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Nonprofits›Drake University

Education

Drake University

DES MOINES, IA

Website

Total revenue

$263.1M

Total expenses

$250.5M

Net assets

$521.5M

Grants received

$38.0M

891 grants

EIN

420680460

Tax year

2023

Mission

See schedule o.drake's mission is to provide an exceptional learning environment that prepares students for meaningful personal lives, professional accomplishments, and responsible global citizenship. The drake experience is distinguished by collaborative learning among students, faculty, and staff and by the integration of the liberal arts and sciences with professional preparation.

Financials

FY 2023

Revenue

Contributions & grants$52.5M

Program service revenue$192.1M

Investment income$11.7M

Other revenue$6.8M

Total revenue$263.1M

Expenses

Grants paid$85.2M

Salaries & benefits$102.6M

Fundraising$3.7M

Other expenses$62.7M

Total expenses$250.5M

Total assets$607.5M

Net assets$521.5M

People

42 listed

NameRoleCompensation

EARL MARTIN

PRESIDENT & TRUSTEE

Board

$552K

40 hrs/wk

SUE MATTISON

PROVOST

Board

$233K

40 hrs/wk

JOHN SMITH

VP OF INST. ADVANCEMENT

Board

$223K

40 hrs/wk

ADAM VOIGTS

CFO & TREASURER

Board

$206K

40 hrs/wk

VENESSA KUHLMANN-MACRO

CHIEF ADMIN OFFICER

Board

$184K

40 hrs/wk

TOM BERNAU

TRUSTEE

Board

—

1 hrs/wk

KAREN BRANDING

TRUSTEE

Board

—

1 hrs/wk

DOUGLAS BRUCE

TRUSTEE (THRU JAN 2024)

Board

—

1 hrs/wk

SUZIE BURT

TRUSTEE

Board

—

1 hrs/wk

MARTHA CAPPS

TRUSTEE

Board

—

1 hrs/wk

LOUIS CARR

TRUSTEE

Board

—

1 hrs/wk

JOHNNIE CARSON

TRUSTEE

Board

—

1 hrs/wk

MARTA CODINA

TRUSTEE

Board

—

1 hrs/wk

PETER COWNIE

TRUSTEE

Board

—

1 hrs/wk

PAUL DOUCETTE

TRUSTEE

Board

—

1 hrs/wk

KATHY FEHRMAN

TRUSTEE

Board

—

1 hrs/wk

DAVID GOLDER

TRUSTEE

Board

—

1 hrs/wk

GREG JOHANSEN

TRUSTEE

Board

—

1 hrs/wk

CATHRYN LACY

TRUSTEE

Board

—

1 hrs/wk

DOUGLAS LANG

TRUSTEE

Board

—

1 hrs/wk

KEN MCCULLUM

TRUSTEE

Board

—

1 hrs/wk

JOHN MILLER

TRUSTEE

Board

—

1 hrs/wk

AMY OHDE

TRUSTEE

Board

—

1 hrs/wk

RUDOLPH D TREBELS

TRUSTEE

Board

—

1 hrs/wk

IKE VANDEN EYKEL

TRUSTEE

Board

—

1 hrs/wk

JIM WALLACE

TRUSTEE

Board

—

1 hrs/wk

LARRY ZIMPLEMAN

TRUSTEE

Board

—

1 hrs/wk

RACHEL MCLEAN

TRUSTEE

Board

—

1 hrs/wk

MARK ERNST

TRUSTEE & BOARD CHAIR

Board

—

1 hrs/wk

JONATHAN AZU

TRUSTEE & VICE CHAIR

Board

—

1 hrs/wk

PEGGY FISHER

TRUSTEE & VICE CHAIR

Board

—

1 hrs/wk

PAUL LEAVITT

TRUSTEE & VICE CHAIR

Board

—

1 hrs/wk

CYNTHIA LESHER

TRUSTEE & VICE CHAIR

Board

—

1 hrs/wk

PAUL SCHICKLER

TRUSTEE & VICE CHAIR

Board

—

1 hrs/wk

LINDSAY WHORTON

TRUSTEE & VICE CHAIR

Board

—

1 hrs/wk

JOE AIELLO

TRUSTEE

Board

—

1 hrs/wk

PATTI AVERY

TRUSTEE

Board

—

1 hrs/wk

DARIAN DEVRIES

HEAD MEN'S BASKETBALL COACH

Staff

$670K

40 hrs/wk

ALLAN VESTAL

PROFESSOR OF LAW

Staff

$284K

40 hrs/wk

BRIAN HARDIN

DIRECTOR OF ATHLETICS

Staff

$259K

40 hrs/wk

JERRY ANDERSON

DEAN OF LAW SCHOOL

Staff

$257K

40 hrs/wk

ALEJANDRO HERNANDEZ

DEAN OF COLLEGE OF BUSINESS

Staff

$222K

40 hrs/wk

Independent contractors

STORY CONSTRUCTION

CONSTRUCTION SERVICES

$7.2M

SODEXO INC AND AFFILIATES

FOOD SERVICES

$6.3M

DES MOINES INDEPENDENT COMMUNITY SCHOOL

HEAD START PROGRAM & MEDIACOM STADIUM

$5.2M

WILEY EDU LLC

ONLINE STRATEGIC CONSULTING & SUPPORT

$1.5M

WALDINGER CORPORATION

CONSTRUCTION SERVICES

$1.1M

Grants received

Showing 200 of 891

FromAmountPurposeYear

ELLEN GLAZER ZIEGLER FOUNDATION

$1.3M

GENERAL SUPPORT

2024

ERNST FAMILY FOUNDATION

$525K

ONGOING OPERATING SUPPORT

2024

Stine Family Foundation

$500K

CONTRIBUTION IS FOR THE ROBERT D. AND BILLIE RAY CENTER.

2024

AMERICAN ENDOWMENT FOUNDATION

$405K

EDUCATIONAL

2024

Drake University

Mission

Financials

People

Independent contractors

Grants received

Funded by

Details