New Mexico · Nonprofit
INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM
INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM (New Mexico) receives grants from 34 organizations whose IRS filings report $1,863,371 to it, the largest being JESSE T & JODIE E KING FOUNDATION KATHRYN KING COLEMAN PRESIDENT ($595,000). 22 of them have funded it in more than one year.
- Revenue FY2024
- $3.0M
- Funders on record
- 34
- Grants received
- $1.9M
- Net assets
- $8.1M
What International Folk Art Alliance Inc Dba Ifam does
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.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported a significant change in how it conducts a program.
The organization has discontinued the annual operation of the ifam collection at dallas market center.
Its own explanation, from Schedule O of that return (Part III, line 3).
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.
$2,150,708 spent$1,137,238 earned by the program99% of program spendingMentor 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.
$18,270 spent1% of program spendingFolk 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.
$4,192 spent$3,167 earned by the program0% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,173,170.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $6.1M to $7.5M (+24%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2019 1% · 2020 6% · 2021 7% · 2022 0% · 2023 1% · 2024 7%. Grants only. Government contracts and fees sit inside program revenue.
57% of INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Stacey Edgar
Executive director
Board chair
Hank Coleman
Chair
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base held at 14 funders, grant income fell $389k → $187k.
8 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $288k from 4 payers (the payer shares this organization's board, largest The Cleveland Foundation). These are real filings, and they are not money INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM raised.
From the IRS filings of INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM’s funders (the co-funder graph). Top 30 of 34 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM has a broad base — no single funder exceeds 32% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
31% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM.
Largest funder’s share by year: 2017 71% · 2018 85% · 2019 21% · 2020 21% · 2021 35% · 2022 27% · 2023 29% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
48% of INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM's funders are still giving 3 years after their first grant; 65% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM draws 93% of its grant income from funders outside New Mexico, across 15 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $521k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM runs a healthier operating margin than half of the 5,127 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024
Organizations like INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
58%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Screen this organization
A dated, signed PDF of the compliance screen for INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM?
- INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM (New Mexico) receives grants from 34 organizations whose IRS filings report $1,863,371 to it, the largest being JESSE T & JODIE E KING FOUNDATION KATHRYN KING COLEMAN PRESIDENT ($595,000). 22 of them have funded it in more than one year.
- How many funders does INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM have?
- IRS filings report 34 organizations giving $1,863,371 in grants to INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM, 22 of which have funded it in more than one year.
- Who is the largest funder of INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM?
- JESSE T & JODIE E KING FOUNDATION KATHRYN KING COLEMAN PRESIDENT is the largest funder on record, with $595,000 in grants. The full list of funders is on this page.
- How can an organization like INTERNATIONAL FOLK ART ALLIANCE INC DBA IFAM find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds International Folk Art Alliance Inc Dba Ifam →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 34 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing