You’re viewing the FY2022 filing — not the latest on file.
See the latest (FY2024) →
Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
85 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
309 people listed on the 990; $111.6M paid to officers and key staff.
Part VII, Section A · reportable compensation
Dir/CEO/Pres/Former Officer
$3,636,091Pt VII · Sec A
Director/Chair/CEO FL
$2,006,672Pt VII · Sec A
Director/Chair/CEO AZ
$1,999,424Pt VII · Sec A
Treasurer
$1,715,056Pt VII · Sec A
Dir/Cao/Former Officer
$1,530,674Pt VII · Sec A
Director/VP/Former Officer
$1,481,402Pt VII · Sec A
Director
$1,432,776Pt VII · Sec A
Secretary/Asst Secy
$1,402,046Pt VII · Sec A
Physician
$1,400,824Pt VII · Sec A
Dir/Vice Chair/Exec Dean of Practice
$1,397,374Pt VII · Sec A
Dir/Executive Dean of Edu
$1,375,575Pt VII · Sec A
Physician
$1,337,264Pt VII · Sec A
Physician
$1,325,964Pt VII · Sec A
Chair-Neuro Surgery
$1,323,334Pt VII · Sec A
Physician
$1,317,528Pt VII · Sec A
Director/President McHs
$1,256,536Pt VII · Sec A
Dir/Exec Dir Cancer Programs
$1,208,624Pt VII · Sec A
President-Mayo Clinic Platform
$1,074,381Pt VII · Sec A
President International
$1,070,570Pt VII · Sec A
Director
$1,043,900Pt VII · Sec A
Ceo-Ssmc
$1,036,062Pt VII · Sec A
Dir/Secy/Asst Treas
$1,011,448Pt VII · Sec A
Chief Marketing Officer
$981,425Pt VII · Sec A
Chief Information Officer
$943,668Pt VII · Sec A
Former Key Employee
$883,700Pt VII · Sec A
Director
$817,162Pt VII · Sec A
Director
$804,681Pt VII · Sec A
Director
$797,723Pt VII · Sec A
Former Officer
$795,919Pt VII · Sec A
Physician
$795,495Pt VII · Sec A
Former Key Employee
$789,881Pt VII · Sec A
Former Key Employee
$786,925Pt VII · Sec A
Former Officer
$776,421Pt VII · Sec A
Former Key Employee
$773,635Pt VII · Sec A
Chair-Dept of Radiology
$766,732Pt VII · Sec A
Director
$764,412Pt VII · Sec A
Director
$763,869Pt VII · Sec A
Chief Digital Officer
$758,025Pt VII · Sec A
Director/Vice Chair
$755,082Pt VII · Sec A
Director
$741,671Pt VII · Sec A
Director
$734,769Pt VII · Sec A
Div Chr-Transplant Surgery
$732,860Pt VII · Sec A
Director
$729,544Pt VII · Sec A
Director
$725,792Pt VII · Sec A
Director
$721,068Pt VII · Sec A
Former Key Employee
$720,831Pt VII · Sec A
Div Chair-Community Radiology
$710,590Pt VII · Sec A
Former Key Employee
$704,234Pt VII · Sec A
Former Officer
$693,130Pt VII · Sec A
Director/Asst Secy
$690,965Pt VII · Sec A
Physician
$685,636Pt VII · Sec A
Director/Vice Chair
$682,925Pt VII · Sec A
Director
$675,976Pt VII · Sec A
Chief Human Resources Officer
$672,894Pt VII · Sec A
Chair-Anseth & Periop Med
$649,910Pt VII · Sec A
Director
$642,507Pt VII · Sec A
Director/Vice Chair
$637,170Pt VII · Sec A
Chair-Anesth & Periop Med
$616,597Pt VII · Sec A
Chair-Dept of Surgery
$615,790Pt VII · Sec A
Dir/Treas/CFO Rochester
$613,292Pt VII · Sec A
Director
$610,761Pt VII · Sec A
Former Key Employee
