INTERNATIONAL FOLK ART ALLIANCE INC

As filed

Subsection

03

NTEE code

A24

Classification

1200

Street

620 CERRILLOS RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• INTERNATIONAL FOLK ART MARKET: PRODUCING INTERNATIONAL FOLK ART MARKET AS A PROGRAMMATIC OUTCOME OF HIGHLY CURATED ARTIST SELECTION AND ENTREPRENEURISM EDUCATION. IN 2023, IFAA WAS ABLE TO RETURN TO NORMAL OPERATIONS, WITH VERY FEW HEALTH ORDER DRIVEN MODIFICATIONS. THE ORGANIZATION WAS STILL IN A FINANCIAL AND OPERATIONAL REBUILDING PHASE THOUGH. THE ORGANIZATION MOVED THE EVENT TO A NEW VENUE: RAILYARD PARK, A MORE CENTRALLY LOCATED VENUE.

  Expenses $2,150,708 · Revenue $1,137,238

• MENTOR TO MARKET (M2M): TRAINING PROGRAM THAT TEACHES ARTISTS CRITICAL MARKETING AND BUSINESS SKILLS TO HELP THEM IMPROVE THEIR SALES, THUS SUSTAINING THEIR TRADITIONS AND CREATING STRONGER ECONOMY FOR THEMSELVES AND THEIR COMMUNITIES. IN 2021, THESE TRAINING PROGRAMS CONTINUED ONLINE BUT RETURNED TO IN-PERSON TRAINING IN 2022. IN 2023, A NEW PILOT CURRICULUM WAS DEVELOPED AND TESTED WITH A SMALL NUMBER OF ARTISTS WITH A PLAN FOR A BROADER IMPLEMENTATION IN 2024/2025.

  Expenses $18,270

• FOLK ART MATTERS LECTURES: PROMOTING CULTURAL EXCHANGE BY PROVIDING THE GENERAL PUBLIC OPPORTUNITIES TO LEARN ABOUT INTERNATIONAL FOLK ART AS A TRANSMISSION OF METHODS, MATERIALS AND TECHNIQUES PASSED ON THROUGH GENERATIONS. IFAA RETURNED TO A MORE ROBUST SCHEDULE OF LECTURES AND WORKSHOPS IN 2023. LECTURES WERE FREE TO THE PUBLIC AND A SMALL MATERIALS FEE WAS CHARGED FOR WORKSHOPS.

  Expenses $4,192 · Revenue $3,167

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $3,009,886

  Expenses

  $2,864,468

  Contributions

  $1,722,603

  Grants paid

  $0

• 2023

  Revenue

  $2,406,701

  Expenses

  $2,362,088

  Contributions

  $1,179,117

  Grants paid

  $0

• 2022

  Revenue

  $3,982,562

  Expenses

  $2,183,465

  Contributions

  $2,951,725

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,369,984

  Expenses

  $1,665,559

  Assets (EOY)

  $6,076,906

• 2020 · 990

  Revenue

  $2,074,127

  Expenses

  $1,221,678

  Assets (EOY)

  $5,340,983

• 2019 · 990

  Revenue

  $3,905,488

  Expenses

  $3,184,245

  Assets (EOY)

  $4,267,375

• 2016 · 990

  Revenue

  $3,399,718

  Expenses

  $3,349,957

  Assets (EOY)

  $3,652,788

• 2015 · 990

  Revenue

  $2,764,779

  Expenses

  $2,985,836

  Assets (EOY)

  $3,163,462

• 2014 · 990

  Revenue

  $2,544,564

  Expenses

  $3,237,351

  Assets (EOY)

  $3,405,038

• 2013 · 990

  Revenue

  $2,447,985

  Expenses

  $2,821,089

  Assets (EOY)

  $3,800,044

• 2011 · 990

  Revenue

  — not reported

  Expenses

  $2,343,057

  Assets (EOY)

  $4,016,733

• 2010 · 990

  Revenue

  — not reported

  Expenses

  $2,028,520

  Assets (EOY)

  $2,325,980

• 2009 · 990

  Revenue

  — not reported

  Expenses

  $1,769,039

  Assets (EOY)

  $910,307

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• DONOR ADVISED CHARITABLE GIVING

  $43,850

  2024 · ARTS, CULTURE & HUMANITIES

• DONOR ADVISED CHARITABLE GIVING

  $33,500

  2022 · ARTS, CULTURE & HUMANITIES

• DONOR ADVISED CHARITABLE GIVING

  $27,750

  2023 · ARTS, CULTURE & HUMANITIES

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $23,750

  2024 · For grant recipient's exempt purposes

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $18,000

  2023 · FOR RECIPIENT'S EXEMPT PURPOSE

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $13,600

  2023 · For grant recipient's exempt purposes

• SANTA FE COMMUNITY FOUNDATION

  $12,750

  2022 · GENERAL OPERATING SUPPORT

• AMERICAN ENDOWMENT FOUNDATION

  $11,200

  2024 · ARTS, CULTURE

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $11,000

  2022 · FOR RECIPIENT'S EXEMPT PURPOSE

• INTERNATIONAL FOLK ART FOUNDATION

  $10,000

  2022 · ARTIST SUPPORT FOR THE 2023 FOLK ART MARKET IN SANTA FE.

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files