Dallas Theological Seminary

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 8/7/2020. To update the information in this column, please email: info@ministrywatch.com


Dallas Theological Seminary is an accreditation graduate school offering over 15 degrees on campus and online. Our main campus is located in Dallas, TX but we have branch campuses in Houston and Washington, DC. We also teach at various other sites around the world!

Contact information

Mailing address:
Dallas Theological Seminary
3909 Swiss Avenue
Dallas, TX 75204-6411

Website: dts.edu

Phone: 800-387-9673

Email: admissions@dts.edu

Organization details

EIN: 750827421

CEO/President: Dr. Mark M. Yarbrough

Chairman: Robert Murchison

Board size: 28

Founder: Lewis Sperry Chafer

Year founded: 1941

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1979


DTS is a community of men and women of different ages, denominations, ethnicities, countries of origin, and gifting, joined together by our common faith in the triune God and our common calling to make disciples wherever we go.

Mission statement

The mission of DTS as a professional, graduate-level school is to glorify God by equipping godly servant leaders for the proclamation of his word and the building up of the body of Christ worldwide.

Statement of faith


Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating542 of 81784 of 100
Fund acquisition rating190 of 81724 of 100
Resource allocation rating785 of 81799 of 100
Asset utilization rating479 of 81769 of 100

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Balance sheet
Receivables, inventories, prepaids$9,068,556$9,300,389$10,487,691$7,064,485$9,193,927
Short-term investments$29,824,508$29,018,442$25,055,304$23,453,596$23,493,200
Other current assets$0$0$0$0$0
Total current assets$54,187,622$48,623,043$43,832,656$37,990,174$42,550,848
Long-term investments$4,786,459$4,664,490$5,812,400$6,452,842$7,285,407
Fixed assets$52,264,639$51,009,335$52,663,862$54,071,127$52,597,500
Other long-term assets$515,290$516,158$515,145$945,979$984,121
Total long-term assets$57,566,388$56,189,983$58,991,407$61,469,948$60,867,028
Total assets$111,754,010$104,813,026$102,824,063$99,460,122$103,417,876
Payables and accrued expenses$4,403,221$3,556,818$4,622,139$2,993,376$5,605,108
Other current liabilities$2,557,386$2,494,084$2,407,357$1,891,499$1,615,944
Total current liabilities$6,960,607$6,050,902$7,029,496$4,884,875$7,221,052
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$19,042,930$18,587,849$19,605,757$23,897,360$20,194,384
Total long-term liabilities$32,328,188$32,602,617$34,297,353$39,247,625$36,173,267
Total liabilities$39,288,795$38,653,519$41,326,849$44,132,500$43,394,319
Net assets20192018201720162015
Temporarily restricted$17,567,033$10,442,581$8,968,330$8,325,429$21,124,766
Permanently restricted$22,513,622$21,798,401$21,195,105$20,502,458$19,422,274
Net assets$72,465,215$66,159,507$61,497,214$55,327,622$60,023,557
Revenues and expenses
Total contributions$22,232,501$16,023,956$16,224,341$16,123,544$21,945,258
Program service revenue$24,448,560$23,789,019$23,136,764$21,418,856$21,195,938
Membership dues$0$0$0$0$0
Investment income$1,240,851$1,138,277$1,166,217$655,846$1,608,059
Other revenue$490,048$596,947($73,951)($89,449)$9,064
Total other revenue$26,179,459$25,524,243$24,229,030$21,985,253$22,813,061
Total revenue$48,411,960$41,548,199$40,453,371$38,108,797$44,758,319
Program services$25,538,838$24,869,022$25,816,210$26,534,650$25,184,839
Management and general$12,185,731$11,272,295$10,430,767$13,352,426$11,890,174
Total expenses$41,081,382$39,393,992$39,216,070$42,181,485$39,462,872
Change in net assets20192018201720162015
Surplus (deficit)$7,330,578$2,154,207$1,237,301($4,072,688)$5,295,447
Other changes in net assets$0$0$0$0$0
Total change in net assets$7,330,578$2,154,207$1,237,301($4,072,688)$5,295,447


Mark BaileyPresident$335,086
Mark YarbroughVP Academic Affairs Academic$212,901
Dale LarsonTreasurerVP Business & Finan$183,942
Glenn KreiderProf Theological Studies$170,506
Kim TillVP Advancement$162,407
Robert RiggsSecretaryVP Operations$159,517
Michael BurerAssociate Professor New Testa$144,787
Greg HatteburgDean EnrollmentAlumni Svc$137,652
Darrell BockProfExec Dir Cultural Engag$129,501
John HannahProf Historical Theology$120,297
Stephen GoldingBoard memberFormer Pres DSF$17,758
Anthony EvansBoard member$3,150
Frank Glover JrBoard member$500

Compensation data as of: 6/30/2019

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 8/7/2020. To update the information below, please email: info@ministrywatch.com


In the fall of 1924 the first student body of Dallas Theological Seminary met to study under the noted Bible teacher, Dr. Lewis Sperry Chafer. This class of thirteen students was the result of Dr. Chafer's burden and vision to found a seminary that would emphasize expository preaching and teaching of the Scriptures. In 1935 the seminary pioneered the four-year Master of Theology (ThM) degree, which is a year longer than the three-year Master of Divinity (MDiv) offered at most other seminaries. The ThM gives all the essential theological courses offered in a three-year curriculum with additional emphasis in systematic theology, Hebrew and Old Testament exegesis, Greek and New Testament exegesis, and Bible exposition. In 1974 the seminary instituted the two-year Master of Arts (MA) program in Biblical Studies for students whose ministries would not require the in-depth language training of the ThM program (name changed to Master of Arts [Christian Studies] MACS in 2015). The Doctor of Ministry (DMin) degree began in 1980 to provide further pastoral training for seminary graduates to meet the changing demands of ministry. In 1982 the seminary began the MA in Christian Education so students could receive specialized training for Christian ministries. In 1987 the MA program in Cross-cultural Ministries was inaugurated to give specialized missions training. In 1993 the seminary launched a three-year MA in Biblical Counseling (MABC) degree program and a two-year MA in Biblical Exegesis and Linguistics (MABEL) degree program. The latter program is offered jointly with the Dallas International University located in south Dallas. In 2005 the seminary launched the MA in Media and Communication (MAMC) degree program for those interested in employing the media arts in ministry (name changed to Master of Arts in Media Arts and Worship in 2013). In 2011 the seminary began offering the Master of Arts in Christian Leadership (MACL) degree program. The Master of Biblical and Theological Studies (MBTS) program and the academic Master of Arts degree with majors in Old Testament Studies, New Testament Studies, and Theological Studies began in 2015. Throughout the seminary's history it has steadfastly maintained its allegiance to biblical truth. A doctrinal statement articulates the beliefs of DTS, and each year the faculty and members of the boards reaffirm their agreement with this statement.

Program accomplishments