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Future of Life Institute

Narberth, PA · EIN 47-1052538 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Future of Life Institute reported $21.3 million in revenue and $17.4 million in expenses for calendar year 2024. Of every $100 it spent, $91.07 went to program services, $8.93 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.4% of the total. The highest compensation it reported for one person was $513,622 (EXECUTIVE DIRECTOR/BOARD SECRETARY). 12 people received more than $100,000 in reportable compensation. Revenue rose 793% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17M

For context, the median across 192 covered science & technology charities: $84.33 programs, $15.67 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $21M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 192 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.1%83.2%
Management & general
Part IX 25(C) ÷ 25(A)
8.9%15.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.4%51.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.2%
Program service revenue share
Part VIII 2g ÷ 12
0.0%19.2%
Highest reported compensation
Part VII-A, columns D–F
$513,622$513,729
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.95%1.72%
People paid over $100,000
Part VII, line 2
1227
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.514.7
Independent voting board members
Part VI 1a–1b
2 of 594.3%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$8.9M expenses · 55.9% of program spending · grants $7.5M

Grantmaking and prizes in support of mitigating risks and increasing benefits of transformative technologies

$3.9M expenses · 24.9% of program spending

Scientific and technical education and outreach activities via website(s) and media creation

$3.0M expenses · 19.2% of program spending

Research, outreach and advocacy regarding policy on risks and benefits of transformative technologies

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR/BOARD SECRETARY
Director/trustee, officer, 38.00 hrs/week
$474,839$0$38,783$513,622
PRESIDENT
Director/trustee, officer, 16.00 hrs/week
$0$457,840$0$457,840
DIRECTOR, FUTURES PROGRAM
Highest compensated employee, 40.00 hrs/week
$260,134$0$12,038$272,172
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$222,253$0$14,656$236,909
DIRECTOR OF POLICY
Highest compensated employee, 40.00 hrs/week
$182,853$0$20,773$203,626
DIRECTOR OF US POLICY
Highest compensated employee, 40.00 hrs/week
$186,436$0$16,353$202,789
DIRECTOR OF COMMUNICATIONS
Highest compensated employee, 40.00 hrs/week
$201,500$0$0$201,500

12 people received more than $100,000 in reportable compensation from Future of Life Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $514K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
−$86M$114M$314M$514M$714M201920202021202220232024$21M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$21M$17M91.1%$5.1M$513,622
2023 ⓘ$4.7M$16M93.8%$1.2M$493,589
2022 ⓘ−$86M$379M99.7%$12M$466,421
2021 ⓘ$550M$16M97.0%$537M$124,136
2020 ⓘ$482K$469K100.0%$2.4M—
2019 ⓘ$2.4M$1.3M100.0%$2.3M—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 2 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 529
  • Volunteers Part I, line 62

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
MITHRIL SECURITY
Compute security r&d
$1,452,708
BRYSON GILLETTE LLC
Communications services
$1,124,927
DENTONS US LLP
Strategic and lobbying consulting
$439,130
WORLDVIEW STUDIO
Design and multimedia production
$425,750
TRIANGULAR GROUP INTELLIGENCE
Programatic consulting
$367,903

Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Future of Life Institute totaling $2,899 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Future of Life Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Future of Life Institute, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All science & technology charities · Largest charities in Pennsylvania

Questions people ask

How much of Future of Life Institute's spending goes to programs?

In calendar year 2024, Future of Life Institute reported that 91.1% of its $17.4 million in expenses went to program services, 8.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Future of Life Institute pay its top executive?

The largest total compensation Future of Life Institute reported for one person in calendar year 2024 was $513,622, for the role of EXECUTIVE DIRECTOR/BOARD SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Future of Life Institute get its money?

Of $21.3 million in revenue in calendar year 2024, 99.4% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Future of Life Institute a registered charity?

The IRS lists EIN 47-1052538 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523119349303667 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202521139349301937 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202510309349301606 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202400669349300240 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123199349312107 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043219349312049 · read the filing

All filings for EIN 47-1052538: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.