{"id":13,"date":"2019-06-25T00:59:30","date_gmt":"2019-06-25T00:59:30","guid":{"rendered":"https:\/\/www.luthersem.edu\/giving\/?page_id=13"},"modified":"2025-11-19T20:49:11","modified_gmt":"2025-11-19T20:49:11","slug":"balance-sheet","status":"publish","type":"page","link":"https:\/\/www.luthersem.edu\/giving\/annual-report\/balance-sheet\/","title":{"rendered":"Balance Sheet"},"content":{"rendered":"

Luther Seminary and Foundation consolidated balance sheets as of June 30, 2024 and June 30, 2025<\/b><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Assets<\/span><\/h2>\n<\/td>\n

\n

2024<\/span><\/h2>\n<\/td>\n

\n

2025<\/span><\/h2>\n<\/td>\n<\/tr>\n

\n

Current assets<\/h3>\n<\/td>\n

<\/td>\n<\/td>\n<\/tr>\n
Cash and Cash Equivalents<\/td>\n$11,951,995<\/td>\n$8,551,125<\/td>\n<\/tr>\n
Other Current Assets<\/td>\n$648,317<\/td>\n$306,158<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
Total Current Assets<\/strong><\/td>\n$12,600,312<\/strong><\/td>\n$8,857,283<\/strong><\/td>\n<\/tr>\n
\n

Non-current Assets<\/h4>\n<\/td>\n

<\/td>\n<\/td>\n<\/tr>\n
Other assets<\/td>\n$1,996,675<\/td>\n$1,901,520<\/td>\n<\/tr>\n
Investments<\/td>\n$135,495,744<\/td>\n$143,877,825<\/td>\n<\/tr>\n
Student Notes Receivable, Net<\/td>\n$1,887,948<\/td>\n$1,822,113<\/td>\n<\/tr>\n
Land, Buildings, and Equipment, Net<\/td>\n$7,751,070<\/td>\n$7,348,926<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
Total Other Assets<\/strong><\/td>\n$147,131,437<\/strong><\/td>\n$154,950,384<\/strong><\/td>\n<\/tr>\n
\n

Total Assets<\/span><\/h3>\n<\/td>\n

$159,731,749<\/span><\/b><\/td>\n$163,807,667<\/span><\/b><\/td>\n<\/tr>\n
\n

Liabilities and Net Assets<\/h3>\n<\/td>\n<\/tr>\n

\n

Current Liabilities<\/h4>\n<\/td>\n<\/tr>\n

Other Current Liabilities<\/td>\n$3,774,453<\/td>\n$3,081,563<\/td>\n<\/tr>\n
Notes Payable & Line of Credit, Current Portion<\/td>\n$159,726<\/td>\n$166,233<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
Total Current Liabilities<\/strong><\/td>\n$3,934,179<\/strong><\/td>\n $3,247,796<\/strong><\/td>\n<\/tr>\n
\n

Long-Term Liabilities<\/h3>\n<\/td>\n<\/tr>\n

Other Long Term Liabilities<\/td>\n$6,453,499<\/td>\n$5,840,955<\/td>\n<\/tr>\n
Notes Payable, Net of Current Portion<\/td>\n$4,072,014<\/td>\n$3,905,781<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
Total Long-Term Liabilities<\/strong><\/td>\n$10,525,513<\/strong><\/td>\n\u00a0$9,746,736<\/strong><\/td>\n<\/tr>\n
\n

Total Liabilities<\/h3>\n<\/td>\n

$14,459,692<\/b><\/td>\n$12,994,532<\/b><\/td>\n<\/tr>\n
\n

Net assets<\/h3>\n<\/td>\n<\/tr>\n

Without Donor Restrictions<\/td>\n$4,626,230<\/td>\n$3,443,146<\/td>\n<\/tr>\n
With Donor Restrictions<\/td>\n$140,645,827<\/td>\n$147,369,989<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
Total Net Assets<\/strong><\/td>\n$145,272,057<\/strong><\/td>\n$150,813,135<\/strong><\/td>\n<\/tr>\n
\n

Total Liabilities and Net Assets<\/span><\/h3>\n<\/td>\n

$159,731,749<\/span><\/b><\/td>\n$163,807,667<\/span><\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Luther Seminary and Foundation consolidated balance sheets as of June 30, 2024 and June 30, 2025 Assets 2024 2025 Current assets Cash and Cash Equivalents $11,951,995 $8,551,125 Other Current Assets $648,317 $306,158 Total Current Assets $12,600,312 $8,857,283 Non-current Assets Other assets $1,996,675 $1,901,520 Investments $135,495,744 $143,877,825 Student Notes Receivable, Net $1,887,948 $1,822,113 Land, Buildings, and […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":5,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"class_list":{"0":"post-13","1":"page","2":"type-page","3":"status-publish","5":"entry"},"acf":[],"yoast_head":"\nBalance Sheet - Luther Seminary<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.luthersem.edu\/giving\/annual-report\/balance-sheet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Balance Sheet - 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