Luther Classical College

Tax-deductible

Casper, WY501(c)(3)Colleges & UniversitiesEIN 86-1430466Revenue $3.6M in FY2024

On file with the IRSlutherclassical.org514 S Beech St, 82601-3107 · Casper, WYTax-exempt since Nov 2021School — 170(b)(1)(A)(ii)

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The College will provide a conservative, Classical lutheran education to students. Paramount will be the promotion of christian culture, a stress on the priority of christian marriage, family, and piety, and a cultivation of confessional lutheran theology, liturgy, hymnody, and identity. With courses using the "great books" of the past for the core curriculum, the College will offer latin, history, theology, literature, logic, rhetoric, music, geometry, biology, and mathematics, all within a purposefully christian and lutheran framework.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
$344K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $1.3M a year · 62% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$344K
to officers and key staff · 26% of spending
Top officer’s pay lower than 52% of similar orgs
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$346K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.6M
+82% vs prior year
Spent
$1.3M
To programs
56%
Net assets
$3.9M
By yearFY2022–FY2024
Revenue
$3.6M
FY2024▲ +82%
Tap a bar for its year
Revenue by fiscal year
FY2022$626K
FY2023$2.0M
FY2024$3.6M
Expenses
$1.3M
FY2024▲ +81%
Tap a bar for its year
Expenses by fiscal year
FY2022$238K
FY2023$735K
FY2024$1.3M
Net assets
$3.9M
FY2024▲ +130%
Tap a bar for its year
Net assets by fiscal year
FY2022$478K
FY2023$1.7M
FY2024$3.9M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $750K Management & general 14% · $184K Fundraising 30% · $398K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $344K paid to officers and key staff.

Part VII, Section A · reportable compensation
Academic Dea
$122,944Pt VII · Sec A
Dir. of Adva
$108,663Pt VII · Sec A
President
$66,594Pt VII · Sec A
$45,486Pt VII · Sec A
$0Pt VII · Sec A
Regent
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ryan Macpherson’s $123K as Academic Dea is at the 48th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Luther Classical College executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers a conservative, classical Lutheran education emphasizing Christian culture, family, and theology through Great Books.

Provided by the organization

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1 program · $750K · in their own filed words · FY2024
01

Establishing an identity by preparing for courses using the "great books" of the past for the core curriculum, the college will offer latin, history, theology, literature, logic, rhetoric, music, geometry, biology, and mathematics, all within a purposefully christian and lutheran framework.

