Civic Intelligence

International Folk Art Foundation

990 • Fiscal year 2011 • EIN 85-6000853

Jul 01, 2010 to Jun 30, 2011 • Filed on May 15, 2012

Organization ProfileN/A
PO Box 880787504-8807
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2011 filings • NTEE A • $10M-$25M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

87th percentile

22%

Faster asset growth than 87% of similar nonprofits.

2011 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$23,388,540

Up $4,173,329 (+22%) from 2010

Net Assets

Up

$23,338,571

Up $4,130,676 (+22%) from 2010

Liabilities

Up

$49,969

Up $42,653 (+583%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$612,792

Down $153,844 (-20%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $19,215,211Liabilities 2010: $7,316Net Assets 2010: $19,207,8952010Assets 2011: $23,388,540Liabilities 2011: $49,969Net Assets 2011: $23,338,5712011Assets 2012: $21,845,926Liabilities 2012: $13,248Net Assets 2012: $21,832,6782012Assets 2013: $23,489,648Liabilities 2013: $15,633Net Assets 2013: $23,474,0152013Assets 2014: $27,053,044Liabilities 2014: $3,523Net Assets 2014: $27,049,5212014Assets 2015: $26,212,119Liabilities 2015: $20,861Net Assets 2015: $26,191,2582015Assets 2016: $24,505,751Liabilities 2016: $7,485Net Assets 2016: $24,498,2662016Assets 2017: $27,336,599Liabilities 2017: $0Net Assets 2017: $27,336,5992017Assets 2018: $29,501,304Liabilities 2018: $33,970Net Assets 2018: $29,467,3342018Assets 2019: $30,068,919Liabilities 2019: $0Net Assets 2019: $30,068,9192019Assets 2020: $29,075,892Liabilities 2020: $7,790Net Assets 2020: $29,068,1022020Assets 2021: $38,080,422Liabilities 2021: $20,636Net Assets 2021: $38,059,7862021Assets 2022: $32,176,768Liabilities 2022: $3,701Net Assets 2022: $32,173,0672022Assets 2023: $33,617,186Liabilities 2023: $38,533Net Assets 2023: $33,578,6532023Assets 2024: $36,666,070Liabilities 2024: $49,168Net Assets 2024: $36,616,9022024

Highlighted filing

2011

Assets$23,388,540
Liabilities$49,969
Net Assets$23,338,571
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $766,6362010Expenses 2011: $612,7922011Expenses 2012: $782,3862012Revenue 2013: $1,094,390Expenses 2013: $717,343Net Income 2013: $377,0472013Revenue 2014: $3,570,873Expenses 2014: $863,878Net Income 2014: $2,706,9952014Revenue 2015: $2,556,294Expenses 2015: $1,706,180Net Income 2015: $850,1142015Revenue 2016: $482,828Expenses 2016: $1,062,539Net Income 2016: -$579,7112016Revenue 2017: $858,829Expenses 2017: $1,114,778Net Income 2017: -$255,9492017Revenue 2018: $1,430,873Expenses 2018: $863,928Net Income 2018: $566,9452018Revenue 2019: $1,344,487Expenses 2019: $776,872Net Income 2019: $567,6152019Revenue 2020: $1,380,032Expenses 2020: $823,032Net Income 2020: $557,0002020Revenue 2021: $894,003Expenses 2021: $708,548Net Income 2021: $185,4552021Revenue 2022: $2,786,006Expenses 2022: $785,531Net Income 2022: $2,000,4752022Revenue 2023: $880,247Expenses 2023: $825,902Net Income 2023: $54,3452023Revenue 2024: $1,189,756Expenses 2024: $1,000,738Net Income 2024: $189,0182024

Highlighted filing

2011

Revenue-
Expenses$612,792
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
May 15, 2012
Return Version
2010v3.4
Gross Receipts
$1,363,499
Mission and Program Overview

Mission

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.

Major Activities

Activity 2
The international folk art foundation provided educational programs to approximately 200,000 people through school outreach and volunteer support. This included providing eight free hands-on art, music, and dance workshops for 800 children and "folk art to go" for 2,000 public school students.
Activity 3
The foundation provided collections maintenance and support: conservation of objects, storage, pest monitoring, digital photography, etc.
Filing and Contact Details

