Folk Art International
- Assets
- $377.5k
- Revenue
- $18.9k
- Investments
- $376.6k
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 03/1984
- Data as of
- 09/2022
- EIN
- 94-2716028
Organization Overview
Folk Art International is located in San Francisco, CA. The organization was established in 1984. According to its NTEE Classification (A24) the organization is classified as: Folk Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Folk Art International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Folk Art International generated $18.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (26.3%) each year. All expenses for the organization totaled $9.8k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (19.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTS EDUCATIONAL PROGRAMS AT PUBLIC NON-PROFIT ORGANIZATIONS AND MUSEUMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Vargas Handley President & CEO | 0 | $0 | |
Houston A Cummings Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,466 |
| Interest on Savings | $1 |
| Dividends & Interest | $8,738 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,269 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,936 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $4,838 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $9,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $890 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $376,607 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $377,497 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Folk Art International has awarded $139,284 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ASIAN ART MUSEUM PURPOSE: ARTISTIC & EDUCATION PROGRAMS | $64,642 |
ASIAN ART MUSEUM PURPOSE: ARTISTIC & EDUCATION PROGRAMS | $64,642 |
New York, NY PURPOSE: ARTISTIC & EDUCATION PROGRAM | $5,000 |
New York, NY PURPOSE: ARTISTIC & EDUCATION PROGRAM | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foster Art & Wilderness Foundation Palo Alto, CA | $9,464,479 | $1,203,788 |
Folkwest Incorporated Sisters, OR | $0 | $523,835 |
Portland Folklore Society Portland, OR | $64,189 | $0 |
Kings Regional Traditional Folk Arts Inc Hanford, CA | $150,495 | $0 |
Ancient Ways Scio, OR | $20,679 | $0 |
Sacramento Guitar Society Folsom, CA | $18,660 | $0 |
Show Folks Of America Inc Oroville, CA | $896,840 | $81,674 |
American Tamil Media Dublin, CA | $13,231 | $0 |
Folk Art International San Francisco, CA | $377,497 | $18,936 |
Topanga Banjo Fiddle Contest And Folk Festival Inc Tarzana, CA | $83,673 | $0 |
Mandala Publishing San Rafael, CA | $244,492 | $312 |
Center For Contemporary Art & Culture Portland, OR | $1,551,159 | $0 |