$750Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.6M
Ln 12
Gifts and grantsLn 1h$3.4M
Investment incomeLn 3$83K
Other incomeLn 4–11$17K
Money outPt IX
$1.3M
Ln 25
Programscol B$750K
Managementcol C$184K
Fundraisingcol D$398K
Owns and owesPt X
$3.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$4.3M
LiabilitiesLn 26$346K
PeoplePt VI, VII
18
listed · VII A
PaidVII A4
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.4M
Noncash giftsLn 1g$261K
Fees for servicesLn 2g$2K
Investment incomeLn 3$83K
Other incomeLn 4–11$17K
Gains on assetsLn 7$7K
Total revenueLn 12$3.6M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$712K
Land, buildings, equipmentLn 10c$2.2M
Total assetsLn 16$4.3M
LiabilitiesLn 26$346K
Net assetsLn 32$3.9M
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$539K$1.1M
InvestmentsLn 11–13$903K$712K
Land, buildings, equipmentLn 10c$175K$2.2M
Total assetsLn 16$1.8M$4.3M
LiabilitiesLn 26$65K$346K
Net assetsLn 32$1.7M$3.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$112K$67K$17K$27K
Pay of disqualified personsLn 6$81K$49K$13K$20K
Other salaries and wagesLn 7$569K$337K$66K$165K
Other employee benefitsLn 9$350$210$55$85
Payroll taxesLn 10$55K$33K$9K$13K
Accounting feesLn 11c$11K$11K
Professional fundraising feesLn 11e$54K$54K
Other fees for servicesLn 11g$44K$36K$8K
Advertising and promotionLn 12$125K$87K$37K
Office expensesLn 13$33K$13K$13K$7K
Information technologyLn 14$68K$27K$17K$24K
OccupancyLn 16$33K$20K$4K$9K
TravelLn 17$72K$36K$36K
Conferences, conventions and meetingsLn 19$35K$35K
InterestLn 20$8K$8K
InsuranceLn 23$19K$7K$6K$6K
Other expenses (24a–d)Ln 24$14K$2K$12K
Total functional expensesLn 25$1.3M$750K$184K$398K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.6M$1.3M$2.2M$3.9M 990 PDF
FY2023 $2.0M$735K$1.2M$1.7M 990 PDF
FY2022 $626K$238K$387K$478K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $3,550,295 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,943,763$3,447,180
I-9 Program service revenue$2,475
I-10 Investment incomePrior year $8,735$83,339
I-11 Other revenuePrior year $2,155$17,301
I-12 Total revenuePrior year $1,954,653$3,550,295
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $179,136$817,080
I-16a Professional fundraising feesPrior year $272,470$54,039
I-17 Other expensesPrior year $283,786$460,718
I-18 Total expensesPrior year $735,392$1,331,837
I-19 Revenue less expensesPrior year $1,219,261$2,218,458
Part VI · Governance 14 of 14 board members independent, 2 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,550,295 across 8 lines filed
VIII-1f All other contributions, gifts and grants$3,447,180
VIII-1g Noncash contributions (included above)$260,939
VIII-1h Total contributions, gifts and grants$3,447,180
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,475$2,475
VIII-3 Investment incomeExcluded from tax $76,701$76,701
VIII-7 Net gain or loss on sales of assetsExcluded from tax $6,638$6,638
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $17,301$17,301
VIII-12 Total revenueRelated to mission $2,475 · Excluded from tax $100,640$3,550,295
Part IX · Statement of functional expenses $1,331,837 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $67,379 · Management $17,483 · Fundraising $27,218$112,080
IX-6 Pay of disqualified personsPrograms $48,710 · Management $12,639 · Fundraising $19,677$81,026
IX-7 Other salaries and wagesPrograms $336,951 · Management $66,470 · Fundraising $165,229$568,650
IX-9 Other employee benefitsPrograms $210 · Management $55 · Fundraising $85$350
IX-10 Payroll taxesPrograms $33,049 · Management $8,575 · Fundraising $13,350$54,974
IX-11c Accounting feesManagement $10,864$10,864
IX-11e Professional fundraising feesFundraising $54,039$54,039
IX-11g Other fees for servicesPrograms $36,022 · Management $7,719$43,741
IX-12 Advertising and promotionPrograms $87,423 · Fundraising $37,467$124,890
IX-13 Office expensesPrograms $13,166 · Management $13,166 · Fundraising $6,583$32,915
IX-14 Information technologyPrograms $27,094 · Management $16,934 · Fundraising $23,707$67,735
IX-16 OccupancyPrograms $19,840 · Management $4,412 · Fundraising $9,182$33,434
IX-17 TravelPrograms $35,865 · Fundraising $35,865$71,730
IX-19 Conferences, conventions and meetingsPrograms $34,900$34,900
IX-20 InterestManagement $7,937$7,937
IX-23 InsurancePrograms $7,458 · Management $5,593 · Fundraising $5,593$18,644
IX-24 Other expenses (24a–d)Programs $2,133 · Management $11,795$13,928
IX-25 Total functional expensesPrograms $750,200 · Management $183,642 · Fundraising $397,995$1,331,837
Part X · Balance sheet $4,265,602 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $538,607$1,109,239
X-3 Pledges and grants receivableStart of year $148,573$233,518
X-8 Inventories for sale or use$10,840
X-9 Prepaid expenses and deferred charges$17,925
X-10c Land, buildings and equipment, netStart of year $175,374$2,182,375
X-11 Publicly traded securitiesStart of year $903,059$711,705
X-16 Total assetsStart of year $1,765,613$4,265,602
X-17 Accounts payable and accrued expensesStart of year $64,763$98,598
X-19 Deferred revenue$11,000
X-26 Total liabilitiesStart of year $64,763$346,294
X-27 Net assets without donor restrictionsStart of year $1,269,233$3,576,495
X-28 Net assets with donor restrictionsStart of year $431,617$342,813
X-32 Total net assets or fund balancesStart of year $1,700,850$3,919,308
X-33 Total liabilities and net assetsStart of year $1,765,613$4,265,602
Part XI · Reconciliation of net assets $3,919,308 net assets at year end
XI-1 Total revenue$3,550,295
XI-2 Total expenses$1,331,837
XI-3 Revenue less expenses$2,218,458
XI-4 Net assets at start of year$1,700,850
XI-10 Net assets at end of year$3,919,308

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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