Cedars-sinai Medical Center
89% goes to programs $5 to raise $100 Strong reserves Growing revenue
Cedars-sinai Medical Center is a 501(c)(3) organization based in W Hollywood, California, registered in 1964, with $5,280,774,922 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
8700 Beverly Blvd, W Hollywood, CA, 90048 EIN 95-1644600 Since 1964
Revenue (FY2023)
$5.3B
▲ 13.4% vs prior year
Health median: $840K
Expenses (FY2023)
$4.5B
Net assets
$8.9B
Employees
18,183
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $5 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Cedars-sinai Medical Center: 89% to programs · $5 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cedars-sinai Medical Center: 24 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Cedars-sinai Medical Center: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cedars-sinai Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Providing quality healthcare is our priority. we also improve health through biomedical research, education and community benefit programs.
What they do
Research:using molecular twin technology-a unique precision medicine and artificial intelligence tool developed at cedars-sinai-cedars-sinai cancer investigators identified biomarkers for predicting pancreatic cancer survival more accurately than current standards of testing. their research, published in nature cancer, demonstrates the viability of a tool that can be used to study any tumor type and could one day guide and improve treatment for all cancer patients.(see schedule o for continuation)(continued)three new studies by cedars-sinai investigators have deepened its knowledge about the eye-brain connection, which could enable earlier diagnosis of alzheimer's disease-a key factor in developing effective treatments.cedars-sinai guerin children's newly established developmental biology and regenerative pediatrics center brings together investigators studying cellular processes in development and renewal.cedars-sinai researchers have discovered which brain cells are responsible for the storage of information in short-term memory, which is vital for performing tasks and making decisions. the team also defined the role of these cells in retaining a memory once it is formed, the disruption of which is associated with conditions such as alzheimer's disease and attention-deficit/hyperactivity disorder. understanding how working memory is controlled will be fundamental to developing new treatments for these and other neurological conditions.
Training for physicians and other health professionals:in fiscal year 2024, cedars-sinai's net cost of providing these training programs was $116,985,086. among cedars-sinai's clinical nurses, 94% have a bsn or higher degree, with 19% having earned master's or doctoral degrees and 81% holding a specialty certification. this year also marks the 30th anniversary of nursing research at cedars-sinai through the geri and richard brawerman (see schedule o for continuation)(continued)nursing institute, which maintains a robust, accredited new-graduate rn residency program. cedars-sinai is one of only 17 organizations worldwide to achieve six magnet designations for nursing excellence, placing cedars-sinai among an exclusive cohort of less than 1% of hospitals worldwide.cedars-sinai's next generation healthcare pathways inspires, educates, and empowers local high school and college students while creating a pipeline for a healthcare workforce that reflects the community we serve.cedars-sinai's discovery-to-development pipeline translates the cancer biology program's laboratory breakthroughs into clinical treatments and cures. in just five years, the program's team has added to the global anti-cancer knowledge base by generating more than 378 peer-reviewed publications and training the next generation of physician-scientists.cedars-sinai's highly competitive medical training programs comprise 16 residencies and 72 fellowships-including the relaunched pediatric residency training program. enrollment in cedars-sinai's master's degree programs and phd programs continues to grow. in addition, its continuing medical education program earned joint accreditation with commendation, the highest level attainable.
Contact & location
- Address
- 8700 Beverly Blvd, W Hollywood, CA, 90048
- City
- W Hollywood
- State
- California
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $2.8B (FY2013) to $5.3B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.5BNet assets $8.9B
Operating margin
14.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.4B
Total liabilities
$3.5B
Net assets
$8.9B
Salaries & benefits
$2.3B
50% of expenses
Board members
36
31 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,280,774,922▲13.4% | $4,513,878,834▲8.6% | $8,921,989,094▲13.3% | $12,381,804,412▲10.6% | 990 |
| 2022 | $4,655,895,710▼0.9% | $4,157,965,052▲5.3% | $7,875,139,505▲23.7% | $11,195,401,380▲13.4% | 990 |
| 2021 | $4,698,645,086▲4.8% | $3,948,942,919▲9.0% | $6,367,008,766▲3.0% | $9,869,382,713▲16.3% | 990 |
| 2020 | $4,483,301,756▲18.7% | $3,624,372,141▲9.6% | $6,178,661,353▲20.4% | $8,483,105,195▲12.8% | 990 |
| 2019 | $3,778,033,612▼3.3% | $3,308,261,916▲3.8% | $5,131,569,382▲5.7% | $7,523,813,961▲7.9% | 990 |
| 2018 | $3,908,605,904▲1.0% | $3,187,389,052▼6.0% | $4,854,414,946▲8.4% | $6,970,113,839▲6.8% | 990 |
| 2017 | $3,870,041,526▲7.2% | $3,391,835,116▲6.5% | $4,478,698,902▲10.3% | $6,529,192,176▲6.9% | 990 |
| 2016 | $3,610,965,599▲8.8% | $3,184,020,743▲8.7% | $4,061,060,992▲13.6% | $6,110,344,974▲13.3% | 990 |
| 2015 | $3,319,765,238▲3.8% | $2,928,262,195▲4.4% | $3,573,642,055▲7.1% | $5,392,868,107▲6.1% | 990 |
| 2014 | $3,199,591,275▲13.1% | $2,804,331,125▲11.8% | $3,336,146,665▲10.5% | $5,083,306,804▲7.4% | 990 |
| 2013 | $2,828,661,605 | $2,508,976,954▲4.9% | $3,019,430,840▲16.4% | $4,732,365,419▲10.5% | 990 |
