Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.15x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
41st percentile
Higher net margin than 41% of similar nonprofits.
Top Officer Pay
98th percentile
Higher top officer pay than 98% of similar nonprofits.
Top officer pay equals 29.4% of source-year revenue.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Up$343,729
Up $23,999 (+7.5%) from 2021
Net Assets
Up$293,190
Up $15,819 (+5.7%) from 2021
Liabilities
Up$50,539
Up $8,180 (+19%) from 2021
Revenue And Expenses
Revenue
Up$976,754
Up $50,148 (+5.4%) from 2021
Expenses
Up$960,935
Up $45,890 (+5.0%) from 2021
Net Income
Up$15,819
Up $4,258 (+37%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Apr 26, 2023
- Return Version
- 2021v4.2
- Gross Receipts
- $976,754
Mission and Program Overview
Mission
The jkm library trust comprising its staff, services, systems, functions, materials and virtual resources exists primarily to support the missions and programs of the lutheran school of theology at chicago and mccormick theological seminary.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $298,690 | $310,884 | ▲ $12,194 |
| Accounts Receivable | $15,851 | $27,656 | ▲ $11,805 |
| Prepaid Expenses and Deferred Charges | $4,954 | $4,954 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $235 | $235 | → $0 |
| Total Assets | $319,730 | $343,729 | ▲ $23,999 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $42,359 | $50,539 | ▲ $8,180 |
| Total Liabilities | $42,359 | $50,539 | ▲ $8,180 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $277,371 | $293,190 | ▲ $15,819 |
| Total Net Assets Fund Balance | $277,371 | $293,190 | ▲ $15,819 |
| Total Liabilities and Net Assets / Fund Balance | $319,730 | $343,729 | ▲ $23,999 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $304,945 | $3,468,242 | $3,773,187 |
| Equipment | $5,939 | $199,784 | $205,723 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Steed Davidson | Trustee | - | $135,888 | $135,888 |
| Mark Swanson | Trustee | - | $124,686 | $124,686 |
| David Daniels | Trustee | - | $112,163 | $112,163 |
| Jina Kang | Trustee | - | $104,487 | $104,487 |
| Barry Hopkins | Director/public Services Librarian | FT | $98,633 | $98,633 |
Board Members and Trustees
| Name | Title |
|---|---|
| David Crawford | Chair |
| James R Nieman | Vice Chair |
| Ester Menn | Trustee |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $976,436
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $318
- Change in Net Assets
- $15,819
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $976,754
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Total Revenue per Audited Statements
- $976,754
- Total Revenue per Form 990
- $976,754
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $863,051 |
| Salaries, Compensation, and Employee Benefits | $97,884 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $383,638 | - | - | $383,638 |
| Fees for Services Other | $308,024 | $6,246 | - | $314,270 |
| Depreciation Depletion | $112,186 | - | - | $112,186 |
| Current Officers, Directors, Trustees, and Key Employees | - | $97,884 | - | $97,884 |
| Other Expenses | $28,432 | - | - | $28,432 |
| Office Expenses | $8,594 | $9,834 | - | $18,428 |
| Fees for Services Accounting | - | $3,500 | - | $3,500 |
| Insurance | $2,597 | - | - | $2,597 |
| Total Functional Expenses | $843,471 | $117,464 | $0 | $960,935 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $960,935 |
| Total Expenses per Audited Statements | $960,935 |
| Total Expenses per Form 990 | $960,935 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Audit committee
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 7A
“Two of the standing trustees shall be, ex officio, the persons holding the office of president of lstc and mccormick. Each shall serve as a trustee so long as he or she is holding the office of president at his or her school. One standing trustee shall be appointed by the governing board of each of the schools from among its membership. One standing trustee shall be appointed by the faculty of each of the schools from among its membership.”
Form 990, Part VI, Section B, Line 11B
“The form 990 is prepared by an independent accounting firm and reviewed by management at mccormick theological seminary. Then it is provided to the entire board for comment prior to filing with the irs.”
Form 990, Part VI, Section B, Line 15
“The library director's compensation is reviewed annually by the presidents of the two supporting organizations using two benchmarks: 1.) compensation of library directors from comparable theological schools and 2.) compensation of full professors of the two schools.”
Form 990, Part VI, Section C, Line 19
“Financial statements, governing documents and conflict of interest policy are available upon request.”
FORM 990, PART VI, SECTION B, LINE 14:
“The jkm library trust does not have its own written document retention and destruction policy. However, all the jkm library trust bookkeeping is handled by mccormick theological seminary, who does have a retention and destruction policy. Mccormick theological seminary adheres to its retention and destruction policy for records of both institutions (mccormick theological seminary and jkm library trust).”
