UNIVERSITY OF MINNESOTA PHYSICIANS

MINNEAPOLIS, MN, 55414 (612) 884-0600 Est. 1996 EIN 41-1843943
E300 - Health Care 990 - Public charity return 501(c)(3)
www.mphysicians.org

Mission

UNIVERSITY OF MINNESOTA PHYSICIANS SERVES AS THE INTEGRATED GROUP PRACTICE FOR THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL FULL-TIME FACULTY TO PROVIDE THE HIGHEST QUALITY HEALTHCARE TO PATIENTS AND THEIR FAMILIES.UNIVERSITY OF MINNESOTA PHYSICIANS IS A MULTI-SPECIALTY PHYSICIAN ORGANIZATION SERVING AS THE FACULTY PRACTICE PLAN FOR THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL. IT IS DEDICATED TO PROVIDING HIGH QUALITY, PATIENT FOCUSED CARE AND ADVANCING MEDICAL KNOWLEDGE. IT SUPPORTS THERESEARCH AND EDUCATION MISSIONS OF THE MEDICAL SCHOOL.

Giving Portfolio

Total Grants
7
Total Giving
$101.4M
Recipients
7
Years Active
2017 - 2024
Avg grant: $14,486,993 Median: $13,386,132

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$9.5M $9.5M01
20231$9.1M $9.1M01
20221$17.3M $17.3M01
20211$25.3M $25.3M01
20201$13.4M $13.4M01
20191$1.6M $1.6M01
20171$25.2M $25.2M10

Top States

Minnesota
7

Top Grantees

UNIVERSITY OF MINNESOTA
MN - 5 grants
$74.7M
University of Minnesota
MN - 2 grants
$26.7M

Financials

Total Revenue
$1,008,701,283
Total Expenses
$960,484,923
Net Assets
$112,845,574
5,207 employees 6 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
1.4 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 11.7%
Expenses ↑ 5.6%
Revenue Sources
Earned revenue 99.4% Investment 0.3%
Expense Breakdown
Program 93.1% Management 6.9%

Officers & Trustees (25)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$1,008,701,283 ↑$960,484,923$112,845,574
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$903,048,414 ↑$909,135,379$75,333,979
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$902,949,353 ↑$873,243,046$108,781,458
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$804,479,557 ↑$801,477,284$99,096,697
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$719,799,425 ↑$704,665,769$123,070,219
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$702,714,868 ↑$675,036,594$119,446,660
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$591,056,584 $593,201,146$98,411,080

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EIN: 41-1843943 · Source: IRS Form 990 e-file data