Munson Medical Center
1105 Sixth St, Traverse City, MI · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $861,757,535 | $815,946,804 | $336,272,134 |
| FY2024 | $851,681,224 | $831,829,916 | $350,361,403 |
| FY2023 | $746,553,663 | $766,593,955 | $341,010,095 |
| FY2022 | $778,067,790 | $724,619,492 | $964,560,610 |
| FY2021 | $752,883,085 | $658,232,757 | $823,393,437 |
| FY2020 | $704,087,969 | $637,120,025 | $635,330,811 |
| FY2019 | $682,457,320 | $612,616,673 | $632,154,889 |
| FY2018 | $652,747,521 | $582,669,211 | $594,943,653 |
| FY2017 | $619,792,473 | $558,443,731 | $526,374,204 |
| FY2016 | $579,815,771 | $519,041,502 | $437,239,284 |
| FY2015 | $558,991,603 | $486,350,414 | $438,454,859 |
| FY2014 | $524,796,006 | $471,256,493 | $426,384,747 |
| FY2013 | $510,908,753 | $468,225,374 | $368,940,936 |
| FY2012 | $473,528,966 | $435,797,549 | $275,096,034 |
Form 990 filings
The returns filed by Munson Medical Center (EIN 38-1362830), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $18,551,771 | 2% |
| Program service revenue | $832,196,936 | 97% |
| Other revenue | $11,008,828 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $693,380,436 | 85% |
| Management & general | $121,760,309 | 15% |
| Fundraising | $806,059 | <1% |
What the numbers show
- Program service revenue made up 97% of total revenue in FY2025.
- Program services accounted for 85% of functional expenses, management & general 15%, and fundraising 0%.
- 85% of functional expenses went to program services in FY2025. That is higher than 48.1% of 181 Health Care organizations in MI.
- Net assets covered about 4.9 months of expenses at the end of the reporting year. That puts it in the 31st percentile among 582 Health Care organizations in MI.
- Total revenue was higher than 98.2% of 601 Health Care organizations in MI.
- Total revenue rose from $473,528,966 in FY2012 to $861,757,535 in FY2025. Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2023).
- Net assets grew from $275,096,034 to $336,272,134 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
MUNSON MEDICAL CENTER AND ITS PARTNERS WORK TOGETHER TO PROVIDE SUPERIOR QUALITY CARE AND PROMOTE COMMUNITY HEALTH.
IRS status
| Ruling year | 1943 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E22 — Health Care (in MI) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Wa Foote Memorial Hospital — Detroit, MI · $907,585,199
- Mymichigan Medical Center Midland — Midland, MI · $808,795,603
- Covenant Medical Center Inc — Saginaw, MI · $915,996,052
- Henry Ford Health Providence Hospital — Detroit, MI · $1,013,288,101
- Metropolitan Hospital — Wyoming, MI · $669,759,062
- Henry Ford Macomb Hospital Corporation — Detroit, MI · $651,632,688
- Iha Health Services Corporation — Ann Arbor, MI · $647,188,702
- McLaren Flint — Flint, MI · $606,613,375
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.