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← MILLENNIAL ACTION PROJECT DBA FUTURE CAUCUS

Form 990 for tax year 2022

Filed by MILLENNIAL ACTION PROJECT DBA FUTURE CAUCUS.

What the amendment changed

Compared with the return it replaced , filed 13 November 2023. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total expenses
$1,685,714 changed to $1,685,715
Total liabilities, end of year
$35,656 changed to $35,657
Net assets or fund balances, end of year
$3,593,966 changed to $3,593,965
Management and general expenses
$139,345 changed to $139,346

Totals

Total revenue
$1,848,389
Total expenses
$1,685,715
Contributions and grants received
$1,807,389
Grants paid
$0
Program service revenue
$0
Investment income
$41,000
Other revenue
$0
Total assets, end of year
$3,629,622
Total liabilities, end of year
$35,657
Net assets or fund balances, end of year
$3,593,965
Program services expenses (Part IX)
$1,195,331
Management and general expenses
$139,346
Fundraising expenses
$351,038
Program service expenses (Part III)
$1,195,331

Program services were 70.9% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $1,807,389

  • 1g · Noncash contributions included above

    $18,000

  • 3 · Investment income

    total $41,000 · related or exempt $0 · unrelated business $0 · excluded $41,000

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $972,069 · program services $693,264 · management and general $93,441 · fundraising $185,364

  • 9 · Other employee benefits

    total $100,362 · program services $74,306 · management and general $8,894 · fundraising $17,162

  • 10 · Payroll taxes

    total $81,962 · program services $59,120 · management and general $7,810 · fundraising $15,032

  • 11c · Fees: accounting

    total $22,311 · management and general $22,311

  • 11g · Fees: other

    total $242,859 · program services $140,069 · management and general $1,797 · fundraising $100,993

  • 12 · Advertising and promotion

    total $3,151 · program services $3,003 · management and general $19 · fundraising $129

  • 13 · Office expenses

    total $39,549 · program services $32,809 · management and general $654 · fundraising $6,086

  • 14 · Information technology

    total $44,135 · program services $34,710 · management and general $456 · fundraising $8,969

  • 16 · Occupancy

    total $48,725 · program services $40,307 · management and general $1,097 · fundraising $7,321

  • 17 · Travel

    total $83,789 · program services $74,936 · management and general $205 · fundraising $8,648

  • 19 · Conferences, conventions and meetings

    total $40,747 · program services $39,836 · management and general $117 · fundraising $794

  • 22 · Depreciation, depletion and amortization

    total $2,464 · management and general $2,464

  • 23 · Insurance

    total $3,592 · program services $2,971 · management and general $81 · fundraising $540

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $798,924 · end of year $942,449

  • 4 · Accounts receivable

    beginning of year $21,500 · end of year $25,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,405 · end of year $94

  • 10a · Land, buildings and equipment: cost or other basis

    $12,318

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,872

  • 10c · Land, buildings and equipment, net

    beginning of year $8,910 · end of year $6,446

  • 11 · Investments: publicly traded securities

    beginning of year $2,629,314 · end of year $2,655,633

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,762 · end of year $35,657

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $3,431,291 · end of year $3,219,886

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $374,079

Mission and programs · 2022

Mission

The Millennial Action Project has an audacious mission: activate young leaders to bridge the partisan divide and transform American politics.

Activities or mission (Part I)

The Millennial Action Project engages young policymakers on both the national and state levels to bridge the partisan divide and strengthen our democracy.

  • MAP currently operates bipartisan, Millennial-led chapters called Future Caucuses in 33 state legislatures. The State Future Caucus Network is dedicated to fostering a space to cultivate connection, dialogue, and fertile ground for collaborative policymaking. Each caucus pursues a bipartisan policy agenda that proposes solutions to the problems that will impact future generations. MAP also helps connect state lawmakers in the Future Caucus network to peers across state lines through virtual and in-person programming.

    Expenses $375,373

  • MAP leads efforts to organize the Congressional Future Caucus, our nation's first and only bipartisan caucus for young members of Congress, and its Hill staff counterpart, the 270+ member Millennial Action Staff Association. Representatives Sara Jacobs (D-CA) and Blake Moore (R-UT), who co-chair the 117th Congress' Future Caucus, garnered attention as some of the most effective freshman members in 2021. These legislators are breaking the status quo of hyper-partisanship and proving that America's next generation leads differently.

