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Federal ID# 416011702

Mayo Clinic

    • Mayo Foundation
    • Mayo Clinic Rochester

General Information

Organization Type CHARITY
Contact Person Corporate Tax
Address Attn: Tax, 200 First Street Southwest, Rochester, MN 55905
Phone Number (507) 538-1297
Purpose or Description Medical education, research and practice.
Status Active
Extension Granted

Financial Information

For Fiscal Year Ending 12/31/2023

INCOME
Direct Public Support$2,989,465,178
Government Grants+ $339,299,448
Other Revenue+ $4,096,206,299
Total Revenue$7,424,970,925
EXPENSES
Amount Spent for Program or Charitable Purposes$5,793,072,088
Management/General Expense+ $336,874,292
Fundraising Expense+ $49,451,955
Total Expenses$6,179,398,335

Excess/Deficit
Total Revenue$7,424,970,925
Total Expenses- $6,179,398,335
Excess/Deficit$1,245,572,590
End of Year Fund Bal/Net Worth
Total Assets$23,339,620,165
Total Liabilities- $9,955,393,531
End of Year Fund Bal/Net Worth$13,384,226,634

Financial Information for Prior Years


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