Powered by CharityEZ

Charity report ready

MAYO CLINIC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This takes you back to the exact search that opened this report.

Public IRS 990 nonprofit record

MAYO CLINIC

EIN 41-6011702 · Community Health Systems (E21)

What they do

to INSPIRE HOPE and CONTRIBUTE to HEALTH and WELL-BEING BY PROVIDING THE BEST CARE to EVERY PATIENT THROUGH INTEGRATED CLINICAL PRACTICE, EDUCATION and RESEARCH.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $93.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders80 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.55%of revenue went to mission work93.6% of expenses · Program services
0.72%of revenue went to fundraising0.9% of expenses
$79.62spent for every $100 of revenueRevenue covered expenses this year.
4.35%of revenue went to management and office costs5.5% of expenses
$4.23in assets for every $1 spent this yearSome assets cannot be spent right away.
27.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,642,488 for LANZINO MD GIUSEPPE (PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,929,118,794
Mission workProgram services$5,911,136,25774.55% of revenue93.6% of expenses
ManagementOffice and general costs$345,097,1764.35% of revenue5.5% of expenses
FundraisingAsking for donations$57,246,6410.72% of revenue0.9% of expenses
Revenue left after expensesReported annual surplus$1,615,638,72020.38% of revenueShown in gray on the chart
Total expenses$6,313,480,07479.62% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 93.6% mission · 5.5% management · 0.9% fundraisingTotal expenses: 79.62% of revenue
2023Expense mix: 93.7% mission · 5.5% management · 0.8% fundraisingTotal expenses: 83.22% of revenue
2022Expense mix: 94.4% mission · 4.7% management · 0.9% fundraisingTotal expenses: 80.25% of revenue
2021Expense mix: 81.2% mission · 18.0% management · 0.8% fundraisingTotal expenses: 72.23% of revenue
2020Expense mix: 83.8% mission · 15.4% management · 0.8% fundraisingTotal expenses: 82.65% of revenue
2019Expense mix: 81.3% mission · 18.0% management · 0.8% fundraisingTotal expenses: 83.36% of revenue
2018Expense mix: 78.8% mission · 20.4% management · 0.7% fundraisingTotal expenses: 87.61% of revenue
2017Expense mix: 87.0% mission · 12.4% management · 0.7% fundraisingTotal expenses: 94.91% of revenue

Money in and money out

Revenue$7,929,118,794
Expenses$6,313,480,074
Annual surplus $1,615,638,720 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,911,136,257 · 93.6% of expenses
Management and office costs$345,097,176 · 5.5% of expenses
Fundraising$57,246,641 · 0.9% of expenses
See all reported dollar amounts
Revenue$7,929,118,794
Expenses$6,313,480,074
Assets$26,682,635,058
Income$20,830,346,879
Contributions$2,147,483,647
Mission work (program services)$5,911,136,257
Fundraising$57,246,641
Grants given$4,254,282,389
Average grant$1,795,056
Management and general$345,097,176
Stocks and bonds$793,198,539
Accounting fees$1,284,085
Investing fees$3,752,873
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LANZINO MD GIUSEPPEPHYSICIAN · 40 hrs/week $1,642,488Base $1,554,724 · Other $87,764
GORES MD GREGORY JFORMER KEY EMPLOYEE · 40 hrs/week $1,639,409Base $1,589,132 · Other $50,277
KRAUSS MD WILLIAM EPHYSICIAN · 40 hrs/week $1,623,096Base $1,576,058 · Other $47,038
CLARKE MD MICHELLE JPHYSICIAN · 40 hrs/week $1,566,100Base $1,495,190 · Other $70,910
MARSH MD W RICHARDDIR-SPINE CENTER · 40 hrs/week $1,525,901Base $1,479,544 · Other $46,357
SPINNER MD ROBERT JPHYSICIAN · 40 hrs/week $1,512,256Base $1,414,774 · Other $97,482
SHAH MD VIJAYEXECUTIVE DEAN OF RESEARCH · 40 hrs/week $1,276,696Base $1,193,147 · Other $83,549
OTLEY MD CLARK CFORMER KEY EMPLOYEE · 40 hrs/week $1,234,721Base $1,155,205 · Other $79,516
WILLIAMSON MARY JCAO-MCS · 40 hrs/week $1,197,596Base $1,146,092 · Other $51,504
MORICE MD WILLIAM GCEO-MCS · 40 hrs/week $1,155,779Base $1,068,576 · Other $87,203
ARNETT JENNIFER PCHIEF DEVELOPMENT OFFICER · 40 hrs/week $1,145,219Base $1,057,222 · Other $87,997
RIHAL MD CHARANJIT STRUSTEE · 40 hrs/week $1,102,038Base $1,021,863 · Other $80,175

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (80)

