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Filing year 2023

MILLIKIN UNIVERSITY

Decatur, Illinois·EIN 37-0706154·NTEE B420 · Education·501(c)(3)
Total revenue
$88.4M
Total assets
$241.7M
Total expenses
$89.9M
Reported officers
36
Mission

FOR ALL WHO ASPIRE TO ACHIEVE, MILLIKIN DELIVERS ON THE PROMISE OF EXCELLENCE IN EDUCATION. THROUGH THE INTEGRATION OF THEORY & PRACTICE, WE PREPARE STUDENTS FOR PROFESSIONAL SUCCESS, DEMOCRATIC CITIZENSHIP IN A GLOBAL ENVIRONMENT & A PERSONAL LIFE OF MEANING AND VALUE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

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

President
Above 90th percentile
$450k
$497k
Base
$385k
Bonus
Other
$6k
Benefits
$43k
EVP and Chief Strategy Officer
75th to 90th percentile
$265k
$293k
Base
$253k
Bonus
Other
$360
Benefits
$11k
Provost
Officer (Unspecified)
$162k
$179k
Base
$141k
Bonus
Other
$189
Benefits
$13k
VP of Alumni and Development
Vice President
25th percentile to median
$146k
$161k
Director of IT
Chief Information Officer
10th to 25th percentilevs Education peers nationwide
$133k
$147k
Dean, Tabor School
Highest Compensated Employee
10th to 25th percentile
$129k
$143k
Asst VP of Admin Services
Board Vice President
25th percentile to median
$128k
$141k
Athletic Director
Director (Operational)
Median to 75th percentile
$127k
$140k
Dean, College of Arts and Sciences
Highest Compensated Employee
10th to 25th percentile
$123k
$136k
Associate Professor
Highest Compensated Employee
Below 10th percentile
$106k
$118k
Vice President of Student Affairs
Vice President
10th to 25th percentile
$73k
$81k
Vice President of Marketing
Vice President
10th to 25th percentile
$47k
$52k

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 24 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MILLIKIN UNIVERSITY equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.5%
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.

Up 43%
from 2022

From $315k in 2022 to $450k in 2023.

$315k
2022
$450k
2023
In today's dollarsEst.
Up 38% in real terms$361k to $497k

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 rose 43% from 2022 to 2023, while revenue fell 6%.

$315k in 2022 to $450k in 2023.
  • Vice President pay fell 23% from 2022 to 2023.
  • Highest Compensated Employee pay fell 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 MILLIKIN UNIVERSITY

What does the Chief Executive Officer of MILLIKIN UNIVERSITY earn?

In 2023, the Chief Executive Officer of MILLIKIN UNIVERSITY received $449,507 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MILLIKIN UNIVERSITY compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at MILLIKIN UNIVERSITY falls in the top 10%. In 2023, the highest total compensation at MILLIKIN UNIVERSITY equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are MILLIKIN UNIVERSITY's revenue and expenses?

In 2023, MILLIKIN UNIVERSITY reported $88.4M in total revenue and $89.9M in total expenses on its IRS Form 990.

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