INSTITUTE FOR THE FUTURE

EIN: 952540449 501(c)(3) Education

PALO ALTO, CA

Total Revenue
$8,909,808
Total Expenses
$9,432,307
Total Assets
$5,292,121
Net Assets
$1,553,677
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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
CA
Principal Officer
MARINA GORBIS
Phone
6508546322
Tax Period
2024-01-01 to 2024-12-31

INSTITUTE FOR THE FUTURE, founded in 1968, is a community nonprofit in the Education sector that reported $8.9M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

INSTITUTE FOR THE FUTURE IS THE WORLD'S LEADING FUTURES ORGANIZATION. OUR MISSION IS TO PREPARE THE WORLD TO CREATE BETTER, MORE EQUITABLE FUTURES BY DISRUPTING SHORT-TERM THINKING WITH VISIONS OF TRANSFORMATIVE POSSIBILITIES.

Program Service Accomplishments

Program 1
Expenses: $4,690,401 Revenue: $5,617,783

STRATEGIC ADVISORY (INCLUDING RESEARCH INITIATIVES, SPEECHES AND WORKSHOPS): FOR MORE THAN 50 YEARS, IFTF HAS CONDUCTED INDEPENDENT FUTURES RESEARCH, DESIGNED TO CREATE FORESIGHT THEN LEADS TO...

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STRATEGIC ADVISORY (INCLUDING RESEARCH INITIATIVES, SPEECHES AND WORKSHOPS): FOR MORE THAN 50 YEARS, IFTF HAS CONDUCTED INDEPENDENT FUTURES RESEARCH, DESIGNED TO CREATE FORESIGHT THEN LEADS TO INSIGHT AND ULTIMATELY TO FUTURE-SMART ACTION. THIS WORK IS ORGANIZED ACROSS A CORE SET OF RESEARCH AGENDAS AND INTERCONNECTED LABS THAT, TOGETHER, BUILD BROAD SCANS OF THE FUTURE LANDSCAPE AND LEAD DEEP DIVES INTO URGENT FUTURES.

Program 2
Expenses: $2,443,168 Revenue: $2,403,001

FORESIGHT ESSENTIALS: IFTF'S PORTFOLIO OF FORESIGHT TRAININGS ARE BUILT ON OVER 50 YEARS OF IFTF FUTURES METHODOLOGIES AND TOOLS. COURSES AND CUSTOM ENTERPRISE TRAININGS ARE DESIGNED TO HELP...

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FORESIGHT ESSENTIALS: IFTF'S PORTFOLIO OF FORESIGHT TRAININGS ARE BUILT ON OVER 50 YEARS OF IFTF FUTURES METHODOLOGIES AND TOOLS. COURSES AND CUSTOM ENTERPRISE TRAININGS ARE DESIGNED TO HELP INDIVIDUALS AND ORGANIZATIONS GROW THEIR SKILLS IN THE ART AND SCIENCE OF FORESIGHT. ALUMNI ALSO JOIN A VIBRANT COMMUNITY AND NETWORK OF PRACTITIONERS WHO CAN ADVANCE FUTURES THINKING IN ALL KINDS OF ORGANIZATIONS AND COMMUNITIES AROUND THE GLOBE.

Program 3
Expenses: $786,625 Revenue: $795,804

VANTAGE: FOR NEARLY FOUR DECADES, THE VANTAGE PROGRAM HAS BEEN A LEADING SOURCE OF FORESIGHT FOR BUSINESS, GOVERNMENT AND NONPROFITS. IT'S A PLATFORM FOR SENSING TODAY'S LATENT SIGNALS, TRACKING...

