Yes, FUTURISMS is a Scrabble word!

Letter values in Scrabble US: F 4, U 1, T 1, U 1, R 1, I 1, S 1, M 3, S 1.

Is it a valid word?

FUTURISMS is a valid word in the official Scrabble dictionary (US), the UK Scrabble Dictionary and Words with Friends (ENABLE).

an artistic movement in Italy around 1910 that tried to express the energy and values of the machine age
the position that the meaning of life should be sought in the future