Overview

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Est.

2006

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The International Folk Art Alliance Inc, operating under the name IFAM, is dedicated to creating economic opportunities for folk artists worldwide who celebrate and preserve folk art traditions. With an operating budget of $2.9 million and total revenue of $3 million for the 2024 filing year, IFAM envisions a world that values handmade artistry and cultural heritage while supporting artists as entrepreneurs and catalysts for social change. The organization does not rely on any single funder for 50% or more of its revenue. For more information, visit www.folkartmarket.org.

Mission Statement

ORGANIZATION'S 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.
Revenues
$3M
Expenses
$2.9M
Net Income:
+$145.4K
Assets
$8.1M
Liabilities
$84.2K
Net Assets:
+$8.1M
Operating Budget
$2.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
14
Median grant size
$8.5K
Largest grant received
$33.8K
S
Stacey Edgar
Board Member
G
Gurmeet Kaur
Board Member
A
Ardith Eicher
Board Member

Frequently Asked Questions

What is INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM’s budget?
In 2024, INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM reported an annual operating budget of around $2.9 million. More detailed financial information is available to registered users.
What causes does INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM support?
INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM supports work in Folk arts.
Where does INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM operate?
INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM is headquartered in Santa Fe, NM.
Who funded INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM recently?
In 2025, INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM received grants from PRAIRIEFIRE FOUNDATION, HARRIS FINCH FOUNDATION % WALTER BRODIE BURWELL JR, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM received in 2024?
The largest grant to INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM in 2024 exceeds $34 thousand.
What is INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM’s reliance on government grants?
INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM relied on government grants for more than 5% of their total revenue in 2024.