Bible Project 
The information on this page was last updated 5/18/2023. If you see errors or omissions, please email: [email protected]
Summary
BibleProject is a nonprofit ed-tech organization and animation studio that produces 100% free Bible videos, podcasts, blogs, classes, and educational Bible resources to help make the biblical story accessible to everyone, everywhere.
From page one to the final word, we believe the Bible is a unified story that leads to Jesus. This diverse collection of ancient books overflows with wisdom for our modern world. As we let the biblical story speak for itself, we believe the message of Jesus will transform individuals and entire communities.
Many people have misunderstood the Bible as a collection of inspirational quotes or a divine instruction manual dropped from heaven. Most of us gravitate toward sections we enjoy while avoiding parts that are confusing or even disturbing.
Contact information
Mailing address:
Bible Project
PO Box 14278
Portland, OR 97293
Website: bibleproject.com
Phone:
Email: [email protected]
Organization details
EIN: 464277592
CEO/President: Steve Atkinson
Chairman: Jon Collins
Board size: 5
Founder: Tim Mackie and Jon Collins
Ruling year: 2014
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Our Bible resources help people experience the Bible in a way that is approachable, engaging, and transformative. We do this by showcasing the literary art of the Scriptures and tracing the themes found in them from beginning to end. Rather than taking the stance of a specific tradition or denomination, we create materials to elevate the Bible for all people and draw our eyes to its unified message.
Mission statement
Our mission is to help people experience the Bible as a unified story that leads to Jesus.
Statement of faith
The BibleProject founders, board, and directors hold to the historic orthodox Christian confession that God is Father, Son, and Holy Spirit, and Jesus came to rescue humanity by living and dying for the world's sins, and was raised on our behalf. We believe that the Scriptures are an authoritative divine and human word that give us wisdom about the salvation that comes through faith in Jesus.
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Educational Media
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 260 of 1074 | 10 of 47 |
| Fund acquisition rating | | 42 of 1075 | 1 of 47 |
| Resource allocation rating | | 627 of 1075 | 27 of 47 |
| Asset utilization rating | | 470 of 1074 | 24 of 47 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 0% | 0% | 0% | 6% | 2% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 7% | 0% | 0% | 0% | 5% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 94% | 101% | 100% | 100% | 90% | 98% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 7% | 0% | 0% | 1% | 8% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 6% | -1% | 0% | 0% | 10% | 2% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 79% | 81% | 78% | 75% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 87% | 67% | 84% | 52% | 68% | 74% |
Program output ratio Program output ratio = Program services / Total revenue | 69% | 53% | 68% | 40% | 51% | 62% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 13% | 33% | 16% | 48% | 32% | 26% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 21% | 41% | 20% | 57% | 59% | 51% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 21% | 19% | 22% | 17% | 13% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.79 | 0.79 | 0.99 | 0.59 | 1.18 | 1.41 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.65 | 1.27 | 1.40 | 1.53 | 1.13 | 1.01 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.34 | 1.01 | 1.38 | 0.91 | 1.34 | 1.43 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.47 | 20.91 | 15.00 | 21.24 | 21.44 | 0.00 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.05 | 0.07 | 0.05 | 0.05 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.32 | 11.34 | 8.11 | 12.60 | 8.55 | 8.40 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 12% | 4% | 5% | 3% | 4% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 104% | 122% | 96% | 163% | 81% | 69% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $9,852,871 | $4,953,472 | $3,582,481 | $1,505,181 | $896,721 |
| Receivables, inventories, prepaids | $506,136 | $505,632 | $465,751 | $472,209 | $16 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $10,359,007 | $5,459,104 | $4,048,232 | $1,977,390 | $896,737 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $968,003 | $661,609 | $576,816 | $256,841 | $10,722 |
| Other long-term assets | $1,862,979 | $1,507,733 | $1,565,919 | $0 | $0 |
| Total long-term assets | $2,830,982 | $2,169,342 | $2,142,735 | $256,841 | $10,722 |
| Total assets | $13,189,989 | $7,628,446 | $6,190,967 | $2,234,231 | $907,459 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $495,455 | $363,950 | $190,599 | $92,236 | $0 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $495,455 | $363,950 | $190,599 | $92,236 | $0 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $21,696 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $21,696 |
| Total liabilities | $495,455 | $363,950 | $190,599 | $92,236 | $21,696 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $12,446,382 | $7,264,496 | $6,000,368 | $2,141,995 | $885,763 |
| With donor restrictions | $248,152 | $0 | $0 | $0 | $0 |
| Net assets | $12,694,534 | $7,264,496 | $6,000,368 | $2,141,995 | $885,763 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $15,800,269 | $9,003,973 | $7,101,375 | $3,500,195 | $1,694,827 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $28,302 | $41,144 | $9,316 | $4,262 | $1,485 |
| Other revenue | ($208,848) | ($80,560) | ($27,782) | $397,020 | $35,091 |
| Total other revenue | ($180,546) | ($39,416) | ($18,466) | $401,282 | $36,576 |
| Total revenue | $15,619,723 | $8,964,557 | $7,082,909 | $3,901,477 | $1,731,403 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $8,263,733 | $6,097,799 | $2,858,462 | $1,995,600 | $1,082,107 |
| Management and general | $2,172,981 | $1,422,667 | $791,299 | $438,267 | $170,223 |
| Fundraising | $0 | $15,564 | $24,651 | $211,379 | $28,183 |
| Total expenses | $10,436,714 | $7,536,030 | $3,674,412 | $2,645,246 | $1,280,513 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $5,183,009 | $1,428,527 | $3,408,497 | $1,256,231 | $450,890 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $5,183,009 | $1,428,527 | $3,408,497 | $1,256,231 | $450,890 |
Compensation
| Name | Title | Compensation |
| Tim Mackie | Secretary/Director | $178,840 |
| Jonathan Collins | President/Director | $176,891 |
| Steve Atkinson | CEO | $172,903 |
| Josh Eddleman | Chief People Officer | $162,049 |
| Jon Dobson | Cto | $145,647 |
| Joel Paul | CFO | $123,553 |
| Rudy Bellani | COO | $61,359 |
Compensation data as of: 12/31/2020
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 5/18/2023. To update the information below, please email: [email protected]
History
Timothy Mackie and Jonathan Collins (long-time friends and one-time roommates at Multnomah University) were tossing around ideas on how to help people read through Scripture while avoiding the common pitfalls and misunderstandings. How could complex themes of the Bible be presented in a way that was real and unapologetic but approachable?
Combining Tim's deep biblical understanding and Jon's passion for visual storytelling, they created their first two videos in 2014 and put them online for free.
Less than six years later, we have over 150 videos and 200 podcasts, which can all be viewed on our website, The Bible App, YouTube, Vimeo, and more. We have over 100 million views across all of our media channels in over 200 countries, and we have over two million subscribers worldwide.
Viewership is evenly distributed between ages 18 to 45. We are inspiring the next generation to explore the Bible through the mediums in which they have been raised, visual storytelling and technology.