Marietta College

Nonprofit profile at a glance

EIN
314379584
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2011
Location
Marietta, OH, US
Phone
740-376-4757
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Undergraduate College (4-year)

Official website

Reported finances

Revenue
$83,544,530
Expenses
$70,737,504
Assets
$198,387,528
Liabilities
$44,525,426

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

37 people listed

Executive titles in this filing

  • Margaret Drugovich (President (END 12/31/24))
  • William Ruud (President (END 6/30/23))

Highest reported compensation

  • Margaret Drugovich (President (END 12/31/24)): $472,031 total reported compensation
  • Kathleen Dougherty (See Schedule O): $257,100 total reported compensation
  • Heidi Terry (VP or Enrollment Management): $197,297 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Supportive, real‑world learning that helps you thrive.

What it reported doing in 2024

Chartered in 1835, marietta college (mc) is a private, not-for-profit institution of higher education providing undergraduate programs in the liberal arts and sciences, along with select graduate degrees at the master's level. The college's revenues are predominantly derived from student tuition, room, board, and other fees. Mc offers instruction in a learning environment that is culturally and geographically diverse, with students representing numerous states and countries. Students blend a rigorous liberal arts curriculum with a wide array of majors, developing concentrations in high-demand areas such as leadership, marketing, psychology, and finance. In addition to traditional programs, mc offers several innovative and career-oriented degrees, including petroleum engineering, computer science, education, and sport management. A cornerstone of the college's graduate offerings is the premier physician assistant (pa) studies program, which boasts a near 100% pass rate on national certification exams and provides vital healthcare services to the appalachian region. A student's educational experience is further enhanced through participation in special co- and extra-curricular opportunities, such as the mcdonough leadership program, esports, piopath, honors program, undergraduate research (investigative studies), and a vibrant international community. Total enrollment for the 2024-2025 academic year was 1,109 students.

Operating model

Revenue model
Other-operating. 72% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.9%; rating input score 79
  • Program expense ratio: 80.1%; rating input score 80
  • Fundraising efficiency: $21.48 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 15.3%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 2.8; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 37; 37th percentile among comparable filings

Growth

  • Program expense growth: 1.6% per year; rating input score 100; 13th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 9th percentile among comparable filings
  • Asset growth: 0.2% per year; rating input score 100; 8th percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 78.9% of revenue deployed · 80.1% of spending went to programs
  • Governance: 26 of 26 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $56.6M in reported program spending
  • Leadership: top reported pay $472K · 37 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $5.1M reported
  • Consistency: 40 of 41 current checks pass · 1 finding to review
  • Schedules: 12 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 59/100.
  • Moderate — Sustainability: Officer compensation ratio scored 37/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.