DALLAS (BP) — Messengers to the 2025 Southern Baptist Convention Annual Meeting approved a $190 million 2025-26 Cooperative Program allocation budget Wednesday, giving the Executive Committee a one-time $3 million special allotment for legal costs arising from investigations into its handling of sexual abuse claims.
The $3 million covers a deficit in the EC and SBC operating budget in the current fiscal year, with total operating revenue of $9,131,500 against operating expenses of $12,281,000, according to the budget summary recorded in the 2025 SBC Book of Reports.
All 11 recommendations the EC submitted were approved, most without discussion, save the Business and Financial plan that survived an attempt to require entities to disclose financial information disclosed on the IRS form 990.
An amendment by Rhett Burns, pastor of First Baptist Church of Travelers Rest, S.C., to require such disclosures was rejected. Burns sought to require entities to disclose, he said, “information like top executive compensation, information about conflicts of interest, top contractors, how much they’re paying lawyers, all information that is just the regular normal scope of information that non-profits disclose.”
SBC EC President and CEO Jeff Iorg advised messengers to reject the amendment.
“The Southern Baptist Convention, through Southwestern Seminary’s leadership several decades ago, fought an extensive legal battle to establish that we have First Amendment protections from such invasive reporting as is required by the 990,” Iorg told messengers. “We stand on that today and assure you that we are not trying to hide behind that ruling, but we are instead defending that ruling and upholding that ruling and wanting to stand within it.
“And voluntarily offering that kind of information sends a signal that we find ourselves in some way subject to the federal government oversight, which none of us want to have,” Iorg said. “The adoption of this amendment will also set up legal conflicts between entities and you,” and would release information to messengers they would have no power to change.
The amendment failed after several minutes of discussion, with messengers approving the Business and Financial Plan as recorded on pages 46-50 of the 2025 Book of Reports.
On budgetary recommendations, messengers approved a 2025-26 EC and SBC operating budget of $12.068 million, with $3 million covering the cost of the annual meeting, $125,000 covering SBC governance and oversight, $4.037 million allotted to SBC operations, and $4.905 million committed to EC ministry assignments and operations. The EC and SBC will incur a deficit of $222,000.
Nearly three-fourths of the CP budget, 73.20% or $136.884 million, goes to national and worldwide missions, including 50.41% or $94,266,700 for the International Mission Board and 22.79% or $42,617,300 for the North American Mission Board, according to the budget passed by messengers.
More than a fifth of the budget, 21.92% or $40,990,400, supports the six Southern Baptist seminaries, based on a specified formula:
In other actions, messengers:
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This story appeared in Baptist Press.
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