MUNSON MEDICAL CENTER

TRAVERSE CITY, MI, 49684-2345 (231) 935-5000 Est. 1947 EIN 38-1362830
E22— Health Care Form 990 501(c)(3)
WWW.MUNSONHEALTHCARE.ORG

Mission

AS A VITAL PART OF MUNSON HEALTHCARE, MUNSON MEDICAL CENTER EXISTS TO DELIVER COMPREHENSIVE QUALITY CARE TO PATIENTS IN PARTNERSHIP WITH PHYSICIANS.

Giving Portfolio

Total Grants
8
Total Giving
$651K
Recipients
8
Years Active
2017 - 2023
Avg grant: $69,598 Median: $14,323

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20231$158K $158K01
20221$10K $10K01
20211$8K $8K01
20202$431K $215K11
20191$8K $8K01
20172$37K $18K20

Sectors Funded

Health Care
6
Employment
1
Philanthropy & Grantmaking
1

Top States

Michigan
8

Grantee Size Profile

$5M - $10M
6
$10M - $50M
1
$1M - $5M
1

Top Grantees

Grants Awarded · 8 grants

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Financials

Total Revenue
$851,681,224
Total Expenses
$831,829,916
Net Assets
$350,361,403
4,363 employees 151 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
5.1 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 14.1%
Expenses ↑ 8.5%
Revenue Sources
Contributions 1.3% Earned revenue 97.3% Investment 0.5% Other 1.0%
Expense Breakdown
Program 84.9% Management 15.0% Fundraising 0.1%

Officers & Trustees (41)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990$851,681,224 $831,829,916$350,361,403
2022 Form 990$746,553,663 $766,593,955$341,010,095
2021 Form 990$778,067,790 $724,619,492$964,560,610
2020 Form 990$752,883,085 $658,232,757$823,393,437
2019 Form 990$704,087,969 $637,120,025$635,330,811
2017 Form 990$652,747,521 $582,669,211$594,943,653

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EIN: 38-1362830 · Source: IRS Form 990 e-file data