Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $141,096

• 1c · Fundraising events

  $25,976,340

• 1d · Related organizations

  $816,813

• 1e · Government grants (contributions)

  $195,987,199

• 1f · All other contributions, gifts and grants

  $538,111,027

• 1g · Noncash contributions included above

  $20,040,844

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $2,268,005,791 · related or exempt $2,268,005,791

• 2b · Program service revenue: NETWORK COLLABORATION

  total $7,225,923 · related or exempt $7,225,923

• 2c · Program service revenue: LINAC

  total $3,574,137 · related or exempt $3,574,137

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $4,887,533 · excluded $4,887,533

• 5 · Royalties

  total $328,166,726 · excluded $328,166,726

• 6a · Gross rents

  real property $1,446,928

• 6c · Rental income or loss

  real property $1,446,928 · personal property $0

• 6d · Net rental income or loss

  total $1,446,928 · excluded $1,446,928

• 7c · Gain or loss

  securities $0 · other assets $0

• 8a · Fundraising events: gross income

  $499,572

• 8a · Fundraising events: contributions included on line 1c

  $25,976,340

• 8b · Fundraising events: direct expenses

  $3,620,209

• 8c · Net income from fundraising events

  total -$3,120,637 · excluded -$3,120,637

• 11a · Other revenue: PARKING LOT REVENUE

  total $4,855,402 · excluded $4,855,402

• 11b · Other revenue: FOOD SERVICE REVENUE

  total $4,388,191 · excluded $4,388,191

• 11c · Other revenue: DISTRIBUTION FROM DFMGBCC

  total $4,000,000 · excluded $4,000,000

• 11d · All other revenue

  total $3,125,300 · related or exempt $0 · unrelated business $0 · excluded $3,125,300

• 11e · Other revenue, total

  $16,368,893

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,067,247 · program services $4,067,247

• 2 · Grants to domestic individuals

  total $4,013,008 · program services $4,013,008

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $9,754,379 · program services $3,194,746 · management and general $5,625,334 · fundraising $934,299

• 6 · Compensation of disqualified persons

  total $1,768,851 · program services $1,253,662 · management and general $515,189

• 7 · Other salaries and wages

  total $753,068,322 · program services $636,406,197 · management and general $86,835,239 · fundraising $29,826,886

• 8 · Pension plan contributions

  total $45,986,419 · program services $35,339,598 · management and general $8,834,144 · fundraising $1,812,677

• 9 · Other employee benefits

  total $85,085,411 · program services $65,386,352 · management and general $16,345,191 · fundraising $3,353,868

• 10 · Payroll taxes

  total $52,959,024 · program services $40,697,898 · management and general $10,173,605 · fundraising $2,087,521

• 11a · Fees: management

  total $4,983,036 · program services $4,529,234 · management and general $453,802

• 11b · Fees: legal

  total $15,244,591 · program services $11,499,703 · management and general $3,694,028 · fundraising $50,860

• 11c · Fees: accounting

  total $930,956 · management and general $930,956 · fundraising $0

• 11d · Fees: lobbying

  total $718,727 · program services $718,727

• 11e · Fees: professional fundraising services

  total $5,540,361 · fundraising $5,540,361

• 11g · Fees: other

  total $113,431,213 · program services $83,752,065 · management and general $29,597,550 · fundraising $81,598

• 12 · Advertising and promotion

  total $12,056,100 · program services $8,946,348 · management and general $1,477,375 · fundraising $1,632,377

• 13 · Office expenses

  total $32,219,350 · program services $25,950,818 · management and general $5,110,373 · fundraising $1,158,159

• 14 · Information technology

  total $87,745,193 · program services $83,882,119 · management and general $3,829,290 · fundraising $33,784

• 16 · Occupancy

  total $151,911,052 · program services $126,834,124 · management and general $25,074,068 · fundraising $2,860

• 17 · Travel

  total $10,922,587 · program services $10,102,316 · management and general $721,834 · fundraising $98,437

• 19 · Conferences, conventions and meetings

  total $6,214,224 · program services $2,891,998 · management and general $2,348,835 · fundraising $973,391

• 20 · Interest

  total $27,649,883 · program services $27,237,880 · management and general $412,003

• 22 · Depreciation, depletion and amortization

  total $94,439,039 · program services $84,856,058 · management and general $9,581,744 · fundraising $1,237

• 23 · Insurance

  total $7,807,080 · program services $313,400 · management and general $7,493,680

• 24a · Other expenses: PHARMACEUTICALS

  total $1,090,875,504 · program services $1,090,875,504

• 24b · Other expenses: MEDICAL SUPPLIES

  total $158,388,679 · program services $157,997,201 · management and general $391,478

• 24c · Other expenses: OTHER PATIENT CARE EXPENSE

  total $40,628,791 · program services $40,628,791

• 24d · Other expenses: BAD DEBT EXPENSE

  total $9,677,396 · program services $9,677,396

• 24e · All other expenses

  total $174,717,436 · program services $161,361,672 · management and general $12,636,366 · fundraising $719,398

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $65,115,214 · end of year $89,329,951

• 3 · Pledges and grants receivable

  beginning of year $62,120,796 · end of year $86,742,438

• 4 · Accounts receivable

  beginning of year $260,144,499 · end of year $302,351,892

• 5 · Loans and receivables from officers and key people

  beginning of year $682,778 · end of year $479,137

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $75,159,880 · end of year $82,174,522

• 9 · Prepaid expenses and deferred charges

  beginning of year $84,658,692 · end of year $106,554,859

• 10a · Land, buildings and equipment: cost or other basis

  $2,228,765,539

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,295,484,736

• 10c · Land, buildings and equipment, net

  beginning of year $956,608,769 · end of year $933,280,803

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $7,894,580 · end of year $7,894,580

• 15 · Other assets

  beginning of year $2,778,635,019 · end of year $3,126,436,883

• 17 · Accounts payable and accrued expenses

  beginning of year $234,183,543 · end of year $212,881,914

• 20 · Tax-exempt bond liabilities

  beginning of year $494,845,000 · end of year $487,342,000

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $71,236,000 · end of year $69,357,000

• 25 · Other liabilities

  beginning of year $687,422,736 · end of year $605,089,312

• 27 · Net assets without donor restrictions

  beginning of year $1,364,120,082 · end of year $1,735,209,356

• 28 · Net assets with donor restrictions

  beginning of year $1,439,212,866 · end of year $1,625,365,483

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Tax indemnification and gross-up payments

FOR THE FOLLOWING, BENEFITS REPORTED IN PART VII INCLUDES GROSS-UP PAYMENTS FOR AN EMPLOYEE RECOGNITION PROGRAM AWARD: 1 KEY EMPLOYEE 1 HIGHEST-COMPENSATED EMPLOYEE

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

THE FOLLOWING INDIVIDUALS PARTICIPATE IN 457(F) PLANS ESTABLISHED BY DFCI; TAXABLE AMOUNTS ARE INCLUDED IN REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III): Laurie Glimcher, MD - $133,537 Richard S. Boskey, ESQ - $108,175 Melany Duval - $72,760 William Hahn, MD, Ph.D - $66,818 Michael Reney - $57,093 Craig A. Bunnell, MD - $47,929 Michael Constantine, MD - $47,593 Kevin Haigis, Ph.D - $42,941 Scott Armstrong, MD - $39,116 Robert Soiffer, MD - $37,582 Bruce Johnson, MD - $34,682 Jeffrey Meyerhardt, MD - $28,484 Mary-Ellen Taplin, MD - $26,778 Maria Megdal - $25,753 Barrett J. Rollins, MD, Ph.D - $23,931 Elizabeth Liebow - $14,675 Sylvia Bartel, RPh, MHP - $2,462

Schedule J, Part I, Line 7 Non-fixed payments

DURING THE YEAR, THE CEO, COO, CFO, GENERAL COUNSEL, CERTAIN KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES WERE ELIGIBLE TO RECEIVE AN INCENTIVE PAYMENT, A PORTION OF WHICH HAS A NON-FIXED PAYMENT PAYABLE AT THE DISCRETION OF THE CEO AND IN THE CASE OF THE CEO, THE BOARD OF TRUSTEES. THE MAXIMUM NON-FIXED PORTION OF THESE INCENTIVE PAYMENTS IS BETWEEN 8% (CEO - 40% MAX, OF THAT 32% TEAM, 8% INDIVIDUAL) AND 4% (SVP - 20% MAX, OF THAT 16% TEAM AND 4% INDIVIDUAL; VP - 10% MAX, OF THAT 6% TEAM AND 4% INDIVIDUAL; AND (EVP - 30% MAX, OF THAT 24% TEAM AND 6% INDIVIDUAL). OTHER REPORTABLE COMPENSATION INCLUDES LOAN FORGIVENESS AND CURRENT YEAR VESTING AMOUNTS IN DANA-FARBER INSTITUTE'S SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• DANA-FARBER GLOBAL ONCOLOGY LLC

  INTERNATIONAL ONCOLOGY · MA · income -$1,239,623 · assets $7,361,691

  Directly controlled by DFCI

• BINNEY STREET CAPITAL FUND LLC

  INVESTMENTS · DE · income -$1,177,601 · assets $5,340,764

  Directly controlled by DFI

• Dana-Farber National Workforce LLC

  Professional employer organization · MA · income $0 · assets $0

  Directly controlled by DFCI

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• MGB DF INTL LLC

  N/A · INTERNATIONAL CONSULTING · DE · 50% owned · share of income -$136,539 · share of assets -$141,806

  Directly controlled by NA