$609,369Pt VII · Sec A
Director
$604,909Pt VII · Sec A
Director/Vice Chair
$604,153Pt VII · Sec A
Vice Chair-Clinical Practice
$592,312Pt VII · Sec A
Chair-Lab Med & Path
$586,626Pt VII · Sec A
Former Key Employee
$578,944Pt VII · Sec A
Vice Chair-Clinical Practice
$566,318Pt VII · Sec A
Physician
$565,761Pt VII · Sec A
Director
$559,625Pt VII · Sec A
Chair-Otorhinolaryn
$555,867Pt VII · Sec A
Director
$555,400Pt VII · Sec A
Dir/Asst Secy/Cao McHs
$554,104Pt VII · Sec A
COO International
$549,681Pt VII · Sec A
Director/Asst Treasurer
$547,728Pt VII · Sec A
Former Key Employee
$545,258Pt VII · Sec A
Director
$542,245Pt VII · Sec A
Chair-Lab Med & Path
$541,624Pt VII · Sec A
Director
$536,054Pt VII · Sec A
Former Officer
$536,053Pt VII · Sec A
Dir/Secy/Asst Treas/Cao FL
$535,956Pt VII · Sec A
Director
$520,240Pt VII · Sec A
Chair, Semn Space & Capital
$519,042Pt VII · Sec A
Dir/Former Officer/Former Key Employee
$515,750Pt VII · Sec A
Coo-Mayo Clinic Platform
$513,310Pt VII · Sec A
Chair-Dept of Emergency Med
$510,777Pt VII · Sec A
Dir/Treas/Asst Treas/Asst Secy/Former Officer
$507,238Pt VII · Sec A
Director
$504,749Pt VII · Sec A
Director
$498,661Pt VII · Sec A
Director
$494,624Pt VII · Sec A
Dir/Treas/CFO FL
$493,788Pt VII · Sec A
Director
$483,605Pt VII · Sec A
Director
$477,838Pt VII · Sec A
Director/Chair
$469,368Pt VII · Sec A
Director
$464,043Pt VII · Sec A
Director/Treasurer
$451,809Pt VII · Sec A
Former Key Employee
$450,865Pt VII · Sec A
Physician
$441,300Pt VII · Sec A
Director
$440,367Pt VII · Sec A
Director
$437,911Pt VII · Sec A
Director/President/Chair
$433,868Pt VII · Sec A
Reg Chair Clinical Practice
$418,908Pt VII · Sec A
Director/Secy
$417,648Pt VII · Sec A
Director
$410,947Pt VII · Sec A
Director
$410,127Pt VII · Sec A
Director
$408,559Pt VII · Sec A
Former Key Employee
$406,675Pt VII · Sec A
Former Officer/Former Key Employee
$406,549Pt VII · Sec A
Treas/Asst Treas/CFO MN/CFO McHs
$398,051Pt VII · Sec A
Director
$397,701Pt VII · Sec A
Director
$396,571Pt VII · Sec A
Former Key Employee
$393,545Pt VII · Sec A
Asst Secy
$386,410Pt VII · Sec A
Asst Secy
$386,147Pt VII · Sec A
Former Key Employee
$385,455Pt VII · Sec A
Director
$384,433Pt VII · Sec A
Former Officer
$383,850Pt VII · Sec A
Physician
$378,456Pt VII · Sec A
Director
$377,399Pt VII · Sec A
Director/Vice Chair
$374,525Pt VII · Sec A
Director
$367,662Pt VII · Sec A
Physician
$362,900Pt VII · Sec A
Director
$362,747Pt VII · Sec A
CFO McHs
$358,939Pt VII · Sec A
Former Key Employee
$355,952Pt VII · Sec A
Former Key Employee
$355,332Pt VII · Sec A
Director
$350,359Pt VII · Sec A
Vice Chair-Clinical Practice
$350,333Pt VII · Sec A
Director
$349,681Pt VII · Sec A
Director
$348,449Pt VII · Sec A
Dir/VP/Secy/Regional Chair-Admin Nwwi
$347,726Pt VII · Sec A
Physician
$343,343Pt VII · Sec A
Physician
$338,351Pt VII · Sec A
Div Chair-Swwi Family Med
