Skip to content
Nonprofiteer
← MUSC HEALTH

Form 990 for tax year 2023

Filed by MUSC HEALTH.

Totals

Total revenue
$4,290,541
Total expenses
$4,825,272
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$645,103
Investment income
$1,690,205
Other revenue
$1,955,233
Total assets, end of year
$105,017,613
Total liabilities, end of year
$81,262,116
Net assets or fund balances, end of year
$23,755,497
Program services expenses (Part IX)
$1,944,314
Management and general expenses
$2,880,958
Fundraising expenses
$0
Program service expenses (Part III)
$1,944,314

Program services were 40.3% 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.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MANAGEMENT INCOME

    total $1,656,830 · related or exempt $1,656,830

  • 2b · Program service revenue: SCHHA LLC

    total -$75,552 · related or exempt -$75,552

  • 2c · Program service revenue: MUSC CANCER CARE NETWORK

    total -$936,175 · related or exempt -$936,175

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $1,690,205 · excluded $1,690,205

  • 6a · Gross rents

    real property $1,955,233

  • 6c · Rental income or loss

    real property $1,955,233 · personal property $0

  • 6d · Net rental income or loss

    total $1,955,233 · related or exempt $1,955,233

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $1,944,314 · program services $1,944,314

  • 11b · Fees: legal

    total $599,536 · management and general $599,536

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $1,202,030 · management and general $1,202,030

  • 22 · Depreciation, depletion and amortization

    total $910,136 · management and general $910,136

  • 24a · Other expenses: INSURANCE

    total $156,305 · management and general $156,305

  • 24b · Other expenses: OTHER

    total $12,951 · management and general $12,951

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,747,720 · end of year $798,081

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $700,000 · end of year $700,000

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

    $51,485,003

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

    $2,774,789

  • 10c · Land, buildings and equipment, net

    beginning of year $49,618,091 · end of year $48,710,214

  • 12 · Investments: other securities

    beginning of year $44,307,630 · end of year $42,187,549

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $5,434,403 · end of year $12,621,769

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $80,517,616 · end of year $81,262,116

  • 31 · Retained earnings, endowment or other funds

    beginning of year $24,290,228 · end of year $23,755,497

Listed in Part VII

  • PATRICK CAWLEY

    CEO & DIRECTOR

    Total calculated
    $1,196,271
    From this org
    $0
    From related orgs
    $1,155,482
    Other
    $40,789
    Hours/week
    10 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,155,482 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $30,000 related
    Nontaxable benefits
    $0 + $10,789 related
    Filer's total
    $0 + $1,196,271 related

  • CHARLES SCHULZE

    DIRECTOR

    Total calculated
    $500
    From this org
    $0
    From related orgs
    $500
    Other
    $0
    Hours/week
    2 + 5 related

  • DAVID COLE

    DIRECTOR

    Total calculated
    $1,514,757
    From this org
    $0
    From related orgs
    $1,497,562
    Other
    $17,195
    Hours/week
    2 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,497,562 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $17,195 related
    Filer's total
    $0 + $1,514,757 related

  • DON JOHNSON II

    CHAIR & DIRECTOR

    Total calculated
    $500
    From this org
    $0
    From related orgs
    $500
    Other
    $0
    Hours/week
    3 + 5 related

  • DONNA JOHNSON

    DIRECTOR

    Total calculated
    $722,061
    From this org
    $0
    From related orgs
    $646,561
    Other
    $75,500
    Hours/week
    2 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $646,561 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $55,733 related
    Nontaxable benefits
    $0 + $19,767 related
    Filer's total
    $0 + $722,061 related

  • JAMES LEMON

    DIRECTOR

    Total calculated
    $500
    From this org
    $0
    From related orgs
    $500
    Other
    $0
    Hours/week
    2 + 5 related

  • KATHERINE HALTIWANGER

    SECRETARY

    Total calculated
    $254,771
    From this org
    $0
    From related orgs
    $240,112
    Other
    $14,659
    Hours/week
    2 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $240,112 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $14,659 related
    Filer's total
    $0 + $254,771 related

  • RICHARD CHRISTIAN

    DIRECTOR

    Total calculated
    $500
    From this org
    $0
    From related orgs
    $500
    Other
    $0
    Hours/week
    2 + 5 related

  • TERRY STEYER

    DIRECTOR

    Total calculated
    $912,469
    From this org
    $0
    From related orgs
    $893,089
    Other
    $19,380
    Hours/week
    2 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $893,089 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $19,380 related
    Filer's total
    $0 + $912,469 related

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

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MSV HEALTH INC

    C Corporation · HEALTHCARE · DE · 100% owned · share of income $3,477,887 · share of assets $29,795,167

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202521349349307607

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

The source document this was parsed from is served over the API, which is where bulk and document access live.