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EIN 42-0680460

Drake University

IRS 501(c) type
501(c)(3)
Num. employees
2,852
City
Des Moines
State
Iowa
Year formed
1881
Most recent tax filings
2022-06-01
NTEE code, primary
B43: University or Technological Institute
Description
Drake University is recognized as one of the finest institutions of higher learning in the Midwest. A midsized, private university in Des Moines, Iowa, they offer the benefits and resources of a larger institution.
Total revenues
$252,974,293
2022
Total expenses
$237,997,226
2022
Total assets
$538,166,489
2022
Num. employees
2,852
2022

Program areas at Drake University

Drake University is a national coeducational, independent and private University with approximately 5,000 students. Drake is accredited by the higher learning commission of the north central association of schools and colleges.

Who funds Drake University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Bernard Osher FoundationLifelong Learning Institutes$1,050,000
John Ruan Foundation TrustSchools, Colleges and Related Activities$850,000
Casey's CharitiesGeneral Support$500,000
...and 176 more grants received totalling $10,180,340

Personnel at Drake University

NameTitleCompensation
Peggy Fisher, Fa'70Chief Executive Officer
Adam VoigtsChief Financial Officer$183,939
Chris GillChief Information Technology Officer
Venessa Kuhlmann-MacRoChief Administration Officer$167,313
John SmithVice President and Secretary$198,410
...and 15 more key personnel

Financials for Drake University

RevenuesFYE 06/2022
Total grants, contributions, etc.$48,766,464
Program services$190,438,490
Investment income and dividends$3,974,174
Tax-exempt bond proceeds$0
Royalty revenue$686,054
Net rental income$-140,514
Net gain from sale of non-inventory assets$6,006,741
Net income from fundraising events$-49,469
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,292,353
Total revenues$252,974,293

Form 990s for Drake University

Fiscal year endingDate received by IRSFormPDF link
2022-062023-03-03990View PDF
2021-062022-05-13990View PDF
2020-062021-04-14990View PDF
2019-062020-09-04990View PDF
2018-062019-05-14990View PDF
...and 9 more Form 990s

Organizations like Drake University

OrganizationLocationRevenue
Texas Christian University (TCU)Fort Worth, TX$1,103,356,620
Loyola University Chicago (LUC)Chicago, IL$1,069,361,900
Rensselaer Polytechnic Institute (RPI)Troy, NY$703,187,253
Seattle Pacific University (SPU)Seattle, WA$148,499,539
Sacred Heart University (SHU)Fairfield, CT$476,875,710
Samford UniversityBirmingham, AL$366,702,247
Lehigh UniversityBethlehem, PA$695,392,244
Catholic University of America (CUA)Washington, DC$388,328,004
University of TulsaTulsa, OK$346,906,577
Illinois Institute of Technology (IIT)Chicago, IL$364,483,065
Data update history
May 18, 2024
Received grants
Identified 5 new grant, including a grant for $500,000 from Casey's Charities
April 18, 2024
Used new vendors
Identified 1 new vendor, including
February 4, 2024
Received grants
Identified 76 new grant, including a grant for $1,050,000 from Bernard Osher Foundation
October 25, 2023
Received grants
Identified 13 new grant, including a grant for $500,000 from Stine Family Foundation
July 23, 2023
Received grants
Identified 132 new grant, including a grant for $500,000 from Stine Family Foundation
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
LobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
2507 University Ave
Des Moines, IA 50311
Metro area
Des Moines-West Des Moines, IA
County
Polk County, IA
Website URL
drake.edu:443/ 
Phone
(515) 271-2011
Facebook page
DrakeUniversity 
Twitter profile
@drakeuniversity 
IRS details
EIN
42-0680460
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1881
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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