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Nonprofit · EIN 31-4421101

METHODIST THEOLOGICAL SCHOOL IN OHIO

Tax-exempt · DELAWARE, OH 43015

Financials

$10M$9.7M2023$16M$10.3M2024
Revenue Expenses · by fiscal year end
Financials of METHODIST THEOLOGICAL SCHOOL IN OHIO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$15,961,761$10,260,935$5,700,826$78,935,418$4,160,038$74,775,380
June 30, 2024990$9,970,068$9,738,031$232,037$77,220,579$5,789,434$71,431,145
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,743,743
Program service revenue
$3,160,108
Investment income
$8,645,493
Net gain from sales of assets
$8,559,845
Other revenue
$412,417

Expenses

Grants and similar amounts paid
$2,928,545
Compensation of officers, directors and key employees
$560,013
Other salaries and wages
$3,188,152
Salaries, compensation and benefits (total)
$4,188,639
Professional fundraising fees
$0
Legal fees
$6,993
Accounting fees
$53,960
Occupancy
$510,878
Travel
$148,412
Depreciation
$583,100
Program services (functional)
$7,099,030
Management and general (functional)
$2,968,940
Fundraising (functional)
$192,965

Balance sheet and other

Total assets, start of year
$77,220,579
Total assets, end of year
$78,935,418
Total liabilities, end of year
$4,160,038
Net assets, end of year
$74,775,380
Land, buildings and equipment
$9,539,623
Publicly traded securities
$43,369,936
Net assets without donor restrictions
$6,822,537
Net assets with donor restrictions
$67,952,843
Gross unrelated business income
$87,437
Gross receipts
$24,688,333
Employees
141
Volunteers
17
Year formed
1956
State of legal domicile
OH

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JAY RUNDELLPRESIDENT
Trustee or director, Officer
40$76,349$146,886
JAMES SUMMERSTREASURER
Trustee or director, Officer
40$96,010$7,579
RYAN SHELLENBERGFACULTY TRUSTEE
Trustee or director
35$79,007$5,680
SHEMA ROBERTSSTUDENT TRUSTEE
Trustee or director
1$7,418$0
DR DEREK ANDERSONTRUSTEE
Trustee or director
1$0$0
ANDREW CALLTRUSTEE
Trustee or director
1$0$0
THE REV CYNDY GARNTRUSTEE
Trustee or director
1$0$0
DR MAGGIE JACKSONTRUSTEE
Trustee or director
1$0$0
REV SUSAN A KYSERTRUSTEE
Trustee or director
1$0$0
ED YUHASTRUSTEE
Trustee or director
1$0$0
BISHOP GREGORY V PALMERTRUSTEE
Trustee or director
1$0$0
THE REV JAMES ROBERSONTRUSTEE
Trustee or director
1$0$0
JEFFREY TAYLORTRUSTEE
Trustee or director
1$0$0
GRACE IMATHIUCHAIR
Trustee or director, Officer
1$0$0
EMANUEL CLEVER IIITRUSTEE
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
REV LISA MARCHALTRUSTEE
Trustee or director
1$0
REV COLLEEN OGLETRUSTEE
Trustee or director
1$0
REV MARK RUPPTRUSTEE
Trustee or director
1$0
SUSAN KYSERSECRETARY
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationOther / benefits
JAY RUNDELLPRESIDENT
Trustee or director, Officer
40$78,451$159,342
JAMES SUMMERSTREASURER
Trustee or director, Officer
40$95,501$7,579
RYAN SHELLENBERGFACULTY TRUSTEE
Trustee or director
35$69,636$5,680
SHEMA ROBERTSSTUDENT TRUSTEE
Trustee or director
1$14,686$0
DR DEREK ANDERSONTRUSTEE
Trustee or director
1$0$0
ANDREW CALLTRUSTEE
Trustee or director
1$0$0
THE REV CYNDY GARNTRUSTEE
Trustee or director
1$0$0
DR MAGGIE JACKSONTRUSTEE
Trustee or director
1$0$0
REV SUSAN A KYSERTRUSTEE
Trustee or director
1$0$0
ED YUHASTRUSTEE
Trustee or director
1$0$0
BISHOP GREGORY V PALMERTRUSTEE
Trustee or director
1$0$0
THE REV JAMES ROBERSONTRUSTEE
Trustee or director
1$0$0
JEFFREY TAYLORTRUSTEE
Trustee or director
1$0$0
GRACE IMATHIUCHAIR
Trustee or director, Officer
1$0$0
EMANUEL CLEVER IIITRUSTEE
Trustee or director
1$0$0
REV LISA MARCHALTRUSTEE
Trustee or director
1$0$0
REV COLLEEN OGLETRUSTEE
Trustee or director
1$0$0
REV MARK RUPPTRUSTEE
Trustee or director
1$0$0
SUSAN KYSERSECRETARY
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
3081 COLUMBUS PIKE, DELAWARE, OH 43015-3211
Principal officer (990 for 2024)
JAY RUNDELL, 3081 COLUMBUS PIKE, DELAWARE, OH 43015
Signed the 990
JAY RUNDELL, PRESIDENT
Phone
(740) 363-1146
Return prepared by
BRADY WARE & SCHOENFELD INC

Mission

METHODIST THEOLOGICAL SCHOOL IN OHIO PROVIDES THEOLOGICAL EDUCATION AND LEADERSHIP IN PURSUIT OF A JUST, SUSTAINABLE AND GENERATIVE WORLD.

990 for the year ended June 30, 2025

Program accomplishments

  • METHODIST THEOLOGICAL SCHOOL IN OHIO (MTSO) OFFERS FIVE MASTER'S DEGREE PROGRAMS SERVING 151 INDIVIDUALS AND A DOCTOR OF MINISTRY PROGRAM SERVING 56 INDIVIDUALS. THE SCHOOL ALSO PROVIDES PUBLIC THEOLOGY THROUGH SUCH ENDEAVORS AS THE THEOLOGICAL COMMONS AT MTSO, THE SCHOOLER INSTITUTE ON PREACHING AND THE WILLIAMS INSTITUTE LECTURES. PUBLIC LECTURES, WORKSHOPS AND SYMPOSIA ARE OFFERED THROUGHOUT THE YEAR AND SERVED 639 INDIVIDUALS.
    Expenses $6,376,211 · grants $2,928,545 · revenue $11,514,377
  • AUXILIARY ENTERPRISES EXPENSES FOR AUXILIARY SERVICES FOR THE CONVENIENCE OF OUR STUDENTS.
    Expenses $479,544 · revenue $525,167
  • THE SCHOOL BEGAN A FARMING OPERATION DURING 2014 THAT WAS NAMED SEMINARY HILL FARM (THE "FARM"). THE FARM WAS CREATED TO FURTHER THE SUSTAINABILITY AND LAND INITIATIVE IN THE SCHOOL'S MISSION. THE FARM OPERATION SUPPLIES FOOD FOR THE SCHOOL'S DINING HALL, AS WELL AS THE SURROUNDING COMMUNITY.
    Expenses $243,275 · revenue $11,188

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-4421101
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1958
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B500)
Assets (IRS master file)
$78,935,418
Income (IRS master file)
$24,688,333

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990-TJune 2025–––IRS
990June 2024–––IRS
990-TJune 2024–––IRS
990June 2023$6,571,541$8,830,611$69,487,032IRS
990-TJune 2023–––IRS
990June 2022$8,481,210$7,373,480$66,975,607IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about METHODIST THEOLOGICAL SCHOOL IN OHIO

What is the EIN of METHODIST THEOLOGICAL SCHOOL IN OHIO?
The employer identification number (EIN) of METHODIST THEOLOGICAL SCHOOL IN OHIO is 31-4421101.
Is METHODIST THEOLOGICAL SCHOOL IN OHIO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
Are donations to METHODIST THEOLOGICAL SCHOOL IN OHIO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does METHODIST THEOLOGICAL SCHOOL IN OHIO 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 METHODIST THEOLOGICAL SCHOOL IN OHIO due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did METHODIST THEOLOGICAL SCHOOL IN OHIO last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of METHODIST THEOLOGICAL SCHOOL IN OHIO?
The 990 for the year ended June 30, 2025 names JAY RUNDELL.
Who are the officers and directors of METHODIST THEOLOGICAL SCHOOL IN OHIO?
The 990 for the year ended June 30, 2025 lists 19 people; 4 received compensation from the organization, the highest $76,349 (JAY RUNDELL, PRESIDENT).
How much revenue does METHODIST THEOLOGICAL SCHOOL IN OHIO have?
On its 990 for the year ended June 30, 2025 it reported revenue of $15,961,761, expenses of $10,260,935 and total assets of $78,935,418 at year end.

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