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Passes our checks

International Folk Art Foundation

EIN 85-6000853 · Santa Fe, NM

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROVIDE FINANCIAL ASSISTANCE TO THE MUSEUM OF INTERNATIONAL FOLK ART AND FURTHER THE UNDERSTANDING OF FOLK ART AS IT RELATES TO THE PEOPLE OF THE WORLD.

Income
$2.1 million
Spending
$1.6 million
Spent on programs
93%
Reserves
54.4 months of spending
Largest source of income
investment income, 77%
Employees
1
Volunteers
8
Highest pay
$97,750, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 89% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 54.4 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 24% of income.

  • Income trend

    15 of 15

    Income rose 76% on the year before.

  • Spending floor

    15 of 15

    93% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $1.0 million spent. THE INTERNATIONAL FOLK ART FOUNDATION (IFAF) GAVE SUPPORT TO PRODUCE EXHIBITIONS AT THE MUSEUM OF INTERNATIONAL FOLK ART (MOIFA), INCLUDING PUBLICATIONS. THERE WERE APPROXIMATELY 90,000 VISITORS DURING THE FISCAL YEAR.
  2. $316,534 spent. COLLECTIONS CONSERVATION, MAINTENANCE, PROCESSING AND RECORD KEEPING - THE MUSEUM OF INTERNATIONAL FOLK ART (MOIFA) COLLECTION, INCLUDING OBJECTS OWNED BY THE INTERNATIONAL FOLK ART FOUNDATION (IFAF), IS THE LARGEST FOLK ART COLLECTION IN THE WORLD. CARING FOR THESE OBJECTS INCLUDES REGULAR PEST MONITORING, KEEPING DETAILED RECORDS FOR LOANS, EXHIBITIONS, AND NEW ACQUISITIONS, AND RECENTLY CONVERTING ALL RECORDS TO DIGITAL FORMS AVAILABLE ON THE MOIFA WEBSITE. THERE WERE APPROXIMATELY 60,000 VISITORS TO THE WEBSITE AND SOCIAL MEDIA.
  3. $77,767 spent. LIBRARY AND ARCHIVES SUPPORT - THE MUSEUM OF INTERNATIONAL FOLK ART (MOIFA) HAS THE LARGEST INTERNATIONAL FOLK ART LIBRARY IN THE WORLD AND THE ARCHIVES ARE GROWING WITH PLANS TO FURTHER PRESERVE VIDEOS AND FIELD PHOTOGRAPHS. THE LIBRARY SERVES ALL MOIFA STAFF, DOCENTS, VISITORS, AND SCHOLARS. APPROXIMATELY 25,000 VISITORS ACCESSED LIBRARY RESOURCES ONLINE OR VISITED IN PERSON.
  4. $84,627 spent. EDUCATION AND OUTREACH TO SCHOOL GROUPS, DOCENT TOURS AND OTHER TOURS IN PERSON, ONLINE AND THROUGH SOCIAL MEDIA. THERE WERE APPROXIMATELY 30,000 VISITORS TO THE WEBSITE AND 90,000 VISITORS IN PERSON, INCLUDING SCHOOL GROUPS. THE FOUNDATION COLLECTION, CONSISTING OF FOLK ART PIECES, IS HOUSED AT THE MUSEUM OF INTERNATIONAL FOLK ART, WHICH PUTS THE COLLECTON ON PUBLIC EXHIBITION, FURTHERING THE UDNERSTANDING OF FOLK ART. PIECES WHICH ARE NOT CURRENTLY ON DISPLAY ARE AVAILABLE TO RESEARCHERS AND SCHOLARS.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1953.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.