Overview
What is International Folk Art Foundation?
The International Folk Art Foundation, based in Santa Fe, New Mexico, is a small nonprofit organization with a mission to expand the study of folk art, aiming to foster a deeper appreciation of various cultures worldwide. Through financial assistance, they support the Museum of International Folk Art (MOIFA), contributing to the production of exhibitions and publications. During the fiscal year, approximately 110,000 visitors were attracted to these exhibitions. The foundation's work plays a significant role in promoting cultural understanding and appreciation.
Is International Folk Art Foundation legitimate?
International Folk Art Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Folk Art Foundation 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: $74,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of International Folk Art Foundation?
The International Folk Art Foundation (IFAF) is committed to expanding the study of folk art with the aim of fostering a better comprehension of various cultures worldwide. This organization primarily focuses on providing financial assistance to support the Museum of International Folk Art (MOIFA) and enhancing the understanding of folk art in relation to people across the globe. The IFAF has contributed to the production of exhibitions at MOIFA, including related publications, attracting approximately 110,000 visitors during a fiscal year.
Who is the CEO of International Folk Art Foundation?
Laurel Seth is the Secretary of International Folk Art Foundation.
What is the revenue of International Folk Art Foundation?
International Folk Art Foundation's revenue in 2022 was $2,786,006.
Who are the executives of International Folk Art Foundation and what are their salaries?
The average compensation at International Folk Art Foundation during 2022 was $74,999. There is 1 employee and 7 volunteers at International Folk Art Foundation.
Here are 8 key members and their salaries:
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- Compensation: $73,000
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- Other: $4,300
Where can I find the form 990 for International Folk Art Foundation?
International Folk Art Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International Folk Art Foundation
The International Folk Art Foundation, abbreviated as IFAF, is committed to broadening the study of folk art with the intention of fostering a deeper understanding of various cultures worldwide. In line with this mission, the organization provides financial assistance to the Museum of International Folk Art (MOIFA), furthering the appreciation of folk art and its significance in relation to people around the globe. By supporting MOIFA's exhibitions and publications, IFAF contributes to the dissemination of knowledge about folk art, drawing in approximately 110,000 visitors during the fiscal year.
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Impact
October, 2024
The International Folk Art Foundation significantly impacts the understanding and appreciation of diverse cultures through its support of the Museum of International Folk Art in Santa Fe, NM. By funding exhibitions and publications, the foundation enhances public access to folk art, drawing approximately 110,000 visitors during the fiscal year. Its mission of broadening the study of folk art fosters a deeper understanding of cultural expressions from around the world, bridging gaps between communities and promoting cultural exchange. This commitment not only elevates folk art as a vital aspect of cultural heritage but also cultivates a greater awareness and appreciation of the artistic traditions that shape global identities.
This information is meant to be a general summary of International Folk Art Foundation. 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: $2,759,956
- Gross Receipts: $2,786,006
Assets and Liabilities:
- Total Assets: $32,176,768
- Total Liabilities: $3,701
- Net Assets: $32,173,067
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Organization Details
Founding Year
1951
Phone
(505) 983-2612Principal Officer
Laurel Seth
Main Address
PO BOX 8807, SANTA FE, NM, 875048807
NTEE Category
Code: A112 - Arts
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