Musculoskeletal Transplant Foundation
Also known as Mtfbiologics
Musculoskeletal Transplant Foundation reported $509.5 million in revenue and $491.1 million in expenses for calendar year 2024. Of every $100 it spent, $90.96 went to program services, $9.04 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.3% of the total. The highest compensation it reported for one person was $958,758 (PRESIDENT / CEO). 307 people received more than $100,000 in reportable compensation. Revenue rose 11% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $491MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $509MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 97.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $958,758 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.20% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 307 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.1 | 6.6 |
| Independent voting board members Part VI 1a–1b | 8 of 10 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseMtf is a global nonprofit organization focused on saving and healing lives, expanding innovation potential, honoring donated gifts and serving patients. Mtf continues to provide research tissue and grant funding for research and development performed by academic centers and pioneering enterprises.in 2024 mtf continued to pursue its mission, and made tissue forms available in the orthopedic, plastic and reconstructive surgery, and wound care markets through both internal and external distribution relationships. Mtf orthopedics fostered new partnerships and expanded
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT / CEO Officer, 60.00 hrs/week | $901,884 | $0 | $56,874 | $958,758 |
| EXECUTIVE VP/ CFO Officer, 60.00 hrs/week | $661,023 | $0 | $36,365 | $697,388 |
| EXECUTIVE VP, R & D Officer, 60.00 hrs/week | $494,523 | $0 | $63,083 | $557,606 |
| EXECUTIVE SPECIALIST - STAR Highest compensated employee, 50.00 hrs/week | $476,836 | $0 | $71,027 | $547,863 |
| EXECUTIVE SPECIALIST - STAR Highest compensated employee, 50.00 hrs/week | $458,047 | $0 | $80,338 | $538,385 |
| GENERAL COUNSEL Officer, 60.00 hrs/week | $477,283 | $0 | $56,656 | $533,939 |
| EXECUTIVE VP, DONOR SERVICES Key employee, 60.00 hrs/week | $456,333 | $0 | $75,143 | $531,476 |
| SR. PORTFOLIO MANAGER Highest compensated employee, 50.00 hrs/week | $456,446 | $0 | $72,356 | $528,802 |
307 people received more than $100,000 in reportable compensation from Musculoskeletal Transplant Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b10 · 8 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,309
- Volunteers Part I, line 614
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| ORTHOFIX US LLC Tissue promo | $52,422,736 |
| CONMED CORPORATION Tissue promo | $32,310,627 |
| DEPUY SYNTHES SALES INC Tissue promo | $20,959,705 |
| KOLOSIS BIO LLC Tissue promo | $14,500,215 |
| CENTURION THERAPEUTICS INC Tissue promo | $9,160,509 |
Individuals listed as contractors are left out. 228 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Musculoskeletal Transplant Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Musculoskeletal Transplant Foundation, you can publish a response that is linked from this page.
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Of every $100 Musculoskeletal Transplant Foundation spent in 2024, $90.96 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Baystate Medical PracticesSpringfield, MA · revenue $509M · programs 94.3% · FY2025
- Cook Children's Health CARE SystemFort Worth, TX · revenue $511M · programs 88.0% · FY2025
- Georgia Tech Research CorporationAtlanta, GA · revenue $508M · programs 98.9% · FY2025
- Guthrie Medical Group PcSayre, PA · revenue $513M · programs 75.7% · FY2025
- Virtua-Memorial Hospital Burlington CountyincMarlton, NJ · revenue $508M · programs 85.6% · 2024
Questions people ask
How much of Musculoskeletal Transplant Foundation's spending goes to programs?
In calendar year 2024, Musculoskeletal Transplant Foundation reported that 91.0% of its $491.1 million in expenses went to program services, 9.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Musculoskeletal Transplant Foundation pay its top executive?
The largest total compensation Musculoskeletal Transplant Foundation reported for one person in calendar year 2024 was $958,758, for the role of PRESIDENT / CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Musculoskeletal Transplant Foundation get its money?
Of $509.5 million in revenue in calendar year 2024, 0.2% came from contributions and grants and 97.3% from program service revenue (Form 990, Part VIII).
Is Musculoskeletal Transplant Foundation a registered charity?
The IRS lists EIN 22-2803458 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533189349303063 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403209349302315 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323179349304602 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349301437 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143199349316744 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043219349306144 · read the filing
All filings for EIN 22-2803458: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.