Providing nonpartisan education to voters and legislators about the importance of democratic principles

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$375K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $6.2M a year · 56% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$375K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
32 mo
of spending, in cash
Looks good: 32.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $14.7M
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$853K
4% of total assets
Looks good: liabilities are 4% 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
$15.3M
+38% vs prior year
Spent
$7.4M
To programs
92%
Net assets
$18.9M
By yearFY2023–FY2025
Revenue
$15.3M
FY2025▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2023$6.5M
FY2024$11.0M
FY2025$15.3M
Expenses
$7.4M
FY2025▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2023$1.1M
FY2024$6.0M
FY2025$7.4M
Net assets
$18.9M
FY2025▲ +79%
Tap a bar for its year
Net assets by fiscal year
FY2023$5.5M
FY2024$10.6M
FY2025$18.9M

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2022.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $6.8M Management & general 3% · $201K Fundraising 5% · $362K

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

8 people listed on the 990; $375K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Vice President
$205,151Pt VII · Sec A
$120,000Pt VII · Sec A
Secretary and Treasurer
$50,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director Until 3/9/2026
$0Pt VII · Sec A
Director as of 3/9/2026
$0Pt VII · Sec A
$0Pt VII · Sec A

Marguerite Jimenez’s $205K as Vice President is at the 36th percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking 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 · 3 named individuals · Part VII

NameFY2025FY2024
Marguerite Jimenez$205,151—
Daniel Squadron$120,000$120,000
Lauren Ellis$50,000$60,000

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 Now Institute executive salaries →

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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

Educates voters and legislators on democratic principles.

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Provided by the organization

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1 program · $6.8M · in their own filed words · FY2024
01

Provided nonpartisan education to voters and legislators about the importance of democractic principles

$6.8Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 7 grants · $9.9M · 2022–2024
Future Now ActionDC · FY2024$4,100,000
Future Now ActionDC · FY2023$5,200,000
Beacon MediaNC · FY2023$20,000
Partners in Democracy INCMA · FY2023$20,000
Michigan Future INCMI · FY2023$20,000
Global ImpactDC · FY2023$10,000
Future Now ActionDC · FY2022$500,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$15.3M
Ln 12
Gifts and grantsLn 1h$14.7M
Investment incomeLn 3$600K
Money outPt IX
$7.4M
Ln 25
Programscol B$6.8M
Managementcol C$201K
Fundraisingcol D$362K
Owns and owesPt X
$18.9M
net assets · Ln 32
Cash and savingsLn 1–2$19.7M
Total assetsLn 16$19.7M
LiabilitiesLn 26$853K
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14.7M
Noncash giftsLn 1g$2.0M
Investment incomeLn 3$600K
Gains on assetsLn 7−$8K
Total revenueLn 12$15.3M
Assets in detailPt X, end of year
CashLn 1$251K
SavingsLn 2$19.5M
Cash and savings togetherLn 1–2$19.7M
Total assetsLn 16$19.7M
LiabilitiesLn 26$853K
Net assetsLn 32$18.9M
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderSeptember
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 FY25End FY25
Cash and savingsLn 1–2$10.6M$19.7M
Total assetsLn 16$10.6M$19.7M
LiabilitiesLn 26$25K$853K
Net assetsLn 32$10.6M$18.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4.1M$4.1M
Pay of current officers, directors and key staffLn 5$279K$252K$27K
Other salaries and wagesLn 7$565K$430K$58K$77K
Pension plan contributionsLn 8$19K$14K$2K$3K
Other employee benefitsLn 9$39K$31K$3K$6K
Payroll taxesLn 10$61K$48K$4K$8K
Legal feesLn 11b$70K$12K$59K
Accounting feesLn 11c$52K$52K
Professional fundraising feesLn 11e$216K$216K
Other fees for servicesLn 11g$1.1M$1.1M$11K$8K
Advertising and promotionLn 12$78K$78K$29$35
Office expensesLn 13$7K$5K$981$1K
Information technologyLn 14$12K$7K$2K$2K
OccupancyLn 16$4K$3K$759$890
TravelLn 17$69K$62K$2K$4K
Conferences, conventions and meetingsLn 19$595K$591K$2K$2K
InsuranceLn 23$40K$35K$201$4K
Other expenses (24a–d)Ln 24$44K$38K$4K$2K
Total functional expensesLn 25$7.4M$6.8M$201K$362K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $15.3M$7.4M$7.9M$18.9M 990 PDF
FY2024 $11.0M$6.0M$5.1M$10.6M 990 PDF
FY2023 $6.5M$1.1M$5.5M$5.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $15,296,894 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,766,025$14,696,450
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $279,239$600,444
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $11,045,264$15,296,894
I-13 Grants and similar amounts paidPrior year $5,270,000$4,100,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $323,096$962,743
I-16a Professional fundraising feesPrior year $52,762$215,751
I-17 Other expensesPrior year $305,799$2,076,427
I-18 Total expensesPrior year $5,951,657$7,355,421
I-19 Revenue less expensesPrior year $5,093,607$7,941,473
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 $15,296,894 across 6 lines filed
VIII-1f All other contributions, gifts and grants$14,696,450
VIII-1g Noncash contributions (included above)$2,015,532
VIII-1h Total contributions, gifts and grants$14,696,450
VIII-3 Investment incomeExcluded from tax $608,515$608,515
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$8,071−$8,071
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $600,444$15,296,894
Part IX · Statement of functional expenses $7,355,421 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $4,100,500$4,100,500
IX-5 Pay of current officers, directors and key staffPrograms $251,979 · Fundraising $26,666$278,645
IX-7 Other salaries and wagesPrograms $430,425 · Management $57,902 · Fundraising $76,961$565,288
IX-8 Pension plan contributionsPrograms $14,073 · Management $1,980 · Fundraising $3,100$19,153
IX-9 Other employee benefitsPrograms $30,757 · Management $2,767 · Fundraising $5,534$39,058
IX-10 Payroll taxesPrograms $48,479 · Management $3,881 · Fundraising $8,239$60,599
IX-11b Legal feesPrograms $11,868 · Management $58,509$70,377
IX-11c Accounting feesManagement $52,282$52,282
IX-11e Professional fundraising feesFundraising $215,751$215,751
IX-11g Other fees for servicesPrograms $1,085,014 · Management $11,486 · Fundraising $8,286$1,104,786
IX-12 Advertising and promotionPrograms $77,611 · Management $29 · Fundraising $35$77,675
IX-13 Office expensesPrograms $4,923 · Management $981 · Fundraising $1,155$7,059
IX-14 Information technologyPrograms $7,388 · Management $2,135 · Fundraising $2,464$11,987
IX-16 OccupancyPrograms $2,604 · Management $759 · Fundraising $890$4,253
IX-17 TravelPrograms $62,427 · Management $2,110 · Fundraising $4,482$69,019
IX-19 Conferences, conventions and meetingsPrograms $590,973 · Management $2,000 · Fundraising $2,372$595,345
IX-23 InsurancePrograms $35,384 · Management $201 · Fundraising $3,921$39,506
IX-24 Other expenses (24a–d)Programs $38,190 · Management $3,634 · Fundraising $2,314$44,138
IX-25 Total functional expensesPrograms $6,792,595 · Management $200,656 · Fundraising $362,170$7,355,421
Part X · Balance sheet $19,725,705 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $252,275$250,511
X-2 Savings and temporary cash investmentsStart of year $10,329,192$19,466,064
X-9 Prepaid expenses and deferred charges$9,130
X-16 Total assetsStart of year $10,581,467$19,725,705
X-17 Accounts payable and accrued expensesStart of year $25,082$852,847
X-26 Total liabilitiesStart of year $25,082$852,847
X-27 Net assets without donor restrictionsStart of year $10,556,385$18,647,679
X-28 Net assets with donor restrictions$225,179
X-32 Total net assets or fund balancesStart of year $10,556,385$18,872,858
X-33 Total liabilities and net assetsStart of year $10,581,467$19,725,705
Part XI · Reconciliation of net assets $18,872,858 net assets at year end
XI-1 Total revenue$15,296,894
XI-2 Total expenses$7,355,421
XI-3 Revenue less expenses$7,941,473
XI-4 Net assets at start of year$10,556,385
XI-8 Prior period adjustments$375,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$18,872,858

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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