$336,261Pt VII · Sec A
Chair, Integrated Med Spec
$332,571Pt VII · Sec A
Director/Vice Chair
$332,244Pt VII · Sec A
Dir/Vice Pres/Assoc Admin
$330,155Pt VII · Sec A
Director
$327,284Pt VII · Sec A
Asst Secy
$326,191Pt VII · Sec A
Director/Vice Chair
$325,547Pt VII · Sec A
Physician
$324,431Pt VII · Sec A
Reg Chair Clinical Practice
$324,237Pt VII · Sec A
Physician
$317,755Pt VII · Sec A
Director/Treas/CFO WI
$316,058Pt VII · Sec A
Director/Asst Secy
$312,582Pt VII · Sec A
Chief Nursing Officer
$308,225Pt VII · Sec A
Vice Chair-Clinical Practice
$300,383Pt VII · Sec A
Director/Chair
$296,486Pt VII · Sec A
Former Officer
$295,008Pt VII · Sec A
Vice Chair-Administration
$288,317Pt VII · Sec A
Former Officer
$285,723Pt VII · Sec A
Director/Secy
$278,612Pt VII · Sec A
Admin - McHs Semn
$278,588Pt VII · Sec A
Former Officer
$277,731Pt VII · Sec A
Physician
$273,824Pt VII · Sec A
Former Key Employee
$273,445Pt VII · Sec A
Asst Treasurer
$270,854Pt VII · Sec A
Asst Secy/Former Officer
$269,951Pt VII · Sec A
Vice Chair-Administration
$259,353Pt VII · Sec A
Physician
$257,135Pt VII · Sec A
CFO McHs
$253,587Pt VII · Sec A
Director
$250,125Pt VII · Sec A
Director
$249,473Pt VII · Sec A
Director
$248,203Pt VII · Sec A
Director/Chair
$248,174Pt VII · Sec A
Director/Secy
$246,295Pt VII · Sec A
Director/Vice Chair
$242,835Pt VII · Sec A
Former Key Employee
$242,381Pt VII · Sec A
Vice Chair-Administration
$239,947Pt VII · Sec A
Former Officer
$237,620Pt VII · Sec A
Vice Chair-Administration
$236,167Pt VII · Sec A
Dir/Vice Chair-Admin
$235,636Pt VII · Sec A
Dir/Vice Chair-Admin
$226,801Pt VII · Sec A
Chief Nursing Officer
$226,072Pt VII · Sec A
Vice Chair-Administration
$222,664Pt VII · Sec A
Physician
$221,701Pt VII · Sec A
Vice Chair-Administration
$217,645Pt VII · Sec A
Asst Treasurer
$217,168Pt VII · Sec A
Chief Nursing Officer
$216,768Pt VII · Sec A
Treas/Vice Chair-Admin
$214,146Pt VII · Sec A
Former Officer
$213,160Pt VII · Sec A
Director
$212,562Pt VII · Sec A
Chair, Facilities
$209,502Pt VII · Sec A
Director
$203,365Pt VII · Sec A
Director/Secretary
$189,070Pt VII · Sec A
Former Key Employee
$185,189Pt VII · Sec A
Director/Chair/President/CEO
$183,398Pt VII · Sec A
Reg Chair Fac & Supp Svcs
$179,122Pt VII · Sec A
Former Key Employee
$178,170Pt VII · Sec A
$172,124Pt VII · Sec A
Former Key Employee
$169,015Pt VII · Sec A
Director-Nursing Health Svcs
$168,906Pt VII · Sec A
Former Officer
$166,950Pt VII · Sec A
Treasurer
$161,070Pt VII · Sec A
Former Key Employee
$160,826Pt VII · Sec A
Asst Secy/Dir-Ach
$160,067Pt VII · Sec A
Director/Vice Chair
$156,653Pt VII · Sec A
Dir/CEO/Pres/Former Key Employee
$156,045Pt VII · Sec A
Former Officer
$153,244Pt VII · Sec A
Treasurer/CFO MN
$149,469Pt VII · Sec A
Former Officer
$146,022Pt VII · Sec A
Former Officer
$145,744Pt VII · Sec A
Asst Secy
$144,787Pt VII · Sec A
Former Officer
$143,744Pt VII · Sec A
Former Key Employee
$134,103Pt VII · Sec A
Director/Secy/Treas
$125,251Pt VII · Sec A
Former Key Employee
$110,924Pt VII · Sec A
Dir/Reg Chair-Admin Swwi/Former Officer
$88,598Pt VII · Sec A
Chief Communications Officer
$21,184Pt VII · Sec A
Director
$1,547Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Chair/Regional VP Semn
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Chair/Regional Vp-Swwi
$0Pt VII · Sec A
Dir/Pres/Chair/Regional Vp-Nwwi
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Dir/Pres/Chair/Regional Vp-Swmn
$0Pt VII · Sec A
Dir/Former Officer/Former Key Employee
$0Pt VII · Sec A
Director/President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Former Officer
$0Pt VII · Sec A
Director/Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Dir/Secy/Asst Secy/Cao McHs
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Former Highest Paid
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Secy
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Dir/Secy/Tres/Reg Chair Admin Swmn
$0Pt VII · Sec A
Dir/Secy/Asst Secy/Reg Chair-Admin Semn
$0Pt VII · Sec A
Director/Vice Chair
$0Pt VII · Sec A
Former Officer
$0Pt VII · Sec A
Former Officer
$0Pt VII · Sec A
Asst Secy
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Dir/Secy/Treas/Former Officer
$0Pt VII · Sec A
Director/CEO/President/VP
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Treas/Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Secy
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Secy
$0Pt VII · Sec A
Director/Vice President
$0Pt VII · Sec A
Former Officer
$0Pt VII · Sec A
Farrugia MD Gianrico’s $4.8M as Director/CEO/President is at the 96th percentile of top reported officer pay among 1747 $100M+ health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Farrugia MD Gianrico | $4,822,235 | $4,213,853 | $3,636,091 | $3,388,660 | $2,638,370 |
| Thielen MD Kent R | $3,113,840 | $2,497,385 | $2,006,672 | $1,697,812 | $1,383,196 |
| Gray MD Richard J | $3,110,824 | $2,486,103 | $1,999,424 | $1,694,419 | $1,327,097 |
| Williams MD Amy W | $2,299,102 | $1,824,113 | $1,397,374 | $1,030,707 | $845,050 |
| Zorn Christina K | $2,087,648 | $1,853,748 | $1,530,674 | $998,035 | $797,976 |
| Bolton Jeffrey W | — | — | $406,549 | $2,077,195 | $1,598,992 |
| Pham MD Si M | $1,935,509 | — | — | — | — |
| Dahlen Dennis E | $1,888,039 | $1,611,747 | $1,481,402 | $1,378,621 | $1,262,423 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Mayo Clinic Group Return executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Provides centralized administrative, financial, and technological shared services to support affiliated healthcare organizations in delivering patient care, medical research, and education.
Questions for Mayo Clinic Group Return
Your first name shows with your question. Mayo Clinic Group Return answers here, for everyone.
