Skip to content
ProPublica Donate
ProPublica Donate

Mayo Clinic Group Return

Group Return

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Community Health Systems (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Operated hospital facilities
Organization operated one or more hospital facilities. Details are reported on Schedule H.
Provided first-class or charter travel
Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.
Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$12.6B (2022)

Expenses
$12.4B (2022)

Total Assets
$14.6B (2022)

Total Liabilities
$6.9B (2022)

Source: Form 990 tax filings from 2016 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,568,376,619
Expenses
$12,426,269,888
Net Income
$142,106,731
Net Assets
$7,731,405,514
Notable Sources of Revenue Percent of Total Revenue
Contributions $585,179,971
4.7%
Program Services $11,783,498,231
93.8%
Investment Income $71,046,915
0.6%
Bond Proceeds $14,616
0.0%
Royalties $0
Rental Property Income $4,018,385
0.0%
Net Fundraising $0
Sales of Assets -$27,183
Net Inventory Sales $3,714,637
0.0%
Other Revenue $120,931,047
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $99,109,507
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $4,037,014,618
32.5%
Assets/Debt
Total Assets $14,629,597,865
Total Liabilities $6,898,192,351
Net Assets $7,731,405,514
Other
Operated hospital facilities
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Farrugia Md Gianrico (Dir/Ceo/Pres/Former Officer) $3,636,091 $0 $84,251
Thielen Md Kent R (Director/Chair/Ceo Fl) $2,006,672 $0 $82,342
Gray Md Richard J (Director/Chair/Ceo Az) $1,999,424 $0 $73,274
Gorman Paul A (Treasurer) $1,715,056 $0 $86,692
Zorn Christina K (Dir/Cao/Former Officer) $1,530,674 $0 $71,810
Dahlen Dennis E (Director/Vp/Former Officer) $1,481,402 $0 $92,474
Quinones Hinojosa Md Alfredo (Director) $1,432,776 $0 $78,669
Murphy Joshua B (Secretary/Asst Secy) $1,402,046 $0 $83,935
Mcclendon Jr Md Jamal (Physician) $1,400,824 $0 $60,236
Williams Md Amy W (Dir/Vice Chair/Exec Dean Of Practice) $1,397,374 $0 $72,259
Meyer Md Fredric B (Dir/Executive Dean Of Edu) $1,375,575 $0 $51,950
Tawk Md Rabih G (Physician) $1,337,264 $0 $71,438
Nottmeier Md Eric W (Physician) $1,325,964 $0 $73,347
Bendok Md Bernard R (Chair Neuro Surgery) $1,323,334 $0 $72,895
Zimmerman Md Richard S (Physician) $1,317,528 $0 $42,286
Varkey Mbbs Prathibha (Director/President Mchs) $1,256,536 $0 $73,604
Willman Md Cheryl L (Dir/Exec Dir Cancer Programs) $1,208,624 $0 $72,286
Halamka Md John D (President Mayo Clinic Platform) $1,074,381 $0 $83,721
Decker Mbbch Gustav A (President International) $1,070,570 $0 $72,756
Sharma Mbbs Manish S (Director) $1,043,900 $0 $66,500
Ammash Md Naser M (Ceo Ssmc) $1,036,062 $0 $75,598
Menkosky Paula E (Dir/Secy/Asst Treas) $1,011,448 $0 $81,544
Gilligan Sherri W (Chief Marketing Officer) $981,425 $0 $80,182
Ross Christopher J (Chief Information Officer) $943,668 $0 $24,448
Stewart Md Michael W (Former Key Employee) $883,700 $0 $40,899