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VANTAGE: FOR NEARLY FOUR DECADES, THE VANTAGE PROGRAM HAS BEEN A LEADING SOURCE OF FORESIGHT FOR BUSINESS, GOVERNMENT AND NONPROFITS. IT'S A PLATFORM FOR SENSING TODAY'S LATENT SIGNALS, TRACKING THEIR INTERSECTIONS TO UNDERSTAND THE ECOSYSTEM OF CHOICES, AND DESIGNING PLATFORMS FOR FUTURE RESILIENCE. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROJECTS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES ARE RESEARCH INTO NEW AREAS OF STUDY. THE VANTAGE PROGRAM SERVED APPROXIMATELY 20 PARTNERS, HOSTED AN ANNUAL CONFERENCE, AND PROVIDED A DIVERSE ARRAY OF FORESIGHT DELIVERABLES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,805
Program Service Revenue $8,816,285
Investment Income $5,415
Other Revenue $68,303
TOTAL REVENUE $8,909,808

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,979,072
Fundraising Expenses $21,958
Program Expenses $8,414,028
Other Expenses $3,453,235
TOTAL EXPENSES $9,432,307

Year-over-Year Comparison

2024 2023 Change
Revenue $8,909,808 $9,475,450 -0.1%
Expenses $9,432,307 $11,411,584 -0.2%
Net Income $-522,499 $-1,936,134 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
6
Employees
35
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$1,484,198
Total Directors
9
$844,449
Key Employees
1
$262,987
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARINA GORBIS EXECUTIVE DIRECTOR 40.00
Officer Director
$218,930 $59,117 $278,047
JEAN HAGAN EXECUTIVE PRODUCER 40.00
Officer Director
$226,970 $71,513 $298,483
LYN JEFFERY RESEARCH DIRECTOR 40.00
Officer Director
$230,821 $37,098 $267,919
STEVE MILOVICH BOARD CHAIR 1.30
Officer Director
$0 $0 $0
BERIT ASHLA INDEPENDENT TRUSTEE 1.30
Director
$0 $0 $0
KAREN EDWARDS INDEPENDENT TRUSTEE 1.30
Director
$0 $0 $0
MARIANNE JACKSON INDEPENDENT TRUSTEE 1.30
Director
$0 $0 $0
LAWRENCE WILKINSON INDEPENDENT TRUSTEE 1.30
Director
$0 $0 $0
ART TAYLOR INDEPENDENT TRUSTEE 1.30
Director
$0 $0 $0
RODRIGO FALCON RESEARCH DIRECTOR 40.00
Officer
$228,593 $37,619 $266,212
DYLAN HENDRICKS RESEARCH DIRECTOR 40.00
Officer
$156,694 $19,333 $176,027
KATIE FULLER DIRECTOR OF FINANCE & ADMINISTRATION 40.00
Officer
$153,824 $43,686 $197,510
RACHEL HATCH CHIEF OPERATING OFFICER 40.00
Key Emp
$204,955 $58,032 $262,987
ROBERT JOHANSEN DISTINGUISHED FELLOW 40.00
Highest
$190,551 $52,475 $243,026
JANE MCGONIGAL RESEARCH DIRECTOR 40.00
Highest
$171,501 $41,978 $213,479
TOSHI HOO RESEARCH DIRECTOR 40.00
Highest
$158,070 $34,731 $192,801
RACHEL MAGUIRE RESEARCH DIRECTOR 40.00
Highest
$150,173 $32,293 $182,466
JAKE DUNAGAN RESEARCH DIRECTOR 40.00
Highest
$148,686 $54,373 $203,059
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $8,909,808 $9,432,307 $5,292,121 $-522,499
2023 $9,475,450 $11,411,584 $5,244,875 $-1,936,134
2022 $13,331,270 $12,764,903 $8,524,539 $566,367
2021 $14,239,917 $11,218,774 $9,175,990 $3,021,143
2020 $9,253,788 $11,150,818 $4,385,199 $-1,897,030
2019 $13,400,553 $13,357,110 $5,419,071 $43,443
2019 $13,400,553 $13,357,109 $5,374,719 $43,444
2018 $13,915,306 $13,751,088 $5,200,486 $164,218
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