt>
        <ExclusionAmt>92300</ExclusionAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueMiscGrp>
        <Desc>OTHER INCOME</Desc>
        <TotalRevenueColumnAmt>40</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>40</RelatedOrExemptFuncIncomeAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueTotalAmt>92340</OtherRevenueTotalAmt>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>1926169</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>32769</RelatedOrExemptFuncIncomeAmt>
        <ExclusionAmt>99408</ExclusionAmt>
      </TotalRevenueGrp>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>68143</TotalAmt>
        <ProgramServicesAmt>13629</ProgramServicesAmt>
        <ManagementAndGeneralAmt>20443</ManagementAndGeneralAmt>
        <FundraisingAmt>34071</FundraisingAmt>
      </CompCurrentOfcrDirectorsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>474936</TotalAmt>
        <ProgramServicesAmt>360585</ProgramServicesAmt>
        <ManagementAndGeneralAmt>108991</ManagementAndGeneralAmt>
        <FundraisingAmt>5360</FundraisingAmt>
      </OtherSalariesAndWagesGrp>
      <OtherEmployeeBenefitsGrp>
        <TotalAmt>144873</TotalAmt>
        <ProgramServicesAmt>63413</ProgramServicesAmt>
        <ManagementAndGeneralAmt>69969</ManagementAndGeneralAmt>
        <FundraisingAmt>11491</FundraisingAmt>
      </OtherEmployeeBenefitsGrp>
      <PayrollTaxesGrp>
        <TotalAmt>42331</TotalAmt>
        <ProgramServicesAmt>16763</ProgramServicesAmt>
        <ManagementAndGeneralAmt>21716</ManagementAndGeneralAmt>
        <FundraisingAmt>3852</FundraisingAmt>
      </PayrollTaxesGrp>
      <FeesForServicesLegalGrp>
        <TotalAmt>9869</TotalAmt>
        <ProgramServicesAmt>987</ProgramServicesAmt>
        <ManagementAndGeneralAmt>3947</ManagementAndGeneralAmt>
        <FundraisingAmt>4935</FundraisingAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>20605</TotalAmt>
        <ProgramServicesAmt>1648</ProgramServicesAmt>
        <ManagementAndGeneralAmt>18545</ManagementAndGeneralAmt>
        <FundraisingAmt>412</FundraisingAmt>
      </FeesForServicesAccountingGrp>
      <FeesForServicesOtherGrp>
        <TotalAmt>65386</TotalAmt>
        <ProgramServicesAmt>19386</ProgramServicesAmt>
        <FundraisingAmt>46000</FundraisingAmt>
      </FeesForServicesOtherGrp>
      <AdvertisingGrp>
        <TotalAmt>37724</TotalAmt>
        <ProgramServicesAmt>32066</ProgramServicesAmt>
        <ManagementAndGeneralAmt>3772</ManagementAndGeneralAmt>
        <FundraisingAmt>1886</FundraisingAmt>
      </AdvertisingGrp>
      <OfficeExpensesGrp>
        <TotalAmt>21205</TotalAmt>
        <ProgramServicesAmt>10766</ProgramServicesAmt>
        <ManagementAndGeneralAmt>9949</ManagementAndGeneralAmt>
        <FundraisingAmt>490</FundraisingAmt>
      </OfficeExpensesGrp>
      <OccupancyGrp>
        <TotalAmt>141927</TotalAmt>
        <ProgramServicesAmt>18755</ProgramServicesAmt>
        <ManagementAndGeneralAmt>109786</ManagementAndGeneralAmt>
        <FundraisingAmt>13386</FundraisingAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>54065</TotalAmt>
        <ProgramServicesAmt>28571</ProgramServicesAmt>
        <ManagementAndGeneralAmt>21554</ManagementAndGeneralAmt>
        <FundraisingAmt>3940</FundraisingAmt>
      </TravelGrp>
      <InterestGrp>
        <TotalAmt>104288</TotalAmt>
        <ProgramServicesAmt>10429</ProgramServicesAmt>
        <ManagementAndGeneralAmt>83430</ManagementAndGeneralAmt>
        <FundraisingAmt>10429</FundraisingAmt>
      </InterestGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>169265</TotalAmt>
        <ProgramServicesAmt>105336</ProgramServicesAmt>
        <ManagementAndGeneralAmt>61143</ManagementAndGeneralAmt>
        <FundraisingAmt>2786</FundraisingAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>13814</TotalAmt>
        <ProgramServicesAmt>2139</ProgramServicesAmt>
        <ManagementAndGeneralAmt>11399</ManagementAndGeneralAmt>
        <FundraisingAmt>276</FundraisingAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>PROGRAM SERVICES</Desc>
        <TotalAmt>52503</TotalAmt>
        <ProgramServicesAmt>52503</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>HOSPITALITY &amp; TRAINING</Desc>
        <TotalAmt>3588</TotalAmt>
        <ProgramServicesAmt>2512</ProgramServicesAmt>
        <ManagementAndGeneralAmt>718</ManagementAndGeneralAmt>
        <FundraisingAmt>358</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <TotalAmt>2011</TotalAmt>
        <ManagementAndGeneralAmt>2011</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>BANK CHARGES</Desc>
        <TotalAmt>1401</TotalAmt>
        <ProgramServicesAmt>140</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1121</ManagementAndGeneralAmt>
        <FundraisingAmt>140</FundraisingAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>30</TotalAmt>
        <ProgramServicesAmt>15</ProgramServicesAmt>
        <ManagementAndGeneralAmt>14</ManagementAndGeneralAmt>
        <FundraisingAmt>1</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>1427964</TotalAmt>
        <ProgramServicesAmt>739643</ProgramServicesAmt>
        <ManagementAndGeneralAmt>548508</ManagementAndGeneralAmt>
        <FundraisingAmt>139813</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>166112</BOYAmt>
        <EOYAmt>123281</EOYAmt>
      </CashNonInterestBearingGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>1420045</BOYAmt>
        <EOYAmt>990248</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <PledgesAndGrantsReceivableGrp>
        <BOYAmt>4398741</BOYAmt>
        <EOYAmt>4589928</EOYAmt>
      </PledgesAndGrantsReceivableGrp>
      <AccountsReceivableGrp>
        <EOYAmt>2838</EOYAmt>
      </AccountsReceivableGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>4577</BOYAmt>
        <EOYAmt>6053</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>5770343</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>830268</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>293712</BOYAmt>
        <EOYAmt>4940075</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsOtherSecuritiesGrp>
        <BOYAmt>2840000</BOYAmt>
        <EOYAmt>2868271</EOYAmt>
      </InvestmentsOtherSecuritiesGrp>
      <TotalAssetsGrp>
        <BOYAmt>9123187</BOYAmt>
        <EOYAmt>13520694</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <EOYAmt>12143</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>42865</BOYAmt>
        <EOYAmt>3930024</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>42865</BOYAmt>
        <EOYAmt>3942167</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>1506442</BOYAmt>
        <EOYAmt>2458599</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>7573880</BOYAmt>
        <EOYAmt>7119928</EOYAmt>
      </DonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>9080322</BOYAmt>
        <EOYAmt>9578527</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>9123187</BOYAmt>
        <EOYAmt>13520694</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>498205</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc7">
      <SchoolInd>X</SchoolInd>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="RetDoc3">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>940250</OtherCostOrOtherBasisAmt>
        <BookValueAmt>940250</BookValueAmt>
      </LandGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>4830093</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>830268</DepreciationAmt>
        <BookValueAmt>3999825</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>4940075</TotalBookValueLandBuildingsAmt>
      <CloselyHeldEquityInterestsGrp>
        <BookValueAmt>2840000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </CloselyHeldEquityInterestsGrp>
