Grace to You/ John MacArthur

Summary

Grace to You ("GTY") is the Bible-teaching media ministry of John MacArthur. A nonprofit organization, GTY is a member of the Evangelical Council for Financial Accountability (ECFA). Contributions to Grace to You are fully tax deductible to the extent allowed by law.


Contact information

Mailing address:
28001 Harrison Parkway
Valencia, CA 91355-1355

Website: www.gty.org

Phone: (661) 295-5777

Email: letters@gty.org


Organization details

EIN: 953846510

CEO/President: Mr. John F. MacArthur, Jr.

Chairman: Mr. John F. MacArthur, Jr.

Board size: 12

Founder: Mr. John F. MacArthur, Jr.

Year founded: 1986

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1988


Purpose

Grace to You uses mass media to expose John's teaching to as wide an audience as possible "for the equipping of the saints for the work of service, to the building up of the body of Christ; until we all attain to the unity of the faith, and of the knowledge of the Son of God, to a mature man, to the measure of the stature which belongs to the fullness of Christ" (Ephesians 4:12-13, NASB).

One of our principal tasks is to protect believers from being "tossed here and there by waves and carried about by every wind of doctrine, by the trickery of men, by craftiness in deceitful scheming" (Ephesians 4:14). We accept the God-given responsibility of "speaking the truth in love" (Ephesians 4:15) and strive for the growth of the church and glory of the Lord, rather than the praise and honor of men.

Our role is not to supplant the local church's ministry but to support it by providing additional resources for those hungering for the truth of God's Word. Media ministries can never replace involvement in a biblical church, studying the Bible in a small group, or interacting with a teacher. That said, we still sense the need for more in-depth resources, evidenced by the many Christians and Christian leaders worldwide who depend on our ministry to supplement their own studies.

Our desire is that God be glorified through Grace to You's resources. The Lord Jesus Christ is the head of this ministry, and we want to perform our work as unto Him, to reflect Him to all those we encounter, and to operate not in our own strength but through His power (Philippians 4:13).


Mission statement

Grace to You uses the following to communicate its mission:

As believers committed to God and walking in obedience to Him, we affirm the purpose of Grace to You, which is to teach biblical truth with clarity, taking advantage of various means of mass communications to expand the sphere of John MacArthur's teaching ministry.


Statement of faith

Preface to the doctrinal statement of Grace to You:

    Recognizing that the Bible is the very Word of the Living God to man, and understanding the priority of knowing and obeying its truths, Grace to You is committed to teaching Scripture with diligence and authority. Thus, the central ministry of Grace to You is the continuous imparting of biblical truth to the people of God that they may become equipped to do the work of the ministry. This statement presents our convictions regarding the theological truths of the Bible, built on years of study and teaching. They are the primary doctrines of the Christian faith, and they reflect the heart of the teaching of Grace to You.
To read the full doctrinal statement, please visit www.gty.org/about#doctrines.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating209 of 66016 of 51
Fund acquisition rating113 of 66212 of 52
Resource allocation rating273 of 66224 of 52
Asset utilization rating411 of 66026 of 51

Click here to read Grace to You/ John MacArthur's response to our ratings


Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%3%3%2%2%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%2%3%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%89%88%90%85%87%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%3%3%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%11%12%10%15%13%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%83%83%84%85%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
102%89%95%82%92%96%
Program output ratio Program output ratio =
Program services /
Total revenue
82%74%79%69%78%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
-2%11%5%18%8%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
-2%12%5%20%11%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%14%14%14%13%13%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.980.860.960.871.121.17
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.491.241.301.401.501.55
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.051.071.241.221.671.82
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
5.8114.4716.1715.9210.329.80
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.150.070.060.060.100.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.3410.439.079.196.495.93
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%6%5%4%6%7%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
62%109%100%109%84%80%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$7,633,590$6,804,442$7,738,451$9,803,923$8,201,235
Receivables, inventories, prepaids$1,362,846$1,040,674$1,097,781$1,113,914$1,001,303
Short-term investments$9,673,254$7,551,847$5,152,663$0$0
Other current assets$2,084,781$1,994,255$1,328,997$726,674$835,944
Total current assets$20,754,471$17,391,218$15,317,892$11,644,511$10,038,482
Long-term investments$0$0$0$0$0
Fixed assets$5,022,837$5,202,261$5,291,073$5,053,567$4,844,483
Other long-term assets$0$0$834,242$745,013$654,779
Total long-term assets$5,022,837$5,202,261$6,125,315$5,798,580$5,499,262
Total assets$25,777,308$22,593,479$21,443,207$17,443,091$15,537,744
 
Liabilities20192018201720162015
Payables and accrued expenses$1,197,102$1,055,366$961,936$1,127,910$1,024,475
Other current liabilities$237,647$19,870$0$0$0
Total current liabilities$1,434,749$1,075,236$961,936$1,127,910$1,024,475
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$1,434,749$1,075,236$961,936$1,127,910$1,024,475
 
Net assets20192018201720162015
Unrestricted$23,625,223$21,518,243$20,283,939$16,231,068$13,967,158
Temporarily restricted$717,336$0$197,332$84,113$546,111
Permanently restricted$0$0$0$0$0
Net assets$24,342,559$21,518,243$20,481,271$16,315,181$14,513,269
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$22,372,413$19,913,740$20,608,082$18,040,936$16,530,644
Program service revenue$1,719,878$1,949,837$1,722,838$2,818,761$2,086,409
Membership dues$0$0$0$0$0
Investment income$0$0$0$0$0
Other revenue$964,568$751,020$587,727$402,022$403,830
Total other revenue$2,684,446$2,700,857$2,310,565$3,220,783$2,490,239
Total revenue$25,056,859$22,614,597$22,918,647$21,261,719$19,020,883
 
Expenses20192018201720162015
Program services$18,543,550$17,876,380$15,762,638$16,494,775$15,497,493
Management and general$3,127,318$3,013,661$2,538,869$2,559,918$2,340,389
Fundraising$561,675$687,584$451,050$405,114$407,970
Total expenses$22,232,543$21,577,625$18,752,557$19,459,807$18,245,852
 
Change in net assets20192018201720162015
Surplus (deficit)$2,824,316$1,036,972$4,166,090$1,801,912$775,031
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,824,316$1,036,972$4,166,090$1,801,912$775,031

Response from ministry

Grace to You wants you to honestly and wisely manage the resources God entrusts to you. Likewise, our commitment as an organization is one of absolute financial integrity. We faithfully steward whatever the Lord gives us, knowing that we are accountable to Him. That is our pledge. That is our expectation.

With that in mind, you may be surprised that Grace to You has not received the highest possible star rating from Ministry Watch. From our perspective, that lower rating does not tell the complete story. Rather, it is an indicator of the limitations-understandable limitations-of data collection and data interpretation. The fact is, metrics that would seem to indicate poor financial stewardship can, upon closer inspection, actually indicate prudent financial planning.

By way of example, our board of directors has deemed it wise for Grace to You to increase our cash reserves. The simple reason: having additional cash puts us in a better position to continue our work during economic recessions, which are always likely. We consider increasing those reserves to be a reasonable safeguard, even a vital stewardship strategy-though it does result in a lower rating from Ministry Watch.

Again, Grace to You takes seriously our God-given responsibility to be a wise, honorable steward of the resources entrusted to us by our faithful supporters. Grace to You is member of the Evangelical Council for Financial Accountability, a group of religious and educational organizations committed to fiscal integrity. Every year, an independent auditing firm audits GTY and prepares a financial statement, the most recent copy of which is available at gty.org.

The Grace to You management team also meets regularly to plan and oversee ministry business. The board of directors meets semiannually to provide general guidance, and directives as required, for the management team. Wise, stable leadership has been God's gift to Grace to You, helping ensure its faithful stewardship of biblical truth. Guided by that strong leadership and enabled by its generous supporters, Grace to You effectively converts financial resources into spiritual resources for the benefit of millions of people worldwide.

John MacArthur has always been eager to tell about what God is doing in and through Grace to You. He regularly updates listeners and viewers via radio and television broadcasts, and his monthly letters always include current ministry news. By God's grace, the news continues to be good, as we see Him doing "exceedingly abundantly above all that we ask or think" (Ephesians 3:20).


History


Program accomplishments

That God is blessing our work is clear. Some significant evidence:

  • Listeners, viewers, and website users tell us every day how Grace to You is helping them better understand the Bible.
  • People on our mailing list request thousands of free Bible-teaching CDs or books every month.
  • Internet users download nearly two million sermon MP3s per month from our website.
  • Men and women who have benefited from our ministry to them are supporting us financially, connecting people near and far with Bible teaching they might not get any other way.

Needs