3 programs · $10.5B · in their own filed words · FY2022
01
Patient care (see schedule o)patient caremayo clinic, as an affiliated group of healthcare entities, is an integrated, not-for-profit group practice and has sites in rochester, minnesota; SCOTTSDALE/PHOENIX, arizona; jacksonville, florida and also serves approximately 50 communities in the upper midwest through the mayo clinic health…
$9.7Bprogram expense
02
Shared services (see schedule o)shared servicesas part of its exempt function, one of the subordinate organizations (mayo foundation for medical education and research) facilitates efforts and shared services on behalf of and for the benefit of mayo clinic and its affiliates.
$516.3Mprogram expense
03
Medical research (see schedule o)medical researchmayo clinic, as an affiliated group, conducts basic, translational, clinical, and epidemiological research at its campuses in minnesota, arizona, and florida and throughout the mayo clinic health system. The needs of patients is what drives research at mayo clinic.
$248.0Mprogram expense
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Schedule I · received and paid
Grants received · FY2024
Whitefish Community Foundation INCFY2024$200K
Massachusetts Institute of TechnologyFY2024$92K
Greater Washington Community FoundationFY2024$10K
Total grants receivedfrom 4 funders$353K
Grants paid · 1,324 grants · $8.5B · 2020–2024
Mayo ClinicMN · FY2024$1,628,083,733
Unitemized GrantFY2024$4,477,451
Unitemized GrantFY2024$3,202,797
Indiana UniversityIN · FY2024$2,967,624
Washington UniversityMO · FY2024$2,176,906
Episcopal Diocese of MinnesotaMN · FY2024$1,998,350
The Trustees of Columbia University in the City of New YorkNY · FY2024$1,730,069
Emory UniversityGA · FY2024$1,604,987
Arizona State UniversityFY2024$1,242,192
Nexus Family HealingMN · FY2024$1,100,000
Regents of the University of California at IrvineCA · FY2024$1,055,486
St Jude Children's Research Hospital INCTN · FY2024$1,048,826
University of FloridaFL · FY2024$946,634
Icahn School of Medicine at Mount SinaiNY · FY2024$853,150
Johns Hopkins UniversityMD · FY2024$805,234
Sanford Burnham Prebys Medical Discovery InstituteCA · FY2024$781,027
University of California San FranciscoCA · FY2024$656,248
Mass General Brigham IncorporatedMA · FY2024$646,025
By the numbers
The FY2022 990, line by line.
Download 990
1The main four
Money inPt VIII
$12.6B
Ln 12
Fees for servicesLn 2g$11.8B
Gifts and grantsLn 1h$585.2M
Other incomeLn 4–11$128.7M
Money outPt IX
$12.4B
Ln 25
Programscol B$10.6B
Managementcol C$1.8B
Fundraisingcol D$2.1M
Owns and owesPt X
$7.7B
net assets · Ln 32
Cash and savingsLn 1–2$892.1M
Total assetsLn 16$14.6B
LiabilitiesLn 26$6.9B
PeoplePt VI, VII
309
listed · VII A
PaidVII A210
Voting boardVI 1a206
IndependentVI 1b53
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$585.2M
Government grantsLn 1e$106.3M
Fees for servicesLn 2g$11.8B
Investment incomeLn 3$71.0M
Other incomeLn 4–11$128.7M
Gains on assetsLn 7−$27K
Total revenueLn 12$12.6B
Assets in detailPt X, end of year
CashLn 1$890.0M
SavingsLn 2$2.1M
Cash and savings togetherLn 1–2$892.1M
Pledges and grants receivableLn 3$212.2M
Accounts receivableLn 4$1.67B
Notes and loans receivableLn 7$221.5M
Inventories for sale or useLn 8$206.3M
Prepaid expenses and deferred chargesLn 9$162.0M
Land, buildings, equipmentLn 10c$4.35B
InvestmentsLn 11–13$1.49B
Intangible assetsLn 14$613K
Other assetsLn 15$5.42B
Total assetsLn 16$14.6B
LiabilitiesLn 26$6.9B
Net assetsLn 32$7.7B
OperationsPt I, VI
EmployeesI 558,697
VolunteersI 62,405
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Hospital careSch H · share of total expense
Charity care at costPt I 7a$36.1M · 0.3%
Bad debtPt III 2$143.2M · 1.2%
Total community benefitPt I 7k$765.5M · 6.2%
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$604.4M
Bond issues listedSch K Pt I3
Raised by those issuesSch K Pt I$606.9M
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$1.3M
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$119K
Share of the $741.3M endowmentSch D 1g0.02%
Typical, median of 1,806 orgs0.44%
EndowmentSch D · Pt V
| Line | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|
| End of yearLn 1g | $741.3M | $821.9M | $668.8M | $581.7M | $643.6M |
| Given inLn 1b | $14.4M | $17.3M | $15.2M | $24.9M | $22.7M |
| SpentLn 1d–1f | $20.3M | $24.3M | $16.1M | $165.0M | $70.3M |
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.93B | $892.1M |
| InvestmentsLn 11–13 | $1.52B | $1.49B |
| Land, buildings, equipmentLn 10c | $3.94B | $4.35B |
| Total assetsLn 16 | $14.73B | $14.63B |
| LiabilitiesLn 26 | $6.98B | $6.90B |
| Net assetsLn 32 | $7.75B | $7.73B |
5Every line
Statement of functional expensesPt IX · every line
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $1.49B | $1.49B | ||
| Grants to domestic individualsLn 2 | $6.3M | $6.3M | ||
| Grants and assistance to foreign recipientsLn 3 | $1.3M | $1.3M | ||
| Pay of current officers, directors and key staffLn 5 | $99.1M | $61.8M | $37.3M | |
| Pay of disqualified personsLn 6 | $26.5M | $22.4M | $4.1M | |
| Other salaries and wagesLn 7 | $4.04B | $3.30B | $736.1M | $1.5M |
| Pension plan contributionsLn 8 | $434.6M | $348.4M | $86.0M | $167K |
| Other employee benefitsLn 9 | $614.9M | $498.3M | $116.4M | $199K |
| Payroll taxesLn 10 | $307.2M | $251.6M | $55.5M | $109K |
| Legal feesLn 11b | $14.1M | $391K | $13.7M | |
| Accounting feesLn 11c | $3.3M | $809K | $2.5M | |
| Lobbying feesLn 11d | $1.3M | $1.3M | ||
| Investment management feesLn 11f | $119K | $43K | $76K | |
| Other fees for servicesLn 11g | $1.28B | $904.1M | $379.9M | $2K |
| Advertising and promotionLn 12 | $8.0M | $1.2M | $6.8M | |
| Office expensesLn 13 | $833.2M | $780.3M | $52.9M | $42K |
| Information technologyLn 14 | $144.3M | $22.2M | $122.2M | |
| RoyaltiesLn 15 | $34.2M | $545K | $33.6M | |
| OccupancyLn 16 | $167.3M | $99.1M | $68.2M | |
| TravelLn 17 | $46.5M | $38.1M | $8.3M | $74K |
| Conferences, conventions and meetingsLn 19 | $3.9M | $3.2M | $708K | $3K |
| InterestLn 20 | $88.5M | $80.6M | $7.9M | |
| Depreciation, depletion and amortizationLn 22 | $433.3M | $369.1M | $64.2M | |
| InsuranceLn 23 | $31.8M | $30.0M | $1.8M | |
| Other expenses (24a–d)Ln 24 | $2.19B | $2.19B | $956K | |
| All other expensesLn 24e | $125.8M | $107.9M | $17.9M | $5K |
| Total functional expensesLn 25 | $12.43B | $10.61B | $1.82B | $2.1M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 14, 2025 | $14.9B | $14.3B | $566.3M | $8.7B | 990 PDF |
| FY2023Filed with the IRS Nov 8, 2024 | $14.0B | $13.8B | $191.8M | $8.1B | 990 PDF |
| FY2022 ViewingFiled with the IRS Nov 10, 2023 | $12.6B | $12.4B | $142.1M | $7.7B | 990 PDF |
| FY2021Filed with the IRS Nov 10, 2022 | $12.6B | $12.3B | $334.7M | $7.7B | 990 PDF |
| FY2020Filed with the IRS Nov 12, 2021 | $10.8B | $10.7B | $165.4M | $7.3B | 990 PDF |
Schedules filed Part IV
III · Programs
R · Related orgs
G · Fundraising
L · Interested persons
I · Grants
A · Public support
F · Foreign
J · Pay
O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $12,568,376,619 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $768,947,004$585,179,971
I-9 Program service revenuePrior year $11,625,633,785$11,783,498,231
I-10 Investment incomePrior year $123,255,371$71,034,348
I-11 Other revenuePrior year $126,825,493$128,664,069
I-12 Total revenuePrior year $12,644,661,653$12,568,376,619
I-13 Grants and similar amounts paidPrior year $1,728,651,801$1,496,587,346
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,534,440,796$5,519,355,695
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,046,909,110$5,410,326,847
I-18 Total expensesPrior year $12,310,001,707$12,426,269,888
I-19 Revenue less expensesPrior year $334,659,946$142,106,731
Part VI · Governance 53 of 206 board members independent, 2 to look at
VI-1a Voting members of the governing body206
VI-1b Independent voting members53
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $12,568,376,619 across 11 lines filed
Lines not itemized here account for $6,358,601 of total revenue; see the IRS return.
VIII-1b Membership dues$20,633
VIII-1d Related organizations$429,399,015
VIII-1e Government grants$106,273,904
VIII-1f All other contributions, gifts and grants$49,486,419
VIII-1h Total contributions, gifts and grants$585,179,971
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,775,097,158 · Unrelated business $8,401,073$11,783,498,231
VIII-3 Investment incomeExcluded from tax $71,046,915$71,046,915
VIII-6 Net rental income or lossUnrelated business $929,676 · Excluded from tax $3,088,709$4,018,385
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$27,183−$27,183
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $76,656,618 · Unrelated business $40,509,578 · Excluded from tax $1,135,503$118,301,699
VIII-12 Total revenueRelated to mission $11,852,632,747 · Unrelated business $52,925,907 · Excluded from tax $77,637,994$12,568,376,619
Part IX · Statement of functional expenses $12,426,269,888 across 26 lines filed
IX-1 Grants to domestic organizationsPrograms $1,488,972,577$1,488,972,577
IX-2 Grants to domestic individualsPrograms $6,319,133$6,319,133
IX-3 Grants and assistance to foreign recipientsPrograms $1,295,636$1,295,636
IX-5 Pay of current officers, directors and key staffPrograms $61,768,205 · Management $37,341,302$99,109,507
IX-6 Pay of disqualified personsPrograms $22,402,173 · Management $4,123,635$26,525,808
IX-7 Other salaries and wagesPrograms $3,299,388,274 · Management $736,088,654 · Fundraising $1,537,690$4,037,014,618
IX-8 Pension plan contributionsPrograms $348,390,519 · Management $86,048,875 · Fundraising $167,198$434,606,592
IX-9 Other employee benefitsPrograms $498,317,546 · Management $116,391,516 · Fundraising $199,062$614,908,124
IX-10 Payroll taxesPrograms $251,631,714 · Management $55,450,091 · Fundraising $109,241$307,191,046
IX-11b Legal feesPrograms $390,912 · Management $13,662,405$14,053,317
IX-11c Accounting feesPrograms $809,180 · Management $2,515,622$3,324,802
IX-11d Lobbying feesPrograms $1,315,739$1,315,739
IX-11f Investment management feesPrograms $43,287 · Management $75,991$119,278
IX-11g Other fees for servicesPrograms $904,138,456 · Management $379,876,874 · Fundraising $1,580$1,284,016,910
IX-12 Advertising and promotionPrograms $1,171,118 · Management $6,829,969$8,001,087
IX-13 Office expensesPrograms $780,301,082 · Management $52,883,783 · Fundraising $42,233$833,227,098
IX-14 Information technologyPrograms $22,176,158 · Management $122,153,848$144,330,006
IX-15 RoyaltiesPrograms $544,874 · Management $33,639,425$34,184,299
IX-16 OccupancyPrograms $99,112,505 · Management $68,215,127$167,327,632
IX-17 TravelPrograms $38,144,742 · Management $8,285,064 · Fundraising $74,113$46,503,919
IX-19 Conferences, conventions and meetingsPrograms $3,229,762 · Management $708,104 · Fundraising $3,025$3,940,891
IX-20 InterestPrograms $80,626,042 · Management $7,860,890$88,486,932
IX-22 Depreciation, depletion and amortizationPrograms $369,109,915 · Management $64,174,941$433,284,856
IX-23 InsurancePrograms $29,958,799 · Management $1,848,898$31,807,697
IX-24 Other expenses (24a–d)Programs $2,189,639,061 · Management $955,698$2,190,594,759
IX-24e All other expensesPrograms $107,912,045 · Management $17,890,375 · Fundraising $5,205$125,807,625
IX-25 Total functional expensesPrograms $10,607,109,454 · Management $1,817,021,087 · Fundraising $2,139,347$12,426,269,888
Part X · Balance sheet $14,629,597,865 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $1,925,839,872$890,024,469
X-2 Savings and temporary cash investmentsStart of year $2,029,517$2,093,849
X-3 Pledges and grants receivableStart of year $239,007,966$212,201,673
X-4 Accounts receivableStart of year $1,574,770,816$1,671,089,039
X-7 Notes and loans receivableStart of year $208,869,389$221,547,317
X-8 Inventories for sale or useStart of year $192,555,540$206,317,423
X-9 Prepaid expenses and deferred chargesStart of year $102,344,131$162,015,252
X-10c Land, buildings and equipment, netStart of year $3,935,255,278$4,349,768,626
X-11 Publicly traded securitiesStart of year $413,306,474$378,717,532
X-12 Other securitiesStart of year $1,110,009,722$1,110,922,102
X-14 Intangible assetsStart of year $613,361$613,361
X-15 Other assetsStart of year $5,026,358,737$5,424,287,222
X-16 Total assetsStart of year $14,730,960,803$14,629,597,865
X-17 Accounts payable and accrued expensesStart of year $2,591,129,413$2,510,988,191
X-19 Deferred revenueStart of year $41,618,064$43,027,814
X-20 Tax-exempt bond liabilitiesStart of year $304,366,878$604,412,829
X-21 Escrow or custodial accountsStart of year $30,323,853$31,435,703
X-23 Secured mortgages and notes payableStart of year $64,172,487$71,394,871
X-25 Other liabilitiesStart of year $3,953,244,626$3,636,932,943
X-26 Total liabilitiesStart of year $6,984,855,321$6,898,192,351
X-27 Net assets without donor restrictionsStart of year $6,898,136,612$6,890,382,911
X-28 Net assets with donor restrictionsStart of year $847,968,870$841,022,603
X-32 Total net assets or fund balancesStart of year $7,746,105,482$7,731,405,514
X-33 Total liabilities and net assetsStart of year $14,730,960,803$14,629,597,865
Part XI · Reconciliation of net assets $7,731,405,514 net assets at year end
XI-1 Total revenue$12,568,376,619
XI-2 Total expenses$12,426,269,888
XI-3 Revenue less expenses$142,106,731
XI-4 Net assets at start of year$7,746,105,482
XI-5 Net unrealized gains (losses) on investments−$207,416,416
XI-9 Other changes in net assets$50,609,717
XI-10 Net assets at end of year$7,731,405,514
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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