Overview
What is International Folk Art Alliance Inc?
International Folk Art Alliance Inc, commonly known as IFAM, is a nonprofit organization based in Santa Fe, New Mexico. Their mission is to foster economic opportunities for and with folk artists worldwide, preserving and celebrating traditional art forms. The organization envisions a world that values handmade crafts and cultural traditions, supporting the role of folk artists as entrepreneurs and agents of social change. In 2021, they returned to their annual event, making necessary modifications due to health orders. By 2022, IFAM operated more normally with fewer health-related adjustments. As part of their goals, IFAM acquired its headquarters building and made tenant improvements, marking the first step in a campaign to fully own the property.
Official website here: www.folkartmarket.org
What do the Facebook reviews say about International Folk Art Alliance Inc?
88% of 435 reviewers on Facebook recommend the International Folk Art Alliance Inc. Their feedback reveals a strong appreciation for the organization’s mission and the quality of the art showcased. Many highlight the outstanding craftsmanship and the unique cultural narratives represented through the art.
While some comments mention a positive experience, there are also voices expressing disappointment, particularly regarding certain aspects that did not meet their expectations. However, the overall sentiment tends to lean towards enthusiasm, with many valuing the opportunity to connect with artists from diverse backgrounds.
In summary, the nonprofit successfully fosters an appreciation for folk art while facilitating memorable interactions between artists and visitors, contributing positively to the cultural landscape.
This AI summary has been generated from reviews found on Facebook.
Is International Folk Art Alliance Inc legitimate?
International Folk Art Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Folk Art Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $172,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,975
For more financial information, click here
Official website here: www.folkartmarket.org
What is the mission statement of International Folk Art Alliance Inc?
The International Folk Art Alliance Inc Dba Ifam aims to create economic opportunities for and with folk artists worldwide. These artists celebrate and preserve traditional folk art. The organization envisions a world that values the dignity and humanity of handmade items, honors timeless cultural traditions, and supports the work of these artists as entrepreneurs and agents of positive social change. To further this mission, the organization moved to a larger headquarters, investing in tenant improvements as the first phase of a campaign to own the building outright.
Official website here: www.folkartmarket.org
Who is the CEO of International Folk Art Alliance Inc?
Francis Coleman is the Chair of International Folk Art Alliance Inc. The CEO's salary of International Folk Art Alliance Inc is $160,000 and their total compensation is $172,731.
Official website here: www.folkartmarket.org
What is the revenue of International Folk Art Alliance Inc?
International Folk Art Alliance Inc's revenue in 2022 was $3,982,562.
Official website here: www.folkartmarket.org
Who are the executives of International Folk Art Alliance Inc and what are their salaries?
The average compensation at International Folk Art Alliance Inc during 2022 was $50,771. There are 10 employees and 1200 volunteers at International Folk Art Alliance Inc.
Here are 31 key members and their salaries (International Folk Art Alliance Inc's CEO's salary is $160,000 and their total compensation is $172,731):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $160,000
- Related: $0
- Other: $12,731
Official website here: www.folkartmarket.org
Where can I find the form 990 for International Folk Art Alliance Inc?
International Folk Art Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.folkartmarket.org
Learn more at the official website: www.folkartmarket.org
Mission Statement of International Folk Art Alliance Inc
International Folk Art Alliance Inc Dba Ifam is dedicated to creating economic opportunities for and with folk artists worldwide. This organization is committed to celebrating and preserving folk art traditions, envisioning a world that values the dignity and humanity of the handmade. They aim to honor timeless cultural traditions and support the work of folk artists, who serve as entrepreneurs and catalysts for positive social change. To further their mission, International Folk Art Alliance Inc Dba Ifam invested in tenant improvements when they moved to a larger headquarters, marking the first phase of a campaign to own the building outright. By doing so, the organization aims to strengthen its position as a supporter and advocate for folk artists worldwide.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
International Folk Art Alliance Inc significantly impacts the global community by empowering folk artists and promoting the value of handmade art. By creating economic opportunities for artists, the organization supports the preservation of traditional folk art, ensuring that timeless cultural practices continue to thrive. Their approach nurtures entrepreneurship among artists, enabling them to act as catalysts for positive social change within their communities.
One of the key initiatives is the International Folk Art Market, which facilitates direct sales and curated showcases for artists from various backgrounds. This marketplace not only provides artists with a platform to reach a broader audience but also fosters cultural exchange and appreciation. The return of this annual event after disruptions due to health concerns demonstrates resilience and commitment to supporting artists while adapting to new circumstances.
Investments in infrastructure, such as moving to a larger headquarters, further enhance their capacity to serve artists. By improving facilities, the organization lays the groundwork for future stability and growth, aiming to own the building outright, which underscores their long-term vision for sustainability.
Overall, International Folk Art Alliance Inc plays a crucial role in uplifting folk artists, preserving cultural heritage, and fostering a global appreciation for the dignity of handmade crafts.
This information is meant to be a general summary of International Folk Art Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37,889
- Program Service Revenue: $976,919
- Gross Receipts: $4,035,502
Assets and Liabilities:
- Total Assets: $7,523,511
- Total Liabilities: $136,503
- Net Assets: $7,387,008
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HANDLING FEE
Revenue
$565,533
TICKET SALES
Revenue
$251,626
BOOTH REVENUE
Revenue
$159,760
Organization Details
Founding Year
2006
Phone
(505) 992-7600Principal Officer
Francis Coleman
Main Address
620 CERRILLOS ROAD, SANTA FE, NM, 87505
Website
www.folkartmarket.orgNTEE Category
Code: A24 - Arts
If you are a representative of International Folk Art Alliance Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.