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Nonprofiteer
← FUTURE MAJORITY INC

Form 990 for tax year 2022

Filed by FUTURE MAJORITY INC.

Totals

Total revenue
$9,992,737
Total expenses
$10,520,616
Contributions and grants received
$9,992,737
Grants paid
$82,500
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,623,670
Total liabilities, end of year
$615
Net assets or fund balances, end of year
$1,623,055
Program services expenses (Part IX)
$10,097,551
Management and general expenses
$258,182
Fundraising expenses
$164,883
Program service expenses (Part III)
$10,097,551

Program services were 96.0% 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.

  • 1f · All other contributions, gifts and grants

    $9,992,737

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $82,500 · program services $82,500

  • 5 · Compensation of officers, directors and key employees

    total $198,000 · program services $198,000

  • 11b · Fees: legal

    total $1,780 · management and general $1,780

  • 11c · Fees: accounting

    total $17,860 · management and general $17,860

  • 11e · Fees: professional fundraising services

    total $51,000 · fundraising $51,000

  • 11g · Fees: other

    total $1,078,429 · program services $843,979 · management and general $142,725 · fundraising $91,725

  • 12 · Advertising and promotion

    total $8,242,743 · program services $8,242,743

  • 13 · Office expenses

    total $41,652 · management and general $41,652

  • 17 · Travel

    total $66,474 · program services $22,158 · management and general $22,158 · fundraising $22,158

  • 22 · Depreciation, depletion and amortization

    total $23,389 · management and general $23,389

  • 24a · Other expenses: RESEARCH

    total $708,171 · program services $708,171

  • 24b · Other expenses: REIMBURSABLE EXPENSES

    total $8,107 · management and general $8,107

  • 24c · Other expenses: TAXES AND LICENSES

    total $511 · management and general $511

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,127,346 · end of year $1,595,545

  • 14 · Intangible assets

    beginning of year $24,513 · end of year $28,125

  • 17 · Accounts payable and accrued expenses

    beginning of year $926 · end of year $615

  • 27 · Net assets without donor restrictions

    beginning of year $2,150,933 · end of year $1,623,055

Mission and programs · 2022

Mission

FUTURE MAJORITY (FM) IS A STRATEGY CENTER DEDICATED TO BUILDING FREEDOM, A FAIR SHOT, AND THE FUTURE FOR EVERY AMERICAN.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • RESEARCH ON POLICY ISSUES, AND PUBLIC OPINION POLLING: THE FOUNDATION OF FUTURE MAJORITY'S OPERATION IN 2022 WAS ITS PUBLIC POLICY RESEARCH AND PUBLIC OPINION POLLING. THE RESEARCH WAS USED TO INFORM FUTURE MAJORITY'S PUBLIC EDUCATION CAMPAIGNS, AND INFORM LEADERS, ORGANIZATIONS, AND CIVIC GROUPS ON CRITICAL ISSUES. A KEY PROJECT WAS FUTURE MAJORITY'S USE OF METAPHORIC ELICITATION, A TECHNIQUE TO HELP UNDERSTAND PUBLIC SENTIMENT ON KEY ISSUES AND CURRENT EVENTS.

    Expenses $1,854,808

  • PUBLIC EDUCATION CAMPAIGNS & COMMUNICATIONS: FUTURE MAJORITY CONTINUED TO ENGAGE THE GENERAL PUBLIC AND LEADERS BY COMMUNICATING THROUGH PUBLIC MEDIA TO EDUCATE AMERICANS ON ISSUES THAT IMPACT THEIR LIVES. KEY ISSUES OF HEALTHCARE AFFORDABILITY, REPRODUCTIVE FREEDOM AND LEGISLATIVE ACCOMPLISHMENTS BY CONGRESS IN 2022.BELOW ARE THE CAMPAIGNS: PUBLIC EDUCATION ON HEALTHCARE ISSUE ADVOCACY ON FEDERAL POLICIES TO LOWER HEALTHCARE COSTS AND PATIENT SAVINGS BY REQUIRING INSURANCE COMPANIES AND PBMS TO PASS SAVINGS ON TO PATIENTS THEY SERVEAFFORDABLE INSULIN NOW ACT (S.3700)PUBLIC EDUCATION ON POLICY ISSUES AFFECTING VOTERS UNDER THE AGE OF 40, EDUCATING THEM ON CRITICAL ISSUE SUCH AS REPRODUCTIVE FREEDOM, LEGISLATIVE AGENDA PASSED AND ENACTED BY CONGRESS. PUBLIC EDUCATION AND ADVOCACY FOR PASSAGE OF THE REPRODUCTIVE FREEDOM FOR ALL ACT (S.4688). FUTURE MAJORITY COMMUNICATED WITH THE PUBLIC THROUGH BROADCAST TELEVISION, SOCIAL MEDIA AND DIGITAL CHANNELS TO EDUCATE THE AMERICANS ABOUT THESE ISSUES.

    Expenses $8,242,743 · Grants $82,500

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark Riddle

    PRESIDENT & DIR. (SEE SCHED L)

    Total calculated
    $0
    Hours/week
    60

  • Matthew Tompkins

    TREASURER, SEC. & DIR.

    Total calculated
    $198,000
    From this org
    $198,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $198,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $198,000

  • Dustin Robinson

    DIRECTOR OF COMM. (SEE SCHED L)

    Total calculated
    $0
    Hours/week
    60

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

  • 3 · Approval by the board or compensation committee

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

  • VALORUS

    $57,500

    PARTNERSHIP FOR REPRODUCTIVE FREEDOM PROGRAM

  • AMERICA VOTES GENERAL FUND

    $25,000

    GENERAL FUNDING FOR ADVANCING PROGRESSIVE POLICIES, EXPAND ACCESS TO THE BALLOT, COORDINATE ISSUE ADVOCACY AND PROTECT EVERY AMERICAN'S RIGHT TO VOTE.

Provenance

Return type
form_990
Tax year
2022
Filed
17 October 2023
IRS schema version
2022v5.0
Source object
202302909349300535

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