Future Majority Inc
- Assets
- $2.2m
- Revenue
- $27.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2021
- EIN
- 61-1871761
Organization Overview
Future Majority Inc is located in Washington, DC. Future Majority Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Future Majority Inc generated $27.7m in total revenue. All expenses for the organization totaled $28.1m during the year ending 12/2021. While expenses have increased by 155.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC EDUCATION CAMPAIGNS & COMMUNICATIONS: FUTURE MAJORITY CONTINUED TO ENGAGE THE GENERAL PUBLIC AND LEADERS BY COMMUNICATING THROUGH PUBLIC MEDIA TO EDUCATE AMERICANS ON ISSUES RELATED TO AMERICAN RESCUE PLAN ACT, EDUCATING THE PUBLIC ON HEALTHCARE ISSUES AND PROMOTING POLICY THAT SPUR INNOVATION AND CREATING JOBS.BELOW ARE THE CAMPAIGNS: PUBLIC EDUCATION ON THE AMERICAN RESCUE PLAN ACT OF 2021 H.R. 1319PUBLIC EDUCATION ON HEALTHCARE ISSUE ADVOCACY. PUBLIC EDUCATION ON INNOVATION AND JOBS.FUTURE MAJORITY COMMUNICATED WITH THE PUBLIC THROUGH BROADCAST TELEVISION, RADIO, SOCIAL MEDIA AND DIGITAL CHANNELS TO EDUCATE THE AMERICANS ABOUT THESE ISSUES.
RESEARCH ON POLICY ISSUES, AND PUBLIC OPINION POLLING:THE FOUNDATION OF FUTURE MAJORITY'S OPERATION IN 2021 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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Tompkins Treasurer, Sec. & Dir. | OfficerTrustee | 50 | $180,000 |
Mark Riddle President & Dir. (see Sched L) | OfficerTrustee | 50 | $0 |
Dustin Robinson Director Of Comm. (see Sched L) | Trustee | 50 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jva Campaigns Llc Advertising And Marketing - Programs | 12/30/21 | $6,622,327 |
Change Research Public Benefit Corp Polling Research - Programs | 12/30/21 | $441,800 |
Worthy Strategy Group Llc Research - Programs | 12/30/21 | $322,647 |
Wildcat Digitals Consulting - Program & Management | 12/30/21 | $240,000 |
Clarity Digital Consulting - Programs | 12/30/21 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,734,441 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,734,441 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,734,441 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $565 |
| Fees for services: Accounting | $15,394 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $97,750 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,634,951 |
| Advertising and promotion | $26,048,471 |
| Office expenses | $51,723 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $57,654 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,958 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $28,122,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,127,346 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $24,513 |
| Other assets | $0 |
| Total assets | $2,151,859 |
| Accounts payable and accrued expenses | $926 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $926 |
| Net assets without donor restrictions | $2,150,933 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,151,859 |
Grants Awarded
Over the last fiscal year, Future Majority Inc has awarded $5,230,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNITE THE COUNTRY PURPOSE: GENERAL PURPOSES | $5,000,000 |
MPOWER 360 PURPOSE: SUPPORTING NON PARTISAN COMMUNICATION TO URGE BLACK VOTERS TO VOTE IN THE 2020 ELECTIONS IN NEVADA. | $80,000 |
Los Angeles, CA PURPOSE: EDUCATING, MOBILIZING AND TRAINING COLLEGE STUDENT ORGANIZERS TO ADVOCATE FOR AFFORDABLE PUBLIC HIGHER EDUCATION. | $50,000 |
GLOBAL COMPASSION IN ACTION PURPOSE: SUPPORTING THE VETERAN'S PROGRAM. | $50,000 |
Washington, DC PURPOSE: SUPPORTING A PRIMARY PURPOSE DIGITAL PROGRAM TO LATIN VOTERS WHO SKEW YOUNGER AND LOWER PROPENSITY TO VOTE. | $40,000 |
SOUTH CAROLINA DEMOCRATIC PARTY PURPOSE: PARTISAN DONATION. | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Future Majority Inc has recieved totaling $90,000.
| Awarding Organization | Amount |
|---|---|
Defi Education Fund Alexandria, VA PURPOSE: PUBLIC POLLING | $90,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Campbellsville University Inc Campbellsville, KY | $197,242,279 | $142,326,474 |
Adventist Development And Relief Agency International Silver Spring, MD | $93,556,695 | $133,531,867 |
Point Park University Pittsburgh, PA | $213,510,842 | $122,379,566 |
Wellmont Medical Associates Inc Johnson City, TN | $20,115,154 | $123,355,433 |
Maryview Hospital Llc Suffolk, VA | $0 | $126,392,609 |
Leconte Medical Center Knoxville, TN | $91,240,969 | $144,185,798 |
Columbus Regional Healthcare System Whiteville, NC | $197,969,739 | $134,524,668 |
Mount Saint Marys University Emmitsburg, MD | $202,133,149 | $126,243,509 |
Moses Cone Physician Services Inc Greensboro, NC | $50,601,187 | $84,107,412 |
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |
U S Committee For Refugees And Immigrants Inc Arlington, VA | $73,971,820 | $124,758,624 |
Lehigh Valley Hospital - Schuykill Allentown, PA | $123,931,422 | $141,448,853 |