ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

NEW YORK, NY, 10029-6504 (646) 605-4002 Est. 1964 EIN 13-6171197
B500— Education Form 990 501(c)(3)
WWW.ICAHN.MSSM.EDU

Mission

ORGANIZATION MISSION STATEMENT The Icahn School of Medicine at Mount Sinai advances science, medicine, and health care delivery for the benefit of humanity through a culture of excellence, innovation, collaboration, and belonging. We conduct groundbreaking research; educate and nurture the next generation of exceptional clinicians, researchers, teachers, and leaders; and deliver the most advanced compassionate care with an unwavering commitment to health equity.

Giving Portfolio

Total Grants
8
Total Giving
$3.1M
Recipients
8
Years Active
2019 - 2024
Avg grant: $383,824 Median: $341,175

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20242$1.1M $559K02
20232$1.5M $761K02
20222$184K $92K02
20192$246K $123K20

Sectors Funded

Health Care
8

Top States

New York
8

Grantee Size Profile

$1M - $5M
4
Over $50M
4

Top Grantees

$1.5M
NY - 4 grants
$1.5M

Grants Awarded · 8 grants

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Financials

Total Revenue
$4,488,369,634
Total Expenses
$4,436,550,676
Net Assets
$1,546,587,748
15,973 employees 1,173 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.2 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 7.9%
Expenses ↑ 6.6%
Revenue Sources
Contributions 23.5% Earned revenue 70.4% Investment 3.1% Other 3.0%
Expense Breakdown
Program 88.5% Management 11.0% Fundraising 0.4%

Officers & Trustees (86)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$4,488,369,634 $4,436,550,676$1,546,587,748
2023 Form 990$4,161,269,921 $4,160,243,113$1,227,061,062
2022 Form 990$3,782,773,835 $3,775,828,672$1,285,362,792
2020 Form 990$3,220,541,602 $3,195,561,379$1,218,346,134
2019 Form 990$3,190,991,246 $3,177,325,231$1,131,947,422
2018 Form 990$2,954,499,103 $2,913,470,239$1,040,827,264

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EIN: 13-6171197 · Source: IRS Form 990 e-file data