Florida · Nonprofit
MOUNT SINAI MEDICAL CENTER OF FLORIDA INC
MOUNT SINAI MEDICAL CENTER OF FLORIDA INC (Florida) receives grants from 19 organizations whose IRS filings report $42,901,685 to it, the largest being Florida Essential Healthcare Partnerships Foundation Inc ($40,080,082). 9 of them have funded it in more than one year.
- Revenue FY2024
- $1.2B
- Funders on record
- 19
- Grants received
- $43M
- Net assets
- $521M
What Mount Sinai Medical Center of Florida Inc does
Mission
To provide high quality health care to our diverse community enhanced through teaching, research, charity care and financial responsibility.
As stated on its FY2024 Form 990.
Programs
Safety net hospital operationsin 2024, mount sinai served 27,079 inpatient admissions, 287,458 outpatient admissions, 54,374 emergency care visits in its primary service area, 19,566 in its senior health target area of aventura and 34,691 in its hialeah free standing emergency department. Mount sinai performed 16,027 surgeries meeting surgical care standards and welcomed 2,093 infants with healthy birth weights.
$656,721,924 spentof which $150,000 as grants$902,145,202 earned by the program73% of program spendingTeaching & researchin 2024, mount sinai retained its own teaching faculty and 15 accredited graduate medical education programs, teaching 217 residents and fellows. Mount sinai provided a teaching clinical environment for physicians to become board certified. Additionally,to meet the demands of the workforce, mount sinai taught 78 nursing students, 434 medical students and 65 allied health students for health care careers. To supplement the academic environment in 2024, mount sinai had 186 research studies approved by a national review board or by a mount sinai institution peer review board. Mount sinai had 135 cancer studies, 17 memory disorder, 14 cardiac, and 20 other studies.
$61,237,712 spent$54,298,250 earned by the program7% of program spendingPhysician network and access to careaccording to the 2017 update to the aamc-commissioned study of physician supply and demand, physician demand is projected to continue growing faster than the supply. (the complexities of physician supply and demand: projections from 2015 to 2030, ihs market, february 17, 2017) the state of florida agency for healthcare, and the statewide medicaid residency program supported the teaching of specialty clinical providers. Mount sinai provided both access to care and support for the teaching of 434 medical students and 217 residents and fellows. Mount sinai services 14 locations in two counties by providing 349,983 primary or specialty care visits. Mount sinai has widened access to specialty care in florida and the state medicaid program.
$182,523,677 spent$107,244,566 earned by the program20% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $900,483,313.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.0B to $825M (−20%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 6% · 2021 0% · 2022 0% · 2023 0% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.
3% of MOUNT SINAI MEDICAL CENTER OF FLORIDA INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Gino Santorio
President/CEO
Board chair
Barry Skolnick
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 5 funders, grant income rose $437k → $4.3M.
2 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $106M from 2 payers (the payer shares this organization's board, largest Mount Sinai Medical Center Foundation). These are real filings, and they are not money MOUNT SINAI MEDICAL CENTER OF FLORIDA INC raised.
From the IRS filings of MOUNT SINAI MEDICAL CENTER OF FLORIDA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MOUNT SINAI MEDICAL CENTER OF FLORIDA INC leans on a few funders — its largest provides 93% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MOUNT SINAI MEDICAL CENTER OF FLORIDA INC.
Largest funder’s share by year: 2017 61% · 2018 50% · 2019 41% · 2020 96% · 2021 55% · 2022 99% · 2023 89% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
14% of MOUNT SINAI MEDICAL CENTER OF FLORIDA INC's funders are still giving 3 years after their first grant; 47% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
MOUNT SINAI MEDICAL CENTER OF FLORIDA INC draws 95% of its grant income from funders outside Florida, across 9 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $73k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MOUNT SINAI MEDICAL CENTER OF FLORIDA INC runs a healthier operating margin than three-quarters of the 2,075 health nonprofits its size.
this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024
Government funding MOUNT SINAI MEDICAL CENTER OF FLORIDA INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $22.2M on record.
- Department of Health and Human Services$22.2M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MOUNT SINAI MEDICAL CENTER OF FLORIDA INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 20 related entities
- Neurosurg LLC · disregarded
- Msmc Oncology LLC · disregarded
- Msmc Interventional LLC · disregarded
- Msmc Neonatology LLC · disregarded
- Mount Sinai Cardio-Pricare LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for MOUNT SINAI MEDICAL CENTER OF FLORIDA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MOUNT SINAI MEDICAL CENTER OF FLORIDA INC?
- MOUNT SINAI MEDICAL CENTER OF FLORIDA INC (Florida) receives grants from 19 organizations whose IRS filings report $42,901,685 to it, the largest being Florida Essential Healthcare Partnerships Foundation Inc ($40,080,082). 9 of them have funded it in more than one year.
- How many funders does MOUNT SINAI MEDICAL CENTER OF FLORIDA INC have?
- IRS filings report 19 organizations giving $42,901,685 in grants to MOUNT SINAI MEDICAL CENTER OF FLORIDA INC, 9 of which have funded it in more than one year.
- Who is the largest funder of MOUNT SINAI MEDICAL CENTER OF FLORIDA INC?
- Florida Essential Healthcare Partnerships Foundation Inc is the largest funder on record, with $40,080,082 in grants. The full list of funders is on this page.
- How can an organization like MOUNT SINAI MEDICAL CENTER OF FLORIDA INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing