Marshfield Clinic
Marshfield Clinic reported $596.5 million in revenue and $591.5 million in expenses for calendar year 2024. Of every $100 it spent, $98.70 went to program services, $1.30 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: 91.1% of the total. The highest compensation it reported for one person was $2,693,464 (PHYSICIAN). 674 people received more than $100,000 in reportable compensation. Revenue fell 30% between FY2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $591MFor 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 $597MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.3% | 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 | 5.3% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.5% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 91.1% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,693,464 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.46% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 674 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 0 of 11 | 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 expenseMarshfield Clinic, inc., founded in 1916, is a not-for-profit group medical practice engaged in providing healthcare, healthcare education, medical research, and community service. Marshfield Clinic research institute, a division of Marshfield Clinic, engages in medical and scientific research and the promotion of public health, medical education, and community service
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 |
|---|---|---|---|---|
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $2,682,634 | $0 | $10,830 | $2,693,464 |
| FORMER MCHS CEO Former, 0.00 hrs/week | $0 | $2,241,715 | $0 | $2,241,715 |
| INTERIM MCHS CEO Officer, 1.00 hrs/week | $0 | $1,584,168 | $39,013 | $1,623,181 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,557,817 | $0 | $44,169 | $1,601,986 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,449,119 | $0 | $48,955 | $1,498,074 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,431,408 | $0 | $23,942 | $1,455,350 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,332,801 | $0 | $41,973 | $1,374,774 |
| BOARD MEMBER (THRU MAR 2024) Director/trustee, 52.00 hrs/week | $1,169,680 | $0 | $39,311 | $1,208,991 |
674 people received more than $100,000 in reportable compensation from Marshfield Clinic (Part VII, line 2). Compensation of current officers, directors and key employees totaled $9.3M (Part IX, line 5).
6 filings since FY2020
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–1b11 · 0 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 4No
- 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 51,382
- Volunteers Part I, line 6400
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| TWEET GAROT MECHANICAL INC Construction | $2,967,397 |
| MAYO CLINIC LABORATORIES Lab services | $2,779,335 |
| BECKMAN COULTER INC Lab services | $1,176,403 |
| CIOX HEALTH LLC Professional services | $1,109,558 |
| MCKESSON PHARMACY SYSTEMS LLC Professional services | $652,722 |
Individuals listed as contractors are left out. 69 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to Marshfield Clinic totaling $87,750 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Marshfield Clinic's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Marshfield Clinic, you can publish a response that is linked from this page.
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Of every $100 Marshfield Clinic spent in 2024, $98.70 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Holy Name Medical CenterTeaneck, NJ · revenue $596M · programs 87.1% · 2024
- Hillcrest Baptist Medical CenterDallas, TX · revenue $597M · programs 88.1% · FY2025
- St Luke's Hospital of DuluthDuluth, MN · revenue $596M · programs 85.3% · FY2025
- Lifenet HealthVirginia Beach, VA · revenue $599M · programs 85.5% · 2024
- Mercy Hospital of BuffaloBuffalo, NY · revenue $594M · programs 87.6% · 2024
Questions people ask
How much of Marshfield Clinic's spending goes to programs?
In calendar year 2024, Marshfield Clinic reported that 98.7% of its $591.5 million in expenses went to program services, 1.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Marshfield Clinic pay its top executive?
The largest total compensation Marshfield Clinic reported for one person in calendar year 2024 was $2,693,464, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Marshfield Clinic get its money?
Of $596.5 million in revenue in calendar year 2024, 5.3% came from contributions and grants (including 4.5% from government grants) and 91.1% from program service revenue (Form 990, Part VIII).
Is Marshfield Clinic a registered charity?
The IRS lists EIN 39-0452970 as a 501(c)(3) organization (hospital or medical research organization), 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 202523089349302327 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403189349303335 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343189349305339 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223139349302222 · read the filing
- FY2020 (3 mo.): Form 990 for the 3-month short period ending December 31, 2020, object 202103289349301220 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202132319349301038 · read the filing
All filings for EIN 39-0452970: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.