      <OtherSecuritiesGrp>
        <Desc>CONSTRUCTION IN PROCESS</Desc>
        <BookValueAmt>28271</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </OtherSecuritiesGrp>
      <TotalBookValueSecuritiesAmt>2868271</TotalBookValueSecuritiesAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>MORTGAGE PAYABLE</Desc>
        <Amt>3910135</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>CREDIT CARD PAYABLE</Desc>
        <Amt>10423</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>ACCRUED SALARIES</Desc>
        <Amt>9099</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>PAYROLL TAX LIABILITIES</Desc>
        <Amt>367</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>3930024</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>1926169</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>1926169</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>1926169</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>1427964</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>1427964</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>1427964</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc4">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>false</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE INSTITUTE HAS A NONDISCRIMINATORY POLICY. A COPY OF THE POLICY WILL BE PROVIDED IN SCHOOL PACKETS PROVIDED TO ITS STUDENTS, INCLUDED IN SOLICITATION MATERIALS FOR PROSPECTIVE STUDENTS, AND HAS APPEARED IN NEWSPAPER ADVERTISEMENTS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleM documentId="RetDoc5">
      <OtherNonCashContriTableGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>92205</NoncashContributionsRptF990Amt>
      </OtherNonCashContriTableGrp>
      <AnyPropertyThatMustBeHeldInd>false</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>false</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>false</ThirdPartiesUsedInd>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc6">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MISSION OF YELLOWSTONE THEOLOGICAL INSTITUTE (YTI) IS TO PROVIDE LEADERSHIP, TRAINING, AND RESOURCES FOR THE MISSIONAL RE-IMAGINING OF CHRISTIAN WITNESS IN THE NORTHWEST AND BEYOND. WE ACCOMPLISH THIS BY OFFERING A MASTER OF ARTS DEGREE WITH SEVERAL DIFFERENT EMPHASES, OTHER EDUCATIONAL PROGRAMS, SERVICES, AND CONDUCTING RESEARCH. 2016 INVOLVED THE CONTINUATION OF CLASSES FOR OUR MASTER OF APPLIED THEOLOGY (M.A.T.) DEGREE IN OUR SATELLITE CAMPUSES - BOISE, ID, BELLINGHAM, WA, AND BOZEMAN, MT. WE CONTINUE TO DEVELOP OUR M.A.T. PROGRAM, HAVE ADDED A DIPLOMA PROGRAM, AND HAVE DEVELOPED OUR MASTER OF DIVINITY PROGRAM, WHICH BEGAN CLASSES IN AUGUST 2017. ADDITIONALLY, YTI HAS CONTINUED CURRICULUM DEVELOPMENT, MEDIA AND MARKETING DEVELOPMENT, AND ENLARGED OUR DONOR BASE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR BOARD PRESIDENT PRIOR TO FILING. ALSO PRIOR TO FILING, FORM 990 IS EMAILED TO ALL DIRECTORS OF THE GOVERNING BODY FOR THEIR REVIEW.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMBERS SHALL DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AND ABSTAIN FROM VOTING ON ANY RELATED TRANSACTION. THE CONFLICT OF INTEREST POLICY IS REVIEWED AND DIRECTOR DISCLOSURES ARE OBTAINED YEARLY AT YELLOWSTONE THEOLOGICAL INSTITUTE'S ANNUAL MEETING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD USES STATISTICAL INFORMATION TO DETERMINE SIMILAR COMPENSATION FOR THE JOB DESCRIPTION, AND THE BOARD MUST APPROVE OF THE COMPENSATION AMOUNT BY A MAJORITY VOTE UPON BUDGET APPROVAL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>OUR ORGANIZATION DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. REQUESTS CAN BE MADE TO: YELLOWSTONE THEOLOGICAL INSTITUTE, PO BOX 1347, BOZEMAN, MT 59771.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
