funder logo

MOUNT SINAI MEDICAL CENTER FOUNDATION

MOUNT SINAI MEDICAL CENTER FOUNDATION

Miami Beach, FL, US
501(c)3
EIN
59-1711400
Hospital
Regional Funder
funder logo

MOUNT SINAI MEDICAL CENTER FOUNDATION

Miami Beach, FL, US
501(c)3
EIN
59-1711400
Hospital
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$76,547,259

Contributions
64%
Other
24%
Investments
12%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$22,604,049

Grants
65%
Other
24%
Salaries & Benefits
8%
Advertising & Promotion
1%
Fees to Service Providers
1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$75,489,192
$48,931,837
-35%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$7,536,367
$9,325,684
+24%
Other
$393,004
$18,289,738
+4554%
Total Revenues
$83,418,563
$76,547,259
-8%
Expenses
2023
2024
Change
Grants
$16,545,137
$14,711,230
-11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,405,160
$1,917,439
-20%
Fees to Service Providers
$263,264
$234,272
-11%
Advertising & Promotion
$224,398
$309,106
+38%
Offices, Occupancy & IT
$216,778
$70,789
-67%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$8,628,550
$5,361,213
-38%
Total Expenses
$28,283,287
$22,604,049
-20%
Net income
2023
2024
Change
Net income
+$55,135,276
+$53,943,210
-2%
Functional Expenses
Summary
2023
2024
Change
Program
$25,694,920
$20,359,934
-21%
Admin
$1,865,434
$1,647,922
-12%
Fundraising
$722,933
$596,193
-18%
Total Expenses
$28,283,287
$22,604,049
-20%
Income Statement
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