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University of Miami

Coral Gables, FL · EIN 59-0624458 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

University of Miami reported $7.04 billion in revenue and $6.58 billion in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $93.36 went to program services, $6.30 to management and general costs and $0.34 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 82.8% of the total. Government grants made up 10.3%. The highest compensation it reported for one person was $8,410,889 (Head Coach, Football). 6,303 people received more than $100,000 in reportable compensation. Revenue rose 66% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $6.58B

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $7.04B

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
93.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
14.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
10.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
82.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$8,410,889$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.13%1.28%
People paid over $100,000
Part VII, line 2
6,3038
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.813.3
Independent voting board members
Part VI 1a–1b
45 of 53100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$1.75B expenses · 28.4% of program spending · grants $685M · revenue $1.27B

See Schedule OInstruction, academic support, student services:The University of Miami (UM) is a private not-for-profit institution with more than 19,000 students. The University's 12 colleges and schools offer the following degree options: 154 bachelors, 150 masters, and 70 doctoral (65 research/scholarship and 5 professional practice).The School of Architecture, founded in 1983, offers accredited professional undergraduate and graduate degrees in architecture and several post-professional graduate degrees. Programs include the professional Bachelor of Architecture (B.Arch) and the Master of…

$593M expenses · 9.7% of program spending · grants $68M · revenue $153M

See Schedule OResearch and Public Service:UM has been classified by the Carnegie Commission as a Doctoral University with Highest Research Activity. The School of Architecture's areas of focus include Urban Design, Planning & Real Estate Development, Construction Management, Technology and Computation, Coastal Resilience, Health and the Built Environment, Historical Preservation and Adaptive Use, Classical and Traditional Design, Housing and Hospitality Design, Building in the Caribbean, Latin America and the Tropical World, Architectural History, and Theory. Faculty and students are actively…

$3.69B expenses · 60.1% of program spending · grants $45,091 · revenue $4.05B

See Schedule OHealth Care:Located north of downtown Miami near the Civic Center in the Miami Health District, the Leonard M. Miller School of Medicine's campus consists of approximately 70-acres of owned and leased land within the 153-acre University of Miami/Jackson Memorial Medical Center complex. Each year the University of Miami Health System's nearly 2,700 providers and scientists represent more than 100 specialties and subspecialties with outcomes that are among the best in the nation. The health system is comprised of Sylvester Comprehensive Cancer Center, Bascom Palmer Eye Institute…

$112M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Head Coach, Football
Highest compensated employee, 80.00 hrs/week
$8,344,127$0$66,762$8,410,889
CEO University of Miami, CEO UHealth
Director/trustee, officer, 80.00 hrs/week
$5,896,486$0$840,858$6,737,344
COO UHealth, Chair Urology,Physician
Key employee, 80.00 hrs/week
$3,921,686$0$355,397$4,277,083
Head Coach, Men's Basketball
Highest compensated employee, 70.00 hrs/week
$3,666,904$0$63,223$3,730,127
President (thru 6/12/2024)
Director/trustee, officer, 80.00 hrs/week
$3,080,098$0$236,502$3,316,600
Chief Cardiac Surgery & Physician
Highest compensated employee, 85.00 hrs/week
$3,058,885$0$53,333$3,112,218
VP & Director of Athletics
Highest compensated employee, 70.00 hrs/week
$2,767,690$0$68,401$2,836,091
Physician & Professor
Highest compensated employee, 75.00 hrs/week
$2,424,713$0$142,721$2,567,434

6,303 people received more than $100,000 in reportable compensation from University of Miami (Part VII, line 2). Compensation of current officers, directors and key employees totaled $16M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$2.00B$4.00B$6.00B$8.00BFY2020FY2021FY2022FY2023FY2024FY2025$7.04B$6.58B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$7.04B$6.58B93.4%$5.35B$8,410,889
FY2024 ⓘ$6.49B$5.99B93.9%$4.80B$8,302,883
FY2023 ⓘ$5.92B$5.50B95.4%$4.10B$22,714,382
FY2022 ⓘ$5.47B$5.00B94.2%$3.74B$3,459,145
FY2021 ⓘ$4.75B$4.21B94.7%$3.43B$3,312,336
FY2020 ⓘ$4.25B$4.16B93.3%$2.49B$9,627,368

Governance answers, as filed

FY2025 · 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–1b53 · 45 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 2Yes
  • 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 531,541
  • Volunteers Part I, line 6526

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
The Whiting-Turner Contracting Company
Construction
$61,794,628
Coastal Construction of Miami Dade Count
Construction
$58,324,470
ABM Industries Incorporated
Maintenance and Repair Services
$33,421,236
Vilar-Hoynack Construction Company LLC
Construction
$30,273,267

Individuals listed as contractors are left out. 1,066 contractors were paid more than $100,000 in all.

Private foundation grants it received

273 private foundations reported grants to University of Miami totaling $38M 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 University of Miami's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of Miami, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Florida

Questions people ask

How much of University of Miami's spending goes to programs?

In the fiscal year ending May 31, 2025, University of Miami reported that 93.4% of its $6.58 billion in expenses went to program services, 6.3% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does University of Miami pay its top executive?

The largest total compensation University of Miami reported for one person in the fiscal year ending May 31, 2025 was $8,410,889, for the role of Head Coach, Football (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does University of Miami get its money?

Of $7.04 billion in revenue in the fiscal year ending May 31, 2025, 14.3% came from contributions and grants (including 10.3% from government grants) and 82.8% from program service revenue (Form 990, Part VIII).

Is University of Miami a registered charity?

The IRS lists EIN 59-0624458 as a 501(c)(3) organization (school), 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

  • FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202631059349302603 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202511029349300811 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202421029349300932 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202321029349301527 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202211029349301406 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202131029349301403 · read the filing

All filings for EIN 59-0624458: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.