Future Society Inc
- Assets
- $384.7k
- Revenue
- $755.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Boston, MA
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-3568099
Organization Overview
Future Society Inc is located in Boston, MA. The organization was established in 2017. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Future Society Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Future Society Inc generated $755.4k in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FUTURE SOCIETY (TFS) ORGANIZES AND HOSTS PANELS, TALKS, WORKSHOPS AND DEBATES, AS WELL AS, PRODUCES RESEARCH AND PUBLICATIONS. TFS PARTICIPATES IN CONFERENCES TO ADVANCE ITS PRIMARY EXEMPT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORM ACTIVITIES THAT INCLUDE POLICY RESEARCH, EDUCATIONAL & LEADERSHIP DEVELOPMENT PROGRAMS, ADVISORY SERVICES, SEMINARS & SUMMITS AND OTHER SPECIAL PROJECTS TO ADVANCE THE RESPONSIBLE ADOPTION OF ARTIFICIAL INTELLIGENCE (AI) AND OTHER EMERGING TECHNOLOGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicolas Miailhe President | OfficerTrustee | 40 | $120,000 |
Simon Mueller Treasurer, Clerk, Director | OfficerTrustee | 2 | $0 |
Eileen Lach Director | Trustee | 2 | $0 |
DE Kai Wu Director | Trustee | 2 | $0 |
Suzanne Bays Director | Trustee | 2 | $0 |
Caroline Galvan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,320 |
| All other contributions, gifts, grants, and similar amounts not included above | $599,907 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $636,227 |
| Total Program Service Revenue | $119,161 |
| 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 | $755,388 |
| 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. | $141,632 |
| Compensation of current officers, directors, key employees. | $46,336 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,841 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,659 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,183 |
| Advertising and promotion | $195 |
| Office expenses | $0 |
| Information technology | $30,568 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,228 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,152 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $725,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,494 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $70,800 |
| 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 | $2,436 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $384,730 |
| Accounts payable and accrued expenses | $159,591 |
| Grants payable | $0 |
| Deferred revenue | $68,723 |
| 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 | $228,314 |
| Net assets without donor restrictions | $75,333 |
| Net assets with donor restrictions | $81,083 |
| 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 | $384,730 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Future Society Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Mozilla Foundation San Francisco, CA PURPOSE: COMMUNITY BUILDING GRANTS | $15,000 |
The Jain Family Institute New York, NY PURPOSE: GENERAL UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council On Foreign Relations Inc New York, NY | $674,171,200 | $102,605,000 |
Population Council Inc New York, NY | $165,937,710 | $57,674,221 |
Union Of Concerned Scientists Inc Cambridge, MA | $92,807,274 | $64,025,005 |
Business Council For International Understanding Inc New York, NY | $3,579,725 | $5,813,542 |
Committee For Accuracy In Middle East Reporting In America Inc Boston, MA | $14,473,730 | $9,012,828 |
Foreign Policy Association Incorporated New York, NY | $5,721,976 | $4,285,945 |
Carnegie Council For Ethics In International Affairs Inc New York, NY | $42,413,355 | $2,380,908 |
Independent Diplomat Inc New York, NY | $1,546,888 | $2,800,004 |
Israel Policy Forum Inc New York, NY | $4,206,685 | $4,071,986 |
The Africa-America Institute New York, NY | $4,440,622 | $2,165,945 |
Parliamentarians For Global Action New York, NY | $2,359,532 | $2,527,257 |
Carey Institute For Global Good Inc Rensselaerville, NY | $4,785,067 | $2,167,736 |