Ann & Robert H Lurie Childrens Hospital Of Chicago
- Assets
- $3.1b
- Revenue
- $1.3b
- Investments
- $722.7m
- Employees
- 7,744
- Location
- Chicago, IL
- Founding
- 04/1923
- Data as of
- 08/2022
- EIN
- 36-2170833
Organization Overview
Ann & Robert H Lurie Childrens Hospital Of Chicago, operating under the name Lurie Children's, is located in Chicago, IL. The organization was established in 1923. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 08/2023, Lurie Children's employed 7,744 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lurie Children's is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Lurie Children's generated $1.3b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.3b during the year ending 08/2022. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lurie Children's has awarded 185 individual grants totaling $1,255,580,112. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Ex-Officio Director/president & CEO Lch | OfficerTrustee | 40 | $2,019,722 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kpmg Llp Consulting | 8/30/23 | $10,211,656 |
Superior Health Linens General Services | 8/30/23 | $2,103,633 |
Alku Technologies Llc Temp Labor | 8/30/23 | $1,696,060 |
Impact Advisors Llc Consulting | 8/30/23 | $1,292,475 |
Manatt Phelps & Phillips Llp Legal/consulting | 8/30/23 | $863,821 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $67,865,991 |
| Government grants | $41,680,794 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,546,785 |
| Total Program Service Revenue | $1,162,266,384 |
| Investment income | $22,237,492 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,304,809 |
| Net Gain/Loss on Asset Sales | $49,193,617 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,344,549,087 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $144,222,845 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,784,432 |
| Compensation of current officers, directors, key employees. | $1,054,177 |
| Compensation to disqualified persons | $132,664 |
| Other salaries and wages | $508,259,494 |
| Pension plan accruals and contributions | $1,180,407 |
| Other employee benefits | $52,337,732 |
| Payroll taxes | $35,899,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,440,491 |
| Fees for services: Accounting | $580,629 |
| Fees for services: Lobbying | $337,200 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,369,301 |
| Fees for services: Other | $36,149,598 |
| Advertising and promotion | $2,664,297 |
| Office expenses | $56,921,315 |
| Information technology | $22,987,065 |
| Royalties | $0 |
| Occupancy | $34,561,173 |
| Travel | $2,761,161 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,588,809 |
| Interest | $14,040,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,954,951 |
| Insurance | $14,746,222 |
| All other expenses | $55,548,803 |
| Total functional expenses | $1,277,096,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $226,562,186 |
| Pledges and grants receivable | $62,344,298 |
| Accounts receivable, net | $252,603,711 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,927,037 |
| Prepaid expenses and deferred charges | $25,224,622 |
| Net Land, buildings, and equipment | $845,007,172 |
| Investments—publicly traded securities | $814,885,567 |
| Investments—other securities | $722,655,892 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $121,393,815 |
| Total assets | $3,087,604,300 |
| Accounts payable and accrued expenses | $195,536,793 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $342,247,718 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $401,066,294 |
| Total liabilities | $938,850,805 |
| Net assets without donor restrictions | $1,633,614,722 |
| Net assets with donor restrictions | $515,138,773 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,087,604,300 |
Grants Awarded
Over the last fiscal year, Ann & Robert H Lurie Childrens Hospital Of Chicago has awarded $184,123,975 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
STANLEY MANNE CHILDREN'S RESEARCH INST PURPOSE: MISSION SUPPORT | $11,756,422 |
PEDIATRIC FACULTY FOUNDATION INC PURPOSE: MISSION SUPPORT | $61,016,891 |
ALMOST HOME KIDS PURPOSE: MISSION SUPPORT | $2,989,408 |
CHILDRENS HOSPITAL OF CHICAGO MED CTR PURPOSE: MISSION SUPPORT | $1,030,299 |
LURIE CHILDRENS HEALTH SERVICES LLC PURPOSE: MISSION SUPPORT | $7,641,898 |
LURIE CHILDREN'S PEDIATRIC ANESTHESIA PURPOSE: MISSION SUPPORT | $10,879,497 |