EIN 39-0806261

Medical College of Wisconsin (MCW)

IRS 501(c) type
501(c)(3)
Num. employees
7,385
Year formed
1918
Most recent tax filings
2022-06-01
Description
Medical College of Wisconsin (MCW) is a private, freestanding medical school and graduate school located in Milwaukee, Wisconsin, United States. MCW has 3 regional campuses located in Milwaukee, Green Bay, and Wausau (Central Wisconsin).
Total revenues
$1,613,951,767
2022
Total expenses
$1,375,096,323
2022
Total assets
$2,894,883,838
2022
Num. employees
7,385
2022

Program areas at MCW

Education - Approximately 1,600 students are enrolled in degree-granting educational programs at MCW. This includes 1,023 medical students, 409 graduate students, 130 pharmacy students, and 53 Master of Science in Anesthesia students. MCW faculty supervise more than 700 physicians in residency training and 200 physicians in fellowship training through the Medical College of Wisconsin Affiliated Hospitals, Inc. (CONTINUED IN SCHEDULE O)
Patient Care - Approximately 1,780 MCW physicians and 905 nurse practitioners, physician assistants, and other health care practitioners provide adult patient care as the Medical College Physicians and pediatric patient care through Children's Specialty Group, a joint venture with Children's Hospital and Health System. The MCW physician practice includes doctors in every specialty and subspecialty of medicine. (CONTINUED IN SCHEDULE O)
Research - MCW is a major national research center and the second largest research institution in Wisconsin. In fiscal year 2022, MCW invested $348.0 million in research, teaching, training and related purposes which will lead to improved patient care and health outcomes. This total includes $132.3 million from the National Institutes of Health (NIH). MCW ranks in the top third of U.S. medical schools in NIH research support. (CONTINUED IN SCHEDULE O)

Grants made by MCW

GranteeGrant descriptionAmount
Be the MatchResearch Subaward$10,872,767
Versiti Wisconsin (BCW)Res Sub/ahw$1,812,579
Augusta University Research InstituteResearch Subaward$936,967
...and 110 more grants made totalling $30,550,221

Who funds Medical College of Wisconsin (MCW)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Cancer Society (ACS)Extramural Research Grant$1,440,000
United Way of Greater Milwaukee and Waukesha CountyDonor Designations$1,270,978
Macc FundResearch$1,250,000
...and 111 more grants received totalling $15,559,087

Personnel at MCW

NameTitleCompensation
John R RaymondTrustee and President and Chief Executive Officer$2,066,220
Christopher P KopsExecutive Vice President for Finance and Administration and Chief Operating Officer / Executive Vice President for Finance and Administration / Executive Vice President - Finance and Administration , Chief Operating Officer / Senior Vice President and Chief Operating Officer$823,055
Mitchell BeckmanVice President - Development , Chief Financial Officer / Vice President - Development and Chief Financial Officer FM 9 and 16 and 19$399,398
Shelisa DaltonChief Financial Officer$352,088
David HotchkissVice President - Information Services , Chief Information Officer / Vice President - Info Services and Chief Information Officer$424,388
...and 30 more key personnel

Financials for MCW

RevenuesFYE 06/2022
Total grants, contributions, etc.$224,509,895
Program services$1,145,495,436
Investment income and dividends$27,862,181
Tax-exempt bond proceeds$242
Royalty revenue$1,212,070
Net rental income$229,418
Net gain from sale of non-inventory assets$214,616,572
Net income from fundraising events$-48,435
Net income from gaming activities$0
Net income from sales of inventory$74,388
Miscellaneous revenues$0
Total revenues$1,613,951,767

Form 990s for MCW

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
2019-062020-09-17990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s

Organizations like MCW

OrganizationLocationRevenue
Amherst COLLEGE TrusteesAmherst, MA$604,902,946
Fairfield UniversityFairfield, CT$415,893,981
Rush University Medical CenterChicago, IL$2,591,581,148
University of RochesterRochester, NY$4,935,271,271
Yale UniversityNew Haven, CT$7,410,414,729
Wake Forest University (WFU)Winston Salem, NC$715,438,504
Midwestern UniversityDowners Grove, IL$519,542,731
Williams CollegeWilliamstown, MA$557,181,278
Yale New Haven Hospital (YNHH)New Haven, CT$3,904,285,739
Mayo ClinicRochester, MN$7,075,354,210
Data update history
February 3, 2024
Received grants
Identified 106 new grant, including a grant for $1,440,000 from American Cancer Society (ACS)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 13 new vendors, including , , , , , , , , , , , , and
July 3, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersAuction fundraisersTax deductible donations
General information
Address
8701 Watertown Plank Rd
Milwaukee, WI 53226
Metro area
Milwaukee-Waukesha, WI
County
Milwaukee County, WI
Website URL
mcw.edu/ 
Phone
(414) 955-8296
Facebook page
medicalcollegeofwisconsin 
Twitter profile
@medicalcollege 
IRS details
EIN
39-0806261
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1918
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
Free account sign-up

Want updates when MCW has new information, or want to find more organizations like Medical College of Wisconsin (MCW)?

Create free Cause IQ account