FORM 990, PART VI, SECTION B, LINE 13:
“The jkm library trust does not have its own whistleblower policy but each of the two supporting organizations do, and all employees of both supporting organizations including those employees that work in the library are required to sign it.”
Filing and Contact Details
Filer
- Filer Name
- The Jkm Library Trust
- EIN
- 36-7238766
- Phone
- 7739476260
- Address
- 1100 E 55TH ST, CHICAGO, IL 60615-5199
Signing Officer
- Name
- David Crawford
- Title
- President
- Phone
- 7739476260
- Signed
- 2023-04-26
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- David Crawford
- Formed
- 1995
- Legal Domicile
- Il
- Voting Board Members
- 7
- Independent Board Members
- 0
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Baker Tilly US Llp
- Address
- 225 S 6TH ST 2300, MINNEAPOLIS, MN 55402
- Preparer
- Steven Cronk CPA
- Phone
- 6128764500
Supplemental Narrative
Additional Explanations
FORM 990, PART V, LINE 2B:
“Employees of each supporting organization staff the jkm library trust. Thus, the jkm library trust issues no w-2s.”
Form 990, Part IX, Line 11G
“Reimbursed compensation for library employees: program service expenses 308,024. Management and general expenses 6,246. Fundraising expenses 0. Total expenses 314,270.”
FORM 990, PART XII, LINE 2C:
“Neither the oversight process nor the selection process of the independent accountant changed during the tax year.”
Financial Statement Notes
PART X, LINE 2:
“The library follows the accounting standards for contingencies in evaluating uncertain tax positions. The guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the library for uncertain tax positions as of june 30, 2022 and 2021. The library's tax returns are subject to review and examination by federal and state authorities.”
Raw XML AppendixShowing 400 of 515 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 42359 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 50539 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 15851 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 27656 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE JKM LIBRARY TRUST COMPRISING ITS STAFF, SERVICES, SYSTEMS, FUNCTIONS, MATERIALS AND VIRTUAL RESOURCES EXISTS PRIMARILY TO SUPPORT THE MISSIONS AND PROGRAMS OF THE LUTHERAN SCHOOL OF THEOLOGY AT CHICAGO AND MCCORMICK THEOLOGICAL SEMINARY. |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DAVID H CRAWFORD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7739476300 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5460 S UNIVERSITY AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CHICAGO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60615 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 235 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 235 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 97884 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 97884 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 976436 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 863051 |
| IRS990/CYOtherRevenueAmt | 0 | 318 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 15819 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 97884 |
| IRS990/CYTotalExpensesAmt | 0 | 960935 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 976754 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 112186 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 112186 |
| IRS990/Desc | 0 | THE JKM LIBRARY TRUST (THE LIBRARY) PROVIDES A COOPERATIVE THEOLOGICAL LIBRARY OPERATED AND MAINTAINED FOR MCCORMICK THEOLOGICAL SEMINARY AND THE LUTHERAN SCHOOL OF THEOLOGY AT CHICAGO. THE TWO ORGANIZATIONS FUND THE COST OF OPERATIONS AND SHARE MANAGEMENT FUNCTIONS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 843471 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3500 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3500 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 6246 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 308024 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 314270 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 35.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 42676 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 51570 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 19647 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 38014 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 34788 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 29002 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 56982 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 17515 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DAVID CRAWFORD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JAMES R NIEMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | STEED DAVIDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MARK SWANSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JINA KANG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAVID DANIELS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ESTER MENN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BARRY HOPKINS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 244936 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 204124 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 116241 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 86672 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 69699 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 83161 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 101244 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 81118 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR/PUBLIC SERVICES LIBRARIAN |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1995 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 976754 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2597 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2597 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3668026 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 298690 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 310884 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3978910 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE JKM LIBRARY TRUST COMPRISING ITS STAFF, SERVICES, SYSTEMS, FUNCTIONS, MATERIALS AND VIRTUAL RESOURCES EXISTS PRIMARILY TO SUPPORT THE MISSIONS AND PROGRAMS OF THE LUTHERAN SCHOOL OF THEOLOGY AT CHICAGO AND MCCORMICK THEOLOGICAL SEMINARY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 277371 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 293190 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 277371 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 293190 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 383638 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 383638 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 9834 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 8594 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 18428 |
