Future Majority Inc
- Assets
- $1.6m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- 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 12/2022, Future Majority Inc generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 71.7% each year . All expenses for the organization totaled $10.5m during the year ending 12/2022. While expenses have increased by 74.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Riddle President & Dir. (see Sched L) | OfficerTrustee | 60 | $0 |
Matthew Tompkins Treasurer, Sec. & Dir. | OfficerTrustee | 60 | $198,000 |
Dustin Robinson Director Of Comm. (see Sched L) | Trustee | 60 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jva Campaigns Llc Media Buy And Ad Production | 12/30/22 | $5,028,183 |
Assemble The Agency Llc Media Buy, Ad Production, Website & Rese | 12/30/22 | $2,017,396 |
Fortune Media Inc Media Buy | 12/30/22 | $1,159,532 |
Wildcat Digital Llc Program And Management Services | 12/30/22 | $270,000 |
Worthy Strategy Group Research Services | 12/30/22 | $325,399 |
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 | $9,992,737 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,992,737 |
| 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 | $9,992,737 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $82,500 |
| 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. | $198,000 |
| 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 | $1,780 |
| Fees for services: Accounting | $17,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $51,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,078,429 |
| Advertising and promotion | $8,242,743 |
| Office expenses | $41,652 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $66,474 |
| 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 | $23,389 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,520,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,595,545 |
| 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 | $28,125 |
| Other assets | $0 |
| Total assets | $1,623,670 |
| Accounts payable and accrued expenses | $615 |
| 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 | $615 |
| Net assets without donor restrictions | $1,623,055 |
| 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 | $1,623,670 |
Grants Awarded
Over the last fiscal year, Future Majority Inc has awarded $82,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA VOTES GENERAL FUND PURPOSE: GENERAL FUNDING FOR ADVANCING PROGRESSIVE POLICIES, EXPAND ACCESS TO THE BALLOT, COORDINATE ISSUE ADVOCACY AND PROTECT EVERY AMERICAN'S RIGHT TO VOTE. | $25,000 |
VALORUS PURPOSE: PARTNERSHIP FOR REPRODUCTIVE FREEDOM PROGRAM | $57,500 |