International Focus Inc
- Assets
- $389.5k
- Revenue
- $369.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Raleigh, NC
- Founding
- 11/1988
- Data as of
- 06/2022
- EIN
- 56-1597928
Organization Overview
International Focus Inc is located in Raleigh, NC. The organization was established in 1988. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, International Focus Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Focus Inc 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 06/2022, International Focus Inc generated $369.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $234.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL FOCUS, INC. IS A NON-PROFIT 501(C)(3) ORGANIZATION WITH THE MISSION TO PROMOTE MUTUAL UNDERSTANDING BETWEEN THE PEOPLE OF NC AND THE INTERNATIONAL COMMUNITY THROUGH EDUCATION, CULTURAL EXCHANGE, ARTS AND THE CELEBRATION OF ACHIEVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL TIES - PLAN AND CONDUCT TOURS OF THE AREA FOR FOREIGN VISITORS AND GUESTS IN THE U.S. THE MISSION OF GLOBAL TIES U.S. IS TO POWER INDIVIDUALS, COMMUNITIES, AND NATIONS TO BUILD TRUST AND TO ADVANCE PEACE AND PROSPERITY THROUGH INTERNATIONAL EXCHANGE.
INTERNATIONAL FOCUS - PRESENTS FESTIVALS FEATURING ETHNIC EXHIBITS, MUSIC, BAZAARS AND CULTURAL DEMONSTRATIONS SERVING THE INTERNATIONAL COMMUNITY. IT ALSO SERVES AS AN INTERNATIONAL RESOURCE CENTER. THE 2022 INTERNATIONAL FESTIVAL OF RALEIGH HAD TO BE POSTPONED DUE TO THE CONTINUED CONCERN OF COVID 19. THE 2023 INTERNATIONAL FESTIVAL OF RALEIGH HAS BEEN SCHEDULED FOR OCTOBER 14, 2023.
FEE FOR SERVICE PROGRAMS - INTERNATIONAL FOCUS FACILITATES COMMUNITY PARTNERSHIP PROGRAMS THAT FOCUS ON INTERNATIONAL DEVELOPMENT, EDUCATION, AND EXCHANGE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Noble President | OfficerTrustee | 6 | $0 |
Sejal Mehta Vice President | OfficerTrustee | 2 | $0 |
Sheri Golden Perry Secretary | OfficerTrustee | 1 | $0 |
Jessica Porta Treasurer | OfficerTrustee | 2 | $0 |
John Twomey Board Member | Trustee | 1 | $0 |
Debbie Hamrick Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $290,740 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,486 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $339,226 |
| Total Program Service Revenue | $29,729 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $368,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,548 |
| Compensation of current officers, directors, key employees. | $29,947 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,479 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,155 |
| Office expenses | $7,724 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,325 |
| Travel | $5,751 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,221 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,978 |
| All other expenses | $14,390 |
| Total functional expenses | $234,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,329 |
| Savings and temporary cash investments | $197,215 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $389,544 |
| Accounts payable and accrued expenses | $10,999 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $149,040 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $160,039 |
| Net assets without donor restrictions | $207,870 |
| Net assets with donor restrictions | $21,635 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $389,544 |