Civic Intelligence

Drake University

990T • Fiscal year 2022 • EIN 42-0680460

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 01, 2023

Organization ProfileWWW.DRAKE.EDU

View Organization Page

2507 University AveDes Moines, IA 50311

(515) 271-3112

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Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2011: $386,039,289Liabilities 2011: $111,007,236Net Assets 2011: $275,032,0532011Assets 2012: $384,972,409Liabilities 2012: $114,993,082Net Assets 2012: $269,979,3272012Assets 2013: $404,636,945Liabilities 2013: $109,777,304Net Assets 2013: $294,859,6412013Assets 2014: $424,476,139Liabilities 2014: $99,430,737Net Assets 2014: $325,045,4022014Assets 2015: $439,802,631Liabilities 2015: $96,506,502Net Assets 2015: $343,296,1292015Assets 2016: $461,718,210Liabilities 2016: $119,650,774Net Assets 2016: $342,067,4362016Assets 2017: $485,043,518Liabilities 2017: $115,368,339Net Assets 2017: $369,675,1792017Assets 2018: $500,363,401Liabilities 2018: $121,454,856Net Assets 2018: $378,908,5452018Assets 2019: $508,907,328Liabilities 2019: $116,203,047Net Assets 2019: $392,704,2812019Assets 2020: $506,477,281Liabilities 2020: $115,606,767Net Assets 2020: $390,870,5142020Assets 2021: $572,606,645Liabilities 2021: $108,486,898Net Assets 2021: $464,119,7472021Assets 2022: $538,166,489Liabilities 2022: $94,289,004Net Assets 2022: $443,877,4852022Assets 2023: $568,210,282Liabilities 2023: $90,602,626Net Assets 2023: $477,607,6562023Assets 2024: $607,488,087Liabilities 2024: $86,036,105Net Assets 2024: $521,451,9822024Assets 2025: $628,340,806Liabilities 2025: $78,936,122Net Assets 2025: $549,404,6842025

Latest loaded filing

2025

Assets$628,340,806
Liabilities$78,936,122
Net Assets$549,404,684
Open 2025 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0Expenses 2011: $171,918,3452011Expenses 2012: $175,364,0822012Expenses 2013: $180,121,6272013Revenue 2014: $196,892,372Expenses 2014: $188,041,306Net Income 2014: $8,851,0662014Revenue 2015: $224,622,628Expenses 2015: $193,457,873Net Income 2015: $31,164,7552015Revenue 2016: $207,615,854Expenses 2016: $197,674,339Net Income 2016: $9,941,5152016Revenue 2017: $212,980,767Expenses 2017: $203,286,802Net Income 2017: $9,693,9652017Revenue 2018: $230,909,154Expenses 2018: $212,574,693Net Income 2018: $18,334,4612018Revenue 2019: $231,025,109Expenses 2019: $219,093,450Net Income 2019: $11,931,6592019Revenue 2020: $222,285,025Expenses 2020: $221,046,779Net Income 2020: $1,238,2462020Revenue 2021: $245,392,452Expenses 2021: $217,987,751Net Income 2021: $27,404,7012021Revenue 2022: $252,974,293Expenses 2022: $237,997,226Net Income 2022: $14,977,0672022Revenue 2023: $259,104,983Expenses 2023: $246,344,127Net Income 2023: $12,760,8562023Revenue 2024: $263,054,627Expenses 2024: $250,461,044Net Income 2024: $12,593,5832024Revenue 2025: $256,277,389Expenses 2025: $246,295,918Net Income 2025: $9,981,4712025

Latest loaded filing

2025

Revenue$256,277,389
Expenses$246,295,918
Net Income$9,981,471
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 1, 2023
Return Version
2021v4.3
Mission and Program Overview

Mission

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.

Filing and Contact Details

Filer

Filer Name
Drake University
EIN
42-0680460
Phone
5152713112
Address
2507 UNIVERSITY AVE, DES MOINES, IA 50311

Signing Officer

Name
Adam Voigts
Title
Chief Financial Officer
Phone
5152713112
Signed
2023-02-01
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
201 FIRST ST SE SUITE 800, CEDAR RAPIDS, IA 52401
Preparer
Shawna Huls
Phone
3192985333
Raw XML Appendix212 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0COREALPHA PRIVATE EQUITY PARTNERS II
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IRS8949/LongTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
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IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0PARTNERS GROUP SECONDARY 2008 L.P.
IRS8949/ShortTermCapitalGainAndLossGrp/TotalGainOrLossAmt09
IRS8949/ShortTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/BalanceDueAmt09697
IRS990T/BooksInCareOfDetail/PersonNm0ADAM VOIGTS
IRS990T/BooksInCareOfDetail/PhoneNum05152713112
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt02507 UNIVERSITY AVE
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IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
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IRS990T/BookValueAssetsEOYAmt0443877485
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IRS990T/PriorYearOverpaymentCreditAmt028872
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IRS990TScheduleA/CapitalGainNetIncomeAmt0168557
IRS990TScheduleA/GrossProfitAmt04100
IRS990TScheduleA/GrossReceiptsOrSalesAmt04100
IRS990TScheduleA/NetAdvertisingIncomeAmt0998
IRS990TScheduleA/NetGrossReceiptsOrSalesAmt04100
IRS990TScheduleA/NetOperatingLossDeductionAmt00
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IRS990TScheduleA/NetOperatingLossDeductionAmt20
IRS990TScheduleA/NetOperatingLossDeductionAmt30
IRS990TScheduleA/NetRentIncomeAmt034105
IRS990TScheduleA/OtherDeductionsAmt0601
IRS990TScheduleA/OtherDeductionsAmt12042
IRS990TScheduleA/PrincipalBusinessActivityCd0713940
IRS990TScheduleA/PrincipalBusinessActivityCd1611710
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IRS990TScheduleA/PrincipalBusinessActivityCd3525990
IRS990TScheduleA/RentIncomePropertyGrp/DeductionsConnectedRentIncmAmt010568
IRS990TScheduleA/RentIncomePropertyGrp/DeductionsConnectedRentIncmAmt130960
IRS990TScheduleA/RentIncomePropertyGrp/RentPersonalPropertyAmt00
IRS990TScheduleA/RentIncomePropertyGrp/RentPersonalPropertyAmt10
IRS990TScheduleA/RentIncomePropertyGrp/RentRealPersonalPropertyAmt041550
IRS990TScheduleA/RentIncomePropertyGrp/RentRealPersonalPropertyAmt134083
IRS990TScheduleA/RentIncomePropertyGrp/TotalRentsByPropertyAmt041550
IRS990TScheduleA/RentIncomePropertyGrp/TotalRentsByPropertyAmt134083
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/AddressLine1Txt02507 UNIVERSITY AVE
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/AddressLine1Txt12507 UNIVERSITY AVE
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/CityNm0DES MOINES
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/CityNm1DES MOINES
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/StateAbbreviationCd0IA
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/StateAbbreviationCd1IA
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/ZIPCd050311
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/ZIPCd150311
IRS990TScheduleA/RepairsAndMaintenanceAmt041
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceReferenceNum12
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IRS990TScheduleA/SequenceTotalNum04
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IRS990TScheduleA/SequenceTotalNum24
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IRS990TScheduleA/TaxesAndLicensesAmt0207
IRS990TScheduleA/TaxesAndLicensesAmt113667
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalAllocableDeductionsAmt10
IRS990TScheduleA/TotalAllocableDeductionsAmt20
IRS990TScheduleA/TotalAllocableDeductionsAmt30
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt10
IRS990TScheduleA/TotalCtrlOrgDeductionAmt20
IRS990TScheduleA/TotalCtrlOrgDeductionAmt30
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt10
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt20
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt30
IRS990TScheduleA/TotalDeductionsAmt0849
IRS990TScheduleA/TotalDeductionsAmt12042
IRS990TScheduleA/TotalDeductionsAmt2998
IRS990TScheduleA/TotalDeductionsAmt313667
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDeductionSetAsidesAmt10
IRS990TScheduleA/TotalDeductionSetAsidesAmt20
IRS990TScheduleA/TotalDeductionSetAsidesAmt30
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt10
IRS990TScheduleA/TotalDirectAdvertisingCostAmt2702
IRS990TScheduleA/TotalDirectAdvertisingCostAmt30
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt10
IRS990TScheduleA/TotalDividendsReceivedDedAmt20
