Drake University

Education organization based in Des Moines, IA. 2,821 employees. Exempt under §501(c)(3).

MissionSEE 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,

Financial snapshot · TY 2024

$256.3M
Total revenue
$246.3M
Total expenses
$628.3M
Net assets

Financial health · TY 2024

82
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
65
11.7 months of expenses
Program efficiency
100
89.9% spent on programs
Revenue diversity
79
Mix of program fees, grants & contributions

Leadership compensation

Earl Martin
PRESIDENT
$813,542
88th percentile vs. peers
Benjamin Mccollum
HEAD MEN'S BASKETBALL COACH
$533,378
92th percentile vs. peers
Brian Hardin
DIRECTOR OF ATHLETICS
$299,283
92th percentile vs. peers
Allison Pohlman
HEAD WOMEN'S BASKETBALL COACH
$299,192
92th percentile vs. peers
$275,756
92th percentile vs. peers

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