Dallas Theological Seminary

The information on this page was last updated 3/16/2023. If you see errors or omissions, please email: [email protected]


Dallas Theological Seminary is a non-denominational evangelical seminary in Dallas, Texas, with satellite campuses and regional locations throughout the United States and the world.

Contact information

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

Website: dts.edu

Phone: 800-387-9673

Email: [email protected]

Organization details

EIN: 750827421

CEO/President: Dr. Mark M. Yarbrough

Chairman: Grant A. Switzer

Board size: 34

Founder: Lewis Sperry Chafer

Ruling year: 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

Founded in 1924, our mission 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


Donor confidence score

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Transparency grade


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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating1017 of 1074125 of 130
Fund acquisition rating938 of 1075119 of 130
Resource allocation rating1041 of 1075125 of 130
Asset utilization rating702 of 107491 of 130

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Balance sheet
Receivables, inventories, prepaids$7,739,796$8,938,928$9,068,556$9,300,389$10,487,691
Short-term investments$35,586,704$30,630,234$29,824,508$29,018,442$25,055,304
Other current assets$0$0$0$0$0
Total current assets$61,731,437$63,058,347$54,187,622$48,623,043$43,832,656
Long-term investments$6,021,381$4,783,650$4,786,459$4,664,490$5,812,400
Fixed assets$62,231,552$53,224,193$52,264,639$51,009,335$52,663,862
Other long-term assets$1,717,829$1,915,130$515,290$516,158$515,145
Total long-term assets$69,970,762$59,922,973$57,566,388$56,189,983$58,991,407
Total assets$131,702,199$122,981,320$111,754,010$104,813,026$102,824,063
Payables and accrued expenses$4,783,556$6,740,898$4,403,221$3,556,818$4,622,139
Other current liabilities$2,680,404$2,610,457$2,557,386$2,494,084$2,407,357
Total current liabilities$7,463,960$9,351,355$6,960,607$6,050,902$7,029,496
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$18,283,439$23,887,995$19,042,930$18,587,849$19,605,757
Total long-term liabilities$30,035,464$36,424,231$32,328,188$32,602,617$34,297,353
Total liabilities$37,499,424$45,775,586$39,288,795$38,653,519$41,326,849
Net assets20212020201920182017
Without donor restrictions$52,143,844$32,028,287$32,384,560$33,918,525$31,333,779
With donor restrictions$42,058,931$45,177,447$40,080,655$32,240,982$30,163,435
Net assets$94,202,775$77,205,734$72,465,215$66,159,507$61,497,214
Revenues and expenses
Total contributions$20,140,975$26,982,837$22,232,501$16,023,956$16,224,341
Program service revenue$25,546,985$24,604,533$24,448,560$23,789,019$23,136,764
Membership dues$0$0$0$0$0
Investment income$954,695$1,065,736$1,240,851$1,138,277$1,166,217
Other revenue$288,923($22,656)$490,048$596,947($73,951)
Total other revenue$26,790,603$25,647,613$26,179,459$25,524,243$24,229,030
Total revenue$46,931,578$52,630,450$48,411,960$41,548,199$40,453,371
Program services$28,179,508$28,212,000$25,538,838$24,869,022$25,816,210
Management and general$12,907,391$13,202,131$12,185,731$11,272,295$10,430,767
Total expenses$44,249,380$44,964,514$41,081,382$39,393,992$39,216,070
Change in net assets20212020201920182017
Surplus (deficit)$2,682,198$7,665,936$7,330,578$2,154,207$1,237,301
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,682,198$7,665,936$7,330,578$2,154,207$1,237,301


Mark BaileyFormer President$586,818
Mark YarbroughPresident$287,666
Dale LarsonTreasurerVP Finance$187,776
Glenn KreiderProfessor$187,035
Robert RiggsSecretaryVP Operations$186,570
Kim TillVP Development$169,073
Greg HatteburgDean AlumniEnrollment Svc$158,814
Ron AllenProfessor$157,612
Drew WilliamsDirector of Housing$146,966
Anthony EvansBoard member$500
Brian FisherRegent$500

Compensation data as of: 6/30/2021

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 3/16/2023. To update the information below, please email: [email protected]


Dallas Theological Seminary was founded out of a desire to preserve the centrality of the Bible and its authority as the theological foundation for pastors and teachers to serve the Lord's church. Throughout the decades, DTS has pursued the goals of our founders by preparing God's servants for ministry that now encompasses the earth.

In 1924, ever-increasing rationalistic tendencies characterized the Modern era and liberal theological perspectives swept through academia and many churches. Sadly, while revisionists attempted to retain the relevance of Christianity in a secular society, they did so by redefining essential doctrines concerning the mission of Christ, leading to the distortion of historic Christian orthodoxy. Some pursued counteraction against the movement through polemics; Lewis Sperry Chafer countered by establishing an institution where students could receive conservative, traditional theological training and learn to communicate the Scriptures in the context of the twentieth century and beyond.

Before founding DTS, Chafer had invested more than thirty years traveling throughout the United States, initially as an evangelist and then as a Bible teacher. He encountered numerous pastors and students throughout his travels; these pastors and students desired a more thorough education in biblical exposition and interpretation methods. Their expressed concerns influenced Chafer to create a curriculum centered on the study of the Bible. A premillennial, dispensational understanding of Scripture and the training of students in the exposition of the Word became central to the foundation of the seminary because of Chafer's mentor, C. I. Scofield. These theological distinctives and an emphasis on the development of the spiritual life distinguished the curriculum of DTS.

Several meetings between 1921 and 1922 catalyzed the formation of DTS. Throughout the process, a pivotal conversation took place between W. H. Griffith Thomas, a prominent conservative Anglican scholar; A. B. Winchester, a Canadian minister; and Chafer. They gathered at the Piedmont Hotel in Atlanta, Georgia, and discussed the details of a new adventure in theological training. Other figures who shaped the early years of the seminary included Chafer's brother, Rollin T. Chafer, who served both as an administrative officer and instructor, and William M. Anderson Jr., pastor of First Presbyterian Church in Dallas. Anderson was instrumental in Chafer's decision to locate the seminary in Dallas, and his church housed the seminary's earliest classroom. Anderson also served on the faculty. After years of planning, the seminary was established in 1924 with the first class graduating in 1927.

Since its inception, DTS has emphasized expository preaching and teaching of the Scriptures according to the plain, normal, historical meaning of the words in their original languages. The fruit of Chafer's vision, a seminary where the central textbook is the Word of God, continues to impact the world through its legacy of alumni who demonstrate what it means to teach truth and love well.

Program accomplishments