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MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH
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MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH
ROCHESTER, MN, US
•
501(c)(3)
•
EIN
41-1506440
•
WWW.MAYO.EDU
•
Subordinate Organization
MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH
Sign up to claim this org
ROCHESTER, MN, US
•
501(c)(3)
•
EIN
41-1506440
•
WWW.MAYO.EDU
•
Subordinate Organization
Overview
Programs
990s
Income Statement
Balance Sheet
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Board & Team
Financials
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Funding
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Grants Received
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2014
$1,180,538,123
Program Services
99%
Other
<1%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2014
$1,143,526,039
Salaries & Benefits
47%
Offices, Occupancy & IT
34%
Fees to Service Providers
9%
Depreciation
4%
Other
4%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Interest
0%
Revenues
2013
2014
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,060,285,704
$1,165,471,498
+10%
Membership Dues
$0
$0
-
Investments
$2,086,240
$5,486,135
+163%
Other
$7,112,456
$9,580,490
+35%
Total Revenues
$1,069,484,400
$1,180,538,123
+10%
Expenses
2013
2014
Change
Grants
$82,563
$5,261,926
+6273%
Benefits to Members
$0
$0
-
Salaries & Benefits
$589,167,809
$539,135,115
-8%
Fees to Service Providers
$92,552,087
$106,988,092
+16%
Advertising & Promotion
$10,142,743
$9,408,129
-7%
Offices, Occupancy & IT
$287,494,077
$387,715,488
+35%
Interest
$1,454
$0
-100%
Depreciation
$50,954,767
$50,767,991
0%
Other
$32,354,209
$44,249,298
+37%
Total Expenses
$1,062,749,709
$1,143,526,039
+8%
Net income
2013
2014
Change
Net income
+$6,734,691
+$37,012,084
+450%
Functional Expenses
Summary
2013
2014
Change
Program
$983,865,599
$1,012,004,211
+3%
Admin
$78,238,714
$130,419,543
+67%
Fundraising
$645,396
$1,102,285
+71%
Total Expenses
$1,062,749,709
$1,143,526,039
+8%
Income Statement