New York Eye and Ear Infirmary of Mount Sinai

Legal name: New York Eye & Ear Infirmary

Nonprofit profile at a glance

EIN
135562304
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2129794320
Rating
88
Verdict
STRONG
Rating confidence
Standard
Sector
Hospital, Specialty

Official website

Reported finances

Revenue
$112,583,464
Expenses
$139,305,982
Assets
$153,229,065
Liabilities
$91,144,909

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

56 people listed

Executive titles in this filing

  • Brendan Carr 1 MD (CHIEF EXECUTIVE OFFICER (START 1/1/24))
  • DENNIS CHARNEY 1 MD (PRESIDENT, ACADEMIC AFFAIRS)
  • JAMES TSAI MD (PRESIDENT)
  • MARGARET PASTUSZKO (System President & Chief Operating Officer)

Highest reported compensation

  • KENNETH DAVIS MD (Trustee and Former Officer): $7,503,060 total reported compensation
  • Brendan Carr 1 MD (CHIEF EXECUTIVE OFFICER (START 1/1/24)): $5,489,914 total reported compensation
  • DENNIS CHARNEY 1 MD (PRESIDENT, ACADEMIC AFFAIRS): $2,636,248 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Support NYEE’s mission to enhance patient care, deliver world-class education, conduct pioneering research, and lead innovation. Give to NYEE About Us Awards and Accreditation. Photo of We Need Your Support Make a Gift Support NYEE’s mission to enhance patient care, deliver world-class education, conduct pioneering research, and lead innovation. NYEE is one of the nation’s leading institutions for training the next generation of ophthalmology, ear, nose, and throat specialists. With access to the latest diagnostic technology, the expertise of our nationally recognized faculty, and a diverse patient population, our trainees have the opportunity to learn the safest and least invasive therapies and the latest minimally invasive surgical techniques for common and complex conditions. Leading the Way in Technology and Treatment NYEE serves as a national and international referral center...

What it reported doing in 2024

The highest quality, most technologically advanced and consistent multidisciplinary care in a safe and comfortable environment providing an ongoing series of lectures, seminars and health screenings; development of highly qualified, well trained physicians/surgeons through programs of residency training. New York eye and ear infirmary provided the following services to residents of its local community in 2024: 304 inpatient discharges 14,529 ambulatory surgery visits 25,824 referred ambulatory procedures including 2,588 for the sleep centers and 66,942 outpatient clinic visits. In addition, please reference www.nyee.edu for our capabilities report and community information report located under the general information section of the website.

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 99% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 23
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.3%; rating input score 89
  • Fundraising efficiency: $13.13 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -23.7%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 1.1; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.59; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 0.1% per year; rating input score 100; 8th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 12th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 89.3% of spending went to programs
  • Governance: 28 of 28 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $124.4M in reported program spending
  • Leadership: top reported pay $7.5M · 56 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.8M reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 21 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.