Icahn School Of Medicine At Mount Sinai

Organization Overview

Icahn School Of Medicine At Mount Sinai is located in New York, NY. The organization was established in 1964. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 12/2019, Icahn School Of Medicine At Mount Sinai employed 13,413 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Icahn School Of Medicine At Mount Sinai generated $3.2b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $3.2b during the year ending 12/2019. While expenses have increased by 7.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE SCHOOL COMMITS TO DRAMATICALLY ADVANCING THE ART AND SCIENCE OF MEDICAL CARE THROUGH AN ATMOSPHERE OF INTENSE COLLABORATIVE LEARNING, SOCIAL CONCERN, AND SCHOLARLY INQUIRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PROVIDES BASIC & TERTIARY PHYSICIANS SERVICES AND LABORATORY TESTING SERVICES TO PATIENTS ON AN ONGOING BASIS.


ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI CONDUCTS RESEARCH IN THE AREAS OF BIOLOGICAL, SOCIAL AND PHYSICAL SCIENCES. FUNDAMENTAL AND APPLIED RESEARCH IS PRIMARILY ENTERED IN GEOGRAPHIC PROXIMITY TO CLINICAL FACILITIES.


ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PASSIONATELY ADVANCES EDUCATION AND IS RESPONSIBLE FOR THE CERTIFICATION OF PHYSICIANS AT THE UNDERGRADUATE, GRADUATE AND POST-GRADUATE LEVELS AS WELL AS THE CERTIFICATION OF BIOMEDICAL SCIENTISTS AT THE GRADUATE LEVEL.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Change Healthcare Llc
Billing Services
$12,384,214
Scribe America Llc
Consultants
$2,533,298
Jackson Laboratory
Lab Testing
$1,927,033
Ogden Cap Properties Llc
Real Estate Agent
$1,846,402
Vrp Of Ny Pa
Physician Services
$2,121,749
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,969,799
Related organizations$82,497,148
Government grants $180,818
All other contributions, gifts, grants, and similar amounts not included above$562,379,899
Noncash contributions included in lines 1a–1f $7,399,793
Total Revenue from Contributions, Gifts, Grants & Similar$649,027,664
Total Program Service Revenue$2,402,951,089
Investment income $8,180,914
Tax Exempt Bond Proceeds $1,240,913
Royalties $18,171,039
Net Rental Income $1,012,398
Net Gain/Loss on Asset Sales $43,364,814
Net Income from Fundraising Events -$881,447
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,190,991,246

Grants Awarded

Over the last fiscal year, Icahn School Of Medicine At Mount Sinai has awarded $246,098 in support to 2 organizations.

Grant RecipientAmount

THE MOUNT SINAI MEDICAL CENTER

Org PageRecipient Profile

New York, NY

PURPOSE: FUNDING EQUITY LOSS

$123,049

THE MOUNT SINAI HOSPITAL

Org PageRecipient Profile

New York, NY

PURPOSE: FUNDING EQUITY LOSS

$123,049
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 66 grants that Icahn School Of Medicine At Mount Sinai has recieved totaling $8,329,607.

Awarding OrganizationAmount
Jewish Communal Fund

New York, NY

PURPOSE: General support

$2,049,778
Mjs Foundation Inc

New York, NY

PURPOSE: PLEDGED GIFT TO SUPPORT THE DR. MARTIN FEUER PULMONARY EDUCATIONAL FUND

$500,000
Alliance For Cancer Gene Therapy Inc

Stamford, CT

PURPOSE: CANCER RESEARCH

$495,632
American Thrombosis And Hemostasisnetwork Inc

Rochester, NY

PURPOSE: DATA MANAGEMENT CAPACITY RESEARCH AND SURVEILANCE

$372,010
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$348,543
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$348,543
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$635,053,001
Earnings$104,861,681
Net Contributions$31,027,215
Other Expense$47,947,384
Grants$6,978,644
Ending Balance$716,015,869

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