- Exempt under
- 501(c)(3)[1]
- IRS ruling date
- October 1943[2]
- Publication 78 data
- Listed (PC)[3]
- Total revenue, period ending May 2025
- $7,039,401,641[4]
University of Miami is listed in IRS records in Coral Gables, Florida[5]. It is exempt under section 501(c)(3)[1] and the IRS master file lists total revenue of $7,039,401,641 for the tax period ending May 2025[4].
IRS status
The IRS lists University of Miami as exempt under section 501(c)(3), classification: Educational Organization[1]. Its IRS foundation code is 11, described as School 170(b)(1)(A)(ii)[6]. It appears in IRS Publication 78 data with status code PC, a public charity with deductibility limitation 50% (60% for cash contributions)[3].
| Item | IRS record |
|---|---|
| EIN[5] | 59-0624458 |
| Location in IRS records[5] | Coral Gables, Florida |
| Exempt under[1] | Section 501(c)(3) |
| IRS classification[1] | Educational Organization |
| Ruling date[2] | October 1943 |
| Foundation code[6] | 11: School 170(b)(1)(A)(ii) |
| Deductibility code[7] | 1: Contributions are deductible |
| Publication 78 data[3] | Listed, status PC |
| NTEE code[8] | B430: Education, University or Technological Institute |
| Filing requirement[9] | 990 (all other) or 990EZ return |
| Fiscal year ends[10] | May |
| Latest e-filed return[11] | Form 990, tax period ending May 2025 |
| Latest Form 990-N[12] | Tax year 2007 |
Finances as reported to the IRS
On its Form 990 for the tax period ending May 2023, University of Miami reported total revenue of $5,921,562,389, total expenses of $5,495,599,586 and net assets of $4,101,183,688[13]. Its revenue lines on that return included contributions, gifts and grants of $935,249,250 and program service revenue of $4,871,986,919[14]. Total revenue on its Form 990 was $4,747,277,291 for the tax period ending May 2021[15] and $5,466,904,190 for the tax period ending May 2022[16].
IRS master file, newer period. For the most recent return in the IRS master file, for the tax period ending May 2025, the IRS lists total revenue of $7,039,401,641 and total assets of $8,896,386,052.[4]
- Total revenue
- Total expenses
| Tax period ending | Form | Total revenue | Total expenses | Net assets at year end |
|---|---|---|---|---|
| May 2021[15] | Form 990 | $4,747,277,291 | $4,213,261,617 | $3,425,897,911 |
| May 2022[16] | Form 990 | $5,466,904,190 | $4,996,561,078 | $3,735,053,918 |
| May 2023[13] | Form 990 | $5,921,562,389 | $5,495,599,586 | $4,101,183,688 |
Totals as reported on each return. The IRS publishes these extracts one to two years after filing.
Balance sheet, tax period ending May 2023
| Line | Amount |
|---|---|
| Total assets[17] | $7,027,102,373 |
| Total liabilities[17] | $2,925,918,685 |
| Net assets or fund balances[17] | $4,101,183,688 |
Employees. University of Miami reported 28,823 employees on Form W-3 for calendar year ending with or within the tax period ending May 2023 (Form 990, Part V, line 2a).[18]
Compensation over $100,000. On the Form 990 for the tax period ending May 2023, University of Miami reported 5,041 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2).[19]
Form 990 checklist. In the Form 990 checklist (Part IV) for the tax period ending May 2023, University of Miami answered yes to: it operated a hospital facility; it operated a school; it engaged in lobbying activities; it had an office outside the United States; it reported professional fundraising services; it reported gaming income over $15,000.[20]
Questions people ask
- What is the EIN of University of Miami?
- The IRS Exempt Organizations Business Master File lists University of Miami with EIN 59-0624458[5].
- Is University of Miami a 501(c)(3) nonprofit?
- The IRS lists it as exempt under section 501(c)(3), classification: Educational Organization[1]. It appears in IRS Publication 78 data[3].
- Are contributions to University of Miami tax-deductible?
- IRS deductibility code 1 for University of Miami reads: Contributions are deductible[7]. Publication 78 lists it with status code PC[3].
- Where is University of Miami located?
- The IRS master file lists it in Coral Gables, Florida[5].
Facts and sources
- The IRS lists University of Miami as exempt under section 501(c)(3) of the Internal Revenue Code, classification: Educational Organization. IRS EO Business Master File
- The ruling date in the IRS master file (the month and year of the IRS letter recognizing the exemption) is October 1943. IRS EO Business Master File
- University of Miami (EIN 59-0624458) appears in the IRS Publication 78 data, the list of organizations eligible to receive tax-deductible charitable contributions, with status code PC (A public charity, deductibility limitation 50% (60% for cash contributions)). IRS Tax Exempt Organization Search data
- For the most recent return in the IRS master file, for the tax period ending May 2025, the IRS lists total revenue of $7,039,401,641 and total assets of $8,896,386,052. IRS EO Business Master File
- The IRS Exempt Organizations Business Master File lists University of Miami with employer identification number (EIN) 59-0624458, located in Coral Gables, Florida. IRS EO Business Master File
- IRS foundation code 11 for University of Miami: School 170(b)(1)(A)(ii). IRS EO Business Master File
- IRS deductibility code 1 for University of Miami: Contributions are deductible. IRS EO Business Master File
- The IRS master file assigns University of Miami the National Taxonomy of Exempt Entities (NTEE) code B430: Education, University or Technological Institute. IRS EO Business Master File
- IRS filing requirement code 01 for University of Miami: 990 (all other) or 990EZ return. IRS EO Business Master File
- University of Miami's accounting period (fiscal year) ends in May, according to the IRS master file. IRS EO Business Master File
- The IRS Form 990 series e-file data released in 2026 includes a Form 990 from University of Miami for the tax period ending May 2025. IRS Form 990 e-file data
- The latest Form 990-N (e-Postcard) in IRS data for EIN 59-0624458 is for tax year 2007. IRS Tax Exempt Organization Search data
- On its Form 990 for the tax period ending May 2023, University of Miami reported total revenue $5,921,562,389, total expenses $5,495,599,586, net assets or fund balances at year end $4,101,183,688. IRS SOI Form 990 extracts
- Revenue lines on the Form 990 for the tax period ending May 2023: contributions, gifts and grants $935,249,250 (Part VIII, line 1h); program service revenue $4,871,986,919 (Part VIII, line 2g); investment income $98,140,762 (Part VIII, line 3); total revenue $5,921,562,389 (Part VIII, line 12). IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending May 2021, University of Miami reported total revenue $4,747,277,291, total expenses $4,213,261,617, net assets or fund balances at year end $3,425,897,911. IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending May 2022, University of Miami reported total revenue $5,466,904,190, total expenses $4,996,561,078, net assets or fund balances at year end $3,735,053,918. IRS SOI Form 990 extracts
- Balance sheet at the end of the tax period ending May 2023 (Form 990, Part X): total assets $7,027,102,373, total liabilities $2,925,918,685, net assets or fund balances $4,101,183,688. IRS SOI Form 990 extracts
- University of Miami reported 28,823 employees on Form W-3 for calendar year ending with or within the tax period ending May 2023 (Form 990, Part V, line 2a). IRS SOI Form 990 extracts
- On the Form 990 for the tax period ending May 2023, University of Miami reported 5,041 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2). IRS SOI Form 990 extracts
- In the Form 990 checklist (Part IV) for the tax period ending May 2023, University of Miami answered yes to: it operated a hospital facility; it operated a school; it engaged in lobbying activities; it had an office outside the United States; it reported professional fundraising services; it... IRS SOI Form 990 extracts