Form 990 for tax year 2023

Totals

Total revenue

$54,185,174

Total expenses

$49,724,510

Contributions and grants received

$10,515,982

Grants paid

$0

Program service revenue

$37,598,187

Investment income

$5,123,779

Other revenue

$947,226

Total assets, end of year

$144,913,346

Total liabilities, end of year

$85,350,122

Net assets or fund balances, end of year

$59,563,224

Program services expenses (Part IX)

$40,524,198

Management and general expenses

$6,211,906

Fundraising expenses

$2,988,406

Program service expenses (Part III)

$40,524,198

Program services were 81.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• FUNDS RAISED THROUGH CHILDREN'S MIRACLE NETWORK HOSPITALS' CAMPAIGNS AND PROGRAMS ARE UNUSUAL FOR TWO KEY REASONS:1. FUNDS STAY IN THE COMMUNITY WHERE THEY ARE DONATED; AND2. HOSPITALS ASSESS THEIR CURRENT AND FUTURE NEEDS TO DETERMINE THE BEST ALLOCATION OF FUNDS. FUNDS ARE MOST COMMONLY USED FOR ADVANCEMENT SERVICES, CHARITABLE CARE, EDUCATION, EQUIPMENT, PATIENT SERVICES AND RESEARCH.CHILDREN'S MIRACLE NETWORK HOSPITALS' DONATION STRUCTURE PROVIDES CONTRIBUTORS WITH THE ASSURANCE THAT THEIR DONATIONS HELP KIDS IN THE LOCAL COMMUNITY FOR THE MOST PRESSING NEEDS.IN 2023, THE COMBINED EFFORTS OF CHILDREN'S MIRACLE NETWORK HOSPITALS AND ITS PARTNERS RAISED MORE THAN $449 MILLION TO HELP KIDS WHO RECEIVE CARE AT MEMBER HOSPITALS. CHILDREN'S MIRACLE NETWORK HOSPITALS' DONATIONS ARE DISTRIBUTED AS DISCRETIONARY FUNDS TO EACH HOSPITAL, ALLOWING THEM TO ADDRESS THE MOST CRITICAL CHILDREN'S HEALTHCARE NEEDS IN THEIR RESPECTIVE COMMUNITIES.EACH YEAR, THE 170 MEMBER HOSPITALS OF CHILDREN'S MIRACLE NETWORK HOSPITALS PROVIDE MEDICAL CARE TO MORE THAN 10 MILLION CHILDREN THROUGH MORE THAN 32 MILLION PATIENT VISITS, PROVIDING THE VAST MAJORITY OF HIGHLY SPECIALIZED CARE FOR CHILDREN WITH COMPLEX AND RARE CONDITIONS, IN ADDITION TO ROUTINE AND EMERGENCY CASES. IN 2023, CHILDREN'S MIRACLE NETWORK HOSPITALS' FUNDS HELPED PROVIDE THE FOLLOWING FOR MEMBER CHILDREN'S HOSPITALS ACROSS THE UNITED STATES AND CANADA:ADVANCEMENT SERVICES: CHILDREN'S MIRACLE NETWORK HOSPITALS RAISED $103,475,382 TO SUPPORT ITEMS LIKE CONSTRUCTION AND CAPITAL EXPENDITURES THAT AIM TO ADVANCE TREATMENT AND CARE FOR CHILDREN'S HOSPITALS AT LARGE.CHARITABLE CARE: $58,486,085 WAS RAISED TO SUPPORT PATIENT CARE FOR CHILDREN AND FAMILIES WHEN THEY NEED IT MOST. THESE FUNDS CAN SUPPORT MEDICAL BILLS, TRAVEL ASSISTANCE, HOME EXPENSES AND BEYOND.EDUCATION: CHILDREN'S MIRACLE NETWORK HOSPITALS RAISED $35,991,437 TO SUPPORT CHILDREN'S HOSPITALS EDUCATION INITIATIVES RANGING FROM CARSEAT SAFETY CLASSES AND COMMUNITY HEALTH AND WELLNESS PROGRAMS TO PATIENTS' CLASSROOM NEEDS.EQUIPMENT: EQUIPMENT AT CHILDREN'S HOSPITALS MUST BE CUSTOMIZED TO EVERY CHILD'S SIZE AND AGE, GREATLY MULTIPLYING THE EXPENSES INCURRED AT CHILDREN'S HOSPITALS. IN 2023, CHILDREN'S MIRACLE NETWORK HOSPITALS RAISED $116,972,171 TO SUPPORT AND FUND EQUIPMENT NEEDS.PATIENT SERVICES: QUALITY CARE INCLUDES PHYSICAL, MENTAL AND EMOTIONAL HEALTH, WHICH ARE KEY TO SUCCESSFUL OUTCOMES FOR PATIENTS AND FAMILIES. SERVICES LIKE CHILD LIFE ARE COMPLETELY DEPENDENT ON PHILANTHROPY AND ARE CRITICAL ROLES WITHIN A CHILDREN'S HOSPITAL. ART AND PET THERAPY, COUNSELING AND OUTDOOR GARDENS ARE A FEW ADDITIONAL EXAMPLES. IN 2023, CHILDREN'S MIRACLE NETWORK HOSPITALS RAISED $98,976,452 TO SUPPORT PATIENT CARE.RESEARCH: CHILDREN'S HOSPITALS ARE CHANGING THE FUTURE OF PEDIATRIC HEALTHCARE. WITH INNOVATIVE, TRANSFORMATIONAL RESEARCH, THEY ARE IMPROVING OUTCOMES AND TREATMENTS FOR PATIENTS REGULARLY. LAST YEAR, CHILDREN'S MIRACLE NETWORK HOSPITALS RAISED $35,991,437 TO SUPPORT RESEARCH EFFORTS.

  Expenses $35,458,048 · Revenue $32,157,271

• CHILDREN'S MIRACLE NETWORK HOSPITALS HAS CULTIVATED RELATIONSHIPS AND PARTNERED WITH A WIDE RANGE OF NATIONAL CORPORATE AND MEDIA PARTNERS TO CREATE AWARENESS OF THE NEEDS OF CHILDREN'S HOSPITALS AND PUBLIC EDUCATION PROGRAMS. NATIONAL PUBLIC AWARENESS IS GENERATED THROUGH RADIO, ONLINE, SOCIAL MEDIA AND TELEVISION PROGRAMMING, OFTEN FOCUSING ON THE STORIES OF CHILDREN AND THEIR FAMILIES WHO HAVE SERIOUS ILLNESS OR INJURIES AND WERE CARED FOR AT A LOCAL CHILDREN'S HOSPITAL. KEY CHILDREN'S MIRACLE NETWORK HOSPITAL PUBLIC EDUCATION AND AWARENESS CAMPAIGNS IN 2023 INCLUDE: - CHILDREN'S MIRACLE NETWORK HOSPITALS SOCIAL MEDIA; - CHILDREN'S MIRACLE NETWORK HOSPITALS RADIOTHONS; - CHILDREN'S MIRACLE NETWORK HOSPITALS CHAMPIONS PROGRAM, WHERE ONE CHILD FROM EACH HOSPITAL IS SELECTED TO SERVE AS AN AMBASSADOR, REPRESENTING THEIR HOSPITAL AND SHARING THE IMPORTANT WORK OF CHILDREN'S HOSPITALS; AND - LOCAL MEDIA PUBLIC SERVICE ANNOUNCEMENTS FEATURING PATIENTS TREATED AT CHILDREN'S HOSPITALS CHILDREN HELPED IN 2023: MORE THAN 12 MILLION KIDS ARE TREATED AT MEMBER CHILDREN'S HOSPITALS EVERY YEAR. HERE ARE A FEW EXAMPLES OF PATIENTS WHO HAVE BENEFITTED FROM CHILDREN'S MIRACLE NETWORK HOSPITALS' FUNDS: CAMRYN CAMRYN WAS BORN WITH SICKLE CELL DISEASE, LATER DIAGNOSED WITH MOYAMOYA DISEASE, AND UNDERWENT A SUCCESSFUL STEM CELL TRANSPLANT AT HER LOCAL MEMBER HOSPITAL. HER OLDEST SISTER WAS HER LIFE-CHANGING DONOR, AND SINCE THE TRANSPLANT WAS A SUCCESS, CAMRYN REMAINS FREE OF THE SIGNIFICANT SYMPTOMS AND COMPLICATIONS ASSOCIATED WITH THE DISEASE. WHILE RECEIVING TREATMENT, CAMRYN BENEFITTED FROM THE CHILD LIFE AND CREATIVE ARTS THERAPY TEAMS FUNDED THROUGH CHILDREN'S MIRACLE NETWORK HOSPITALS. ONE OF THE THERAPEUTIC INTERVENTIONS THAT HELPED CAMRYN THROUGH HER 88-DAY HOSPITAL STAY WAS TO CREATE HER OWN COPING KIT. ITEMS IN THE KIT HELPED CAMRYN DISTRACT HERSELF DURING VARIOUS MEDICAL PROCEDURES AND ALLOWED FOR A MORE POSITIVE HOSPITAL EXPERIENCE. TATE TATE WAS ONLY TWO MONTHS OLD WHEN HE STOPPED GAINING WEIGHT AND WAS INITIALLY DIAGNOSED WITH ACID REFLUX. TATE'S MOTHER GOT A SECOND OPINION AT HIS LOCAL MEMBER HOSPITAL, WHERE HE WAS DIAGNOSED WITH STAGE 3 HEPATOBLASTOMA. TATE RECEIVED CHEMOTHERAPY AND SURGERY TO REMOVE A TUMOR IN HIS LIVER. HE WAS IN THE HOSPITAL FOR AN EXTENDED TIME, BUT HE WAS ABLE TO RING THE BELL ON FEBRUARY 3, 2012, TO CELEBRATE THE END OF HIS