Virginia Mason Institute
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE SCHEDULE O
- Income
- $6.1 million
- Spending
- $5.0 million
- Spent on programs
- 68%
- Reserves
- 37.1 months of spending
- Largest source of income
- fees for its services, 99%
- Employees
- 0
- Volunteers
- 41
- Highest pay
- $5.8 million, director\vmfh ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 91% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 37.1 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
15 of 15Income exceeded spending by 19% of income.
Income trend
15 of 15Income rose 43% on the year before.
Spending floor
15 of 1568% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 47% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 255 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $2.5 million spent. TRANSFORMATION SERVICES: THROUGH THE PROVISION OF TRANSFORMATION SERVICES, VIRGINIA MASON INSTITUTE (VMI) EDUCATORS WORK VIRTUALLY AND ONSITE WITHIN HEALTHCARE ORGANIZATIONS TO HELP THEM BUILD ORGANIZATIONAL CAPABILITY TO CREATE AND SUSTAIN A CULTURE OF CONTINUOUS IMPROVEMENT THROUGH THE PRACTICAL APPLICATION AND EMBEDMENT OF THE TOOLS AND METHODS OF VIRGINIA MASON FRANCIAN HEALTH'S PROPRIETARY MANAGEMENT METHOD, THE VIRGINIA MASON PRODUCTION SYSTEM (VMPS). FROM JULY 1, 2024 - JUNE 30, 2025, VMI PARTNERED WITH AND PROVIDED TRANSFORMATION SERVICES TO 15 HEALTHCARE ORGANIZATIONS WORLDWIDE, WITH THE SERVICES DIRECTLY IMPACTING AND INFLUENCING EMPLOYEES AND PATIENTS ACROSS ALL AREAS OF THOSE ORGANIZATIONS.
- $882,303 spent. EDUCATION SERVICES: THROUGH THE PROVISION OF EDUCATION SERVICES, VIRGINIA MASON INSTITUTE (VMI) DELIVERS LEARNING ACTIVITIES IN PERSON IN SEATTLE, WA, AT OTHER HEALTHCARE ORGANIZATION'S CAMPUSES INTERNATIONALLY AND ONLINE THROUGH VIRTUAL TRAINING PROGRAMS THAT INSPIRE, ENGAGE AND MOTIVATE INDIVIDUALS TO TRANSFORM HEALTHCARE.USING CASE STUDIES, HANDS-ON EXERCISES, PANELS FEATURING VIRGINIA MASON PRODUCTION SYSTEM (VMPS) PRACTITIONERS AND HEALTHCARE PROVIDERS, MEDICAL FACILITY TOURS THAT SHOWCASE VMPS IN ACTION, SIMULATIONS AND COACHING, VMI'S EDUCATION SERVICES EQUIP PARTICIPANTS WITH NEW SKILLS, NEW IDEAS AND CONTINUING MEDICAL EDUCATION CREDITS. MOST SIGNIFICANTLY, PARTICIPANTS LEARN HOW VIRGINIA MASON FRANCIAN HEALTH CONSISTENTLY PUTS THE PATIENT FIRST IN EVERYTHING IT DOES, AND THEY LEAVE INSPIRED TO CREATE THEIR OWN PATIENT-CENTERED PROCESSES IN THEIR DAILY WORK WITH AND FOR PATIENTS.FROM JULY 1, 2024 - JUNE 30, 2025, THROUGH EDUCATION SERVICES, VMI DELIVERED TRAINING TO 20 HEALTHCARE ORGANIZATIONS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.