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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Mayo Clinic

Mayo Clinic

Fiscal year ending 2021. Filed on November 14, 2022.

200 First Street SW Tax
800
Rochester, Minnesota 55905

Mayo Clinic (EIN: 41-6011702) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Mayo Clinic, a 501(c)(3) charitable organization, reported compensation for 67 out of 27,619 total employees. Among the employees shown here, the average compensation is $915,510. The highest compensated employee at Mayo Clinic is Farrugia M.D. Gianrico with fiscal year 2021 compensation of $3,485,174.

Revenue, expenses, and employee compensation

Revenue

$7,993,241,004

Expenses

$5,773,119,389

Employee compensation

$2,842,196,781
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Farrugia M.D. Gianrico
President and Chief Executive Officer and Trustee
$3,485,174
$0 $3,388,660 $96,514
Bolton Jeffrey W
Vice President and Trustee
$2,111,718
$0 $2,077,195 $34,523
Thielen M.D. Kent R
Vice President and Trustee
$1,791,498
$0 $1,697,812 $93,686
Gray M.D. Richard J
Vice President and Trustee
$1,780,717
$0 $1,694,419 $86,298
Krauss M.D. William E
Physician
$1,513,122
$1,423,636 No related comp$89,486
Dahlen Dennis E
Chief Financial Officer
$1,470,659
$0 $1,378,621 $92,038
Lanzino M.D. Giuseppe
Physician
$1,438,665
$1,352,629 No related comp$86,036
Pichelmann M.D. Mark A
Chair-Nwwi Neurosurgery
$1,432,128
$1,357,302 No related comp$74,826
Murphy Joshua B
Secretary
$1,410,729
$0 $1,314,095 $96,634
Harper Jr M.D. Charles M
Trustee
$1,394,419
$1,356,080 No related comp$38,339
Meyer M.D. Fredric B
Former Key Employee
$1,390,675
$0 $1,341,683 $48,992
Clarke M.D. Michelle J
Physician
$1,369,343
$1,292,887 No related comp$76,456

Benchmark Employee Compensation

Non-Employee Board Members

Baker Jr Douglas M
Trustee
$3,121
$0 $3,121 No other comp
Powell Michael K
Trustee Chair
$3,002
$0 $3,002 No other comp
Roberts Robin R
Trustee
$1,239
$0 $1,239 No other comp
Baicker Katherine
Trustee
$1,063
$0 $1,063 No other comp
Bilicic George W
Trustee
No compensation reported
Di Piazza Jr Samuel A
Trustee Chair
No compensation reported
Sweeney Anne M
Trustee
No compensation reported
Salazar Kenneth L
Trustee
No compensation reported
Halvorson George C
Trustee
No compensation reported
Steer M.D. Randolph C
Trustee
No compensation reported
Tomm Charles B
Trustee
No compensation reported
Peretsman Nancy B
Trustee
No compensation reported

Contractors

Mayo Foundation for Medical Education &
Procurement and Med Support
$528,674,221
Mayo Clinic Jacksonville
Medical Support
$4,163,894
Mchs Southwest Minnesota Region
Medical Support
$399,784
Mchs Northwest Wisconsin Region Inc.
Medical Support
$367,519
Mayo Clinic Arizona
Medical Support
$256,862

Mission Statement

TO INSPIRE HOPE AND CONTRIBUTE TO HEALTH AND WELL-BEING BY PROVIDING THE BEST CARE TO EVERY PATIENT THROUGH INTEGRATED CLINICAL PRACTICE, EDUCATION AND RESEARCH.

Revisions to this organization profile

November 17, 2025:
2024 Mayo Clinic 990 filed
November 15, 2024:
2023 Mayo Clinic 990 filed
November 14, 2023:
2022 Mayo Clinic 990 filed

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