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Filing year 2023

Franklin College of Indiana

Franklin, Indiana·EIN 35-0868086·NTEE B420 · Education·501(c)(3)
Total revenue
$53.5M
Total assets
$154.5M
Total expenses
$52.9M
Reported officers
41
Mission

Franklin College empowers students through an experiential education, grounded in the liberal arts and sciences, promoting impactful careers and meaningful lives.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President
Above 90th percentilevs Education peers in Indiana
$405k
$447k
Base
$304k
Bonus
$27k
Other
$14k
Benefits
$27k
Vice President Development and Alumni Engagement (until March 2024)
Vice President
Median to 75th percentile
$206k
$228k
Base
$166k
Bonus
Other
$450
Benefits
$22k
VP of Enrollment & Marketing
Vice President
Median to 75th percentile
$206k
$228k
Base
$173k
Bonus
Other
$1k
Benefits
$15k
Vice President and Chief Financial Officer
75th to 90th percentilevs Education peers in Indiana
$187k
$207k
Base
$158k
Bonus
Other
$450
Benefits
$12k
Vice President for Student Development & Dean of Students
Vice President
Median to 75th percentile
$176k
$194k
Base
$137k
Bonus
Other
Benefits
$23k
Vice President for Academic Affairs & Dean of the College
Vice President
Median to 75th percentile
$175k
$193k
Base
$151k
Bonus
Other
$600
Benefits
$8k
Program Director & Assistant Professor
Director (Operational)
75th to 90th percentile
$155k
$171k
Base
$138k
Bonus
Other
Benefits
$5k

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 34 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Franklin College of Indiana equaled 0.8% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.8%
Sector median
7%
Middle half of sector
2% to 17%

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.

Down 2%
from 2022

From $413k in 2022 to $405k in 2023.

$413k
2022
$405k
2023
In today's dollarsEst.
Down 6% in real terms$474k to $447k

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.

Pay for the position

Chief Executive Officer pay fell 2% from 2022 to 2023, while revenue rose 19%.

$413k in 2022 to $405k in 2023.
  • Vice President pay rose 1% from 2022 to 2023.
  • Director (Operational) pay rose 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Franklin College of Indiana

What does the Chief Executive Officer of Franklin College of Indiana earn?

In 2023, the Chief Executive Officer of Franklin College of Indiana received $404,726 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Franklin College of Indiana compare with similar nonprofits?

Compared with the same role at Education organizations in Indiana, the 2023 pay of the Chief Executive Officer at Franklin College of Indiana falls in the top 10%. In 2023, the highest total compensation at Franklin College of Indiana equaled 0.8% of the organization's total expenses. The median for education organizations is 7%.

What are Franklin College of Indiana's revenue and expenses?

In 2023, Franklin College of Indiana reported $53.5M in total revenue and $52.9M in total expenses on its IRS Form 990.

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