Musc Health

Organization Overview

Musc Health is located in Charleston, SC. The organization was established in 2017. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musc Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Musc Health generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $2.7m during the year ending 06/2021. While expenses have increased by 27.1% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND SUPPORT THE EDUCATIONAL, MEDICAL, SCIENTIFIC AND RESEARCH PURPOSES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA "MUSC", AND UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA "UMA", INCLUDING THEIR COLLABORATIONS WITH MEDICAL UNIVERSITY HOSPITAL AUTHORITY "MUHA".

Describe the Organization's Program Activity:

Part 3 - Line 4a

MUSC STRATEGIC VENTURES WILL PERFORM FUNCTIONS THAT WOULD OTHEWISE HAVE TO BE PERFOREMD BY MUSC AND UMA WHICH WILL INVOLVE DETERMINING AND IMPLEMENTING STRATEGIES THAT ENABLE MUSC AND UMA (ALONG WITH MUHA) TO COLLECTIVELY COLLABORATE WITH HIGH QUALITY AFFILIATED HEALTH CARE PROVIDERS; PROVIDE EDUCATIOJN WITH RESPECT TO HEALTH CARE TO COMMUNITIES AND PROVIDERS; IMPROVE ACCESS TO HIGH QUALITY HEALTH CARE FOR THE CITIZENRY OF SOUTH CAROLINA; ESTABLISH AND DEEPEN RELATIONSHIPS WITH MUSC AND UMA AFFILIATES; OPTOMIZE STATE-OF-THE-ART INFORMATION TECHNOLOGY AND COMMUNICATIONS SYSTEMS TO LEVERAGE EXPERTISE; UTILIZE PERFORMANCE IMPROVEMENT METHODOLOGIES TO ACHIEVE OPTIMAL OUTCOMES FOR POPULATIONS; AND GENERALLY DRIVE OTHER INITIATIVES TO PROMOTE THE SHARED MISSION OF MUSC AND UMA.


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Board, Officers & Key Employees

Name (title)Compensation
Patrick Cawley
CEO & Director
$0
Don Johnson II
Chair & Director
$0
Richard Christian
Director
$0
Terry Steyer
Director
$0
Donna Johnson
Director
$0
David Cole
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$500,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$500,000
Total Program Service Revenue$1,501,444
Investment income $1,994,440
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,633,579
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,629,463

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Musc Health has recieved totaling $50,000.

Awarding OrganizationAmount
Hogs For The Cause

New Orleans, LA

PURPOSE: HOGS FOR THE CAUSE FAMILY AND PATIENT FUND

$50,000
View Grant Recipient Profile

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