Medical College of Wisconsin research and development spending, FY2024
- Milwaukee, WI
- S4Y-R
- Private nonprofit
- Standard form filer
Medical College of Wisconsin in FY2024
$360.3 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #96 of 925
- Change on FY2023
- up 3.9%
- Rank change
- down 5
Medical College of Wisconsin reported $360.3 million of research and development spending in FY2024, ranking #96 of the 925 institutions in the survey. That is up 3.9% on FY2023's $346.7 million; its national rank was down 5 places. Federal government is its largest funding source at 41.6% ($150.0 million), followed by institution funds at 33.3%. Its largest field of research is life sciences, $354.4 million or 98.4% of the total.
Over time
Research spending, FY2010 to FY2024
Standard-form totals FY2010 onwards as revised by NCSES in the newest release; rank is within that series.
Year-by-year figures
| Fiscal year | R&D expenditure | Rank in series |
|---|---|---|
| FY2010 | $191.8 million | 97 |
| FY2011 | $215.4 million | 88 |
| FY2012 | $209.0 million | 91 |
| FY2013 | $201.2 million | 94 |
| FY2014 | $199.7 million | 100 |
| FY2015 | $199.3 million | 100 |
| FY2016 | $199.9 million | 100 |
| FY2017 | $209.6 million | 100 |
| FY2018 | $229.4 million | 97 |
| FY2019 | $251.3 million | 95 |
| FY2020 | $264.3 million | 95 |
| FY2021 | $276.9 million | 94 |
| FY2022 | $309.2 million | 93 |
| FY2023 | $346.7 million | 91 |
| FY2024 | $360.3 million | 96 |
FY2024 breakdown
Where the money came from, and what it paid for
FY2024 funding sources and research fields
Funding sources
The 6 NSF funding sources Medical College of Wisconsin reported in FY2024, largest first. Shares are of its own FY2024 total, and the rank is national within that source.
| Source | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Federal government | $150.0 million | 41.6% | −3.5% | 114 |
| Institution funds | $120.1 million | 33.3% | +5.6% | 83 |
| Business | $46.1 million | 12.8% | +20.0% | 42 |
| Nonprofit organizations | $38.4 million | 10.7% | +16.1% | 51 |
| All other sources | $5.6 million | 1.5% | +4.7% | 99 |
| State and local government | $125 thousand | 0.0% | −83.4% | 489 |
| All sources | $360.3 million | 100.0% | +3.9% | 96 |
Fields of research
The 2 NSF research fields Medical College of Wisconsin reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Life sciences | $354.4 million | 98.4% | +4.6% | 58 |
| Engineering | $5.9 million | 1.6% | −24.3% | 215 |
Neighbours
Ranked around Medical College of Wisconsin
Institutions ranked immediately above and below
The five institutions ranked above Medical College of Wisconsin and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 91 | Georgetown University | $376.6M |
| 92 | University of Hawaii at Manoa | $375.6M |
| 93 | Brown University | $374.5M |
| 94 | Oregon State University | $371.9M |
| 95 | Albert Einstein College of Medicine | $360.8M |
| 96 | Medical College of Wisconsin | $360.3M |
| 97 | University of New Mexico, The | $354.9M |
| 98 | University of Massachusetts Medical School | $349.6M |
| 99 | Northeastern University | $346.9M |
| 100 | University of Notre Dame | $345.8M |
| 101 | Wake Forest University | $344.5M |
Keep looking
Where this institution sits
Related rankings
Benchmark Medical College of Wisconsin against its peers.
Request a demoData: NSF HERD FY2024, built from NSF's published tables on September 8, 2026. Page updated September 13, 2026.
Data: National Center for Science and Engineering Statistics, National Science Foundation, Higher Education Research and Development Survey, FY2024.
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