THE MOUNT SINAI HOSPITAL Charity Report

Public IRS 990 nonprofit record

THE MOUNT SINAI HOSPITAL

EIN 13-1624096 · General Hospitals (E22)

What they do

MOUNT SINAI is COMMITTED to THE ADVANCEMENT of THE ART and SCIENCE of MEDICINE THROUGH CLINICAL EXCELLENCE. THE CENTRAL MISSION CONSISTS of HIGH-QUALITY PATIENT CARE and TEACHING CONDUCTED IN AN ATMOSPHERE of SOCIAL CONCERN and SCHOLARLY INQUIRY INTO NATURE, CAUSATION, PREVENTION and TREATMENT of HUMAN DISEASE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders57 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

88.34%of revenue went to mission work90.6% of expenses · Program services

0.06%of revenue went to fundraising0.1% of expenses

$97.54spent for every $100 of revenueRevenue covered expenses this year.

9.14%of revenue went to management and office costs9.4% of expenses

$1.30in assets for every $1 spent this yearSome assets cannot be spent right away.

2.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $2,923,814 for KENNETH DAVIS (TRUSTEE AND FORMER OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,653,204,635

Mission workProgram services$4,110,793,45088.34% of revenue90.6% of expenses

ManagementOffice and general costs$425,308,0819.14% of revenue9.4% of expenses

FundraisingAsking for donations$2,792,4360.06% of revenue0.1% of expenses

Revenue left after expensesReported annual surplus$114,310,6682.46% of revenueShown in gray on the chart

Total expenses$4,538,893,96797.54% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.6% mission · 9.4% management · 0.1% fundraisingTotal expenses: 97.54% of revenue

2023Expense mix: 90.1% mission · 9.9% management · 0.0% fundraisingTotal expenses: 99.85% of revenue

2022Expense mix: 90.1% mission · 9.9% management · 0.0% fundraisingTotal expenses: 97.18% of revenue

2021Expense mix: 90.1% mission · 9.9% management · 0.0% fundraisingTotal expenses: 93.65% of revenue

2020Expense mix: 89.7% mission · 10.2% management · 0.0% fundraisingTotal expenses: 97.56% of revenue

2019Expense mix: 89.8% mission · 10.2% management · 0.1% fundraisingTotal expenses: 94.84% of revenue

2018Expense mix: 90.0% mission · 9.9% management · 0.1% fundraisingTotal expenses: 94.19% of revenue

2017Expense mix: 90.2% mission · 9.7% management · 0.1% fundraisingTotal expenses: 90.42% of revenue

Money in and money out

Revenue$4,653,204,635

Expenses$4,538,893,967

Annual surplus $114,310,668 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,110,793,450 · 90.6% of expenses

Management and office costs$425,308,081 · 9.4% of expenses

Fundraising$2,792,436 · 0.1% of expenses

See all reported dollar amounts

Revenue$4,653,204,635

Expenses$4,538,893,967

Assets$5,887,180,821

Income$4,653,222,373

Contributions$126,571,674

Mission work (program services)$4,110,793,450

Fundraising$2,792,436

Grants given$1,149,571,781

Average grant$23,949,412

Management and general$425,308,081

Executive compensation (total)$10,360,388

Stocks and bonds$485,888,800

Accounting fees$3,537,011

Investing fees$4,432,391

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KENNETH DAVISTRUSTEE AND FORMER OFFICER · 2 hrs/week $2,923,814Base $2,825,745 · Other $98,069

DAVID L REICHPRESIDENT AND SYSTEM CHIEF CLINICAL OFFICER · 58 hrs/week $2,220,809Base $2,154,844 · Other $65,965

BRENDAN CARR 1CHIEF EXECUTIVE OFFICER (START 1/1/24) · 22 hrs/week $2,124,308Base $2,076,835 · Other $47,473

SCOTT PITTMANSR VP SYS CHIEF INVESTMENT OFF · 31 hrs/week $1,246,778Base $1,176,145 · Other $70,633

SAMIN SHARMAPROFESSOR, CARDIOLOGY · 32 hrs/week $1,182,568Base $1,139,259 · Other $43,309

DENNIS CHARNEY 1PRESIDENT, ACADEMIC AFFAIRS · 22 hrs/week $1,041,276Base $984,219 · Other $57,057

MARGARET PASTUSZKOSYSTEM PRESIDENT & CHIEF OPERATING OFFICER · 21 hrs/week $946,739Base $873,895 · Other $72,844

MICHAEL PASTIERSVP, CHIEF FINANCIAL OFFICER · 33 hrs/week $903,169Base $814,878 · Other $88,291

SHIRISH HUPRIKARPROFESSOR, INFECTIOUS DISEASE · 60 hrs/week $870,459Base $798,675 · Other $71,784

