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. 46 publicly reported grants to this organization, totaling roughly $902K, appear in IRS filings.

EIN: 352285824 SANTA FE, NM Latest filing: 2024
Total Revenue$3.0M
Total Expenses$2.9M
Total Assets$8.1M
Grant Records46
Funding Total$902K
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.

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

ARTS, CULTURE & HUMANITIES
$228,350 8 grants
For grant recipient's exempt purposes
$175,775 9 grants
GENERAL SUPPORT
$155,000 2 grants
GENERAL OPERATING SUPPORT
$100,650 7 grants
SUPPORT AN ARTIST OR CO-OP BY PAYING THEIR TRAVEL EXPENSES TO ATTEND THE FOLK ART MARKET.
$50,000 5 grants

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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