| IRS990/OfficerMailingAddressInd | 0 | 1 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | ONLINE PERIODICALS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 28432 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 28432 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | LIBRARY FINES AND FEES |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 318 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 318 |
| IRS990/OtherRevenueTotalAmt | 0 | 318 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 4954 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 4954 |
| IRS990/PrincipalOfficerNm | 0 | DAVID CRAWFORD |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 926018 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 818794 |
| IRS990/PYOtherRevenueAmt | 0 | 588 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 11561 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 96251 |
| IRS990/PYTotalExpensesAmt | 0 | 915045 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 926606 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 15819 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RelatedOrganizationsAmt | 0 | 976436 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 318 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 2 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 362167802 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 1 | 362246704 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 1 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 1 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 480468 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 1 | 480467 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | MCCORMICK THEOLOGICAL SEMINARY |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 1 | LUTHERAN SCHOOL OF THEOLOGY AT CHICAGO |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 960935 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 5939 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 199784 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 205723 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 960935 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 304945 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 3468242 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3773187 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 976754 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE LIBRARY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE LIBRARY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2022 AND 2021. THE LIBRARY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 310884 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 960935 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 976754 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 976754 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 960935 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 244936 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 204124 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 2 | 101244 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 13569 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 24495 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 2 | 12149 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 29107 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 27075 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 2 | 44833 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | DAVID CRAWFORD |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | JAMES R NIEMAN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 2 | ESTER MENN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 2 | TRUSTEE |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 287612 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 255694 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 2 | 158226 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EMPLOYEES OF EACH SUPPORTING ORGANIZATION STAFF THE JKM LIBRARY TRUST. THUS, THE JKM LIBRARY TRUST ISSUES NO W-2S. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | TWO OF THE STANDING TRUSTEES SHALL BE, EX OFFICIO, THE PERSONS HOLDING THE OFFICE OF PRESIDENT OF LSTC AND MCCORMICK. EACH SHALL SERVE AS A TRUSTEE SO LONG AS HE OR SHE IS HOLDING THE OFFICE OF PRESIDENT AT HIS OR HER SCHOOL. ONE STANDING TRUSTEE SHALL BE APPOINTED BY THE GOVERNING BOARD OF EACH OF THE SCHOOLS FROM AMONG ITS MEMBERSHIP. ONE STANDING TRUSTEE SHALL BE APPOINTED BY THE FACULTY OF EACH OF THE SCHOOLS FROM AMONG ITS MEMBERSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT AT MCCORMICK THEOLOGICAL SEMINARY. THEN IT IS PROVIDED TO THE ENTIRE BOARD FOR COMMENT PRIOR TO FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE LIBRARY DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY THE PRESIDENTS OF THE TWO SUPPORTING ORGANIZATIONS USING TWO BENCHMARKS: 1.) COMPENSATION OF LIBRARY DIRECTORS FROM COMPARABLE THEOLOGICAL SCHOOLS AND 2.) COMPENSATION OF FULL PROFESSORS OF THE TWO SCHOOLS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE JKM LIBRARY TRUST DOES NOT HAVE ITS OWN WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, ALL THE JKM LIBRARY TRUST BOOKKEEPING IS HANDLED BY MCCORMICK THEOLOGICAL SEMINARY, WHO DOES HAVE A RETENTION AND DESTRUCTION POLICY. MCCORMICK THEOLOGICAL SEMINARY ADHERES TO ITS RETENTION AND DESTRUCTION POLICY FOR RECORDS OF BOTH INSTITUTIONS (MCCORMICK THEOLOGICAL SEMINARY AND JKM LIBRARY TRUST). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE JKM LIBRARY TRUST DOES NOT HAVE ITS OWN WHISTLEBLOWER POLICY BUT EACH OF THE TWO SUPPORTING ORGANIZATIONS DO, AND ALL EMPLOYEES OF BOTH SUPPORTING ORGANIZATIONS INCLUDING THOSE EMPLOYEES THAT WORK IN THE LIBRARY ARE REQUIRED TO SIGN IT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | REIMBURSED COMPENSATION FOR LIBRARY EMPLOYEES: PROGRAM SERVICE EXPENSES 308,024. MANAGEMENT AND GENERAL EXPENSES 6,246. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 314,270. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART V, LINE 2B: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 14: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION B, LINE 13: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XII, LINE 2C: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 1 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | MCCORMICK THEOLOGICAL SEMINARY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | LUTHERN SCHOOL OF THEOLOGY AT CHICAGO |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 362167802 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 362246704 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 1 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | IL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | IL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | SEMINARY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | SEMINARY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 1 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 1 | LINE 1 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 5460 S UNIVERSITY AVENUE |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $343,729
- Liabilities
- $50,539
- Net assets
- $293,190
- Revenue
- $976,754
- Expenses
- $960,935
- Net income
- $15,819