The International Society For Ecology And Culture, operating under the name Local Futures, is located in East Hardwick, VT. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, Local Futures employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Futures 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 12/2023, Local Futures generated $566.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $557.3k during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ISEC'S MISSION IS TO PROTECT AND RENEW ECOLOGICAL AND SOCIAL WELL-BEING BY STRENGTHENING LOCAL ECONOMIES AND COMMUNITIES WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL TO LOCAL EDUCATION PROGRAMS. WE CONTINUED OUR EDUCATIONAL OUTREACH THROUGH BOOK AND VIDEO SALES, FREELY DISTRIBUTED FILMS, PODCASTS, BLOGS, AND OTHER WEB-BASED MATERIALS. IN 2023 DIRECTOR HELENA NORBERG-HODGE FILMED A 5-MODULE ONLINE COURSE ON LOCALIZATION, AS WELL AS A "GREAT MINDS" COURSE CALLED "AN INDICTMENT AGAINST THE DARK SIDE OF ECONOMIC GLOBALIZATION". SHE ALSO GAVE 35 LIVE PUBLIC TALKS IN AUSTRALIA, SPAIN, UK, ITALY, GERMANY AND CZECH REPUBLIC. MANAGING PROGRAMS DIRECTOR ANJA LYNGBAEK TAUGHT LOCAL ECONOMICS AS PART OF A 12-WEEK UNIVERSITY DIPLOMA COURSE FOR LATIN AMERICAN STUDENTS, AND PROJECT COORDINATOR ALEX JENSEN PARTICIPATED IN THE FIRST IN-PERSON ASSEMBLY OF THE GLOBAL TAPESTRY OF ALTERNATIVES' IN NANYUKI, KENYA, AND PRESENTED A TALK ON 'DEGROWTH, DEGLOBALIZATION AND LOCALIZATION', AT THE 9TH INTERNATIONAL DEGROWTH CONFERENCE IN ZAGREB, CROATIA. WE ALSO BEGAN WORK ON A SERIES OF SHORT FILMS.
COUNTERDEVELOPMENT PROGRAMS, INCLUDING LADAKH PROJECT. IN 2023, OUR LOCAL STAFF IN LADAKH WAS VERY ACTIVE. THEY PARTNERED WITH SKILLED YOUNG NATURAL BUILDERS TO ORGANIZE A WEEKLONG WORKSHOP TO RESTORE A HISTORIC HOUSE IN THE VILLAGE OF CHUCHOT, USING ONLY NATURAL LOCAL MATERIALS, PRINCIPALLY EARTH. THEY DOCUMENTED THE EFFORT IN A SHORT VIDEO, "CHUCHOT HOUSE RESTORATION", TO HIGHLIGHT THE IMPORTANCE OF USING LOCAL AND SUSTAINABLE METHODS AND MATERIALS FOR BUILDING CONSTRUCTION. REGULAR FILM SCREENINGS AND ACCOMPANYING DISCUSSIONS TOOK PLACE THROUGHOUT THE YEAR, AS WELL AS A SERIES OF ONLINE DISCUSSION SESSIONS ON TOPICS SUCH AS GIFT ECONOMY AND CARRYING CAPACITY, IN AN EFFORT TO UNDERSTAND THE LIMITATIONS OF RESOURCES IN PLACES LIKE LADAKH.
WORD LOCALIZATION DAY. IN 2023 OUR CELEBRATION OF THE WORLDWIDE LOCALIZATION MOVEMENT ATTRACTED INDIVIDUALS AND GROUPS FROM 27 COUNTRIES, WITH MORE THAN 100 EVENTS AND INITIATIVES - INCLUDING ENVIRONMENTAL FESTIVALS AND SOLSTICE CELEBRATIONS, SEED SWAPS AND WORKSHOPS, ONLINE TALKS, FILM SCREENINGS, AND NEIGHBORHOOD FEASTS. THE MONTH-LONG SERIES OF WLD EVENTS CULMINATED IN A WEBINAR: 'LOCALIZING GLOBALLY: BUILDING A WORLDWIDE MOVEMENT' HOSTED BY LOCAL FUTURES DIRECTOR HELENA NORBERG-HODGE AND PROJECT COORDINATOR HENRY COLEMAN. THE WEBINAR FEATURED TRANSITION TOWN AND NEW ECONOMY MOVEMENT LEADERS AND OTHER LOCALIZATION PIONEERS FROM INDIA, NEPAL, PHILIPPINES, JAPAN, ZIMBABWE, BENIN, PALESTINE, MACEDONIA, BRAZIL, SPAIN, AND THE UK. WORLD LOCALIZATION DAY 2023 GARNERED OVER 10,000 WEB PAGE VISITS INCLUDING 8,495 UNIQUE VISITORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Helena Norberg-Hodge Executive Director | OfficerTrustee | 50 | $68,750 |
Steven Gorelick Managing Programs Director | Officer | 40 | $50,000 |
Paula Pace Treasurer | OfficerTrustee | 2 | $0 |
Barbara Kent Secretary | OfficerTrustee | 2 | $0 |
Ann Roberts Director | Trustee | 1 | $0 |
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 | $453,318 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $453,318 |
Total Program Service Revenue | $98,880 |
Investment income | $14,634 |
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 | $566,832 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $8,263 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $4,134 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $118,750 |
Compensation of current officers, directors, key employees. | $28,881 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $230,498 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,420 |
Payroll taxes | $13,112 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,285 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $40,877 |
Advertising and promotion | $2,118 |
Office expenses | $12,770 |
Information technology | $13,367 |
Royalties | $0 |
Occupancy | $9,453 |
Travel | $39,554 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $557,292 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $187,302 |
Savings and temporary cash investments | $1,005,474 |
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 | $10,736 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $25,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,228,512 |
Accounts payable and accrued expenses | $1,741 |
Grants payable | $0 |
Deferred revenue | $381,986 |
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 | $383,727 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $246,840 |
Paid-in or capital surplus, or land, building, or equipment fund | $597,945 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,228,512 |