Future Society INC FY2020 filing

Tax-deductible

Boston, MA501(c)(3)InternationalEIN 81-3568099Revenue $996K in FY2020

On file with the IRSthefuturesociety.org867 Boylston St Lbby, 02116-2769 · Boston, MATax-exempt since May 2017Publicly supported charity — 170(b)(1)(A)(vi)

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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.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$146K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · 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
5 of 5
filings with a surplus
Average surplus $731K a year · 39% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$146K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $67K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$61K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$996K
Spent
$848K
To programs
73%
Net assets
$126K
By yearFY2020–FY2024
Revenue
$996K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$996K
FY2021$755K
FY2022$2.1M
FY2023$2.2M
FY2024$3.4M
Expenses
$848K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$848K
FY2021$725K
FY2022$1.1M
FY2023$1.2M
FY2024$1.9M
Net assets
$126K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$126K
FY2021$156K
FY2022$1.2M
FY2023$2.2M
FY2024$3.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2017.

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

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $623K Management & general 15% · $123K Fundraising 11% · $92K

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

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Who runs it and what they're paid

7 people listed on the 990; $146K paid to officers and key staff.

Part VII, Section A · reportable compensation
$116,000Pt VII · Sec A
Director
$30,288Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer, Clerk, Director
$0Pt VII · Sec A

Nicolas Moes’s $164K as Executive Director is at the 64th percentile of top reported officer pay among 1168 $1–10M international 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Nicolas Moes$163,600$99,407———
Nicolas Miailhe$19,000$150,000$149,600$120,000$116,000
Niki Lliadis$127,993$114,873———
Yolanda Lannquist—$110,604———
Yolanda Lannquist - Thru 1024$109,735————
Bell Arden$107,300————
Emily Gillett$105,350————
Cyrus Hodes————$30,288

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.

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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 15aYes

Programs and updates

Organizes events and produces research to advance its mission.

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Provided by the organization

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1 program · $623K · in their own filed words · FY2020
01

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.

$623Kprogram 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
Fathom Ai INCFY2024$20K
Total grants receivedfrom 2 funders$67K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$996K
Ln 12
Gifts and grantsLn 1h$895K
Fees for servicesLn 2g$56K
Other incomeLn 4–11$45K
Money outPt IX
$848K
Ln 25
Programscol B$623K
Managementcol C$123K
Fundraisingcol D$92K
Owns and owesPt X
$126K
net assets · Ln 32
Cash and savingsLn 1–2$174K
Total assetsLn 16$242K
LiabilitiesLn 26$61K
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$895K
Fees for servicesLn 2g$56K
Other incomeLn 4–11$45K
Total revenueLn 12$996K
Assets in detailPt X, end of year
CashLn 1$174K
Cash and savings togetherLn 1–2$174K
Total assetsLn 16$242K
LiabilitiesLn 26$61K
Net assetsLn 32$126K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
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 FY20End FY20
Cash and savingsLn 1–2$27K$174K
Total assetsLn 16$27K$194K
LiabilitiesLn 26$39K$61K
Net assetsLn 32−$12K$133K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$116K$39K$39K$39K
Other salaries and wagesLn 7$153K$73K$34K$45K
Payroll taxesLn 10$22K$9K$6K$7K
Other fees for servicesLn 11g$202K$201K$189
Advertising and promotionLn 12$15K$15K
Information technologyLn 14$15K$7K$9K
OccupancyLn 16$221$28$193
TravelLn 17$6K$4K$519$869
Conferences, conventions and meetingsLn 19$10K$8K$1K$375
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$297K$266K$31K$28
Total functional expensesLn 25$838K$623K$123K$92K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.4M$1.9M$1.5M$3.6M 990 PDF
FY2023 $2.2M$1.2M$980K$2.2M 990 PDF
FY2022 $2.1M$1.1M$1.0M$1.2M 990 PDF
FY2021 $755K$725K$30K$156K 990 PDF
FY2020 Viewing $996K$848K$149K$126K 990 PDF

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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 FY2020 990 (6 parts)
Part I · Summary $951,298 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $156,127$895,038
I-9 Program service revenuePrior year $313,199$56,260
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $469,326$951,298
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 $185,952$291,193
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $325,731$546,808
I-18 Total expensesPrior year $511,683$838,001
I-19 Revenue less expensesPrior year −$42,357$113,297
Part VI · Governance 4 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $951,298 across 4 lines filed
VIII-1f All other contributions, gifts and grants$895,038
VIII-1h Total contributions, gifts and grants$895,038
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $56,260$56,260
VIII-12 Total revenueRelated to mission $56,260 · Unrelated business $0 · Excluded from tax $0$951,298
Part IX · Statement of functional expenses $838,001 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $38,667 · Management $38,667 · Fundraising $38,666$116,000
IX-7 Other salaries and wagesPrograms $73,288 · Management $34,393 · Fundraising $45,078$152,759
IX-10 Payroll taxesPrograms $9,062 · Management $6,459 · Fundraising $6,913$22,434
IX-11g Other fees for servicesPrograms $201,337 · Management $189$201,526
IX-12 Advertising and promotionPrograms $15,051$15,051
IX-14 Information technologyPrograms $6,622 · Management $8,555$15,177
IX-16 OccupancyPrograms $28 · Management $193$221
IX-17 TravelPrograms $4,396 · Management $519 · Fundraising $869$5,784
IX-19 Conferences, conventions and meetingsPrograms $8,391 · Management $1,038 · Fundraising $375$9,804
IX-23 InsuranceManagement $1,958$1,958
IX-24 Other expenses (24a–d)Programs $265,855 · Management $31,404 · Fundraising $28$297,287
IX-25 Total functional expensesPrograms $622,697 · Management $123,375 · Fundraising $91,929$838,001
Part X · Balance sheet $194,111 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $27,330$174,104
X-4 Accounts receivable$18,829
X-9 Prepaid expenses and deferred charges$1,178
X-16 Total assetsStart of year $27,330$194,111
X-17 Accounts payable and accrued expensesStart of year $39,259$60,667
X-26 Total liabilitiesStart of year $39,259$60,667
X-27 Net assets without donor restrictionsStart of year −$11,929$133,444
X-32 Total net assets or fund balancesStart of year −$11,929$133,444
X-33 Total liabilities and net assetsStart of year $27,330$194,111
Part XI · Reconciliation of net assets $133,444 net assets at year end
XI-1 Total revenue$951,298
XI-2 Total expenses$838,001
XI-3 Revenue less expenses$113,297
XI-4 Net assets at start of year−$11,929
XI-9 Other changes in net assets$32,076
XI-10 Net assets at end of year$133,444

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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