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,644,661,653
Expenses
$12,310,001,707
Net Income
$334,659,946
Net Assets
$7,746,105,482
Notable Sources of Revenue Percent of Total Revenue
Contributions $768,947,004
6.1%
Program Services $11,625,633,785
91.9%
Investment Income $115,159,630
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,316,781
0.0%
Net Fundraising $0
Sales of Assets $8,095,741
0.1%
Net Inventory Sales $3,498,488
0.0%
Other Revenue $120,010,224
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $95,531,368
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,913,294,547
31.8%
Assets/Debt
Total Assets $14,730,960,803
Total Liabilities $6,984,855,321
Net Assets $7,746,105,482
Other
Operated hospital facilities
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Farrugia Md Gianrico (Dir/Ceo/Pres/Former Officer) $3,388,660 $0 $96,514
Bolton Jeffrey W (Director/Cao) $2,077,195 $0 $34,523
Deperi Md Elizabeth R (Physician) $1,780,000 $0 $0
Thielen Md Kent R (Director/Chair/Ceo Fl) $1,697,812 $0 $93,686
Gray Md Richard J (Director/Chair/Ceo Az) $1,694,419 $0 $86,298
Quinones Hinojosa Md Alfredo (Director) $1,383,121 $0 $86,557
Dahlen Dennis E (Director/Vp/Former Officer) $1,378,621 $0 $92,038
Meyer Md Fredric B (Dir/Exec Dean Of Education) $1,341,683 $0 $48,992
Murphy Joshua B (Secretary/Asst Secy) $1,314,095 $0 $96,634
Nottmeier Md Eric W (Physician) $1,296,533 $0 $87,574
Zimmerman Md Richard S (Director) $1,290,787 $0 $41,072
Bendok Md Bernard R (Physician) $1,283,286 $0 $84,139
Lyons Md Mark K (Physician) $1,275,770 $0 $97,307
Deen Jr Md Hugh G (Physician) $1,268,286 $0 $38,225
Gorman Paul A (Treasurer) $1,188,403 $0 $90,128
Ammash Md Naser M (Ceo Ssmc) $1,063,579 $0 $78,459
Williams Md Amy W (Dir/Vice Chair/Exec Dean Of Practice) $1,030,707 $0 $82,319
Zorn Christina K (Dir/Secy/Asst Treas/Cao Fl) $998,035 $0 $81,965
Sharma Mbbs Manish S (Director) $956,245 $0 $78,620
Menkosky Paula E (Dir/Asst Treas/Secy/Cao Az) $940,276 $0 $85,953
Decker Mbbch Gustav A (President International) $939,662 $0 $78,704
Halamka Md John D (President Mayo Clinic Platform) $917,010 $0 $81,036
Gilligan Sherri W (Chief Marketing Officer) $909,867 $0 $82,587
Fraser Cathryn H (Chief Human Resources Officer) $909,002 $0 $92,772
Nolte Do Charles P (Former Key Employee) $890,653 $0 $76,294

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,820,544,610
Expenses
$10,655,112,004
Net Income
$165,432,606
Net Assets
$7,266,905,074
Notable Sources of Revenue Percent of Total Revenue
Contributions $689,209,224
6.4%
Program Services $9,963,475,896
92.1%
Investment Income $70,895,429
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,996,421
0.0%
Net Fundraising $0
Sales of Assets -$3,826,447
Net Inventory Sales $2,283,899
0.0%
Other Revenue $94,510,188
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $85,864,965
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,609,415,508
33.9%
Assets/Debt
Total Assets $13,950,857,094
Total Liabilities $6,683,952,020
Net Assets $7,266,905,074
Other
Operated hospital facilities
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Farrugia Md Gianrico (Dir/Ceo/Pres/Former Officer) $2,638,370 $0 $103,692
Gostout Md Bobbie S (Dir/Vice Chair/Vp Ops/Interim Reg Vp Semn) $1,873,308 $0 $105,862
Bolton Jeffrey W (Director/Cao) $1,598,992 $0 $94,206
Thielen Md Kent R (Dir/Ceo/Chair/Vp Operations) $1,383,196 $0 $99,201
Quinones Hinojosa Md Alfredo (Director) $1,338,117 $0 $90,795
Gray Md Richard J (Director/Vp Operations) $1,327,097 $0 $83,863
Meyer Md Fredric B (Dir/Physician) $1,310,667 $0 $50,081
Zimmerman Md Richard S (Director) $1,272,723 $0 $35,834
Dahlen Dennis E (Director/Vp/Treasurer) $1,262,423 $0 $107,568
Bendok Md Bernard R (Physician) $1,257,086 $0 $86,931
Wiechmann Md Robert J (Physician) $1,256,025 $0 $84,057
Nottmeier Md Eric W (Physician) $1,250,502 $0 $84,872
Lyons Md Mark K (Physician) $1,248,412 $0 $77,316
Deen Jr Md Hugh G (Physician) $1,224,163 $0 $35,821
Hoffman Iii Harry N (Treasurer) $1,200,125 $0 $33,578
Murphy Joshua B (Secy/Asst Secy) $1,158,473 $0 $93,961
Gorman Paul A (Chief Investment Officer) $1,039,906 $0 $103,321
Sharma Mbbs Manish S (Director) $968,346 $0 $79,743
Ciota Md Mark R (Director) $918,346 $0 $87,654
Menkosky Paula E (Dir/Secy/Asst Treas) $882,404 $0 $100,568
Fraser Cathryn H (Chief Human Resources Officer) $847,355 $0 $95,327
Halamka Md John D (Pres Mayo Clinic Platform) $845,152 $0 $78,508
Williams Md Amy W (Dir/Vice Chair/Physician) $845,050 $0 $84,307
Decker Mbbch Gustav A (President International) $842,921 $0 $69,238
Ross Christopher J (Chief Information Officer) $825,220 $0 $84,932

