Since 2011 Tulevik has once again become an independent club and was relegated to the II liiga, while FC Viljandi replaced Tulevik in the Meistriliiga. Tulevik finished the 2014 Esiliiga season in 5th place and defeated Lokomotiv 1–1 on aggregate on away goal in the promotion play-offs, thus earning promotion to the Meistriliiga. Tulevik's stay in the top division proved short-lived, as the club finished the 2015 season in last place and was relegated. The club won the 2016 Esiliiga, and were once again promoted to the Meistriliiga. In 2017 Tulevik finished on 9th place and was to play relegation matches, but as Estonian Football Association excluded Sillamäe Kalev from Meistriliiga due to consistent violation of licensing regulations and thus dropped Kalev to the bottom of the 2017 final league table, Tulevik finished the season on 8th place and remained in the top flight for the 2018 season without having to play relegation matches.
The club's home ground is the Viljandi linnastaadion, which has the capacity on 1006 spectators. The stadium also features full-size athletics tracks. The stadium is located at Ranna puiestee 1, Viljandi and the stadium main building is also the location of club's main office.