IRS990TScheduleA/TotalDividendsReceivedDedAmt30
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
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IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt21700
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IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
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IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt20
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt30
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt10
IRS990TScheduleA/TotalInvestmentIncomeAmt20
IRS990TScheduleA/TotalInvestmentIncomeAmt30
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-5543
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentDeductionsAmt141528
IRS990TScheduleA/TotalRentDeductionsAmt20
IRS990TScheduleA/TotalRentDeductionsAmt30
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalRentIncomeAmt175633
IRS990TScheduleA/TotalRentIncomeAmt20
IRS990TScheduleA/TotalRentIncomeAmt30
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt10
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt20
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt30
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt10
IRS990TScheduleA/TotExcessReadershipCostsDedAmt2998
IRS990TScheduleA/TotExcessReadershipCostsDedAmt30
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt04100
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt134105
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IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt3163014
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IRS990TScheduleA/TotUnrltTrdBusIncmAmt3163014
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
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IRS990TScheduleA/TradeOrBusinessDesc0ALUMNI RECREATION CENTER MEMBERSHIP INCOME
IRS990TScheduleA/TradeOrBusinessDesc1ATHLETIC AND EVENT FACILITIES RENTAL
IRS990TScheduleA/TradeOrBusinessDesc2ADVERTISING
IRS990TScheduleA/TradeOrBusinessDesc3INVESTMENT IN PARTNERSHIPS
IRS990TScheduleA/UBIBeforeNOLDedAmt03251
IRS990TScheduleA/UBIBeforeNOLDedAmt132063
IRS990TScheduleA/UBIBeforeNOLDedAmt20
IRS990TScheduleA/UBIBeforeNOLDedAmt3149347
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IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt132063
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IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt038569
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IRS990T/TotalPaymentsAmt028872
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IRS990T/TotalTaxComputationAmt038569
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM VOIGTS
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ReturnHeader/BusinessOfficerGrp/PhoneNum05152713112
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DRAKE UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0DRAK
ReturnHeader/Filer/EIN0420680460
ReturnHeader/Filer/PhoneNum05152713112
ReturnHeader/Filer/USAddress/AddressLine1Txt02507 UNIVERSITY AVE
ReturnHeader/Filer/USAddress/CityNm0DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050311
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420174325
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 FIRST ST SE SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CEDAR RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052401
ReturnHeader/PreparerPersonGrp/PhoneNum03192985333
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAWNA HULS
ReturnHeader/ReturnTs02023-03-03T13:58:58-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ADAM
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ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$628$78.9$549$256$246$9.98
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$607$86.0$521$263$250$12.6
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$568$90.6$478$259$246$12.8
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$538$94.3$444$253$238$15.0
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$573$108$464$245$218$27.4
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$506$116$391$222$221$1.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$509$116$393$231$219$11.9
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$500$121$379$231$213$18.3
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$485$115$370$213$203$9.69
2016Detailed filing. Detailed filing data is available for this year.$462$120$342$208$198$9.94
2015Detailed filing. Detailed filing data is available for this year.$440$96.5$343$225$193$31.2
2014Detailed filing. Detailed filing data is available for this year.$424$99.4$325$197$188$8.85
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$405$110$295$180
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$385$115$270$175
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$386$111$275$172