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,416,976,478
Expenses
$9,951,608,821
Net Income
$465,367,657
Net Assets
$7,045,062,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $561,850,022
5.4%
Program Services $9,653,258,223
92.7%
Investment Income $114,763,782
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,554,090
0.0%
Net Fundraising $0
Sales of Assets -$98,095
Net Inventory Sales $3,715,214
0.0%
Other Revenue $78,933,242
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $74,558,981
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,463,102,470
34.8%
Assets/Debt
Total Assets $12,521,310,753
Total Liabilities $5,476,248,474
Net Assets $7,045,062,279
Other
Operated hospital facilities
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Farrugia Md Gianrico (Dir/Ceo/President/Former Officer) $2,685,375 $0 $89,785
Gostout Md Bobbie S (Director/Vice Chair/Vp Operations) $1,755,460 $0 $101,504
Bolton Jeffrey W (Director/Cao) $1,644,114 $0 $90,268
Hoffman Iii Harry N (Treasurer) $1,550,323 $0 $79,952
Harper Jr Md Charles M (Director/Vice Chair/Physician) $1,463,746 $0 $36,088
Thielen Md Kent R (Director/Ceo/Chair/Vp Operations) $1,327,476 $0 $88,761
Quinones Hinojosa Md Alfredo (Director) $1,319,191 $0 $87,477
Meyer Md Fredric B (Director/Physician) $1,308,005 $0 $46,558
Wiechmann Md Robert J (Physician) $1,262,493 $0 $86,251
Gorman Paul A (Chief Investment Officer) $1,257,031 $0 $90,450
Zimmerman Md Richard S (Director) $1,254,184 $0 $69,918
Wharen Md Robert E (Physician) $1,243,856 $0 $37,546
Bendok Md Bernard R (Physician) $1,243,484 $0 $79,792
Dahlen Dennis E (Director/Vp/Treasurer) $1,229,810 $0 $88,659
Eckstrom Md Michael T (Former Key Employee) $1,105,016 $0 $81,989
Murphy Joshua B (Secretary/Asst Secy) $1,075,237 $0 $84,069
Gray Md Richard J (Director/Ceo/Chair/Vp Operations) $951,672 $0 $74,057
Sharma Mbbs Manish S (Director) $892,467 $0 $74,682
Ciota Md Mark R (Director) $891,756 $0 $86,377
Nesse Md Robert E (Former Key Employee) $873,160 $0 $36,748
Stevens Md Mark K (Former Key Employee) $853,024 $0 $82,026
Rademacher Md Dana E (Former Key Employee) $849,971 $0 $80,481
Menkosky Paula E (Director/Secy/Asst Treas) $844,268 $0 $87,502
Fraser Cathryn H (Chief Human Resources Officer) $829,513 $0 $88,180
Fosko Md Scott W (Former Key Employee) $828,350 $0 $74,134

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,182,496,672
Expenses
$10,907,256,988
Net Income
$275,239,684
Net Assets
$6,538,367,163
Notable Sources of Revenue Percent of Total Revenue
Contributions $484,373,082
4.3%
Program Services $10,553,710,304
94.4%
Investment Income $95,892,410
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,691,665
0.0%
Net Fundraising $32,655
0.0%
Sales of Assets -$2,257,810
Net Inventory Sales $3,799,089
0.0%
Other Revenue $42,255,277
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $79,872,933
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,262,408,407
29.9%
Assets/Debt
Total Assets $11,732,419,125
Total Liabilities $5,194,051,962
Net Assets $6,538,367,163
Other
Operated hospital facilities
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Noseworthy Md John H (Director/Ceo/President) $3,416,776 $0 $35,861
Decker Md Wyatt W (Director/Chair/Vp Operations) $2,036,466 $0 $79,220
Farrugia Md Gianrico (Director/Chair/Vp Operations) $1,836,138 $0 $74,821
Bolton Jeffrey W (Director/Cao) $1,541,049 $0 $80,037
Gostout Md Bobbie S (Dir/Vp Operations/Vice Chair) $1,472,277 $0 $92,428
Harper Jr Md Charles M (Director/Vice Chair/Physician) $1,440,702 $0 $33,371
Wiechmann Md Robert J (Physician) $1,318,079 $0 $81,304
Quinones Hinojosa Md Alfredo (Director) $1,317,499 $0 $72,097
Meyer Md Fredric B (Director/Physician) $1,293,738 $0 $42,846
Hoffman Iii Harry N (Treasurer) $1,252,135 $0 $83,288
Wharen Md Robert E (Physician) $1,239,757 $0 $34,891
Zimmerman Md Richard S (Director) $1,226,918 $0 $84,675
Pichelmann Md Mark A (Physician) $1,214,431 $0 $62,962
Bendok Md Bernard R (Physician) $1,203,839 $0 $70,369
Lyons Md Mark K (Physician) $1,197,239 $0 $79,227
Eckstrom Md Michael T (Former Key Employee) $1,148,091 $0 $72,523
Nesse Md Robert E (Former Key Employee) $1,109,651 $0 $34,400
Dahlen Dennis E (Director/Vice President/Treasurer) $1,066,321 $0 $33,818
Stevens Md Mark K (Former Key Employee) $1,054,252 $0 $83,904
Murphy Joshua B (Secretary/Assistant Secretary) $905,630 $0 $73,501
Ciota Md Mark R (Director) $905,583 $0 $79,140
Rademacher Md Dana E (Former Key Employee) $891,175 $0 $69,748
Sharma Mbbs Manish S (Director) $862,255 $0 $66,061
Fosko Md Scott W (Former Key Employee) $854,139 $0 $82,189
Hattrup Md Steven J (Former Key Employee) $845,253 $0 $33,192

