University of Miami is a 501(c)(3) organization based in Coral Gables, Florida, registered in 1943, with $7,039,401,641 in FY2024 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
Revenue (FY2024)
$7.0B
▲ 8.5% vs prior year
Education median: $200K
Expenses (FY2024)
$6.6B
Net assets
$5.3B
Employees
31,541
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 University of Miami: 93% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 University of Miami: 10 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
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 University of Miami: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 University of Miami: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The university of miami's mission is to educate and nurture students, to create knowledge through its comprehensive research programs, and to provide patient care services to our community and beyond.
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 engaged in interdisciplinary research with numerous schools including the miller school of medicine, the leonard and jayne abess center for ecosystem science and policy and the center for humanities. the college of arts and sciences provides numerous community outreach activities, including student musical theatre productions at the jerry herman ring theatre and alvin sherman family stage; student, faculty, and visiting artist exhibitions in the wynwood gallery in the design district of downtown miami; faculty curated exhibitions at the lowe art museum; lectures and other educational programs sponsored by the center for the humanities, and the miami institute for advanced study of the americas; volunteer activities in the public schools, hospitals and community clinics for developmentally disabled children; technology workshops for miami-dade public school teachers sponsored by the department of modern languages laboratory; and a series of programs, hosted by several departments and funded by various federal agencies and private foundations, to enhance the diversity of students pursuing scientific careers through research opportunities for pre-college and undergraduate students; and career development opportunities for high-school and community-college faculty.the school of law offers externship programs and foreign exchange programs in argentina, belgium, brazil, china, colombia, france, germany, hong kong, ireland, israel, italy, spain, and switzerland. the school's award-winning clinics, focusing on different areas of the law, offer exceptional training grounds and give students practical, hands-on lawyering while also helping needy and underrepresented individuals. the school is also home to lawwithoutwalls (lwow), an innovative academic model that brings together students, faculty, practitioners, and entrepreneurs from around the country and the world to explore innovation in legal education and practice.the rosenstiel school of marine & atmospheric science is one of the leading oceanographic research and education institutions in the nation. known originally as the university's marine laboratory, it was founded in 1943. it evolved into the institute for marine science in 1961, and eight years later became the rosenstiel school of marine & atmospheric science (rsmas) within the university of miami. in 2022, its name was expanded to rosenstiel school of marine, atmospheric & earth science to better reflect its breadth and depth as it has grown to include studies of earth's geology in addition to its atmosphere and oceans. the virginia key campus has grown to include modern research and teaching facilities, a dedicated academic library, and an internationally recognized marine invertebrate museum. rsmas also operates a state-of-the-art 96-foot catamaran research vessel, the f.g. walton smith. in 2014, rsmas added to its fleet of specialized research vessels a one-of-a-kind helicopter observation platform (hop), a flying scientific laboratory equipped with state-of-the-art technology and scientific instrumentation, which provides scientists with a unique capability to obtain vital information on environmental processes and mechanisms that affect our climate and impact human health. rsmas includes a freshwater scientific dive pool. it plays a critical role in providing necessary scientific diving instruction to participants in our scienc
Revenue grew from $3.0B (FY2013) to $7.0B (FY2024) across 12 reported years.
Financial snapshot
Operating margin
6.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.9B
Total liabilities
$3.6B
Net assets
$5.3B
Salaries & benefits
$3.2B
49% of expenses
Board members
53
45 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,039,401,641▲8.5% | $6,577,008,832▲9.9% | $5,345,248,959▲11.4% | $8,896,386,052▲14.4% | 990 |
| 2023 | $6,488,140,479▲9.6% | $5,986,905,330▲8.9% | $4,797,588,973▲17.0% | $7,774,309,683▲10.6% | 990 |
| 2022 | $5,921,562,389▲8.3% | $5,495,599,586▲10.0% | $4,101,183,688▲9.8% | $7,027,102,373▲6.8% | 990 |
| 2021 | $5,466,904,190▲15.2% | $4,996,561,078▲18.6% | $3,735,053,918▲9.0% | $6,582,591,173▲10.2% | 990 |
| 2020 | $4,747,277,291▲11.8% | $4,213,261,617▲1.4% | $3,425,897,911▲37.6% | $5,971,149,215▲7.8% | 990 |
| 2019 | $4,245,244,592▲0.5% | $4,155,254,814▲4.7% | $2,490,332,764▲4.1% | $5,539,608,618▲19.1% | 990 |
| 2018 | $4,225,886,175▲12.0% | $3,968,695,786▲9.0% | $2,391,531,847▲8.4% | $4,649,910,234▲5.7% | 990 |
| 2017 | $3,773,242,846▲4.9% | $3,640,368,028▲6.3% | $2,207,045,889▲10.2% | $4,400,922,871▲10.3% | 990 |
| 2016 | $3,596,829,919▲8.4% | $3,424,427,382▲5.6% | $2,002,800,149▲15.0% | $3,989,960,318▲4.9% | 990 |
| 2015 | $3,316,774,822▲1.7% | $3,244,211,941▲5.6% | $1,740,842,025▼3.8% | $3,805,344,338▲5.1% | 990 |
| 2014 | $3,259,935,496▲8.6% | $3,071,848,219▲5.1% | $1,810,536,001▲4.4% | $3,621,404,251▲5.3% | 990 |
| 2013 | $3,000,690,615 | $2,923,168,049▲0.8% | $1,733,605,146▲11.6% | $3,438,736,549▲3.0% | 990 |
| 2012 | — | $2,900,746,334▲3.5% | $1,553,093,793▲16.5% | $3,338,566,084▲5.0% | 990 |
| 2011 | — | $2,803,089,368▲3.9% | $1,333,066,021▼15.3% | $3,180,301,463▼0.2% | 990 |
| 2010 | — | $2,698,544,256▲12.5% | $1,573,537,660▲15.9% | $3,185,707,509▲6.8% | 990 |
| 2009 | — | $2,399,473,479 | $1,358,139,220 | $2,982,056,030 | 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.
