EIN 13-1924236

Memorial Sloan-Kettering Cancer Center

IRS 501(c) type
501(c)(3)
Num. employees
23,338
Year formed
1960
Most recent tax filings
2019-12
NTEE code, primary
Financials as of 2019-12
Revenues
$999.2m
-$69m
-6.4%
 
$780m: Prog svcs
 
$101m: Non-invt sales, net
 
$55m: Invst income
 
$63m: Misc other revenues
Expenses
$992.6m
+$134m
15.6%
 
$371m: Salaries, non-officers
 
$131m: Office
 
$77m: Fee-for-service, other
 
$414m: Misc other expenses
Assets
$5.7b
+$480m
9.1%
 
$2b: Stocks & bonds
 
$864m: Other sec
 
$849m: A/R
 
$2b: Misc other assets
Liabilities
$3.6b
+$397m
12.6%
 
$1b: Unsecured notes
 
$1b: Tax-exempt bonds
 
$540m: Other lia
 
$427m: Misc other liabilities
Description
Memorial Sloan-Kettering Cancer Center is dedicated to this mission: leadership in the prevention, treatment, and cure of Cancer through excellence, vision, and cost-effectiveness in patient care, outreach programs, research, and education. Leadership...
Related structure
Memorial Sloan-Kettering Cancer Center is a parent organization to a group of 9 other organizations.

Program areas at Memorial Sloan-Kettering Cancer Center

Memorial Sloan-Kettering Cancer Center provides the following services to its affiliated organizations: financial administration, executive management, human resources, facility management, general and environmental services, procurement, public affairs, research technology management, corporate compliance, information systems and technology, and investment management. In addition, certain services are provided on a requisition basis including food and dietary services, facilities management (locksmith, electrician, plumbing, painting and carpentry, etc.) Medical library, conference planning, occupancy of leased space, transportation, immigration services, medical illustration, motion media, security services such as installing antitheft devices and mailroom services.
Cafeteria: the Center operates a cafeteria in the main building complex where visitors and patients can purchase meals and snacks. Society of mskcc: the society of Memorial Sloan-Kettering Cancer Center, founded in 1946, is a volunteer organization dedicated to promoting the well-being of patients, supporting Cancer research and providing public education on the prevention, early detection and treatment of Cancer. The costs shown here are exclusive of fundraising activities, which are reported in part ix, column d. expense revenue cafeteria $ 9,169,820 $ 6,990,000 society $ 4,017,055 $ 0 pcctc $11,281,000 $13,744,000 totals $24,467,875 $20,734,000
Mskcc pays fees to cornell medical Center and other medical institutions for staff to further their scientific education. In addition, the Center hosts a number of symposiums, some of which are open to the public.

Form 990s for Memorial Sloan-Kettering Cancer Center

Fiscal year endingDate received by IRSFormPDF link
2019-122021-03-02990View PDF
2018-122020-02-06990View PDF
2017-122019-02-21990View PDF
2016-122017-12-27990View PDF
2015-122017-04-12990View PDF
...and 7 more Form 990s

Who funds Memorial Sloan-Kettering Cancer Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Commonwealth Foundation for Cancer ResearchGeneral Support for Cancer Research$7,000,000
 Subscribe to view████$░,░░░,░░░
 Subscribe to view████-████████████ █████$░,░░░,░░░
...and 436 more grants received

Financials for Memorial Sloan-Kettering Cancer Center

RevenuesFYE 12/2019
Total grants, contributions, etc.$31,560,247
Program services$780,384,000
Investment income and dividends$55,236,000
Tax-exempt bond proceeds$1,502,000
Royalty revenue$2,044,000
Net rental income$0
Net gain from sale of non-inventory assets$100,612,000
Net income from fundraising events$-760,011
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$28,588,764
Total revenues$999,167,000

Personnel at Memorial Sloan-Kettering Cancer Center

NameTitleCompensation
Kathryn MartinChief Operating Officer, Memorial Sloan Kettering$2,085,542
Jason KleinSenior Vice President and Chief Investment Officer$1,667,313
Michael P. HarringtonExecutive Vice President and Chief Financial Officer$1,074,016
 Subscribe to viewSenior Vice President and Chief Communications Officer$595,147
 Subscribe to viewSenior Vice President and Chief Marketing and Communications Officer
...and 30 more key personnel

Organizations like Memorial Sloan-Kettering Cancer Center

OrganizationLocationRevenue
National Jewish HealthDenver, CO$298,202,040
City of Hope National Medical CenterDuarte, CA$1,357,281,176
Boston Children's Hospital / Children's Hospital CorporationBoston, MA$2,046,728,408
Moffitt Cancer CenterTampa, FL$1,262,183,814
The Nemours FoundationJacksonville, FL$1,437,770,463
Fox Chase Cancer CenterPhiladelphia, PA$419,016,986
Hartford HospitalHartford, CT$1,773,163,439
Boston Medical Center (BMC)Boston, MA$1,746,461,255
Nebraska MedicineOmaha, NE$1,498,883,249
Cedars SinaiLos Angeles, CA$3,908,605,904
North Carolina Baptist HospitalWinstonsalem, NC$1,907,506,079
Connecticut Children's Medical CenterHartford, CT$393,912,000
Shepherd CenterAtlanta, GA$262,529,946
Gillette Children's Specialty HealthcareSaint Paul, MN$259,527,931
Cincinnati Children's Hospital Medical Center (CCHMC)Cincinnati, OH$2,614,076,252
Akron Children's HospitalAkron, OH$1,014,517,498
Dana-Farber Cancer InstituteBoston, MA$1,985,509,644
University of Chicago Medical CenterChicago, IL$2,078,533,366
St Jude Children's Research HospitalMemphis, TN$1,107,969,131
Stanford Health Care ValleyCareLivermore, CA$304,245,822
Lucile Packard Children's Hospital StanfordPalo Alto, CA$1,855,879,994
Mount Sinai Medical Center (MSMC)Miami Beach, FL$724,864,718
Children's National HospitalWashington, DC$1,206,501,099
Children's Mercy HospitalKansas City, MO$1,595,554,292
Shriners Hospitals for ChildrenTampa, FL$815,752,037
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$999,167,000
2019
Yearly growth
-6.4%
% of revenues
n/a
Total expenses
$992,584,000
2019
Yearly growth
15.6%
% of expenses
n/a
Total assets
$5,721,273,000
2019
Yearly growth
9.1%
% of assets
n/a
Num. employees
23,338
2019
Yearly growth
11.1%
% of total
n/a
General information
Address
1275 York Avenue
New York, NY 10065
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
mskcc.org/ 
Phone
(646) 227-3092
Facebook page
sloankettering 
Twitter profile
@sloan_kettering 
IRS details
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1960
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E24: Hospital, Specialty
NAICS code, primary
622: Hospitals
Parent/child status
Parent of group exemption
Central organization
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