Positive Futures Network

Analysis

Positive Futures Network is a registered charity in United States, based in Poulsbo, WA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Positive Futures Network reported income of $3.0m and spending of $3.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $3.0m (-1.1%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Positive Futures Network sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Arts Center Association Inc ($3.0m), Stranahan Theater Trust ($3.0m) and Its My Community Initiative ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $520k (16% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.4m against liabilities of $279k, net assets of $2.1m. It reported 24 employees.