International Folk Art Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,224,096 | 612,792 | 611,304 | 457.0 | 8% |
| 2012 | 1,753,959 | 782,386 | 971,573 | 334.9 | 7% |
| 2013 | 1,094,390 | 717,343 | 377,047 | 392.7 | 9% |
| 2014 | 3,570,873 | 863,878 | 2,706,995 | 375.7 | 7% |
| 2015 | 2,556,294 | 1,706,180 | 850,114 | 184.2 | 4% |
| 2016 | 482,828 | 1,062,539 | −579,711 | 276.7 | 6% |
| 2017 | 858,829 | 1,114,778 | −255,949 | 294.3 | 6% |
| 2018 | 1,430,873 | 863,928 | 566,945 | 409.3 | 8% |
| 2019 | 1,344,487 | 776,872 | 567,615 | 464.5 | 8% |
| 2020 | 1,380,032 | 823,032 | 557,000 | 423.8 | 7% |
| 2021 | 894,003 | 708,548 | 185,455 | 644.6 | 10% |
| 2022 | 2,786,006 | 785,531 | 2,000,475 | 491.5 | 10% |
| 2023 | 880,247 | 825,902 | 54,345 | 487.9 | 10% |
In its most recent public year (2023), this organization brought in $54,345 more than it spent. Its reserves stood at about 487.9 months of spending, up from 457 in 2011. Staff pay was 10% of spending. $28,973,139 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
International Folk Art Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works