Public Charity

INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM

INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM, of SANTA FE, NM, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.0M in revenue, $2.9M in expenses, $8.1M in total assets. 48 publicly reported grants to this organization, totaling roughly $927K, appear in IRS filings.

EIN: 352285824 SANTA FE, NM Folk Arts NTEE: A24 Latest filing: 2024
Total Revenue$3.0M
Total Expenses$2.9M
Total Assets$8.1M
Grant Records48
Funding Total$927K
Filing Years2019–2024

Mission

CREATE ECONOMIC OPPORTUNITIES FOR AND WITH FOLK ARTISTS WORLDWIDE WHO CELEBRATE AND PRESERVE FOLK ART TRADITIONS. WE ENVISION A WORLD THAT VALUES THE DIGNITY AND HUMANITY OF THE HANDMADE, HONORS TIMELESS CULTURAL TRADITIONS, AND SUPPORTS THE WORK OF FOLK ARTISTS SERVING AS ENTREPRENEURS AND CATALYSTS FOR POSITIVE SOCIAL CHANGE. TO AUGMENT THIS PURSUIT, THE ORGANIZATION MOVED TO A LARGER HEADQUARTERS, INVESTING IN TENANT IMPROVEMENTS AS THE FIRST PHASE OF A CAMPAIGN TO OWN THE BUILDING OUTRIGHT.

Where $100 goes at International Folk Art Alliance Inc DBA Ifam

How International Folk Art Alliance Inc DBA Ifam divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$78 Programs the work itself
$9 Management running the organization
$13 Fundraising raising the next dollar

Inside the $78 for programs

$77
International folk art market
99% of program spending
$1
Mentor to market (m2m)
1% of program spending
<$1
Folk art matters lectures
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
ARTS, CULTURE & HUMANITIES
$43,850
2024
For grant recipient's exempt purposes
$23,750
2024
FOR RECIPIENT'S EXEMPT PURPOSE
$15,000
2024
ARTS, CULTURE
$11,200
2024
ARTIST SUPPORT FOR THE 2025 FOLK ART MARKET IN SANTA FE.
$10,000

Showing up to 5 of 48 total records — full history available with membership.

Officers & Directors

DIRECTOR Amanda Alexander
DIRECTOR Anne Chognard
DIRECTOR Antonio Lopez
DIRECTOR Ardith Eicher
DIRECTOR Betty Hudson
DIRECTOR Bonnie Bennett

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$524,825 27 grants
Arts & Culture
$387,550 20 grants
Fundraising & Sponsorship
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.0M $2.9M $8.1M
2023 $2.4M $2.4M $7.8M
2022 $4.0M $2.2M $7.5M
2020 $2.1M $1.2M $5.3M
2019 $3.9M $3.2M $4.3M

Between 2019 and 2024, reported annual revenue declined from $3.9M to $3.0M (-23%), with total assets most recently reported at $8.1M.

Interactive year-over-year charts and full filing details available with membership.

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