Future Roots INC

Tax-deductible

Los Angeles, CA501(c)(3)Arts & CultureEIN 51-0665121Revenue $984K in FY2024

On file with the IRSfutureroots.org1035 W 24th St, 90007-1816 · Los Angeles, CATax-exempt since Jan 2009Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Run by 180 volunteers and 4 employees.
Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $244K a year · 22% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$76K
to officers and key staff · 7% of spending
Top officer’s pay higher than 72% of similar orgs
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $254K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$532
0.04% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 12 voting members
Looks good: 11 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$984K
-20% vs prior year
Spent
$1.0M
To programs
83%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$984K
FY2024▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$560K
FY2021$1.1M
FY2022$1.7M
FY2023$1.2M
FY2024$984K
Expenses
$1.0M
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$409K
FY2021$840K
FY2022$1.1M
FY2023$1.0M
FY2024$1.0M
Net assets
$1.3M
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$252K
FY2021$530K
FY2022$1.1M
FY2023$1.4M
FY2024$1.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $864K Management & general 5% · $52K Fundraising 12% · $122K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

12 people listed on the 990; $76K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director, Secretary/Treasurer
$76,100Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director, Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director, President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Alejandro Cohen’s $76K as Director, Secretary/Treasurer is at the 72nd percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Alejandro Cohen$76,100$57,300$79,100$55,600$42,401
Mark McNeill See Sch O—$2,290$14,900$7,250$5,050

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Future Roots INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Future Roots INC is an arts and culture nonprofit based in Los Angeles, CA.

Questions for Future Roots INC

Tap to ask. Future Roots INC sees how many people are interested.

Your first name shows with your question. Future Roots INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $864K · in their own filed words · FY2024
01

In 2024 dublab produced approximately 180 unique live radio shows that air monthly, directly serving approximately 220 individual artists, and reaching approximately 300,000 listeners per month via broadcasts and radio archive playback. Dublab radio is programmed continuously online, 24 hours a day, 365 days per year.

$842Kprogram expense
02

Invisible republic is a program dedicated to strengthening arts education and visual literacy throughout book publications and exhibitions. Using a mix of print and gitial media to help bring underrepresented voices to the fore.

$22Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$984K
Ln 12
Gifts and grantsLn 1h$626K
Fees for servicesLn 2g$340K
Investment incomeLn 3$24K
Money outPt IX
$1.0M
Ln 25
Programscol B$864K
Managementcol C$52K
Fundraisingcol D$122K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$739K
Total assetsLn 16$1.3M
LiabilitiesLn 26$532
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$626K
Government grantsLn 1e$71K
Fundraising eventsLn 1c$17K
Fees for servicesLn 2g$340K
Investment incomeLn 3$24K
Total revenueLn 12$984K
Assets in detailPt X, end of year
CashLn 1$483K
SavingsLn 2$256K
Cash and savings togetherLn 1–2$739K
InvestmentsLn 11–13$56K
Land, buildings, equipmentLn 10c$292K
Total assetsLn 16$1.3M
LiabilitiesLn 26$532
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 54
VolunteersI 6180
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$731K$739K
InvestmentsLn 11–13$57K$56K
Land, buildings, equipmentLn 10c$343K$292K
Total assetsLn 16$1.4M$1.3M
LiabilitiesLn 26$169$532
Net assetsLn 32$1.4M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$76K$57K$11K$8K
Other salaries and wagesLn 7$243K$225K$2K$16K
Other employee benefitsLn 9$15K$13K$622$1K
Payroll taxesLn 10$25K$22K$1K$2K
Accounting feesLn 11c$10K$10K
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$345K$317K$2K$26K
Advertising and promotionLn 12$22K$7K$15K
Office expensesLn 13$64K$55K$9K
Information technologyLn 14$51K$51K
OccupancyLn 16$40K$37K$3K
TravelLn 17$13K$13K
Conferences, conventions and meetingsLn 19$632$632
Depreciation, depletion and amortizationLn 22$59K$51K$9K
InsuranceLn 23$11K$1K$10K
Other expenses (24a–d)Ln 24$61K$16K$289$45K
Total functional expensesLn 25$1.0M$864K$52K$122K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $984K$1.0M−$54K$1.3M 990 PDF
FY2023 $1.2M$1.0M$219K$1.4M 990 PDF
FY2022 $1.7M$1.1M$628K$1.1M 990 PDF
FY2021 $1.1M$840K$274K$530K 990 PDF
FY2020 $560K$409K$151K$252K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $984,247 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $844,524$626,205
I-9 Program service revenuePrior year $381,386$339,932
I-10 Investment incomePrior year $6,702$24,294
I-11 Other revenuePrior year −$5,192−$6,184
I-12 Total revenuePrior year $1,227,420$984,247
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $307,756$359,157
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $701,039$679,024
I-18 Total expensesPrior year $1,008,795$1,038,181
I-19 Revenue less expensesPrior year $218,625−$53,934
Part VI · Governance 11 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members11
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $984,247 across 8 lines filed
VIII-1c Fundraising events$16,826
VIII-1e Government grants$70,624
VIII-1f All other contributions, gifts and grants$538,755
VIII-1h Total contributions, gifts and grants$626,205
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $339,932$339,932
VIII-3 Investment incomeExcluded from tax $24,294$24,294
VIII-8 Net income from fundraising eventsExcluded from tax −$6,184−$6,184
VIII-12 Total revenueRelated to mission $339,932 · Unrelated business $0 · Excluded from tax $18,110$984,247
Part IX · Statement of functional expenses $1,038,181 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $57,075 · Management $11,415 · Fundraising $7,610$76,100
IX-7 Other salaries and wagesPrograms $224,805 · Management $2,125 · Fundraising $16,470$243,400
IX-9 Other employee benefitsPrograms $12,951 · Management $622 · Fundraising $1,107$14,680
IX-10 Payroll taxesPrograms $22,036 · Management $1,058 · Fundraising $1,883$24,977
IX-11c Accounting feesManagement $10,097$10,097
IX-11f Investment management feesManagement $1,523$1,523
IX-11g Other fees for servicesPrograms $316,587 · Management $2,420 · Fundraising $25,590$344,597
IX-12 Advertising and promotionPrograms $6,705 · Fundraising $15,444$22,149
IX-13 Office expensesPrograms $54,859 · Fundraising $9,234$64,093
IX-14 Information technologyPrograms $50,970$50,970
IX-16 OccupancyPrograms $37,406 · Management $2,977$40,383
IX-17 TravelPrograms $12,609$12,609
IX-19 Conferences, conventions and meetingsPrograms $632$632
IX-22 Depreciation, depletion and amortizationPrograms $50,543 · Management $8,919$59,462
IX-23 InsurancePrograms $1,159 · Management $10,158$11,317
IX-24 Other expenses (24a–d)Programs $15,927 · Management $289 · Fundraising $44,976$61,192
IX-25 Total functional expensesPrograms $864,264 · Management $51,603 · Fundraising $122,314$1,038,181
Part X · Balance sheet $1,324,538 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $403,676$483,105
X-2 Savings and temporary cash investmentsStart of year $326,930$256,073
X-3 Pledges and grants receivableStart of year $215,974$219,758
X-4 Accounts receivableStart of year $24,930$17,084
X-10c Land, buildings and equipment, netStart of year $342,642$292,213
X-11 Publicly traded securitiesStart of year $56,507$56,305
X-16 Total assetsStart of year $1,370,659$1,324,538
X-17 Accounts payable and accrued expensesStart of year $169$532
X-26 Total liabilitiesStart of year $169$532
X-27 Net assets without donor restrictionsStart of year $1,170,083$1,324,006
X-28 Net assets with donor restrictionsStart of year $200,407$0
X-32 Total net assets or fund balancesStart of year $1,370,490$1,324,006
X-33 Total liabilities and net assetsStart of year $1,370,659$1,324,538
Part XI · Reconciliation of net assets $1,324,006 net assets at year end
XI-1 Total revenue$984,247
XI-2 Total expenses$1,038,181
XI-3 Revenue less expenses−$53,934
XI-4 Net assets at start of year$1,370,490
XI-5 Net unrealized gains (losses) on investments$7,450
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,324,006

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.