JONATHAN KYRIACOUCHIEF OPERATING OFFICER · 60 hrs/week $862,193Base $820,713 · Other $41,480

STEPHEN HARVEYEVP, SYSTEM CFO (END 12/31/24) · 20 hrs/week $837,626Base $752,534 · Other $85,092

CAMERON HERNANDEZEXECUTIVE DIRECTOR & COO MSHQ · 60 hrs/week $834,327Base $764,197 · Other $70,130

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (57)

KENNETH DAVISTRUSTEE AND FORMER OFFICER

DAVID L REICHPRESIDENT AND SYSTEM CHIEF CLINICAL OFFICER

BRENDAN CARR 1CHIEF EXECUTIVE OFFICER (START 1/1/24)

SCOTT PITTMANSR VP SYS CHIEF INVESTMENT OFF

SAMIN SHARMAPROFESSOR, CARDIOLOGY

DENNIS CHARNEY 1PRESIDENT, ACADEMIC AFFAIRS

MARGARET PASTUSZKOSYSTEM PRESIDENT & CHIEF OPERATING OFFICER

MICHAEL PASTIERSVP, CHIEF FINANCIAL OFFICER

SHIRISH HUPRIKARPROFESSOR, INFECTIOUS DISEASE

JONATHAN KYRIACOUCHIEF OPERATING OFFICER

STEPHEN HARVEYEVP, SYSTEM CFO (END 12/31/24)

CAMERON HERNANDEZEXECUTIVE DIRECTOR & COO MSHQ

JEREMY BOALFORMER OFFICER

BETH ESSIGEVP, GENERAL COUNSEL

EMMA PALMEREVP, CHIEF OF STAFF & EXTERNAL AFFAIRS

FRANK CINOSVP, SYSTEM CHIEF RISK OFFICER

JEFFREY SILBERSTEINEVP, SYSTEM CAO

VINCENT TAMMAROEVP, SYSTEM CFO (START 10/1/24)

KELLY CASSANOEVP, SYS AMBULATORY OPERATION

BETH YAGODAEVP, SYSTEM CHIEF ADMINISTRATIVE OFFICER

LEWIS PELLTRUSTEE

ROBERT F SAVAGE JRTRUSTEE

KIMBERLEY HARRISTRUSTEE

JUDITH O RUBINVICE CHAIRMAN/TRUSTEE

JOHN B HESSVICE CHAIRMAN/TRUSTEE

MARC S LIPSCHULTZTRUSTEE

MICHAEL MINIKESVICE CHAIR/TREASURER/TRUSTEE

MICHAEL ZIMMERMANTRUSTEE

RICHARD A FRIEDMANCO-CHAIRMAN OF BOARD/TRUSTEE

JEFF T BLAUVICE CHAIRMAN/TRUSTEE

STEVEN HOCHBERGVICE CHAIRMAN/TRUSTEE

SUSAN R CULLMANVICE CHAIRMAN/TRUSTEE

THOMAS W STRAUSSVICE CHAIRMAN/TRUSTEE

WILLIAM H WRIGHT IITRUSTEE

FRANK BISIGNANOTRUSTEE

ANDREW SAULVICE CHAIRMAN/TRUSTEE

ANDREW M ALPERTRUSTEE

BONNIE M DAVISVICE CHAIRMAN

BRAD KARPSECRETARY/TRUSTEE

BURTON P DRAYERFORMER OFFICER

CARL ICAHNVICE CHAIRMAN

DAVID WINDREICHTRUSTEE

DONALD J GOGELVICE CHAIRMAN/TRUSTEE

EDGAR M CULLMAN JRTRUSTEE

ERIC FRIEDMANTRUSTEE

ERIC MINDICHVICE CHAIRMAN/TRUSTEE

JOHN A LEVINVICE CHAIRMAN/TRUSTEE

GLENN DUBINVICE CHAIRMAN

HAMILTON JAMESVICE CHAIRMAN

HENRY R KRAVISVICE CHAIRMAN

HON ROBERT E RUBINVICE CHAIRMAN

JAMES KEMPNERTRUSTEE

JAMES NEARYVICE CHAIRMAN/TRUSTEE

JAMES S TISCHCO-CHAIRMAN OF BOARD/TRUSTEE

JAMES W CRYSTALVICE CHAIRMAN

JOEL I PICKETVICE CHAIRMAN/TRUSTEE

JOEL S EHRENKRANZVICE CHAIRMAN/TRUSTEE

About this charity

Recognized since: January 1938
Location: 1 GUSTAVE L LEVY PL, NEW YORK, NY 10029-6504
County: New York
In care of: % WILLIAM PURNELL
Primary officer: Bill Purnell, SVP

How to reach them

WebsiteVisit the charity’s website Phone(212) 731-3149 Officer phone(646) 605-4217

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: General Hospitals (E22)
IRS tax category: General Hospitals
Grant-giving organization: Yes