Tuition and Fees represented only 56 percent of total income. By keeping this percentage down, we
give our students the opportunity to pursue a more affordable education. Contributions represent the
next largest segment of total income at 29 percent.
The Seminary exhibits a high level of efficiency by spending only 8 percent of its budget on general and
administrative expenses and 8 percent on fundraising. This allows us to commit more to educational
programs (60% of spending) and student services (14%).
13
EXPENSES
REVENUE AND
Denver Seminary
Functional Expenses 2014-15
($11,904,229)
$1,757,164
15%
$6,633,692
$1,262,683
$148,209
$337,987
$2,180,149
$787,744
$386,770
56%
11%
1%
3%
19%
7%
3%
Denver Seminary
Total Income 2014-15
($11,737,234)
Unrestricted Revenues in Green
Restricted Revenues in Blue
Net Tuition and Fees
Auxiliary Income
Unrestricted
Contributions
Investment Income
Temporarily Restricted
Gifts
Permanently Restricted
Gifts
Restricted Earnings
Instruction
Academic Support
Student Services
Institutional
Support
Auxiliary
Enterprises
Advancement
Public Service
$5,345,580
45%
$1,666,978
14%
$975,075
$905,645
$915,964
$337,823
8%
7%
8%
3%