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,054,443,065
Expenses
$10,460,754,172
Net Income
$593,688,893
Net Assets
$6,314,651,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,158,822,850
10.5%
Program Services $9,724,836,204
88.0%
Investment Income $117,762,714
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,428,652
0.0%
Net Fundraising -$29,589
Sales of Assets $768,317
0.0%
Net Inventory Sales $3,571,864
0.0%
Other Revenue $45,281,390
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $82,715,184
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,110,170,200
29.7%
Assets/Debt
Total Assets $10,805,288,112
Total Liabilities $4,490,636,275
Net Assets $6,314,651,837
Other
Operated hospital facilities
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Noseworthy Md John H (Director/President/Ceo) $3,125,886 $0 $34,878
De Leeuw Dds Md Karel A (Physician) $1,736,800 $0 $16,632
Decker Md Wyatt W (Director/Chair/Ceo) $1,711,996 $0 $77,031
Bolton Jeffrey W (Director/Mayo Clinic Cao) $1,339,768 $0 $79,202
Farrugia Md Gianrico (Director/Chair) $1,292,395 $0 $73,174
Wiechmann Md Robert J (Physician) $1,245,134 $0 $92,341
Meyer Md Fredric B (Director) $1,199,420 $0 $87,902
Quinones Hinojosa Md Alfredo (Physician) $1,150,492 $0 $76,457
Wharen Md Robert E (Physician) $1,145,893 $0 $31,965
Zimmerman Md Richard S (Director) $1,137,850 $0 $85,482
Perez Md Eduardo J (Physician) $1,136,327 $0 $71,276
Lyons Md Mark K (Former Key Employee) $1,114,266 $0 $79,243
Eckstrom Md Michael T (Former Key Employee) $1,104,371 $0 $81,473
Stevens Md Mark K (Former Key Employee) $1,021,910 $0 $84,850
Nesse Md Robert E (Former Key Employee) $1,016,284 $0 $32,849
Adkins Jr Kedrick D (Director/Vice President) $941,124 $0 $85,468
Nolte Do Charles P (Former Key Employee) $873,755 $0 $66,639
Fosko Md Scott W (Former Key Employee) $861,478 $0 $83,122
Ciota Md Mark R (Director/Chair/Ceo) $855,523 $0 $84,652
Rademacher Md Dana E (Former Key Employee) $854,832 $0 $67,448
Hattrup Md Steven J (Former Key Employee) $795,920 $0 $33,371
Ortiz Md Jose A (Director) $786,801 $0 $94,171
Ivance Md David W (Former Key Employee) $768,876 $0 $76,803
Fraser Cathryn H (Former Key Employee) $762,051 $0 $79,927
Sharma Mbbs Manish S (Director) $754,810 $0 $73,594

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,524,402,705
Expenses
$9,232,511,420
Net Income
$291,891,285
Net Assets
$5,674,324,533
Notable Sources of Revenue Percent of Total Revenue
Contributions $280,724,980
2.9%
Program Services $9,131,278,003
95.9%
Investment Income $63,807,313
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,937,041
0.0%
Net Fundraising -$95,997
Sales of Assets -$4,231,361
Net Inventory Sales $2,276,645
0.0%
Other Revenue $47,714,545
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $91,494,949
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,001,805,937
32.5%
Assets/Debt
Total Assets $10,030,682,757
Total Liabilities $4,356,358,224
Net Assets $5,674,324,533

Document Links

Fiscal Year Ending Dec.
2014

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »