Mayo Clinic in Rochester, Minnesota (MN)

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Mayo Clinic
Employer Identification Number (EIN)416011702
Name of OrganizationMayo Clinic
Address200 1st St Sw, Rochester, MN 55905-0001
ActivitiesPrivate school, Scientific research (diseases), Contact or sponsored scientific research for industry
SubsectionEducational Organization, Scientific Organization
Ruling Date01/1947
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$9,966,983,729
Amount of Income$6,024,621,187
Form 990 Revenue Amount$4,560,196,033
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Community Health Systems


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Amount of income in 2013: $6,024,621,187
This organization: 

 $6,024,621,187
Other organizations performing similar types of work: 

 $6,791,313

Assets in 2013: $9,966,983,729
Mayo Clinic: 

 $9,966,983,729
Other organizations performing similar types of work: 

 $5,000,000

Expenses in 2012: $3,653,597,704
Mayo Clinic: 

 $3,653,597,704
Other organizations performing similar types of work: 

 $5,603,496

Income to expenses ratio in 2012: 1.6
Mayo Clinic: 

 1.6
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 89.4%
Mayo Clinic: 

 89.4%
Other organizations performing similar types of work: 

 86.4%

Number of employees in 2012: 20,028
This organization: 

 20,028
Other organizations performing similar types of work: 

 83

Employees paid over $100,000 in 2012: 16.4%
This organization: 

 16.4%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2012: 20.0%
This organization: 

 20.0%
Other organizations performing similar types of work: 

 0.5%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$3,899,496,167
Contributions, Gifts, Grants and Other Similar Amounts$781,802,012
Program Service Revenue$2,789,929,988
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$211,701,434
Income from investment of tax-exempt bond proceeds$1,714,113
Royalties$1,888,561
Net rental loss$-1,117,651
Gross rents (Real / Personal)$1,421,885 / $0
Less: rental expenses (Real / Personal)$2,539,537 / $0
Rental income or (loss) (Real / Personal)$-1,117,651 / $0
Net gain from sales of assets other than inventory$92,293,318
Gross amount from sales of assets other than inventory (Securities / Other)$1,505,144,060 / $8,971,784
Less: cost or other basis and sales expenses (Securities / Other)$1,413,339,297 / $8,483,229
Gain or (loss) (Securities / Other)$91,804,763 / $488,555
Net loss from fundraising events$-7,588
Gross income from fundraising events$2,025
Less: direct expenses$9,613
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$21,291,980
Statement of Functional Expenses (for 2012)
Total functional expenses$3,653,597,704
Compensation of current officers, directors, trustees, and key employees$19,991,602
Other salaries and wages$1,459,754,136
Payroll taxes$93,144,824
Professional fundraising services$1,792,568
Other$2,078,914,574
Balance Sheet (for 2012)
Total assets$8,532,788,121
Total liabilities$7,081,916,066
Tax-exempt bond liabilities$1,898,206,436
Secured mortgages and notes payable to unrelated third parties$276,079,874
Unsecured notes and loans payable to unrelated third parties$0
Other$4,907,629,756
Total net assets or fund balances$1,450,872,055
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$14,584,096,785
Gifts, grants, contributions, and membership fees received$2,986,713,711
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$11,121,194,799
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$437,062,041
Other$39,126,234
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$1,101,251,582$1,272,619,871$1,374,931,194$1,730,997,528$1,908,114,780$2,182,545,768$2,321,327,811$2,781,756,930
Contributions, gifts, grants, and similar amounts received$132,993,696$146,493,664$172,542,844$187,727,226$216,184,601$254,395,700$230,001,787$643,269,354
Contributions to donor advised funds$0$0
Direct public support$0$0$0$0$0$0$0$16,500,000
Indirect public support$42,133,083$36,555,908$35,228,156$29,964,550$33,142,927$62,575,124$27,745,517$418,274,227
Government contributions (grants)$90,860,613$109,937,756$137,314,688$157,762,676$183,041,674$191,820,576$202,256,270$208,495,127
Program service revenue including government fees and contracts$960,472,597$1,120,292,815$1,201,128,155$1,543,667,805$1,692,945,404$1,921,883,748$2,074,475,827$2,115,974,213
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$11,556$0$3,586$3,087$7,392$4,116$0$0
Dividends and interest from securities$9,224,060$4,555,619$5,632,497$2,424,453$7,879,474$4,121,792$0$0
Net rental income or (loss)$1,122,459$-130,829$-90,586$-289,986$-301,092$-68,032$956,343$96,852
Gross rents$1,122,459$1,311,353$1,609,154$1,187,439$1,491,030$1,294,367$2,008,043$1,604,279
Less: rental expenses$0$1,442,182$1,699,740$1,477,425$1,792,122$1,362,399$1,051,700$1,507,427
Other investment income$51,267$1,599,321$23,000$0$0$0$6,953,926$7,166,795
Gain or (loss) from sales of assets other than inventory$-1,961,079$-883,903$-4,960,325$-3,185,285$-8,989,351$1,101,282$-5,612,742$-2,920,953
Gross amount from sales of assets other than inventory$133,743,761$139,169,871$294,999,580$141,260,893$5,592,003$26,631,358$1,402,854$3,037,604
Less: cost or other basis and sales expenses$135,704,840$140,053,774$299,959,905$144,446,178$14,581,354$25,530,076$7,015,596$5,958,557
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$809,410$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$2,159,276$0$0
Less: cost of goods sold$0$0$0$0$0$1,349,866$0$0
Other revenue$-662,974$693,184$652,023$650,228$388,352$297,752$14,552,670$18,170,669
Total expenses$1,139,260,613$1,293,107,691$1,526,377,836$1,710,792,821$1,843,623,233$2,106,426,133$2,374,491,969$2,772,282,331
Program services$1,039,642,262$1,182,080,428$1,425,607,898$1,615,905,482$1,731,480,243$1,962,180,763$2,105,238,637$2,479,489,365
Management and general$99,618,351$111,027,263$100,769,938$94,887,339$112,142,990$144,245,370$269,161,459$292,491,577
Fundraising$0$0$0$0$0$0$91,873$301,389
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$709,103,416$882,389,086$686,977,344$783,130,255$816,772,343$893,628,248$627,598,235$635,544,733
Excess or (deficit) for the year$-38,009,031$-20,487,820$-151,446,642$20,204,707$64,491,547$76,119,635$-53,164,158$9,474,599
Net assets or fund balances at beginning of year$2,356,072,637$709,103,416$882,389,086$686,977,344$783,130,255$816,772,343$893,628,248$627,598,235
Other changes in net assets or fund balances$-1,608,960,190$193,773,490$-43,965,100$75,948,204$-30,849,459$736,270$-212,865,855$-1,528,101
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$2,772,282,331$2,479,489,365$292,491,577$301,389
Grants paid from donor advised funds$0
Other grants and allocations$321,842,230
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$7,045,236$4,198,023$2,547,354$299,859
Compensation of former officers, directors, key employees, etc.$11,218,707$10,303,001$915,706$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$1,259,173,045$1,184,525,650$74,647,395$0
Pension plan contributions not included above$86,195,740$81,023,996$5,171,744$0
Employee benefits not included above$112,916,692$108,699,888$4,216,804$0
Payroll taxes$78,272,357$73,576,016$4,696,341$0
Professional fundraising fees$0$0$0$0
Accounting fees$365,022$64,872$300,150$0
Legal fees$655,259$653,359$1,900$0
Supplies$277,331,239$256,462,210$20,867,499$1,530
Telephone$3,426,860$766,815$2,660,045$0
Postage and shipping$8,244,921$7,522,709$722,212$0
Occupancy$66,183,215$47,899,099$18,284,116$0
Equipment rental and maintenance$39,286,720$29,056,858$10,229,862$0
Printing and publications$9,866,588$9,170,551$696,037$0
Travel$31,353,299$29,946,385$1,406,914$0
Conferences, conventions, and meetings$1,748,621$1,703,289$45,332$0
Interest$39,139,273$39,139,273$0$0
Depreciation, depletion, etc.$124,520,006$108,673,622$15,846,384$0
Other expenses not covered above$293,497,301$164,261,519$129,235,782$0
Balance Sheets
20002001200220032004200520062007
Total assets$1,609,347,897$1,981,734,814$1,655,324,295$1,770,423,070$1,822,474,396$1,947,804,667$1,759,180,064$2,601,604,176
Cash - non-interest-bearing$109,627$142,328$128,828$130,614$85,897$57,929$62,876$65,014
Savings and temporary cash investments$8,881,406$11,271,754$855,624$458,002$2,065,616$1,673,343$2,571,714$1,347,023
Accounts receivable less allowance for doubtful accounts$162,308,350$191,830,417$192,831,953$190,801,374$189,432,852$195,453,222$208,797,816$226,111,478
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$58,896,741
Grants receivable$23,992,843$0$0$40,553,746$35,287,259$36,650,288$37,420,680$47,704,614
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$13,384,007$12,721,260$9,829,029$8,572,042$6,917,618$5,202,282$6,298,835$2,094,039
Inventories for sale or use$22,200,973$32,275,508$22,469,598$21,534,684$19,052,752$18,069,921$1,439,376$1,525,093
Prepaid expenses and deferred charges$3,167,704$2,483,988$13,425,745$36,296,470$40,922,422$12,304,752$5,935,121$8,449,138
Investments - publicly-traded securities$0$0
Investments - other securities$161,032,777$297,046,196$100,861,125$27,280,870$48,997,833$95,249,901$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$2,262,579$0$0$0$0$6,606,311$6,460,182
Investments - other$157,672,566$210,214,081$215,403,944$220,193,821$240,921,938$234,566,150$245,867,203$356,143,080
Land, buildings, and equipment less accumulated depreciation$849,400,010$943,233,175$1,041,371,973$1,075,543,469$1,078,969,181$1,119,235,029$1,140,528,169$1,245,172,400
Other assets, including program-related investments$207,197,634$278,253,528$58,146,476$149,057,978$159,821,028$229,341,850$103,651,963$647,635,374
Total liabilities$900,244,481$1,099,345,726$968,346,951$987,292,815$1,005,702,053$1,054,176,419$1,131,581,829$1,966,059,443
Accounts payable and accrued expenses$178,171,793$173,709,994$209,591,889$240,315,935$272,003,731$305,615,723$249,366,924$144,875,141
Grants payable$70,406,120$80,633,607$82,265,487$79,842,238$0$0$0$0
Deferred revenue$8,981,188$8,753,610$9,642,451$9,496,378$72,649,575$64,594,212$75,987,598$42,424,681
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$573,889,299$773,928,148$573,966,998$574,005,847$574,044,697$574,083,546$608,424,477$1,008,411,948
Mortgages and other notes payable$9,240,457$9,240,457$8,625,659$8,524,995$7,493,551$6,841,241$7,639,233$6,466,408
Other liabilities$59,555,624$53,079,910$84,254,467$75,107,422$79,510,499$103,041,697$190,163,597$763,881,265
Total liabilities and net assets/fund balances$1,609,347,897$1,981,734,812$1,655,324,295$1,770,423,070$1,822,474,396$1,947,804,667$1,759,180,064$2,601,604,176
Total net assets or fund balances$709,103,416$882,389,086$686,977,344$783,130,255$816,772,343$893,628,248$627,598,235$635,544,733
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$0$0$0$0$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$0$0$0$0$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$205,184$71,608$0
1$408,114$88,335$0
1$187,998$73,705$0
1$793,722$338,702$0
1$552,424$119,167$0
1$381,010$85,533$0
1$473,187$140,302$0
1$519,188$90,920$0
1$371,739$126,493$0
1$299,735$84,208$0
1$555,462$142,713$0
1$271,641$61,897$0
1$172,710$66,832$0
1$254,639$108,068$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings15
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits
Loans and AdvancesCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
$0$558,753$162,563$0
$0$557,763$121,101$0
$0$515,349$100,597$0
$0$4,905,354$0$0
$0$524,415$130,875$0
$0$287,425$61,117$0
$0$2,422,246$7,065$0
$0$345,257$124,911$0
$0$323,759$70,157$0
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200619,610
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$189,195,079$20,039,488$1,929,253,009
Program service revenue
Program service revenue 1000000$000$0$1,276,639,048
Program service revenue 2Administrative and support services$426,32800$0$187,859,691
Program service revenue 3Medical and diagnostic laboratories$186,580,79000$0$0
Program service revenue 4000000$000$0$74,874,172
Program service revenue 5Medical and diagnostic laboratories$570,29100$0$38,074,620
$0$0$1,276,639,048
$0$0$74,874,172
$0$0$26,465,164
Medical and diagnostic laboratories$570,291$0$6,692,129
Administrative and support services$426,328$0$187,859,691
$0$0$4,917,327
Medical and diagnostic laboratories$186,580,790$0$0
Medicare/Medicaid payments000000$000$0$350,949,274
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed propertyHotels (except casino hotels) and motels$858,837Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$-761,985$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$7,166,795$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-2,920,953$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenueManagement consulting services$758,833Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$16,555,631$856,205
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
41026483078%$-200,119$53,479,882
410506870100%$2,571,593$2,032,319
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$4,905,354$0$0
$2,628,253$23,610$0
$2,488,893$579$0
$2,422,246$7,065$0
$2,323,309$2,536$0
Total number of other employees paid over $50,0007,693
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$116,573
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
19992000200120022003200420052006
Total$1,096,384,976$1,103,212,661$1,273,503,774$1,379,891,519$1,734,182,813$1,916,418,264$2,174,898,488$2,326,586,953
Gifts, grants, and contributions received$147,266,216$132,993,696$146,493,664$172,542,844$187,727,226$216,184,601$254,395,700$230,001,787
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$911,323,854$960,240,434$1,118,851,094$1,195,902,086$1,543,273,978$1,681,584,140$1,907,632,765$2,061,494,316
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$37,118,276$10,641,505$7,465,832$10,794,566$2,531,381$18,261,171$12,572,271$20,891,780
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$676,630$-662,974$693,184$652,023$650,228$388,352$297,752$14,199,070
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$-18,917,461$0$-1,891,746
Gross receipts or sales less returns and allowances$2,212,090,741$0$0
Cost of goods sold$2,230,360,991$0$0
Gross profit$-18,270,251$0$-1,827,025
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$-647,211$0$-64,721
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$1,918,106
Compensation of officers, directors, and trustees$0
Salaries and wages$701,859
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$295,084
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$69,755
Excess exempt expenses$0
Excess readership costs$0
Other deductions$851,408
Unrelated business taxable income$-3,809,852
Unrelated business taxable income before net operating loss deduction$-3,809,852
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-3,809,852
Specific deduction$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Mayo Clinic200 1st St Sw, Rochester, MN 55905-0001MN1947-01$6,024,621,187
2Mayo Clinic, Mayo Fndn For Medical Ed & Research200 First Street Sw, Rochester, MN 55905-0001MN2014-03$1,069,644,456
3Mayo Clinic, Mayo Clinic Hospital Rochester200 First Street Sw, Rochester, MN 55905-0001MN2014-03$989,100,186
4Mayo Clinic, Mayo Clinic Health System-Mankato1025 Marsh St, Mankato, MN 56001-4752MN2014-03$320,182,073
5Mayo Clinic, Mayo Clinc Hs Albert Lea And Austin1000 1st Dr Nw, Austin, MN 55912-2941MN2014-03$278,727,003
6Mayo Clinic, Mayo Clinic Health System Red WingPO BOX 95, Red Wing, MN 55066-0095MN2014-03$99,279,658
7Mayo Clinic, Mayo Clinic Health System-Fairmont800 Medical Center Dr, Fairmont, MN 56031-4575MN2014-03$82,393,676
8Sanford, Sanford Med Cntr Thief River Falls3001 Sanford Pkwy, Thief Rvr Fls, MN 56701-2700MN2011-04$68,971,183
9Glencoe Regional Health Services1805 Hennepin Ave N, Glencoe, MN 55336-1416MN2000-08$54,982,418
10Mayo Clinic Health System New Prague301 2nd St Ne, New Prague, MN 56071-1709MN2014-03$37,009,750
11Centracare Health System-Long Prairie, Long Prairie Hospital & Nursing Hom20 9th St Se, Long Prairie, MN 56347-1404MN1999-07$26,008,072
12Mayo Clinic, Charterhouse Inc200 First Street Sw, Rochester, MN 55905-0001MN2014-03$23,816,488
13Mayo Clinic, Mayo Clinic Health System-Waseca501 State St N, Waseca, MN 56093-2811MN2014-03$21,708,752
14Mayo Clinic, Gold Cross Ambulance Service200 First Street Sw, Rochester, MN 55905-0001MN2014-03$43,034,103
15Mayo Clinic, Mayo Clinic Health System-Lake City500 W Grant St, Lake City, MN 55041-1143MN2014-03$40,805,806
16Mayo Clinic, Mayo Clinic Hlth Sys-Cannon Falls32021 County 24 Blvd, Cannon Falls, MN 55009-5003MN2014-03$26,795,002
17Farmington Health Services3410 213th St W, Farmington, MN 55024-1167MN2003-12$7,940,376
18Chisholm Health Center801 Nevada Ave Ste 100, Morris, MN 56267-1874MN1997-11$5,907,249
19Pennington Health Services, Theif River Center801 Nevada Ave Ste 100, Morris, MN 56267-1874MN2007-06$5,593,484
20Mayo Clinic, Poverello Foundation200 First Street Sw, Rochester, MN 55905-0001MN2014-03$5,309,583
Number of organizations performing similar types of work
Alabama6
Arkansas5
Arizona2
California34
Colorado11
Connecticut6
District of Columbia3
Delaware2
Florida20
Georgia23
Hawaii9
Iowa2
Idaho5
Illinois23
Indiana10
Kansas8
Kentucky8
Louisiana5
Massachusetts67
Maryland7
Maine6
Michigan36
Minnesota39
Missouri15
Mississippi4
Montana3
North Carolina27
North Dakota14
Nebraska4
New Hampshire3
New Jersey33
New Mexico3
Nevada2
New York45
Ohio26
Oklahoma7
Oregon6
Pennsylvania46
Rhode Island5
South Carolina2
South Dakota10
Tennessee7
Texas62
Utah3
Virginia29
Vermont2
Washington8
Wisconsin25
West Virginia8
Wyoming1
International1
Total738
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralMayo Clinic200 1st St Sw, Rochester, MN 55905-0001MN1947-01$6,024,621,187
SubordinateMayo Clinic, Mayo Clinic Arizona13400 East Shea Blvd, Scottsdale, AZ 85259-5452AZ2014-03$1,085,283,526
SubordinateMayo Clinic, Mayo Fndn For Medical Ed & Research200 First Street Sw, Rochester, MN 55905-0001MN2014-03$1,069,644,456
SubordinateMayo Clinic, Mayo Clinic Hospital Rochester200 First Street Sw, Rochester, MN 55905-0001MN2014-03$989,100,186
SubordinateMayo Clinic, Mayo Clinic Jacksonville4500 San Pablo Rd S, Jacksonville, FL 32224-1865FL2014-03$658,836,924
SubordinateMayo Clinic, Mayo Clinic Florida4500 San Pablo Rd S, Jacksonville, FL 32224-1865FL2014-03$456,988,382
SubordinateMayo Clinic, Franciscan Medical Center Inc700 West Ave S, La Crosse, WI 54601-4783WI2014-03$432,562,031
SubordinateMayo Clinic, Mayo Clinic Health System-Mankato1025 Marsh St, Mankato, MN 56001-4752MN2014-03$320,182,073
SubordinateMayo Clinic, Eau Claire Hospital Inc1221 Whipple St, Eau Claire, WI 54703-5270WI2014-03$308,150,309
SubordinateMayo Clinic, Mayo Clinc Hs Albert Lea And Austin1000 1st Dr Nw, Austin, MN 55912-2941MN2014-03$278,727,003
SubordinateMayo Clinic, Eau Claire Clinic Inc733 W Clairemont Ave, Eau Claire, WI 54701-6101WI2014-03$224,698,736
SubordinateMayo Clinic, Mayo Clinic Health System Waycross1900 Tebeau St, Waycross, GA 31501-6357GA2014-03$163,145,334
SubordinateMayo Clinic, Mayo Clinic Health System Red WingPO BOX 95, Red Wing, MN 55066-0095MN2014-03$99,279,658
SubordinateMayo Clinic, Red Cedar Inc2321 Stout Rd, Menomonie, WI 54751-7003WI2014-03$95,544,342
SubordinateMayo Clinic, Mayo Clinic Health System-Fairmont800 Medical Center Dr, Fairmont, MN 56031-4575MN2014-03$82,393,676
SubordinateMayo Clinic, Northland Inc1222 E Woodland Ave, Barron, WI 54812-1798WI2014-03$60,574,410
SubordinateMayo Clinic Health System New Prague301 2nd St Ne, New Prague, MN 56071-1709MN2014-03$37,009,750
SubordinateMayo Clinic, Mayo Clinic Health System-Oakridge13025 8th St, Osseo, WI 54758-7634WI2014-03$27,656,051
SubordinateMayo Clinic, Charterhouse Inc200 First Street Sw, Rochester, MN 55905-0001MN2014-03$23,816,488
SubordinateMayo Clinic, Mayo Clinic Health System-Waseca501 State St N, Waseca, MN 56093-2811MN2014-03$21,708,752
Number of affiliated organizations
Arizona1
Florida2
Georgia1
Minnesota16
Wisconsin14
Total34

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