LANZINO MD GIUSEPPEPHYSICIAN

GORES MD GREGORY JFORMER KEY EMPLOYEE

KRAUSS MD WILLIAM EPHYSICIAN

CLARKE MD MICHELLE JPHYSICIAN

MARSH MD W RICHARDDIR-SPINE CENTER

SPINNER MD ROBERT JPHYSICIAN

SHAH MD VIJAYEXECUTIVE DEAN OF RESEARCH

OTLEY MD CLARK CFORMER KEY EMPLOYEE

WILLIAMSON MARY JCAO-MCS

MORICE MD WILLIAM GCEO-MCS

ARNETT JENNIFER PCHIEF DEVELOPMENT OFFICER

RIHAL MD CHARANJIT STRUSTEE

CALLSTROM MD MATTHEW RTRUSTEE

PAGNANO MD MARK WPHYSICIAN

NOSEWORTHY MD PETER ADIV CHAIR-HEART RHYTHM

WALD MD JOHN TFORMER KEY EMPLOYEE

GALANIS MD EVANTHIAEXECUTIVE DEAN OF DEVELOPMENT

KENDRICK MD MICHAEL LCHAIR-SURGERY

WILLIAMSON MD ERIC EPHYSICIAN

DOWDY MD SEAN CCHIEF VALUE OFFICER

CAINE NATALIE ATRUSTEE

LEIBOVICH MD BRADLEY CPHYSICIAN

AMMASH MD NASER MFORMER KEY EMPLOYEE

CIMA MD ROBERT RFORMER KEY EMPLOYEE

FRANK MD IGORPHYSICIAN

BROWN MD DANIEL RDIRECTOR-CRITICAL CARE

BROWN MD MICHAEL JPHYSICIAN

DIETER HEIDI LCHAIR-RESEARCH ADMIN

KHAN MD AMIR RPHYSICIAN

PETERS MD STEVE GFORMER KEY EMPLOYEE

WATSON MD JAMES CCHAIR-PAIN MEDICINE

FAMUYIDE MBBS ABIMBOLA OTRUSTEE

COMFERE MD NNEKA ITRUSTEE

HAYES MD SHARONNE NFORMER KEY EMPLOYEE

BERBARI MD ELIE FCHAIR-INTERNAL MEDICINE

HOLTAN DOUGLAS JCHAIR-FACILITIES

AMSTUTZ GWENDOLYN JEXECUTIVE LEADER-HARWICK

NARR MD BRADLY JFORMER KEY EMPLOYEE

HORLOCKER MD TERESE TFORMER KEY EMPLOYEE

DAHLEN DENNIS ECFO

GORMAN PAUL ATREASURER

THIELEN MD KENT RTRUSTEE/VP

GRAY MD RICHARD JTRUSTEE/VP

MENKOSKY PAULA EFORMER OFFICER

FRANCIS JAMES RASST TREASURER

HUBERT SHERRY LASST SECY

FONSECA MD RAFAELTRUSTEE

ZORN CHRISTINA KTRUSTEE/VP

HARA MD AMY KTRUSTEE

NORBY SUSAN MFORMER OFFICER

POE JOHN DFORMER KEY EMPLOYEE

DUNN AJANI NTRUSTEE/ASST SECY

FARRUGIA MD GIANRICOTRUSTEE/PRESIDENT/CEO

SMITH CHUCK JASST TREASURER

GAZELKA MD HALENA MFORMER KEY EMPLOYEE

MURPHY JOSHUA BSECY

DIDEHBAN ROSHANAKTRUSTEE/ASST SECY

MCLAUGHLIN MD SARAH ATRUSTEE

BROWN WILLIAM AASST TREASURER

WILLIAMS MD AMY WTRUSTEE

SHANNON MICHAELTRUSTEE

ROBERTS ROBIN RTRUSTEE

BURNS URSULA MTRUSTEE

STEER MD RANDOLPH CTRUSTEE

SWEENEY ANNE MTRUSTEE

BILICIC GEORGE WTRUSTEE

BAKER JR DOUGLAS MTRUSTEE

BAICKER KATHERINETRUSTEE

ALIX JAYTRUSTEE

DAVIS JED VTRUSTEE

SCHMIDT ERIC ETRUSTEE

ROTHBLATT A MARTINETRUSTEE

ROBO JAMES LTRUSTEE

DAVIS RICHARD KTRUSTEE

REMY DONALD MTRUSTEE

POWELL MICHAEL KTRUSTEE/CHAIR

PERETSMAN NANCY BTRUSTEE

PECK KRISTINTRUSTEE

GERBERDING MD JULIE LTRUSTEE

HALVORSON GEORGE CTRUSTEE

About this charity

Recognized since
January 1947
Location
PO BOX 4007, ROCHESTER, MN 55903-4007
County
Olmsted
In care of
% MAYO CORPORATE TAX UNIT
Primary officer
JAMES J JANSSEN JR, TAX DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
NTEE classification
Community Health Systems (E21)
IRS tax category
Community Health Systems
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Back to search results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free