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Arts, Culture, Humanities : Performing Arts

International Folk Art Alliance

Fostering economic and cultural sustainability for folk artists and folk art worldwide

three stars

88.78

620 Cerrillos Road Santa Fe, NM 87505
tel: (505) 992-7600   Web Site
EIN: 35-2285824

Board Leadership
Jane Reid
Chair

CEO
Stuart Ashman
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 88.78 three stars
  Financial 86.31 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Over the past 10 years, the International Folk Art Alliance (previously known as the Santa Fe International Folk Art Market) has expanded programs to meet the specific challenges that folk artists are facing in the global marketplace. Allied with the world's master folk artists, IFAA supports communities around the world to have clean drinking water, girls in school, improved health care and thriving folk art communities. Together, we will continue to create a world that values the humanity of the hand-made, honors timeless cultural traditions, and embraces the vision of dignified livelihoods for folk artists across the globe.

Over the past 10 years, the International Folk Art Alliance (previously known as the Santa Fe International Folk Art Market) has expanded programs to meet the specific challenges that folk artists are facing in the global marketplace. Allied with the world's master folk artists, IFAA supports communities around the world to have clean drinking water, girls in school, improved health care and thriving folk art communities. Together, we will continue to create a world that values the humanity of the hand-made, honors timeless cultural traditions, and embraces the vision of dignified livelihoods for folk artists across the globe.

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

86.31

Accountability & Transparency

four stars

92.00

This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.2%
  Administrative Expenses 6.3%
  Fundraising Expenses 12.3%
  Fundraising Efficiency $0.20
  Working Capital Ratio (years) 0.71
  Program Expenses Growth 4.4%
  Liabilities to Assets 7.6%
All data for Financial Performance Metrics calculations was provided by International Folk Art Alliance on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by International Folk Art Alliance on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
International Folk Art Alliance (NM) 88.78 three stars
Hudson Valley Shakespeare Festival Inc. (NY) 87.64 three stars
Austin Film Society (TX) 95.21 four stars
Hamptons International Film Festival (NY) 89.37 three stars
Strings Music Festival (CO) 90.64 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,257,590
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $5,021
   Related Organizations $0
   Government Grants $28,000
Total Contributions $2,290,611
   Program Service Revenue $1,381,709
Total Primary Revenue $3,672,320
   Other Revenue $127,964
TOTAL REVENUE $3,800,284
   
EXPENSES  
   Program Expenses $2,800,810
   Administrative Expenses $158,456
   Fundraising Expenses $542,286
TOTAL FUNCTIONAL EXPENSES $3,501,552
   
Payments to Affiliates $0
Excess (or Deficit) for the year $298,732
   
Net Assets $3,343,365

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Annual International Folk Art Market $1,620,240 57.8%
Cultural Exchange $423,784 15.1%
Advanced Entrepreneurism Education $402,971 14.4%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-10 03/01/2020 88.78 three stars
2017-10 12/01/2018 92.45 four stars
2016-10 02/01/2018 88.21 three stars
2015-10 12/01/2016 95.31 four stars
2014-10 06/01/2016 97.74 four stars
 
CN 2.0
2014-10 10/01/2015 95.29 four stars
2013-10 07/01/2014 93.63 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 35-2285824
Name in IRS Master File INTERNATIONAL FOLK ART ALLIANCE INC
NTEE Code A24
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Intermediate - the organization is an intermediate organization (no group exemption) of a National, Regional or Geographic grouping of organizations (such as a state headquarters of a national organization).
Group Name [Not Applicable]
Ruling Date November, 2007
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • October, 2018
  • October, 2017
  • October, 2016
  • October, 2015
  • October, 2014
Compensation % of Expenses Paid to Title
$15,807 0.45% Charlene Cerney Interim CEO
Other Salaries of Note
$221,234 6.31% Jeffrey Snell Former CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
International Folk Art Alliance (NM) 88.78 three stars
Aspen Music Festival and School (CO) 91.59 four stars
Cleveland International Film Festival (OH) 93.70 four stars
Williamstown Theatre Festival (MA) 93.10 four stars
Hudson Valley Shakespeare Festival Inc. (NY) 87.64 three stars

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Charity Contact Info

International Folk Art Alliance
620 Cerrillos Road
Santa Fe, NM 87505
tel: (505) 992-7600
fax: (505) 992-2529
EIN: 35-2285824

Visit Web Site

Board Leadership

Jane Reid
Chair

CEO

Stuart Ashman
Chief Executive Officer

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