NonprofitsAlice L Walton School Of Medicine

Alice L Walton School Of Medicine

BENTONVILLE, AR

Total revenue

$273.0M

Total expenses

$22.2M

Net assets

$289.5M

Grants received

$279.3M

4 grants

EIN

852907907

Tax year

2023

Mission

Alice L. Walton School of Medicine (AWSOM) trains physicians who are devoted to transforming the health of medically underserved and rural communities in Arkansas, its surrounding states, and beyond. AWSOM physicians make a difference by pioneering whole health principles, deploying contemporary technologies, and developing novel partnerships to bridge the gaps to high quality medical care and to promote health and well-being for all individuals and communities.

Financials

FY 2023

Revenue

Contributions & grants$266.7M
Program service revenue
Investment income$6.3M
Other revenue
Total revenue$273.0M

Expenses

Grants paid
Salaries & benefits$8.1M
Fundraising
Other expenses$14.0M
Total expenses$22.2M
Total assets$291.1M
Net assets$289.5M

People

20 listed

NameRoleCompensation

Sharmila Makhija MD

Dean, Chief Executive Officer

Board

$628K

40 hrs/wk

SHARON BRIDGES

GENERAL COUNSEL, SECRETARY (From 12/01/23)

Board

$116K

40 hrs/wk

PATRICK CONWAY MD

DIRECTOR

Board

0.5 hrs/wk

Todd Simmons

DIRECTOR (FROM 01/25/2024)

Board

0.5 hrs/wk

Valerie Montgomery Rice MD

DIRECTOR

Board

0.5 hrs/wk

ALICE L WALTON

PRESIDENT, DIRECTOR

Board

1 hrs/wk

RICHARD HOSLEY

SECRETARY (until 12/1/23)

Board

0.5 hrs/wk

WALTER HARRIS

VP of Administration and Finance, Interim Treasurer (FROM 12/20/23)

Board

0.5 hrs/wk

PHILIP SIGSWORTH

CFO & TREASURER (UNTIL 12/14/23)

Board

0.5 hrs/wk

Cheryl Pegus MD

DIRECTOR

Board

0.5 hrs/wk

JAMES YOUNG MD

DIRECTOR

Board

0.5 hrs/wk

Katherine Hobbs Knutson MD

DIRECTOR

Board

0.5 hrs/wk

LARS STEVEN NELSON

DIRECTOR (Until 01/25/2024)

Board

0.5 hrs/wk

LLOYD MINOR MD

DIRECTOR

Board

0.5 hrs/wk

Marc Nivet MD

DIRECTOR

Board

0.5 hrs/wk

Ellisa Jones-Mckyer

Vice Dean for Faculty Affairs

Staff

$349K

40 hrs/wk

Colleen Grochowski

Senior Associate Dean, Academic Affairs

Staff

$327K

40 hrs/wk

James Rindfleisch

Associate Dean

Staff

$286K

40 hrs/wk

Ken Hopper

Assistant Dean, Health Systems Science

Staff

$260K

40 hrs/wk

Kevin Kunkler

Assistant Dean, Simulation, Innovation and Clinical Skills

Staff

$243K

40 hrs/wk

Independent contractors

ART AND WELLNESS ENTERPRISES LLC

MANAGEMENT SERVICES

$2.7M

ATHENA ED LLC

CONSULTING FEES

$310K

Walton Enterprises LLC

MANAGEMENT SERVICES

$197K

Korn Ferry (US)

RECRUITMENT SERVICES

$184K

The Ogilvy Group LLC

Branding and website development

$180K

Grants received

Showing 4 of 4

FromAmountPurposeYear
$22.9M
To support general operations.
2023
$248.7M
To explore, research, develop, and implement programs using art as a tool for learning.
2022
$6.0M
FY22-23 Annual Operating Budget - Health
2022
$1.7M
FY21-22 Annual Operating Budget - Health
2022

Funded by

$279.3M from 2 funders · 4 grants · 2022–2023

Art Bridges Inc

$248.7M · 1 grant · 2022

Alice L Walton Foundation

$30.6M · 3 grants · 2022–2023

Details

EIN852907907
Subsection03
Ruling date2020-08
Formed2020
Employees43
Volunteers13
ALICE L WALTON SCHOOL OF MEDICINE — Mission, Financials & Grants Received | Grantivo