| 2012 | — | $2,391,894,098▼9.0% | $2,594,943,711▲27.0% | $4,282,386,034▲11.1% | 990 |
| 2011 | — | $2,629,598,191▲7.4% | $2,042,950,300▲3.3% | $3,855,417,925▲4.5% | 990 |
| 2010 | — | $2,447,711,613▲13.5% | $1,976,756,055▲17.4% | $3,688,621,903▲10.1% | 990 |
| 2009 | — | $2,156,455,825 | $1,683,323,760 | $3,349,460,552 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Thomas M Priselac — $7,559,774 (0.17% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas M Priselac | President/ceo | 58 | $7,559,774 |
| Eduardo Marban Md | Exec Director-heart Institute | 50 | $5,100,494 |
| Keith Black Md | Chair-neurosurgery | 50 | $3,784,903 |
| Rajendra Makkar Md | Exec Director-cardiac Interventional | 50 | $3,739,602 |
| Shlomo Melmed Md | Chief Academic Officer | 55 | $3,647,188 |
| Joanna Chikwe Md | Chair-cardiac Surgery | 50 | $3,126,964 |
| Bruce Gewertz Md | Exec Vice Dean-clinical Sys Dev | 50 | $2,902,936 |
| David M Wrigley | Chief Financial Officer | 55 | $2,858,771 |
| Jeffrey Smith Md Jd Mmm | Former Key Employee | 0 | $2,449,560 |
| Bryan Croft | Chief Operating Officer | 55 | $1,635,422 |
| Edward M Prunchunas | Former Officer | 18 | $1,424,344 |
| Irene Kim Md | Staff Phys./board Member | 50 | $1,147,994 |
| Kimberly Gregory Md Mph | Staff Phys./board Member | 50 | $672,292 |
| Peggy Miles Md | Staff Phys./board Member | 50 | $421,321 |
| Zuri Murrell Md | Medical Director/board Member | 7 | $27,941 |
| Abby Feinman | Board Member | 4 | — |
| Adam Selkowitz | Board Member | 4 | — |
| Ari Engelberg | Board Member | 4 | — |
| Clement Yang Md | Board Member | 4 | — |
| David B Kaplan | Chair/vice Chair/board Member | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aya Healthcare Inc | Staffing Services | $50,477,628 |
| Huron Consulting Services LLC | Consulting Services | $23,962,964 |
| Community Urgent Care Med Grp | Urgent Care Medical Services | $23,772,254 |
| Rubin Postaer and Associates | Digital Marketing Services | $18,625,731 |
| Healthcare It Leaders | Staffing Services | $15,862,964 |
Grants received · $267.8M total
546 grants to Cedars-sinai Medical Center totaling $267.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Target Als Foundation Inc | Scientific research | 2025 | $116,550 |
| California Health Foundation and Trust | Private grant program 8 | 2024 | $16,895,228 |
| California Health Foundation and Trust | Private grant program 7 | 2024 | $11,734,209 |
| Jewish Community Fdn of the Jewish Federation Council of Greater La | General support | 2024 | $8,752,949 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $684,750 |
| The Milken Institute | Philanthropic pathways | 2024 | $599,998 |
| Cystic Fibrosis Foundation | Research | 2024 | $586,000 |
| Kaiser Foundation Hospitals | Research / project support | 2024 | $487,944 |
| Crohns & Colitis Foundation Inc | Research | 2024 | $426,341 |
| American Heart Association Inc | Research | 2024 | $327,104 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2024 | $300,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $262,000 |
| Cystic Fibrosis Foundation | Research center | 2024 | $250,000 |
| Mayo Clinic Group Return | Support charitable programs | 2024 | $231,889 |
| Cystic Fibrosis Foundation | Therapeutics discovery research | 2024 | $224,000 |
Grants made · $27.7M in FY2023
190 grants totaling $27.7M in FY2023 — showing the 15 largest. All grants made by Cedars-sinai Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| California Community Foundation | General support grant | $7,863,000 |
| Social Justice Partners Los Angeles | Capacity building grant | $2,300,000 |
| Tides Center | General support grant | $1,351,524 |
| Lulus Place Inc | General support grant | $1,250,000 |
| Southern California Grantmakers | General support; workforce development grant | $819,500 |
| University of California San Francisco | Leadership development grant | $802,000 |
| Special Service For Groups Inc | General support; community food and sustainability grant | $725,250 |
| Enterprise Community Partners Inc | Capacity building grant | $450,000 |
| Martin Luther King Jr Community Health Foundation | General support; community health grant | $450,000 |
| True Colors United Inc | Housing grant | $450,000 |
| The People Concern | General support grant | $422,000 |
| Jewish Family Service of Los Angeles | Community health grant;mental health grant | $396,000 |
| The Los Angeles Free Clinic | General support; behavioral health grant | $390,000 |
| Ccf Community Initiatives Fund | General support grant | $350,000 |
| Community Clinic Association of Los Angeles County | Leadership development | $300,000 |
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Frequently asked questions
- Is Cedars-sinai Medical Center a legitimate nonprofit?
- Yes. Cedars-sinai Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-1644600, based in W Hollywood, California. Donations are tax-deductible.
- What is Cedars-sinai Medical Center's EIN?
- Cedars-sinai Medical Center's Employer Identification Number (EIN) is 95-1644600.
- How much revenue does Cedars-sinai Medical Center report?
- Cedars-sinai Medical Center reported $5,280,774,922 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Cedars-sinai Medical Center's spending goes to programs?
- Cedars-sinai Medical Center spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cedars-sinai Medical Center have?
- CharityIndex grades Cedars-sinai Medical Center A, based on program efficiency and fundraising cost.
- How much does Cedars-sinai Medical Center's highest-paid employee make?
- The highest reported compensation on Cedars-sinai Medical Center's latest Form 990 is $7,559,774, paid to Thomas M Priselac (President/ceo).
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Data for Cedars-sinai Medical Center (EIN 95-1644600) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.