MOUNT SINAI MEDICAL CENTER OF FLORIDA INC

MIAMI BEACH, FL, 33140-2948 (305) 674-2032 Est. 1946 EIN 59-0624424
E220 - Health Care 990 - Public charity return 501(c)(3)
www.msmc.com

Mission

TO PROVIDE HIGH QUALITY HEALTH CARE TO OUR DIVERSE COMMUNITY ENHANCED THROUGH TEACHING, RESEARCH, CHARITY CARE AND FINANCIAL RESPONSIBILITY.

Giving Portfolio

Total Grants
4
Total Giving
$600K
Recipients
4
Years Active
2020 - 2024
Avg grant: $150,000 Median: $150,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$150K $150K01
20231$150K $150K01
20221$150K $150K01
20201$150K $150K10

Sectors Funded

Health Care
4

Top States

Florida
4

Grantee Size Profile

Over $50M
4

Top Grantees

Grants Awarded · 4 grants

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Financials

Total Revenue
$1,214,110,463
Total Expenses
$1,074,165,486
Net Assets
$520,892,652
5,841 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
5.8 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 14.4%
Expenses ↑ 10.5%
Revenue Sources
Contributions 3.3% Earned revenue 87.6% Investment 1.9% Other 7.0%
Expense Breakdown
Program 83.8% Management 16.2%

Officers & Trustees (39)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$1,214,110,463 ↑$1,074,165,486$520,892,652
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$1,061,287,456 ↑$972,412,617$395,468,090
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$968,566,028 ↑$932,653,422$318,355,881
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$744,578,065 ↑$740,781,690$258,652,291
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$724,864,718 ↓$676,254,137$520,158,772
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$733,083,724 $676,254,137$520,158,772

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EIN: 59-0624424 · Source: IRS Form 990 e-file data