    Expenses $172,145

  • MAP initiated a 12-month process to create the underlying curriculum for a cohort-based leadership development program for young elected officials. This program will codify the skills legislators require to be bridge-builders, while providing the capacity-building resources they require to be deliberate and compassionate civic leaders. By partnering with experts in neuroscience, mindfulness, legislative negotiations, storytelling, and more, MAP's training modules will enable young lawmakers to become better leaders and more effective stewards of our political institutions.

    Expenses $211,071

  • The Policy & Outreach initiative involves a carefully-selected group of driven leaders and young professionals who are dedicated to helping usher in a new post-partisan era. This group serves as MAP's "inner-circle" of Millennial advisors who embody our mission, while offering various resources, access to networks and strategic counsel supporting the growth and reach of the organization.

    Expenses $276,807

  • MAP has invested significant resources into building an inspiring narrative of a positive vision for young leaders changing the way we govern. This program includes PR strategy and support, leveraging national conferences for visibility, thought-leadership content, modeling a constructive civil dialogue, all complemented by a robust and growing social media strategy.

    Expenses $196

  • We held the 2022 Future Summit, MAP's sixth-annual national gathering of current and prospective Future Caucus members across state lines. MAP convened a bipartisan group of 32 state legislators, hailing from 16 states, to gather with leading policy experts for a day of connection, innovation, and collaboration. The diverse group of participants shared their governing best practices and ideas on next-generation policies affecting young people across the country.

    Expenses $94,334

  • The 5th Annual Rising Star Awards ceremony was held in December and recognized Alabama State Representative Jeremy Gray (D) and Arkansas State Representative Aaron Pilkington (R), along with members of the Oklahoma State Future Caucus. The Rising Star Awards is an annual event highlighting young leaders - one Republican and one Democrat - who embody MAP's vision of transcending toxic polarization, along with one outstanding state Future Caucus for their future-focused leadership and political bridge-building.

    Expenses $50,771

  • MAP's DEI initiative was created to support the leadership of two key women of color at the organization, the President & CEO and the head of MAP's DEI Committee, in order to advance their ability to succeed and steward inclusive principles in the workplace. The initiative also includes a series of learning activities with MAP staff during staff retreats to democratize the responsibility of prioritizing DEI, as well as work collectively to identify opportunities to better recruit and engage legislators from diverse backgrounds in our programming.

    Expenses $9,850

  • On the Rise Tour: The Millennial Action Project spent time planning and preparing for our first "On the Rise Tour," which will focus on preparing our state-based Future Caucuses to transcend toxic polarization and bridge the partisan divide. The tour, which will kick off in early 2023, will include in-person visits to Arkansas, Georgia, Kansas, Vermont, and Oklahoma to meet with Future Caucus legislators in those states.

    Expenses $4,784

As filed on the 2022 return.

Listed in Part VII

  • Layla Zaidane

    President & CEO

    Total calculated
    $175,447
    From this org
    $175,447
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,447
    Bonus
    $10,000
    Other
    $0
    Deferred
    $12,850
    Nontaxable benefits
    $5,943
    Filer's total
    $194,240
  • Rochelle Coburn

    Chief Operating Officer

    Total calculated
    $112,571
    From this org
    $112,571
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Nicholas Maschari

    Board Member and Chair

    Total calculated
    $0
    Hours/week
    1
  • Ellen Kim

    Board Member and Treasurer

    Total calculated
    $0
    Hours/week
    1
  • David Burd

    Board Member and Secretary

    Total calculated
    $0
    Hours/week
    1
  • Jose Felix Diaz

    Board member

    Total calculated
    $0
    Hours/week
    1
  • Laurie Schultz Heim

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Maryfrances Metrick

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Rachel Pearson

    Board member

    Total calculated
    $0
    Hours/week
    1
  • David Rokeach

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Nancy Roman

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Erica Williams

    Board Member

    Total calculated
    $0
    Hours/week
    1

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 · Independent compensation consultant
  • 3 · Compensation survey or study

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202400669349301605

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