Highest-paid: Mario Cristobal — $8,344,127 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mario Cristobal | Head Coach, Football | 80 | $8,344,127 |
| Joseph Echevarria | Ceo University of Miami, Ceo Uhealth | 80 | $5,896,486 |
| Dipen Parekh | Coo Uhealth, Chair Urology,physician | 80 | $3,921,686 |
| James Larranaga | Head Coach, Men's Basketball | 70 | $3,666,904 |
| Julio Frenk | President (thru 6/12/2024) | 80 | $3,080,098 |
| Joseph Lamelas | Chief Cardiac Surgery & Physician | 85 | $3,058,885 |
| Dan Radakovich | Vp & Director of Athletics | 70 | $2,767,690 |
| Michael Wang | Physician & Professor | 75 | $2,424,713 |
| Rudy Fernandez | Evp Um Operations & External Affairs | 65 | $1,351,450 |
| Willy Prado | Evp & Provost (interim) | 70 | $979,138 |
| Jeffrey Duerk | Evp Academic Affairs & Provost (fmr) | 60 | $740,794 |
| Frances Davis | Secretary To the Board | 50 | $315,412 |
| Marc Buoniconti | Trustee & Senior Director | 20 | $199,208 |
| Leslie Dellinger Aceituno | Secretary (fmr) | 50 | $179,745 |
| Edward Dauer | Trustee & Professor of Clinical | 40 | $125,111 |
| Devang Desai | Trustee & Lecturer | 10 | $5,000 |
| Aaron S Podhurst | Trustee | 10 | — |
| Adam E Carlin | Trustee | 4 | — |
| Al Dotson Jr | Trustee | 1 | — |
| Alex E Rodriguez | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| The Robins & Morton Group | Construction | $172,034,682 |
| 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 |
1,050 grants to University of Miami totaling $744.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Breakthrough T1d | T1d research | 2024 | $2,173,204 |
| Blood Cancer United Inc | Research grant | 2024 | $1,280,887 |
| American Cancer Society Inc | Support/research | 2024 | $1,040,000 |
| Impactassets Inc | General support | 2024 | $1,005,000 |
| The V Foundation | Cancer research | 2024 | $1,000,000 |
| United Way Miami Inc | General support | 2024 | $904,667 |
| Amyotrophic Lateral Sclerosis Assn | Bitner plante quarterly grant fy25 | 2024 | $652,154 |
| American Heart Association Inc | Research | 2024 | $535,404 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $429,200 |
| Shriners Hospitals For Children | Shriners children's program fund | 2024 | $400,000 |
| Mayo Clinic | Support charitable programs | 2024 | $396,809 |
| Mayo Clinic Group Return | Support charitable programs | 2024 | $318,443 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2024 | $299,496 |
| Unlikely Collaborators Inc | See part iv | 2024 | $299,004 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2024 | $290,235 |
237 grants totaling $67.6M in FY2024 — showing the 15 largest. All grants made by University of Miami →
| Recipient | Purpose | Amount |
|---|---|---|
| Trustees of Columbia University | Research | $5,430,881 |
| Ronald Mcdonald House Charities of South Florida Inc | General support | $5,000,000 |
| Case Western Reserve University | Research | $3,248,719 |
| Trustees of the University of Pennsylvania | Research | $2,945,539 |
| San Jose State University Research Foundation | Research | $2,877,422 |
| Wake Forest University Health Sciences | Research | $2,172,020 |
| University of Florida | Research | $2,123,672 |
| Florida International University Board of Trustees | Research | $1,406,996 |
| University of North Carolina At Chapel Hill | Research | $1,350,564 |
| Emory University | Research | $1,304,919 |
| University of Utah | Research | $1,241,976 |
| University of Alabama At Birmingham | Research | $1,211,777 |
| Nova Southeastern University Inc | Research | $1,182,810 |
| Miami-dade Area Health Education Center Program Inc | Research | $1,023,529 |
| The University of New Mexico | Research | $916,624 |
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Data for University of Miami (EIN 59-0624458) 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.