Skip to content

California · Nonprofit

INSTITUTE FOR THE FUTURE

INSTITUTE FOR THE FUTURE (California) receives grants from 27 organizations whose IRS filings report $8,796,243 to it, the largest being WK Kellogg Foundation ($2,000,000). 17 of them have funded it in more than one year.

Revenue FY2024
$8.9M
Funders on record
27
Grants received
$8.8M
Net assets
$1.6M
17/27 repeat funderspeak grant-dependency 14%
01What it does

What Institute for the Future does

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.

As stated on its FY2024 Form 990.

Programs

  1. 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.

    $4,690,401 spent$5,617,783 earned by the program
    56% of program spending
  2. 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.

    $2,443,168 spent$2,403,001 earned by the program
    29% of program spending
  3. 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.

    $786,625 spent$795,804 earned by the program
    9% of program spending
  4. Grant funding: iftf works with philanthropic organizations for a range of civic and public-oriented foresight work that are aligned with our public mission, both for research studies and foresight education.

    $493,834 spent$68,000 earned by the program
    6% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $8,414,028.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($11M) Expenses 100 ($11M) Net assets 100 ($2.1M)2018 Revenue 124 ($14M) Expenses 123 ($14M) Net assets 108 ($2.3M)2019 Revenue 119 ($13M) Expenses 119 ($13M) Net assets 110 ($2.3M)2020 Revenue 82 ($9.3M) Expenses 100 ($11M) Net assets 20 ($425k)2021 Revenue 127 ($14M) Expenses 100 ($11M) Net assets 163 ($3.4M)2022 Revenue 119 ($13M) Expenses 114 ($13M) Net assets 190 ($4.0M)2023 Revenue 84 ($9.5M) Expenses 102 ($11M) Net assets 98 ($2.1M)2024 Revenue 79 ($8.9M) Expenses 84 ($9.4M) Net assets 73 ($1.6M)
'17'18'19'20'21'22'23'24
Revenue (79)Expenses (84)Net assets (73)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $4.4M to $9.2M (+109%).

$4.7M
$5.2M
$5.4M
$4.4M
$9.2M
$8.5M
$5.2M
$5.3M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 16%. Grants only. Government contracts and fees sit inside program revenue.

0% of INSTITUTE FOR THE FUTURE’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$60k
’17
$164k
’18
$43k
’19
−$1.9M
’20
$3.0M
’21
$566k
’22
−$1.9M
’23
−$522k
’24
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Marina Gorbis

Executive director

Board chair

Steve Milovich

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1819181919191918
Joined·+3+1+2+2+2+1+3
No longer listed·2212214
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 7 funders, grant income rose $7k → $585k.

9 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of INSTITUTE FOR THE FUTURE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INSTITUTE FOR THE FUTURE has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

23%
largest funder
52%
top three
~8
effective funders

Largest funder’s share by year: 2017 100% · 2018 30% · 2019 67% · 2020 34% · 2021 28% · 2022 36% · 2023 60% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

28% of INSTITUTE FOR THE FUTURE's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

INSTITUTE FOR THE FUTURE draws 56% of its grant income from funders outside California, across 8 states in all.

MI
NY
IN
NJ
CA
MD
DC
TX

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $429k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INSTITUTE FOR THE FUTURE's funding base is broadening — from 1 funders to 7 as grant income climbed.

Operating margin−6% · bottom quartile
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Government funding INSTITUTE FOR THE FUTURE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $34k on record.

Federal$34k
grants $0contracts $34k
17
23
Top agencies
  • Department of Health and Human Services$30k
  • Agency for International Development$4k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like INSTITUTE FOR THE FUTURE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

9
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for INSTITUTE FOR THE FUTURE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INSTITUTE FOR THE FUTURE?
INSTITUTE FOR THE FUTURE (California) receives grants from 27 organizations whose IRS filings report $8,796,243 to it, the largest being WK Kellogg Foundation ($2,000,000). 17 of them have funded it in more than one year.
How many funders does INSTITUTE FOR THE FUTURE have?
IRS filings report 27 organizations giving $8,796,243 in grants to INSTITUTE FOR THE FUTURE, 17 of which have funded it in more than one year.
Who is the largest funder of INSTITUTE FOR THE FUTURE?
WK Kellogg Foundation is the largest funder on record, with $2,000,000 in grants. The full list of funders is on this page.
How can an organization like INSTITUTE FOR THE FUTURE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Institute for the Future →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 27 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing