Variety Childrens Hospital

Organization Overview

Variety Childrens Hospital, operating under the name Nicklaus Children's Hospital, is located in Miami, FL. The organization was established in 1951. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Nicklaus Children's Hospital employed 3,597 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nicklaus Children's Hospital 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 12/2021, Nicklaus Children's Hospital generated $777.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $671.5m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE HOSPITAL PROVIDES SPECIALIZED PEDIATRIC HEALTH CARE TO CHILDREN REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, AGE, OR ABILITY TO PAY.

Describe the Organization's Program Activity:

VARIETY CHILDREN'S HOSPITAL, ESTABLISHED IN 1950, OWNS AND OPERATES A PEDIATRIC SPECIALTY HOSPITAL NOW KNOWN AS NICKLAUS CHILDREN'S HOSPITAL. THE HOSPITAL IS ONE OF THE LARGEST FREESTANDING PEDIATRIC TEACHING HOSPITALS IN THE SOUTHEASTERN UNITED STATES. IT PROVIDES SPECIALIZED PEDIATRIC HEALTHCARE FOR CHILDREN REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, AGE OR ABILITY TO PAY. THE HOSPITAL HAS 309 LICENSED BEDS. NICKLAUS CHILDREN'S HOSPITAL SERVES AS A REFERRAL CENTER FOR CHILDREN WITH COMPLEX, CRITICAL OR LIFE-THREATENING ILLNESSES REQUIRING SPECIALIZED CARE. IT HAS A STATE-DESIGNATED PEDIATRIC TRAUMA CENTER. MANY PATIENTS ARE REFERRED BY OTHER HOSPITALS REGARDLESS OF THE EXISTENCE OF FORMAL ARRANGEMENTS.. (CONTINUED ON SCHEDULE O)


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
President - CEO (former)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Phi Air Medical Llc
Flight Hours
$3,176,117
Aya Healthcare Inc
Nurse Services
$1,720,760
Miami Associates In Pediatric Surgery Pa
Physician Services
$1,529,420
A And S Total Cleaning
Cleaning Services
$1,405,930
Mayo Medical Laboratories
Laboratory Services
$1,436,688
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$7,030,463
Government grants $15,757,123
All other contributions, gifts, grants, and similar amounts not included above$48,274
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$22,835,860
Total Program Service Revenue$712,432,301
Investment income $10,440,347
Tax Exempt Bond Proceeds $0
Royalties $4,965
Net Rental Income $5,515,687
Net Gain/Loss on Asset Sales $15,607,976
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $356,318
Miscellaneous Revenue$0
Total Revenue $776,970,014

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Variety Childrens Hospital has recieved totaling $419,552.

Awarding OrganizationAmount
Ldg & Lpr Charitable Foundation

Jupiter, FL

PURPOSE: CHARITABLE

$246,991
The Miami Foundation Inc

Miami, FL

PURPOSE: PROGRAM SUPPORT

$62,500
Cystic Fibrosis Foundation

Bethesda, MD

PURPOSE: CF CARE CENTER

$54,150
University Of Miami

Coral Gables, FL

PURPOSE: RESEARCH

$36,411
Trinity Credit Counseling Inc

Cincinnati, OH

PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION

$12,000
Institute For Advanced Clinical Trials For Children

Rockville, MD

PURPOSE: ADMINISTRATIVE STARTUP FEE

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$51,847,151
Earnings$6,880,578
Net Contributions$1,424,279
Other Expense$2,079,106
Ending Balance$58,072,902

Create an account to unlock the data you need.

or