Filer

EIN
85-6000853
Raw XML AppendixShowing 400 of 446 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE FOUNDATION COLLECTION CONSISTS OF FOLK ART PIECES. THE FOUNDATION HAS CHOSEN NOT TO CAPITALIZE THE COLLECTION; THIS IS AN ALLOWED PRACTICE UNDER GENERALLY ACCEPTED ACCOUNTING PRACTICES. COLLECTION ACQUISITIONS ARE EXPENSED OUT IN THE YEAR OF PURCHASE. DONATED COLLECTION PIECES ARE ACCOUNTED FOR BY AN IN-KIND DONATION OF THE VALUE OF THE PIECE, WITH AN EQUAL AMOUNT IN THE COLLECTION ACQUISITION EXPENSE ACCOUNT. THE FOUNDATION'S COLLECTION IS HOUSED AT THE MUSEUM OF INTERNATIONAL FOLK ART IN ACCORDANCE WITH AN AGREEMENT BETWEEN THE PARTIES. THE COLLECTION IS COVERED UNDER THE RISK MANAGEMENT PROGRAM OF THE STATE OF NEW MEXICO. DURING THE YEARS ENDED JUNE 30, 2011 AND 2010, THERE WERE NO ITEMS IN THE FOUNDATION'S COLLECTION THAT WERE DAMAGED, DESTROYED, OR LOST.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2ENDOWMENT-RELATED EARNINGS ARE TRANSFERRED TO THE GENERAL FUND FOR OPERATIONS.
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IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson0JIM DOWNEY
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0FORMER BOARD MEMBER/TRUSTEE
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleO/GeneralExplanation/Explanation0THE TRUSTEES REVIEW THE RETURN AT A REGULARLY SCHEDULED MEETING, OR AT A SPECIAL MEETING IF NECESSARY, PRIOR TO IT BEING FILED.
IRS990ScheduleO/GeneralExplanation/Explanation1THE BOARD MEETS AND DISCUSSES ANY POTENTIAL CONFLICTS OF INTEREST. THE DISCUSSION AND VOTE TAKES PLACE WHILE THE SUBJECT IS OUT OF THE ROOM.
IRS990ScheduleO/GeneralExplanation/Explanation2THE BOARD DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR EACH YEAR PRIOR TO THE BUDGET MEETING. COMPARABILITY DATA IS OBTAINED WHEN POSSIBLE, THOUGH IT IS DIFFICULT BECAUSE THE POSITION IS PART TIME AND THE CIRCUMSTANCES ARE UNIQUE.
IRS990ScheduleO/GeneralExplanation/Explanation3THE FOUNDATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST BY TELEPHONE OR IN WRITING.
IRS990ScheduleO/GeneralExplanation/Explanation4UNREALIZED GAIN ON INVESTMENTS 3,519,372. TOTAL TO FORM 990, PART XI, LINE 5: 3,519,372.
IRS990ScheduleO/GeneralExplanation/Explanation5FORM 990, PART XII, LINE 2C - THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier1CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XI, LINE 5:
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0NM
IRS990/StatesWhereCopyOfReturnIsFiled0NM
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/BOY0193471
IRS990/TemporarilyRestrictedNetAssets/EOY088751
IRS990/Terminated00
IRS990/TermOrPermanentEndowments01
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine101121 PASEO DE PERALTA
IRS990/TheBooksAreInCareOf/AddressUS/City0SANTA FE
IRS990/TheBooksAreInCareOf/AddressUS/State0NM
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode087501
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10LAUREL SETH
IRS990/TheBooksAreInCareOf/TelephoneNumber05059832612
IRS990/TotalAssets/BOY019215211
IRS990/TotalAssetsBOY019215211
IRS990/TotalAssets/EOY023388540
IRS990/TotalAssetsEOY023388540
IRS990/TotalCompGT150K00
IRS990/TotalContributions01500
IRS990/TotalExpensesCurrentYear0612792
IRS990/TotalExpensesPriorYear0766636
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral0100674
IRS990/TotalFunctionalExpenses/ProgramServices0512118
IRS990/TotalFunctionalExpenses/Total0612792
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY07316
IRS990/TotalLiabilitiesBOY07316
IRS990/TotalLiabilities/EOY049969
IRS990/TotalLiabilitiesEOY049969
IRS990/TotalLiabNetAssetsFundBalances/BOY019215211
IRS990/TotalLiabNetAssetsFundBalances/EOY023388540
IRS990/TotalNbrEmployees01
IRS990/TotalNbrVolunteers09
IRS990/TotalNetAssetsFundBalances/BOY019207895
IRS990/TotalNetAssetsFundBalances/EOY023338571
IRS990/TotalOtherCompensation09507
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00

Document Assets

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Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$23,388,540
Liabilities
$49,969
Net assets
$23,338,571
Revenue
-
Expenses
$612,792
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.7$0.05$36.6$1.19$1.00$0.19
2023Detailed filing. Detailed filing data is available for this year.$33.6$0.04$33.6$0.88$0.83$0.05
2022Detailed filing. Detailed filing data is available for this year.$32.2$0.00$32.2$2.79$0.79$2.00
2021Detailed filing. Detailed filing data is available for this year.$38.1$0.02$38.1$0.89$0.71$0.19
2020Detailed filing. Detailed filing data is available for this year.$29.1$0.01$29.1$1.38$0.82$0.56
2019Detailed filing. Detailed filing data is available for this year.$30.1$0.00$30.1$1.34$0.78$0.57
2018Detailed filing. Detailed filing data is available for this year.$29.5$0.03$29.5$1.43$0.86$0.57
2017Detailed filing. Detailed filing data is available for this year.$27.3$0.00$27.3$0.86$1.11$0.26
2016Detailed filing. Detailed filing data is available for this year.$24.5$0.01$24.5$0.48$1.06$0.58
2015Detailed filing. Detailed filing data is available for this year.$26.2$0.02$26.2$2.56$1.71$0.85
2014Detailed filing. Detailed filing data is available for this year.$27.1$0.00$27.0$3.57$0.86$2.71
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.5$0.02$23.5$1.09$0.72$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.8$0.01$21.8$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.4$0.05$23.3$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$0.01$19.2$0.77