Memorial Sloan Kettering Cancer Center

Legal name: Memorial Sloan-kettering Cancer Center

Overview

Mission

Ending cancer for life.

What it reported doing in 2024

Mskcc pays fees to cornell medical center and other medical institutions for staff to further their scientific education. In addition, the center hosts a number of symposiums, some of which are open to the public.

Operating model

Revenue model
Other-operating. 81% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
131924236
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Headquarters
New York, NY, USA
Phone
646-978-5469
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 65
  • Accountability: 91
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.7%; rating input score 90
  • Program expense ratio: 91.1%; rating input score 91
  • Fundraising efficiency: $2.72 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 93.3%; rating input score 93; 42nd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 13.9%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 5.86; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 10.8% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 10.1% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 45th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site
  • Where the money goes: 89.7% of revenue deployed · 91.1% of spending went to programs
  • Governance: 28 of 30 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $1.4B in reported program spending
  • Leadership: top reported pay $7M · 53 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $113.6M reported
  • Consistency: 41 of 41 current checks pass
  • Schedules: 11 filed schedules · includes major donors, foreign activity, executive pay, and related organizations
  • Filing history: 13 annual filings from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 25 filed money-flow records
  • Related organizations: 37 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Leadership & pay

53 people listed

Highest reported compensation

  • SELWYN VICKERS MD (Board member, President & CEO): $6,979,162 total reported compensation
  • MICHAEL HARRINGTON (EVP & CHIEF FINANCIAL OFFICER): $2,603,218 total reported compensation
  • JASON KLEIN (SVP & CHIEF INVESTMENT OFFICER): $2,361,781 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.