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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations nationwide.
- Base
- $581k
- Bonus
- $85k
- Other
- $4k
- Benefits
- $23k
- Base
- $447k
- Bonus
- $90k
- Other
- $15k
- Benefits
- $59k
- Base
- $277k
- Bonus
- —
- Other
- $7k
- Benefits
- $21k
- Base
- $215k
- Bonus
- $30k
- Other
- $14k
- Benefits
- $25k
- Base
- $253k
- Bonus
- —
- Other
- $4k
- Benefits
- $22k
- Base
- $229k
- Bonus
- —
- Other
- $4k
- Benefits
- $12k
- Base
- $219k
- Bonus
- —
- Other
- $3k
- Benefits
- $23k
- Base
- $202k
- Bonus
- $8k
- Other
- $12k
- Benefits
- $21k
- Base
- $203k
- Bonus
- $2k
- Other
- $1k
- Benefits
- $22k
- Base
- $183k
- Bonus
- —
- Other
- $2k
- Benefits
- $22k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Head Men's Basketball Coach Highest Compensated Employee Above 90th percentile | $581k | $85k | $4k | $23k | $720k $795k |
President & Trustee Board Member Above 90th percentilevs Education peers in Iowa | $447k | $90k | $15k | $59k | $707k $781k |
Professor of Law Highest Compensated Employee Above 90th percentile | $277k | — | $7k | $21k | $327k $361k |
Director of Athletics Highest Compensated Employee 75th to 90th percentile | $215k | $30k | $14k | $25k | $302k $333k |
Dean of Law School Highest Compensated Employee 75th to 90th percentile | $253k | — | $4k | $22k | $300k $332k |
Provost Officer (Unspecified) | $229k | — | $4k | $12k | $263k $291k |
Dean of College of Business Highest Compensated Employee 75th to 90th percentile | $219k | — | $3k | $23k | $263k $290k |
VP of Inst. Advancement Vice President 75th to 90th percentile | $202k | $8k | $12k | $21k | $261k $288k |
CFO & Treasurer 75th to 90th percentile | $203k | $2k | $1k | $22k | $244k $270k |
Chief Admin Officer Officer (Unspecified) | $183k | — | $2k | $22k | $222k $245k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 32 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at DRAKE UNIVERSITY equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 6%
from 2022
From $677k in 2022 to $720k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest Compensated Employee pay rose 6% from 2022 to 2023, while revenue rose 2%.
- Vice President pay rose 7% from 2022 to 2023.
- Chief Financial Officer pay rose 6% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about DRAKE UNIVERSITY
What does the Highest Compensated Employee of DRAKE UNIVERSITY earn?
In 2023, the Highest Compensated Employee of DRAKE UNIVERSITY received $719,519 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at DRAKE UNIVERSITY compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2023 pay of the Highest Compensated Employee at DRAKE UNIVERSITY falls in the top 10%. In 2023, the highest total compensation at DRAKE UNIVERSITY equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.
What are DRAKE UNIVERSITY's revenue and expenses?
In 2023, DRAKE UNIVERSITY reported $263.1M in total revenue and $250.5M in total expenses on its IRS Form 990.
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