TREATMENT. TODAY TATE IS 10 YEARS CANCER FREE, HAS NEVER MET A STRANGER AND MAKES EVERYONE FEEL INCLUDED. THE ELEVEN-YEAR-OLD LOVES MUSIC AND IS AN EXCEPTIONAL ATHLETE. TATE AND HIS FAMILY ARE DEDICATED TO RAISING AWARENESS ABOUT THE IMPORTANCE OF PEDIATRIC CANCER RESEARCH. HIS CARE WAS MADE POSSIBLE THROUGH INNOVATIVE WORK BY THE PHYSICIAN-SCIENTISTS AT THE DONOR-FUNDED CENTER FOR PEDIATRIC RESEARCH. TODAY, THAT CENTER CONTINUES TO DISCOVER BETTER TREATMENT OPTIONS FOR FEWER SIDE EFFECTS AND HEALTHIER FUTURES FOR KIDS. LOGAN AT 17 WEEKS (ABOUT 4 MONTHS), AN ULTRASOUND CONFIRMED THAT LOGAN HAD SPINA BIFIDA. IN ADDITION TO BEING BORN WITH SPINA BIFIDA, SHE WAS ALSO BORN WITH HYDROCEPHALUS, SCOLIOSIS, CHIARI MALFORMATION TYPE 2 AND BILATERAL CLUBFOOT. THE DAY AFTER HER BIRTH, LOGAN TRANSFERRED TO THE LOCAL CHILDREN'S HOSPITAL, WHERE A MULTI-DISCIPLINARY MEDICAL TEAM WAS AT THE READY. FUNDED BY DONATIONS RAISED THROUGH CHILDREN'S MIRACLE NETWORK HOSPITALS, THESE TEAMS MET WITH BOTH OF LOGAN'S PARENTS BEFORE AND AFTER BIRTH TO PROVIDE COMPREHENSIVE CARE ALL UNDER ONE ROOF. NOW AGE SIX, LOGAN'S THRIVING. SHE LOVES SCIENCE EXPERIMENTS, SWIMMING AND TRIED WATERSKIING AT SPINA BIFIDA CAMP IN THE SUMMER. WHILE HER LOVE FOR DAILY ACTIVITIES LIKE DANCE, KARATE, HORSEBACK RIDING, AND T-BALL WILL CONTINUE TO GROW, HER FAMILY-CENTERED CARE WILL REMAIN AT ONE LOCATION. ABOUT THE NETWORK AS AN UMBRELLA ORGANIZATION FOR 170 CHILDREN'S HOSPITALS, CHILDREN'S MIRACLE NETWORK HOSPITALS PROVIDES COMPREHENSIVE EDUCATION, SUPPORT, INFORMATION, AND RESOURCES TO ITS NETWORK FOR RAISING FUNDS, CREATING AWARENESS AND PUBLIC EDUCATION PROGRAMS FOR CHILDREN'S HEALTHCARE NEEDS AND THE IMPORTANT WORK OF THE HOSPITALS CARING FOR THEM. TO JOIN THE NETWORK, A HOSPITAL SIGNS A MEMBERSHIP AGREEMENT AND IS PROVIDED WITH AN ANNUAL EDUCATION CONFERENCE, REGIONAL CONFERENCES, MONTHLY NATIONAL CONFERENCE CALLS, ONLINE EDUCATION, INFORMATION AND NETWORK TOOLS, PUBLICATIONS TRAINING AND PROGRAM CONTENT FOR RADIO AND TELEVISION SPONSORS, AND TRAINING SUPPORT FOR AFFILIATES IN NATIONAL PROGRAMS AS APPROPRIATE AND NECESSARY TO ACHIEVE THE ORGANIZATION'S PURPOSES.

  Expenses $5,066,150 · Revenue $5,759,747

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

2 July 2024

IRS schema version

2023v5.1

Source object

202442129349300639

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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